Housing Wire

JANUARY 5, 2024

I participated in dramatic changes in MLS at various points throughout my career, and I look forward to once again playing a key role in the evolution of the MLS as CEO of SDMLS. The suit claims that more than $1 million in member dues were diverted from lobbying efforts into Mercurio’s pocket.

Real Estate 364

Real Estate Realtors Technology Tools 364

Housing Wire

FEBRUARY 21, 2024

The three vendor advisers are Brian Vieaux, president and COO of FinLocker ; Sam Parker, owner of My Credit Guy ; and Sofia Rossato , president and general manager of Floify. BAC also created seven nonvoting roles that include vendor advisory roles and a leadership council.

Lending 396

Lending Finance Retail Mortgage 396

Housing Wire

JANUARY 11, 2024

“If we were having this conversation a year ago, everyone would have said we were wasting our time, and they would probably have been right,” says Haber, who founded the NAR Accountability Project. My goal when we started the Accountability Project was always to help strengthen and support NAR,” Haber said. “I

Real Estate Agent 435

Real Estate Agent Real Estate Buyers Agents 435

Housing Wire

APRIL 18, 2023

Yanely: I was really struggling myself with my personal finances because I’m first-generation American. My parents are from the Dominican Republic. And my parents never really had bank accounts, or debit cards, or credit cards, or anything like that. I’m a daughter of immigrants. I had no idea.

Finance 341

Finance Transportation Mortgage 341

GoForrmz

MAY 19, 2021

Adding new users to your GoFormz account is easy Adding new users to your GoFormz account improves collaboration and communication. To add a new user to your GoFormz account simply follow the instructions below (please note that you must have Admin permissions to add a new user): Login to GoFormz from a computer.

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GoForrmz

MAY 19, 2021

Adding new users to your GoFormz account is easy Adding new users to your GoFormz account improves collaboration and communication. To add a new user to your GoFormz account simply follow the instructions below (please note that you must have Admin permissions to add a new user): Login to GoFormz from a computer.

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Housing Wire

JANUARY 25, 2024

I made the decision to put homebuyers first when I moved into the wholesale world, and now, I’m doubling down on my commitment to them and the entire broker community,” Haddad said in a statement. ” AIME has a total of 65,000 members.

Retail 394

Retail Lending Loan Officers Brokerage 394

Housing Wire

JUNE 13, 2023

My 2023 forecast for the bond market was a range between 3.21%-4.25% on the 10-year yield, and assuming the spreads were bad, mortgage rates between 5.75% and -7.25%. Since my focus has been more on the labor market this year, the growth rate of inflation falling was already factored into my bond yield range for 2023.

Marketing 486

Marketing Mortgage Housing Market 486

Housing Wire

OCTOBER 20, 2023

Lower commissions don’t account for the real value of the MLSs Those who say that other countries who lack MLSs have lower commissions fail to account for the real value provided by MLS. fails to take any of this into account. Now, picture them together with Zillow and Realtor.com. It’s not a pretty sight.

Real Estate Agent 426

Real Estate Agent Real Estate Brokerage Agents 426

Housing Wire

DECEMBER 16, 2022

Is it my company? Some people are identifying, ‘It’s safer for me to stay where I am because at least this is known,’ and then there’s a group that’s thinking, ‘Maybe my company is not giving me what I need to succeed in this market’ and are out looking,” Graham said.

Loan Officers 403

Loan Officers Marketing Mortgage 403

Housing Wire

DECEMBER 7, 2023

This typically focuses on vacant or unimproved property where the scammers don’t even have to compromise an email account — they don’t even have to fish. They don’t have to do the account take over and the rule changes and all that stuff. People think, that’s not my risk. million house.

Real Estate 438

Real Estate Sellers Technology Real Estate Agent 438

Housing Wire

SEPTEMBER 21, 2023

For example, if you have a team of 100 agents, and your top 25 agents account for 50% of sales, it means that half of your business comes from just 25% of your agents. Which agents account for your top 25% of sales? My focus would be on new appointments earned each day and each week. Analyze your sales data by quartiles.

Agents 401

Agents Real Estate Real Estate Agent Business 401

Housing Wire

APRIL 18, 2024

NAR: First-time buyers were responsible for 32% of sales in March; Individual investors purchased 15% of homes; All-cash sales accounted for 28% of transactions; Distressed sales represented 2% of sales; Properties typically remained on the market for 33 days. So, no matter how you measure it, the inventory data is far from ordinary.

Inventory 479

Inventory Housing Market New Listings Buyers 479

Housing Wire

APRIL 1, 2024

I brought my concerns to Mike and it became evident that my concerns were not being handled productively,” Grella said in an interview. Early this year, I discovered that Kortas had been making aircraft-related purchases with company money and without my knowledge or consent,” Grella said in a statement.

Brokerage 370

Brokerage Business Loan Officers Legal 370

Housing Wire

JANUARY 19, 2023

Can I get my expense report money back please?” “He He (Strauss) didn’t pay 600 people and I don’t know what to say [other than] he owes my team more than $60,000,” said another former executive at Sprout Mortgage. “He He literally owes me over $50,000, my processor $7,000, my assistant $5,000 and a LO on my team another $5,000.

Mortgage 395

Mortgage Investors Legal Loan Officers 395

Housing Wire

FEBRUARY 1, 2024

the collateral) being insufficient, accounts for approximately 3x the national rate ( HDMA 2022 data). Sidebar: My parents have lived in Detroit’s Palmer Woods (which is between 7 Mile and 8 Mile) since I was a tween. Recently, as a Realtor, I reached out to my network to help sell my grandmother’s Detroit home.

Real Estate 394

Real Estate Appraisal Insurance Training 394

Housing Wire

APRIL 22, 2024

My advice is to start simple. Anytime there is a downturn in housing sales or a shock to the industry like with the litigation settlement, although we have not faced anything like this in my 47 year career, there is uncertainty,” Murray said. You need to start with the end in mind,” Walsh said.

Brokerage 369

Brokerage Real Estate Agents Sellers 369

Housing Wire

JUNE 29, 2021

The first thing that pops into my shriveled brain is how the housing market looked in February of 2020. Even though we have good demographics for housing, we are not seeing a growth in sales that would account for the rate of growth in prices. This content is exclusively for HW+ members.

Inventory 542

Inventory Housing Market Marketing Business 542

Housing Wire

MARCH 27, 2024

And before getting my real estate license in 2009, I had the same opinion, too. My take on the case First and foremost, this case may cause many real estate agents to bail from the industry, but with NAR reporting over 3 million people having a real estate license (due to an extremely low barrier to entry), is that necessarily a bad thing?

Real Estate Agent 300

Real Estate Agent Real Estate Agents Sellers 300

Housing Wire

FEBRUARY 14, 2023

2023 bond and mortgage rate forecast When I do my mortgage rate forecasting for each year, I don’t target mortgage rates but where I believe the 10-year yield channel will be with a set of variables in play. My mindset with inflation data since October of 2022 has been to give it time: 12 months from now, we will be in a better place.

Mortgage 459

Mortgage Housing Market Marketing Retail 459

Housing Wire

OCTOBER 31, 2022

My department was told within the last 30 days not to worry.”. Blend cut about 200 employees in two rounds of layoffs this year, which accounted for about 25% of its workforce. We’ve been told there would be no layoffs,” another affected employee, who requested anonymity, said. “My After reporting a $478.4

Mortgage 402

Mortgage Project Management Loan Officers Design 402

Housing Wire

JUNE 8, 2023

This is my 40 th year in the title industry,” Bullion-Mincy said. While wire transfers can only occur during specific business hours and they can sometimes take days to appear in an account, RTP and FedNow are not restricted to a certain timeframe and they are more or less instant.

Technology 310

Technology Real Estate Business Insurance 310

Housing Wire

JANUARY 20, 2023

NAR Research : First-time buyers were responsible for 31% of sales in December; Individual investors purchased 16% of homes; All-cash sales accounted for 28% of transactions; Distressed sales represented 1% of sales; Properties typically remained on the market for 26 days. from December 2021 ($358,800), as prices rose in all regions.

Inventory 540

Inventory Housing Market New Listings Marketing 540

Housing Wire

MARCH 12, 2021

For a long time, I would make minimum payments on credit cards/student loans and glance at my accounts a few times per year. My fiance and I followed this trend. I don’t have enough money to hire an accountant or financial advisor.”. I’m not ready to talk to a real estate agent; my down payment is measly.”.

Real Estate 437

Real Estate Real Estate Agent Design Agents 437

Cleveland Appraisal Blog

MAY 12, 2022

When Cubicasa first came out, they started following me on my Instagram page. And I remember the first time I started using a digital camera instead of a 35mm camera to take pictures during my inspections. One of my bank clients ordered one of the new Desktop Appraisals that Fannie Mae is accepting. Not a thing! SOMETHING NEW.

Inspection 341

Inspection Appraisal Tools Advertising 341

Housing Wire

NOVEMBER 18, 2022

When I outlined my 23% five-year growth model for 2020-2024, it was to have a marker for when price growth got too hot. I didn’t have to worry about this in the previous expansion — as my long-term work stated for a decade, the years 2008-2019, would have the weakest housing recovery ever.

Inventory 468

Inventory Marketing Housing Market New Listings 468

Housing Wire

APRIL 1, 2022

Patti Cook: When I look back on my time at Salomon Brothers, what drew me to that work and kept me there was the innovation coming to the fixed-income markets during that decade. Patti Cook: My experience there really led me to my “excellence every day” mantra. The truth is that for me this has and will always be my family.

Finance 361

Finance Development Business Tools 361

Housing Wire

JULY 9, 2021

Since day one of my mortgage career, my main role was to help Hispanic borrowers with responsible lending. According to the Urban Institute, all future homeownership growth will come from non-White households, with Hispanics accounting for 70% of homeownership growth over the next 20 years. Minority mortgage-ready millennials.

Lending 391

Lending Buyers Realtors Real Estate 391

Appraisal Buzz

OCTOBER 27, 2021

In this Buzzcast, we have Marcus Knight, a recently licensed appraiser diving into his firsthand account with the Appraiser Diversity Initiative (ADI) by Fannie Mae and the challenges facing trainee appraisers today. Up until this point, I hadn’t involved myself much in Real Estate and my only thought about it surrounded home ownership.

Appraisal 358

Appraisal Inspection Real Estate Development 358

Housing Wire

NOVEMBER 29, 2021

This is a big reason why I always have my two staple sayings. I do understand that my economic takes and charts might not be the sexiest thing on the internet. “Always be the detective, not the troll “ As you can imagine, being a very pro-American economic person, especially during this crisis, I have a target on my head.

Inventory 529

Inventory Contracts Training Investors 529

Housing Wire

SEPTEMBER 11, 2023

Over the past 18 months, speaking with my colleagues about REO inflow projections, all have shared that third-party sales account for 40-70% of the potential REO inventory, depending on the client. My average days on the market remain low, with multiple offers on most assets.

Inventory 395

Inventory Technology Design Tools 395

Housing Wire

MAY 5, 2023

Part of my COVID-19 recovery model on the labor market was that job opening should reach 10 million in this recovery. But, if we take a three-month average of job gains in the private sector only, not accounting for the government, it’s running at 182,000 per month, the slowest pace of job growth since early 2021.

Marketing 480

Marketing Housing Market Government Mortgage 480

Housing Wire

MARCH 29, 2023

My office will continue standing up for workers’ rights by stopping no-poach agreements and holding companies accountable for their bad actions.” A spokesperson for Fidelity did not immediately respond to a request for comment.

Insurance 301

Insurance Real Estate Mortgage Marketing 301

Housing Wire

APRIL 17, 2023

When I was starting out in my career, in my early twenties, working in a local government job in a Louisiana parish, I had a boss who would step back and give me the floor. By placing his confidence in me and projecting that confidence to others, my sponsor gave my career a kick start that made all the difference.

Government 349

Government Tools Mortgage Finance 349

Housing Wire

MAY 19, 2022

My rule to get the housing market out of the unhealthy stage is that we need total inventory back between 1.52 In February of 2021, when I was saying that we need higher rates to cool housing, my mindset was that there were two things higher rates could do: They could cool down price growth and create more days on the market.

Housing Market 522

Housing Market Marketing Inventory Realtors 522

Housing Wire

MARCH 18, 2022

This level is still within my 2022 forecast sales range between 5.74 Total inventory data is deficient, and this was my biggest fear in the years 2020-2024, and it happened. Since the end of 2020, I have tried my best to stress that home prices overheating should always be the concern in 2020-2024. million and 6.16

Housing Market 542

Housing Market Marketing Inventory Sellers 542

Housing Wire

JANUARY 23, 2024

Mauricio Umansky, founder of The Agency and star of Buying Beverly Hills, and Compass agent and NAR Accountability Project founder Jason Haber are making good on a promise to explore a real estate professional trade organization alternative to the National Association of Realtors.

Real Estate 436

Real Estate Agents Realtors Brokerage 436