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Q2 AgentPulse survey: Low inventory is greatest challenge

Housing Wire

Taking the top spot as the greatest challenge was low inventory , with nearly half (49%) of respondents ranking that as their biggest challenge. I would highlight that the real estate industry operates within legal frameworks and regulations to ensure fairness and transparency in transactions.

Inventory 414
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The current REO market requires an expansion of services for business growth

Housing Wire

Legal and regulatory risk demands compliance with evolving laws and regulations, with VRM Mortgage Service’s legal and compliance departments ensuring current knowledge and implementing controls. months as of December 2023), and implementing measures to moderate home price appreciation, fostering increased affordability.

Business 404
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Crisis management in real estate: 8 tips for handling difficult situations

Housing Wire

Consider the residential client disappointed at the lack of inventory , or the commercial investor with many vacancies in a once-thriving property. Legal disputes. Address other important items, including relevant contact information for support professionals, such as legal counsel, insurance providers and emergency services.

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Mr. Cooper to acquire Home Point Capital for $324M in cash

Housing Wire

Wachtell, Lipton, Rosen & Katz and Simpson Thacher & Bartlett LLP were the legal advisors to Mr. Cooper in the transaction. Meanwhile, Kirkland & Ellis was the legal advisor and Houlihan Lokey the financial advisor to Home Point. billion in 2022, a 71.6% decline compared to 2021.

Legal 393
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Compass CEO Reffkin believes agents will still be valued in a post-settlement world

Housing Wire

We have brought down expenses and continue to grow our agent count and inventory advantage,” Reffkin said. For example, Compass has access to off-market exclusives through Compass Private Exclusives and Coming Soon, which is particularly important in a low-inventory environment.”

Agents 431
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Realogy stays profitable, laments mortgage

Housing Wire

Despite the acute inventory shortage, the National Association of Realtors estimated this week that 5.6 We take it seriously, and we’ve got an experienced legal team.”. When inventory gets tighter, Schneider said, “Higher-end agents get a bigger share of the volume.”. million existing homes will be resold in 2022, down from 6.1

Mortgage 370
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Zillow execs imagine a world without buyer’s agency

Housing Wire

Zillow’s financial results Despite a slower residential housing market environment caused by rising mortgage rates and low housing inventory, Zillow Group still managed to record an annual increase in revenue in the third quarter of 2023. Despite the verdict, it does not appear that Zillow’s legal battle with REX is over.