Housing Wire

SEPTEMBER 6, 2023

Anywhere Real Estate ’s settlement agreement in two class action antitrust lawsuits dealing with buyer broker compensation raises important questions about the future of buyer’s agency and how other defendants are viewing the fast approaching trials. Top of mind, of course, is what exactly the settlement agreements include, besides an agreement by Anywhere to pay a total of $83.5 million in damages for both the Moehrl and Sitzer/Burnett suits.

Agents 421

Agents Buyers Realtors Sellers 421

Real Estate News

SEPTEMBER 6, 2023

A new survey from Zillow found that more than 80% of homebuyers evaluate climate and environmental risks when considering where to live.

Buyers 320

Buyers 320

Housing Wire

SEPTEMBER 6, 2023

Despite a slight drop in mortgage rates last week, mortgage applications fell to their lowest level since December 1996. For the week that ended Sept. 1, mortgage applications dropped 2.9% from the prior week , according to data from the Mortgage Bankers Association. “Both purchase and refinance applications fell, with the purchase index hitting a 28-year low, as prospective buyers remain on the sidelines due to low housing inventory and elevated mortgage rates,” said Joel Kan, MBA’s vice pres

Mortgage 421

Mortgage Contracts Inventory Buyers 421

Real Estate News

SEPTEMBER 6, 2023

“A lot of agents are going to make more money,” says CEO Tamir Poleg as Real reduces the threshold to move up in its rev share structure.

Agents 307

Agents 307

Housing Wire

SEPTEMBER 6, 2023

The Consumer Financial Protection Bureau (CFPB) last week made a quiet change to its guidance related to the Real Estate Settlement and Procedures Act (RESPA), affirming that mortgage originators who partner with U.S. Department of Housing and Urban Development (HUD)-approved counselors can use fee for pre-purchase counseling and homeownership education services.

Mortgage 421

Mortgage Contracts Real Estate Development 421

Real Estate News

SEPTEMBER 6, 2023

The latest Black Knight Mortgage Monitor Report paints a bleak picture of housing affordability with “limited room for a rebound” anytime soon.

Mortgage 281

Mortgage 281

George Dell

SEPTEMBER 6, 2023

Scope of Work is what you plan to do. It requires you to identify the problem and identify the work necessary. The goal of USPAP (Uniform Standards of Professional Appraisal Practice) is credibility. The appraiser should be “worthy of belief.” A measure of reliability or usefulness of the appraisal is not required. Editor’s Note: This […] The post EBV: A New Scope of Work?

Appraisal 195

Appraisal 195

Housing Wire

SEPTEMBER 6, 2023

California-based RE/MAX Proper has acquired All Nations Realty and Investments , an independent brokerage in Rancho Cucamonga. In total, 126 agents and staff members at All Nations have joined RE/Max Proper, increasing the total agent count to 203, up from 70 when the former indie brokerage affiliated with the RE/MAX brand in May. The acquisition of All Nations was finalized on Aug. 30.

Brokerage 410

Brokerage Real Estate Agent Realty Agents 410

Inman

SEPTEMBER 6, 2023

From unrealistic portrayals on reality TV to NAR's unfolding scandal, the industry's reputation will suffer until consumers are offered a better deal, writes NextHome broker-owner Edward Svec.

Real Estate Agent 184

Real Estate Agent Realtors Real Estate Agents 184

Housing Wire

SEPTEMBER 6, 2023

FundingShield , the fintech provider of plug-and-play solutions to manage risk, compliance and fraud prevention, has partnered with Tata Consultancy Services (TCS), a technology services and consulting company. The partnership comes amid an increase in wire and title fraud risk. FundingShield and TCS aim to protect more lenders, homebuyers, sellers from wire and title fraud, both companies said.

Real Estate 397

Real Estate Insurance Investors Lending 397

Inman

SEPTEMBER 6, 2023

Shifts in the housing market are exposing underlying changes and the strengths and weaknesses of existing business models, including upstarts like The Real Brokerage, Mike DelPrete writes.

Brokerage 184

Brokerage Housing Market Business Marketing 184

Housing Wire

SEPTEMBER 6, 2023

Generative artificial intellegence, such as ChatGPT, is changing everything—a statement that comes as little surprise to anyone these days, and least of all to the many real estate agents whose markets are being saturated by artificial intelligence (AI)-empowered buyers. With the advent of proptech services entering the real estate industry, buyers are becoming more thoroughly informed every day, long before they even speak to an agent.

Real Estate Agent 397

Real Estate Agent Real Estate Agents Marketing 397

Inman

SEPTEMBER 6, 2023

Although growing a team in a sustainable and meaningful way is far from easy, finding and leveraging the right technology can help you effectively manage your people and processes and keep you on an efficient path to your next growth milestone, Sheila Reddy writes.

Technology 184

Technology Agents 184

Housing Wire

SEPTEMBER 6, 2023

Despite the economic headwinds, the title industry remains strong, according to Fitch Ratings’ title industry September 2023 Peer Review. According to Fitch, the Big Four title companies , Stewart , First American , Fidelity and Old Republic , accounted for approximately 82% of all the title premiums written during the first quarter of the year. Fidelity recorded the largest market share at 29%, followed by First American at 26%, Old Republic at 16% and Stewart at 11%.

Inventory 397

Inventory Marketing Mortgage Insurance 397

Inman

SEPTEMBER 6, 2023

Pocket listings are positively overflowing nearly four years after the National Association of Realtors enacted its controversial Clear Cooperation policy to end them, a new Intel analysis shows.

Realtors 187

Realtors Brokerage Agents 187

Housing Wire

SEPTEMBER 6, 2023

The ICE — Black Knight merger creates the first end-to-end digital infrastructure that will reorder incentives and change how housing markets operate. New competitive pressures on long-protected positions will force many to rethink delivery systems and reinvent organizations. The digital future is unknowable, but we do know that information power moves to consumers, value resides in networks and data rights are the new currency.

Supply Chain 370

Supply Chain Real Estate Technology Mortgage 370

Inman

SEPTEMBER 6, 2023

Find out why "free" isn't all it's cracked up to be when it comes to your professional website and email address, according to brand new Inman contributor and broker-owner Markus Feldmann.

Brokerage 180

Brokerage Agents Marketing 180

Eyes on Housing

SEPTEMBER 6, 2023

NAHB analysis of the 2022 Census Bureau Survey of Construction (SOC) data shows that, nationwide, the share of non-conventional financing for new home sales accounted for 28.1% of the market, roughly the same as in 2021, at 28.8%. As in previous years, conventional financing dominated the market at 71.9% of sales. In 2020, the share of non-conventional financing was 34.4%.

Finance 103

Finance Construction Marketing 103

Inman

SEPTEMBER 6, 2023

Mortgage rates are climbing back toward 2023 highs as more inflation data comes in hot, spurring fears of another Federal Reserve rate hike in November.

Mortgage 190

Mortgage Marketing 190

Eyes on Housing

SEPTEMBER 6, 2023

According to the data released by Bureau of Economic Analysis (BEA), private fixed investment in student dormitories inched up 1% to a seasonally adjusted annual rate (SAAR) of $3.6 billion in the second quarter of 2022, after a 6.4% increase in the first quarter. Private fixed investment in dorms was 8.7% higher than a year ago, but still below the.

Investing 97

Investing 97

Inman

SEPTEMBER 6, 2023

The Brentwood property where Monroe died from an overdose in 1962 dates back to 1929 and still has original architectural features like beamed ceilings, terracotta tile floors and casement windows.

Architecture 176

Architecture 176

GoForrmz

SEPTEMBER 6, 2023

Streamline your application process with the GoFormz Employee Application Form Mobile forms are taking over traditional paper forms and it’s clear to see why. With mobile forms, businesses can instantly gather information on any digital device, like smartphones, tablets, and computers. These forms are completely customizable to capture images, text, dates, signatures, file attachments, and much more.

Modernization 78

Modernization Legal Business 78

Inman

SEPTEMBER 6, 2023

Revive Vision AI analyzes property photos to assess a property’s current value and renovation potential, utilizing Revive’s renovation recommendation engine to provide estimates backed by local contractors that maximize listing values.

Valuation 176

Valuation Renovations Technology 176

BiggerPockets

SEPTEMBER 6, 2023

Soli Cayetano makes over $10K per month in passive income at age twenty-five by buying the rental properties that most investors actively avoid.

Investors 84

Investors Marketing Real Estate 84

Inman

SEPTEMBER 6, 2023

The latest integration of computerized smarts involves First Multiple Listing Service, a 57,000-member organization based in Georgia that will launch an enhanced home search experience powered by the joint partnership between computer vision innovator Restb.ai and CoreLogic, one of real estate’s most recognized data brokers.

Technology 184

Technology 184

BiggerPockets

SEPTEMBER 6, 2023

Fewer purchases are being made by real estate investors this year, but that doesn't necessarily mean the sky is falling. Or does it?

Real Estate 84

Real Estate Investors 84

Inman

SEPTEMBER 6, 2023

Three months after Ring founder Jamie Siminoff became CEO, Latch will be reborn as Door.com, in part to leverage its acquisition of Honest Day's Work, according to an announcement on Tuesday.

Technology 170

Technology Real Estate 170

Mortgagebroker News

SEPTEMBER 6, 2023

As Canada's mortgage landscape continues to shift, expanding agents' and brokers' knowledge bases has never been more important, says CEO

Agents 76

Agents Mortgage 76

Inman

SEPTEMBER 6, 2023

The new class brings the total number of Compass Sports & Entertainment Division agents up to 158, representing 71 different markets. In 2022, they closed more than $7.7 billion in sales volume.

Agents 175

Agents Marketing Clients Real Estate 175

Mashvisor

SEPTEMBER 6, 2023

While you’d rarely hear anyone talk about cash on cash return outside the world of real estate investing, it’s a common metric in the industry.

Real Estate 74

Real Estate Investing 74

Inman

SEPTEMBER 6, 2023

The Virginia Corbett Home Team includes 16 agents and five staffers. The team's move to eXp comes as brokerages across the U.S. compete for top talent.

Brokerage 170

Brokerage Agents Realty 170

Mortgagebroker News

SEPTEMBER 6, 2023

Inventory issues and interest rates will have a significant impact on market activity during the latter part of 2023, RE/MAX says

Housing Market 72

Housing Market Marketing Inventory 72

Inman

SEPTEMBER 6, 2023

The $17 million deal for the sprawling estate, which is located at 10690 Somma Way, closed on Aug. 1, according to a recent report.

184

184

Lamacchia Realty

SEPTEMBER 6, 2023

YOUR GUIDE TO THE SOUTH FLORIDA LIFESTYLE Welcome to the sunny realm of Florida , where radiant days, endless coastlines, and a vibrant cultural tapestry converge. Florida, known as the Sunshine State, beckons with its year-round warmth and abundant outdoor opportunities. Whether you’re a sunseeker, an adventure enthusiast, a culinary explorer, or someone seeking relaxation, there is something for everyone.

Realty 60

Realty Buyers Marketing 60