Windermere partners with zavvie on iBuyer offer comparisons
Seattle-based Windermere Real Estate has launched Windermere Offers, a program that allows the brokerage’s clients to see iBuyer offers on their home in addition to more traditional offers. The program is powered by zavvie, a real estate software company whose white-label platform helps sellers compare offers from iBuyers. Windermere Offers will be available to homeowners […]
Gorman exits Coldwell Banker amid C-Suite shakeup at Anywhere
As the housing market continues to slow, the shake-ups in brokerage executive suites continue. Anywhere Real Estate is the latest firm to undergo changes, with a series of leadership changes announced late Tuesday. According to the conglomerate, the changes are “intended to accelerate the company’s strategic priority to further integrate and simplify the home buying […]
Take action now to make 2023 your best sales year yet
Master Coach Maria Nemeth says, “Success is doing what you said you would do, with clarity, focus, ease, and grace.” Here are 13 actions you can take now to make the next 12 months the best they can be for you. Get clear about 2022. What did you do this year? Your actions this year […]
Lasting Impact: Compass’s Robert Reffkin for scaling talent attraction for rapid growth
Lasting Impact: Robert Reffkin, co-founder and CEO of Compass, founded a new brokerage from scratch with a focus on attracting and acquiring the practices of over 26,000 agents in its first 10 years in business. He took the tactic of building a national brokerage business from acquiring brokerage firms to directly acquiring agents and teams through […]
Against all odds: Brokerage lessons from firms that grew during the last recession
As we come off a boom market and head into a slowdown, it’s vital to understand how your brokerage can continue to prosper, even if we see unit sales off 30% to 40%. Historically, the biggest downturns, from 1979 to 1982 (unit sales down 49% peak to trough) and 2006 to 2009 (down 45% peak […]
The Bear is Uncaged … Again
It’s important to say when you were wrong, especially if you are prone to point out when you were right. Otherwise, you are just boasting in vain conceit. If you point it out both ways, you are just being factual. I point out when I was right a lot more on this site than in […]
Fannie Mae changes underwriting to help ‘credit invisible’ borrowers
Fannie Mae announced on Tuesday that it will make changes to its automated underwriting system in order to expand mortgage loan eligibility and simplify the loan process for underserved borrowers without credit scores. The enhancements are slated to roll out in mid-December and will include an update to borrower eligibility criteria to align with Fannie […]
Broker group calls on FHFA to spike upcoming cash-out refi fee
The chorus of mortgage brokers who are calling on the Federal Housing Finance Agency (FHFA) to remove a targeted cash-out refinance fee is growing louder. The National Association of Mortgage Brokers wants the housing regulator to consider removing the loan level pricing adjustments related to cash-out refinances, which can be up to 75 basis points […]
Secret Service: Hackers Linked to the Chinese Government Stole at Least $20 Million in COVID Benefits
NBC News reported yesterday that, according to the US Secret Service, hackers linked to the Chinese government stole at least $20 million in COVID relief benefits, including unemployment payments in “over a dozen states”: The theft of taxpayer funds by the Chengdu-based hacking group known as APT41 is the first instance of pandemic fraud tied to foreign, state-sponsored cybercriminals […]