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Beyond Redfin: Zown bets on AI, salaried agents and buyer rebates
Zown is banking on a salaried agent model, buyer rebates and real estate agents who specialize as they begin U.S. expansion.
Rent collections improve slightly, but late payments signal strain
Compared with August 2024, the on-time payment rate is down 216 basis points. That marks the 25th consecutive month of annual declines.
Rocktop’s Cade Thompson on targeting inefficiencies in mortgage lending
Cade Thompson, chief growth officer at Rocktop Technologies, shared how lenders are reframing cost-cutting efforts and easing fears about AI.
MBA urges overhaul of mortgage rules in letter to OMB
The requests involve regulations tied to servicing, the Real Estate Settlement Procedures Act (RESPA) and loan officer compensation, among others.
FHA cites AI emergence as it ‘archives’ inactive policy documents
The agency has “archived” nearly 600 inactive policy documents, alluding to the utility of AI tools to locate and extract information.
Better leans on AI, sees first profitable month since 2022
CEO Vishal Garg outlined a strategy to scale partnerships, recruit seasoned LOs and diversify the company’s platform channels.
Lenders, originators and agents, let us celebrate the rise of the educated homebuyer
When industry experts think about what could lead to a significant departure of loan officers and real estate agents, two main things come to mind: AI and market conditions. Although AI and market conditions will have some level of impact, a much bigger game-changer is coming to the industry. It is the rise of the educated homebuyer, which is now in its infancy but will become the new norm within the next ten years.
HomeServices of America announces more executive changes
Alex Seavall steps into an expanded role, while Candace Adams take over Chris Kelly’s vacated role as executive vice president.
New York Times relights the fuse on NAR settlement, cooperative compensation
Debra Kamin, the Times’ real estate reporter, discussed the NAR settlement business practice changes this week on an episode of “The Daily.”
