Homeowners looking for a reverse mortgage may have to undergo a second appraisal in certain circumstances, thanks to new guidance from the Federal Housing Administration (FHA). Under the new requirement, homeowners will have to provide a second property appraisal before receiving a Home Equity Conversion Mortgage (HECM), commonly referred to as a reverse mortgage, if the FHA […]
This fall, we’re launching the Inman Luxury Network, an interactive directory of the best and brightest agents in luxury real estate. It’s specifically designed to connect you to other top-producing agents and generate more referrals for your business. How can you get in the directory? We’re taking the first class of inductees for the Luxury […]
What To Read This Weekend Keller Williams agent killed by husband in murder-suicideBY PATRICK KEARNS | SEP 25 Realogy is launching its own iBuyer serviceBY VERONIKA BONDARENKO | SEP 25 MoxiWorks blasts Compass for agent productivity claimsBY PATRICK KEARNS | SEP 25 Keller Williams gets into iBuyingBY PATRICK KEARNS | SEP 27 Compass raises […]
Nick Segal, president of Pacific Union International Southern California, discusses why his company sold to Compass, how the integration is going and his new self-help book “On Your Terms.” Source: click here
The company will use the money to accelerate integration of its in-house mortgage services, title services and buyer’s brokerage (via a recent acquisition of another startup, Open Listings) into its core offering to homesellers, and to continue its expansion from a current 16 markets to 50 markets by 2020. Source: click here
Although you might not let a robot negotiate a real estate deal on your behalf, you probably wouldn’t mind letting it handle all the grunt work, right? Here are four real estate robots that’ll change how you do business. Source: click here
When you set expectations from the start with your clients, you’re creating the tone for the collaborative process that is buying and selling real estate. We asked agents all over the country how they set boundaries and client expectations. Here’s what they said. Source: click here
Do you feel like technology, specifically your email inbox, is inundating you with so much information you can hardly keep your head above water? Check out these tips for taking back control and making your inboxes work for you instead of the other way around. Source: click here
Pending home sales, in which a contract is signed but the sale has not yet closed, dropped 2.3 percent in August — the eighth consecutive month of annualized declines, according to the latest National Association of Realtors Pending Home Sales Index, released Thursday. Low inventory and rising home prices propelled the latest decline, pulling the Pending Homes […]
Mortgage rates have continued their upward march to the highest level since April 2011, according to the latest Primary Mortgage Market Survey from Freddie Mac. The rate for a 30-year fixed-rate mortgage averaged 4.72 percent for the week of September 27 — only 0.6 percentage points from the recent 4.72 percent high seen on April 28, 2011. Last week, the […]
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