Mon.Jul 15, 2024

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Dominion Financial adds Dustin Wells to head up wholesale division

Housing Wire

Baltimore -based Dominion Financial Services , a nationwide private lender that specializes in financing for real estate investors , announced the hiring of Dustin Wells as the president of its newly launched wholesale lending division. Wells has more than 20 years of experience in the financial services arena. Most recently, he served as co-president of Stronghill Capital , an Austin -based nonbank lender.

Lending 398
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The New UAD: “Don’t Borrow Trouble.”

Appraisal Buzz

This is a continuation of the April 15, 2024 article “ From Forms to Reports: A Look at the UAD Overhaul ” I am named after my father, who passed away in 2000. Dad was an SRA who brought me into the business and mentored me back in 1982. I had just returned from college, and back then, there was no appraisal software available. It was my father’s vision that we would “computerize.

Appraisal 195
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Compass lands top agents in Florida, Colorado

Housing Wire

Compass has nabbed a pair of top agents to add to its teams in Florida and Colorado. Bonnie Heatzig is coming over from Douglas Elliman, bringing her extensive knowledge to the Boca Raton, Florida-based team at Compass. She has more than 20 years of experience in luxury real estate, selling more than $170 million in volume over the past four years. In Denver, Stuart Crowell joins Compass from LIV Sotheby’s.

Agents 379
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Arizona Realtors unveils new forms that are ‘to the point’

Real Estate News

The state association is rolling out buyer agreements and other forms that it believes offer a balance of simplicity and agent protections.

Realtors 152
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MoxiWorks lays off employees a month after naming new CEO

Housing Wire

A little over a month after technology startup executive Eric Elfman replaced MoxiWorks founder York Baur as CEO, the real estate technology platform provider appears to be undergoing a round of layoffs. Impacted employees at MoxiWorks took to LinkedIn last week to discuss the layoffs and share their job search goals. One such employee was Bret Calltharp, MoxiWorks’ former director of engagement.

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An entirely new way to create listings where there are none

Inman

Bernice Ross interviews Realeflow CEO Greg Clement about how real estate agents can tap into the pool of cash buyers and investors to add lead gen leverage and market coverage to their businesses.

More Trending

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Lesson Learned: Pay attention to family and friends as well as clients

Inman

As she begins her 47th year in real estate, find out how this former junior high school English teacher creates personal connections and manages a robust professional network.

Clients 88
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Mastering the narrative: Strategic messaging for loan officers

Housing Wire

Loan originators in today’s mortgage market have weathered significant challenges. They’ve endured a major drop in volume, a rapid rise in rates, and uncertainty surrounding realtor commission settlements and their impact on referral partners. If you are still in the game, you’re already demonstrating resilience and adaptability. Now, it’s time to leverage these experiences and position yourself for future success.

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Housing inventory is climbing back. So why are leads still lagging?

Inman

Inventory is rising again, but agents are still scrounging for new listings. Hundreds of brokers and agents shared what's working in still-tight markets in new responses from the Intel Index survey.

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Rocket Pro TPO waives origination fee for home equity loans 

Housing Wire

Rocket Pro TPO , the wholesale arm of Rocket Mortgage , announced Monday that it has decided to waive the $795 origination fee charged to broker partners on home equity loans. “When you think about what home equity looks like or represents across the country, there’s a record-breaking home equity, with homeowners sitting on almost $17 trillion,” Rocket Pro TPO executive vice president Mike Fawaz said in an interview. “There’s a ton of demand when it comes to looking

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How this agent went from rookie to ringer in just 7 years

Inman

Ready to make a leap into real estate but worried about how to pull off the transition? Learn from Atlanta agent Leah Williamson's trip to top-producer.

Agents 88
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Five Reasons to go Paperless

GoForrmz

Originally published on 12/17/2015 GoFormz makes going paperless a breeze Transitioning to paperless processes offers numerous benefits for businesses. First and foremost, it significantly reduces operational costs associated with paper, printing, storage, and disposal. By digitizing documents, companies can enhance efficiency and productivity, as digital files are easier to organize, access, and share.

Tools 78
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Austin Allison and Pacaso are coming for the masses

Inman

Pacaso CEO peels back the curtain on his company’s evolution to a new chapter as Pacaso buys more houses in more markets at lower prices.

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Lamacchia Realty’s Berkshire Acqusition Featured on Real Estate News’ Brokerage Beat

Lamacchia Realty

Over the weekend, Lamacchia Realty’s recent acquisition of Berkshire Dream Home in Dalton, MA was featured in Real Estate News’ Brokerage Beat. To read the full story, click here or on the image to the right. The post Lamacchia Realty’s Berkshire Acqusition Featured on Real Estate News’ Brokerage Beat appeared first on Lamacchia Realty.

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Has the Bank of Canada's rate cut improved homebuyer confidence?

Mortgagebroker News

'Many are playing it safe'

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Uncovering Flaws in FHA Appraisal & Loan Review Process

Appraiserblogs

The story of this single mother’s harrowing experience with a defective home purchase and HUD’s negligent oversight exposes deep flaws in the FHA appraisal and loan review process. After sacrificing for years to rebuild her credit and earn the right to become a homeowner, this borrower found her dream home in the country – or so she thought. During the home inspection, issues with the well and septic system were flagged, but the seller, an investor who had purchased the home in an estate sale, w

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Sellers return to Montreal housing market in Q2

Mortgagebroker News

Increased listings help rebalance demand and boost transactions

Sellers 39
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Share of Homes Built on Slabs Surges to 72.4%

Eyes on Housing

NAHB analysis of the Survey of Construction (SOC) shows that 72.4% of new single-family homes started in 2023 were built on slab foundations, 16.6% were built with full or partial basements, and 9.9% with crawl spaces. The share of new homes built on slabs has risen steadily from 45.8% in 2000 to 72.4% in 2023.

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Quebec's hot housing market: Will it last?

Mortgagebroker News

But Quebec City faces 'problematic' housing shortage

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RBC warns of slow housing market recovery despite rate cuts

Mortgagebroker News

Canada's housing market recovery to be gradual, says RBC

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BC housing market continues muted performance

Mortgagebroker News

June activity remains well below historical average