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Logan Mohtashami unpacks the slow train wreck that’s been happening in housing inventory

Housing Wire

HW+ Member: What’s the number one question you are getting from the real estate agent community on the economy and housing market? Logan Mohtashami: Regarding inventory, we had a slow train wreck happening for years, and I can explain in more detail. This Q&A was originally hosted on June 1st.

Training 415
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Knock reverses course on loan officer pay cut

Housing Wire

The revised plan would appear similar to the scrapped pay reduction in one respect – a focus on repeat business from Knock’s network of real estate agents. Founded in 2014 by Black, a founding member of real estate listings site Trulia , Knock helps consumers bid on a new home by fronting a cash offer.

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The Real Brokerage looks to build on 2023’s explosive growth

Housing Wire

We have this idea that we call ‘One Real,’ which is that there are no silos, and it creates an even collaboration field.” According to Srivatsaa, this means that trainings and resources brought in by one team leader or broker are available to all agents at the firm. It has also fostered collaboration, Srivatsaa said.

Brokerage 458
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Inside Redfin’s unique, brave and vulnerable business model

Housing Wire

Alipour gushed about Redfin’s training program, and she accessed maternity leave benefits other agents lack. But what makes Redfin different – what makes it radically, transformatively different – is that it classifies real estate agents as employees. Redfin was an amazing place to start my real estate career.

Business 367
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Risk of mortgage fraud is on the rise in the current market

Housing Wire

Eric Hill, an Atlanta real estate agent representing a nationwide homebuilder, had a plan to help more than 100 homebuyers get mortgages. In the specific area of mortgage fraud, however, SARs filings have trended downward at depository institutions, from a high of 35,258 filings in 2014 to 8,805 filings in 2021.

Mortgage 390
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Free Episode: Winners Table Live Featuring Chastin Miles

McKissock

The Winners Table is a series in which a host interviews top real estate agents about hot topics in the industry. This week, join host Jeremias “JMan” Maneiro as he talks to Dallas, Texas real estate agent, coach and entrepreneur, Chastin Miles. About the host.

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The ‘double-edged sword’ of dual licensing

Housing Wire

The company recently launched a mortgage brokerage firm that offers a plug-and-play program for real estate agents to become mortgage loan officers, a practice called dual licensing. of the loan amount, with a $5,000 cap, which adds to the typical buyer-side agent commission of up to 3%. according to the company.