Housing Wire

MARCH 27, 2024

As first-time homebuyers contemplate their housing options, the financial calculus between renting and owning is essential. Against the backdrop of elevated mortgage rates and soaring home prices , discerning the evolving financial dynamics between renter-friendly and buyer-friendly markets is also paramount. A report released Tuesday by Realtor.com highlights a significant disparity in costs between buying and renting a starter home across the country’s 50 largest metropolitan areas.

Marketing 469

Marketing As-is Mortgages Finance 469

Real Estate News

MARCH 27, 2024

State Farm, which stopped issuing new homeowner policies in the state last year, will no longer renew existing policies starting in July.

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Housing Wire

MARCH 27, 2024

With its supercharged growth over the past two years, it is no surprise that The Real Brokerage topped the 2024 RealTrends 500 Top Movers list for both transaction side count and sales volume. In 2023, Real recorded 48,905 sides, up 14,721 sides from 2022, and a sales volume of $21.2 billion, up $6.80 billion over the prior year. Not only were these figures good enough for the top mover spot, but Real ranked at No. 6 and No. 10 nationwide for transaction sides and sales volume, respectively.

Brokerage 454

Brokerage Pre-approval Branding Agents 454

Real Estate News

MARCH 27, 2024

Even as settlements continue to roll in, a panel of judges will hear arguments tomorrow about merging the remaining buyer agent commission lawsuits.

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Agents 260

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Agents

Housing Wire

MARCH 27, 2024

The National Association of Realtors (NAR) urged the U.S. Department of Veteran Affairs (VA) to revise its policies that ban veterans from paying broker commissions, an issue that is gaining attention following the NAR’s landmark $418 million settlement. Earlier this month, the NAR announced the settlement of various lawsuits filed by home sellers, which allege that the real estate industry colluded to keep agent commissions artificially high at 5% to 6% of a home’s sale price.

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VA loan Loans Principal Mortgages 446

Real Estate News

MARCH 27, 2024

Brokerages and agents need to communicate exactly how they serve buyers, just as they do for sellers — and what value those services bring to clients.

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Agents Brokerage 237

Real Estate News

MARCH 27, 2024

The 35,000 member multiple listing service calls the DOJ’s statement of interest an “ill-informed” interpretation of its compensation practices.

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MLS 232

Housing Wire

MARCH 27, 2024

Figure Technology Solutions (FTS), the parent company of Figure Lending LLC , took another step this week to become a public company, just one week after announcing a reorganization of its enterprise structure. On Wednesday, the company said it “has confidentially submitted a draft registration statement” with the U.S. Securities and Exchange Commission (SEC) regarding the proposed initial public offering of its equity securities.

Technology 436

Technology Lending Equity Investor 436

Keeping Current Matters

MARCH 27, 2024

In today's housing market, more and more single women are becoming homeowners.

Marketing 253

Marketing 253

Housing Wire

MARCH 27, 2024

Reverse mortgage software and calculator provider Ibis Software announced this week that it appointed Robert Sivori, a reverse mortgage industry veteran, to its board of directors. Sivori’s role became effective March 1, according to an announcement distributed to RMD by company president Jerry Wagner. “Bringing a wealth of experience from the reverse mortgage industry, Sivori joins Ibis Software as a director, poised to contribute significantly to the company’s strategic growth initiatives,” th

Equity 427

Equity Banks Industrial Mortgages 427

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Loans

Inman

MARCH 27, 2024

Governor Ned Lamont on Wednesday proclaimed March 27 "William Raveis Day" in Connecticut as the brokerage celebrated 50 years of service with an unforgettable anniversary bash.

Brokerage 185

Brokerage 185

Housing Wire

MARCH 27, 2024

New York-based multichannel lender US Mortgage Corporation is expanding its efforts in the reverse mortgage space, illustrating its focus on growth. The company recently hired reverse mortgage industry veteran Ken Krajewski to serve as its managing director and head of reverse mortgage lending. US Mortgage recently surpassed 30 years in business. The expansion of its dedicated reverse lending division, which has been active for more than a decade, follows on other recent trends that have seen mo

Mortgages 427

Mortgages Loan Officer Lending Loans 427

Inman

MARCH 27, 2024

With a key inflation report due Friday, mortgage rates and long-term Treasury yields have retreated to levels not seen in two weeks after Fed signals it could ease up on "quantitative tightening.

Mortgages 183

Mortgages Marketing 183

Housing Wire

MARCH 27, 2024

The Appraisal Foundation this week named Kelly Davids, former superintendent of the Ohio Division of Real Estate and Professional Licensing, as its new president. Davids, who has been a foundation staff member since 2013 as a senior vice president, is also a former foundation trustee and has served various roles in Ohio politics over the past 40 years.

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As-is 426

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Sales

Inman

MARCH 27, 2024

The Baltimore homeowner succumbed to cancer before she could celebrate a landmark appraisal bias win. She's part of a long legacy of Black homeowners who've died while fighting for their rights.

Banks 180

Banks Lending Industrial Mortgages 180

Housing Wire

MARCH 27, 2024

HomeServices of America , the remaining defendant in the Sitzer/Burnett commission lawsuit , suffered another blow on Tuesday. In a filing, Judge Stephen Bough, who oversaw the Sitzer/Burnett trial in Oct. 2023, denied the HomeServices defendants’ motion to decertify the class. HomeServices of America first filed its motion to decertify the class in early January 2024.

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As-is 425

Inman

MARCH 27, 2024

The estate sits alone on its own 2.3-acre man-made island, and went into contract on Monday. The negotiated price and the buyer's identity are still unknown.

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Housing Wire

MARCH 27, 2024

The Corcoran Group has expanded in recent years and this week welcomed its first franchise in Oregon, Corcoran Prime , the company announced on Tuesday. Owned and led by Becky Jackson, the new brokerage will serve clients in the Greater Portland metropolitan area, with an office located in Portland’s Pearl District. “Portland’s market holds immense opportunity, and to be entering the market with Corcoran Prime is an ideal accompaniment, not only to our strong existing west coa

Brokerage 425

Brokerage Branding Technology Agents 425

Speaker: Sarah Santa Ana, Real Estate Coach, Move4Free Realty

Networking is one of the crucial elements in every real estate organization's success. Both agents and real estate companies need to maintain robust networking links. This is why social media is essential for any real estate professional! Social media enables you to stay in touch with your present clients, maintain connections with your past clients, and engage potential customers and investors.

Agents

Inman

MARCH 27, 2024

Thirty-six percent of Gen Zers and millennials who plan to buy a home in the near future intend to use a cash gift from family to contribute to a down payment, according to data from Redfin released Wednesday.

Loans 173

Loans Mortgages Marketing 173

Housing Wire

MARCH 27, 2024

It’s no secret that forging new connections at in-person events can help to grow your business. Nothing sets you up for success like learning the habits and best practices of more experienced agents, brokers and other housing professionals. While your online presence is crucial to your success, each real estate event or conference on our list can help you stay current with the latest market, tech and industry trends, build your skills and expertise, and expand your referral network.

Agents 414

Agents Industrial Technology Branding 414

Inman

MARCH 27, 2024

On this week's Pulse, we want to know how your conversations about commissions with clients have shifted in the wake of commission lawsuits and settlements. Weigh in, and let us know!

Agents 172

Agents 172

Housing Wire

MARCH 27, 2024

Snakes. Vultures. Con artists. Liars. These are all untrue and offensive words that come up when searching “Realtors” or “Real estate agents.” And before getting my real estate license in 2009, I had the same opinion, too. But even with all the negative nouns used to describe some real estate agents, the majority of real estate agents are professional and valuable.

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Purchase and sale agreement Agents MLS Brokerage 328

Speaker: Trey Willard, Realtor/Team Leader at Keller Williams Realty, Inc.

In order to create continued success in today’s real estate market, realtors need to utilize an arsenal of technology that will increase their efficiency and presence on social media. Using technology to manage your prospects and tap into their needs through websites, social media, and other channels is critical for real estate success in 2022 and beyond.

Agents

Inman

MARCH 27, 2024

Glennis Beacham founded the former indie brokerage in 2006 after growing her career over the course of more than two decades to become one of Atlanta's top luxury agents.

Brokerage 173

Brokerage Agents 173

RIS Media

MARCH 27, 2024

A home inspection is a critical checkpoint when buying or selling a house. It sheds light on the property’s condition that might not be visible to the naked eye. For buyers, it’s a safeguard against unforeseen expenses. It represents an opportunity for first-time sellers to rectify problems and enhance the home’s appeal. Preparing for the… The post How Buyers and Sellers Can Successfully Navigate Home Inspection Results appeared first on RISMedia.

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Inspection Industrial 122

Inman

MARCH 27, 2024

The critical difference between survival and downfall during turbulent times, such as the commission lawsuits, is effective crisis management, Keller Williams' Julia Lashay Isreal writes.

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As-is Brokerage Agents 169

RIS Media

MARCH 27, 2024

Above, Budge Huskey Nearly two weeks ago, the National Association of REALTORS® announced it had entered into a settlement agreement with the class action plaintiffs in what is known as the Burnett vs NAR case, pending final approval by the court. The basis of the suit is rooted in the most common way in which… The post Op-Ed: Debunking the Myths of the NAR Settlement appeared first on RISMedia.

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As-is Industrial Agents 120

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Curious as to how you could do 18% more business? How about 14 more transaction sides per year? Check out this infographic with data from a RealTrends study to learn more.

Agents

Inman

MARCH 27, 2024

Lender revises appraisal policies and practices in wake of lawsuit by Baltimore couple who claimed their home was undervalued by more than $250,000 because they were Black.

Lending 169

Lending Mortgages 169

RIS Media

MARCH 27, 2024

No matter how the whole commission landscape shakes out going forward after all the legal issues are settled, there is no question that the buyer agent/client relationship has been changed forever. Whether that’s a good thing won’t be determined for a long time. But truth be told, as usual, the strong will survive. As mob… The post Op-Ed: ‘Remember When…’ May Be a Reality, but Not a Negative for the Best REALTORS® appeared first on RISMedia.

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Agents As-is Sales Industrial 117

Inman

MARCH 27, 2024

Most real estate professionals are quite bullish on their own brokerage's business model. But more are beginning to question it, according to a review of the latest Inman Intel Index results.

Brokerage 166

Brokerage Agents 166

Bigger Pockets

MARCH 27, 2024

With the college sports season’s thrilling climax, this is also an exciting time for real estate investors who own rentals in college towns that are being given a high profile.

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Marketing Investor 117

Speaker: Mary Maloney, Founder & Team Leader at Hometown Realty

The sales cycle in real estate is frequently measured at 3+ months. During this time, real estate agents frequently lose contact with clients and miss out on opportunities because they fail to follow up and provide value to the client. Top real estate agents are distinguished from developing agents by their ability to convert organic connections into sales opportunities.

Sales