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Marc King out, Mark Willis in at KW

Housing Wire

According to the annoucment, King, who has been with Keller Williams since 2001, will continue as a training and coaching leader for Keller Williams’ Franchise Systems Orientation and will continue his work updating the Team Leader and Keller Williams experiences.

Training 361
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Interfirst to lay off 140 employees

Housing Wire

Interfirst is a mortgage business founded in 2001 by Dmitry Godin that has been harmed before by market downturns. Interfirst boasted of its ability to train people with no background in mortgage through a rigorous training course. Presented by: Acra Lending.

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Guaranteed Rate’s Larry Steinway makes the jump to Revolution Mortgage

Housing Wire

He then transitioned to PHH Home Loans in 2001 for an in-house lending stint, a role he stayed in for about nine years. Covey, who joined Revolution as executive vice president in December, was brought on to train and hire top talent who can penetrate local markets with their own databases and networks. It’s the local relationships.

Mortgage 365
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Interfirst Mortgage to lay off nearly 50 LOs

Housing Wire

Interfirst was founded in 2001 as a retail originator and then expanded to the wholesale channel and the correspondent channel in 2008 and 2011, respectively. In 2017, after years of plummeting volumes, the company, led by CEO Dmitry Godin, decided to shutter its business, only to relaunch in 2020.

Mortgage 381
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One-third of real estate CEO comp is variable, up from 2016

Housing Wire

When we started publishing this report in 2001, we found that variable compensation for sales managers, who are focused on recruiting, was about 15% to 20% of their salary,” says Murray. “So, In the survey, large firms have $54 to $400 million in gross commission income (GCI) and 850-1,700 agents. So, they had a relatively high base pay.

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Why home-price growth is still up 18% year over year

Housing Wire

This means all those men and women since 2012 who have been saying its housing 2008 all over again on their YouTube , Twitter, Facebook and other social media outlets simply don’t have the proper training to talk about housing economics. I have documented the history of these housing price crash addicts for a decade now. million listings.

Inventory 384
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Pending home sales shock 2021 housing crash bears

Housing Wire

An index of 100 is equal to the level of contract activity in 2001.” I can tell you that these people don’t have the training to read housing or economic data correctly. in October. Year-over-year, signings fell 1.4%. Home sales had a big gap from trending sales to where total sales closed in 2020.

Inventory 530