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Miami investors lose another hotel to foreclosure auction

Aug 12, 2024

In the same week that the investment firm lost the Waldorf Astoria in Washington, D.C., to a foreclosure auction, CGI Merchant also had to let go of the Gabriel Miami Downtown in a foreclosure auction to an affiliate of Madison Realty Capital.

Realty One Group scoops up Florida indie MVP Realty

Aug 12, 2024

MVP Realty CEO Derek Carlson said moving to Realty One Group will bring agents a variety of upgrades while leaving his company's core values intact.

The market is harder for millennials than it was for boomers: Report

Aug 12, 2024

A new report in "The Wall Street Journal" found that baby boomers had an easier time navigating real estate market challenges in the 1980s than millennials do today.

NAR membership rebounds ahead of Aug. 17 settlement deadline

Aug 12, 2024

More agents are joining the National Association of Realtors ahead of the approaching Aug. 17 deadline for Realtors and MLSs to implement policy changes.

From fringe to forefront? What agent ‘steering’ will look like now

Aug 12, 2024

A survey of hundreds of real estate agents suggests that "steering" based on commissions used to be rare. After the Aug. 17 deadline, it may become ubiquitous — but with buyers in the driver's seat.

Financing a second home may be easier than your clients think

Aug 12, 2024

How you can effectively guide your clients to the right financing options for their dream vacation home.

Can you survive the squeeze from 2% commissions? The Download

Aug 10, 2024

The Consumer Federation of America raised eyebrows and hackles with its advice to pay only the equivalent of a 2 percent commission for both real estate purchases and sales.

Why you probably shouldn’t open a real estate brokerage

Aug 10, 2024

The wisest thing you can do is learn from the mistakes of others, especially when it comes to long-term career decisions that are hard to reverse, Mainframe founder and CEO Sean Frank writes.

Investors bullish on Blend on Q2 earnings and revenue beat

Aug 9, 2024

Cloud banking software provider maintains steady growth in consumer banking revenue, while reversing the decline in its main line of business of providing services to mortgage lenders.

Calque adds 2 more lenders to growing nationwide partner roster

Aug 9, 2024

Austin, Texas-based fintech's flagship product, "The Trade-In Mortgage," helps homebuyers make non-contingent offers and removes their current house from debt-to-income calculation.

Lofty acquires real estate CRM company Firepoint

Aug 9, 2024

There is a good deal of feature overlap between the Lofty and Firepoint, with both providing the market website creation and content management, AI assistants and lead generation and oversight. However, Lofty ventures into transaction management, omnichannel lead-gen and as of recently, property management.

Offerpad confirms layoffs after ‘restructuring’ amid down market

Aug 9, 2024

The iBuyer declined to confirm how many employees have been let go. Recent SEC filings show widespread cuts compared to a year earlier.