Housing Wire
NOVEMBER 20, 2023
Real estate agents are facing a contracting issue that could seriously upend the traditional housing landscape. The Sitzer/Burnett trial out of Kansas City found the National Association of Realtors (NAR) guilty of conspiring to inflate agent commissions — sparking a debate over agent commission fees and the longstanding role of buyer agents in real estate transactions.
George Dell
NOVEMBER 20, 2023
Editor’s Note: This original Gratitude post written by George Dell appeared in The Analogue Blog on November 21, 2018. A lot has transpired in five years. (The understatement of the Century!) But our gratitude is stronger than ever after all these years. Editor’s Note: Check out the later post from November 26th, 2019 here: Does […] The post Gratitude: a Redux appeared first on George Dell, SRA, MAI, ASA, CRE.
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Housing Wire
NOVEMBER 20, 2023
Last week, I asserted that housing inventory growth had finished for the year. Turns out I was wrong! This week, the available inventory of unsold single-family homes crept up minimally. It looks like this is evidence that housing markets are returning to normal rather than a case of sellers panicking, but it’s worth keeping an eye on. After all, more sellers means more sales in 2024.
Real Estate News
NOVEMBER 20, 2023
After taking on the role of president a few months early, Tracy Kasper joined other officers for their gala moment at the association’s conference.
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 With construction projects becoming more complex, outdated processes are no longer sustainable.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.
Housing Wire
NOVEMBER 20, 2023
RE/MAX and Anywhere Real Estate can breathe a sigh of relief. The two corporate brokerages have received preliminary approval of their settlement agreements in the Sitzer/Burnett, Moehrl and Nosalek commission lawsuits. Judge Stephen Bough, who oversaw the Sitzer/Burnett trial last month in Missouri’s Western District, granted the settlements preliminary approval Monday morning.
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
Housing Wire
NOVEMBER 20, 2023
While reading about the $1.8 billion dollar damages claim assessed against the National Association of Realtors , Keller Williams and HomeServices , I wondered what impact this could have economically on the industry. I decided to break down the numbers and look at brokerage economics. Last year, nationally there were slightly over 10 million transactions of existing homes sales.
Inman
NOVEMBER 20, 2023
The Inman Intel Index goes beyond sentiment and trends by tapping into the most engaged community in real estate to understand what the industry is thinking today, and tomorrow.
Housing Wire
NOVEMBER 20, 2023
The National Association of Realtors officially installed its new leadership team for 2024 at the trade organization’s annual conference, NAR NXT, in Anaheim, California, last week. Tracy Kasper was sworn in as the new president during the event, but she assumed the role in August 2023 (three months ahead of schedule) following the resignation of former president Kenny Parcell.
Inman
NOVEMBER 20, 2023
A judge has granted preliminary approval of the franchisers' multimillion dollar settlements in Sitzer | Burnett, Moehrl and Nosalek. Final approval may happen next year.
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Housing Wire
NOVEMBER 20, 2023
California-based retail lender American Pacific Mortgage (APM) has named vice chairman Bill Lowman as its chairman of the board, succeeding APM founder Kurt Reisig. Lowman will continue his daily work as an adviser to the APM senior management while more fully guiding the company through his work on the board, the company said earlier this month. Lowman has been with the lender for more than 21 years starting from managing a founding branch to being promoted as president in 2004, CEO in 2017 an
Inman
NOVEMBER 20, 2023
At a Friday board meeting, a member of NAR's board of directors predicted "less authority" in 2024 as the embattled trade group's growing Executive Committee shoulders more responsibility.
Eyes on Housing
NOVEMBER 20, 2023
Single-family built-for-rent construction has cooled as investor interest has pulled back on tighter financial conditions, leading to flat construction conditions after recent gains. According to NAHB’s analysis of data from the Census Bureau’s Quarterly Starts and Completions by Purpose and Design, there were approximately 17,000 single-family built-for-rent (SFBFR) starts during the third quarter of 2023.
Inman
NOVEMBER 20, 2023
Twenty-five Compass agents with the most buyer-exclusive agreements and in-person interactions after 100 days of 2024 will win a trip to NYC, lunch with Leonard Steinberg and dinner at Reffkin’s home.
Eyes on Housing
NOVEMBER 20, 2023
Nonfarm payroll employment increased in 25 states in September compared to the previous month, while 22 states lost jobs. The District of Columbia, North Dakota, New Mexico, and Virginia reported no change. According to the Bureau of Labor Statistics, nationwide total nonfarm payroll employment increased by 150,000 in October, following a gain of 297,000 jobs in September.
Inman
NOVEMBER 20, 2023
The business of luxury real estate is a busy one. As agents serving the most prestigious markets, we have ambitious targets to meet and goals to achieve, and we often play the role of both the seasoned professional and savvy entrepreneur, planning for the stable, sustainable growth of our business and our brands while eagerly prospecting for emerging opportunities.
Appraiserblogs
NOVEMBER 20, 2023
To lighten the load somewhat from discussions about current highly restrictive language use in appraisal reports that tends to circumvent actual reality and truth – which can positively or adversely impact property market value, replaced with only generic, non-offensive words, I present this cartoon. It’s another word to avoid using: Obfuscation of real and accurate market data using correct written descriptions, replaced with wokeism to foster an unworkable ideological agenda, is one reason why
Inman
NOVEMBER 20, 2023
Thirty percent of rentals advertised on Zillow in October offered concessions of some sort, such as free parking or free months of rent.
BiggerPockets
NOVEMBER 20, 2023
Stop being concerned with ROI and IRR. Stop putting yourself in speculative positions. The path to wealth is boring, and this is what you should be paying attention to.
Inman
NOVEMBER 20, 2023
The National Association of Realtors installed its 2024 leadership after the board of directors meeting during its annual NAR NXT conference. Kasper started her term three months early, after the resignation of former president Kenny Parcell.
BiggerPockets
NOVEMBER 20, 2023
With 2024 approaching, it's time to take a look at your investment plans next year. Before you even think about buying a property, do this first.
Inman
NOVEMBER 20, 2023
Don't let the negative headlines get in your head, writes coach and trainer Darryl Davis. Find out how you can come from a positive place and put your best face forward right now.
BiggerPockets
NOVEMBER 20, 2023
Saving for your first rental property can take a while, but adding side hustle income could help you stockpile enough cash to buy much sooner.
Inman
NOVEMBER 20, 2023
This week, Sue "Pinky" Benson talks through the best ways to edit video for Instagram Reels. Hint: It's not within the Instagram app.
BiggerPockets
NOVEMBER 20, 2023
Stop being concerned with ROI and IRR. Stop putting yourself in speculative positions. The path to wealth is boring, and this is what you should be paying attention to.
Inman
NOVEMBER 20, 2023
Top real estate agent Joyce Rey sits down with Jon Krabbe of Agent Image to delve into the current landscape of the ultra-high-end real estate market. Join us as we discuss the unique challenges faced by luxury realtors and the evolving expectations of buyers and sellers.
Mortgagebroker News
NOVEMBER 20, 2023
BDO executive on the factors impacting lenders in the current environment
GoForrmz
NOVEMBER 20, 2023
How GoFormz can help your businesses wrap up end-of-year tasks As we’re near the end of the year, businesses are overwhelmed with many tasks to complete by January 1st. From performance reviews to preparing for tax season, these end-of-year responsibilities can stack up fast. However, with the right tools, these processes can be streamlined and easier to handle.
Mortgagebroker News
NOVEMBER 20, 2023
Anthony Venuto of CENTUM InTouch Mortgage Solutions says that both teaching and mortgage brokering have plenty of common ground
Lamacchia Realty
NOVEMBER 20, 2023
HOMES DO SELL DURING THE HOLIDAYS! Mythbuster: Homes actually DO SELL during the holiday season! Quite often, too often, in fact, REALTORS ® hear home sellers say that they want to take their home off the market for the holiday season. Their concerns usually stem from the misconception that buyers are not looking during November and December because they’re halting their search for the holidays.
BiggerPockets
NOVEMBER 20, 2023
Building wealth, saving money, getting rich—it’s much more straightforward than most people think.
Inman
NOVEMBER 20, 2023
Justin Havre and his 60-agent team in Calgary are the latest big names to move brokerages as big-name firms compete for top talent.
Housing Wire
NOVEMBER 20, 2023
The Department of Veterans Affairs (VA) is pausing foreclosures on homes financed with VA loans for six months to help military borrowers in danger of losing their homes, a department spokesperson said in a statement to HousingWire on Monday. The Veterans Assistance Partial Claim Payment program — which began July 2021 — allowed military borrowers to skip six or 12 mortgage payments during the COVID-19 pandemic if they had a financial hardship.
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