Mon.Mar 18, 2024

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HUD to bring back Innovative Housing Showcase to National Mall in June

Housing Wire

The U.S. Department of Housing and Urban Development (HUD) on Monday announced that it would be bringing its Innovative Housing Showcase back to the National Mall in Washington, D.C. , this June. The event is designed to highlights housing solutions and “advancements in housing design, technology and sustainability.” Taking place on June 7-9, the event is open to the public and will offer an opportunity “to raise awareness of innovative and affordable housing designs and technologies that have t

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4 Tips To Make Your Strongest Offer on a Home

Keeping Current Matters

Are you thinking about buying a home soon?

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Video marketing platform Roomvu launches in the U.S. 

Housing Wire

Roomvu , a Canadian-based video marketing platform for residential real estate agents, is partnering with Leading Real Estate Companies of the World (LeadingRE) and Realty One to mark Roomvu’s expansion into the U.S. market. Backed by venture fund Second Century Ventures , Roomvu has been recognized as one of Canada’s 20 most innovative tech companies.

Marketing 266
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Master your real estate survival: Take charge at Inman Connect

Inman

Are you building someone else's dreams or crafting your own legacy in real estate? If you don't do it, the industry craziness will. Take charge at Inman Connect Las Vegas this summer.

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Need Curated Pre-foreclosure Lists to Generate New Real Estate Leads? Trellis Has the Data!

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.

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Data breach at Nations Direct Mortgage impacts 83,000 borrowers

Housing Wire

Nevada-headquartered wholesale lender Nations Direct Mortgage revealed that an unauthorized third party obtained access to the data of more than 83,000 customers on or about Dec. 30, 2023, the lender disclosed on March 14 in a notice shared with the Office of the Maine Attorney General. An investigation showed that names, addresses, Social Security numbers and loan numbers may have been obtained by the unauthorized third party bad actor, Nations Direct said on its website.

Mortgages 256

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National columnist examines CFPB reverse mortgage advertising data

Housing Wire

A national syndicated columnist has taken a closer look at the reverse mortgage product category after reviewing data from the Consumer Financial Protection Bureau (CFPB) about the industry’s advertising practices , and she says that the product can have utility for older Americans as long as a prospective borrower properly understands it. Julie Jason, an investment adviser and author, highlighted a CFPB report released in August 2023 that took a closer look at reverse mortgage advertising, both

Mortgages 246
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An anticipated settlement still shocks the real estate industry

Inman

Settlement represents "nothing short of a sea change" as the National Association of Realtors agrees to pay $418 million and make sweeping changes.

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ICE unveils two new property valuation solutions

Housing Wire

Intercontinental Exchange (ICE) Mortgage Technology introduced two new tools, Validate ROV and Validate Selector, to its growing suite of property valuation solutions, the company announced on Monday. The newly released tools are designed to complement other ICE tools, including automated valuation models (AVMs); data collection tools that follow government-sponsored enterprise (GSE) valuation requirements; and a risk profiler that combines analytics, local market data, neighborhood demographic

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Blackstone president: Now it’s time for real estate investors to pounce

Inman

Jon Gray described the current market as a "bottoming period" that should inspire investors to get moving on new purchases and said investors who move fast stand to be rewarded once prices recover.

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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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PennyMac pays $158M to Black Knight in servicing platform dispute

Housing Wire

PennyMac Financial Services has paid $158.4 million to Black Knight Servicing Technologies , concluding a five-year legal battle over allegations of trade secret theft involving two of the biggest companies in the housing industry. An arbitrator issued the final award on Jan. 12, reducing Black Knight’s monetary damages from $155.2 million plus interest, granted as an interim award in November 2023, to $150.2 million plus interest, per filings with the Securities and Exchange Commission (SEC).

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Video automation suite Roomvu lands at LeadingRE, Realty ONE

Inman

Marketing software company Roomvu has landed a pair of enterprise brokerage relationships that stand to push it into the everyday marketing arsenal of thousands of agents.

Land 88
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Real estate agents continue to change brokerages: Relitix

Housing Wire

Relitix’s Agent Movement Index continues to rise on a seasonally adjusted basis as real estate agents continue the trend of switching brokerages at a faster rate than 2023. Additionally, the drop in active agent count, representing those agents with a closing in the last 12 months, has been halted. This could represent a stabilization in the agent pool which is an additional helpful trend.

Brokerage 246
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NAR settlement may disrupt mortgage partner agent programs

Inman

If homebuyers are no longer willing to pay full commissions, what happens to lender programs that incentivize consumers to work with partner real estate agents?

Agents 88
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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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Lennar Mortgage signs on with ICE’s loan servicing system

Housing Wire

Lennar Mortgage , a financial services subsidiary of Lennar Corp. , will move its servicing operations to the industry-leading MSP loan servicing system from ICE Mortgage Technology , ICE announced on Monday. With Lennar already leveraging ICE’s loan origination system, Encompass , the company will benefit from a seamless, digital mortgage ecosystem, the news release stated.

Loans 195
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Over 60% of agents have been recruited so far this year: Intel

Inman

Most agents say they've heard from competitor brokerages in recent weeks. Intel explores what's on their mind as they decide whether to stay — or bolt.

Agents 93
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Panic! at the brokerage: Industry leaders plan next steps after NAR settlement

Housing Wire

In the 24 hours after news broke of the National Association of Realtors’ (NAR) settlement agreement in the commission lawsuits , Doug Danzey, the leader of the eXp Realty -brokered teamerage The Cobalt Group , said the most pervasive emotion among his agents has been panic. “I don’t think they really understand what is going on and what is going to be required of them,” Danzey said.

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Richard Hottinger and team flip-flop back to Corcoran Group

Inman

The high-ranking team returns to Corcoran after a recent one-year stint at Douglas Elliman. Hottinger said Corcoran is "home" to the team.

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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.

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Ginnie Mae seeks budget increase to manage sizable reverse mortgage portfolio

Housing Wire

As part of the budget request submitted to Congress by President Joe Biden and the White House, the U.S. Department of Housing and Urban Development (HUD) detailed some of its hopes for Ginnie Mae. This includes an increase to its 2025 budget authority that, in part, will go toward management of the Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) program.

Mortgages 195
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Fractional real estate: Weighing the pros and cons

Inman

Fractional real estate investing allows investors to pool resources with others and gain access to many investment properties.

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Opinion: Aren’t real estate agents entrepreneurs?

Housing Wire

Generally, people respect entrepreneurs. The show “Shark Tank” takes this notion to a new level as the entire program — successful season after season — glorifies entrepreneurialism and equates it with “The American Dream.” The secular success of Silicon Valley and the enshrinement of venture capital in the edifice of America (and now the world) further burnishes entrepreneurship.

Agents 189
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ERA CEO: Help ensure that gains in Hispanic homeownership continue

Inman

ERA's Alex Vidal writes that it's everybody's job to help Hispanic homebuyers achieve the dream of homeownership.

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5 Data Proven Ways Agents Can Do 18% More Business

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.

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10-acre slice of Seattle lists for $1.5M, with a catch: It’s a cemetery

Seattle Times Real Estate

A new listing in Seattle’s frenzied real estate market covers almost an entire city block and has opportunities for revenue growth. of a very specific kind.

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DelPrete: Here’s what’s driving agent migration patterns now

Inman

As the industry continues to shift gears, Mike DelPrete writes, agents are looking for greener pastures by moving to younger, more agile brokerages that offer new opportunities.

Agents 68
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5 Things Teams and Agents Should Look for in a Real Estate Photographer

RIS Media

Great photographers deliver more than high-quality imagery—follow these tips to get the total package. Imagine a professionally dressed photographer arrives on time, engages the homeowner with a friendly greeting before expertly capturing every angle of the house. She opens all doors so she doesn’t miss a room and adjusts the lighting to portray a warm,… The post 5 Things Teams and Agents Should Look for in a Real Estate Photographer appeared first on RISMedia.

Agents 64
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6 Flat Fee MLS Companies in Virginia

HomeLight

Choosing to sell your home For Sale By Owner (FSBO) in Virginia can be tough, but if you’re an FSBO seller, you might want to consider using a flat fee multiple listing service. These companies can open the door to the Multiple Listing Service (MLS) without the need to engage with a traditional real estate agent. This approach offers potential savings and more control over the selling process, but it’s good to understand it might not be the right path for every homeowner.

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Real Estate Solutions: How to Crush Your Sales Goals and Fuel Your Pipeline

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.