Fri.Mar 31, 2023

article thumbnail

Big Purple Dot integrates with ChatGPT for AI-powered customer support

Housing Wire

The use-cases for AI-powered chatbots just keep growing. Big Purple Dot (BPD), a mortgage and real estate customer relationship management (CRM) and recruiting solutions company in Irvine, California, announced this week the integration of ChatGPT into its CRM ecosystem. According to Big Purple Dot , it is one of the first CRM companies in the mortgage industry to integrate the ChatGPT API into its marketing platform. “We are excited to be one of the first CRM’s in the mortgage and r

article thumbnail

Agents, get your sellers ready for the selling 'sweet spot'

Real Estate News

A Realtor.com analysis identified the best time to sell in 2023, and it's just around the corner. The report also said to expect a more typical spring season.

Sellers 234
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Introducing the 2023 HW Finance Leaders!

Housing Wire

In its third year, the 2023 HW Finance Leaders award celebrates the outstanding achievements of the top finance executives in the real estate and mortgage space. As the housing market continues to face volatility, the role of CFO has become increasingly critical. These execs have been faced with navigating a complex and rapidly-changing landscape that includes the rollercoaster ride of low inventory, rising mortgage rates and shifting regulations.

Finance 341
article thumbnail

People On the Move at Real, Endpoint, Epique and Howard Hanna

Real Estate News

Alexandra Lumpkin first general counsel at Real, Shawna Hernandez lands COO role at Endpoint, Sam Rodriguez joins Epique board, Kris Burdick promoted at Hanna.

224
224
article thumbnail

Massachusetts finally passes RON legislation

Housing Wire

Boston-based Notarize will soon finally be able to execute a digital real estate closing in its home state of Massachusetts. Governor Maura Healey on Wednesday signed legislation legalizing remote online notarizations ( RON ) to all notaries in the commonwealth. With Healey’s signature, Massachusetts is now the 43rd state to legalize digital real estate closings, which started with Virginia in 2012.

Law 336
article thumbnail

Reality Check: 'Selling Sunset' sells an alternate reality

Real Estate News

Real estate reality TV isn’t exactly real. "The Bachelor" alums Jason and Molly offer their candid feedback on the glamorous and dramatic SoCal reality show.

More Trending

article thumbnail

‘Stop arguing and start adjusting’: Agents react to class-action ruling

Inman

From "NAR is toast" to "don't make any rash decisions," real estate agents, executives and thought-leaders offered their thoughts on the explosive Moehrl class certification ruling Wednesday.

Agents 152
article thumbnail

MISMO asks for public comment on new servicing transfer catalog

Housing Wire

The Mortgage Industry Standards Maintenance Organization (MISMO), the real estate finance industry’s standards organization, is currently seeking public comment on the latest version of the MISMO Servicing Transfer Catalog (MSTC), according to an announcement on Thursday. According to MISMO , the catalog, which was created through the collaboration of the MISMO Servicing Transfers Development Workgroup , will support the “timely and accurate transfer of residential loan information,&

article thumbnail

The LA ‘mansion tax’ is coming, sending sellers on a sprint to April 1

Inman

To make their multimillion-dollar properties more attractive and move them more quickly, some sellers have been cutting their asking prices precipitously and negotiating other add-ons into contracts.

Sellers 152
article thumbnail

2022 State-Level GDP Data

Eyes on Housing

Real gross domestic product (GDP) increased in 42 states and the District of Columbia in 2022 according to the U.S. Bureau of Economic Analysis (BEA). Six states recorded declines while Maryland and New Hampshire reported no change. The percent change in real GDP ranged from 4.9 percent increase in Idaho to 2.4 percent decline in Alaska.

Marketing 145
article thumbnail

‘My phone is ringing’: Homebuyer demand soars to 9-month high

Inman

Mortgage applications increased 2 percent from a week earlier, marking the fourth week of increases, while purchase applications rose 19 percent from a month earlier, according to data released Friday by Redfin.

Mortgage 152
article thumbnail

[Video] Customer Story: The Noel Company

GoForrmz

“ You click the form, you open it up, and five minutes later our office staff has it and can associate the right costs with it. Now we’re not doing work for free, which has been huge. ” — Andrew Wilson, Project Engineer at The Noel Company, Inc. About The Noel Company The Noel Company, Inc. has been providing quality turn-key concrete construction for over 30 years throughout New Mexico, Northeast Arizona, West Texas, and Southwestern Colorado.

article thumbnail

How to make clients love writing reviews (so you can win)

Inman

By keeping your testimonial review system fast, easy to access and uncomplicated, you can give clients ample opportunities and motivation to participate in sharing their experiences.

Clients 147
article thumbnail

Fannie Mae: No Appraisals Required? 3-10-23

Appraisal Today

Fannie Mae: Appraisals are no longer the default option: Value Acceptance replaces Appraisal Waiver Fannie Mae updated its Selling Guide on March 1 to include more options for property valuations, saying that they are “moving away from implying that an appraisal is a default requirement.” Those options include value acceptance (formerly appraisal waivers), value acceptance plus property data and hybrid appraisals. ———————————R

article thumbnail

What are the different types of real estate agents?

Inman

All real estate agents are not created equal. There are different types of agents just as there are different types of transactions and many different areas of specialization.

article thumbnail

New Proposed Tax Plan Seeks To Eliminate 1031 Exchanges

BiggerPockets

President Biden’s proposed Budget for the Fiscal Year 2024 seeks to promote expanded access and improved affordability in healthcare and education while cutting taxes for low-income families and shrinking the deficit, but […]

article thumbnail

Great for the growing agent, Trackxi fills niche within transaction management: Tech Review

Inman

Trackxi is an app for managing all the little things that hamper deal progress between signature and closing. It’s not a clinical transaction manager, more of an activity management solution, and it’s very good at it.

Agents 137
article thumbnail

Rookie Reply: Inheriting Tenants, Getting Pre-Approved, and Raising Rent

BiggerPockets

You’re buying a rental property and, in the process, inheriting tenants. What now? Can you go ahead and start raising rent? Not so fast.

Tenants 56
article thumbnail

A graphic artist’s take on maintaining brand identity

Inman

Cultivate a culture that respects and promotes your brand while helping agents do the same. DOORA Properties creative director Janet Pozos provides her branding best practices.

Agents 136
article thumbnail

Maximizing Value When Purchasing Your Home

Eppraisal

With today's home values being high and mortgage rates on the rise, many home buyers are finding it more difficult to purchase a home. It is important for home buyers to prioritize their "wants" in a home. Further, in the spirit of keeping their home values up, it is important to prioritize those "wants" in regards to what will bring them the most value in the future.

article thumbnail

Is Homes.com selling your own leads back to you?

Inman

This week, Byron Lazine and Nicole White discuss Homes.com's alleged use of agent names to snag leads, trouble in the commercial real estate industry and the debate around mortgages and affordability.

article thumbnail

New URAR Redesign Spec Released

Appraiserblogs

The Appraisal Forms & UAD Redesign Spec has been released and the current forms are being retired. This means that appraisers will no longer be using individual forms for each property type, but instead will have to use a single dataset with output varying based on property characteristics. If you want to get an idea of what this looks like, take a look at Appendix D-1 of the spec document.

Design 134
article thumbnail

Will migration fizzle out in 2023? History points to existential shift

Inman

The migration trends that drove housing demand during the pandemic are ending. But that doesn't mean people aren't moving, according to an Inman analysis of historic data.

Inventory 134
article thumbnail

The Full Measure with Kevin Hecht: Economic Recap March 2023

McKissock

Welcome to our new blog series, The Full Measure with Kevin Hecht – your destination for the most current economic insights and analyses. Catered to real estate appraisers, agents, and other professionals, this series will help you navigate the ever-evolving economic environment so you can make well-informed decisions to support your business and career success.

article thumbnail

Keller Williams, NextHome clinch ‘Most Innovative Companies’ list

Inman

Released Wednesday, Fortune's "America's Most Innovative Companies" list features four real estate companies. California-based NextHome led the pack with a product innovation score of 257.

article thumbnail

Catch up with Inman’s Top 5 stories of the week, March 24-30, 2023

Inman

Wondering what you missed this week? Find out with Inman's Top 5 most-read stories of the week.

Brokerage 136