Housing Wire

AUGUST 2, 2023

Mobility Market Intelligence (MMI), a data intelligence and market insight tool provider for the mortgage and real estate industries, has acquired Bonzo – a relationship management and mortgage marketing platform. Ohio-headquartered Bonzo will operate as an independent service provider that is led by the current leadership team, which includes co-founder and president Jason Perkins, co-founder and COO/CRO Miles Miller, and CEO Chad Jampedro.

MLS 370

MLS Brokerage Mortgages Industrial 370

Real Estate News

AUGUST 2, 2023

Emily Chenevert, CEO of ABoR and the newly rebranded Unlock MLS, wants Austin buyers and sellers to associate "MLS" with more than just soccer.

MLS 246

MLS 246

Housing Wire

AUGUST 2, 2023

Daryl Owen , the founder of top California independent brokerage Nationwide Real Estate Executives , is joining eXp Realty and taking 200 agents along with him. In 2022, his team closed $887 million in sales on 1,091 transactions, with an average home price of $740,000, eXp said in a statement Wednesday. RealTrends couldn’t independently confirm those figures; NRE has not submitted data to the RealTrends brokerage rankings since 2019.

Brokerage 370

Brokerage Commercial Property Management Branding 370

Keeping Current Matters

AUGUST 2, 2023

If you’re trying to decide if you’re ready to buy a home, there’s probably a lot on your mind.

Marketing 246

Marketing 246

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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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Housing Wire

AUGUST 2, 2023

Despite a $35 million net loss in the second quarter, Zillow saw a slight annual increase in revenue to $506 million, beating Wall Street’s estimates. As a result, the company’s executives told investors and analysts that they were pleased with the firm’s second quarter performance, especially in touring, financing, and renting. “Zillow outperformed the broader industry for the fourth consecutive quarter as we navigate a tough real estate market,” said Zillow cofounder and CEO Rich Barton

Finance 370

Finance Loans Agents Branding 370

Real Estate News

AUGUST 2, 2023

NAR’s midyear forecast touched on a variety of trends, highlighting increased moving distances as a notable recent change.

Agents 246

Agents 246

Real Estate News

AUGUST 2, 2023

The company's net income of $2 million was an improvement after losses in Q1, while revenue fell by more than 10% and U.S. agent count dropped by 6.3%.

Agents 246

Agents 246

Housing Wire

AUGUST 2, 2023

Freddie Mac generated $2.94 billion in net income in the second quarter, up 41% from the first quarter and 20% year-over-year. Like its larger government sponsored enterprise cousin Fannie Mae , Freddie Mac’s second quarter was boosted by rising home prices. Executives on Wednesday said home prices rose 2.4% through the second quarter and are forecast to inch up another 0.8% by year’s end.

Loans 365

Loans Residential Mortgages Finance 365

Real Estate News

AUGUST 2, 2023

Overall revenue was up from Q1 and slightly higher year-over-year, but net losses continued to mount.

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246

Housing Wire

AUGUST 2, 2023

HousingWire Lead Analyst Logan Mohtashami appeared on CNBC ‘s Worldwide Exchange on Wednesday to talk about the health of the housing market , explaining the effect of high mortgage rates and low inventory on existing home sales. Using data from Altos Research , Mohtashami explained how new listings are trending at the lowest levels ever recorded.

Sales 364

Sales Land Mortgages Marketing 364

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

Real Estate News

AUGUST 2, 2023

The iBuyer reduced losses and acquired more homes over Q1, but sales and revenue dipped significantly.

Sales 241

Sales 241

Housing Wire

AUGUST 2, 2023

Engel & Völkers , the global luxury real estate brand, just partnered with Dilbeck Real Estate , one of Southern California’s top real estate teams. Approximately 400 Dilbeck agents and support staff will operate under the Engel & Völkers brand. Additionally, nine office locations will convert to Engel & Völkers shops. The nine office locations are in Los Angeles and Ventura counties, including Burbank, San Marino, Camarillo, La Canada Flintridge, Glendale, Encino, Pasadena, Santa Cl

Brokerage 363

Brokerage Branding Agents Sales 363

Inman

AUGUST 2, 2023

In the last month, the East Coast-based brokerage has made two strategic acquisitions as the company works to bolster its presence in southeastern Massachusetts and Rhode Island.

Brokerage 148

Brokerage Marketing 148

Housing Wire

AUGUST 2, 2023

For all the confusion and volatility that the pandemic caused the mortgage industry, it was clear that the near-zero interest rates were always going to be temporary. After many warnings, The Fed finally made its move in March 2022. Its aggressive inflation-crushing policy extinguished the greatest refi market in history – these days, nearly 90% of residential mortgage originations are purchase loans.

Marketing 361

Marketing Lending Mortgages Residential 361

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Inman

AUGUST 2, 2023

In today's Lesson Learned profile, find out how New York City's Reba Miller learned that your next big deal can come from anywhere — even lunch.

Agents 148

Agents 148

Housing Wire

AUGUST 2, 2023

New York-based Rithm Capital executives see surging rates and increasing capital requirements for banks as an opportunity to acquire diversified assets and operational platforms at a time when the parent company of New Rez and Caliber plans to spin off its mortgage business. “If you think about where we are in the cycle, interest rates are at some of the highest levels we’ve seen in 20+ years, capital requirements in the banking system are headed higher, we are in a period of time wh

Mortgages 354

Mortgages Banks Equity Principal 354

Inman

AUGUST 2, 2023

The company lost $38 million between April and June, though it did see revenue tick up slightly. Zillow also described 2023 as "crucial," in a newly published earnings report.

Marketing 148

Marketing Technology Agents 148

Housing Wire

AUGUST 2, 2023

Government-sponsored enterprise Fannie Mae this week released new updates to its appraiser independence requirements (AIR), and also established new property data independence requirements (PDCIR) simultaneously. Fannie Mae published a new frequently asked questions (FAQ) document related to AIR this week. Lenders typically use appraisal management companies (AMCs) to transfer the compliance burden associated with AIR.

Loans 354

Loans Design Residential Brokerage 354

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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.

Agents

Inman

AUGUST 2, 2023

A 35-home listing on Zillow has prompted debate over displacement and institutional investment — and pushback over a TikToker's claim that an 'entire neighborhood' was about to hit the market.

Sales 148

Sales Marketing Technology Industrial 148

Housing Wire

AUGUST 2, 2023

Dallas-based Pinnacle Realty Advisors , the world’s pioneering Brokerage-as-a-Service (BaaS) platform, is expanding into the California real estate market. The subscription-based cloud brokerage model, which started in Texas, will now be available to residential and commercial agents in California, ranking as the second strongest real estate market in the US, behind Texas. “We are proud to offer agents a platform that unlocks vast opportunities for single agents and teams seeking aut

Brokerage 330

Brokerage Branding Commercial Residential 330

Inman

AUGUST 2, 2023

The road to real estate success is paved with strong connections, integrity and a genuine focus on client needs, trainer and coach Bernice Ross writes.

Agents 148

Agents Marketing 148

Bigger Pockets

AUGUST 2, 2023

Home prices rose again in May. These markets are the ones climbing and falling the most.

Marketing 98

Marketing 98

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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

Inman

AUGUST 2, 2023

Mortgage giants Fannie Mae and Freddie Mac continued to grow their net worth as firm home prices and low default rates allowed them to release billions of dollars previously reserved for losses.

Mortgages 148

Mortgages Industrial 148

Maximum Exposure Real Estate

AUGUST 2, 2023

What to Know About Deducting HOA Fees HOA fees are standard for homeowners, but are they tax deductible? We will explore whether HOA fees can be claimed as deductions on your taxes. We will discuss the requirements for deducting HOA fees, the importance of keeping records, and how to calculate and report these deductions. Additionally, […] The post Can HOA Fees Be Deducted on Your Taxes appeared first on Maximum Real Estate Exposure.

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98

Inman

AUGUST 2, 2023

Daniel Kenigsberg alleges a series of fraudulent documents led to his land being stolen last fall before contractors built a single-family house on his half-acre of land in Connecticut.

Land 148

Land Industrial 148

Brownstoner

AUGUST 2, 2023

This one-bedroom apartment in a 1920s Finnish co-op isn't huge, but it offers a few period touches and a renovated kitchen. It is also just a short walk from Sunset Park. The pale brick building at 728 41st Street has “Elmo Homes Inc.” etched into the stone above the keystone of… Read More > The post Sunset Park Finnish Co-op With Wood Floors, Renovated Kitchen Asks $399K appeared first on Brownstoner.

Renovation 98

Renovation 98

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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.

Sales

Inman

AUGUST 2, 2023

The average price of homes sold to foreign buyers was $639,900, the National Association of Realtors said. The median price was $396,400. Both numbers are record highs.

Industrial 148

Industrial 148

Brownstoner

AUGUST 2, 2023

There were two very talented architects named “Gilbert” working in Brooklyn and New York City at the turn of the 20th century and beyond. Many people confuse them, but Frank W. Woolworth hired both. Charles Pierrepont Henry (C.P.H.) Gilbert designed gorgeous brownstone, brick, and terra-cotta mansions in Brooklyn and gleaming… Read More > The post Architect Cass Gilbert Designed Innovative and Inspiring Public and Commercial Buildings appeared first on Brownstoner.

Commercial 98

Commercial Design 98

Inman

AUGUST 2, 2023

Don’t let the costs scare you, Kevin Woody writes. Your willingness to plan and prepare will contribute greatly to your success as a brokerage owner.

Brokerage 148

Brokerage MLS Marketing Agents 148

RIS Media

AUGUST 2, 2023

Mortgage applications saw a second straight week of decreases, this week down 3.0% from last week’s dip of 1.8%, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association’s (MBA) for the week ending July 28, 2023. This week’s numbers: The Market Composite Index, a measure of mortgage loan application volume, decreased… The post Mortgage Applications See Second Week of Decreases appeared first on RISMedia.

Mortgages 98

Mortgages Loans Marketing Industrial 98

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