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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. The following Q&A has been lightly edited for length and clarity.

Training 400
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Rechat CEO Shayan Hamidi on keeping up with the furious pace of AI

Housing Wire

Sarah Wheeler: Let’s talk about your background, because you have both technology and real estate experience. I have founded several startups, but my previous startup in Canada was a tech company in real estate. We were kind of the Zillow of Canada — we were the first platform to open up access to real estate data.

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Still Using a Clipboard and a Tape Measure? Get an Inside Look at Tech-Enabled Valuation Solutions

Appraisal Buzz

Technology will continue to infiltrate the industry – learn about how ProxyPics technology and tools will put you at the forefront of real estate transactions as the GSEs continue to evolve valuation options in the digital age. Luke Tomaszewski: I’m an 18-year veteran of the real-estate valuation industry.

Valuation 370
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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. Culturally speaking it has been super powerful,” Srivatsaa said.

Brokerage 450
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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. But it also drew a bountiful new crop of people into real estate. “I

Business 365
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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. Rising rates slowed the rate-term refinance train in the fourth quarter of last year, according to the CoreLogic report, moving the market toward purchase loans — and increased mortgage-fraud risks.

Mortgage 382