Housing Wire

JANUARY 12, 2024

Guaranteed Rate has introduced a new feature that allows sellers working with a G-Rate loan officer to pay a fee that locks in a permanently discounted mortgage rate for a buyer. But with RateReduce Sell, sellers will be able secure a lower rate by buying down points permanently.

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Sellers Real Estate Agent Loan Officers Mortgage 426

Housing Wire

APRIL 22, 2024

Check out these nine downloadable real estate prospecting letter templates to help you make an impression in your neighborhood or zip code. My name is (your name), and I’m a licensed real estate professional with (your brokerage). Access to a hyper-local agent is more important now than ever. Great news!

Real Estate 379

Real Estate Open Houses Brokerage Real Estate Agent 379

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. Magazine ’s 5000 list for 2023, a ranking of the fastest-growing companies in the U.S. 188), and Keeton & Co Real Estate (No. The self-reported list ranks U.S.

Brokerage 370

Brokerage Real Estate Realty Real Estate Agent 370

Housing Wire

JANUARY 2, 2024

For many real estate professionals, 2023 was the year of the commission lawsuit , and the year could not end without one last copycat suit. 2023, Umpa is a resident of Maryland and the lawsuit is in regards to the sale of two homes, one in Maryland and one in Ohio.

Sellers 409

Sellers Brokerage Real Estate Realtors 409

Housing Wire

NOVEMBER 29, 2023

In the ever-competitive real estate market, creating a consistent flow of real estate buyer leads is strategy for success. Extending a broad (but strategic) net is part of knowing how to generate buyer leads in real estate. Of course, you can’t do everything — but consistency is important.

Real Estate 397

Real Estate Buyers Tools Real Estate Agent 397

Housing Wire

FEBRUARY 28, 2024

Top 10 mortgage lender and servicer Newrez is partnering with Newzip , a tech-enabled real estate platform, to roll out a program aimed to save buyers and sellers on credit costs. Dubbed Newrez Home Rewards, buyers will be matched with a real estate agent who works with Newzip and provided booking services.

Real Estate Agent 409

Real Estate Agent Real Estate Agents Loan Officers 409

Housing Wire

MAY 14, 2024

Louis-based Clever Real Estate found that recent homebuyers, as well as people who are considering a home purchase in the next year, are experiencing a laundry list of difficulties. Last month, Clever surveyed a total of 920 Americans about their views of the home purchase process and real estate agents.

Real Estate Agent 466

Real Estate Agent Agents Real Estate Buyers 466

Housing Wire

DECEMBER 7, 2023

As the real estate market continues to grapple with high interest rates and low inventory, agents entering the market are looking for affordable client relationship management (CRM) tools that offer a cost-effective means to automate and manage client interactions.

Real Estate 408

Real Estate Real Estate Agent Tools Agents 408

Housing Wire

JANUARY 22, 2024

The real estate industry is facing one less copycat commission lawsuit. District Court in New York against the Real Estate Board of New York and several brokerages, according to court filings. According to Friedman’s initial complaint, this artificially inflated real estate agent commissions.

Real Estate Agent 415

Real Estate Agent Real Estate Agents Sellers 415

Housing Wire

MARCH 28, 2024

In November 2023, Wood indicated that the trial would take place in the fourth quarter of 2024 , but the status report findings appear to change the timeline. The suit obtained class certification in March 2023. The class encompasses home sellers across 20 local MLSs. The firm also still has a writ of certiorari with the U.S.

Real Estate Agent 378

Real Estate Agent Realtors Real Estate Sellers 378

Housing Wire

NOVEMBER 30, 2023

If you’re looking for the best real estate schools in Illinois to complete the required 75 hours of class time you’ll need to get a broker’s license, we’re here to help. In Illinois, real estate agents are called brokers. When you buy through our links, we may earn a commission. out of 5.

Real Estate 413

Real Estate Realtors Real Estate Agent Law 413

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. 15 in the state of Wisconsin by transaction sides, according to the RealTrends 2023 America’s Best list. “As

Real Estate Agent 409

Real Estate Agent Real Estate Realty Technology 409

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 411

Real Estate Agent Real Estate Sellers Buyers 411

Housing Wire

OCTOBER 13, 2023

Berg told ALTA One attendees that they should be particularly wary of escrow account “shenanigans” and that they need to keep tabs on how builders and real estate agents are shifting funds around through escrow accounts. You as title agents really do sit in the center of this storm,” Adams said.

Real Estate Agent 429

Real Estate Agent Real Estate Agents Sellers 429

Housing Wire

JANUARY 10, 2024

The 2023 holiday return window is still ongoing.) In the world of real estate , transactions are not merely about properties but also the people behind them. Rethinking branded gifts One common practice in the real estate industry is gifting branded items like Cutco knives to home buyers and sellers.

Real Estate 365

Real Estate Clients Retail Client Relationships 365

Housing Wire

OCTOBER 7, 2020

August’s HPSI survey revealed both a confident seller’s and buyer’s market, however, Fannie Mae reported September buyers showing more hesitancy. Despite real estate agents reporting record numbers, buyer morale fell 5% with 54% of respondents saying it is a good time to buy a home. Presented by: NAMB. As of Oct.

Sellers 537

Sellers Real Estate Agent Buyers Design 537

Housing Wire

JANUARY 9, 2024

District Court in Arizona, Joseph Masiello, an Arizona resident and home seller, accuses several real estate companies of colluding to artificially inflate real estate agent commissions. According to the filing, Masiello was “required to pay a 2% commission ($8,200) to the seller broker and a 2.5%

Realty 466

Realty Realtors Real Estate Real Estate Agent 466

Housing Wire

APRIL 12, 2023

Industry players are largely pessimistic about the economic climate and expect interest rates to trend up in the near term future, according to the HousingWire Q2 2023 LenderPulse survey. In a high-rate environment, lenders call the temporary rate buydown a win-win strategy for both sellers and buyers when used appropriately.

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Mortgage Marketing Loan Officers Real Estate Agent 343

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.

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Sellers Agents Real Estate Agent Real Estate 78

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 373

Brokerage Real Estate Agent Real Estate Clients 373

Housing Wire

JANUARY 12, 2024

In the third quarter of 2023, 88.5% To conduct this study , Redfin analyzed data from the Federal Housing Finance Agency ’s National Mortgage Database as of the third quarter of 2023. But a lot of sellers are worried about finding their next house because even though listings are rising, there’s still a housing shortage.

Real Estate Agent 473

Real Estate Agent Sellers Inventory Mortgage 473

Housing Wire

NOVEMBER 8, 2023

The Missouri judge who oversaw the landmark Sitzer/Burnett real estate commission lawsuit will also preside over the Gibson lawsuit brought by Michael Ketchmark, who represented the plaintiffs in Sitzer/Burnett. Redfin was likely named because its salaried agents offer standard commission rates to buyer brokers.

Real Estate 424

Real Estate Sellers Realtors Real Estate Agent 424

Housing Wire

AUGUST 2, 2023

Zillow outperformed the broader industry for the fourth consecutive quarter as we navigate a tough real estate market,” said Zillow cofounder and CEO Rich Barton on the firm’s second-quarter earnings call Wednesday evening. Barton also touched on its fabled “ housing super app.” Aryeo will become a part of ShowingTime+.

Agents 366

Agents Finance Sellers Housing Market 366

Housing Wire

DECEMBER 27, 2023

The complaint alleges that the defendants are “unlawfully attempting to monopolize the market for real estate showing management services in the geographic regions they control and from unlawfully conspiring to exclude or severely limit ShowingTime, their competitor in those markets.” Zillow Group acquired ShowingTime in 2021.

Real Estate 496

Real Estate Agents Real Estate Agent Sellers 496

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

JANUARY 11, 2024

In the lead up to the Sitzer/Burnett real estate commission trial , the National Association of Realtors expected to prevail. “I There was industry-wide shock when the Missouri jury found NAR, Keller Williams and HomeServices of America liable for colluding to artificially inflate real estate agent commissions.

Real Estate Agent 440

Real Estate Agent Real Estate Buyers Agents 440

Housing Wire

JANUARY 17, 2023

plans to invest in tech, reduce vendor costs and focus on realtor partners in 2023. A subsidiary of HomeServices of America and owner of about 40 real estate brands across the country, the lender’s success is tied to its affiliated real estate brokerages’ business.

Mortgage 382

Mortgage Real Estate Real Estate Agent Realtors 382

Housing Wire

MAY 8, 2024

Robert Reffkin is confident that Compass and its agents have what it takes to continue growing and succeeding in the changing real estate environment. “In million net loss reported in Q1 2023. million, compared to Q1 2023’s free cash-flow loss of $59 million. That is an improvement over its $150.2

Agents 380

Agents Brokerage Real Estate Clients 380

Housing Wire

APRIL 1, 2024

We do see this as a new asset class in the real estate ecosystem and we see it as complementary to traditional debt options that exist today,” Burnett said. Affordability has always been a challenge,” said Ashkán Zandieh, managing partner and industry chair at the Center for Real Estate Technology and Innovation. “In

Finance 414

Finance Investing Real Estate Agent Real Estate 414

Housing Wire

JANUARY 25, 2024

If you’re a new broker or team leader you might not realize just how competitive recruiting was in 2023. The data are sobering: The Agent Movement Index , the number of experienced Realtors switching brokerages each month, was at its lowest level since 2016. Their company culture was a better fit for me.

Real Estate Agent 407

Real Estate Agent Real Estate Agents Brokerage 407

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 in 2023, smaller than its $457.6 loanDepot recorded a non-GAAP adjusted net loss of $142.4 million loss in 2022. Judge Stephen R.

Mortgage 308

Mortgage Real Estate Agent Real Estate Renovations 308

Housing Wire

FEBRUARY 9, 2024

Dan Levy and Heidi Gardner are two incredible talents, and they are clearly in tune with the way America looks at real estate online,” Florance said. In September 2023, Homes.com recorded more than 100 million unique monthly visitors , a 1,290% year-over-year increase, according to the firm. We’ve climbed from No. 5 or 6 to No.

Marketing 437

Marketing Advertising Real Estate Real Estate Agent 437

Housing Wire

MAY 1, 2024

While Zillow’s net loss of $23 million for the quarter, which was up from its net loss of $22 million in Q1 2023, did not necessarily reflect Barton’s confidence, the firm’s 13% annual increase in revenue to $529 million did. million real estate license holders, many handle only one or two transactions a year.

Agents 379

Agents Real Estate Contracts Real Estate Agent 379

Housing Wire

FEBRUARY 27, 2024

At the 2024 Keller Williams Family Reunion event in Las Vegas, co-founder and executive chairman Gary Keller took the stage on Tuesday and spoke to a room full of real estate agents about the importance of buyer agency agreements within the context of the ongoing antitrust lawsuits.

Buyers 418

Buyers Agents Real Estate Agent Clients 418

Housing Wire

JANUARY 8, 2024

A bevy of copycat commission lawsuit plaintiffs are looking to consolidate their nine suits in Missouri under Judge Stephen Bough, who over saw the Sitzer/Burnett commission lawsuit trial in October 2023. 31, 2023, and Dec. In a filing dated Dec.

Real Estate 354

Real Estate Realty Real Estate Agent Legal 354

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 431

Sellers Buyers Real Estate Contracts 431

Housing Wire

JANUARY 29, 2024

In an amended complaint filed on Friday, home sellers Danielle and Jessie Kay (who sold a house in Baden, Pennsylvania, in December 2021 with the help of an agent from Realty One Group Gold Standard ) were added as a plaintiff. The Kays join John and Nancy Moratis in the suit that was originally filed in early December 2023 in the U.S.

Brokerage 347

Brokerage Realty Real Estate Real Estate Agent 347