Agents should be prepared to answer their buyer's mortgage questions, including types of mortgages, lender guidelines, preapproval vs. prequalification and the closing process in the area.
Overspending? Here’s how real estate agents can rein it in
Overspending is a significant challenge that almost every real estate agent has to face. However, with the right strategies and practices in place, you can rein in your spending and significantly grow your profits.
Matterport Q1 revenue jumps as subscribers unexpectedly grow
On a quarterly earnings call Tuesday, Matterport told shareholders, analysts and media attendees that total revenue for the first quarter of 2023 was $38 million, a 33 percent increase from quarter one last year.
Blend trims Q1 loss as $37.3M in revenue beats guidance
While the mortgage industry has been shrinking, Blend says it has been building its market share, processing 23.2 percent of mortgages originated in H2 2022.
NAR chief economist: ‘The Fed made a mistake’
At the Realtors Legislative Meetings' Residential Economic Issues and Trends Forum, Lawrence Yun predicted total home sales would bottom out this year before ticking up in 2024.
Compass revenue drops in Q1, but losses continue improvement
The brokerage brought in a total of $957 million in revenue and lost $150 million. The results are something of a repeat from the fourth quarter of 2022.
Airbnb posts first profitable Q1 as revenue climbs to $1.8B
The short-term rental platform has doubled in size since the start of the pandemic as the number of rentable homes increased by 18 percent from last year, according to earnings data released Tuesday.
Realty One Group hires David Romero as VP of Growth
A prominent figure in Southern California real estate for three decades, Romero will help lead Realty One Group's continued expansion.
Big Purple Dot launches recruiting tool for mortgage lenders
BPD Recruit taps CoreLogic data to let lenders see who their competitors' most productive loan officers are, then automates the process of luring them away.
Miami Beach formally recognizes Pacaso’s co-ownership model
Miami Beach officials passed an ordinance that approves co-ownership but requires the presence of a local property manager as well as adherence to a code of conduct, it was announced in April.
What can landlords look for when screening tenants for a rental?
An ineffective screening process can fail to block a potential threat to an investment property, experts told Inman. Here's a few more screening tips landlords might want to consider.
Soaring spring home prices are very real — and widespread: NAR
For now, a seasonal surge in home activity has arrested falling prices in most U.S. markets, according to Q1 metro home price data released Tuesday by the National Association of Realtors.
Outfoxed! Rupert Murdoch paid 20% over ask for Manhattan co-op
The Fox News founder paid nearly 20 percent — or $5.2 million — above the $30 million asking price on the 6,500-square-foot Hampshire House unit he he bought in February, according to disclosures.
Fair housing training for agents will be mandatory under NAR proposal
The National Association of Realtors' Board of Directors will vote Thursday on requiring its 1.5 million members to complete two hours of fair housing training every three years beginning in 2025.
WeWork takes bite out of losses as debt overhaul starts to pay off in Q1
The co-working behemoth posted a net loss of $299 million in the first quarter, a $205 million improvement from a year earlier, according to Q1 earnings data released Tuesday morning.
Ocrolus taps OpenAI to sift more mortgage apps — without humans
The document automator's analysis of borrower-supplied mortgage documentation provides "full-stack capabilities," helping lenders capture data fields, detect fraud and analyze cash flows.
Miami Realtors get free Milestones Labs home management app
Sixty thousand South Florida agents and brokers will be able to provide buyers and sellers with self-branded online homeowner portals, the Miami Association of Realtors announced Tuesday.
The Agency grows Midwest presence with office in Indianapolis
In March 2022, the brokerage made its first foray into the Midwest with a location in Birmingham, Michigan. Managing Partner Traci Garontakos is leading The Agency Indianapolis.
At Home With Jamie Bernstein
Leonard Bernstein’s country house hasn’t changed much since he hosted Stephen Sondheim and Jerome Robbins there. His daughter is OK with that.
The Real Star of Bradley Cooper’s Film “Maestro” May Be a House
Leonard Bernstein’s country house hasn’t changed much since the composer hosted Stephen Sondheim and Jerome Robbins there. Jamie Bernstein is OK with that.
