Sat.Oct 07, 2023

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Inventory growth slows even with higher rates

Housing Wire

Mortgage rates were scarier than Freddy Krueger last week, rising to a 23-year high as some of the labor data surprised to the upside. Unfortunately, those higher mortgage rates didn’t spur inventory growth this week, so we didn’t even get the benefit we would usually see when rates rise. And higher mortgage rates pushed purchase application data down 6% week to week.

Inventory 508
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No contingencies, more closed deals? These startups say that’s the future

Real Estate News

The CEOs of UpEquity and EasyKnock say their buy-before-you-sell products make offers stronger and help agents close more deals.

Agents 242
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UWM announces enhancements to dedicated loan coordinator service 

Housing Wire

United Wholesale Mortgage , the country’s top mortgage lender, announced an enhancement to its PA+ service on Saturday, allowing brokers and their processors to choose which part of the loan process they would like a lender’s loan coordinator to handle. Launched in May 2023 , PA+ is a service that provides a dedicated UWM loan coordinator for brokers and their borrowers to make the loan clear to close.

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Brokerage Beat: News from C21, Real, The Agency, KW, Christie's

Real Estate News

Century 21 gains three new affiliates; Real snags 50-agent brokerage; The Agency opens in Panama; KW gains Bay Area firm; Christie's expands in UAE; more.

Brokerage 214
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Unlock The Blueprint: How To Construct A Better Payment Workflow

Speaker: Timothy Allsopp

Payment challenges often lead to delayed projects, financial bottlenecks, and strained relationships. With construction projects becoming more complex, outdated processes are no longer sustainable. By refining financial workflow, companies can improve cash flow, reduce error, and foster trust between stakeholders. Discover practical strategies for redesigning payment systems to overcome workflow challenges while creating a smoother, more reliable process for contractors and subcontractors alike.

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Lesson Learned: Work hard and give back

Inman

Find out how this veteran of the fashion industry turned her knowledge of high-end retail to the business of luxury real estate.

Retail 200
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Here are the must-win everyday negotiations you’re facing now

Inman

Many negotiations take place outside of the deal. Your ability to navigate them successfully will determine whether clients work with you in the first place, broker Nick Schlekeway writes.

Clients 190