In the latest RISMedia webinar—“How to Leverage AI for More Efficient Revenue Generation”—panelists Carrie Soave, REALTOR® at eXp Realty; Robert Lucido, chief strategy officer of Lucido Global, CEO of Lucrativ and director of Moxie Mortgage; and Brian Hoialmen, chief strategy officer of Lofty, discuss the importance of AI in enhancing agent productivity, optimizing brokerage operations…
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Mortgage rates ticked down a little this week as experts point to ongoing stability in rates being a plus for some buyers, while still presenting challenges to first-time buyers. The latest Primary Mortgage Market Survey® (PMMS®) released by Freddie Mac Thursday shows the 30-year fixed-rate mortgage (FRM) averaging 6.65%, down slightly from last week’s average…
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Is anyone Keeping Up With the Joneses anymore? The popular phrase, coined by a comic strip of the same name created by Arthur R. “Pop” Momand in 1913, refers to the phenomenon associated with people comparing themselves to their neighbors and striving to maintain a similar lifestyle—often accompanied by acquiring material possessions to appear equally…
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Above: Min Alexander As any real estate professional can attest, buying and selling a home is so much more than simply making or accepting an offer and exchanging keys. It’s often a long, arduous process that can be complicated and daunting for clients—and it’s the job of those in the industry to pursue new ways…
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The Jason Mitchell Group (JMG) has announced record earnings for 2024. The company, with operations in 42 states, reports finishing last year with approximately 820 agents nationwide (now 1200+) completing 10,277 closings and $5.1 billion in transaction volume. The company reported year-over-year transaction growth of around 23%. From an earnings perspective JMG reported an 18%…
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Above: Morgan Carey Real Estate Webmasters has introduced an impactful update to its CRM: the “Conversations” metrics. Designed to address a critical gap in call tracking and reporting, Conversations gives team leaders and agents deeper insights into lead engagement and agent performance. By focusing on the interaction rather than just call volume, Conversations aligns with…
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Let’s be real—picking up the phone can feel like stepping onto a battlefield. That little device suddenly weighs a thousand pounds. And the excuses? Endless. “I don’t want to bother people.” “I’ll do it later.” “I’m just not good at it.” Sound familiar? Listen, you’re not alone. Fear of prospecting is one of the biggest…
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Forbes Global Properties and Concierge Auctions, the exclusive auction provider to Forbes Global Properties, have announced a new strategic alliance. The companies say the collaboration will leverage the global presence of both brands to further expand their reach and offer opportunities to high-net-worth buyers and sellers worldwide. With a presence in 26 countries and over…
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Mortgage application activity was down a bit from last week, but remained at a noteworthy weekly and annual pace. According to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association (MBA) for the week ending March 21, the Market Composite Index (a measure of mortgage loan application volume) decreased 2.0% from the previous…
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After essentially putting off a decision on the Clear Cooperation Policy for several months despite significant pressure, the National Association of REALTORS® (NAR) yesterday offered what appeared to be its final decision, toeing a narrow line by affirming the controversial MLS rule while creating a new category to allow “flexibility” for keeping listings off consumer-facing…
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Mortgage. Appraisal. Market. Agent. Millage. Acre. Those are the kinds of M and A words normally associated with residential real estate. Not M&A as in Mergers and Acquisitions. But the latter has more and more become industry news lately, in addition to frequent consolidations as well, with smaller firms joining national brands in order to…
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This week let’s talk about optimism—why it’s a game-changer in leadership, performance, and life itself. “Do you think you can, or do you think you can’t? Either way, you’re right.” – Henry Ford To live an extraordinary life, you need a strong psychological foundation—one that can withstand adversity while remaining adaptable to change. I often…
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The Jason Mitchell Group (JMG) has announced that The Tim Potempa Team at E Mortgage has joined its expanding network of B2B lending partnerships. The company says the partnership signifies a growth opportunity for the team via JMG’s proven business model. Led by Tim Potempa, The Tim Potempa Team has established itself as one of…
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The legal battle over commission policy continues as plaintiffs in the MLS PIN lawsuit push back against the Department of Justice’s (DOJ) objections to the proposed settlement. Filed on behalf of homesellers, the lawsuit aims to change the MLS’s established commission rules, but the DOJ has yet again argued that the proposed settlement does not go…
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People don’t normally DIY it when a lawyer, electrician or other professional is needed. But some homeowners think selling their properties with no agent will save gobs of money on commissions. Almost always they come to regret it, settling on a price that could have been better, not to mention spending way more time on…
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A slight decline in mortgage rates, coupled with limited existing inventory, helped new home sales inch higher in February, in spite of persisting affordability issues that serve as major headwinds in a market that is just beginning to adjust to the new rate environment that has been just as persistent since 2022. The latest figures…
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PropStream, a real estate data and lead-generation platform, has announced its participation in the upcoming Deal Champs Summit, taking place April 4–5 at Table Mountain Casino in Fresno, California. The Deal Champs Summit is bringing together some of the industry’s top investors to share their experiences, advice and tactics for scaling real estate businesses to…
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Above, CoreLogic’s new Cotality logo and branding CoreLogic has announced its global rebrand to Cotality, marking the company’s progression in property information, analytics and data-enabled solutions from its origins in financial services supporting the mortgage industry. This rebrand introduces a new name, logo and brand identity that reflect the company’s transformation into an information services…
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Consumer confidence fell for the fourth consecutive month, registering below the threshold for recession indicators for the second straight month—reflecting many consumers’ continued apprehension toward the economy, according to the latest data from The Conference Board. The Consumer Confidence Index® fell by 7.2 points in March to 92.9, similar to the seven-point decrease seen last…
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In January 2025, home prices across the U.S. rose by 4.1% year-over-year, per the latest findings of the S&P Global and CoreLogic Case-Shiller Index, up very slightly from 4% the previous month. The index, which runs on a two-month lag, had previously reported a 3.6% annual increase during October 2024, a 3.8% increase during November…
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