Housing Wire
FEBRUARY 21, 2024
With market uncertainty, real estate agents had been sticking with their current brokerage., but that’s all starting to change. While inventory is still low, professionals are seeing light at the end of the tunnel. According to Relitix’s Agent Movement Index continues to rise on a seasonally adjusted basis as agents begin switching brokerages at a faster rate than 2023.
Real Estate News
FEBRUARY 21, 2024
A new NAR report finds that homeownership has increased over the past decade, but Asian, Hispanic, and especially Black Americans face more hurdles.
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Housing Wire
FEBRUARY 21, 2024
Keller Williams Realty has partnered exclusively with the online learning platform Coursera to offer a comprehensive introduction to the business of real estate. Dubbed the KW Real Estate Agent Professional certificate, the program will give participants a head start in the real estate industry. “Our goal is to ensure that we’re getting the opportunity of starting a career in real estate in front of people who are actively looking for their next opportunity but may not be sure which path to take
Real Estate News
FEBRUARY 21, 2024
ARMLS and Metro MLS respond to “monopoly” claims, contending that its showing management platform leads to increased competition, not less.
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Housing Wire
FEBRUARY 21, 2024
Mortgage demand continued its downward trajectory last week as interest rates moved back above 7%. Mortgage applications decreased by 10.6% on a seasonally adjusted basis during the week ending Feb. 16, according to the Mortgage Bankers Association ’s (MBA) weekly mortgage applications survey. A stronger-than-expected inflation reading sent mortgage rates back north of 7% and also lowered the possibility of a near-term rate cut by the Federal Reserve, according to Mike Fratantoni, MBA’s senior v
Keeping Current Matters
FEBRUARY 21, 2024
There’s a lot of confusion in the market about what’s happening with day-to-day movement in mortgage rates right now.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Real Estate News
FEBRUARY 21, 2024
Celebrating excellence should be about, well, actual excellence — not the size of someone’s wallet.
Housing Wire
FEBRUARY 21, 2024
The U.S. Department of Housing and Urban Development (HUD) on Wednesday issued a mortgagee letter that implements the Federal Housing Administration ’s (FHA) payment supplement partial claim. The new loss-mitigation alternative resulted from the FHA’s acknowledgment that its toolkit wasn’t enough to support struggling borrowers as mortgage rates surged.
Inman
FEBRUARY 21, 2024
There are no funds under NAR's policy available to pay for the cost of defending the Realtor associations nor their multiple listing services which have been sued, according to the trade group.
Housing Wire
FEBRUARY 21, 2024
Mortgage startup Tomo has thrust itself into the “portal wars” arena with the launch of Tomo Real Estate , its new home search site, the company announced this week. “We’re not just another listing portal,” Carey Armstrong, Tomo co-founder and COO, said in a statement. “Tomo Real Estate is here to give home buyers a distinctive advantage with real, actionable insights — not overwhelming them with a buffet of information and ads to decipher alone.
Advertiser: Trellis
Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.
Inman
FEBRUARY 21, 2024
If you're rethinking your buyer consultation process and implementing a buyer representation agreement, team leader Carl Medford shares what you need to know to explain the change to your clients.
Housing Wire
FEBRUARY 21, 2024
Zonda , one of the leading data providers in the homebuilding industry, has acquired Builders Digital Experience (BDX), the company announced on Wednesday. By extension, Zonda also acquired NewHomeSource.com , one of the largest listings platforms for newly constructed homes, and Envision , a new home design platform. Founded in 2000, BDX is owned by a group of 24 leading U.S. homebuilders , including Lennar , PulteGroup , KB Home and Beazer Homes , and it boasts more than 1,200 active builders
Inman
FEBRUARY 21, 2024
The court dismissed a federal antitrust claim in the case known as Batton 1, but allowed state-law claims to proceed, partially due to the argument that commissions are baked into home prices.
Housing Wire
FEBRUARY 21, 2024
Artificial intelligence (AI) startup Brand Engagement Network (BEN) onboarded industry veteran Chris Heller as an adviser to its board of directors. Heller’s addition to the board comes at a time when BEN prepares to go public through a merger with DHC Acquisition Corp. — a special purpose acquisition company (SPAC) focused on technology — in a deal that values the combined company at $358 million.
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Inman
FEBRUARY 21, 2024
Applications for purchase loans plummeted by a seasonally adjusted 10 percent last week, according to a survey of lenders by the Mortgage Bankers Association.
Housing Wire
FEBRUARY 21, 2024
Earlier this month, the U.S. Attorney’s Office for the Southern District of New York (SDNY) announced that it had made a series of 70 charges against current and former officials from the New York City Housing Authority (NYCHA), alleging bribes and kickbacks and charging them with bribery and extortion. The investigation involved more than a year of collaboration between the office of SDNY attorney Damian Williams, the U.S.
Inman
FEBRUARY 21, 2024
Texas-based franchisor Keller Williams has launched a new certification course with Coursera, the U.S.'s biggest open online course provider. The KW Real Estate Agent Professional Certificate course prepares users to build or improve their real estate skills in two to four months, based on how fast they complete the 124-hour curriculum.
Housing Wire
FEBRUARY 21, 2024
Many analysts who cover the mortgage industry believe that the worst of the current cycle may be in the rearview mirror. In 2022 and 2023, quickly rising mortgage rates and shrinking volumes sent shockwaves through the industry and prompted massive job cutbacks. But analysts anticipate growth in both purchase and refinance originations this year. According to data from the U.S.
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
FEBRUARY 21, 2024
More than 1 in 4 agents say their brokerage has changed its policy on buyer agency agreements, and fallout from commission suits has already taken a toll, according to Inman Intel Index results.
Housing Wire
FEBRUARY 21, 2024
Guaranteed Rate has reappointed Jeff Nelson to the position of Southeast divisional manager, the company announced on Tuesday. In his new role, Nelson will oversee sales operations and partnerships. He will also lead teams across North Carolina , South Carolina , Georgia , Florida , Tennessee , Alabama , Mississippi , Virginia and West Virginia. He will be based in the company’s Charlotte office.
Inman
FEBRUARY 21, 2024
How long have you been an agent? Follow these simple steps on listing appointments to answer the question and turn seller leads into signed listings, writes author and trainer Bernice Ross.
Housing Wire
FEBRUARY 21, 2024
The National Association of Realtors (NAR) announced on Wednesday the addition of a home repair estimate app to its package of NAR Realtor Benefits for members. Curbio , a provider of pre-sale home improvement services that requires payment at closing, will provide its “Build Your Own Estimate” mobile app to NAR members, which offers free repair estimates for home inspections upon the upload of a PDF document.
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
FEBRUARY 21, 2024
The FBI has developed a decryption tool to combat the ALPHV/Blackcat ransomware variant, and authorities are offering $15 million in rewards to stop the group.
Housing Wire
FEBRUARY 21, 2024
The Broker Action Coalition (BAC) — a grassroots network operated by the Association of Independent Mortgage Experts (AIME) that initiates communications between mortgage brokers and their legislators — formed its first board of directors and leadership council as it kickstarts its work as an independent nonprofit organization. The newly formed board has 10 voting member seats consisting of four lenders, four brokers, BAC chief advocacy officer and co-founder Brendan McKay , and CEO and co-found
Inman
FEBRUARY 21, 2024
Are you ready to take your real estate entrepreneurship to the next level? Join us for an engaging webinar where we delve into the crucial aspect of professionalism and its impact on your success in the real estate industry.
Housing Wire
FEBRUARY 21, 2024
Longtime reverse mortgage industry professional Tane Cabe has joined C2 Financial ’s reverse mortgage division as a “retirement mortgage expert,” according to an announcement issued by the company this week. Cabe, who most recently served as president of reverse mortgage lending at Fairway Independent Mortgage Corp. , helped grow that company’s division after a series of changes and a reorganization of its leadership structure in 2023.
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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
FEBRUARY 21, 2024
MoxiCloud was formed to officially recommend unique technologies that can better a user’s use of the many business solutions MoxiWorks offers.
Housing Wire
FEBRUARY 21, 2024
Texas Capital Bank (TCB), a warehouse lender that is suing Ginnie Mae over loans made by TCB to now-bankrupt lender Reverse Mortgage Funding (RMF), has objected to a motion by U.S. Department of Justice (DOJ) attorneys seeking to stop the evidence gathering process, saying its requests are reasonable. Late last month, DOJ attorneys initially filed the motion , contending that TCB’s discovery targets are overly broad and would also be burdensome in terms of gathering documents and information.
Inman
FEBRUARY 21, 2024
As a newbie, did you find managing clients hard or chasing down leads? What was your hardest lesson when you started out in real estate? We want to know.
Housing Wire
FEBRUARY 21, 2024
North Carolina-based mortgage lender Premier Lending Inc. has adopted the FICO Score 10 T credit-scoring model for its nonconforming loan originations and whole loan acquisitions. Premier Lending is adopting FICO’s updated credit-scoring model “to continue to drive the company’s innovation strategy forward and help make more homeownership dreams a reality,” the company stated in a release.
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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