Housing Wire

APRIL 22, 2024

Scott Wright and Steve Murray of RealTrends Consulting. (Photo Credit: AJ Canaria) Between inflation , an uncertain interest rate environment and legal challenges , the real estate industry is facing unprecedented challenges. While merger and acquisition activity has quieted amid the uncertainty, RealTrends Consulting’s Scott Wright and Steve Murray say now is the perfect time for firms to lay the groundwork for future deals.

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Brokerage Real Estate Agents Sellers 440

Appraisal Buzz

APRIL 22, 2024

Let’s get real for a moment. When that email from an AMC hits your inbox, asking for your best fee and quickest turnaround, do you feel that twinge of annoyance? You’re not alone. A lot of folks in our field are downright peeved (and quite vocal) about the whole bidding process. They see it as a race to the bottom, a game where the only winning move is not to play.

Appraisal 358

Appraisal Real Estate Agent Business Real Estate 358

Housing Wire

APRIL 22, 2024

Do you remember the last time you received a letter in the mail, in an envelope, that was hand-addressed to you? People remember snail mail simply because we don’t receive much of it. Emails are easily forgotten, end up in the spam folder, or are never opened at all — but a letter in the mail ensures you occupy your audience’s mindshare for much longer.

Real Estate 438

Real Estate Open Houses Brokerage Real Estate Agent 438

Appraisal Buzz

APRIL 22, 2024

Ashley Jelinek is the new CEO of Corporate Settlement Solutions (CSS), a regional provider of residential and commercial real estate settlement solutions. With the new appointment, Jerome Jelinek, the company’s founder and CEO, will become chairman. Ashley had been chief operating officer of CSS since 2015. In her new role, she will be responsible for leading the company’s growth initiatives and setting the strategic direction.

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Valuation Insurance Real Estate Appraisal 195

Housing Wire

APRIL 22, 2024

Josh Team, Howard Tager, and Jonathan Lickstein at HousingWire’s The Gathering 2024. (Photo Credit: AJ Canaria) In the real estate industry, the use of generative artificial intelligence has grown beyond just the composition of marketing copy, leading some to question other potential applications. During a panel discussion at The Gathering by HousingWire on Sunday in Scottsdale, three real estate professionals – LoKation Real Estate COO Jonathan Lickstein, Ylopo LLC co-founder and CEO Howa

Real Estate 436

Real Estate Tools Brokerage Technology 436

Appraisal Buzz

APRIL 22, 2024

Research conducted by STRATMOR Group shows that mortgage lenders using Snapdocs ’ e-closing platform are 18 days faster than industry peers across the loan production timeline—from loan application through delivery to the secondary market. The research is based on self-reported performance data from over 150 mortgage lenders. It shows that lender participants using the Snapdocs e-closing platform averaged only 41.1 days from application to closing and 11 days from closing to shipping—a 26% overa

Mortgage 195

Mortgage Appraisal Marketing 195

Real Estate News

APRIL 22, 2024

The move gives the Homes.com parent company access to a massive amount of digital property information as it looks to strengthen its residential presence.

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Housing Wire

APRIL 22, 2024

Earlier this month, California-based multichannel mortgage lender CMG Financial announced that it had acquired Norcom Mortgage ’s retail assets to expand its operations in the Northeast. The deal, however, will not include core members of Norcom’s well-known team of reverse mortgage professionals, including John Luddy , Norcom’s senior vice president of reverse lending.

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Business Lending Mortgage Retail 421

Real Estate News

APRIL 22, 2024

Sitzer/Burnett plaintiffs filed preliminary approval docs on Friday, triggering a countdown to opt in to the agreement process outlined by NAR and the courts.

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Brokerage 207

Housing Wire

APRIL 22, 2024

Imagine walking into a room teeming with 200 strangers. Scary, right? As an introverted real estate agent and coach, I know firsthand how challenging networking can be. I started Move Over Extroverts to teach other agents how to face their fears and clear this common hurdle. As introverts, being around others drains our energy, and we recharge our energetic batteries in solitude.

Real Estate 421

Real Estate Real Estate Agent Agents Training 421

Real Estate News

APRIL 22, 2024

Plaintiffs in Umpa and Gibson have asked the court to merge the two lawsuits. The antitrust cases cover similar ground and name several of the same defendants.

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Sellers 202

Housing Wire

APRIL 22, 2024

With home sales still at historically low levels and uncertainty over the commission lawsuits , real estate brokerage executives prize good leads more than ever. Anthony Djon, CEO of Anthony Djon Luxury Real Estate , said his company gets 90% of its leads from listing portals Zillow and Realtor.com. To convert these leads into business, the brokerage developed teams — also called units — headed by captains who are successful agents with high lead conversion rates.

Brokerage 421

Brokerage Real Estate Realtors Real Estate Agent 421

Inman

APRIL 22, 2024

As the real estate industry continues to evolve, embracing the transformative potential of AI and blockchain technology to gain a competitive edge.

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Real Estate Agent Real Estate Agents Technology 212

Housing Wire

APRIL 22, 2024

Industry veteran Rick Roque has resigned from his position as corporate vice president at retail mortgage lender CrossCountry Mortgage (CCM) to join multichannel player Sierra Pacific Mortgage as executive vice president of retail. The transition was announced on Monday afternoon during a session at The Gathering, HousingWire ’s real estate and mortgage conference held in Scottsdale, Arizona.

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Retail Mortgage Loan Officers Real Estate 420

Inman

APRIL 22, 2024

Matterport's board of directors unanimously approved the deal, which will be finalized later this year. CoStar purchased its outstanding stock for $5.50 per share, reflecting a value of $1.6 billion.

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Brokerage Agents 193

Housing Wire

APRIL 22, 2024

CoStar Group is continuing to focus on expansion. The firm announced Monday that it has acquired 3D scanning company Matterport. The Andy Florance -helmed CoStar purchased all of Matterport’s outstanding shares for $5.50 each, representing a value of $2.1 billion. Through the terms of the deal, stockholders will get $2.75 per share in cash and $2.75 in shares of CoStar Group.

Development 419

Development Technology Investing Real Estate 419

Inman

APRIL 22, 2024

The Utah-based disruptor "moved our real estate agents from W2 to 1099" while other "non-Homie" agents were laid off last week due to "role redundancy," a Homie spokesperson confirmed to Inman.

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Brokerage Real Estate Agent Agents Real Estate 193

Housing Wire

APRIL 22, 2024

Just hours after announcing his firm’s acquisition of 3D scanning firm Matterport , CoStar Group CEO Andy Florance took to the stage in Scottsdale, Arizona, at HousingWire ’s annual conference, The Gathering , to discuss the news. “Photography is so 1989,” Florance said. According to Florance, the capabilities Matterport offers real estate agents, which are not just limited to floor plans, will allow homebuyers to view properties without staging or with their own furniture in the property.

Real Estate 418

Real Estate Brokerage Agents Real Estate Agent 418

Inman

APRIL 22, 2024

Sitzer | Burnett plaintiffs on Friday asked the court to preliminarily approve the proposed deal. Brokerages and MLSs that were left out initially will have to take action by June 18 to be covered.

Brokerage 190

Brokerage Realtors 190

Housing Wire

APRIL 22, 2024

Remote online notarization (RON) platform Proof , formerly known as Notarize , has launched Proof Certificates, which aims to enhance certainty and security surrounding the identity of online notaries. A digital certificate is like a unique private key assigned to an individual and enables notaries to digitally sign a document using cryptography. If a digital certificate falls into the wrong hands, however, it can lead to fraud and potentially significant financial losses and liability.

Legal 418

Legal Technology 418

Appraisal Buzz

APRIL 22, 2024

Angel Oak Capital recently announced its fourth securitization of 2024, bringing its total issuance for the year to approximately $1.4 billion. The four securitizations have a combined average FICO score of 741, an average loan-to-value ratio of 71.4% and a debt-to-income ratio of 32.4%. The senior tranche for all four securitizations received a rating of AAA by Fitch.

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Investors Investing Finance Mortgage 195

Eyes on Housing

APRIL 22, 2024

Green homes go beyond lessening their environmental impact; they also actively mitigate the effects of the environment upon them. All homes can face damage from environmental hazards, prompting builders to implement resiliency practices to reduce such risks. This post will detail the prevalence of resiliency building, specific practices by hazard, as well as resiliency certification.

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Inman

APRIL 22, 2024

Anxiety around commissions leaped to the top of the worries brokerage leaders face, pushing down concerns around inventory and competition, according to Inman Intel Index survey results.

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Real Estate Brokerage Inventory Agents 187

GoForrmz

APRIL 22, 2024

How GoFormz supports greener business practices Our planet is an amazing place – a place that sustains all life as we know it. That’s why for this year’s Earth Day, GoFormz is recognizing the importance of sustainability in business. And it’s not just us! Businesses worldwide are increasingly seeking greener business practices to protect our planet for generations to come.

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Business Transportation Inspection Contracts 78

Inman

APRIL 22, 2024

Anthony Lamacchia thinks some agents are reading too much into guidance issued by mortgage giants Fannie Mae and Freddie Mac confirming sellers can continue to pay buyer's agents' commissions.

Mortgage 187

Mortgage Sellers Agents Buyers 187

BiggerPockets

APRIL 22, 2024

For real estate investors, the question of cash flow versus appreciation is as old as time. However, in an era of high interest rates, buying properties for cash flow isn’t easy.

Investing 83

Investing Real Estate Investors 83

Inman

APRIL 22, 2024

Rodland Real Estate, which operates across the archipelago, provides clients a private members portal with access to off-market properties. With the network Rodland has built over the years, the firm is particularly well-suited to aid newcomers to The Bahamas.

Brokerage 180

Brokerage Real Estate Clients Marketing 180

BiggerPockets

APRIL 22, 2024

Should you pay off debt or invest? Many online financial gurus would tell you in a heartbeat that paying off debt is the number one priority…but is that always true?

Investing 76

Investing Real Estate 76

Inman

APRIL 22, 2024

The couple bought the home in an off-market transaction in January 2023, months after the previous owner passed away. The plot is located across the street from the home of Schwarzenegger's mother, Maria Shriver.

Marketing 170

Marketing Modernization 170

BiggerPockets

APRIL 22, 2024

The U.S. is facing a housing deficit of about 3.2 million units, and the situation is especially dire in urban areas like New York.

Law 86

Law Investors 86

Inman

APRIL 22, 2024

The web and mobile application offers users exceptionally in-depth information on the one global resource that can no longer be produced — land.

Construction 180

Construction Investing Real Estate Technology 180

BiggerPockets

APRIL 22, 2024

Let’s get one thing straight: Real estate investing isn't a get-rich-quick scheme. If you think you can just waltz in and start raking in cash without a solid game plan, you're setting yourself up for a financial face-plant.

Investing 72

Investing Real Estate Development 72

Inman

APRIL 22, 2024

Find out how newlywed, outdoor enthusiast and former CPA Billy Davidson has launched his career — and what he plans to do next.

Inventory 170

Inventory Agents 170

BiggerPockets

APRIL 22, 2024

Are you sitting on the sidelines in this market? Many investors are. There’s a lot of fear and caution. But we’re not. And you don’t need to be, either.

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Investing Investors Marketing 73