Housing Wire

OCTOBER 13, 2023

Without revealing any confidential details, for example, Compass is using mostly its own equity rather than cash to deliver value to the sellers. Certainly, the expectations of brokerage firms did not change in terms of the multiple of EBITDA upon which valuations are based. This remains the most active part of the market.

Real Estate 376

Real Estate Brokerage Valuation Sellers 376

Housing Wire

SEPTEMBER 13, 2023

RTC Consulting has continued to see the same level of valuation work in the past 12 months as we saw in each of the proceeding years. While not all these valuations are for the purpose of a merger or acquisition, many are. In fact, the level of in-market combinations has not declined much at all.

Real Estate 317

Real Estate Valuation Brokerage Property Management 317

Housing Wire

OCTOBER 12, 2023

When we go through the brokerage valuation process, the product is Fair Market Value (FMV). This is essentially the home price that a willing homebuyer would pay a seller. First and foremost, it is important to understand that in brokerage M&A there is virtually no such thing as an all-cash-at-close deal.

Sellers 383

Sellers Buyers Brokerage Agents 383

Housing Wire

APRIL 22, 2024

My name is (your name), and I’m a licensed real estate professional with (your brokerage). Always include your contact information and a call to action, such as an offer for a free home valuation. For letters, use the template below: Dear (first name), I’m (your name), a real estate professional with (brokerage). Great news!

Real Estate 351

Real Estate Open Houses Brokerage Real Estate Agent 351

Housing Wire

JANUARY 23, 2024

Cooper Group , Xome is a real estate marketplace that serves mortgage servicers, originators, real estate professionals, financial institutions and homebuyers and sellers. As a licensed brokerage , it operates in all 50 states, and its real estate database is powered mostly by MLS-listed homes in the U.S.

Real Estate 384

Real Estate Technology Brokerage Valuation 384

Housing Wire

JULY 17, 2023

The world of real estate brokerage mergers and acquisitions has been turned on its head in the past 12 months. Buyers and sellers alike must learn to navigate these uncharted waters. Lower multiples Most of us still remember hearing the stories about the large companies gobbling up brokerages at six times EBITDA, or even more.

Real Estate 337

Real Estate Buyers Sellers Brokerage 337

Housing Wire

JANUARY 16, 2024

They also testified to the importance and value of the MLS as a core service that agents provide to sellers and buyers. They entered into listing agreements with seller agents and agreed to the terms of those agreements without being under any duress to do so. This evidence was not allowed to be presented to the jury. It does happen.

Agents 350

Agents Law Sellers Legal 350

Housing Wire

FEBRUARY 28, 2021

Many real estate professionals discount the seller lead. But real estate seller leads are important because they represent commodities for brokers. By using this data, Buyside helps brokers generate and capture seller leads. Real estate brokers need to be able to target these clients effectively, so they can close deals quickly.

Real Estate 410

Real Estate Brokerage Valuation Clients 410

Housing Wire

MAY 6, 2021

OWN Marin, a veteran team of five agents, announced last week that they switched from the New York-headquartered brokerage to the San Francisco-based outfit. The brokerage, which declined comment, has hundreds of agents in Marin County – which lies just north of San Francisco County – and is the no. billion in VC cash.

Brokerage 370

Brokerage Agents Legal Valuation 370

Housing Wire

FEBRUARY 27, 2024

If you’re an agent, team or brokerage looking to keep a pipeline of qualified listing leads coming your way, SmartZip may the solution you need. SmartZip uses predictive analytics to pinpoint likely sellers from 6 to 18 months in advance, offering a huge advantage in today’s low inventory market. Automated marketing: Yes.

Advertising 372

Advertising Real Estate Tools Sellers 372

Housing Wire

DECEMBER 6, 2023

Notable features Salesforce-based CRM integration Lead capture tools with email collection Lead scoring tool for prioritizing clients Market Leader Starting at $139 per month Visit Website Who it’s for Market Leader is ideal for agents and brokerages aiming to enhance their lead generation and client management through a streamlined platform.

Real Estate 374

Real Estate Agents Real Estate Agent Tools 374

Housing Wire

NOVEMBER 3, 2023

Once they are in, consumers can receive listing alerts and market activity alerts, or can tap into resources such as home valuation reports. In October , RealScout launched RealScout Pro+ with new seller lead nurture features. In October , RealScout launched RealScout Pro+ with new seller lead nurture features.

Real Estate 369

Real Estate Real Estate Agent Valuation Agents 369

Housing Wire

JUNE 16, 2022

despite a challenging mortgage market in which real estate brokerages are laying off staff. The total funding, since the startup’s launch in 2012, is about $645 million and its valuation is at roughly $1.7 The acquisition and funding comes as numerous real estate brokerages are issuing pink slips and halting expansion plans.

Brokerage 319

Brokerage Real Estate Lending Clients 319

Housing Wire

JANUARY 14, 2022

HomeSmart is a growing real estate brokerage that may go public, but the company faces questions about its business model and the compensation of founder and CEO Matt Widdows. HomeSmart has yet to give itself a valuation or declare how much money it seeks to raise in a public offering. million net loss, according to the filing.

Brokerage 401

Brokerage Agents Real Estate Loan Officers 401

Housing Wire

MARCH 18, 2022

After all, iBuying companies Opendoor , Redfin and formerly Zillow are predicated on home sellers eschewing a listing agent and selling their home to the company. Redfin’s agent division is separate from its iBuying arm, Redfin Now , and prospective sellers tend to first choose one service, or the other. It’s a zero-sum economy, right?

Agents 386

Agents Real Estate Agent Real Estate Sellers 386

Housing Wire

APRIL 1, 2024

However, during the company’s valuation process, when financial professionals reviewed its books, discoveries of aviation purchases led him to confront Kortas, resulting in his termination as president of NEXA, Grella added. NEXA’s businesses America’s largest mortgage brokerage, NEXA originated $6.29

Brokerage 351

Brokerage Business Loan Officers Legal 351

Housing Wire

JULY 9, 2021

So much of life radiates from both the location and the valuation of the house a family occupies. So too does trust — usually manifested in the relationship between a buyer/seller and a real estate agent. As mentioned, much is determined by the location and valuation of houses. Of these, one stands tall: valuation.

Real Estate 442

Real Estate Business Valuation Technology 442

Simonson Real Estate

SEPTEMBER 25, 2020

Topics have centered around appraisals and valuation concerns in the current market environment. Commercial Real Estate Appraisal and Valuation in the Time of Covid-19: What Is the New Normal? As buyer expectations decrease, seller prices will also have to decrease if “normalized” real estate sales volumes are ever to be reached.

Valuation 130

Valuation Appraisal Marketing Real Estate 130

Housing Wire

JANUARY 12, 2024

The best real estate CRM solution is the one that will manage your client interactions, increase the number of touchpoints with each client, and convert leads seamlessly into buyers and sellers. Below, we take a deep dive into the best real estate CRM solutions for solo agents, teams and brokerages.

Real Estate 421

Real Estate Real Estate Agent Tools Agents 421

Housing Wire

JANUARY 10, 2024

The company provides robust marketing and nurturing tools, including a CRM with lead data, home valuation landing pages, direct mail campaigns, a comparative market analysis tool and more. SmartZip primarily benefits experienced listing agents, yet any agent willing to nurture seller leads can thrive with this platform.

Real Estate 341

Real Estate Real Estate Agent Tools Agents 341

Housing Wire

SEPTEMBER 13, 2023

Industry players who spoke with HousingWire agree that the level of repurchase demands has increased this year and that is having an impact on some buyers and sellers of MSRs. There is a lot of money chasing MSRs,” said Mike Carnes, managing director of the MSR valuation group at Mortgage Industry Advisory Corp (MIAC).

Marketing 386

Marketing Sellers Buyers Mortgage 386

Housing Wire

AUGUST 2, 2022

Monthly valuations of the MSRs for both offerings will be performed by SitusAMC, Kroll Bond Rating Agency (KBRA) reports. Monthly valuations of the MSRs for both offerings will be performed by Denver-based Incenter Mortgage Advisors, KBRA reports. The seller for both deals is identified as “an independent mortgage banker.”.

Mortgage 374

Mortgage Sellers Valuation Brokerage 374

Housing Wire

NOVEMBER 16, 2023

billion in damages to residential home sellers who successfully proved that the organization – which represents real estate agents at most of the top brokerages in the United States – colluded with other defendants to inflate agent commissions. Unless the decision is appealed, NAR will have to pay at least $1.8

Realtors 397

Realtors Contracts Real Estate Agents 397

Simonson Real Estate

JUNE 22, 2020

What changes will there be, if any, to the appraisal and valuation process because all aspects of our society are being forced to carry on their daily activities differently while trying to protect ourselves from a sometimes debilitating, sometimes deadly, always mercurial virus with no known cure? About the Authors.

Valuation 146

Valuation Real Estate Appraisal Retail 146

Housing Wire

SEPTEMBER 7, 2023

Some of the nation’s largest real estate brokerages, including Keller Williams, RE/MAX , HomeServices of America as well as the National Association of Realtors , are facing three class action lawsuits (NAR is only named as a defendant in two lawsuits) that could result in the industry paying out tens of billions in damages. “The

Buyers 383

Buyers Agents Loan Officers Real Estate 383

Housing Wire

APRIL 6, 2021

With others waiting in line behind her, the seller wouldn’t budge on price. How hybrid title and valuations help increase lending efficiency. The LO added that some people get gifts to cover the appraisal gap while others are borrowing from retirement or brokerage accounts they didn’t want to touch because of the tax hit.

Appraisal 539

Appraisal Reconsideration of Value Real Estate Agent Sellers 539

Housing Wire

NOVEMBER 2, 2023

It allows agents, teams, and brokerages to purchase targeted display ads in chosen ZIP codes, putting them among the top agents on Zillow. The program aims to provide real estate professionals with exposure on the Zillow platform, offering access to a wide range of features, tools and resources to generate leads and grow their businesses.

Real Estate 365

Real Estate Real Estate Agent Tools Agents 365

Housing Wire

OCTOBER 17, 2023

Buyer and seller-specific landing pages: You’ll want a site that offers visitor-specific content pages. For example, buyers will want to browse listings while home sellers visiting your site will appreciate your free home valuations. The goal: to stay in touch with any and all visitors to your website. per month plus $249.95

Real Estate 394

Real Estate Real Estate Agent Agents Tools 394

Housing Wire

AUGUST 9, 2022

Two advisory and brokerage firms active in the mortgage servicing rights (MSR) market recently unveiled three new mortgage servicing offerings for agency loan portfolios valued in total at $4 billion. Information about the seller was not disclosed. billion, with bids due August 17. type multiples.

Sellers 346

Sellers Mortgage Marketing Buyers 346

Housing Wire

FEBRUARY 17, 2021

The Seattle-based real estate brokerage and listings platform will be publishing flood risk information on nearly every home on its listing platform, it announced on Tuesday. “Could this actually reduce the value of this existing homeowner and essentially take away a lot of their net worth?”.

Insurance 493

Insurance Brokerage Real Estate Design 493

Housing Wire

FEBRUARY 9, 2024

Here are some options to help you build a strong real estate website: Luxury Presence This high-end website builder is used by most design-forward agents and brokerages for its stunning layouts, high-resolution video capabilities and a sleek luxury feel. Frequently asked questions What are the 4 P's of marketing in real estate?

Tools 425

Tools Real Estate Marketing Real Estate Agent 425

Housing Wire

OCTOBER 7, 2022

aggregates client activity during their real estate pre-buying and pre-selling activities, using it to power actionable insights and intelligent marketing tools that help build relationships, capture seller leads, win more listings and close more transaction sides. Our team brings decades of real estate and technology industry expertise.

Housing Market 344

Housing Market Real Estate Agent Marketing Real Estate 344

Housing Wire

AUGUST 21, 2023

Homelight , a platform for homebuyers and sellers, was No. 403 Homelight 1,444% 2012 Providing a platform that helps deliver better outcomes for homebuyers and sellers. 1,943 EmpowerHome 289% 2006 A partner to real estate teams and agents, offering exclusive programs to ensure sellers get top dollar for their properties.

Real Estate 360

Real Estate Real Estate Agent Technology Investors 360

Housing Wire

JULY 1, 2022

MIAC Analytics, as exclusive representative for the seller, is pleased to offer for your review and consideration a $5.22 However, one must be aware of the nuances and economic variables that impact MSR valuations.”. ” “Escrow balances play a big part of the valuation when rates are higher,” Piercy added.

Marketing 313

Marketing Valuation Insurance Mortgage 313

Housing Wire

AUGUST 3, 2023

They repeat the mantra “Home buyers and sellers will always need a real estate agent.” Which real estate functions can AI outperform humans I asked GPT-4 about real estate valuation. However, GPT-4 concluded that while, “AI can enhance the process of real estate valuation, it may not completely replace human judgment.

Real Estate Agent 370

Real Estate Agent Real Estate Agents Tools 370

Housing Wire

AUGUST 28, 2020

The first is listing tools – the products designed for you to convert potential sellers into listing contracts. And the last area is seller tools or companies that help to convert lookers to buyers (I could probably have thought of a better name here). Not only do loads of brokerages offer it but also many of the top MLSs as well.

Tools 240

Tools Sellers Real Estate Contracts 240

Housing Wire

MAY 10, 2022

So yeah,” Toohig added, “I’m not surprised to see that sellers right now are trying to lay off MSR because it’s the highest value we’ve seen in years because of slower prepayment speeds.”. The Prestwick Mortgage Group , an Alexandria, Virginia-based MSR advisory and brokerage firm, is also in the thick of the MSR action.

Supply Chain 374

Supply Chain Sellers Mortgage Buyers 374