Can real estate brokerages survive without mortgage?

Housing Wire

Real estate brokerages can survive, but only if they seriously invest in mortgage. So said members of a panel Tuesday on the evolution of the real estate brokerage during HousingWire Annual in Frisco, Texas. The post Can real estate brokerages survive without mortgage?

Homebuyers flock to Florida real estate

Housing Wire

Milagros Alvarez, a Miami real estate agent at Redfin, said that the pandemic “has brought even more out-of-towners to the area” because so many people can now work wherever they want. The post Homebuyers flock to Florida real estate appeared first on HousingWire.

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Rocket announces discount real estate brokerage

Housing Wire

Rocket Homes has plans to start iBuying – and discount real estate. Such are the ambitions of an array of companies today including Zillow and real estate brokerage Compass. Rocket’s further leap into real estate comes after the company reported $1.3

Vacation towns, suburbs see real estate boom

Housing Wire

Roughly a year after the COVID-19 pandemic began in the United States, and more people than ever are buying residential real estate in vacation towns and suburbs, per a report from Redfin. The post Vacation towns, suburbs see real estate boom appeared first on HousingWire.

Here’s the key to being an empowered real estate professional in 2022

Housing Wire

real estate?market business as a real?estate?professional. estate?professional. Finding out that Chicago’s real estate market could still skyrocket a double-digit percentage?is a stellar real estate team. coming to the?end end of the year,?and?real

Better expands real estate, explores iBuying

Housing Wire

Christian Wallace, Head of Real Estate Services at Better.com. Better.com , a digital mortgage lender that is set to go public later this year, unveiled Thursday another expansion of its in-house real estate group , one that has a unique business model in the world of brokerage.

For I Heart Real Estate, it’s about more than real estate

Housing Wire

When the I Heart Real Estate team isn’t busy with clients, it’s a safe bet that the company is helping someone, somewhere, in a time of need. On the I Heart Real Estate blog section of the company website, a post authored by Stevens entitled “Do You Have Heart?”

HomeLight secures $363M to reimagine real estate

Housing Wire

Bay Area-based HomeLight , a proptech platform aimed at expediting and simplifying the real estate process, announced it has raised a combined total of $363 million in new funding. ” The post HomeLight secures $363M to reimagine real estate appeared first on HousingWire.

Real estate tech special reports

Housing Wire

The two companies featured in this section offer platforms that leverage technology so real estate professionals can provide excellent customer service. The post Real estate tech special reports appeared first on HousingWire.

2021 HW Tech100 Real Estate Winners

Housing Wire

The HW Tech100 identifies and recognizes the most innovative technology companies serving the mortgage and real estate industries. These are the companies and solutions helping real estate professionals propel their businesses forward in 2021. Real Estate Sales.

Are homebuilders burning bridges with real estate agents?

Housing Wire

Real estate agent Alanna Strei’s client wanted to check out “Tesoro Vista Del Sur,” 134 newly built townhouses in the Ocean View Hills area of San Diego. The post Are homebuilders burning bridges with real estate agents?

A real estate agent’s guide to long-term success

Housing Wire

Staying productive and focused in the real estate market requires a combination of intelligent business decisions, technology and having a long-term approach to your strategy. That way, real estate agents can close sales without losing any potential leads.

Lenders, don’t overlook real estate investors

Housing Wire

HousingWire recently spoke with William Tessar, president of Civic Financial Services , about the private lending space and how LOs can benefit from serving real estate investors. . HW: How significant is the real estate investor channel in our post-refi market?

Real estate teams beat brokerage firms in profitability

Housing Wire

Podcast: Comparing real estate team and brokerage profitability. Study: It’s true, real estate teams outperform brokerage firms. However, these super-sized teams aren’t the only ones turning a profit — a profit that dwarfs most real estate brokerage’s profit.

The 100-years-war over real estate commissions

Housing Wire

In 2002, Natalya Delcoure and Norman Miller, two real estate economists, set about to learn what fees consumers pay real estate agents in America. They were especially interested in real estate commissions.

Are U.S. real estate commissions illegal?

Housing Wire

This is Part Two of Three in HousingWire’s dive into all matters residential real estate commissions. But Ryan had already left 22 nd Century Media in 2015 to start the Austin, Texas-headquartered residential brokerage Real Estate Exchange, or REX.

Low-fee, alternative models lead real estate on Inc. 5000

Housing Wire

Some 69 fast growing real estate brokerage firms, teams and alternative models made the list. At the top of the real estate/alternative model category, at No. The post Low-fee, alternative models lead real estate on Inc. Real Estate HWplus Inc.

DropOffer wants real estate agents to go off-market

Housing Wire

Low inventory means fewer choices for homebuyers, but for years enterprising real estate agents have worked around tight market conditions by searching for off-market homes that fit their clients’ specifications. Housing market inventory is low right now. Historically low.

How is the housing market impacting real estate agents?

Housing Wire

A real estate agent at Compass Florida in Coconut Grove, Schechter has 12 years of experience in the real estate industry, so he’s familiar with its cyclical ups and downs. But what about real estate agents?

Real estate brokerages embrace long-term remote work

Housing Wire

HW Media acquired RealTrends last year, and for most real estate brokerage heads RealTrends’ annual soiree was the first in real life since early 2020. The post Real estate brokerages embrace long-term remote work appeared first on HousingWire.

Drones, 5g, and VR dot future of real estate tech

Housing Wire

Cyber security , 5G, drones and virtual reality are the technological developments expected to have the biggest impact on real estate in the next two years, according to a National Association of Realtors survey. million real estate agents – the vast majority of U.S.

Howard Hanna Real Estate Services founder dies at 101

Housing Wire

the founder of the eponymous Howard Hanna Real Estate Services, died on Saturday , according to an announcement made on the brokerage’s Facebook page. “It Howard Hanna Real Estate Services ranked No. Howard Hanna Jr.,

Drone mapping in the real estate industry

Housing Wire

In real estate, one such disruption is caused by drones, which have become an extremely effective tool for mapping and marketing property. The post Drone mapping in the real estate industry appeared first on HousingWire. Seth Thompson, premier land professional.

Keller Williams and Kaplan launch real estate school

Housing Wire

Franchise real estate brokerage Keller Williams announced Tuesday that it is partnering with educational and test prep services platform Kaplan to create the KW School of Real Estate (KSCORE).

Seattle tops list of best metros for real estate agents

Housing Wire

cities determined that Seattle is the top market for real estate agents to currently work in, and Corpus Christi, Texas, was deemed the worst. In studying the cities, two factors were considered — job opportunity and competition, and real estate market health.

Real estate is a people business, but automation can help

Housing Wire

The news is filled with talk of real estate. real estate market, matters are of course more complex than mere narratives, but we do all know that constant hype adds to the buoyancy of markets, which then creates more hype. In real estate, data is king.

Real estate tech roundup: CoStar buys Homesnap

Housing Wire

Over the weekend, CoStar Group announced that it has agreed to acquire real estate tech company Homesnap. Homesnap has great relationships, data , software, and tools for residential real estate professionals that are complementary to our existing offerings ,” Florance said.

New program puts Black real estate agents at forefront

Housing Wire

The National Association of Real Estate Brokers has announced the creation of its “Black Real Estate Agent” program to provide financial, educational, and career support for aspiring Black real estate agents.

These are the top 5 real estate podcasts

Housing Wire

As the popularity of this medium continues to grow, more and more housing industry professionals are becoming hosts and launching their own podcasts on topics ranging from real estate, fintech, and mortgage news. Here are the top 5 real estate podcasts in the housing space: Episode 109.

The past, present and future of real estate commissions

Housing Wire

The following Q&A comes from the HW+ exclusive Slack channel, where HousingWire Senior Real Estate Reporter Matthew Blake answered questions about his three-part HW+ series on the past , present , and future of real estate commissions.

Real estate brokerages: Tech won’t ruin us

Housing Wire

“The thing we need in real estate is more buzzwords about tech,” deadpanned Craig McClelland, vice-president and chief operating officer of BHGRE Metro Brokers in Atlanta. Any real estate talk about technology can degenerate into to just saying the word “technology.” “We

Invest in real estate, not the stock market

Housing Wire

Not the kind of game that the rookie Game Stop investors are used to playing, but a real-life, action-packed, form of entertainment that toys with millions of Americans’ emotions and finances every day. Investing in real estate. More for Real Estate Enthusiasts.

Breakout: The Evolution of the Real Estate Brokerage

Housing Wire

The consolidation of real estate brokerage and mortgage services continues as both seek out ways to combine services to offer more to consumers. Real estate brokerages have long added core services to increase profitability. Now, mortgage firms such as Rocket and Better are adding real estate brokerage services. The post Breakout: The Evolution of the Real Estate Brokerage appeared first on HousingWire.

Real estate agents hold breath on commission disclosure

Housing Wire

But the session did not reach a looming inflection point for real estate agents: Whether they must tell homebuyers what commission percentage they stand to make. At issue is unprecedented transparency required out of real estate agents.

National Fair Housing Alliance partners with LGBTQ+ Real Estate Alliance

Housing Wire

The LGBTQ+ Real Estate Alliance organization announced that it is partnering with the National Fair Housing Alliance (NFHA) and has landed its first corporate sponsor, Engel & V?lkers. The LGBTQ+ Real Estate Alliance, which officially launched on Oct.

Why there are so few real estate agents of color

Housing Wire

Sudi Hernandez of Cloud 9 Real Estate Group loses leads when a client hears her Cuban accent. Amy Kong of Trust Real Estate hosts open houses where people ask, “Where is the agent?”. These are instances of racism experienced by Hispanic, Black and Asian real estate agents.

The 4 biggest challenges of innovating in real estate

Housing Wire

Real estate is an attractive field for experienced and aspiring entrepreneurs alike. The urge to innovate in real estate is only natural — any homebuyer or seller who is a creative problem-solver will notice glaring inefficiencies in the process.

Real Estate Exchange files antitrust suit against Zillow, NAR

Housing Wire

Real Estate Exchange (REX) filed an antitrust lawsuit Tuesday in federal court against Zillow , accusing the company of anticompetitive behavior related to showing certain homes on its platform. Real Estate Tech Demo Hour.

Real Estate Tech Demo Day: Qualia

Housing Wire

Scale is a simple way for real estate tech companies to build custom, on-brand, and modern closing experiences using Qualia’s flexible infrastructure. #1. expect real-time property updates from their real estate agent. #2. Qualia.

Seattle’s already-hot real estate market is exploding

Housing Wire

Most of those workers saw their net worth increase in the past year, and they chose to invest much of that new money into real estate. cities determined that Seattle is the top market for real estate agents to currently work in.

Real Estate Demo Day: Century21

Housing Wire

In 2020 , the CENTURY 21 ® brand continued to maintain the ”highest brand awareness” level among consumers presented with a list of real estate agencies; a trend we have upheld since 1999. #2. The post Real Estate Demo Day: Century21 appeared first on HousingWire.

Rocket Homes could be real estate’s sleeping giant

Housing Wire

That raises a question of perhaps little interest to National Basketball Association fans but a great deal of interest to National Association of Realtors members – where is the real estate agent in this picture?

Real estate technology adoption in a post-pandemic world

Housing Wire

The impact of COVID on the real estate market is significant and has forever changed the way our industry operates. This change, while disruptive and uncomfortable for some, has provoked the rapid adoption of real estate technology, the likes of which we haven’t seen before.