Housing Wire
MARCH 29, 2024
Anna Frankowska was recognized in 2017 as one of Forbes’ “ 30 Under 30 ” in Europe, having studied economics in London before moving to work in investment banking. A passion for technology led her to work in the fintech and blockchain spaces, and she has now turned her attention to the senior finance space by founding a company called Graceful Finance.
Real Estate News
MARCH 29, 2024
In the first of a three-part series, RESO CEO Sam DeBord explains what an MLS is — and what it isn't — and how definitions of the MLS can vary.
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Housing Wire
MARCH 29, 2024
The real estate industry is facing yet another commission lawsuit , but this time the plaintiff is not seeking class-action status. In a lawsuit filed Thursday in the U.S. District Court for the Southern District of New York , Hao Zhe Wang accused real estate industry players of “agreeing, combining and conspiring to impose, implement and enforce anticompetitive restraints and the cause Plaintiff to pay inflated commissions on the purchase and sale of his homes in violation of federal and state
Real Estate News
MARCH 29, 2024
In a blog post, CEO Carrie Wheeler said the NAR deal and rule changes would be a boon for the company: “We’ve never been so optimistic about the future.
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Housing Wire
MARCH 29, 2024
The Council of Multiple Listing Services is joining Northwest MLS in filing a motion to request that it can file an amicus curiae brief in the Nosalek commission lawsuit. In its motion filed on Wednesday, CMLS said its amicus curiae brief is in repsonse to the Department of Justice’s statement of interest which was filed in early February in relation to the proposed settlement agreement reached by the Nosalek plaintiffs and defendant MLS Property Information Network in July 2023.
Real Estate News
MARCH 29, 2024
Despite a less competitive market for buyers, cash remains king — not to win bidding wars, but to avoid inflated financing costs.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Inman
MARCH 29, 2024
The Council of Multiple Listing Services, a trade group of about 225 MLSs, united with Northwest MLS on Wednesday to pen amicus briefs exposing alleged flaws in the DOJ's statement of interest.
Housing Wire
MARCH 29, 2024
The U.S. Department of Housing and Urban Development (HUD)’s Office of Policy Development and Research is seeking public comment related to application and origination documents for the Federal Housing Administration (FHA)-backed Home Equity Conversion Mortgage (HECM) program, according to a notice published this week in the Federal Register. Two key documents are at the center of the proposed changes.
Inman
MARCH 29, 2024
Corcoran told Yahoo! Finance she doesn't believe the effects of the settlement will be as earth-shattering as many make them out to be, but that "the confusion it's causing is amazing.
Housing Wire
MARCH 29, 2024
Rocket Companies , the parent of Rocket Mortgage , promoted Noah Edwards as the firm’s chief accounting officer. Edwards will replace Brian Brown, who had assumed the CAO position in addition to being the company’s chief financial officer and treasurer. As chief accounting officer, Edwards will receive a base salary of $358,000. He will be eligible for other compensation and benefits provided to similarly situated team members, according to an 8-K filing with the U.S.
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Inman
MARCH 29, 2024
After the National Association of Realtor's proposed settlement, Coldwell Banker Realty President and CEO Kamini Lane offers 3 tips for agents amid commission compression chaos.
Housing Wire
MARCH 29, 2024
Courted has grown its roster of customers since its launch in 2021 and is within three months of reaching and sustaining profitability, the company announced on Friday. Co-founded by Sean Soderstrom, Dan Breitbach and Joe Urciuoli, the proptech company sells an AI-powered software platform to help real estate brokerages with their recruiting efforts.
Inman
MARCH 29, 2024
The move comes two weeks after the National Association of Realtors signaled a $418M settlement of commission lawsuits. T3 Sixty said it will bring the ranking back when litigation is resolved.
Housing Wire
MARCH 29, 2024
The Consumer Financial Protection Bureau (CFPB) this week released its 2023 Consumer Response Annual Report , offering an overview of consumer complaints in a variety of industries overseen by the bureau. While much of the report suggests “a continued increase in credit or consumer reporting complaints, with more than one million of these complaints being sent to the three nationwide consumer reporting companies,” the mortgage industry demonstrates general reactivity to the feedback, according t
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Navigated 360° tours, like YourVRTours, advance pipelines by engaging clients further along the sales funnel. These immersive experiences provide comprehensive property insights, increasing buyer intent and readiness. By embracing navigated tours, agents can optimize property exposure, better qualify leads, and streamline the sales process. Stay ahead in the ever-evolving real estate landscape with innovative technology that elevates buyer journeys and progresses pipelines more effectively.
Inman
MARCH 29, 2024
Follow this step-by-step blueprint from Jimmy Burgess, and your listing appointments will be like Chick-fil-A on a Sunday — closed.
Maximum Exposure Real Estate
MARCH 29, 2024
What Renovations Should I Make at My House Before Selling? Are you wondering about the best renovations for ROI and resale? If so, you are wise to do so. Many potential homeowners never give it a second thought. Many sellers assume that any renovations or repairs they do to their house will automatically increase the […] The post Renovations and Improvements That Give Home Sellers High Return on Investment appeared first on Maximum Real Estate Exposure.
Inman
MARCH 29, 2024
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.
Calculated Risk Real Estate
MARCH 29, 2024
Here are some graphs on outstanding mortgages by interest rate, the average mortgage interest rate, borrowers’ credit scores and current loan-to-value (LTV) from the FHFA’s National Mortgage Database through Q4 2023 (released this morning). Current Outstanding Mortgage Rates Here is some data showing the distribution of interest rates on closed-end, fixed-rate 1-4 family mortgages outstanding at the end of each quarter since Q1 2013 through Q4 2023.
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.
Bigger Pockets
MARCH 29, 2024
Earlier this year, a group of scammers in Hong Kong used deepfake technology to steal more than $25 million from a company by impersonating its CFO. Real estate titles are already subject to fraud, and with AI tech, it could get even worse. Here's how to protect yourself.
Coldwell Banker
MARCH 29, 2024
"Real estate agents are essential to helping people realize their true dreams of homeownership." - Kamini Lane, president and CEO, Coldwell Banker Realty The post Will Uncertainty Drive More Agents Out of Real Estate? Maybe – But Don’t Let It Be You. appeared first on Coldwell Banker Blue Matter.
Bigger Pockets
MARCH 29, 2024
These college markets might not have skyrocketing price or rent growth, but they certainly have long-term strength. From Tuscaloosa to Austin, long-term investors should look into these 10 housing markets.
HomeLight
MARCH 29, 2024
As you prepare to sell your home, your first big question will likely be, “What will be my listing price?” This is a tightrope decision that requires just the right balance, and it starts with knowing your home’s value. To find the Goldilocks price point, most real estate agents use the sales comparison approach. In this post, we’ve asked two top real estate experts to share insights on how this approach plays a key role in your home sale, how it works, and another pricing option you might need.
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.
Bigger Pockets
MARCH 29, 2024
Real estate investments are available in many shapes and sizes, including industrial real estate investing. This is not the most common form of real estate investing, but it has a lot of potential when done right, and can be a great opportunity to diversify your investments.
Seattle Times Real Estate
MARCH 29, 2024
If you left town in search of a more affordable home, or if you are giving it serious thought, we'd like to hear your perspective.
HomeLight
MARCH 29, 2024
Selling your Pennsylvania home on your own, known as For Sale By Owner (FSBO), can be a lot of work, but it could save you money when it comes to paying the commission costs associated with hiring a real estate agent. However, one way to get the most out of selling your home on your own, is hiring a flat fee MLS listing service. These services will grant you access to the Multiple Listing Service in your market without a conventional real estate agent, which could increase your home’s visibility
Marco Santarelli
MARCH 29, 2024
The onset of a recession in the United States is officially determined by the National Bureau of Economic Research (NBER), which defines a recession as “a significant decline in economic activity spread across the economy, lasting more than two quarters which is 6 months , normally visible in real gross domestic product ( GDP ), real income, employment, industrial production, and wholesale-retail sales.” When Did the Recession Start in the US?
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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.
HomeLight
MARCH 29, 2024
If you’re considering selling your New Mexico home without the help of a real estate agent, you may want to use a flat fee MLS listing service to reach potential buyers. This approach allows for sale-by-owner (FSBO) sellers to list their homes in the local multiple listing service (MLS) without requiring the traditional real estate agent involvement.
BubbleInfo
MARCH 29, 2024
This is getting to be a real problem, and there doesn’t appear to be a Plan B. Hat tip to Richard! As home insurers flee California, the state’s last-resort insurance plan is warning that it’s being pushed toward insolvency, forced to cover a rapidly growing number of properties that have lost traditional coverage and unable […] The post Fire Insurance in California first appeared on bubbleinfo.com.
Eye on Housing
MARCH 29, 2024
Real gross domestic product (GDP) increased in 49 states and the District of Columbia in 2023 according to the U.S. Bureau of Economic Analysis (BEA). Delaware is the only state to report an economic contraction last year. The percent change in real GDP ranged from a 5.9 percent increase in North Dakota to a 1.2 percent.
HomeLight
MARCH 29, 2024
If you’re considering selling your Oregon home without the help of a real estate agent, you may want to use a flat fee MLS listing service to reach potential buyers. A flat fee MLS company helps for-sale-by-owner (FSBO) sellers list their homes in the local multiple listing service (MLS) without spending the money to hire a real estate agent. In this article, we will explain the pros and cons of using a flat fee MLS service, which listing services are available in Oregon, how they work, an
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.
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