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Opinion: Unleashing AI real estate marketing magic

Housing Wire

When we contemplate the potential of AI and Web3 technologies in real estate , it goes beyond simply revolutionizing how consumers search for homes and take ownership of assets. The stakes in real estate are higher, and the cost of making a mistake is substantial.

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Keller Williams named to yet another profit-sharing lawsuit

Housing Wire

In the past few weeks, seven agents formerly affiliated with Keller Williams — Jerri Moulder, David Bueker, Robert Hill, Kevin Ortiz, Edward Fordyce, Paul Davis, and Penny Alper — took legal action against the real estate brokerage by filing seven separate class-action lawsuits. District Court for the Northern District of Indiana.

Brokerage 443
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Growth of Household Real Estate Market Value Slows in Q2

Eyes on Housing

1 Financial Accounts of the United States, i.e., the Flow of Funds, show that in the second quarter of 2022, growth of the market value of all owner-occupied real estate in the United States slowed after showed the largest year-over-year percentage gain since 2001 the prior quarter. The market value of owner-occupied real.

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

Housing Wire

A full one-third of the compensation paid to non-controlling shareholder real estate CEOs is variable, according to the 2021 RealTrends Brokerage Compensation Report. The RealTrends Brokerage Compensation Report offers a compensation analysis for 12 leadership positions within a real estate brokerage firm.

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Pending home sales were flat in April, but the South is a bright spot

Housing Wire

An index of 100 is equal to the level of contract activity in 2001. The South’s pending home sales activity is similar to that of 2001, but the Midwest’s activity has decreased by 22% in that same period, and the Northeast and West regions are both about 40% lower than they were in 2001.”

Inventory 374
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FDIC finds banks violated RESPA on mortgage brokerage payments

Housing Wire

Examiners found that institutions had violated Section 8 of the Real Estate Settlement Procedures Act (RESPA) and its implementation rule, Regulation X. The CFPB inherited the responsibility to impose statements of policies (SOPs) created by the Department of Housing and Urban Development (HUD) in 1999 and 2001.

Brokerage 388
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Veros acquires appraisal management company Valligent

Housing Wire

The parent company of appraisal software firm Veros Real Estate Solutions has acquired California-based appraisal management company Valligent Technologies. Veros, in business since 2001, provides services for automated valuations, fraud and risk detection, portfolio analysis and forecasting.

Appraisal 408