Housing Wire

JULY 21, 2023

The nation’s second largest multiple listing service , Bright MLS , will begin allowing listing agents to put in a blanket offer of compensation for buyer brokers of zero dollars or more, starting on August 9. This change appears to possibly diverge from a National Association of Realtors rule, which states that listing agents must make an offer of cooperative compensation to buyer brokers in order to list a property on the MLS.

Buyers 370

Buyers Clients Sellers Realtors 370

George Dell

JULY 19, 2023

Change. It’s clear that appraisal, as a vocation, has changed. Many appraisers are considering new careers. Others are preparing to meet new demands. Yet others are doing. nothing. Which mind are you? Escape. Retool. Or be in denial. I have taught with Valuemetrics.info for over 17 years now. And was on the […] The post Change Careers or Change Your Practice?

Appraisal 369

Appraisal 369

Sacramento Appraisal Blog

JULY 18, 2023

The weather has been scorching in so many areas across the country. I don’t know about you, but I’ve been thinking about water, lakes, and air conditioning quite a bit this week. Anyway, today I have some pool stats that I’m excited to share. I also want to show you the DIY “pool” I built […] The post The value of a pool in real estate first appeared on Sacramento Appraisal Blog | Real Estate Appraiser.

Real Estate 354

Real Estate Appraisal Marketing 354

Real Estate News

JULY 20, 2023

The nation’s second-largest MLS says this move highlights the “complete flexibility” of Bright subscribers to have “transparent negotiations with clients.

Buyers 246

Buyers Clients 246

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 With construction projects becoming more complex, outdated processes are no longer sustainable.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.

Construction

Housing Wire

JULY 20, 2023

Rocket Companies , the parent of Rocket Mortgage , offered another round of buyouts to its employees on Wednesday, a spokesperson confirmed to HousingWire. The buyout follows two rounds in 2022, in April and August, which resulted in a workforce reduction of about 30% last year. “Yesterday, we offered a voluntary career transition opportunity to several teams within the organization to better align resources with the needs of both our business and today’s mortgage market,” Mike

Human Resources 370

Human Resources Loan Officers Business Mortgage 370

Miller Samuel

JULY 18, 2023

I joined Dennis Scully again on The Business of Home podcast: The Thursday Show: A real estate check-in with Jonathan Miller, why Gen Z loves dupes and more. A lot has happened since our previous conversation back in July 2022. Other than having quality issues with my microphone , I really enjoyed the conversation. It starts at the 25:22 mark. [click on the image to play] The post [Business of Home Podcast] A Real Estate Check-In With Jonathan Miller first appeared on Miller Samuel Real Estate A

Real Estate 195

Real Estate Business Appraisal Decorating 195

Real Estate News

JULY 21, 2023

A correction doesn't seem likely this year, but things could improve in 2024 if mortgage rates settle around 5%, says economist Matthew Gardner.

Housing Market 243

Housing Market Marketing Mortgage 243

Housing Wire

JULY 18, 2023

Minneapolis-based U.S. Bank , the fourth-largest U.S. mortgage lender, is laying off staffers in its mortgage division this week, a spokesperson confirmed on Tuesday. The announcement follows a decline in its mortgage originations in the first quarter of 2023 – the second-quarter earnings will be released on Wednesday morning. The current jobs cut also comes amid rumors that depositary lenders would see changes to their residential mortgage capital requirements under the Basel III regulations.

Mortgage 370

Mortgage Retail Lending Business 370

The Appraiser Coach

JULY 18, 2023

We all have our hobbies. I’ve talked to people who enjoy everything from quilting to drag racing to bird watching, and everything in.

Inspection 195

Inspection Advertising Business Real Estate Agent 195

Advertiser: Trellis

Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.

Real Estate

Inman

JULY 20, 2023

Find out how this top producer turned digital marketing expert created a platform to help agents thrive online in Brandon Doyle's latest Snapshot profile.

Real Estate 148

Real Estate Agents Marketing 148

Real Estate News

JULY 18, 2023

While rising interest rates have slowed the rate of increase, confidence is at its highest level in more than a year.

Buyers 239

Buyers 239

Housing Wire

JULY 17, 2023

With real estate inventory at a near-record low, buyers seeking a place to call home are facing stiff competition as bidding wars continue to be commonplace. In such an environment, buyers may feel pressure to bypass steps in the transaction to make their bid more attractive to the seller, but they should be wary that taking shortcuts can expose them to fraud.

Sellers 367

Sellers Real Estate Agent Real Estate Insurance 367

Robinson Appraisal Group

JULY 17, 2023

Maryland is facing a serious housing shortage that is impacting the entire state, but especially the Baltimore Metropolitan area. The low inventory of available homes combined with high interest rates has made it difficult for potential buyers to find an affordable home in the area. This has caused a decrease in overall real estate sales, and an increase in rental prices.

Inventory 141

Inventory Landlords Real Estate Realtors 141

Inman

JULY 20, 2023

Starting Aug. 9, the nation's second-largest MLS will allow listing brokers to offer buyer brokers nothing in compensation, according to an announcement from Bright.

Buyers 148

Buyers Realtors 148

Real Estate News

JULY 20, 2023

The 30-year fixed-rate mortgage averaged 6.78% this week, down from nearly 7% a week before, suggesting that cooling inflation is having an effect.

Mortgage 222

Mortgage 222

Housing Wire

JULY 19, 2023

The dour housing market over the past 18 months has thrust struggling independent mortgage lenders (IMBs) into what seems like a pot of water that is coming slowly to a boil. As the heat rises, so too does the number of lenders seeking to exit the market. The trajectory of merger and acquisition (M&A) deals bears that reality out. The pace of M&A deals in the IMB market in 2022 and projected for 2023 combined is expected to be more than double the mark set during the unicorn lending year

Mortgage 365

Mortgage Marketing Lending Buyers 365

Eyes on Housing

JULY 18, 2023

Low existing inventory that is keeping demand solid for new homes helped to push builder confidence up in July even as the industry continues to grapple with rising mortgage rates, elevated construction costs and limited lot availability. Builder confidence in the market for newly built single-family homes in July posted a one-point gain to 56, according to the National Association.

Construction 139

Construction Inventory Mortgage Marketing 139

Inman

JULY 20, 2023

The 2023 Inman Innovator Awards finalists range from true upstarts to established players, with each offering a new vision for real estate. Winners will be announced live in Las Vegas, Aug. 8-10.

Real Estate 148

Real Estate Brokerage Agents 148

Real Estate News

JULY 20, 2023

The latest ATTOM home sale report found that second-quarter profit margins rose for the first time in a year.

Sellers 211

Sellers Marketing 211

Housing Wire

JULY 16, 2023

We finally got a break on mortgage rates last week as the 10-year yield hit a critical level and quickly reversed lower, sending mortgage rates down. Active listings showed growth, week to week, but much smaller than I would like to see. Purchase application data showed some growth weekly, keeping alive the streak of more positive data than negative data year to date.

Housing Market 365

Housing Market Marketing Inventory New Listings 365

Eyes on Housing

JULY 17, 2023

Over the first five months of 2023, the total number of single-family permits issued year-to-date (YTD) nationwide reached 357,143. On a year-over-year (YoY) basis, this is 24.7% below the May 2022 level of 473,997. Year-to-date ending in May, single-family permits declined in all four regions. The Northeast posted the lowest decline of 14.7%, while the West region reported the steepest.

Construction 132

Construction Marketing 132

Inman

JULY 20, 2023

Find out how this Texas broker-owner and serial entrepreneur digs deep into the operational details while keeping an eye on the big picture.

Real Estate 148

Real Estate Brokerage 148

Real Estate News

JULY 18, 2023

NWMLS launches app; New Mexico MLS adopts Aligned Showings; CRMLS updates member dashboard; iGo acquires products; Clear Capital integrates with ICE API; more.

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198

Housing Wire

JULY 17, 2023

Intercontinental Exchange (ICE) and Black Knight agreed to sell Black Knight’s product and pricing engine unit Optimal Blue business to a subsidiary of Canada’s Constellation Software in an effort to save the merger deal. The $700 million proposed transaction includes a payment by Constellation of $200 million in cash, with the remainder financed by a $500 million promissory note issued by Constellation to Black Knight, as a subsidiary of ICE, at the closing of the transaction, the two companies

Valuation 363

Valuation Business Finance Investing 363

Eyes on Housing

JULY 18, 2023

While US homeownership rates have been rising since 2015 and received an extra boost during the post-pandemic housing boom, they remain below the levels reached during the housing boom of the mid-2000s. With the national trends reflecting fundamental drivers of homeowners, local markets often tell different and unique stories. NAHB’s analysis of the 2021 5-year ACS county-level data reveals substantial.

Marketing 120

Marketing 120

Inman

JULY 17, 2023

Summer is in full swing, and the real estate market is heating up along with the weather. It's time to update your marketing for the season, Rainy Hake Austin writes.

Real Estate 148

Real Estate Marketing Brokerage Agents 148

Real Estate News

JULY 20, 2023

NAR reported that existing home sales fell in June and dropped nearly 19% year-over-year. But median sale prices reached a near-record high.

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197

Housing Wire

JULY 20, 2023

In the competitive world of real estate, effectively and consistently securing listings is the key to success. Whether new to the industry or a seasoned vet, it’s important to keep an open mind and innovate your strategies. By embracing different opportunities, agents can expand their chances of securing more listings and growing their business.

Housing Market 354

Housing Market Marketing Real Estate Client Relationships 354

GoForrmz

JULY 20, 2023

Originally published on 02/13/2019 Hear from seven current construction customers and discover how mobile forms can take your operation to the next level The workplace has evolved drastically, shifting to innovative, dynamic tools to help streamline work and bolster productivity. Unfortunately, despite these advancements, field teams are often left in the digital dust – burdened by archaic, manual tools that hinder efficiency and welcome human error.

Construction 114

Construction Project Management Tools Modernization 114

Inman

JULY 17, 2023

So which outdoor amenities are particularly in-demand among luxury buyers in today's market? Here are six of the most frequently requested — and why they matter.

Buyers 148

Buyers Marketing Agents 148

Real Estate News

JULY 17, 2023

The company's "right to list" agreements gained national attention in December, and civil and legislative actions are ongoing.

Realty 196

Realty 196

Housing Wire

JULY 18, 2023

Agent recruitment has been off to a strong start this month at The Agency Dallas. In recent weeks the brokerage has welcomed brokers and agents who have collectively closed over $110 million in the last 12 months, the company claims. Among those top performing agents are Grecia “GG” Garza, Francisco Rizo, Bret Whitfield and Eddie Wilbanks. Garza is joining The Agency after nine years at Rogers Healy Associates , where she closed $20 million in sale volume last year.

Agents 351

Agents Loan Officers Brokerage Clients 351