For MLSs, rentals make good business sense
Real Estate News
OCTOBER 4, 2023
As for-sale listings have declined, more MLSs are integrating rental tools that can help members sustain their business in a slower market.
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Real Estate News
OCTOBER 4, 2023
As for-sale listings have declined, more MLSs are integrating rental tools that can help members sustain their business in a slower market.
Working RE
MAY 18, 2021
Good for Business by David Brauner, Senior Broker at OREP.org Great/five star reviews, like […]. The post Good for Business first appeared at Working RE Magazine. .” – Joe Thweatt Editor’s Note: Take the NEW 2021 Appraiser Fee Survey online now at WorkingRE.com/2021survey.
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Housing Wire
MARCH 28, 2024
A race is a useful analog for the mortgage business, especially as it relates to the refinance business. Data show that returning that call within a few hours will get your race off to a good start. In our business, that’s the refinance transaction. By the time rates reached 5%, the refi business was essentially gone.
Housing Wire
APRIL 23, 2024
On Tuesday at The Gathering by HousingWire in Scottsdale, Arizona, Guild Mortgage CEO Terry Schmidt sat down with HousingWire editor in chief Sarah Wheeler to talk about the principles guiding much of the lender’s actions in recruiting, mergers and acquisitions (M&A) and overall business outlook. Everybody has a voice.
Housing Wire
APRIL 22, 2024
In interviews with RMD, Luddy and other core members of his team — including vice presidents and branch managers Garrett Duffy and Robert Filippone — explained that they will aim to find a more optimal fit for their continuing efforts in the reverse mortgage business. I’ve got to find that there is a good spot for us,” he said.
Housing Wire
APRIL 24, 2024
Mortgage lenders should get used to the concept of ”higher for longer” interest rates and work to bring profitability to their businesses, according to Stan Middleman, founder, president and CEO at Freedom Mortgage. That’s not enough to change your life, your business, your margins. This year will look a lot like last year.
Appraisal Buzz
APRIL 29, 2024
For at least ten good years, appraisers have had a flood of business. By the mid-2000s, I’d built up a large residential and commercial appraisal business with a partner and was now striking out on my own. The biggest question for me was: Do I even want to be in this business if this is how it’s going to be?
Housing Wire
MAY 3, 2024
Maura Healey (D), doing away with a strict face-to-face requirement that has stretched the state’s counseling resources and, at times, halted reverse mortgage business within the state. Good intentions and challenging outcomes Massachusetts Gov. This is due to only a handful of U.S.
Housing Wire
APRIL 17, 2024
The portfolio of loans examined included residential, commercial investor and business purpose loans. In Q1, the firm saw record high levels of issues with wire, data and CPL validations, which cover things like agents being in good standing, data accuracy between lenders and title systems, and agent registration/active status.
Housing Wire
MAY 2, 2024
We felt that ML was a good culture fit and would provide the least amount of disruption to the origination team,” Mountain West CEO Michael Delehanty said in an email to HousingWire. But higher mortgage rates for longer periods have strongly impacted the business. We did transfer our branches and loan officers to ML Mortgage.
Housing Wire
FEBRUARY 9, 2024
Last year was a challenging one for reverse mortgage business activity, and it likely hit no one harder than the industry’s front-line loan originators. The year’s off to a good start,” he said. “I The change is a welcome one, since 2023 may have been Cullen’s “poorest year of 19 years in this business,” he explained. “I
Housing Wire
APRIL 26, 2024
Whether you’re looking to stay informed or motivated, gain market insights, or learn strategies from the masters — our list of the best real estate podcasts for agents can help you level up your business in 2024. We curated a shortlist of the top real estate podcasts that provide useful information for agents at every stage of their careers.
Housing Wire
MAY 2, 2024
Training and production top challenges Training real estate agents on new business practices resulting from the NAR commission settlement is tops when it comes to brokerage challenges. “[For] buyers brokers a flat-fee is a good idea,” said a HomeSmart broker. What a different a few months makes.
Housing Wire
APRIL 30, 2024
After striking two M&A deals late last year, digital multichannel lender Lower plans to acquire at least one other business in 2024. If it finds “a good company,” the lender is willing to pay a premium to the owners, according to Dan Snyder, the fintech’s founder and investor.
Sacramento Appraisal Blog
DECEMBER 13, 2023
Look, it’s easy to feel like God’s gift to real estate when business is flying off the shelves, but it’s tough when the transaction faucet gets turned off. The housing market pretty much sucked this year for so many real estate professionals.
Housing Wire
MARCH 20, 2024
Tane Cabe “C2 is a good place for me to hang my license,” he said. I’ve also been working on the HECM Toolbox, which is really just for lenders and loan officers who haven’t really got to the point where they want to grow their business, and also for lenders that are in the [mortgage] space but not yet in the reverse mortgage space.
Housing Wire
DECEMBER 26, 2023
I think the market could be primed to be up a fair amount next year, which I think is a combination of pretty heavy cost reduction efforts and these brokerages getting a lot leaner, I think you are going to see potential for margin expansion with pretty good revenue growth,” said John Campbell of Stephens. Morgan , said.
Housing Wire
MAY 3, 2024
Meanwhile, mining, quarrying, oil and gas extraction, manufacturing, wholesale trade, information, financial activities, professional and business services, leisure and hospitality and other service, posted little change in April. A slowing labor market can be both good and bad for the U.S. month over month to $34.75 and were up 3.9%
Housing Wire
APRIL 3, 2024
Analysts and industry experts attributed the differing stock performances to the business-model discrepancies between Zillow and Homes.com. We went the route of not leveraging the buyer broker rules from day one because we thought it was a better business model.
Housing Wire
FEBRUARY 16, 2024
What made Draper and Kramer a good fit for NAF to acquire? RA: One thing that most don’t realize about NAF is that we consider ourselves a legacy family business. We are a family business, and a lot of our family works here. to enhance its presence in the Midwest and along the East Coast. SW: Are you planning more acquisitions?
Housing Wire
FEBRUARY 16, 2024
Operated by business partners Brad Nix and Becky Babcock, Path & Post operates mostly in north Atlanta. The Path & Post team posted a total of 275 transaction sides in 2022, which was good for the No. Before joining Path & Post, Smith was a Realtor , broker and partner at LOCAL Realty North ATL for three years.
Housing Wire
MARCH 6, 2024
ALTA noted that 90% of the title industry is made up by small businesses. Additionally, the report, conducted by Ernst & Young’s Quantitative Economics and Statistics (QUEST) team, found that the title industry was also directly responsible for 155,000 jobs , and $13 billion and wages and benefits for those employed in the industry.
Housing Wire
JANUARY 31, 2024
As 2023 turned to 2024, hackers remained busy, infiltrating LoanDepot just four days into the new year. Besides improving general password and security practices, cybersecurity experts stress the importance of having a business continuity plan and an incident response plan. Those roles ought to be unique and used for specific purposes.
Housing Wire
APRIL 11, 2024
SS: We acquire a lot of businesses at Constellation, but then we run our businesses independently. We’re investing in all areas of the business so we’ve been adding to the technology team as well as infrastructure and security and compliance. Sarah Wheeler: What differentiates your tech?
Housing Wire
JANUARY 3, 2024
Whether you’re presenting to a good friend, a referral client or a colder lead, there are some universal mistakes you must avoid if you want to take the listing. The good news is that all of these things are easy to remember: 1. What should you avoid saying or doing on a listing presentation? It’s better than being late!
Housing Wire
FEBRUARY 14, 2024
I am a big believer in developing a brand for your real estate business from Day One. Understanding trademarks According to the United States Patent and Trademark Office (USPTO) website: A trademark can be any word, phrase, symbol, design, or a combination of these things that identifies your goods or services.
Housing Wire
MARCH 4, 2024
This partnership ensures that Realtors in Illinois have access to the highest quality business journalism, market data and research available. “We Good things happen, and opportunities are revealed, when housing leaders have an industry-spanning, deeply informed perspective,” HousingWire CEO Clayton Collins said.
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. 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.
Housing Wire
DECEMBER 14, 2023
A promising winter market Business for the mortgage industry has picked up considerably since Thanksgiving, with homebuyers jumping on lower rates. Meanwhile, new listing activity also inched up slightly in recent weeks, another good sign for homebuyers who have more options. The holidays have come early for the mortgage industry.
Housing Wire
NOVEMBER 3, 2023
When it comes to marketing your real estate business, video is king. Here are 13 video marketing best practices for your real estate business. Videos for your real estate business are no different. Chances are good the script, the angles and the highlighted features will be very different. What are their priorities?
Housing Wire
MARCH 13, 2024
It’s really hard for independent business owners to get unbiased advice from themselves,” says Kyle Scott, President of SERHANT. A coach works best for someone who is actually looking to grow their business, someone who is looking to put in the time and the energy to make a difference in achieving more income this year.
Housing Wire
APRIL 23, 2024
Investor interest, product offerings When asked about investor interest, Krajewski said that partners are eager about the prospect of more companies entering the reverse mortgage business — especially firms that are well known to them. There is a lot of interest from virtually every wholesaler and investor out there,” Krajewski said.
Housing Wire
APRIL 18, 2024
Editor in Chief Sarah Wheeler sat down with Ike Suri, chairman and CEO of FundingShield, to talk about rising fraud risks, what keeps him up at night, and why AI is still far from helpful in his business of protecting clients. How good of a job are they doing in regards to volume that’s going through them? of the loans.
Housing Wire
APRIL 24, 2024
While she believes this transparency was a good thing for the seller, it harmed the buyer as many agents began to claim that they would represent buyers for free — which has certainly played a role in the commission lawsuits that are currently plaguing the industry. “We The brokerage models have to adapt,” Saunders said.
Housing Wire
JULY 31, 2023
Flagstar made news in recent months, expanding its footprint and further diversifying its business model with the completion of the merger with New York Community Bancorp (NYCB) and the acquisition of certain financially and strategically complementary parts of Signature Bank. Flagstar Bank , a top-25 U.S.
Housing Wire
APRIL 25, 2024
As the United States becomes more diverse, this isn’t a one-off situation or just a ’feel-good’ effort. It’s about morphing your business into something sustainable, where you can move forward and make money with the people who are actually going to buy homes going forward. These people are the new majority.”
Housing Wire
SEPTEMBER 8, 2022
But when it comes to marketing a real estate or mortgage lending business, people who have made a sale in the past often consider marketing automation a “nice to have.”. He was so good at his job that a few years back his company gave him a spot on its annual, all-expenses-paid trip around the Caribbean. Not anymore.
Housing Wire
MARCH 27, 2024
US Mortgage recently surpassed 30 years in business. Business alignment Krajewski most recently served as vice president and head of reverse mortgage lending at University Bank , and he joined US Mortgage earlier this month. He said the company attracted him because of its goals to expand more broadly into reverse mortgages. “I
Housing Wire
FEBRUARY 14, 2024
Final decisions on these employees are still being worked out based on the needs to wind down the current pipelines and close out the Academy business, she said. Aside from geographical expansion, Academy also brings expertise in the construction loan space for builders, which represents 25% to 30% of its business, according to Schmidt.
Housing Wire
SEPTEMBER 22, 2023
If that business flow for a time period helps them cover the variable costs, then it can be effective. Kim: A bit of good news for lenders in Q2 was that their production volume went up and origination costs went down. While the central bank left the benchmark rate unchanged in the target range of 5.25%-5.5% So they are a policy buyer.
Housing Wire
AUGUST 17, 2023
Whether times are good or not-so-good, it’s always good practice to audit yourself. When times are good, most owners will say that they don’t have the time because there’s so much new business coming in the door. I get it, running a business can be time consuming. I’ve even seen multiple accounting systems!
Housing Wire
SEPTEMBER 21, 2023
For starters, we have to work harder than ever before to get our business moving in the right direction. We need to be more strategic in how we use technology and what kind of investments we make in our businesses, including our talent attraction and retention game. Having an edge is imperative in any business, especially real estate.
Housing Wire
MARCH 15, 2022
The key to winning purchase business in 2022 remains as it was in 2021, the year before that, and the year before that – building and maintaining relationships with real estate agents. By doing so, “agents will send you business because you’re providing value to their business,” he said.
Housing Wire
MARCH 27, 2024
Not only were these figures good enough for the top mover spot, but Real ranked at No. Not only were these figures good enough for the top mover spot, but Real ranked at No. In 2023, Real recorded 48,905 sides, up 14,721 sides from 2022, and a sales volume of $21.2 billion, up $6.80 billion over the prior year. and Canada.
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