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Real Estate News

Era Ventures launches record-breaking $88M real estate fund

Inman Real Estate News - Wed, 09/18/2024 - 10:03
Clelia Warburg Peters, Era Ventures' founder, is the first woman to raise an initial fund of this size in the real estate category. The fund will distribute capital across various stages of innovation.
Categories: Real Estate News

Upfront lands $2.5M in funding to streamline credit access for agents

Inman Real Estate News - Wed, 09/18/2024 - 08:48
Even before the commission crunch, real estate agents have struggled to make ends meet. Through brokerage partnerships, Upfront aims to ease access to credit for working agents.
Categories: Real Estate News

The long view: Take the Inman Intel Index survey for September

Inman Real Estate News - Wed, 09/18/2024 - 04:00
A month into the NAR settlement era, the Inman Intel Index is tracking the impact on buyers, sellers, agents and brokerages. Add your voice to real estate's most ambitious monthly survey today.
Categories: Real Estate News

5 strategies for unleashing your negotiation power in real estate 

Inman Real Estate News - Wed, 09/18/2024 - 03:00
If you want to be a better negotiator, pace yourself, come prepared with examples in hand, and collaborate to arrive at the best possible decision for your clients, trainer Bernice Ross writes.
Categories: Real Estate News

7 tips for guiding homebuyers through the VA loan process

Inman Real Estate News - Wed, 09/18/2024 - 03:00
Are your clients considering a Veterans Affairs home loan? Let Clever Real Estate’s Luke Babich walk you through the most common pain points to help ease the process for your buyers.
Categories: Real Estate News

Attorneys request $226M from NAR and HomeServices deals

Inman Real Estate News - Tue, 09/17/2024 - 18:55
Law professor estimates the plaintiffs' law firms are asking for only 3 percent of the total value of the deals when 'historic' business practice changes are taken into account.
Categories: Real Estate News

Umansky threatens to sue NAR as pocket listing pressure mounts

Inman Real Estate News - Tue, 09/17/2024 - 17:27
The Agency CEO and founder said he plans to revive a lawsuit against NAR over a pocket listing network. The threat came days after NAR officials convened to reevaluate Clear Cooperation.
Categories: Real Estate News

Oregon real estate brokerages merge under RE/MAX banner

Inman Real Estate News - Tue, 09/17/2024 - 16:26
Announced Friday, the merger will unite RE/MAX Key Properties and West + Main Homes Oregon. The new company will tout the RE/MAX name and resume operations with nearly 90 agents.
Categories: Real Estate News

Michael Jordan’s Northern Chicago mansion scores potential buyer

Inman Real Estate News - Tue, 09/17/2024 - 15:44
After 12 years on the market, Jordan’s Highland Park mansion is finally in contingency following price cuts totaling nearly $15 million. In the end, the final list price clocked in at $14.855 million.
Categories: Real Estate News

Pennymac joins Rocket in boosting conforming loan limit to $802,650

Inman Real Estate News - Tue, 09/17/2024 - 14:33
Lenders have gotten into the habit of helping some homebuyers avoid jumbo loans by raising their limits before an official announcement by Fannie Mae and Freddie Mac's federal regulator.
Categories: Real Estate News

Christine Jacobson, formerly of NextHome, heads to Realtor.com

Inman Real Estate News - Tue, 09/17/2024 - 14:12
Christine Jacobson has joined Realtor.com as senior vice president of B2B marketing. In her new role, Jacobson will expand the portal's B2B offerings in a bid to help agents grow their business.
Categories: Real Estate News

Fathom Realty agrees to pay $2.95M to settle commission suit

Inman Real Estate News - Tue, 09/17/2024 - 11:20
The company denied wrongdoing and said it had agreed to settle with plaintiffs in an attempt to move on and continue growing the business.
Categories: Real Estate News

Mariah Carey has racked up $18.6M in mortgage debt

Inman Real Estate News - Tue, 09/17/2024 - 11:03
After buying a Tribeca penthouse for $9 million cash in 1999, the pop star has borrowed millions in loans on the pad's equity in order to fund her lavish lifestyle.
Categories: Real Estate News

GreenLite’s permitting software approved, earns $28.5M Series A

Inman Real Estate News - Tue, 09/17/2024 - 11:00
Construction permitting software company GreenLite has closed on a Series A round of funding of $28.5 million.
Categories: Real Estate News

Mortgage payments cheaper than rent in nearly half of all US metros

Inman Real Estate News - Tue, 09/17/2024 - 10:40
Mortgage rates have dropped to their lowest levels since 2023 in 22 of the 50 largest U.S. metros — even as rent prices continue to rise, according to a new analysis from Zillow released on Monday.
Categories: Real Estate News

Tongo’s agent-focused finance app ready for market

Inman Real Estate News - Tue, 09/17/2024 - 07:00
A new solution to help brokers administer financial benefits to agents is now available from Tongo, a company that “builds financial products that cater to the needs of the commission economy."
Categories: Real Estate News

How can I really be sure sellers will pay the buyer’s agent (me)?

Inman Real Estate News - Tue, 09/17/2024 - 04:00
The new commission rules are confusing. Compliance expert Summer Goralik unpacks whether it’s possible to confirm if a seller is willing to compensate buyer’s agents.
Categories: Real Estate News

Frustrated? Here’s why leaving NAR won’t solve the problem

Inman Real Estate News - Tue, 09/17/2024 - 04:00
Despite its problems, brokerage CEO Sean Frank writes, NAR membership is still the logical option for real estate professionals.
Categories: Real Estate News

How to limit the cost of the nibble (and win the negotiation)

Inman Real Estate News - Tue, 09/17/2024 - 03:00
Whether it’s buyers trying to nickel and dime your sellers or sellers asking for a piece of your commission, trainer Bernice Ross writes, the key is to put your foot down and say no.
Categories: Real Estate News

6 must-have safety tools to protect and boost your business

Inman Real Estate News - Tue, 09/17/2024 - 03:00
If you want to add to your safety and security toolbox, build value, protect your clients and stay safe in the field, check out these recommendations from Tracey “The Safety Lady” Hawkins.
Categories: Real Estate News