The independent mortgage broker industry is gaining significant legislative momentum in Washington, with two key pieces of legislation advancing through Congress as advocates work to strengthen their role in addressing America’s housing affordability crisis. The Broker Action Coalition (BAC), which represents independent mortgage brokers nationwide, has achieved notable progress on both the trigger lead legislation ...
The aftermath of the Altadena fire has exposed significant gaps in disaster preparedness among homeowners, while revealing the complex realities of insurance claims and rebuilding in one of California’s most challenging real estate markets. For Sara Skelton, a Realtor with EXP Realty and host of The LA Real Estate Podcast, the disaster struck particularly close ...
Office buildings have become cold, institutional spaces that feel more like prisons than workplaces, according to Robert Hayman, Founder and CEO of Vibe Office Properties. His solution? Bringing the boutique hotel concept to commercial real estate. The Problem with Traditional Office Space “Too many buildings are beautiful but they all looked and felt the same,” ...
Stamford’s luxury real estate market is experiencing an unexpected demographic shift as millennial buyers wielding all-cash offers dominate high-end purchases, according to a veteran local broker. The New Face of Luxury Buyers “Over the past couple of years, you can’t imagine the number of people that come here with cash, and I’m talking about people ...
Leading Miami mortgage broker David A. Krebs says artificial intelligence and automated underwriting systems are creating a dangerous false sense of security for borrowers with non-traditional income streams. “These automated systems can be manipulated,” warns Krebs, Principal Broker at DAK Mortgage. “If there’s any kind of bonuses or RSUs where you get stock options, they’re ...
Jared White, Managing Partner at Quadrum Global, argues that traditional market data often lags behind the real opportunities in emerging real estate markets. Instead, he points to a more nuanced “gravitational force” theory that helps identify promising locations before they show up in conventional metrics. The Hidden Indicators of Market Potential “There is a gravitational ...
The real estate industry is on the cusp of a dramatic shift in how agents manage client relationships, according to Cyrus Mohseni, Co-Founder & Vice President of Strategy and Growth at The Keystone Team. Mohseni argues that artificial intelligence will soon make traditional Customer Relationship Management (CRM) systems obsolete. The End of Manual Client Management ...
The real estate industry is approaching a technological tipping point that will force many agents out of the business, according to Cyrus Mohseni, Co-Founder & Vice President of Strategy and Growth at The Keystone Team. Mohseni says the industry’s adoption of artificial intelligence will create a divide as significant as when the Multiple Listing Service ...
The path to widespread carbon capture adoption may mirror the internet’s evolution, according to AirBuild CEO David Gory, who argues that localized solutions are key to driving broader implementation. “Carbon capture isn’t going to spread or become a thing until we can decentralize it, just like the Internet didn’t become a theme until everybody had ...
“I don’t believe a tech platform should dictate how a brokerage operates,” states Michele Harrington, COO of FirstTeam® Real Estate, addressing the ongoing industry debate over listing transparency and off-market properties. “We are the industry leaders. We are the people servicing our clients. We are face to face with our sellers and our buyers every ...
The Multiple Listing Service (MLS) system is undergoing a fundamental transformation, evolving from a simple data repository into a sophisticated rules-based marketplace, according to industry experts. “We’re seeing the emergence of a rules-based business model that’s unprecedented in scope,” says John Heithaus, Chief Sales Officer at Ocusell. He points to recent developments where major industry ...
Brooke Pfautz, CEO of Vintory, says the vacation rental industry faces a predictable pattern of unpredictable disruptions that demands new thinking about business resilience. “Every seven to 10 years, there’s some kind of a black swan event,” Pfautz observes, drawing on his 17 years of industry experience. “Look at 2001 with 9/11, 2007-2008 with the ...
The vacation rental industry is facing a transparency crisis that’s holding back both property owners and managers, according to Brooke Pfautz, CEO of Comparent, who draws a striking parallel with the evolution of car buying. “It’s never been a transparent process,” Pfautz says. “Just like buying a car used to be, you’d waste weekends going ...
A groundbreaking analysis of over 6,000 vacation rental companies reveals an unexpected truth: mid-sized operators are consistently outperforming larger competitors in key quality metrics, according to new data from Comparent. “Most market leaders are middle-sized companies, from 50 to 200 properties,” says Brooke Pfautz, CEO of Comparent. “Some of the larger companies like Casago and ...
While many Colorado mountain towns crack down on short-term rentals, Western Colorado’s market remains uniquely welcoming to Airbnb investors, according to one local real estate leader. “So far, we’re not seeing those bumps, as we know in many of the areas of Colorado, it’s becoming restricted,” says Johnny Pfeiffer, Broker at Spirit Bear Realty, describing ...
