Housing Wire

DECEMBER 11, 2023

Wells Fargo , once the largest mortgage lender in America, was accused of discrimination through the common industry practice of offering mortgage loan discounts to select borrowers, CNBC reported. The bank received Matter Requiring Attention (MRA) notice from the Consumer Financial Protection Bureau ( CFPB ) on problems with loan discounts, CNBC reported on Monday, citing anonymous sources.

Mortgage 441

Mortgage Lending Law Loan Officers 441

Real Estate News

DECEMBER 11, 2023

After a tumultuous year for NAR and the industry, membership in the nation's largest trade organization is headed for its first yearly drop in over a decade.

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Housing Wire

DECEMBER 11, 2023

After a successful launch of its new agent pay structure in Los Angeles and San Francisco in late October, Redfin announced Monday that it was expanding the new pay structure to its San Diego and Orange County markets. The pay plan now known as Redfin Next , after rebranding from its original launch name of Redfin Max , allows agents to earn commission splits of up to 75% for transactions they generate on their own and up to 40% for transactions with clients they met via the Redfin platform.

Marketing 421

Marketing Agents Brokerage Real Estate 421

Real Estate News

DECEMBER 11, 2023

Another buyer-broker commissions lawsuit, filed Dec. 8, names NAR, San Francisco-area associations, BAREIS MLS and five national brokerages.

Brokerage 252

Brokerage Buyers 252

Housing Wire

DECEMBER 11, 2023

A former account executive is accusing United Wholesale Mortgage (UWM), the top mortgage lender in the country, of racial discrimination, hostile workplace environment, harassment and retaliation, according to a lawsuit filed on Dec. 8 in a district court in Michigan. Corey Tucker, a Black man who began at UWM in December 2021, claims that shortly after his employment started, he noticed “ different treatment within the workplace.

Human Resources 421

Human Resources Mortgage Marketing Legal 421

Real Estate News

DECEMBER 11, 2023

Most brokerage companies follow a traditional commission-split model, but the landscape is shifting, with some major firms adopting new approaches.

Brokerage 225

Brokerage 225

Inman

DECEMBER 11, 2023

When it comes to marketing high-end homes, it pays to think like an ad firm. That means knowing your target audience, using themes they’ll understand, and finding ways to creatively defy convention.

Marketing 208

Marketing 208

Eyes on Housing

DECEMBER 11, 2023

According to the Federal Reserve’s latest G.19 Consumer Credit report, total consumer credit outstanding totaled $4.99 trillion (seasonally adjusted annual rate) in October, an increase of $5.1 billion over the month and $146.7 billion—or 3.0%–higher than October 2022. The monthly increase resulted from revolving and nonrevolving credit outstanding gaining 0.2% and 0.1%, respectively.

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Inman

DECEMBER 11, 2023

How do you build a brand that can withstand intense client scrutiny in the wake of the Sitzer | Burnett ruling? Agents should make four key pivots to rise above the chaos.

Agents 190

Agents Clients 190

Real Estate News

DECEMBER 11, 2023

OneKey MLS is acquiring Mid-Hudson MLS, bringing its membership to nearly 50,000.

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Inman

DECEMBER 11, 2023

By encouraging a focus on learning and embracing change, CEO Craig Grant offers a refreshing perspective that empowers real estate professionals to see technology as an ally, not an adversary.

Real Estate Agent 187

Real Estate Agent Real Estate Agents Technology 187

Eyes on Housing

DECEMBER 11, 2023

According to the 2023 third quarter release of the Federal Reserve Z.1 Financial Accounts of the United States, household real estate assets grew for the second consecutive quarter. The continued lack of existing for-sale inventory has contributed to the growth in households’ real estate assets. The level of household real estate assets increased by $510.25 billion from $45.03 trillion in.

Real Estate 158

Real Estate Inventory Market Value Marketing 158

Inman

DECEMBER 11, 2023

In this game-changing episode of Keepin’ It Real, RE/MAX President and CEO Nick Bailey gleans tips and advice from real estate coaching icons Brian Buffini and Jared James.

Marketing 187

Marketing Real Estate 187

Boston Appraisal

DECEMBER 11, 2023

If you are buying or selling a property, or refinancing your home, you may encounter a real estate appraiser who will appraise your property based on its condition, features, location, and market trends and provide an appraisal valuation. The appraisal process is important for homeowners, buyers and sellers. Appraisals can affect the financing, the negotiation of the purchase price, and ultimately the closing of the sale or the loan.

Appraisal Process 78

Appraisal Process Real Estate Appraisal Easement 78

Inman

DECEMBER 11, 2023

Klipper, who previously worked under the Christie's International Real Estate banner, where he inked more than $46 million in deals last year, will be based out of Corcoran's Bergen County branch.

Agents 180

Agents Real Estate Brokerage 180

GoForrmz

DECEMBER 11, 2023

“ The GoFormz-Acumatica integration has increased the communication between our office staff and our applicators in the field. Increasing that communication across the entire platform has been one of the biggest improvements we’ve seen. ” — Brian Kretsch, VP of Operations, Lake Restoration About Lake Restoration Located in Rogers, Minnesota, Lake Restoration has been dedicated to the restoration of lakes and ponds since 1977.

Modernization 78

Modernization 78

Inman

DECEMBER 11, 2023

Broker Julie Busby shares the how and why of her brand's partnership with the Greater Chicago Food Depository and the impact it has had on agents, clients and the community.

Clients 180

Clients Agents Brokerage Marketing 180

BiggerPockets

DECEMBER 11, 2023

Airbnb's winter update is making waves, especially with investors, as the newly designed features will shake up the hosting experience. Here's what you need to know.

Investors 82

Investors Design Real Estate 82

Inman

DECEMBER 11, 2023

According to consultant and strategist Kelly Rae White, companies that focus on building resilient operations, teams, systems and leaders are more likely to take advantage of demand surges and power through the effects of a downturn.

Development 179

Development Brokerage Agents 179

BiggerPockets

DECEMBER 11, 2023

Out of all of the things that could be stopping you, there's one entanglement that is most avoidable, yet countless investors get trapped in it.

Investors 82

Investors 82

Inman

DECEMBER 11, 2023

The meme-able rapper bought the renovated seven-bedroom, seven-bath home just last year in a $6.1 million all-cash deal.

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Renovations 180

Lamacchia Realty

DECEMBER 11, 2023

THE HIDDEN COSTS OF SELLING YOUR HOME WITHOUT A REALTOR® There is no denying it, the housing market has been a rollercoaster over the last several years. From the Covid-19 driven frenzy in 2020 to the significant inventory slowdown this year , buyers , sellers , and agents have all had adapt and grow comfortable with change. In any given market, many homeowners think it’s a good idea to sell their homes by themselves.

Realtors 71

Realtors Real Estate Agent Sellers Realty 71

Inman

DECEMBER 11, 2023

Want to highlight yourself and your business without sounding self-centered? Sotheby's Nikki Beauchamp shares tips for effectively blending dual promotion with self promotion.

Business 138

Business Brokerage Agents Marketing 138

BiggerPockets

DECEMBER 11, 2023

Multifamily units have been springing up in just about every city across the country, but these markets are building the most.

Investors 80

Investors Marketing Real Estate Investing 80

Mortgagebroker News

DECEMBER 11, 2023

Recognising the mortgage professionals and companies across Asia-Pacific, North America, and the UK who have excelled and raised the bar

Mortgage 66

Mortgage 66

BiggerPockets

DECEMBER 11, 2023

Don’t strive to become rich. Instead, become a “quiet” millionaire like Tae Kim, the “Financial Tortoise.

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Mortgagebroker News

DECEMBER 11, 2023

Report delves into achievements of mortgage professionals and organizations across several professional categories

Mortgage 70

Mortgage 70

Housing Wire

DECEMBER 11, 2023

After hitting a 23-year high of 8% in October, mortgage rates have cooled down to the lowest levels since July. Some borrowers are even getting quoted in the 6% range. A top-tier borrower with a 780 FICO score and a 25-30% down payment for a single-family vanilla 30-year fixed-rate mortgage was quoted 6.875% on Thursday, said Larry Steinway, senior vice president of mortgage lending and branch manager of Revolution Mortgage.

Mortgage 458

Mortgage Buyers Inventory Technology 458

Mortgagebroker News

DECEMBER 11, 2023

More than 80% of its customers have already renewed their mortgages despite higher rates, says CEO

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Mortgage 73

Listing Spark

DECEMBER 11, 2023

As the saying goes, in real estate investments, you make your money when you buy , not when you sell. After all, the purchase price is the set point. From there, you can only realize so much in profit based on the likely future sales price. During that moment of buying an investment property, it’s crucial to have all your investment property calculations done before you even submit an offer.

Investing 36

Investing Renovations Sellers Real Estate 36

Mortgagebroker News

DECEMBER 11, 2023

It will lead to school closures and service disruptions in hospitals in the second most populous province in Canada

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Housing Wire

DECEMBER 11, 2023

Despite rising housing unaffordability , we in the real estate business know that homeownership is still a fantastic way to build generational wealth. Not surprisingly, affordability is inextricably linked to fair housing , as fair housing (and lending) for all is foundational to affordability for all. When affordability meets fair housing Recently, during a coaching session with an agent, that agent shared how a recent seller, Bob, sold his home of 20 years and made so much money on the sale t

Real Estate Agent 450

Real Estate Agent Real Estate Agents Lending 450

Mortgagebroker News

DECEMBER 11, 2023

Officials seem to believe that banks' balance sheets can handle the current state of the economy

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BiggerPockets

DECEMBER 11, 2023

Is it your dream to quit your W2 job and pursue real estate investing full-time?

Real Estate 47

Real Estate Investors Investing 47