Housing Wire

MARCH 6, 2024

The title insurance and settlement services industry directly generated $30 billion of U.S. gross domestic product (GDP) in 2022, according to a report commissioned by the American Land Title Association that was published on Wednesday. Additionally, the report, conducted by Ernst & Young’s Quantitative Economics and Statistics (QUEST) team, found that the title industry was also directly responsible for 155,000 jobs , and $13 billion and wages and benefits for those employed in the industry

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Title Industrial Land As-is 495

Keeping Current Matters

MARCH 6, 2024

If you’re gearing up to sell your house this spring, one of the early conversations you’ll have with your agent is about how much access you want to give buyers.

Agents 254

Agents 254

Housing Wire

MARCH 6, 2024

Federal Reserve Chair Jerome Powell reiterated Wednesday that the central bank won’t be applying any cuts to benchmark interest rates until it’s sure that inflation is under control. In his prepared testimony to the House Financial Services Committee, Powell hinted at rate cuts “at some point this year” but kept the timing under wraps. Powell emphasized the Fed’s commitment to its dual mandate of bolstering employment and keeping consumer prices stable.

Banks 458

Banks Marketing 458

Real Estate News

MARCH 6, 2024

A Wall Street hedge fund manager is sounding the alarm on Zillow’s market dominance, suggesting that its revenue and traffic are at risk.

Marketing 276

Marketing 276

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Agents

Housing Wire

MARCH 6, 2024

Housing professionals already know that high mortgage rates are bad for business. And they hope that rates will soon fall. But with mortgage rates ascending past 7% according to HousingWire’s Mortgage Rates Center , those hopes have so far been dashed in 2024. Armed with data from HousingWire sister company Altos Research , we can see in minute detail how the housing market responded to the recent 7%-and-higher rate environment and what the market may see again soon.

Mortgages 441

Mortgages Days on market As-is Sales 441

Inman

MARCH 6, 2024

If you want to raise your profile and stay top of mind in your chosen market, luxury consultant Chris Pollinger writes, it requires crafting an effective and recognizable brand identity.

Branding 190

Branding Marketing Development Brokerage 190

Inman

MARCH 6, 2024

Fifty-six percent of consumers surveyed by Coldwell Banker said that price is the most important factor for them when choosing a home, compared to 50 percent who said location was most important, casting doubt on the seasoned advice that location is everything in homebuying.

Brokerage 190

Brokerage Agents Marketing 190

Housing Wire

MARCH 6, 2024

Top-performing independent Florida brokerage Premiere Plus Realty has chosen to affiliate with Dallas-based United Real Estate , according to an announcement on Wednesday. The Naples, Florida-based Premiere Plus has roughly 1,500 agents and six office locations in downtown Naples, north Naples, Fort Myers, Bonita Springs, Cape Coral and Marco Island.

Brokerage 429

Brokerage Agents Closing Sales 429

Inman

MARCH 6, 2024

Agent Danielle Lazier quit listing appointments because she was tired of giving away expertise with no reward. Here's how she susses out which clients truly want to work with her.

Agents 180

Agents Branding Marketing 180

Housing Wire

MARCH 6, 2024

The typically busy spring housing market seems to already be at the doorstep despite stubbornly higher mortgage rates. Mortgage applications increased by 9.7% on a seasonally adjusted basis during the week ending March 1, according to the Mortgage Bankers Association ’s (MBA) weekly mortgage applications survey. It was the first increase in mortgage demand in three weeks.

Mortgages 432

Mortgages FHA loan Loans Residential 432

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Loans

Inman

MARCH 6, 2024

Think your website can't compete with the big portals? SEO expert David Marden writes that, with smart keyword planning, you can find your place in online search results.

Branding 176

Branding Marketing Agents 176

Housing Wire

MARCH 6, 2024

It is a myth that you have to be a people person to be successful in real estate, or that you’ve got to be outgoing, gregarious, and socially confident to be great sales. Some of the most successful top-producing agents and brokers in the country are self-proclaimed introverts. How do you know if you’re a natural introvert or extrovert? Ask yourself what you’d do if you had no appointments this weekend and no worries in the world with plenty of time to spend doing something of

Agents 431

Agents As-is Sales Marketing 431

Inman

MARCH 6, 2024

In the wake of legal settlements in two of the largest commission lawsuits, RE/MAX and Anywhere revealed their paths forward to investors in Q4 earnings calls last month. Intel reads the tea leaves.

Investor 170

Investor Brokerage Industrial 170

Housing Wire

MARCH 6, 2024

A state-level program in Connecticut that pays caregivers living with loved ones who require special attention, and is designed to facilitate aging in place, is seeing a surge in demand across the state. This is according to reporting by Connecticut Public Radio. The state’s Adult Family Living (AFL) program is specifically designed to help older adults age in place in their own homes, avoiding the expenses and stress that could come from relocating to a dedicated senior care facility.

Lending 430

Lending Design As-is 430

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Sales

Inman

MARCH 6, 2024

Voters are set to decide on March 19 whether they want to quadruple the tax buyers pay on real estate purchases above $1.5 million. Realtors say it amounts to a secret tax and rent hike.

Agents 170

Agents Marketing 170

Housing Wire

MARCH 6, 2024

Christie’s International Real Estate appointed Jamie Duran as executive vice president and managing director of its Beverly Hills-based affiliate, the company announced on Wednesday. Prior to joining Christie’s, Duran was affiliated with Coldwell Banker for almost 35 years. In her new role, Duran will work with owner and CEO Aaron Kirman to lead the expansion of the Christie’s brand in Southern California.

Branding 421

Branding Brokerage Agents Technology 421

Inman

MARCH 6, 2024

Howard Hanna had been one of several defendants in a case known as Batton 2, which was brought by homebuyers and has a much larger scope than some better-known cases.

Brokerage 176

Brokerage Agents 176

Housing Wire

MARCH 6, 2024

Pennymac Financial Services has made changes to its technology leadership, creating a new role focused on digital innovations, the company announced on Tuesday. The changes come after the resolution of a long-standing arbitration process with Black Knight regarding its servicing platform. They also come as the mortgage industry is making efforts to adopt artificial intelligence solutions to improve productivity and better assist customers.

Technology 421

Technology Principal Commercial Mortgages 421

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 6, 2024

Local Logic is a software company that unearths community data for use in provided marketing tools. Its latest is called Neighborhood Wrap, delivered via APIs and SDKs.

Marketing 170

Marketing Branding Technology 170

Housing Wire

MARCH 6, 2024

Guaranteed Rate hired Bijoy John, former head of marketing at Newrez , as its vice president of marketing. John’s new tasks will include consumer direct marketing and the crafting of strategies for new products. His goal at Guaranteed Rate is to increase origination volume for the company while also helping consumers throughout the loan life cycle. “What led me to Guaranteed Rate’s marketing team was Victor Ciardelli’s vision for the company.

Marketing 421

Marketing Loan Officer Lending Loans 421

Inman

MARCH 6, 2024

The Inter Miami striker bought the 7,100-square-foot property in an off-market deal. He'll be just a 10-minute walk away from fellow teammate, Lionel Messi.

Marketing 176

Marketing 176

Housing Wire

MARCH 6, 2024

For years, customized integrations have been the sign of a healthy tech stack , seamlessly connecting the various technologies used by a particular title agency ( mortgage lender, broker or appraisal management company, for that matter) to deliver optimal performance. After all, one of the challenges remaining to our industry – even after a wave of digitalization – takes place where two systems don’t connect perfectly, creating chokepoints where humans must move the transaction along manually.

Title 417

Title Technology Industrial Development 417

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 6, 2024

We are used to hearing the word “compounding” in relationship to finances. Here, Inman contributor Carl Medford couples compounding with business habits to set in motion long-term results that can dramatically transform your business and your personal life.

Finance 164

Finance Brokerage Agents 164

Housing Wire

MARCH 6, 2024

California-based mortgage lender CMG Financial will partner with fintech Sagent for seven years as it brings its servicing business in-house. CMG Financial is “doubling down on controlling lifetime customer experience,” and the seven-year deal with Sagent is in line with the lender’s effort to prioritize its “homeowner-first strategy,” the companies said in a joint news release.

Bankruptcy 415

Bankruptcy Loan Officer Mortgages Investor 415

Inman

MARCH 6, 2024

Data provider Attom tracks the 50 U.S. communities most at risk of further housing decline. Half of them are located in one of three places.

Mortgages 176

Mortgages Marketing 176

Housing Wire

MARCH 6, 2024

A group of investors led by the former U.S. Department of Treasury Secretary Steven Mnuchin’s private equity firm, Liberty Strategic Capital , will inject $1 billion in equity investment in struggling New York Community Bancorp (NYCB), one of the nation’s largest residential mortgage servicers. The move strengthens the bank’s balance sheet amid a confidence crisis related to its commercial real estate loan portfolio.

Equity 401

Equity Mortgages Banks Commercial 401

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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 6, 2024

Whether it was the photos, the property description, the website or the social media plan, what marketing element was a total turnoff?

Marketing 170

Marketing Branding Agents 170

RIS Media

MARCH 6, 2024

Federal Reserve Chair Jerome Powell on Wednesday signaled that rate cuts are coming this year, sticking to the Fed’s cautious script about slashing rates too quickly before it has a sustained handle on inflation. “In our pursuit of our dual mandate, the Federal Reserve remains steadfast in promoting maximum employment and stable prices for the… The post Fed Chair Powell Affirms Rate Cuts Are Coming This Year as U.S.

Industrial 134

Industrial Mortgages 134

Coldwell Banker

MARCH 6, 2024

More consumers surveyed prioritize price (56%) over location (50%) when searching for their dream home The post Location, Location…Price? Coldwell Banker Survey Rewrites Real Estate’s Oldest Advice appeared first on Coldwell Banker Blue Matter.

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RIS Media

MARCH 6, 2024

Four women who are suing eXp, along with former and current influencers at the company, recently amended their lawsuit with more details about several sexual assaults allegedly carried out by influencers at eXp events, along with reiterating arguments that the company is culpable for the behavior—and misconduct—of agents who act as recruiters. Filed late last… The post Women Who Claim They Were Sexually Assaulted by eXp Recruiters Say Company Is Liable appeared first on RISMedia.

Agents 125

Agents As-is Industrial 125

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