Housing Wire

DECEMBER 26, 2023

Prices Starting at Prelicensing $715 Exam Prep $79 Post-licensing CE $249 Prelicensing Pricing Career Accelerator Career Builder Career Essentials $1079 $795 $715 All Career Builder Features + NC Post-Licensing Package All Career Essentials Features + Business Building Courses Required 75-hr NC prelicensing coursework.

Real Estate 364

Real Estate Real Estate Agent Design Law 364

Housing Wire

MARCH 26, 2024

Hill — have taken legal action against the real estate brokerage by filing three separate class-action lawsuits, Inman first reported on Tuesday. The new policy is supposed to be implemented on or before July 1, 2024. “On This change will not affect agents that retire or leave the real estate brokerage business.

Brokerage 490

Brokerage Legal Agents Realty 490

Housing Wire

JUNE 5, 2024

Andrews also previously worked in business development, sales and marketing roles at Hometown Lenders , Finance of America , Veristone Capital , Yarrow Bay Mortgage and Merit Financial. A portion of the Q1 2024 loss was tied to a January cyberattack that impacted the personal data of nearly 17 million customers. It lost $26.6

Loan Officers 311

Loan Officers Legal Development Mortgage 311

Housing Wire

FEBRUARY 9, 2024

Anywhere is committed to maintaining a high-caliber and diverse Board, and we are confident we will benefit from Joe’s notable business experience. ” Lenz has extensive experience helping companies navigate investments across different capital structures, as well as investor and legal affairs.

Real Estate 385

Real Estate Legal Investing Investors 385

Housing Wire

MAY 6, 2024

mortgage lender in the first quarter of 2024. Summit recently became involved in a legal battle with Movement over an alleged poaching scheme. These groups are bringing a total of 92 mortgage professionals to Fairway. According to Inside Finance Mortgage (IMF) estimates, Fairway ranked as 13th-largest U.S. The lender originated $5.15

Retail 362

Retail Loan Officers Legal Lending 362

Appraisal Today

JUNE 7, 2024

CFPB Crackdown: Unfair Practices Hurting Consumers This includes Appraisal payments to appraisers by AMCs by Josh Tucker, June 5, 2024 Comments must be received on or before August 2, 2024 Excerpts: As we all know many AMCs are not paying Customary & Reasonable fee as required by TILA. NOTE: THE SEARCH WAS NOT WORKING ON JUNE 6.

Appraisal 64

Appraisal Insurance Contracts Business 64

Housing Wire

MARCH 8, 2024

A former top executive at Summit Funding has sued the lender, claiming he was wrongfully terminated after confronting the company’s leadership about allegedly illegal business practices involving its founder and president, Todd Scrima. According to Mitchell, Summit’s goal was to capture Movement’s business or the entire company.

Legal 335

Legal Business Mortgage Retail 335

Housing Wire

APRIL 17, 2024

Nearly half (48%) of a $65 billion portfolio of loans processed during the first quarter of 2024 contained vulnerabilities to wire and title fraud , according to a report released Wednesday by FundingShield. The portfolio of loans examined included residential, commercial investor and business purpose loans.

Insurance 429

Insurance Agents Tools Legal 429

Appraisal Buzz

JUNE 7, 2024

During his tenure at the FTC, he successfully worked to strengthen sanctions against repeat offenders, to reverse the agency’s reliance on no-money, no-fault settlements in fraud cases, and to halt abuses of small businesses. Chopra previously served at the CFPB from 2010-2015.

Contracts 195

Contracts Insurance Legal Business 195

Housing Wire

APRIL 23, 2024

CoStar Group reported a strong first quarter of 2024, with its revenue of $656 million marking a 12% increase from the $584 million figure it posted in first-quarter 2023. Florance expressed confidence in CoStar’s business model, particularly in light of the recent commission lawsuit settlement by the National Association of Realtors.

Real Estate 292

Real Estate Advertising Legal Brokerage 292

GoForrmz

JANUARY 4, 2024

Master the transformative impact of digital forms One key component you may have found in your end-of-year planning is that in 2024, it might be time to find digital solutions to both ease the burden on your existing team, while also finding ways to streamline processes to be more efficient going forward.

Human Resources 78

Human Resources Project Management Legal Business 78

Housing Wire

MAY 3, 2024

RE/MAX executives were not shy about acknowledging the uncertainty that is currently plaguing the real estate industry during the firm’s first-quarter 2024 earnings call with analysts and investors Friday morning. Year over year, RE/MAX’s total agent count in Q1 2024 was down 0.2% million in Q1 2024, compared to a net loss of $0.7

Agents 331

Agents Real Estate Training Buyers 331

Housing Wire

NOVEMBER 8, 2023

Data from the Legal Research Center concluded that all 50 states and Washington, D.C., million Realtors are in the business of streamlining processes to best serve all current and future homeowners across this country,” said Tracy Kasper, president of NAR, in a statement. America’s 1.5

Legal 321

Legal Law Insurance Real Estate 321

Housing Wire

MARCH 12, 2024

Operationally, loanDepot entered 2024 by dealing with a cyberattack that brought its systems down and a forecast for market conditions to improve. According to Martell, the company entered 2024 with a more “durable revenue model built around a strong multi-channel origination business and a low cost, high-quality servicing platform.”

Legal 337

Legal Contracts Marketing Mortgage 337

Housing Wire

APRIL 16, 2024

In January 2024, the court ruled that the two lawsuits could consolidate into one. In their motion to strike the complaint, the defendants claim that the plaintiffs’ proposed damages class is improper because precedent states that no “class action is proper unless all litigants are governed by the same legal rules.”

Real Estate 335

Real Estate Realtors Law Legal 335

Housing Wire

DECEMBER 7, 2023

In the filing, Stewart states that it paid $1.782 million for the first set of the perpetual license before installing ResWare “across virtually the entire business platform.” 24, 2024. After discussion, Qualia decided to extend the termination timeline to July 24, 2024. Adeptive was acquired by Qualia in Dec.

Modernization 346

Modernization Business Contracts Design 346

Housing Wire

APRIL 20, 2023

He was set to hold the role until 2024, the lawsuit says. A spokesperson for Motto said the company is pursuing legal action against UMortgage after the company intentionally sought to impede on Motto’s franchisee contracts. That’s not the only lawsuit on hiring practices that involves UMortgage and its loan officers.

Contracts 354

Contracts Loan Officers Legal Best Value 354

Housing Wire

MAY 8, 2024

“In down markets, the best agents and the best brokerages gain market share,” Reffkin, the CEO of Compass, told investors and analysts during his firms first-quarter 2024 earnings call on Wednesday evening. “We Year over year , Compass gained 26 basis points of market share, bringing its total share of home sales in Q1 2024 to 4.76%.

Agents 366

Agents Brokerage Real Estate Clients 366

Housing Wire

APRIL 24, 2024

million in the first quarter of 2024, the California -based multichannel lender and servicer announced Wednesday. The number of brokers approved to do business with us at quarter end was over 4,000 — up 36% from the same time last year,” Perotti said. Legal troubles with Black Knight contributed to the loss in Q4 2023.

Lending 376

Lending Legal Contracts Mortgage 376

Housing Wire

FEBRUARY 12, 2024

In business for close to two decades, The CE Shop offers real estate exam prep, continuing education, and broker licensing courses, plus programs for prospective mortgage and appraisal professionals. For example, in the 2024 Real Estate Success Builder course, students will learn how to manage their greatest business asset — themselves.

Real Estate 360

Real Estate Agents Design Real Estate Agent 360

Housing Wire

OCTOBER 6, 2023

Final court approval of the settlement is expected in early 2024. Bailey also wrote that RE/MAX agents will “continue to have the freedom to set and/or negotiate commissions as they see fit,” and that the firm will develop educational materials to reflect these business practices. independent regions, and U.S.

Agents 476

Agents Real Estate Buyers Brokerage 476

Housing Wire

MARCH 22, 2024

According to the SEC filing, 50% of the settlement amount will be deposited into the account within 30 days of the court’s preliminary approval of the agreement, which Compass said it expects to be in Q2 2024. The settlement agreements reached by RE/MAX and Anywhere are scheduled to have final court approval hearing in early May, 2024.

Brokerage 410

Brokerage Realtors Agents Clients 410

Housing Wire

MAY 1, 2024

On Wednesday evening, during the firm’s Q1 2024 earnings call with investor and analysts, CEO Rich Barton took a contrary view: Zillow is just beginning to unlock its revenue generating potential. “In We have built a substantial, growing, diverse, EBITDA profitable business, yet we still monetize only a small share of our audience.

Agents 342

Agents Real Estate Contracts Real Estate Agent 342

Housing Wire

FEBRUARY 2, 2024

A legal battle impacted fourth-quarter earnings. The origination business A multichannel lender, Pennymac had a $39.4 Spector said the expectation is for volumes in the market overall to recover in 2024, based on forecasts of interest rate reductions later this year. million, compared to a gain of $92.87

Technology 346

Technology Legal Mortgage Contracts 346

Housing Wire

MARCH 19, 2024

Those firms represent roughly 500,000 of their members, or a third of their membership, and over 50% of the business done.” Nobody else gets those favorable terms,” Hahn wrote in the March 16, 2024, edition of his NotoriousROB email newsletter. “So, But it’s a pretty big loss for the industry as a whole.” Bhonsle said.

Brokerage 410

Brokerage Real Estate Realtors Legal 410

Housing Wire

JANUARY 11, 2024

I think you will agree that our primary focus must be on furthering the business of the association which means we are fully engages on the legal, business and advocacy challenges that are top priority to you and the clients that you serve.” Sears has some political chops.

Realtors 362

Realtors Real Estate Legal Law 362

Housing Wire

DECEMBER 1, 2023

In its email, REBNY said that complaint is “laden with numerous inaccuracies regarding the RLS, the Universal Co-Brokerage Agreement, and the business of real estate.” You can continue to use the RLS, rely on the UCBA, engage clients, and transact business as you normally would,” the email read. The rule goes into effect on Jan.

Real Estate Agent 352

Real Estate Agent Real Estate Agents Brokerage 352

Housing Wire

FEBRUARY 27, 2024

This is important for anyone who wants to understand Black consumers and do business with them. Homeownership in the black community You don’t have to be in the real estate business to know that homeownership is a cornerstone of the American Dream, representing stability, wealth building, and community ties. But it wasn’t enough.

Real Estate 397

Real Estate Investors Business Lending 397

Housing Wire

NOVEMBER 3, 2023

Despite asking their agents to cancel their NAR memberships, Redfin also acknowledged that agents in some areas may need to maintain their membership to continue conducting their business. “In In fact, I’m not even sure that Redfin does not renew its Realtor membership for 2024, because they kind of have to.” In about half the U.S.,

Realtors 403

Realtors Agents Brokerage Contracts 403

Housing Wire

APRIL 23, 2024

In a follow-up interview, Sears told HousingWire that the November approval date will have no impact on the mid-July implementation of the business practice changes outlined in the settlement agreement. Sears announced that the plaintiffs have asked for a final approval hearing for the settlement on Nov.

Realtors 337

Realtors Brokerage Agents Real Estate 337

Housing Wire

MAY 1, 2024

First up on the calendar is May 9, 2024 , the date of the final approval hearing for the settlement agreements reached by Anywhere , RE/MAX and Keller Williams. 26, 2024, while a spokesperson for HomeServices of America said the firm “expects a final approval hearing scheduled between late November and December” of this year.

Realtors 330

Realtors Real Estate Agent Real Estate Brokerage 330

Housing Wire

JUNE 10, 2024

But according to the briefing schedule, they must file an appellate brief by July 24, 2024. Additionally, the settling parties are not required to implement the business practice changes they agreed to in the settlements until after the appeals process, at which point the settlements will become effective.

Sellers 257

Sellers Real Estate Agents Realtors 257

Housing Wire

APRIL 22, 2024

Photo Credit: AJ Canaria) Between inflation , an uncertain interest rate environment and legal challenges , the real estate industry is facing unprecedented challenges. Scott Wright and Steve Murray of RealTrends Consulting. My advice is to start simple. “So, So, just don’t over commit.” You need to start with the end in mind,” Walsh said.

Brokerage 349

Brokerage Real Estate Agents Sellers 349

Housing Wire

DECEMBER 27, 2023

Despite these warnings, the plaintiffs state that many agents declined to switch as Aligned Showings is “an inferior product.” 30, 2023, ARMLS is no longer supporting the integration for the ShowingTime platform. ShowingTime said it was informed of this decision on Oct. Metro MLS will also end its ShowingTime integration in Feb.

Real Estate 488

Real Estate Agents Real Estate Agent Sellers 488

Appraisal Today

JANUARY 5, 2024

Five USPAP Myths Dispelled in 2024 USPAP By Daniel A. Bradley, SRA, CDEI, McKissock Learning On May 5, 2023, the Appraisal Standards Board (ASB) voted to adopt changes to the Uniform Standards of Professional Appraisal Practice (USPAP), which will become effective January 1, 2024. – Set up your Google business profile.

Appraisal 75

Appraisal Contracts Legal Business 75

Housing Wire

MARCH 15, 2024

NAR said that the changes , if approved by the court, will go into effect in mid-July 2024. NEXA has always been focused on purchase loans , which means some of its LOs do significant business with buyers’ agents. Kortas believes that good buy-side agents will remain highly relevant and garner more business as competitors wash out.

Buyers 498

Buyers Agents Mortgage Real Estate Agent 498

Housing Wire

FEBRUARY 1, 2024

A final approval hearing for the two settlements has been set for May 9, 2024. “We came to the decision to settle with careful consideration for the immediate and long-term well-being of our agents, our franchisees, and the business models they depend on.

Agents 464

Agents Realtors Real Estate Agent Real Estate 464