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Marc King out, Mark Willis in at KW

Housing Wire

According to the annoucment, King, who has been with Keller Williams since 2001, will continue as a training and coaching leader for Keller Williams’ Franchise Systems Orientation and will continue his work updating the Team Leader and Keller Williams experiences.

Training 445
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Interfirst to lay off 140 employees

Housing Wire

Interfirst is a mortgage business founded in 2001 by Dmitry Godin that has been harmed before by market downturns. But Interfirst struggled to maintain volumes in the following years as the market turned to purchase. Presented by: Acra Lending.

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Guaranteed Rate’s Larry Steinway makes the jump to Revolution Mortgage

Housing Wire

Larry Steinway, former senior vice president of lending and branch manager at Illinois-based Guaranteed Rate , has taken on a new challenge to expand the Ohio-based Revolution Mortgage footprint in the Chicagoland market. He then transitioned to PHH Home Loans in 2001 for an in-house lending stint, a role he stayed in for about nine years.

Mortgage 370
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Pending home sales shock 2021 housing crash bears

Housing Wire

An index of 100 is equal to the level of contract activity in 2001.” I can tell you that these people don’t have the training to read housing or economic data correctly. Last week, I wrote about how the existing home sales markets outperformed my peak sales range in the past two sales reports. in October.

Inventory 532
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One-third of real estate CEO comp is variable, up from 2016

Housing Wire

When we started publishing this report in 2001, we found that variable compensation for sales managers, who are focused on recruiting, was about 15% to 20% of their salary,” says Murray. “So, One area where variable compensation hasn’t changed, however, is that of chief marketing officers (CMO) and chief technology officers (CTO).

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Why home-price growth is still up 18% year over year

Housing Wire

While the growth rate is cooling monthly, we are still in a savagely unhhealthy housing market trying to get national inventory levels back to pre-COVID-19 levels. Total Inventory had been growing from 2001-2005; total listings data in 2005 was at the higher historical range of 2.5 Housing inventory issue with no booming demand.

Inventory 397
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Interfirst, the phoenix of mortgage, lays off hundreds

Housing Wire

Interfirst Mortgage , the retail mortgage business he founded in 2001, had grown to $14.5 The historically low interest rates that led to a boom in refinances in 2012 had ended, and Interfirst struggled to maintain volumes in following years as the market turned to purchase. In 2012, Dmitry Godin was seemingly on top of the world.

Mortgage 370