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LendingPulse Q2 2023 survey: Mortgage pros share their biggest concerns, market outlook

Housing Wire

Industry players are largely pessimistic about the economic climate and expect interest rates to trend up in the near term future, according to the HousingWire Q2 2023 LenderPulse survey. None of the surveyed mortgage professionals said staff cuts caused decreased ability to close loans and lack of training were the challenges they faced.

Marketing 417
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Midwest housing markets good for first-time homebuyers: Zillow

Housing Wire

The number of first-time homebuyers made up 32% of all buyers in 2023, according to a report released by the National Association of Realtors. The housing train is slowing down just enough to give more first-time buyers an opportunity to hop on board,” Divounguy said.

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Tom Ferry launches AI coaching chatbot TomAI

Housing Wire

The firm describes TomAI as a “version of ChatGPT trained on 20+ years proven-effective real estate strategy from hundreds of the industry’s leading coaches and thousands of market-dominating agents.” A beta version of the tool launched in August 2023 for Tom Ferry coaching clients. or 8 p.m.”

Tools 440
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How top LO Thuan Nguyen plans to grow his business in 2023

Housing Wire

Forecasting another purchase market in 2023, Nguyen started using his proprietary software for something new – to pursue relationships with realtors. “I I never had to work with realtors, but now I spend a lot of time working with realtors – supporting them and partnering with them,” Nguyen said in an interview with HousingWire.

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Lamacchia Realty continues acquisition spree with Berkshire Dream Home

Housing Wire

According to the release, in was the top firm in Berkshire County for transaction sides in 2022 and 2023. I have no doubt that together we will be even stronger and will serve all the clients and Realtors even better.” Berkshire Dream Home was founded in 2014 by Andy and Sarah Perenick.

Realty 448
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Q4 BrokerPulse: Commission lawsuits spur proactive changes for real estate brokers

Housing Wire

As the commission lawsuits heat up, real estate brokers are gearing up to add buyer representation agreements and training, cut costs and hone value propositions, according to RealTrends Q4 2023 BrokerPulse survey. Some 22% said they were pessimistic, compared with 14% in the Q3 2023 survey.

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6 best real estate lead generation websites for 2023

Housing Wire

Whether you’re a seasoned real estate agent looking to expand your reach or a newcomer eager to establish your digital footprint, ahead we delve into the best real estate lead generation websites for 2023. According to the National Association of Realtors (NAR), some 96% of homebuyers use the internet in their home search.