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Is Opendoor playing the builder rate buydown game?

iBuyer Opendoor’s recently launched mortgage product — which promises below-market interest rates after the company removed its markup — has sparked debate across the industry about who absorbs the cost and whether the model is sustainable. Some industry professionals view the offering as similar to the strategy many homebuilders use — providing below-market mortgage rates […]

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HannaList adds fuel to the escalating private listings war

The private listings debate just got louder. Howard Hanna Real Estate Services has launched HannaList, an internal listing network that allows Howard Hanna agents to share listings exclusively with Howard Hanna buyer agents before those properties ever reach the MLS. Combined with what Compass has built since acquiring Anywhere, two of the industry’s most significant

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NFM Lending adds South Carolina producer Phil Crescenzo Jr.

Phil Crescenzo Jr., a high-producing loan officer in South Carolina, is joining NFM Lending. The move was announced Friday on social media by NFM managing director Greg Sher. Crescenzo comes to NFM after a two-year stint as Southeast division manager for Nation One Mortgage Corp. His prior experience also includes roles as a producing branch

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Compass names Shay Artzi CTO to unify agent technology platform

With the closure of its merger with Anywhere Real Estate now in the rearview mirror, Compass International Holdings (CIH) is looking to get all 340,000 real estate professionals under its all-in-one technology platform. On Friday, the firm announced that Shay Artzi will spearhead this effort in his new role as CIH’s chief technology officer.  “Our

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NAR reaffirms MLS autonomy amid Compass-Redfin partnership

The National Association of Realtors (NAR) reaffirmed that multiple listing services (MLSs) retain discretion to set their own rules and policies regarding listing statuses — following news of Compass marketing its Coming Soon and private listings on Redfin. Compass and Redfin parent company Rocket announced the partnership Feb. 26. In an email sent to Compass

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Seniors want to age in place, but family caregivers face strains on multiple fronts

As America’s population continues to grow older, family members are increasingly stepping into demanding roles as caregivers — which often comes at considerable personal cost. A Pew Research Center survey of 8,750 U.S. adults found that one in 10 reports serving as a caregiver for a parent 65 or older. Another 3 % care for a

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How will rising oil prices impact the U.S. housing market?

As we enter another week of the Iran conflict, the question now is what will this do to the economy, but for this article, we want to focus specifically on what this conflict means for the U.S. housing market. There are currently two sides to this discussion. One camp believes the economy is still expanding

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RezeLink AI platform aims to accelerate title search workflows

Rezervology and Titl have announced the launch of RezeLink, an artificial intelligence (AI) solution designed to streamline and accelerate title search workflows. The platform will debut first for users of SoftPro — with additional title production system (TPS) integrations planned for future releases. RezeLink introduces automation capabilities designed to simplify multiple steps in the title

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Real Brokerage adds top San Diego agent Jason Cassity as chief growth officer

Jason Cassity is moving onto the executive team at The Real Brokerage from a top-producing agent and team leader role in San Diego, as the cloud brokerage creates a new chief growth officer position to drive agent growth and engagement. The Real Brokerage Inc. (NASDAQ: REAX) announced the appointment Monday, saying the newly created role

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As brokerage giants merge, Real Estate One bets on the power of local platforms

During a recent conversation about industry consolidation at Leading Real Estate Companies of the World (LeadingRE)’s annual event, Dan Elsea paused to reflect on the growth of his company. There was no sweeping strategy session and no consultants mapping out the future of the brokerage. Instead, the CEO and owner of Real Estate One Family

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