Housing Wire
MARCH 25, 2024
Illinois-based State Farm General Insurance will not renew 30,000 residential property insurance policies in California , as well as 42,000 commercial apartment policies in the state, the company announced last week. The company is withdrawing completely from offering commercial apartment policies — which impact multifamily property owners, not renters insurance policies — in California.
Real Estate News
MARCH 25, 2024
The class action case, brought by a former Keller Williams agent, argues that the brokerage doesn’t have the right to retroactively alter the program.
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Housing Wire
MARCH 25, 2024
On the heels of the $418 million settlement recently announced by the National Association of Realtors (NAR), mortgage trade group Community Home Lenders of America (CHLA) has called on the U.S. Department of Veteran Affairs (VA) to expedite regulatory change that would allow veterans and active-duty service members to fund buyer’s broker commissions when purchasing a home with a VA mortgage.
Real Estate News
MARCH 25, 2024
Nothing is changing yet, and when change does come, it won’t eliminate buyer agents or cooperative compensation. ‘‘No one can force you to work for free.
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Housing Wire
MARCH 25, 2024
The current global market cap for “equity release” products, including reverse mortgages, could hit $50 billion by 2033, more than doubling its current size. This is according to a report compiled by the European Pensions and Property Asset Release Group (EPPARG), a trade association that represents European equity release companies. “The report gathers data from market leaders across 13 countries globally with established or developing equity release markets, and [analyzes] growth potential,” t
Real Estate News
MARCH 25, 2024
Tax time can be confusing for agents, but tracking mileage, making quarterly payments and hiring an accountant can pay off. A veteran CPA explains.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Keeping Current Matters
MARCH 25, 2024
Before making the decision to buy a home, it's important to plan for all the costs you’ll be responsible for.
Housing Wire
MARCH 25, 2024
California-based multichannel mortgage lender HighTechLending appointed reverse mortgage industry veteran Brian Boccia to serve as a senior account executive in its third-party origination (TPO) channel. He joins the company after prior experience at companies like Mutual of Omaha Mortgage and Reverse Mortgage Funding (RMF). Aiming to keep in mind the financial difficulties that seniors may be facing, Boccia expressed a commitment to the reverse mortgage space and a need to understand senior pai
Real Estate News
MARCH 25, 2024
The inventory of new homes remains elevated, helping offset the low levels of available existing homes.
Housing Wire
MARCH 25, 2024
Today’s brokerage firms must rely on core services to make up for the low margins of the residential real estate practice. As part of the brokerage rankings, RealTrends collects the number of affiliated service transactions a firm does. These numbers, part of RealTrends Verified , are submitted by the firm but not subject to our verification system.
Advertiser: Trellis
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Inman
MARCH 25, 2024
Robby Braun, partner at Cohen Milstein Sellers & Toll, addresses "misconceptions" about the NAR deal's impact and says Realtors who try to ignore the changes "will get left behind.
Housing Wire
MARCH 25, 2024
It may be counterintuitive, but loan officer Scott Betley, a 32-year-old TikTok sensation , says he isn’t worried about a potential U.S. ban of the short-form video app. Betley, who has more than a decade of experience helping first-time and move-up buyers, joined NFM Lending as a loan officer in 2021. The following year, the Maryland-based lender created an Influencer Division, appointing Betley as vice president and co-creator.
Inman
MARCH 25, 2024
Premier Sotheby’s International Realty President and CEO Budge Huskey corrects the record on commissions — and the potential impact of the NAR settlement on buyers, sellers and agents.
Housing Wire
MARCH 25, 2024
The Society for Advancing Business Editing and Writing (SABEW) announced the winners of the 2023 Best in Business Awards , honoring excellence in business journalism from 2023. HousingWire journalist Will Robinson won the Data Journalism category for his data reporting series on the seismic changes in the real estate industry. The series was published on HousingWire.com and the DataDigest newsletter, which was launched in 2023 in partnership with CoreLogic.
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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 25, 2024
The DOJ opened its investigation into the property management software firm as well as several multifamily building operators who authorities believe collaborated in a "price-fixing combination.
RIS Media
MARCH 25, 2024
Built in sections at a factory and assembled on-site, modular homes offer a unique blend of efficiency and customization. Their popularity stems from their ability to provide affordable, durable and sustainable housing options. We will examine the various benefits of modular homes and highlight why they are becoming a preferred choice for many. If you… The post What Are the Benefits of a Modular Home?
Inman
MARCH 25, 2024
New York City's worst landlord, Daniel Ohebshalom, was punched on Friday during an inmate brawl at Rikers. Ohebshalom was sentenced for failing to fix more than 700 housing violations.
Brownstoner
MARCH 25, 2024
Gowanus, an industrial and low-lying neighborhood, has been undergoing a sudden and sweeping transformation over the past year and a half. Swathes of low slung 19th and early 20th century brick industrial buildings have been demolished. In their place, ubiquitous on many blocks, are active construction sites ringed by green… Read More > The post Extensive Construction in Gowanus Forecasts a Very Different Neighborhood Ahead appeared first on Brownstoner.
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.
Inman
MARCH 25, 2024
A few high-profile squatting cases have gone viral in recent days, but no available data actually indicates the practice of unlawfully occupying property has become more frequent.
RIS Media
MARCH 25, 2024
Ask anyone in the housing industry and they’ll agree that 2023 was one of the most brutal years in the industry since the Great Recession. While some of the same headwinds—high mortgage rates, low housing inventory and lower mortgage demand—that stifled business growth last year have carried into this year, there’s reason for optimism. Executives… The post Top Mortgage Lenders Reveal Their Game Plans, Rebound Hopes for the Year Ahead appeared first on RISMedia.
Inman
MARCH 25, 2024
Coldwell Banker's recent survey reveals key insights into homebuyer and seller attitudes, offering guidance for real estate professionals.
RIS Media
MARCH 25, 2024
On a mission to move the MLS industry forward and put the power back in the hands of brokers, REsides is riding the wave of momentum that was set in motion with the launch of its revolutionary equity-ownership model for members. Introduced in 2021, the MLS model is pioneering new ground for the real estate… The post Independent MLS Leads Needed Industry Change: Borderless, Innovation, Ownership appeared first on RISMedia.
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.
Inman
MARCH 25, 2024
You probably know Ryan Serhant and Josh Team pretty well, but how about the firm's female leaders who are helping to drive it to success?
RIS Media
MARCH 25, 2024
Inflation and home prices: two large barriers for Americans in living their dream lives. While they both are very present issues, one has had a much stronger impact due to its drastic growth rate. Home prices have risen 2.4x faster than inflation since the 1960s, according to a new analysis from Clever Real Estate. To… The post Home Prices Have Massively Outpaced Inflation appeared first on RISMedia.
Inman
MARCH 25, 2024
Sales of newly built homes slipped a modest 0.3 percent between January and February to a seasonally adjusted annual rate of 662,000, according to data released Monday by the U.S. Census Bureau.
Bigger Pockets
MARCH 25, 2024
It’s common to have questions about your property taxes, but one is more important than all the others combined: Why did my property taxes increase. There’s no individual answer to this question, as it can depend on a variety of factors. Here are 19 frequently asked questions (FAQs) to help you understand property taxes as a whole, and with that, determine why your taxes have increased.
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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.
Inman
MARCH 25, 2024
Agent Aaron Hendon shares insights about how mindfulness and kindness can have significant impacts on your business and personal health.
RIS Media
MARCH 25, 2024
Above, Peggy Pratt Born and raised in Boston, the bilingual daughter of Colombian immigrants, Peggy Pratt was managing a bar by the time she was 18, adding food service to bolster profits and giving customers what they wanted. Unbeatable service is still the life-long goal for Pratt, who leads by example, vaulting her five-person Boston… The post Dynamic Boston Team Hones in on Bilingual Service appeared first on RISMedia.
Inman
MARCH 25, 2024
Learn how this New York City agent and vintage car enthusiast moved to the U.S. on her own at 17 and, through hard work and determination, built a life and a real estate career to be proud of.
RIS Media
MARCH 25, 2024
Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. It has been just over one week since the National Association of REALTORS® (NAR) announced that it was settling seller lawsuits and agreeing to make major changes to commission practices, marking a new… The post COURT REPORT: Compass Leads Copycat Settlements; Non-NAR Case Paused appeared first on RISMedia.
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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