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John L. Scott CEO unpacks AI strategies and MLS consolidation
The conversation touches on the transformative impact of artificial intelligence across sectors and the need for MLS consolidation.
LeadingRE adds Smartify Media for digital display technology
Smartify’s platform turns storefront windows into interactive displays that promote real estate brands and property listings to drive local engagement.
Mortgage application payments declined in June, indicating improved affordability
The national median payment for purchase mortgage applicants decreased to $2,172 in June, down from $2,211 in May.
Vishal Garg says Better’s AI could underwrite 75% of mortgages by year’s end
Better’s CEO said that 40% of its mortgages today are being underwritten by AI through the Tinman platform.
Cardinal Financial launches loan processing solution for mortgage brokers
Cardinal Financial Wholesale has introduced Cardinal Complete, a new loan processing solution aimed at streamlining operations for mortgage brokers.
Mortgage applications drop after weeks of growth
Overall, purchase application volume is up 6% compared to last year at this time, said MBA’s chief economist Mike Fratantoni.
DOJ to participate in oral arguments in REX appeal
The Department of Justice (DOJ) got its wish. On Friday, the Ninth Circuit Court of Appeals granted the DOJ’s request to speak at oral arguments in an appeal filed by now-defunct discount brokerage REX Real Estate in its lawsuit against the National Association of Realtors (NAR) and Zillow.
Clear cooperation sparks debate, but dual agency deserves the spotlight
The debate on Clear Cooperation Policies (CCPs) continues, with the real estate industry almost unanimously rallying behind these supposedly virtuous rules. Meanwhile, anyone challenging the status quo may be branded as “self-serving” or “indifferent to consumers.” But let’s cut through the noise and examine what’s really going on.
Real estate brokerages and the rise of the revenue share model
Revenue and profit share brokerages are looking to differentiate themselves and shed the recruiting machine image in 2025.