Housing Wire

NOVEMBER 16, 2023

Once the verdict in that case was announced, CoStar stock shot up and the stock of competitors like Zillow and Redfin fell dramatically. What moron would shoot themselves in the head by doing that?” ANAHEIM, Calif. We had zero involvement with that lawsuit. We have 189,000 real estate clients who work with us. Florance said. “We

Real Estate 417

Real Estate Agents Buyers Sellers 417

Housing Wire

DECEMBER 8, 2023

You know what you do, but how do you explain it in such a way that a buyer understands your value, the required agency forms and everything involved to make it to the closing table? The more you know, the better job you’ll do finding them exactly what they’re looking for. Top 10 ways to get homebuyers to work with you 1.

Clients 409

Clients Real Estate Inspection Buyers 409

Cleveland Appraisal Blog

OCTOBER 12, 2022

Zillow has data that can be very helpful. However, when it comes to a data source, I do find that Zillow offers great information for the public. When appraising a property, I usually look to see if there is any information on Zillow about the property I am appraising. What’s wrong with this? Good thinking!

Market Value 334

Market Value Appraisal Clients Marketing 334

Housing Wire

MARCH 21, 2024

We were kind of the Zillow of Canada — we were the first platform to open up access to real estate data. And their experience is also highly fragmented and broken, and that’s what bubbles up to the consumer experiences. SW: What differentiates your tech? You are just experiencing them as you do what you need to do.

Real Estate 434

Real Estate Technology Agents Brokerage 434

Housing Wire

OCTOBER 31, 2023

So, what will be the outcome? It’s already happening. It’s doubtful that amount will be what it is today, though. Confessionally, left-brain nerds like me are drawn to such procedures like moths to a flame, so I have found these proceedings incredibly interesting. As Yogi Bera once said, “It ain’t over til it’s over.”

Real Estate 407

Real Estate Realtors Agents Buyers 407

Housing Wire

NOVEMBER 22, 2021

In this Q&A, Senior Real Estate Reporter Matthew Blake gives HW+ members the inside scoop on what happened at NAR ‘s annual conference. Blake breaks down his biggest takeaways from the conference as well as what realtors should expect from the NAR agenda next year. or because this is what NAR’s 1.5

Real Estate 304

Real Estate Agents Real Estate Agent Buyers 304

Housing Wire

JANUARY 26, 2024

I was sitting on my couch and I saw Michael on CNBC calling us a cartel, saying that we take money that doesn’t belong to us, and I was infuriated at that rhetoric and I was infuriated at what that infers about Realtors,” Lamacchia said. “I It dehumanizes Realtors and turns us into money-making machines.”

Realtors 428

Realtors Law Agents Real Estate 428

Housing Wire

NOVEMBER 13, 2023

The market sets the price of the home, and it cares little for closing costs — or what the homeowner invested in it — when determining the price for which it will sell. What a truly wrong statement for which is there ample evidence to prove that it is incorrect. by 1% to 2% just by cutting the commission paid to buyer’s agents.”

Real Estate 354

Real Estate Realtors Agents Buyers 354

Housing Wire

JANUARY 7, 2022

Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. San Diego, California. Honolulu, Hawaii. Springfield, Missouri.

Housing Market 351

Housing Market Marketing Real Estate Agent Agents 351

Housing Wire

AUGUST 13, 2021

The next phase of the digital shift, however, is less about what it can do for the lender and more about consumer empowerment — putting the control of the relationship into the consumers’ hands. We like to add Zillow to that and say what Amazon and Zillow can’t do (WAZCD). To them it’s just “a mortgage application.”.

Loan Officers 450

Loan Officers Real Estate Agent Modernization Technology 450

Housing Wire

FEBRUARY 24, 2021

Just as interesting was what CoStar’s executives had to say about the $6.9 billion takeover bid for residential data firm CoreLogic , and why Zillow hasn’t really entered their orbit. But he also said Zillow entered the picture, which complicated matters. Let’s start with some of the numbers. million, or $5.93

Real Estate 351

Real Estate Technology Housing Market Business 351

Housing Wire

OCTOBER 20, 2022

So, what should lenders be doing to thrive in the face of a post-pandemic housing market rife with new hurdles? initially slated for the fourth quarter of 2021, is unlikely to happen given market conditions. initially slated for the fourth quarter of 2021, is unlikely to happen given market conditions. Presented by: Calyx.

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Investing Housing Market Mortgage Tools 406

Housing Wire

NOVEMBER 3, 2023

Other threats Another lawsuit filed by REX in March 2021 against the trade group and Zillow , alleges anti-trust violations related to an NAR rule, known as the no-commingling rule, that prompted Zillow to separate non-MLS listings from MLS listings on its website, including listings from REX. Judge Stephen R. Bough of U.S.

Real Estate 309

Real Estate Brokerage Buyers Property Management 309

Housing Wire

DECEMBER 15, 2022

The Federal Reserve’s decision to slow the pace of interest rate hikes this week pushed mortgage rates lower — and it happened in spite of the central bank reiterating that it would continue to tighten its grip on the economy next year. At 3.12% one year ago, the same loan rates were about half of what they are today.

Mortgage 354

Mortgage Realtors Real Estate Investors 354

Housing Wire

NOVEMBER 5, 2021

The answer is that Redfin isn’t an iBuying company at all; it’s part of what we do, but it’s not who we are. Much of the news this week has been focused on the demise of Zillow Offers and Kelman stressed in the call that Redfin was taking a cautious approach to purchasing homes. “In of the forecasted price.

Renovations 303

Renovations Brokerage Agents Real Estate 303

Housing Wire

APRIL 7, 2021

In the most competitive housing markets in the country, virtually every buyer has immaculate credit, a few hundred thousand dollars – or more – for a downpayment and knows what their mortgage options are. “Buyers remorse on a home purchase happens often, and can affect emotional and financial wellness. .

Housing Market 439

Housing Market Marketing Buyers Mortgage 439

Housing Wire

JULY 6, 2023

This is what I call a supply-constrained market. “In In other words, if there were more inventory, we would have more sales happening.” The perplexing part: Why are home prices not declining in this environment? That compares to a record $4.4 trillion in mortgage originations in 2021.

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Inventory Renovations Real Estate Government 463

Housing Wire

FEBRUARY 1, 2023

Interest rates, though down slightly in recent weeks, are still double what they were at the end of 2021, and the Federal Reserve continues its monetary tightening policies to fight inflation. The National Association of Home Builders reports that 27% of builders report using temporary rate buydowns as a home-purchase incentive.

Marketing 410

Marketing Government Mortgage Sellers 410

Housing Wire

MAY 3, 2023

What’s especially interesting is that unlike average or low-performing agents, top-performing agents simply don’t lower their commission rates very often. “I But what happens when that calculation collides with the worst period of housing affordability in decades? They were wrong. They’ve never caught on.

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Agents Real Estate Agent Brokerage Real Estate 404

Housing Wire

DECEMBER 27, 2021

Why is this happening? Companies such as Zillow , Refin , Opendoor , Offerpad , Knock.com and Ribbon have put a new spin on financing services that have been around for more than 30 years. The event is exclusively for HW+ members, and you can go here to register. Today, the choices are abundant. Now, they’re at 13.5% only one year ago.

Brokerage 366

Brokerage Real Estate Agents Finance 366

Miller Samuel

NOVEMBER 30, 2018

Years ago and again this morning, I heard a real estate agent say - what do we need you (appraisers) for? The direction that was taken by regulators relies heavily on AVMs (Think Zillow's Zestimate which is not within 4.3% It's happening again. Liability insurers are already talking about a new target when things go south.

Appraisal 300

Appraisal Inspection Real Estate Agent Agents 300

Housing Wire

MAY 12, 2022

Still, like any investment, there are pros and cons – here’s what you must know. What Are the Benefits of Investing Outside Your State? Not everyone can afford to invest in rental property in the area they live in. In some regions, housing prices are so high that it may be difficult to add to your real estate portfolio.

Real Estate 399

Real Estate Investing Real Estate Agent Property Management 399

Housing Wire

MARCH 1, 2022

News just broke that private equity investor LLR Partners announced strategic investments in two mortgage technology companies — Mortgage Coach and Sales Boomerang ( click here for article ). LLR is not a newcomer to mortgage technology or the overall fintech market. In 2016 LLR led a $26.5 No surprise here.

Real Estate 340

Real Estate Brokerage Real Estate Agent Technology 340

Miller Samuel

JUNE 28, 2020

Then a startup agent trade group (NYRAC), made up of some of the most productive agents in the market and includes many of my long-time industry friends, pushed to hide the days on market metric from the public for what turned out to be a self-serving reason. I love what they stand for, but this was a strategic error that I could not support.

Housing Market 221

Housing Market Marketing Real Estate Sellers 221

Raleigh Realty

FEBRUARY 24, 2022

What Does 'Under Contract' Mean in Real Estate? "Under contract" is one of them, which is exactly what it sounds like: a prospective seller and a buyer have entered into a process where they've agreed to not only the terms of the contract but other important factors like the sale price, the closing date, contingencies and more. . "Under

Contracts 147

Contracts Real Estate Sellers Real Estate Agent 147

Eppraisal

JANUARY 28, 2022

" It is already happening, especially in the hot markets. ." " It is already happening, especially in the hot markets. According to a recent article, The 10 Hottest Housing Markets for 2022, According to Zillow, in the U.S. The 2021 real estate market was a record-breaking year. and home prices to rise another 2.9%

Marketing 68

Marketing Home Value Real Estate Housing Market 68

Empire Appraisal Group

JULY 20, 2023

If you want to buy a home, it’s tempting to be in denial that this is happening. A dissenting voice comes from Zillow, where senior economist Orphe Divounguy said by email, “Buyers should not count on any dramatic rate falls in the next few years.” The housing crisis pushed rates lower for 11 years, but that won’t recur anytime soon.

Mortgage 78

Mortgage Realtors Real Estate Investing 78

Town & Country Residential Appraisals

SEPTEMBER 29, 2019

In any renovation, you must keep in mind a few things to see the largest return on your investment: What is the high end of our market? In any renovation, you must keep in mind a few things to see the largest return on your investment: What is the high end of our market? What is typical for my market? Cost does not equal value.

Renovations 46

Renovations Market Value Valuation Appraisal 46

Listing Spark

NOVEMBER 24, 2021

It can be a challenge to understand what’s important to look for when finding the right company or Realtor to sell your house in a “non-traditional” way. What does a traditional agent charge in Dallas-Fort Worth? What to look for when choosing a discount Realtor in Dallas-Fort Worth. MLS Listing.

Realtors 36

Realtors Real Estate Advertising Agents 36

Listing Spark

NOVEMBER 24, 2021

It can be a challenge to understand what’s important to look for when finding the right company or Realtor to sell your house in a “non-traditional” way. What does a traditional agent charge in San Antonio, TX? What to look for when choosing a discount Realtor in San Antonio, TX. MLS Listing. Market Data/CMAs.

Realtors 36

Realtors Real Estate Advertising Agents 36

Listing Spark

NOVEMBER 24, 2021

It can be a challenge to understand what’s important to look for when finding the right company or Realtor to sell your house in a “non-traditional” way. What does a traditional agent charge in Houston, TX? What to look for when choosing a discount Realtor in Houston, TX. MLS Listing. Professional Photos.

Realtors 36

Realtors Real Estate Advertising Agents 36

Listing Spark

NOVEMBER 24, 2021

It can be a challenge to understand what’s important to look for when finding the right company or Realtor to sell your house in a “non-traditional” way. What does a traditional agent charge in Austin, TX? What to look for when choosing a discount Realtor in Austin, TX. MLS Listing. Professional Photos.

Realtors 36

Realtors Real Estate Advertising Agents 36

Raleigh Realty

MARCH 23, 2021

How to Sell a House By Owner (FSBO) Before selling your home for sale by owner, it's important to understand the pros and cons, what's involved, and what to expect throughout the process. Do you really save money though when you sell by owner?

Real Estate Agent 133

Real Estate Agent Real Estate Realtors Contracts 133

Cleveland Appraisal Blog

NOVEMBER 11, 2021

In the news, you’ve no doubt seen that Zillow is selling off the homes it owns and getting out of the home-flipping business. Zillow’s Zestimates can be accurate. For years, Zillow Zesimates have been zinged by real estate professionals for creating angst in the market by their unsupportable value estimates.

Market Value 364

Market Value Valuation Appraisal Real Estate 364

Housing Wire

OCTOBER 3, 2023

2 most visited platform, now only behind Zillow. Brooklee Han: What does this milestone mean for Homes.com and CoStar as a whole? BH: I have heard some comments from CoStar about how Homes.com is well positioned for success regardless of what happens with the buyer broker compensation lawsuits.

Buyers 379

Buyers Real Estate Agents Business 379

Appraisal Today

APRIL 26, 2024

What Does Arm’s Length Mean in Real Estate? What should appraisers look for in a sales contract? The 7 Sale Types Explained Excerpts: An arm’s length sale – a sale in which the buyers and sellers act independently and in their own self-interest is the most common type of real estate transaction. I have done a lot of estate appraisals.

Appraisal 75

Appraisal Real Estate Real Estate Agent Contracts 75

Housing Wire

NOVEMBER 15, 2021

Zillow CEO Rich Barton. When Zillow waved the white flag on its iBuying operation earlier this month, CEO Rich Barton couched the company’s price forecasting model as something of a Frankenstein’s monster, an audacious curiosity that proved too dangerous. “Our This is a Zillow problem.”. What’s different about Zillow?

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Valuation Clients Lending Real Estate 402