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Inman News
Chicago voters to decide whether to hike real estate transfer tax
Proponents said the measure would raise $100 million per year. Chicago Realtors said the tax was volatile and not a reliable funding stream.
Douglas Elliman posts mounting losses, declining revenue in Q3
The New York-based brokerage reported consolidated revenues of $251.5 million in Q3, a drop from the third quarter of 2022 when it tallied $272.6 million in revenue, according to an earnings call Wednesday.
Welcome Homes launches new tools in bid to ease housing crunch
Welcome Homes, a hybrid homebuilder and proptech company, announced its new "Make-an-Offer" module and an artificial intelligence-backed land analysis report on Wednesday.
LoanDepot warns more layoffs are coming — but on a smaller scale
With headwinds in sight for 2024, loanDepot plans to slash $120 million in annual expenses following three consecutive quarters of cuts, CEO Frank Martell said during a Q3 earnings call Tuesday afternoon.
Inman reveals winners of inaugural Best of Proptech awards for 2023
In recognition of the entrepreneurs, venture capitalists and visionaries pushing real estate forward, the "Best of Proptech" honors cap the yearlong expansion of Inman's awards program.
The job description of a loan officer has changed
According to mortgage industry expert Matt Muscat, changes in the mortgage industry and in the financial landscape have made the job of loan officer more important and challenging than ever.
The verdict is in: 4 key realities in the emerging market
With the coming appeal, writes team leader Carl Medford, it will be some time before the final verdict is reached. However, there are four key realities that you can expect to see in the days that lie ahead.
How the ‘Chinese property ban’ impacts the American dream
Newly appointed AREAA President and broker-owner Jamie Tian offers her personal perspective on the legislation and the groups that are joining together to combat hate in real estate.
Seal the deal with Instagram leads to generate 10% more business
Instagram expert Michelle Berman-Mikel teaches you to actively prospect and convert your Instagram connections into buyers and sellers who only want to work with you.
Blend now focused on growth in quest to return to profitability
Mortgage and banking tech provider reports a $41.8 million Q3 net loss with revenue down 27 percent from a year ago to $40.59 million, but company executives emphasize potential for growth.
Record 85% of Americans said October was a bad time to buy
Monthly Fannie Mae survey shows homebuyer pessimism at a high for records dating back to 2010, but a broader index aimed at capturing overall housing market sentiment improved in October.
WeWork, once thought to be the future of work, files for bankruptcy
The company filed for Chapter 11 bankruptcy in New Jersey as part of a "comprehensive reorganization" of the office space leasing giant.
Sitzer | Burnett plaintiffs’ attorneys in talks with Department of Justice
Disrupting the National Association of Realtors' use of multiple listing services as a "vehicle for higher commissions" is at the center of talks, lawyer Michael Ketchmark told Inman exclusively.
Get ready to play landlord with the latest version of The Sims
Players can experience what it's like to manage rentals in a real city, with tenants who harass each other, miss rent and commit crime.
After Sitzer | Burnett, what’s next for real estate? Pulse
Now that the first of the bombshell commission suits is in the rearview mirror, what's next? What changes are you seeing, and what changes are you making?
Mr. Cooper remains shut down one week after cyberattack
Over 4 million mortgage customers have been unable to make their payments since the company announced it had been attacked on Oct. 31.
Jamie Tian tapped to lead Asian Real Estate Association of America
At 32, the RealiFi Realty co-founder and CEO is the youngest president in the organization's history. Tian is a broker-owner in LA and was selected as a NAR '30 under 30' honoree in 2017.
Distance yourself from disaster. 10 to-dos in the wake of Sitzer
Do you feel like NAR is playing a game of chicken with your business? You're probably not alone, writes Rachael Hite. Here are 10 action steps you can take right now to build sustainability into your business.
Lack of access to credit keeps Black neighborhoods in rental loop
Access to safe, traditional credit building is especially limited in Black neighborhoods, a report from Zillow shows, highlighting lingering effects from redlining that keep those households renting instead of owning a home.
Real estate software is reaching critical mass. What’s the solution?
In physics, critical mass is a nuclear term. It’s the minimum amount of a given material that you need to set off a self-sustaining chain reaction. While that may be a good thing in nuclear physics — where you typically want to start chain reactions — you don’t usually want to see the same sort of reaction in a business setting.