Mon.Nov 27, 2023

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Gary Keller accused of embezzlement in updated racketeering lawsuit complaint

Housing Wire

Nearly three months after filing an initial complaint accusing Gary Keller and Keller Williams of inflating key profitability metrics including company sales and profits to convince individuals to purchase Keller Williams Regions and Market Centers, John Davis has made tweaks to his lawsuit. In his initial filing, in addition to Keller and Keller Williams, Davis also names former KW president Josh Team, Business MAPS Ltd. and Business MAPS Management LLC as defendants.

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Nation’s biggest title insurer hit by ransomware attack, reports say

Inman

Fidelity National Financial acknowledges that a "cybersecurity incident" disrupted the provision of title and escrow services and other technology and mortgage services.

Insurance 211
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New Georgia copycat commission lawsuit names Atlanta-area firms

Housing Wire

The copycat commission lawsuits have spread to the Southeast. On Wednesday, home seller plaintiffs in northern Georgia filed a class-action antitrust lawsuit accusing real estate industry players of colluding to artificially inflate real estate agent commissions. The lawsuit was filed by Janet Phillips, Joseph Hunt, Edith Anne Hunt, Penny Scheetz, Benjamin Aune and Parkwood Living, LLC , who have all sold properties within the last four years.

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3 essential tips for estate planning with real estate

Inman

Estate planning is of prime importance for homeowners and their heirs. Properties are among the largest and most complex assets to be distributed — particularly when they’re luxury homes worth millions of dollars.

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Relitix’s Agent Movement Index shows continued real estate agent recruiting slowdown

Housing Wire

Real estate agents are continuing to stay put, moving much less between brokerages than the post- pandemic peak seen in the summer of 2021, according to the latest Relitix Agent Movement Index. The index shows the relative degree of movement between brokerages by experienced agents and is indexed to the level of mobility in January 2016. The graph shows that, on a trailing 12-month basis, mobility hit its 10-year high in June 2021 at an index value of 109.4.

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Signs of a buyer’s market emerge as homeseller concessions return

Inman

More than a third of all home sales featured a concession in the past 3 months, according to new data and agents who told Inman that they're beginning to see signs of a buyer's market unfold.

Marketing 197

More Trending

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How do you define a luxury brokerage brand?

Inman

Whether you’re looking to move up to a higher level of service or you’re thinking about a brokerage switch, eXp’s Troy Palmquist offers insights and advice for putting that luxury polish on your branding.

Brokerage 191
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Mortgage rate dip a welcome reprieve, but more industry consolidation is ahead: Piper Sandler

Housing Wire

Mortgage rates have pulled back in recent weeks giving consumers and loan originators some breathing room, but headwinds in the industry are far from over. The decline in the 10-year Treasury yield and agency mortgage-backed securities (MBS) yields — due to a soft jobs report in late October — led to a slight pick up in seasonally-adjusted mortgage application volume.

Mortgage 430
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Focus on fundamentals: Clients, communication, compliance

Inman

According to compliance expert Summer Goralik, this is the time to take a proactive approach, ask important questions, adopt new business protocols and procedures, and engage in different types of conversations or scripts with clients.

Clients 189
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Has your banking partner come of age?

Housing Wire

HousingWire recently spoke with David Bernard, senior managing director of Specialized Mortgage Services at Western Alliance Bank , Member FDIC, about warehouse lending and how the warehouse sector and mortgage finance have progressed and continue to evolve. HousingWire: Has the banking crisis earlier this year left any lasting impacts on warehouse lenders?

Lending 417
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14 ways to beat the stress this holiday season and through 2024

Inman

Personal and professional upheaval is taking its toll on members of the real estate industry. Trainer and author Bernice Ross shares strategies to help you get a handle on stress as you move into the new year.

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Multifamily Built-for-Rent Remains Elevated

Eyes on Housing

According to NAHB analysis of quarterly Census data, the count of multifamily, for-rent housing starts remained elevated during the third quarter of 2023. For the quarter, 104,000 multifamily residences started construction. Of this total, 101,000 were built-for-rent. The market share of rental units of multifamily construction starts was near an all-time high of 98% for the third quarter as the.

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Why should I talk about personal stuff on Instagram?

Inman

This week, Sue "Pinky" Benson explains why you should be posting about personal stuff on Instagram and how it benefits your audience, and ultimately, your business.

Business 187
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[Video] Customer Story: Cooper Oates Air Conditioning

GoForrmz

“ Using your existing forms is GoFormz’s claim to fame. That’s certainly why we chose it to digitize our forms. ” — Ruzwa Cooper, President, Cooper Oates Air Conditioning About Cooper Oates Air Conditioning Operating for over 50 years, Cooper Oates is an experienced, full-service mechanical contractor providing high-quality air conditioning, heating, environmental air quality, and plumbing solutions to commercial clients and industrial properties throughout the Sacramento Valley

Clients 78
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NAR put on a brave face at NXT, but accountability is on the way

Inman

Jason Haber, founder of The NAR Accountability Project, believes that more must be done to keep agents from paying for NAR's mistakes.

Agents 203
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Andrea Delahunty Qualifies for the 2023 Lamacchia Realty President’s Club

Lamacchia Realty

We’re absolutely thrilled to announce that for the first time, Andrea Delahunty has officially qualified for the 2023 Lamacchia Realty President’s Club! She achieved this milestone by surpassing $16,000,000 in sales volume so far this year. Andrea joined Lamacchia Realty earlier this year and quickly became a star in our new Salem, New Hampshire branch office.

Realty 74
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Direct mailer Addressable abruptly closes with no forwarding address

Inman

Direct mail marketing company Addressable has abruptly gone out of business, according to a website message at its domain, addressablemail.com.

Business 187
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This Economist Says The Fed is Misreading Inflation—Here’s When Rates Might Fall

BiggerPockets

The Fed has slowed down its rate hikes, but an economist from UC Irvine says we've all been misreading inflation, including the central bank.

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How to win the multifamily lease-up challenge as a property manager

Inman

Multifamily expert and brand-new Inman contributor Andy Larson offers insights and strategies for the all-important lease-up period.

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You Can Use These Analysis Methods For Any Real Estate Asset—And They Work Really Well

BiggerPockets

In a world full of equations, getting down to the key metrics that drive success is what matters. Here's how to cut through the noise.

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These are the top new tech offerings for property managers

Inman

Today’s multifamily residents want smart-living solutions more than they want covered parking or pools. Here's what we’re watching.

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Financial Freedom with 2 Rental Properties and “Passionate” Income

BiggerPockets

Want to learn how to quit your job with real estate? Many people think you need to replace your entire salary with rentals, but that’s not the case.

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Take 5 minutes, make this change to your Google Business Profile

Inman

Marketing director Kate Hulbert shares this quick and simple update to make your social media and digital marketing more effective and targeted.

Business 180
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Feds need to do more to ease housing crisis, says top academic

Mortgagebroker News

Measures intending to accelerate the pace of housing construction fail to provide an instantly actionable solution

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Keller Williams and Gary Keller face new allegations in lawsuit

Inman

An amended complaint from former Keller Williams CEO John Davis now accuses the company and its co-founder of embezzlement.

Brokerage 187
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Turnkey Real Estate Investing: Complete Guide

BiggerPockets

Turnkey real estate investing means purchasing a property that's move-in ready. In other words, as soon as you close on the property, you can advertise it for rent. Some turnkey properties even come with tenants already living in the property with an active lease. Most of the time, the property needs few to no repairs or upgrades. It has all working appliances, its structure is sound, and the layout and features are what local renters desire.

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Revealed - the approach that paved the way to Canadian Mortgage Awards success

Mortgagebroker News

Prioritizing company culture amid growth proved key, says founder and CEO

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Holiday Shopping Hacks That’ll Save You Hundreds (or Thousands) This Season

BiggerPockets

The 2023 holiday shopping season is here, and you know what that means…gifts, trips, and LOTS of spending.

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PwC downsizes Canadian workforce by 2%

Mortgagebroker News

The move came amid sustained economic volatility and pressure from multi-decade-high interest rates

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7 of the Best Alternative Real Estate Investing Strategies

BiggerPockets

When it comes to real estate, there are a few go-to routes that many investors are typically drawn to. Flipping homes for resale is one. Obtaining and managing a rental property is another, whether renting to long-term residents with leases or listing the property on vacation rental sites. There are, however, alternative real estate investing strategies if neither of those strike your fancy.

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Broker on how client service is a robust building block of a successful career

Mortgagebroker News

For this professional, the mortgage space was a natural extension of her previous work

Clients 72
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Private Lending or Landlording: What Makes More Sense Right Now?

BiggerPockets

With interest rates as high as they are, is now the time to enter the market as a private lender? Here's what you need to know.

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Rent rates spike due to early completions, data suggests

Mortgagebroker News

Several provinces benefited from strong population growth and new rental supply

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Assurance Financial Announces Internal Promotions to Drive Continued Growth and Excellence

Assurance Financial

Assurance Financial Announces Internal Promotions to Drive Continued Growth and Excellence November 27, 2023 Baton Rouge, LA – Assurance Financial, a leading provider of innovative mortgage solutions, is pleased to announce a series of internal promotions aimed at strengthening the company’s leadership team and supporting its commitment to excellence in the mortgage industry.