Housing Wire

JANUARY 10, 2023

of home sellers gave concessions to homebuyers in Q4 of 2022, through money for repairs and mortgage-rate buydowns. In Q3 of 2022 and Q4 of 2021, sellers gave concessions in 30% of home sales. Sellers realize they’re not going to get $80,000 over the asking price like their neighbor did last year,” he added.

Sellers 482

Sellers Real Estate Agent Buyers Mortgage 482

Housing Wire

FEBRUARY 6, 2024

Even as the housing market slowed in 2022 and 2023, the fraudulent activity of bad actors did not let up. home buyers and sellers it survey were targeted with suspicious or potentially fraudulent activities, while 10% were targeted for real estate fraud and 5% suffered losses during their real estate transaction due to fraudster.

Real Estate Agent 427

Real Estate Agent Real Estate Sellers Buyers 427

Housing Wire

MAY 26, 2023

The threat posed by wire fraud has commanded quite a bit of attention from the real estate ecosystem. Secret Service , notified the title industry of a rise in what is known as vacant lot fraud, or seller impersonation fraud. Then, posing as the property owner, the scammer contacts a real estate agent to list the property.

Sellers 387

Sellers Real Estate Realtors Real Estate Agent 387

Housing Wire

AUGUST 18, 2023

The slower housing market and uncertain economic conditions took their toll on the number of real estate brokerages and firms that were named to Inc. Last year , over 60 real estate brokerage firms or real estate teams made the list, but this number shrank to just 36 in 2023. They must be U.S.-based,

Brokerage 369

Brokerage Real Estate Realty Real Estate Agent 369

Housing Wire

NOVEMBER 28, 2023

The Husky Homes real estate team, led by Alison Crim, has joined Compass , the company announced on Tuesday. The team specializes in buyer and seller representation as well as new construction. In 2022, the Husky Homes team closed 121 transactions and more than $48.4 million in sales volume. It even ranked No.

Real Estate Agent 434

Real Estate Agent Real Estate Realty Technology 434

Housing Wire

MARCH 18, 2024

Roomvu , a Canadian-based video marketing platform for residential real estate agents, is partnering with Leading Real Estate Companies of the World (LeadingRE) and Realty One to mark Roomvu’s expansion into the U.S. expansion comes after Roomvu’s successful launch in Canada in 2022.

Marketing 403

Marketing Real Estate Real Estate Agent Realtors 403

Housing Wire

DECEMBER 27, 2022

Marty Green thinks of the housing market in 2022 as two very different movies. But the housing market in the second half of 2022? The Big Chill” or “Frozen,” says Green, principal at real estate law firm Polunsky Beitel Green. Homeowners in 2022 also tapped into their home equity, which peaked at $11.5

Housing Market 513

Housing Market Marketing Real Estate Agent Real Estate 513

Housing Wire

OCTOBER 26, 2023

Real estate conglomerate Anywhere is teaming up with Offerpad to expand the iBuyer ‘s services nationwide, according to an announcement on Thursday. ” Through the partnership, agents and brokers in the Leads Network will be connected with Offerpad customers who are outside of the iBuyer’s current markets.

Real Estate Agent 400

Real Estate Agent Real Estate Sellers Agents 400

Housing Wire

JANUARY 16, 2024

The latest copycat commission lawsuit alleges that real estate industry players in Nevada have colluded to artificially inflate real estate agent commissions. District Court in Las Vegas by Nathaniel Whaley, who sold a home in Las Vegas in April 2022 and paid a buyer broker commission.

Realtors 455

Realtors Real Estate Agent Real Estate Sellers 455

Housing Wire

OCTOBER 27, 2023

Class action attorneys allege real estate commission rates are too high and buyer brokers are being paid too much due to NAR rules. That requires real estate professionals to cooperate with each other by sharing pertinent information with competitors regarding the home and about the terms of a potential transaction.

Real Estate Agent 487

Real Estate Agent Real Estate Realtors Buyers 487

Housing Wire

JANUARY 10, 2024

The National Retail Federation found that during the 2022 holiday season, retailers saw 17.9% In the world of real estate , transactions are not merely about properties but also the people behind them. By incorporating the principles of Giftology , real estate professionals can enhance the overall client experience.

Real Estate 377

Real Estate Clients Retail Client Relationships 377

Housing Wire

AUGUST 25, 2022

“By leveraging innovative digital technology and the company’s industry-leading public records data, the PRISM platform delivers a more efficient, more convenient real estate transaction experience for our title agents and the lenders, real estate agents, buyers and sellers they serve.”.

Agents 388

Agents Real Estate Agent Real Estate Sellers 388

Housing Wire

SEPTEMBER 12, 2023

Yakima Valley, Washington-based The Real Estate Collective , is RE/MAX’s latest franchise, according to an announcement on Tuesday. The new firm is owned by Haley Larson, who joined RE/MAX with her 17 agents. In 2022, Larson’s agents achieved $55 million in sales volume, according to the release. “I

Brokerage 418

Brokerage Real Estate Agent Real Estate Agents 418

Mashvisor

APRIL 29, 2022

Before anyone decides to pursue a career as a real estate agent in 2022, one question lingers in their mind: how much do real estate agents make? Table of Contents…

Real Estate Agent 68

Real Estate Agent Real Estate Agents Sellers 68

Housing Wire

APRIL 8, 2024

In the release, Real noted that it does not foresee the settlement having a material impact on its future operations. In settling this lawsuit, Real joins Compass , the National Association of Realtors , Anywhere , Keller Williams and RE/MAX in settling the commission lawsuits. The Real Brokerage closed $14.4

Brokerage 377

Brokerage Real Estate Agent Real Estate Clients 377

Housing Wire

JANUARY 17, 2024

Did you know that in 2022, both younger and older Baby Boomers made up the largest generation of American homebuyers? 1 With over 12,000 Americans turning 65 every day in 2024, this burgeoning market will undoubtedly continue to bring more buyers and sellers to the table over the next decade. What is reverse purchase financing?

Finance 467

Finance Real Estate Agent Real Estate Insurance 467

Housing Wire

NOVEMBER 15, 2023

Borrowers with temporary rate buydowns funded by a seller, builder or lender pay a lower mortgage rate during the initial period of their loans, and the borrower’s reduced monthly payments are subsidized with money deposited into an escrow account.

Appraisal 428

Appraisal Real Estate Agent Sellers Government 428

Empire Appraisal Group

FEBRUARY 29, 2024

Lusky, DigitalVision, Getty Images Source: [link] FSBO Sellers Regret Not Having an Agent By Melissa Dittmann Tracey Survey: Sellers who go-it alone are twice as likely to be unsatisfied with the experience – and more likely to say their earlier opinion, “agents are overpaid,” was wrong.

Sellers 78

Sellers Agents Real Estate Agent Real Estate 78

Housing Wire

APRIL 23, 2024

That’s kind of evaporated,” Martell said on Tuesday morning in a session during The Gathering , HousingWire’s real estate and mortgage conference held in Scottsdale, Arizona. million loss in 2022. . “On the cost side, obviously, we’re tightening our belts,” Martell said. Judge Stephen R.

Mortgage 327

Mortgage Real Estate Agent Real Estate Renovations 327

Housing Wire

MAY 3, 2023

On Friday afternoon, my real estate agent called with good news. The agent wished me well and said that she would appreciate a review on her website. What’s especially interesting is that unlike average or low-performing agents, top-performing agents simply don’t lower their commission rates very often. “I

Agents 429

Agents Real Estate Agent Brokerage Real Estate 429

Housing Wire

APRIL 12, 2023

Among those targets were a Memphis-based real estate company and a title company in Washington state that combined were swindled out of more than $200,000 through the scam. The victims targeted can be lenders, real estate agents, title companies and other escrow agents, attorneys as well as homebuyers and sellers.

Real Estate 381

Real Estate Government Technology Real Estate Agent 381

Housing Wire

JANUARY 12, 2024

in mid-2022. For repeat buyers and first-time buyers who entered the market in 2022, the average mortgage rate was above 6%. The lock-in effect is still real but listings are starting to tick up Declining mortgage rates appear to have helped the inventory situation somewhat. In the third quarter of 2023, 88.5% from a year ago.

Real Estate Agent 491

Real Estate Agent Sellers Inventory Mortgage 491

DW Slater Company

FEBRUARY 13, 2024

Love in Real Estate I’m I wrote this blog – 4 Things I Love About Being a Real Estate Appraiser- 10 years ago! Mortgage interest rates dipped to historic lows around 3% in 2020 and 2021 then made big jumps in 2022, peaking at close to 8% in November of 2023. So much has changed since that time!

Real Estate 146

Real Estate Appraisal Valuation Real Estate Agent 146

Housing Wire

FEBRUARY 16, 2024

The Department of Justice (DOJ) is asking the real estate industry to consider a world without the practice of cooperative compensation. The modified rule still gives sellers and their listing brokers a role in setting compensation for buyers’ brokers,” the filing states.

Sellers 459

Sellers Buyers Real Estate Contracts 459

Housing Wire

NOVEMBER 8, 2023

Another day and another class-action antitrust commission lawsuit accusing the real estate industry of colluding to inflate real estate agent commissions has been filed. But this latest one comes with a twist — it was filed by homebuyers, unlike the others filed by home sellers.

Real Estate 458

Real Estate Realtors Sellers Agents 458

Housing Wire

SEPTEMBER 15, 2023

in August 2022 and marks the highest percentage since October 2022, when mortgage rates surpassed 7% for the first time in two decades. I’ve seen more homebuyers cancel deals in the last six months than I’ve seen at any point during my 24 years of working in real estate. That rate is up from 14.3% The median U.S.

Buyers 438

Buyers Mortgage New Listings Real Estate Agent 438

Housing Wire

OCTOBER 28, 2022

One of the biggest benefits of social media for real estate agents and mortgage brokers is the ability to highlight your success stories to connect with clients. To go back to the full HousingWire Annual 2022 on demand page, go here. Watch the full session below.

Real Estate Agent 376

Real Estate Agent Development Agents Real Estate 376

Housing Wire

APRIL 3, 2023

Rocket Mortgage is throwing a big incentive at spring homebuyers, offering them up to $10,000 in closing cost credits if they work with a real estate agent through its affiliate, Rocket Homes. of their loan amount to put toward closing costs, helping defray upfront costs.

Agents 415

Agents Buyers Real Estate Agent Mortgage 415

Housing Wire

MAY 1, 2024

When HomeServices of America reached a nationwide settlement agreement last week in the commission lawsuits filed by home sellers, it became the final defendant in the two original commission cases, Sitzer/Burnett and Moehrl, to do so. Although the settlement agreements are still awaiting final approval from Judge Stephen R.

Realtors 379

Realtors Real Estate Agent Real Estate Brokerage 379

Housing Wire

MARCH 13, 2024

As recently as five years ago, homeowners insurance was certainly not top of mind for most homebuyers and their real estate agents , but the rapidly rising cost of insurance premiums is changing that. That just shows you how impactful the cost of insurance is in the real estate market.”

Real Estate Agent 467

Real Estate Agent Insurance Real Estate Agents 467

Housing Wire

NOVEMBER 2, 2022

The housing industry, from servicers to real estate agents and more, will feel the impacts of this year’s hurricane season far beyond 2022. 16, 2022, according to FEMA. Many states do have sellers disclosure laws. Beyond that, there are more questions than answers regarding the future of the program.

Real Estate Agent 380

Real Estate Agent Insurance Mortgage Real Estate 380

Housing Wire

AUGUST 21, 2023

Just days after awarding Zillow and National Association of Realtors (NAR) a major victory in their legal battle against REX Real Estate , the court made it clear that Zillow’s fight is far from over. It is literally false not to characterize REX’s listings as ‘Agent Listings.’

Advertising 355

Advertising Real Estate Agent Real Estate Agents 355

Housing Wire

MARCH 27, 2024

Listings jumped at both the state and city levels in 2021 and 2022. Herron Real Estate exploded from two listings in 2019 to 417 in 2023; Momentum Realty grew from 12 listings to 612 over the same period. DR Horton, the country’s largest homebuilder, stayed in the top 10 every year – ranking 4th in 2021 and 2022.

Brokerage 437

Brokerage Realty Real Estate Inventory 437

Appraisal Buzz

APRIL 1, 2024

That’s the largest annual increase in percentage terms since April 2022, the firm says. Homebuyers are doing whatever they can to pull together a large down payment in order to lower their monthly payments moving forward,” says Rachel Riva, a Redfin real estate agent in Miami. I had one client who put down 40 percent.”

Real Estate Agent 195

Real Estate Agent Investors Buyers Real Estate 195

Housing Wire

SEPTEMBER 7, 2023

For most real estate agents, working with a reliable lending partner is essential to a smooth and successful transaction. That partnership is everything,” Amy Breach, a Seattle-based Keller Williams agent, told HousingWire in late 2022. Anywhere Real Estate just settled two of the cases for a total of $83.5

Buyers 410

Buyers Agents Loan Officers Real Estate 410

Housing Wire

DECEMBER 28, 2021

This article is part of our HousingWire 2022 forecast series. After the series wraps early next year, join us on February 8 for the HW+ Virtual 2022 Forecast Event. By the fall, real estate agents in Boise, Idaho were passing around a video they didn’t like but couldn’t resist watching. on pace for 6.29

Real Estate 476

Real Estate Realty Brokerage Realtors 476

Housing Wire

MARCH 1, 2022

This brings me to a trend in the 2022 Tech100 nominations that was more prominent than any year I can remember — an emphasis on technology enabling headcount efficiency and cost reduction. This isn’t a new story in mortgage lending or real estate brokerage. Real estate is local. No surprise here. We must innovate.

Real Estate 354

Real Estate Brokerage Real Estate Agent Technology 354