Mon.Apr 28, 2025

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Rocket-Redfin deal sparks uncertainty over Bay Equity’s future

Housing Wire

Over a month after Rocket Companies announced its $1.75 billion deal to acquire digital real estate brokerage firm Redfin , industry observers are still trying to understand the future of one key asset: Bay Equity Home Loans. While the companies remain quiet on their plans, some Bay Equity employees arent waiting for answerstheyre already looking for new jobs.

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Patrick Carroll evades prosecution with mental health counseling

Inman

The multifamily investor has agreed to undergo mental health counseling and, in doing so, will not be prosecuted on felony charges by the LA County District Attorney's Office, according to a pretrial hearing last week.

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A frictionless mobile mortgage experience doesn’t require an app

Housing Wire

In the race to create a convenient, modern borrowing experience, many lenders have seized on native mobile apps as the next big thing in mortgage origination. At first glance, the appeal is obvious: an app can live right on a borrowers phone, promise to save their progress, and provide a sleek, branded interface. Yet, in practice, lenders tell us that only about 20 percent of borrowers take that route when given the choice.

Mortgages 338
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Paused Your Moving Plans? Here’s Why It’s Time To Hit Play Again

Keeping Current Matters

Its not really a surprise that 70% of buyers paused their home search last year.

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The 2025 Real Estate Roadmap to Success

Don’t just react to changes, plan for them, so you can approach the new year with confidence, direction, and a competitive edge for your business. Having a well-defined business plan helps you chart a clear course, navigate challenges, and set a foundation for growth. This workbook gives you the key steps to outline what matters and will ensure you’re moving ahead.

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Foreclosure auctions rise in Q1 after VA moratorium expires

Housing Wire

Foreclosure auction activity across the U.S. rose to a six-quarter high during the first three months of 2025, fueled by a surge in properties that hit the market after the expiration of post-pandemic protections, according to a report from Auction.com. Completed foreclosure auctions were up 20% from the previous quarter and up 4% from a year earlier, despite some mid-quarter softening.

Loans 195
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Naples estate shatters Florida home sale record with $225M sale

Inman

A sprawling waterfront estate in Naples, Florida, has shattered records with its $225 million sale, making it the most expensive residential transaction in state history and the second-priciest in the country, the Wall Street Journalreported Friday.

Sales 88

More Trending

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What Would Help Buyers More: Eliminating GST Or Land Transfer Tax?

Toronto Realty Blog

TorontoRealtyBlog I really don’t want to talk about it. Or think about it. I can’t get into it. I think I’ll be sick. It makes me want to cry. It makes me want to remove the maple leaf tattoo on my back. I just ask one thing: once the election is over, can those of you who support you-know-who just try not to do too big a victory lap?

Land 68
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Longbridge’s Melissa Macerato on the impact of new proprietary product

Housing Wire

Its a busy time to be in the proprietary reverse mortgage space, with new and relaunched products hitting the market and other additional features being added to existing product catalogs. Earlier this month, Longbridge Financial announced the addition of Platinum Peak , a new variation of its private fixed-rate reverse mortgage offering. The Platinum Peak product aims to offer higher available loan-to-value (LTV) ratios, which are designed to translate into higher loan proceeds for borrowers, t

Loans 195
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People on the Move: A new CFO at MoxiWorks

Real Estate News

In his new role, Chris Choi will help accelerate our transformation and solidify our position as an industry leader, the tech firms CEO said.

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Peeking into Pennymac’s ‘aggressive’ goal to double broker market share by 2026

Housing Wire

During last week’s earnings call, PennyMac Financial Services chairman and CEO David Spector said during a Q&A with investors and analysts that the company’s goals include continued growth in its broker direct channel and 10% market share by the end of 2026 a goal of more than 100% growth over the next 18 months. The California-headquartered company’s broker market share currently sits at 4.8%, according to Kim Nichols , Pennymac’s chief third-party origination produ

Marketing 195
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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

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.

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Windermere ‘confused’ about Compass’ claims of collusion

Real Estate News

In a lawsuit filed against NWMLS last week, Compass said brokerages with representatives on the MLSs board are co-conspirators, but Windermere calls BS.

Brokerage 162
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RE/MAX hires Daniel Dennis as SVP of sales and service

Housing Wire

Daniel Dennis, a longtime real estate executive with nearly two decades of leadership experience, has been named senior vice president of sales and service at RE/MAX , the company announced Monday. In his new role, Dennis will oversee sales and support services for brokerages in company-owned regions across the U.S. He will also lead franchise growth efforts through sales and conversions, as well as mergers and acquisitions. “Daniel is an accomplished industry leader with a strategic, resu

Sales 221
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Stop Practicing on Paychecks: The #1 Skill Most Agents Ignore

BAM Media

You never want to practice on paychecks. But real estate agents do it every day. If youre winging your listing presentations , buyer consultations, or prospecting calls , youre setting yourself up to fail when it matters most. The truth is, what you say and how you say it directly impacts your ability to win clients, handle objections , and ultimately close deals.

Agents 59
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South Carolina social work researchers focus on aging-in-place technology

Housing Wire

In an effort to provide options for older Americans who want to avoid costly congregate care facilities and intend to age in place , social work researchers at the University of South Carolina will use federal grant dollars to assess the effectiveness of remote home monitoring systems for people who may have more limited aging support and long-term care (LTC) options.

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Tech-Forward Strategies for Scaling Agent Efficiency & Accelerating Growth

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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7 YouTube Strategies from Jimmy Burgess that Agents Need to Know

BAM Media

At BAMfest, Jimmy Burgess didnt just talk about YouTube strategieshe gave a blueprint for long-term, repeatable real estate success. As a real estate agent, coach and team builder with Real Brokerage, Jimmy isnt theorizing. Hes applying these systems with his own team, generating measurable results. From personal experimentation to high-performing case studies, here are seven actionable takeaways that could change the way you grow your business.

Agents 59
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VantageScore mortgage usage plunged 42% in 2024

Housing Wire

VantageScore credit score usage by the mortgage industry dropped in 2024, ahead of widespread changes expected in credit reporting in the coming years. The decline was due to overall market conditions and a spike in portfolio analysis conducted by the government-sponsored enterprises (GSEs) in the previous year.Meanwhile, originators more than doubled their usage of the scores.

Mortgages 195
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Final Look at Local Housing Markets in March and a Look Ahead to April Sales

Calculated Risk Real Estate

After the National Association of Realtors® (NAR) releases the monthly existing home sales report , I pick up additional local market data that is reported after the NAR. This is the final look at local markets in March. The big story for March was that existing home sales decreased year-over-year (YoY) for the 2nd consecutive month following four consecutive months with a year-over-year increase.

Sales 59
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LENDEM Solutions hires Krish Dhokia as CMO

Housing Wire

Texas-based analytics and decision management company LENDEM Solutions announced that Krish Dhokia, a former mortgage marketing leader at Kind Lending and Fairway Independent Mortgage Corp. , has been hired as its new chief marketing officer. Dhokia shared the news over the weekend via LinkedIn. LENDEM empowers organizations to make smarter and faster decisions using the power of big data and machine learning, he wrote.

Lending 195
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Accelerating Real Estate Sales Pipelines to Streamline Buyer Journeys

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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Rocket's new broker champion

Real Estate News

Katie Sweeney, Rocket Pros EVP of strategy and broker advocacy, is clear about her top priority: My job is to create leverage for brokers. Period.

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Efficiency and innovation: Nancy Alley on ICE’s shift away from SDKs

Housing Wire

This year brought significant change for ICE Mortgage Technology. The company made a major shift within its Encompass loan origination system (LOS). ICE shelved its SDK technology in favor of Encompass Partner Connect (EPC), which utilizes a modern application programming interface (API). In this executive conversation, Nancy Alley, Vice President of Product Strategy, shares how ICE Mortgage Technology is driving transformation in the mortgage industry.

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Should You Convert Your Primary Home Into a Rental Property?

AAOA

If you’re considering moving to a new home but aren’t ready to part with your current one, you might be asking yourself: should I turn my primary residence into a rental property? The answer depends on your financial goals, the local rental market, and how comfortable you are with being a landlord. But in many cases, this move can be an incredibly smart financial strategy.

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‘Are you kidding me?’ Real estate industry reacts to Compass-NWMLS lawsuit

Housing Wire

After weeks of buildup, it felt like only a matter of time before Compass would file a lawsuit against Northwest MLS (NWMLS) over the latters Clear Cooperation Policy (CCP). On Friday, the wait ended as Compass filed an antitrust suit against NWMLS. The filing includes alleged violations of the Sherman Act and the Washington Consumer Protection Act, along with tortious interference with business expectancy.

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Maximizing Your Online Presence: Tips for Real Estate Agents on Social Media

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.

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Chris Choi has been named Chief Financial Officer at MoxiWorks

Inman

Software company MoxiWorks has bolstered its C-suite with the hiring of Chris Choi as Chief Financial Officer. Choi was working on an interim basis prior to being formally named to the position.

Banks 68
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Park Slope Neo-Grec With Pier Mirror, Mantels Asks $6.65 Million

Brownstoner

One of a stretch of Neo-Grec houses on Berkeley Place, this Park Slope brownstone still has a fair number of its 1880s details in place, including mantels, wood floors, a pier mirror, and stained glass. The two-family also has updated kitchens and baths, a gym in the cellar, and a… Read More > The post Park Slope Neo-Grec With Pier Mirror, Mantels Asks $6.65 Million appeared first on Brownstoner.

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Executing 1031 Exchange for Multifamily Investment Success

AAOA

When executing a1031 exchangefor multifamily investment success, meticulous planning is essential. Guarantee IRS compliance, involve aQualified Intermediary, and meet strict timelines. Selectreplacement propertieswisely to maximizetax deferraland returns. Verify like-kind status, match or exceed relinquished property value, and hold for business or investment.

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Million Dollar Presentation Secrets: Revealed Live

BAM Media

The exact blueprint behind $1 billion in listings. Shared live. For free. If you’re a real estate agent, you already know the stakes. Every listing appointment is a make-or-break moment. So what if you had the proven framework, the exact script, and the sequence that the top agents in the world use to win those appointments again and again? On April 30, 2025, at 12:30 PM ET, thats exactly what youll be getting from the BAM Webinar with Sharran Srivatsaa and Andrew Undem.

Agents 64
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Driving Profit: 4 Pillars for Growing Your Real Estate Brokerage

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.

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Are Services the Next Must-Have Multifamily Amenity?

AAOA

In the changing multifamily landscape, resident expectations are shifting from traditional amenities such as pools and fitness centers to comprehensive service offerings that enhance convenience and quality of life. This trend reflects a broader changein what renters prioritize, with services such as move-in assistance, on-demand cleaning and pet care becoming pivotal in attracting and retaining renters.

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Daily Links: Excavation Starts for Giant 450-Unit DoBro Complex

Brownstoner

In the News NYPD Probes Pro-Israel Crowds Attack in Crown Heights [NYT] Sheepshead Bay Camp Out Protests Incoming Shelter [NYP] VHS, Cassettes Find New Life at Bushwick Event [NYP] Want an Iconic Brooklyn Street Sign? Fuhgeddaboudit! [Eagle] City Launches Adopt-a-Catch-Basin Pilot in Greenpoint [BP] Display of Rare Geckos Is Coming to Bushwick [Gothamist] See Thousands of Elephants… Read More > The post Daily Links: Excavation Starts for Giant 450-Unit DoBro Complex appeared first on B

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Multifamily is going all-in on virtual tours and media.

AAOA

The apartment industry is doubling down on high-quality mediasomething weve advocated for years. Your photos and videos should give renters the confidence to apply for a lease without ever stepping foot in your community. And now, new data from 2025 confirms thats exactly what renters want, too. This moment should prompt marketers to reevaluate their media strategy and recognize its direct impact on leasing success.

Staging 52
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Why Is My Home Value Dropping on Zillow?

HomeLight

If youve been checking your homes value on Zillow over the years, youve likely been pleased to watch it steadily increase. But lately, you may have noticed a decrease in the websites famous Zestimate and found yourself asking, Why is my home value dropping on Zillow? Youre not alone; homeowners throughout the country are asking the same question. As would-be buyers and sellers wrestle with high interest rates, Zillows latest forecast indicates a 1.9% decline in home values this year.

Sales 52
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Rise of The Apps: Building Your Dream Tech Stack For Real Estate Success

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.