Housing Wire

MARCH 10, 2025

Today, Rocket Companies announced it has entered into an agreement to purchase digital real estate brokerage Redfin in an all-stock transaction valued at $1.75 billion in equity. The deal, which has been approved by the boards of directors of both Rocket Companies and Redfin, is expected to close in the second or third quarter of 2025. Rocket’s press release stated that Redfin CEO Glenn Kelman will continue to lead the Redfin business, reporting to Rocket Companies CEO Varun Krishna.

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Inman

MARCH 10, 2025

Rocket Companies announced Monday its plans to acquire Redfin in an all-stock transaction valued at $1.75 billion in equity. This acquisition will integrate Redfin's home search platform, which features over 1 million listings and a network of 2,200 agents, with Rocket Companies' mortgage origination and servicing capabilities.

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Housing Wire

MARCH 10, 2025

Monday’s breaking news that Rocket Companies is set to acquire online real estate brokerage Redfin shed light on the changing landscape of the homebuying marketplace. In an exclusive interview with HousingWire , Rocket CEO Varun Krishna said that having a hand in the entire real estate funnel gives Rocket’s broker network “a bigger piece of the pie.” “We think about it more like opportunity. … So when you look at Rocket’s strength in mortgage with Redfin

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Inman

MARCH 10, 2025

Private equity firm Stone Point Capital is seeking to grow Keller Williams and ultimately cash out, analysts told Inman. That expansion could come from new tech, an IPO, or something else entirely.

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Equity Brokerage Marketing 165

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Housing Wire

MARCH 10, 2025

The spring housing market is still trying to spring. Pending home sales inched up for the week with small gains but remained below numbers seen at this time last year. New listings volume is trying to grow with its biggest week since September. List prices inched up for the week, though sales prices did not advance. There are plenty of weak signals in the housing market, of course.

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Housing Wire

MARCH 10, 2025

More than a decade of underbuilding has left the U.S. with a shortage of nearly 4 million homes, according to a new analysis from Realtor.com that was released Monday. This supply gap, which is stretching budgets for home purchases and rental units, is pushing homeownership increasingly out of reach. In a preview of the company’s 2025 Housing Supply Gap report, Realtor.com chief economist Danielle Hale shed light on the current pulse of housing vacancies. “Over the last decade or so,

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Inman

MARCH 10, 2025

The most recent Intel Index data suggests that agents are beginning to track patterns in what's happening to their commission rates in response to the industry practice changes, and are less uncertain about how it's impacting their business.

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Housing Wire

MARCH 10, 2025

For years, the real estate industry has been caught up in battles over commissions, lead generation, and who controls access to listings. Now, as brokerages experiment with private listing networks (PLNs) and MLS s push back, another fight has emergedwho should control where and how listings are shared. But what if all of thisthe entire debate over listing exposure and accesssoon becomes irrelevant?

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As-is MLS Brokerage Industrial 332

Inman

MARCH 10, 2025

Copley has specialized in SoHo's luxury market for 30 years and sold over 50 apartments on Greene Street alone, growing a client roster that includes celebrities, athletes and Fortune 500 executives.

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Marketing Brokerage Agents 145

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

Industrial

Housing Wire

MARCH 10, 2025

Artificial intelligence (AI), predictive underwriting , and blockchain technology are becoming more common in todays real estate industry. As a result, professionals in the title and foreclosure industries must evolve to keep up with upcoming trends. However, long-standing challenges still persist within foreclosure firms, title and escrow companies, and title insurance underwriters.

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Title search Title Technology Industrial 313

Inman

MARCH 10, 2025

The media mogul bought the 6,600-square-foot unit in 2023 for $75 million, and has clinched a healthy profit in an off-market deal. He also owns a smaller unit within the building.

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Marketing 133

Housing Wire

MARCH 10, 2025

A reverse mortgage could have benefits for a qualifying borrower, but anyone considering these loans should also be mindful of the potential risks. This is according to nationally syndicated personal finance columnist Liz Weston in one of her latest pieces. A reader who asked Weston to weigh in on the product relayed the story of their 94-year-old mother, who took out a reverse mortgage in her late 60s thinking she would not live past her 80s.

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Mortgages Equity Loans Finance 275

Keeping Current Matters

MARCH 10, 2025

At one point or another, you’ve probably heard someone say, “Yesterday was the best time to buy a home, but the next best time is today.

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In the rapidly changing real estate landscape, achieving profitability requires a strategic approach beyond traditional methods. Our guide, "The 4 Pillars to Brokerage Profitability," outlines four essential pillars for scaling your real estate business: a seamless lead-to-close technology ecosystem, tailored integrated solutions for teams and agents, value-added success services and community support, and consumer-centric operations throughout the full homeownership lifecycle.

Brokerage

Housing Wire

MARCH 10, 2025

A reverse mortgage-related bill that was introduced in the Maryland state Senate that would have put the onus on lenders to cover some extra expenses tied to the Home Equity Conversion Mortgage ( HECM ) origination process has been withdrawn by the sponsoring senator after conversations with reverse mortgage industry representatives. Senate Bill 831 would have required reverse mortgage lenders to establish a certain escrow account for the payment of eligible homeowner expenses and deduct a certa

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Industrial Mortgages Equity Loans 275

Real Estate News

MARCH 10, 2025

Homeownership is one of Washingtons truly bipartisan issues, the associations chief advocacy officer said, while HUD freezes funding and considers crypto.

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Housing Wire

MARCH 10, 2025

The Jason Mitchell Group (JMG) couldnt have asked for a better two weeks. The Arizona -based brokerage announced Monday that it has merged with iRealty, a brokerage in Arkansas that boasts almost 200 agents and roughly 1,400 transaction sides per year. The move marks JMGs entry into Arkansas, the 42nd state where the brokerage has a footprint. JMG founder Jason Mitchell said that the iRealty leadership of Kristen Kennon and Jon Kennon will remain in their roles.

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Brokerage Branding Agents As-is 247

Real Estate News

MARCH 10, 2025

Fannie Maes latest sentiment survey shows that more consumers think mortgage rates will rise. And home sales activity is expected to remain relatively light.

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Mortgages Sales 226

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As the real estate market evolves, technology has become essential for success. According to NAR, only 26% of agents feel their brokerage provides the necessary tech tools and, as a result, agents seek teams and brokerages who prioritize technology investments! Whether you manage an established team or are forming a new one, this guide outlines key considerations and necessary applications to thrive.

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Housing Wire

MARCH 10, 2025

Rising property taxes are a thorn in the side of many Americans in today’s housing market. Older Americans in particular are feeling the brunt of higher tax payments in key metro areas and are being forced to move, a recent report concluded. John Burns Research & Consulting (JBREC), a leading real estate market research company, shared a chart on LinkedIn that highlights the areas where property taxes are highest for existing homeowners.

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Marketing 234

Inman

MARCH 10, 2025

Despite builders best efforts, Americas 3.8 million housing gap wont be closed until 2032, according to a new analysis. Realtor.com is aiming to expedite that timeline with a new zoning campaign.

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Closing Marketing 100

Housing Wire

MARCH 10, 2025

HomeVision , a collateral underwriting and appraisal review platform, has partnered with artificial intelligence (AI) firm Restb.ai to integrate computer vision technology into real estate valuation processes. The collaboration will incorporate Restb.ais AI-powered image recognition into HomeVisions Machine Intelligence Review Assistant (MIRA) platform.

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MLS Technology Industrial Loans 220

RIS Media

MARCH 10, 2025

Hurricanes, wildfires and other natural calamities are a homeowners worst nightmare, and forward-thinking homebuilders are doing something about it. As housing demands rise, the need for homes that are resilient, energy-efficient and sustainable has never been more critical. But can those three goals be achieved without sacrificing affordability? That was the main question addressed March… The post Future-Proof Housing: How Homebuilders Are Changing With the Times appeared first on RISMedi

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Now more than ever, brokers need to provide agents with the right tools, strategies, and training to effectively demonstrate their expertise, negotiate successfully, and foster strong client relationships. So – what should brokers do to ensure this? Invest in the right technology, continuous education, and innovative marketing strategies that empower agents to stand out in a crowded marketplace.

Agents

Fancy Pants Homes

MARCH 10, 2025

In the exclusive Gray Head subdivision of Telluride, Colorado, a newly listed 6-bedroom, 6-bathroom home with panoramic mountain views and a wide selection of amenities is up for grabs. Listed for $13,900,000 with Stephen Cieciuch at Telluride Properties, the sprawling 35-acre property borders National Forest Land and features two spring-fed ponds and the highest producing well in Gray Head — along with access to modern amenities like a yoga studio and a tennis court (with many more commun

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RIS Media

MARCH 10, 2025

In an announcement Monday morning, Rocket, the parent company of Rocket Mortgage, Rocket Homes and a handful of other mostly housing-focused entities, announced it is purchasing legacy portal and brokerage Redfin, marking a potentially significant power shift in the ongoing portal wars. In a statement, Rocket CEO Varun Krishna described the $1.75 billion all-stock deal… The post BREAKING: Rocket Announces $1.75 Billion Acquisition of Redfin appeared first on RISMedia.

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Brokerage Mortgages Loans Industrial 88

Brownstoner

MARCH 10, 2025

In the News Who Decides to Take a Homeless Person Off the Street? [NYT] Shirley Chisholms Legacy Celebrated at Childrens Museum [BP] Grocery Store, Pottery Studio to Open in Gowanus This Summer [BP] FDNY: Brush Fire Extinguished in Marine Park [News12] Dueling Groups Fight Over Historic Burg Synagogue [Gothamist] Landlords in Greenpoint Superfund Site Avoid Air… Read More > The post Daily Links: Will ‘Burg Shul Become Apartments as Orthodox, Hasids Spar?

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RIS Media

MARCH 10, 2025

Above, Sarah Peters Sarah Peters had been teaching American history in scenic Bucks County, Pennsylvania for 15 years when the idea of selling real estate occurred to her. Bucks County is a charming and desirable place to live, and a real estate career, she thought, might offer new challenges and more flexible hours. Licensed in… The post Thriving Sarah Peters Team Boosts Women in Business appeared first on RISMedia.

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Industrial 99

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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.

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