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<?xml version="1.0" encoding="UTF-8"?><rss version="2.0" xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:wfw="http://wellformedweb.org/CommentAPI/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:atom="http://www.w3.org/2005/Atom" xmlns:sy="http://purl.org/rss/1.0/modules/syndication/" xmlns:slash="http://purl.org/rss/1.0/modules/slash/" xmlns:georss="http://www.georss.org/georss" xmlns:geo="http://www.w3.org/2003/01/geo/wgs84_pos#" xmlns:media="http://search.yahoo.com/mrss/"> <channel> <title>HousingWire</title> <atom:link href="https://www.housingwire.com/feed/" rel="self" type="application/rss+xml" /> <link>https://www.housingwire.com/</link> <description>HousingWire is the nation's most influential source of news and information on housing and mortgage lending.</description> <lastBuildDate>Wed, 24 Apr 2024 16:30:14 +0000</lastBuildDate> <language>en-US</language> <sy:updatePeriod> hourly </sy:updatePeriod> <sy:updateFrequency> 1 </sy:updateFrequency> <generator>https://wordpress.org/?v=6.4.4</generator> <image> <url>https://www.housingwire.com/wp-content/uploads/2023/10/cropped-favicon-bg.png?w=32</url> <title>HousingWire</title> <link>https://www.housingwire.com/</link> <width>32</width> <height>32</height></image> <site xmlns="com-wordpress:feed-additions:1">165477913</site> <item> <title>Mr. Cooper delivers $48M profit in Q1 2024 </title> <link>https://www.housingwire.com/articles/mr-cooper-delivers-48m-profit-in-q1-2024/</link> <comments>https://www.housingwire.com/articles/mr-cooper-delivers-48m-profit-in-q1-2024/#respond</comments> <dc:creator><![CDATA[Sarah Marx]]></dc:creator> <pubDate>Wed, 24 Apr 2024 16:30:09 +0000</pubDate> <category><![CDATA[Mortgage]]></category> <category><![CDATA[Servicing]]></category> <category><![CDATA[Earnings]]></category> <category><![CDATA[Mr. Cooper Group]]></category> <guid isPermaLink="false">https://www.housingwire.com/?p=457937</guid> <description><![CDATA[Mr. Cooper Group unveiled strong financial results in first-quarter 2024, buoyed in part by a strong servicing and subservicing business.]]></description> <content:encoded><![CDATA[<p><strong>Mr. Cooper Group</strong> unveiled strong financial results during the first quarter of 2024, buoyed in part by a strong servicing and subservicing business. The firm reported $450 million in revenue and $48 million in net income during the first three months of the year. </p> <p>Additionally, its return on tangible common equity rose to 14.5% in Q1 2024, up from <a href="https://www.housingwire.com/articles/mr-cooper-delivers-500m-profit-in-2023-addresses-yellens-concerns-with-nonbanks/" target="_blank" rel="noreferrer noopener">12.5%</a> in the fourth quarter of 2023.</p> <p>“The company has started the year with excellent momentum, including return on tangible common equity rising to 14.5%,” Chairman and CEO Jay Bray said in a statement. “Thanks to our strategic emphasis on technology, including years of investment in AI and the cloud, Mr. Cooper is well positioned to provide our customers with world-class service, operate as a trusted counterparty for our industry stakeholders, and grow and sustain investor returns.”</p> <p>During a call with analysts on Wednesday morning, Bray touted the merits of<strong> Sagent</strong>’s new servicing software platform, <a href="https://www.housingwire.com/articles/sagent-unveils-new-servicing-platform/" target="_blank" rel="noreferrer noopener"><strong>Dara</strong></a>. The software boasts a single real-time database and user experience across the entire core, consumer and default servicing life cycle, according to the company. </p> <p>“In order to implement AI, you need a state-of-the-art platform,” Bray told analysts on Wednesday. “We embraced the cloud much earlier than our peers. In fact, we built our servicing platform to be cloud-native from the start.”</p> <p>Mr. Cooper and Sagent signed a <a href="https://www.housingwire.com/articles/mr-cooper-sagent-to-jointly-create-a-cloud-servicing-platform/" target="_blank" rel="noreferrer noopener">multiyear agreement</a> in February 2022. Mr. Cooper sold certain intellectual property rights for its cloud-based technology platform to Sagent and received a minority equity stake in the fintech company.</p> <p>Per the terms of the contract, Sagent was tasked with integrating Mr. Cooper’s consumer-first platform into a cloud-native core, then licensing the resulting cloud-based platform to banks and independent mortgage companies.</p> <p>Bray also reintroduced <strong>Pyro</strong>, Mr. Cooper’s patented mortgage-centric AI platform that the company has been developing since 2019 in partnership with <strong>Google</strong>. The platform harnesses the power of machine learning and Google Cloud Document AI capabilities to identify and sort thousands of important documents. </p> <p>“By picking the right partner for cloud and technology, we were able to reallocate resources to other strategically important projects, including building proprietary tools for customer retention, loan modification and onboarding portfolios,” Bray said. “We’ve also allocated resources to further digitize our processes in origination and servicing.”</p> <p>Mr. Cooper funded 11,599 loans in the first quarter, totaling approximately $2.9 billion in unpaid principal balance (UPB). This included $1.4 billion in direct-to-consumer originations and $1.5 billion in correspondent volume. On a quarterly basis, funded volume increased 8%, while pull-through adjusted volume increased 16% to $3 billion. Total originations generated an operating income of $32 million.</p> <p>Meanwhile, the company’s servicing portfolio ended the quarter at $1.136 billion, with UPB of $631 billion in owned mortgage servicing rights (MSRs) and $505 billion in subservicing. Servicing generated pretax operating income, excluding other mark-to-market, of $273 million in Q1 2024.</p> <p>“This environment is playing to the strengths of our balanced business model, as we are enjoying strong momentum with subservicing clients and seeing attractive opportunities to acquire MSRs, while our originations team has been very nimble in helping customers save money and access the equity they’ve built up in their homes,” Mr. Cooper President Mike Weinbach said in a statement.</p> <p><a href="https://www.housingwire.com/articles/mr-cooper-adds-to-its-executive-ranks/" target="_blank" rel="noreferrer noopener">On Tuesday</a>, Mr. Cooper Group named former <a href="https://www.housingwire.com/tag/wells-fargo/" target="_blank" rel="noreferrer noopener"><strong>Wells Fargo Home Lending</strong></a> executive Ranjit Bhattacharjee and former <strong>Piper Sandler</strong> analyst Kevin Barker to its leadership team. </p> <p>Bhattacharjee will officially join Mr. Cooper on May 6 as its executive vice president and chief investment officer. He will be responsible for oversight of capital markets and <a href="https://www.housingwire.com/tag/correspondent-lending/" target="_blank" rel="noreferrer noopener">correspondent lending</a>, reporting directly to chairman and CEO Jay Bray. Barker’s hiring for the role of senior vice president of corporate finance is effective immediately.</p> <p>Mr. Cooper Group also acquired <strong>Home Point Capital</strong> and <strong>Roosevelt Management Co.</strong> in 2023 while managing the fallout from a cyberattack late last year.</p>]]></content:encoded> <wfw:commentRss>https://www.housingwire.com/articles/mr-cooper-delivers-48m-profit-in-q1-2024/feed/</wfw:commentRss> <slash:comments>0</slash:comments> <post-id xmlns="com-wordpress:feed-additions:1">457937</post-id> </item> <item> <title>At World Properties settles the commission lawsuits</title> <link>https://www.housingwire.com/articles/at-world-properties-settles-the-commission-lawsuits/</link> <comments>https://www.housingwire.com/articles/at-world-properties-settles-the-commission-lawsuits/#respond</comments> <dc:creator><![CDATA[Brooklee Han]]></dc:creator> <pubDate>Wed, 24 Apr 2024 16:17:53 +0000</pubDate> <category><![CDATA[Legal]]></category> <category><![CDATA[Real Estate]]></category> <category><![CDATA[@properties]]></category> <category><![CDATA[Anywhere]]></category> <category><![CDATA[Commission Lawsuit]]></category> <category><![CDATA[Keller Williams]]></category> <category><![CDATA[RE/MAX]]></category> <guid isPermaLink="false">https://www.housingwire.com/?p=457920</guid> <description><![CDATA[The Chicago-based firm did not disclose the dollar amount of the settlement]]></description> <content:encoded><![CDATA[<p>Another brokerage has decided to settle the <a href="https://www.housingwire.com/commission-lawsuits/" target="_blank" rel="noreferrer noopener">commission lawsuits</a>. Chicago-based <strong>At World Properties</strong>, which own <strong><a href="https://www.housingwire.com/tag/properties/" target="_blank" rel="noreferrer noopener">@properties</a></strong> and <strong>Christie’s International Real Estate</strong>, has agreed to settle the nationwide class-action antitrust claims brought by home sellers.</p> <p>According to the firm, the settlement agreement covers all company-owned brokerages including all those under the @properties, Christie’s International Real Estate, <strong>Ansley Real Estate</strong> and <strong>Sereno </strong>brands, as well as independently owned brokerages that are part of the @properties and Christie’s International Real Estate affiliate networks in the U.S. </p> <p>Additionally, all agents licensed under these firms are also covered by the proposed settlement.</p> <p>“Settling these claims today allows us to move beyond a very costly litigation process and focus our full time, energy and resources on what matters most: our agents, affiliate brokerages, staff and clients,” Mike Golden, the co-CEO of @properties and Christie’s International Real Estate, said in a statement.</p> <p>The firm is not disclosing the dollar amount it is paying as part of the settlement agreement, but it noted that the <a href="https://www.housingwire.com/articles/anywhere-and-re-max-settlements-the-industry-should-breathe-a-sigh-of-relief/" target="_blank" rel="noreferrer noopener">terms</a> are similar to those previously negotiated by <strong><a href="https://www.housingwire.com/articles/anywhere-real-estate-settles-buyer-broker-commission-lawsuits/" target="_blank" rel="noreferrer noopener">Anywhere</a></strong>, <strong><a href="https://www.housingwire.com/tag/re-max/" target="_blank" rel="noreferrer noopener">RE/MAX</a></strong>, <strong><a href="https://www.housingwire.com/articles/keller-williams-settles-the-sitzer-burnett-commission-lawsuit-for-70-million/" target="_blank" rel="noreferrer noopener">Keller Williams</a></strong>, <strong><a href="https://www.housingwire.com/articles/compass-settles-commission-lawsuits-for-57-5-million/" target="_blank" rel="noreferrer noopener">Compass</a></strong> and <strong><a href="https://www.housingwire.com/articles/the-real-brokerage-settles-umpa-commission-lawsuit-for-9-25m/#:~:text=In%20the%20NAR's%20%24418%20million,out%20of%20its%20own%20coffers." target="_blank" rel="noreferrer noopener">The Real Brokerage.</a></strong></p> <p>Settlement provisions include no longer requiring agents to be members of the <strong><a href="https://www.housingwire.com/tag/national-association-of-realtors/" target="_blank" rel="noreferrer noopener">National Association of Realtors</a></strong>, nor must they follow <a href="https://www.nar.realtor/about-nar/governing-documents/the-code-of-ethics" target="_blank" rel="noreferrer noopener">NAR’s Code of Ethics</a> or the MLS Handbook.</p> <p>The settlement agreement also contains changes to business practices, including that the firm will require or encourage agents to make it clear to clients that commissions are negotiable; that agents will have the freedom to set or negotiate commissions as they see fit; and that agents will not be required to make offers of compensation or accept offers of compensation from cooperating brokers.</p> <p>The brokerage also said it will not provide agents with any software that filters or restricts MLS listings based on the level of compensation being offered.</p> <p>The firm noted that the settlement does not in any way indicated that the firms have ever participated in the business practices alleged by the plaintiffs.</p> <p>“In front of us, we have yet another opportunity to demonstrate the value that highly professional real estate advisors backed by the industry’s best brokerage firms provide to home buyers and sellers, and we are ready for that moment,” Thad Wong, the firm’s co-CEO, said in a statement.</p>]]></content:encoded> <wfw:commentRss>https://www.housingwire.com/articles/at-world-properties-settles-the-commission-lawsuits/feed/</wfw:commentRss> <slash:comments>0</slash:comments> <post-id xmlns="com-wordpress:feed-additions:1">457920</post-id> </item> <item> <title>Mortgage demand slumps as interest rates move higher: MBA </title> <link>https://www.housingwire.com/articles/mortgage-demand-slumps-as-interest-rates-move-higher-mba/</link> <comments>https://www.housingwire.com/articles/mortgage-demand-slumps-as-interest-rates-move-higher-mba/#respond</comments> <dc:creator><![CDATA[Sarah Marx]]></dc:creator> <pubDate>Wed, 24 Apr 2024 15:17:54 +0000</pubDate> <category><![CDATA[Mortgage]]></category> <category><![CDATA[Origination]]></category> <category><![CDATA[Mortgage Applications]]></category> <category><![CDATA[Mortgage Bankers Association]]></category> <guid isPermaLink="false">https://www.housingwire.com/?p=457876</guid> <description><![CDATA[Purchase application volume fell by 1% while refi applications were down 6%]]></description> <content:encoded><![CDATA[<p>Mortgage demand dipped last week as mortgage rates reached their highest levels since late 2023. <a href="https://www.housingwire.com/tag/mortgage-application/" target="_blank" rel="noreferrer noopener">Applications</a> decreased by 2.7% on a seasonally adjusted basis during the week ending April 19, according to the <a href="https://www.housingwire.com/tag/mortgage-bankers-association/" target="_blank" rel="noreferrer noopener"><strong>Mortgage Bankers Association</strong></a>’s (MBA) weekly mortgage applications survey. </p> <p>“Mortgage rates continued to move higher last week, reaching their highest levels since late 2023 and putting a damper on applications activity. The 30-year fixed rate increased for the third consecutive week to 7.24%, the highest since November 2023,” Joel Kan, MBA’s vice president and deputy chief economist, said in a statement. </p> <p>“Purchase applications declined, as home buyers delayed their purchase decisions due to strained affordability and low supply. The ARM share of applications increased to 7.6%, consistent with the upward trend in rates, as buyers look to reduce their potential monthly payments.”</p> <p>Purchase loan application volume fell by 1% from one week earlier, while <a href="https://www.housingwire.com/tag/refinancing/" target="_blank" rel="noreferrer noopener">refinance</a> volume dropped by 6% from the prior week. The refinance share of mortgage activity decreased to 30.8% of total applications, down from 32.1% the previous week.</p> <p>The MBA survey showed that the average <a href="https://www.housingwire.com/mortgage-rates/" target="_blank" rel="noreferrer noopener">mortgage rate</a> for 30-year fixed loans with conforming balances ($766,550 or less) increased to 7.24%, up from 7.13% last week. Meanwhile, rates on <a href="https://www.housingwire.com/articles/fhfa-conforming-loan-limits-increase-to-766550-in-2024/" target="_blank" rel="noreferrer noopener">jumbo loans</a> (balances greater than $766,550) also increased week over week to 7.45%, up from 7.40%. </p> <p>On Wednesday, <a href="https://www.housingwire.com/mortgage-rates/" target="_blank" rel="noreferrer noopener"><strong>HousingWire</strong>’s Mortgage Rates Center</a> showed the average 30-year fixed rate for conventional loans at 7.52%, up from 7.29% one week earlier.</p>]]></content:encoded> <wfw:commentRss>https://www.housingwire.com/articles/mortgage-demand-slumps-as-interest-rates-move-higher-mba/feed/</wfw:commentRss> <slash:comments>0</slash:comments> <post-id xmlns="com-wordpress:feed-additions:1">457876</post-id> </item> <item> <title>Special report: The brokerages gaining or losing market share in Dallas</title> <link>https://www.housingwire.com/articles/special-report-the-brokerages-gaining-or-losing-market-share-in-dallas/</link> <comments>https://www.housingwire.com/articles/special-report-the-brokerages-gaining-or-losing-market-share-in-dallas/#respond</comments> <dc:creator><![CDATA[Will Robinson]]></dc:creator> <pubDate>Wed, 24 Apr 2024 14:38:14 +0000</pubDate> <category><![CDATA[Agent]]></category> <category><![CDATA[Brokerage]]></category> <category><![CDATA[Housing Market]]></category> <category><![CDATA[Real Estate]]></category> <category><![CDATA[Compass]]></category> <category><![CDATA[CoreLogic]]></category> <category><![CDATA[Dallas]]></category> <category><![CDATA[DataDigest]]></category> <category><![CDATA[eXp Realty]]></category> <category><![CDATA[Housing]]></category> <category><![CDATA[HWmember]]></category> <category><![CDATA[Keller Williams]]></category> <category><![CDATA[Opendoor]]></category> <category><![CDATA[RE/MAX]]></category> <category><![CDATA[Sotheby's International Realty]]></category> <guid isPermaLink="false">https://www.housingwire.com/?p=457397</guid> <description><![CDATA[Few cities have benefited as much from the trend of Americans moving south as Dallas, which added 170,000 residents in 2021 and 2022.]]></description> <content:encoded><![CDATA[<p>Few cities have benefited as much from the recent trend of Americans increasingly moving south as Dallas.</p> <p>The Dallas-Fort Worth-Arlington metro area had the largest increase in population count between 2021 and 2022 of any metro area in the country, adding <a href="https://www.census.gov/newsroom/press-releases/2023/subcounty-metro-micro-estimates.html">more than 170,000 people</a>, according to the <strong>U.S. Census Bureau</strong>.</p> <p>That’s a lot of new Texans in a state that already has three of the nation’s 10 largest cities. Houston ranks fourth with 2.3 million people, Dallas ninth with 1.3 million and Austin 10th with 1 million. (Fort Worth is also in the top 15 with nearly 1 million people.)</p> <p></p> <p>It is unsurprising, then, that Texas has seen a boom in new real estate brokerage offices in the past five years. Dallas, too, is outpacing the rest of the country in office count, sale-to-list price ratio and average price per square foot, according to <strong>CoreLogic</strong> data shared exclusively with <strong>HousingWire</strong>.</p> <p></p> </script> <p></p> <p>Despite the population growth, Dallas has still had to contend with the realities of high <a href="https://www.housingwire.com/mortgage-rates/">mortgage rates</a> and tight housing inventory — factors that have <a href="https://www.housingwire.com/articles/new-mortgage-data-shows-lean-times-for-originators-tight-wallets-for-buyers/">mortgage lenders</a>, <a href="https://www.housingwire.com/articles/how-the-brokerage-landscape-has-changed-in-the-last-five-years/">brokerages</a> and other real estate professionals fighting for their share of shrinking pies.</p> <p></p> <p><strong>Keller Williams</strong>, for example, was Dallas County’s No. 1 brokerage by listing count from 2019 through 2023. Despite its continued lead, the properties listed by the firm on Multiple Listing Services (MLSs) in the county fell from 4,360 in 2019 to 2,390 in 2023, a 45% drop as <a href="https://www.housingwire.com/articles/the-awesome-power-of-high-mortgage-rates/">homebuying slowed significantly</a> in Dallas and nationwide.</p> <p></p> <p>The top 10 brokerages in Dallas by listing count were responsible for 12,145 listings in 2023. This was 29% less than in 2019 and a difference of more than 5,000 listings.</p> <p></p> </script> <p></p> <p>High mortgage rates may be here to stay for <a href="https://www.housingwire.com/articles/the-mortgage-rate-pendulum-swings-yet-again/">longer than expected</a> compared to earlier in the year, making it essential for brokerages to gain share amid squeezed inventory levels.</p> <p></p> <p>In the past five years, <strong>eXp Realty</strong> has done just that. Among brokerages with at least 100 listings per year in Dallas, eXp rocketed from 10th place in 2019 to fourth last year. The company more than doubled its share of listings during that period, going from 3.6% of the MLS listings held by these brokerages in 2019 to 7.2% in 2023.</p> <p></p> </script> <p></p> <p>That is all the more impressive considering that several companies lost significant listings shares in this period. Among brokerages that were in the top 10 by listings in any of the past five years, <strong>RE/MAX</strong>‘s share fell 26%, <strong>Century 21</strong>‘s fell 23%, Keller Williams’ fell 21%, <strong>Ebby Halliday</strong>‘s fell 18% and <strong>Sotheby’s International Realty</strong>‘s fell 11%.</p> <p></p> <p><strong>Opendoor</strong>, an instant buyer, went big on Dallas in 2021 and 2022. It had more than 700 listings in both years before pulling back sharply with only 166 listings in 2023. That is similar to the iBuyer slowdowns in markets like <a href="https://www.housingwire.com/articles/special-report-jacksonvilles-brokerage-competition-visualized/">Jacksonville</a> as the industry segment <a href="https://www.housingwire.com/articles/datadigest-ibuyers-slide-farther-from-hyped-market-disruption/">struggles</a> to gain a foothold.</p> <p></p> <p>eXp was not the only brokerage to gain share over the five-year period. <strong>Fathom Realty</strong>‘s 66% growth and <strong>Compass</strong>‘s 37% gain came in second and third, respectively, behind eXp.</p> </p>]]></content:encoded> <wfw:commentRss>https://www.housingwire.com/articles/special-report-the-brokerages-gaining-or-losing-market-share-in-dallas/feed/</wfw:commentRss> <slash:comments>0</slash:comments> <post-id xmlns="com-wordpress:feed-additions:1">457397</post-id> </item> <item> <title>Technology’s role in rental property investment market</title> <link>https://www.housingwire.com/articles/technologys-role-in-rental-property-investment-market/</link> <comments>https://www.housingwire.com/articles/technologys-role-in-rental-property-investment-market/#respond</comments> <dc:creator><![CDATA[Michael Lucarelli]]></dc:creator> <pubDate>Wed, 24 Apr 2024 14:23:00 +0000</pubDate> <category><![CDATA[Contributors]]></category> <category><![CDATA[Real Estate]]></category> <category><![CDATA[Proptech]]></category> <category><![CDATA[Technology]]></category> <guid isPermaLink="false">https://www.housingwire.com/?p=457715</guid> <description><![CDATA[Rents have continued to appreciate, being nearly 30% higher than prior to the pandemic creating a serious need for proptech.]]></description> <content:encoded><![CDATA[<p>The rental segment has been marked by strong demand and looks to continue on this trajectory given <a href="https://www.housingwire.com/mortgage-rates/">mortgage rates</a> that continue to hover around 7% and record property prices across many U.S. regions. In spite of some slowdown, rents have continued to appreciate, being nearly 30% higher than prior to the pandemic, with February levels up 3.5% as compared to the previous year.</p> <p>The strength of the U.S. rental sector has benefitted most landlords in this country, from larger multifamily investors to smaller mom-and-pop owners. <a href="https://www.housingwire.com/real-estate/">Real estate</a> investments have long been a key pathway to wealth in the U.S. About 90% of millionaires have built their fortunes in great part through the ownership and management of real estate, according to industry data. Among the variety of investment opportunities within the sector, rental properties have been in the spotlight as a steady income source.</p> <p>In 2023, the total U.S. apartment rental segment was expected to reach about $251 billion, according to data by Statista. Individual investors own about 70% of rental properties in the U.S., according to <strong>U.S. Census</strong> data, serving around 44.1 million renting households.</p> <p>Given rental demand in the U.S., in addition to intentional property investors, the number of so-called “accidental landlords” has also been increasing since 2018, according to research from <strong>TenantCloud</strong>. This group of property owners originally bought their assets due to circumstance and are renting out instead of selling; however, they don’t necessarily consider themselves real estate investors.</p> <h2 class="wp-block-heading" id="h-challenges-and-harnessing-the-power-of-technology">Challenges and harnessing the power of technology</h2> <p>The challenges any rental property owner most commonly faces include finding dependable tenants, ensuring regular rent payments, meeting the changing needs of today’s renters and managing their properties effectively and efficiently. </p> <p>In order to tackle these challenges and respond to evolving market dynamics, one pivotal shift has been the integration of property technology (proptech) into management practices. Top-of-mind solutions for landlords include automated tenant screening and online rent collection, as well as smart home amenities. </p> <p>Online tenant screening helps landlords identify qualified renters fast while safeguarding their information during the application process. Online rent collection helps automate an otherwise often clunky system that might include checks or payment services, and smart home amenities can help optimize energy use and increase security. </p> <p>Given the continued high interest rate environment and soaring <a href="https://www.housingwire.com/tag/home-prices/">home prices</a> that have made owning a home challenging at best, rentals are likely to remain a cornerstone of the U.S. housing market, generally offering more affordable options while providing investors with a stable income stream. </p> <p>However, rising property costs, increased taxes and the risk of missed rent payments highlight the importance of financial management and effective tenant screening processes. Technology-based solutions, such as online rent collection platforms and smart home amenities, are becoming increasingly indispensable to streamline operations, enhance tenant satisfaction, and ensure long-term profitability.</p> <p><em>Michael Lucarelli is the CEO and Co-Founder of RentSpree</em>.</p> <p>This column does not necessarily reflect the opinion of HousingWire’s editorial department and its owners.</p> <p>To contact the author of this story: <em><a href="mailto:michael@rentspree.com" target="_blank" rel="noreferrer noopener">michael@rentspree.com</a></em></p> <p>To contact the editor responsible for this story: <a href="mailto:zeb@hwmedia.com">zeb@hwmedia.com</a></p>]]></content:encoded> <wfw:commentRss>https://www.housingwire.com/articles/technologys-role-in-rental-property-investment-market/feed/</wfw:commentRss> <slash:comments>0</slash:comments> <post-id xmlns="com-wordpress:feed-additions:1">457715</post-id> </item> <item> <title>Best real estate continuing education schools for quick and easy license renewal in 2024</title> <link>https://www.housingwire.com/articles/real-estate-continuing-education/</link> <comments>https://www.housingwire.com/articles/real-estate-continuing-education/#respond</comments> <dc:creator><![CDATA[Sara Stover, Meghan Thibault]]></dc:creator> <pubDate>Wed, 24 Apr 2024 05:28:09 +0000</pubDate> <category><![CDATA[Real Estate Education]]></category> <category><![CDATA[Vetted by HousingWire]]></category> <guid isPermaLink="false">https://www.housingwire.com/?p=454972</guid> <description><![CDATA[Need to renew your license this year? Check out our favorite real estate continuing education courses for a quick & easy renewal.]]></description> <content:encoded><![CDATA[<p class="disclaimer link-text link-text-hover has-text-color" style="color:#777777;font-size:12px"><strong><a href="https://www.housingwire.com/vetted-about/">Vetted by HousingWire</a> </strong> | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission.</p> <figure class="wp-block-image size-large"><img fetchpriority="high" decoding="async" width="1200" height="675" data-attachment-id="457730" data-permalink="https://www.housingwire.com/articles/real-estate-continuing-education/smiling-woman-using-a-tablet-computer/" data-orig-file="https://www.housingwire.com/wp-content/uploads/2024/04/Smiling-woman-using-a-tablet-computer.png" data-orig-size="1200,675" data-comments-opened="1" data-image-meta="{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"0"}" data-image-title="Smiling woman using a tablet computer" data-image-description="" data-image-caption="" data-medium-file="https://www.housingwire.com/wp-content/uploads/2024/04/Smiling-woman-using-a-tablet-computer.png?w=300" data-large-file="https://www.housingwire.com/wp-content/uploads/2024/04/Smiling-woman-using-a-tablet-computer.png?w=1024" src="https://www.housingwire.com/wp-content/uploads/2024/04/Smiling-woman-using-a-tablet-computer.png?w=1024" alt="Smiling woman using a tablet computer" class="wp-image-457730" srcset="https://www.housingwire.com/wp-content/uploads/2024/04/Smiling-woman-using-a-tablet-computer.png 1200w, https://www.housingwire.com/wp-content/uploads/2024/04/Smiling-woman-using-a-tablet-computer.png?resize=150,84 150w, https://www.housingwire.com/wp-content/uploads/2024/04/Smiling-woman-using-a-tablet-computer.png?resize=300,169 300w, https://www.housingwire.com/wp-content/uploads/2024/04/Smiling-woman-using-a-tablet-computer.png?resize=768,432 768w, https://www.housingwire.com/wp-content/uploads/2024/04/Smiling-woman-using-a-tablet-computer.png?resize=1024,576 1024w" sizes="(max-width: 1200px) 100vw, 1200px" /></figure> <p>Is your license renewal on the horizon? Every 12 years, a cosmic thing happens, and agents in all 50 states come due for their real estate continuing education (CE) and licensing renewal. 2024 is that year! Maintaining your real estate license means taking continuing education courses to fulfill your state licensing board’s requirements, and doing so before your license expires.</p> <p>You can complete your real estate CE hours online through one of the many course providers that offer state-specific packages and electives. But it can be challenging to narrow down the best real estate school for you! That’s why we’re sharing our top four online real estate continuing education providers, highlighting the states in which they offer courses and our favorite features.</p> <hr class="wp-block-separator has-alpha-channel-opacity is-style-wide"/> <h2 class="wp-block-heading" id="h-our-top-picks">Our top picks</h2> <section class="wp-block-qi-blocks-columns qodef-gutenberg-section qodef--template qodef-block-a6e765c1 qodef-col-num--4 qodef-col-layout--25 qodef-content--boxed prod-list-columns product-list-slider-group"> <figure class="wp-block-table"><table><tbody><tr><td><strong>Top Pick</strong></td></tr><tr><td><img decoding="async" width="588" height="100" data-attachment-id="444771" data-permalink="https://www.housingwire.com/articles/the-ce-shop-review/logo-colibri-wide/" data-orig-file="https://www.housingwire.com/wp-content/uploads/2024/02/Logo-Colibri-wide.png" data-orig-size="588,100" data-comments-opened="1" data-image-meta="{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"0"}" data-image-title="Logo-Colibri-wide" data-image-description="" data-image-caption="" data-medium-file="https://www.housingwire.com/wp-content/uploads/2024/02/Logo-Colibri-wide.png?w=300" data-large-file="https://www.housingwire.com/wp-content/uploads/2024/02/Logo-Colibri-wide.png?w=588" class="wp-image-444771" style="width: 150px;" src="https://www.housingwire.com/wp-content/uploads/2024/02/Logo-Colibri-wide.png" alt="Logo-Colibri-wide" srcset="https://www.housingwire.com/wp-content/uploads/2024/02/Logo-Colibri-wide.png 588w, https://www.housingwire.com/wp-content/uploads/2024/02/Logo-Colibri-wide.png?resize=150,26 150w, https://www.housingwire.com/wp-content/uploads/2024/02/Logo-Colibri-wide.png?resize=300,51 300w" sizes="(max-width: 588px) 100vw, 588px" /></td></tr><tr><td><h3 class="prodtitle"><a class="thirstylink" href="https://www.housingwire.com/goto/colibri-real-estate-text-rece/" target="_blank" rel="noreferrer noopener nofollow">Colibri Real Estate</a></h3></td></tr><tr><td><h4 class="subheader">CE courses available in all 50 states</h4></td></tr><tr><td><p class="proddescription">Flexible courses featuring expert instruction and career-long guidance. Intuitive online platform with a customizable learning dashboard.</p></td></tr><tr><td><p class="buy-options"><strong>CE bundles price range:</strong></p></td></tr><tr><td><strong>$89 to $189</strong></td></tr><tr><td><a class="wp-element-button thirstylink" href="https://www.housingwire.com/goto/colibri-real-estate-buttons-rece/" target="_blank" rel="noreferrer noopener nofollow">Visit Colibri Real Estate</a></td></tr></tbody></table></figure> <figure class="wp-block-table"><table><tbody><tr><td><strong>Best Value</strong></td></tr><tr><td><img decoding="async" width="733" height="150" data-attachment-id="407610" data-permalink="https://www.housingwire.com/articles/best-online-real-estate-schools-california/logo-the-ce-shop/" data-orig-file="https://www.housingwire.com/wp-content/uploads/2023/10/Logo-The-CE-Shop.png" data-orig-size="733,150" data-comments-opened="1" data-image-meta="{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"0"}" data-image-title="Logo-The-CE-Shop" data-image-description="" data-image-caption="" data-medium-file="https://www.housingwire.com/wp-content/uploads/2023/10/Logo-The-CE-Shop.png?w=300" data-large-file="https://www.housingwire.com/wp-content/uploads/2023/10/Logo-The-CE-Shop.png?w=733" class="wp-image-407610" style="width: 150px;" src="https://www.housingwire.com/wp-content/uploads/2023/10/Logo-The-CE-Shop.png" alt="Logo-The-CE-Shop" srcset="https://www.housingwire.com/wp-content/uploads/2023/10/Logo-The-CE-Shop.png 733w, https://www.housingwire.com/wp-content/uploads/2023/10/Logo-The-CE-Shop.png?resize=150,31 150w, https://www.housingwire.com/wp-content/uploads/2023/10/Logo-The-CE-Shop.png?resize=300,61 300w" sizes="(max-width: 733px) 100vw, 733px" /></td></tr><tr><td><h3 class="prodtitle"><a class="thirstylink" href="https://www.housingwire.com/goto/the-ce-shop-text-rece/" target="_blank" rel="noreferrer noopener nofollow">The CE Shop</a></h3></td></tr><tr><td><h4 class="subheader">CE courses available in all 50 states </h4></td></tr><tr><td><p class="proddescription">Intuitive interface and features. Multistate and custom packages tailored to your needs and budget. Career-long guidance.</p></td></tr><tr><td><p class="buy-options"><strong>CE Bundles price range:</strong></p></td></tr><tr><td><strong>$59 to $419</strong></td></tr><tr><td><a class="wp-element-button thirstylink" href="https://www.housingwire.com/goto/the-ce-shop-buttons-rece/" target="_blank" rel="noreferrer noopener nofollow">Visit The CE Shop</a></td></tr></tbody></table></figure> <figure class="wp-block-table"><table><tbody><tr><td><strong>Budget Pick</strong></td></tr><tr><td><img loading="lazy" decoding="async" width="650" height="143" data-attachment-id="444745" data-permalink="https://www.housingwire.com/articles/the-ce-shop-review/logo-aceable-copy/" data-orig-file="https://www.housingwire.com/wp-content/uploads/2024/02/Logo-Aceable-copy.png" data-orig-size="650,143" data-comments-opened="1" data-image-meta="{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"0"}" data-image-title="Logo-Aceable-copy" data-image-description="" data-image-caption="" data-medium-file="https://www.housingwire.com/wp-content/uploads/2024/02/Logo-Aceable-copy.png?w=300" data-large-file="https://www.housingwire.com/wp-content/uploads/2024/02/Logo-Aceable-copy.png?w=650" class="wp-image-444745" style="width: 150px;" src="https://www.housingwire.com/wp-content/uploads/2024/02/Logo-Aceable-copy.png" alt="Logo-Aceable-copy" srcset="https://www.housingwire.com/wp-content/uploads/2024/02/Logo-Aceable-copy.png 650w, https://www.housingwire.com/wp-content/uploads/2024/02/Logo-Aceable-copy.png?resize=150,33 150w, https://www.housingwire.com/wp-content/uploads/2024/02/Logo-Aceable-copy.png?resize=300,66 300w" sizes="(max-width: 650px) 100vw, 650px" /></td></tr><tr><td><h3 class="prodtitle"><a class="thirstylink" href="https://www.housingwire.com/goto/aceable-agent-text-rece/" target="_blank" rel="noreferrer noopener nofollow">Aceable Agent</a></h3></td></tr><tr><td><h4 class="subheader">Affordable online, audio & mobile app courses</h4></td></tr><tr><td><p class="proddescription">Chosen by over 200,000 agents for courses featuring real-world scenarios and engaging content. Take online CE courses at your pace.</p></td></tr><tr><td><p class="buy-options"><strong>CE bundles price range:</strong></p></td></tr><tr><td><strong>$135 to $469</strong></td></tr><tr><td><a class="wp-element-button thirstylink" href="https://www.housingwire.com/goto/aceable-agent-buttons-rece/" target="_blank" rel="noreferrer noopener nofollow">Visit Aceable Agent</a></td></tr></tbody></table></figure> <figure class="wp-block-table"><table><tbody><tr><td><strong>Upgrade Pick</strong></td></tr><tr><td><img loading="lazy" decoding="async" width="545" height="100" data-attachment-id="407605" data-permalink="https://www.housingwire.com/articles/best-online-real-estate-schools-california/logo-kaplan-png/" data-orig-file="https://www.housingwire.com/wp-content/uploads/2023/10/Logo-Kaplan-png.png" data-orig-size="545,100" data-comments-opened="1" data-image-meta="{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"0"}" data-image-title="Logo-Kaplan-png" data-image-description="" data-image-caption="" data-medium-file="https://www.housingwire.com/wp-content/uploads/2023/10/Logo-Kaplan-png.png?w=300" data-large-file="https://www.housingwire.com/wp-content/uploads/2023/10/Logo-Kaplan-png.png?w=545" class="wp-image-407605" style="width: 150px;" src="https://www.housingwire.com/wp-content/uploads/2023/10/Logo-Kaplan-png.png" alt="Logo-Kaplan-png" srcset="https://www.housingwire.com/wp-content/uploads/2023/10/Logo-Kaplan-png.png 545w, https://www.housingwire.com/wp-content/uploads/2023/10/Logo-Kaplan-png.png?resize=150,28 150w, https://www.housingwire.com/wp-content/uploads/2023/10/Logo-Kaplan-png.png?resize=300,55 300w" sizes="(max-width: 545px) 100vw, 545px" /></td></tr><tr><td><h3 class="prodtitle"><a class="thirstylink" href="https://www.housingwire.com/goto/kaplan-text-rece/" target="_blank" rel="noreferrer noopener nofollow">Kaplan</a></h3></td></tr><tr><td><h4 class="subheader">50+ years as a leading education provider</h4></td></tr><tr><td><p class="proddescription">Self-paced, interactive content accessed via an online format. Courses to fit your learning style and schedule are backed by staff support.</p></td></tr><tr><td><p class="buy-options"><strong>CE bundles price range:</strong></p></td></tr><tr><td><strong>$299 to $799</strong></td></tr><tr><td><a class="wp-element-button thirstylink" href="https://www.housingwire.com/goto/kaplan-buttons-rece/" target="_blank" rel="noreferrer noopener nofollow">Visit Kaplan</a></td></tr></tbody></table></figure> </section> <h2 class="wp-block-heading" id="h-4-best-real-estate-continuing-education-schools-for-2024">4 best real estate continuing education schools for 2024</h2> <h4 class="wp-block-heading our-pick" id="h-top-pick">Top Pick</h4> <figure class="alignleft size-large"><img decoding="async" src="https://www.housingwire.com/wp-content/uploads/2023/10/Logo-Colibri-Real-Estate.png?w=356" alt="Logo-Aceable-copy"/></figure> <h2 class="wp-block-heading" id="h-colibri-real-estate-education">Colibri Real Estate Education</h2> <style>.info-button a { padding: 20px 19px; background-color: #022f40; color: #ffffff; border: 1px solid ; border-radius: ;}.info-button a:hover { background-color: #5db7de; color: #ffffff; border: 1px solid ; border-radius: ;}</style> <div class="info-button" > <a href="https://www.housingwire.com/goto/colibri-real-estate-buttons-rece/" target="_blank"> <span class="title">ENROLL NOW & SAVE 30%</span> Use HousingWire 30 at checkout </a> <p><strong>Colibri offers real estate CE courses in all 50 states and Washington DC, </strong>with customized online bundles available. Complete your state’s required CE courses on your own time, at your own pace. More than 500,000 agents have completed Colibri Real Estate’s courses. Colibri offers a satisfaction guarantee and refunds are available within 30 days of purchase for self-paced online courses.</p> <p><strong>When it comes to course format and content delivery,</strong> choose from Colibri’s self-paced online and instructor-led livestream courses, which are designed to allow you to study on any device with internet access and a browser. That means you can meet all of your state requirements using your smartphone or tablet. Course content is written and taught by active, seasoned industry professionals, and course upgrades feature engagement with instructors experienced in your local market.</p> <p><strong>Our favorite feature is the intuitive, online platform and dashboard, </strong>which you can access 24/7. With Colibri’s online courses, you can stop and start up again anytime, without losing track of your progress. </p> <p><strong>Colibri’s real estate continuing education course offerings vary by state, </strong>but<strong> </strong>a sampling of intriguing topics we researched include Fair Housing, ethics, handling multiple offers, educating buyers, handling trust funds and implicit bias training. Some states require core courses while others let agents choose from a series of electives so click the button above to visit Colibri and choose your state from their drop-down menu. </p> <p><strong>Depending on your state, post-licensing packages start as low as $109 and up to $279</strong>, with individual courses ranging from $29 to $54. And CE renewal packages start as low as $89 and up to $189, with individual courses ranging from $22 to $49. </p> <h4 class="wp-block-heading our-pick" id="h-best-value">Best Value</h4> <figure class="alignleft size-large"><img decoding="async" src="https://www.housingwire.com/wp-content/uploads/2023/10/Logo-The-CE-Shop.png?w=733" alt="Logo-Colibri-Real-Estate"/></figure> <h2 class="wp-block-heading" id="h-the-ce-shop">The CE Shop</h2> <style>.info-button a { padding: 20px 19px; background-color: #022f40; color: #ffffff; border: 1px solid ; border-radius: ;}.info-button a:hover { background-color: #5db7de; color: #ffffff; border: 1px solid ; border-radius: ;}</style> <div class="info-button" > <a href="https://www.housingwire.com/goto/the-ce-shop-buttons-rece/" target="_blank"> <span class="title">ENROLL NOW & SAVE 30%</span> Use Promo Code HW30 at checkout </a> <p><strong>The CE Shop offers <strong>real estate</strong></strong> <strong>continuing education courses in all 50 states</strong>, plus Washington DC, and allows students to choose from full packages that include all post-licensing hours needed for first time license renewal. Or get your mandatory education hours by taking individual post-licensing courses. While course expiration dates vary by state, they are generally one year after the date of purchase.</p> <p><strong>The CE Shop is our pick for the best value in real estate continuing education</strong> because of all the options it affords agents renewing their license. If you’re licensed in multiple states, the CE Shop spares you from purchasing multiple packages and repeating reciprocal courses by creating multistate and custom packages tailored to your needs and budget. Students also have exclusive access to Agent Perks, a program that includes special discounts, offers, and trials from the CE Shop’s partners to help you better automate your real practice.</p> <p><strong>The CE Shop’s course format and content delivery</strong> are also noteworthy, as courses can be accessed through your tablet, computer, or smartphone 24/7.</p> <p><strong>The CE Shop’s real estate continuing education topics may include</strong> tax deferred exchanges, real estate finance, USDA rural loans or real estate advertising compliance. Course offerings and bundles vary by states and according to state requirements. In many states, the CE Shop’s continuing education courses can be bundled with their prelicensing courses, offering convenience and significant savings. </p> <p><strong>Depending on your state, post-licensing CE packages start</strong> as low as $105 and up to $609, with individual courses ranging from $9 to $265 for first-time renewals. Subsequent renewal course packages start as low as $39 and up to $249, with individual courses ranging from $9 to $115.</p> <h4 class="wp-block-heading our-pick" id="h-budget-pick">Budget pick</h4> <figure class="alignleft size-large"><img loading="lazy" decoding="async" width="650" height="143" data-attachment-id="444745" data-permalink="https://www.housingwire.com/articles/the-ce-shop-review/logo-aceable-copy/" data-orig-file="https://www.housingwire.com/wp-content/uploads/2024/02/Logo-Aceable-copy.png" data-orig-size="650,143" data-comments-opened="1" data-image-meta="{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"0"}" data-image-title="Logo-Aceable-copy" data-image-description="" data-image-caption="" data-medium-file="https://www.housingwire.com/wp-content/uploads/2024/02/Logo-Aceable-copy.png?w=300" data-large-file="https://www.housingwire.com/wp-content/uploads/2024/02/Logo-Aceable-copy.png?w=650" src="https://www.housingwire.com/wp-content/uploads/2024/02/Logo-Aceable-copy.png?w=650" alt="Logo-Aceable-copy" class="wp-image-444745" srcset="https://www.housingwire.com/wp-content/uploads/2024/02/Logo-Aceable-copy.png 650w, https://www.housingwire.com/wp-content/uploads/2024/02/Logo-Aceable-copy.png?resize=150,33 150w, https://www.housingwire.com/wp-content/uploads/2024/02/Logo-Aceable-copy.png?resize=300,66 300w" sizes="(max-width: 650px) 100vw, 650px" /></figure> <h2 class="wp-block-heading" id="h-aceable-agent">Aceable Agent</h2> Visit Aceable Agent</a> <p><strong>AceableAgent offers continuing education courses to renew your license in Georgia, Texas, and Florida.</strong> Their courses are created by active industry experts in collaboration with Harvard-educated instructional designers. After you complete your final course test, AceableAgent will process your Certificate of Completion to ensure that you get credit for completing your CE course with your state licensing board.</p> <p><strong>As far as course format and content delivery, </strong>AceableAgent’s students can access self-paced, online courses on their computer, laptop, tablet, or smartphone. Interactive continuing education courses feature real-world scenarios to keep you engaged. Course content is delivered in bite-size pieces, making it easier to retain the course’s information. Choose from a selection of individual courses or a course bundle for convenience and savings. </p> <p><strong>Our favorite feature is AceableAgent’s mobile app. </strong>AceableAgent was the first online real estate school to offer courses through a mobile app. Students can even switch between their browser and AceableAgent’s mobile app, both of which track progress and save it — so you can stop and resume your studies on multiple devices. You can even tune into to audio lessons like you’d listen to your favorite podcast. </p> <p><strong>AceableAgent’s </strong>real estate continuing education course offerings vary by state and state CE requirements. For example, Texas agents can choose from the <strong>Legal Update Bundle</strong> (just the mandatory courses) or the <strong>18-hour Bundle</strong> (mandatory courses plus electives). New York agents can quickly complete the NYREC-approved, 22.5-hour, all-in-one package. Georgia agents opting for Aceable Agent will take courses through a partnership with Kaplan Real Estate Education. Click the button above to learn more. </p> <p><strong>Depending on your state, continuing education bundles start as low as $135 </strong>and up to $469, with some individual courses starting at $30. Full course refunds are available within 30 days of purchase, as long as you have not completed the course.</p> <h4 class="wp-block-heading our-pick" id="h-upgrade-pick">Upgrade Pick</h4> <figure class="alignleft size-large"><img loading="lazy" decoding="async" width="545" height="100" data-attachment-id="407605" data-permalink="https://www.housingwire.com/articles/best-online-real-estate-schools-california/logo-kaplan-png/" data-orig-file="https://www.housingwire.com/wp-content/uploads/2023/10/Logo-Kaplan-png.png" data-orig-size="545,100" data-comments-opened="1" data-image-meta="{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"0"}" data-image-title="Logo-Kaplan-png" data-image-description="" data-image-caption="" data-medium-file="https://www.housingwire.com/wp-content/uploads/2023/10/Logo-Kaplan-png.png?w=300" data-large-file="https://www.housingwire.com/wp-content/uploads/2023/10/Logo-Kaplan-png.png?w=545" src="https://www.housingwire.com/wp-content/uploads/2023/10/Logo-Kaplan-png.png?w=545" alt="Logo-Kaplan-png" class="wp-image-407605" srcset="https://www.housingwire.com/wp-content/uploads/2023/10/Logo-Kaplan-png.png 545w, https://www.housingwire.com/wp-content/uploads/2023/10/Logo-Kaplan-png.png?resize=150,28 150w, https://www.housingwire.com/wp-content/uploads/2023/10/Logo-Kaplan-png.png?resize=300,55 300w" sizes="(max-width: 545px) 100vw, 545px" /></figure> <h2 class="wp-block-heading" id="h-kaplan-real-estate-education">Kaplan Real Estate Education</h2> Visit Kaplan Real Estate Education</a> <p><strong>Kaplan offers CE courses in all 50 states and post-licensing courses</strong> for first time renewals in the following states: Alabama, Delaware, Florida, Georgia, Illinois, Indiana, Kentucky, Mississippi, Nevada, North Carolina, Ohio, Oklahoma, Pennsylvania, South Dakota, Texas, Utah, Vermont, Virginia, and Washington.</p> <p><strong>A convenient online format allows students to access courses easily </strong>through a tablet or mobile device. And Kaplan’s online system connects you to courses designed to fit your learning style and build your education around your schedule. Although Kaplan’s CE packages aren’t as affordable as other schools, the cost may be worth it to students who need self-paced, interactive online content.</p> <p><strong>Our favorite course feature is the option to upgrade. </strong>Kaplan offers state-approved CE courses to help you complete the required hours of approved education, and you can take one CE class as a stand-alone online course for a lower price point or upgrade to a complete CE package. And behind the school’s continuing education courses is a staff that will help you not only navigate your course but also stay on top of industry trends.</p> <p><strong>Product offerings include </strong>continuing education courses, prelicensing courses, and exam prep in many states. Boasting over 50 years of experience, Kaplan has helped thousands of students begin and advance their real estate careers each year.</p> <p><strong>Depending on your state, post-licensing CE packages for first time renewals </strong>start as low as $299 and up to $799, with individual courses ranging from $165 to $259. And CE renewal packages start as low as $69 and up to $229, with individual courses ranging from $19 to $69. Full tuition refunds are available within 30 days of purchase for web-based courses and online classes that have not been completed.</p> <h2 class="wp-block-heading" id="h-methodology">Methodology</h2> <p>To determine the very best online real estate schools for continuing education, we’ve evaluated national and state-specific online real estate education providers. Across dozens of articles, we’ve gained in-depth knowledge of real estate online post-licensing and continuing education courses, analyzing each school based on course offerings, study tools, format options and flexibility, accessibility, student support services, user reviews, and affordability.</p> <p>Equipped with this depth of knowledge, we narrowed this list down to the top four real estate schools nationwide for convenience, excellence in course content, flexibility, value, and user experience. Providing economies of scale, these schools’ course packages are more affordable thanks to technology that makes their online courses way more convenient than having to commute to a local state school to attend in-person classes. Unlike your local school, these industry leading schools have the scale to invest in helpful technology that makes renewing your state license a breeze, so you can get back to working with your clients and advancing your career.</p> <h2 class="wp-block-heading" id="h-real-estate-continuing-education-faqs">Real estate continuing education: FAQs</h2> <ul class="accordion" data-accordion data-deep-link="true" data-deep-link-smudge-delay="500" id="faq-accordion"> <li class="accordion-item" data-accordion-item> <a href="#faq0" class="accordion-title"> Why is real estate continuing education necessary? </a> <p>You’re responsible for helping clients navigate one of the most important financial decisions of their lives. That’s why you must stay up to speed on the latest information, from real estate law and contracts to environmental issues like climate change.</p><p>Not only is it required that you renew your license to stay current, but it’s also beneficial to maintain your skills and expand your industry knowledge through formal education.</p> </li> <li class="accordion-item" data-accordion-item> <a href="#faq1" class="accordion-title"> How many hours of continuing education are required? </a> <p>Real estate continuing education requirements to maintain your real estate license vary from state to state, but most require that you take a set number of hours of CE course hours every two years.</p><p>Some states like West Virginia require as little as 7 CE hours, while states like Texas require 270 qualifying course hours.</p> </li> <li class="accordion-item" data-accordion-item> <a href="#faq2" class="accordion-title"> What is the average cost of online continuing education? </a> <p>Keep in mind that prices vary greatly from state to state, and each school in this buyer’s guide offers budget-friendly course options.</p><p>For the purposes of this real estate school guide, we priced out four of the industry-leading schools, based on their offerings in different areas of the country to determine an average cost of $539 for CE packages and $20 for individual CE courses.</p><p>To determine the average cost of online real estate school prelicensing programs, the following states were reviewed: <a href="https://www.housingwire.com/articles/arizona-real-estate-school/">Arizona</a>, <a href="https://www.housingwire.com/articles/best-real-estate-schools-florida/">Florida</a>, <a href="https://www.housingwire.com/articles/real-estate-schools-illinois/">Illinois</a>, <a href="https://www.housingwire.com/articles/real-estate-schools-maryland/">Maryland</a>, <a href="https://www.housingwire.com/articles/real-estate-schools-massachusetts/">Massachusetts</a>, <a href="https://www.housingwire.com/articles/michigan-real-estate-schools/">Michigan</a>, <a href="https://www.housingwire.com/articles/real-estate-schools-new-jersey-nj/">New Jersey</a>, <a href="https://www.housingwire.com/articles/best-online-real-estate-courses-new-york/">New York</a>, <a href="https://www.housingwire.com/articles/real-estate-schools-north-carolina/">North Carolina</a>, <a href="https://www.housingwire.com/articles/real-estate-classes-ohio/">Ohio</a>, <a href="https://www.housingwire.com/articles/oregon-real-estate-schools/">Oregon</a>, and <a href="https://www.housingwire.com/articles/best-pennsylvania-real-estate-schools/">Pennsylvania</a>.</p> </li> <li class="accordion-item" data-accordion-item> <a href="#faq3" class="accordion-title"> How do I check my real estate CE credits? </a> <p>To see how many continuing education credits you have and how many you still need, some states have a database that you can access via the licensing and regulatory affairs website. While other states don’t even require that you report your CE hours, be sure to keep a record of what courses you’ve completed so that you can provide a certificate of completion in the event you get audited for CE.</p><p>The least stressful way to keep your records updated is to enroll with the same school for all your CE courses and let them help you keep track of courses completed.</p> </li> <li class="accordion-item" data-accordion-item> <a href="#faq4" class="accordion-title"> How do I sign up for online real estate continuing education? </a> <p>The schools featured in this guide make it easy to sign up for your online CE classes. Just click the website of the school of your choice below, select the package you want from the school’s catalog, add it to your cart, checkout, and wait for the school to deliver your package or individual course (typically as an email, link, or both).</p><ul class="arrow-list"><li><a class="thirstylink" href="https://www.housingwire.com/goto/colibri-real-estate-text-rece/" target="_blank" rel="nofollow noopener">Enroll in Colibri</a></li><li><a class="thirstylink" href="https://www.housingwire.com/goto/the-ce-shop-text-rece/" target="_blank" rel="nofollow noopener">Enroll in The CE Shop</a></li><li><a class="thirstylink" href="https://www.housingwire.com/goto/kaplan-text-rece/" target="_blank" rel="nofollow noopener">Enroll in Kaplan</a></li><li><a class="thirstylink" href="https://www.housingwire.com/goto/aceable-agent-text-rece/" target="_blank" rel="nofollow noopener">Enroll in AceableAgent</a></li></ul> </li> </ul> <h2 class="wp-block-heading" id="h-the-full-picture-real-estate-continuing-education-for-2024">The full picture: Real estate continuing education for 2024</h2> <p>Now that you know what the industry-leading online real estate schools have to offer, the pros and cons of each school, and the cost of their continuing education bundles, you can make the most informed decision to fulfill your real estate continuing education requirements. <br><br>Come back for more how-to content and to learn about the best real estate lead generation, marketing and tech tools at <a href="https://www.housingwire.com/vetted/">Vetted by HousingWire</a>.</p> <h3 class="wp-block-heading" id="h-related-articles">Related articles</h3> <div class="qodef-block-container qodef-block-bfa014d1 " > <article class="qodef-blog-item qodef-e qodef-gutenberg-column post-407134 post type-post status-publish format-standard has-post-thumbnail hentry category-real-estate-education category-vetted tag-aceable-agent tag-california-real-estate-training tag-colibri-real-estate tag-kaplan-real-estate-education tag-onlineed tag-real-estate-prelicensing tag-real-estate-u-california tag-the-ce-shop tag-vetted-latest"> <a href="https://www.housingwire.com/articles/best-online-real-estate-schools-california/"> <img loading="lazy" decoding="async" width="1024" height="576" src="https://www.housingwire.com/wp-content/uploads/2023/10/Los-Angeles-California-skyline.png" class="attachment-full size-full" alt="Los Angeles California skyline" srcset="https://www.housingwire.com/wp-content/uploads/2023/10/Los-Angeles-California-skyline.png 1200w, https://www.housingwire.com/wp-content/uploads/2023/10/Los-Angeles-California-skyline.png?resize=150,84 150w, https://www.housingwire.com/wp-content/uploads/2023/10/Los-Angeles-California-skyline.png?resize=300,169 300w, https://www.housingwire.com/wp-content/uploads/2023/10/Los-Angeles-California-skyline.png?resize=768,432 768w, https://www.housingwire.com/wp-content/uploads/2023/10/Los-Angeles-California-skyline.png?resize=1024,576 1024w" sizes="(max-width: 1024px) 100vw, 1024px" data-attachment-id="408952" data-permalink="https://www.housingwire.com/articles/best-online-real-estate-schools-california/los-angeles-california-skyline/" data-orig-file="https://www.housingwire.com/wp-content/uploads/2023/10/Los-Angeles-California-skyline.png" data-orig-size="1200,675" data-comments-opened="1" data-image-meta="{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"0"}" data-image-title="Los Angeles California skyline" data-image-description="<p>Los Angeles California skyline at night</p>" data-image-caption="" data-medium-file="https://www.housingwire.com/wp-content/uploads/2023/10/Los-Angeles-California-skyline.png?w=300" data-large-file="https://www.housingwire.com/wp-content/uploads/2023/10/Los-Angeles-California-skyline.png?w=1024" /> </a> <h4 class="qodef-e-title"> <a class="qodef-e-title-link" href="https://www.housingwire.com/articles/best-online-real-estate-schools-california/"> 5 best online real estate schools in California for 2024 </a></h4> </article><article class="qodef-blog-item qodef-e qodef-gutenberg-column post-445187 post type-post status-publish format-standard has-post-thumbnail hentry category-real-estate-education category-vetted"> <a href="https://www.housingwire.com/articles/best-online-real-estate-school/"> <img loading="lazy" decoding="async" width="1024" height="576" src="https://www.housingwire.com/wp-content/uploads/2024/02/HousingWire-Real-Estate-Exam-Prep_featured-image.jpg" class="attachment-full size-full" alt="HousingWire-Real-Estate-Exam-Prep_featured-image" 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.product-box .faq .accordion-item, .product-box ul.plus-sign-list, .product-box ul.minus-sign-list { padding: 10px !important; } .product-box .faq .accordion-content { padding: 0px 5px; !important; }}/* ---------- END of Rubric Block ---------- */#post-454972 hr.wp-block-separator { margin: 40px; background-color: #1A1F22; border: none;}.disclaimer { padding: 5px 5px !important;}.link-text a { color: #313A3D !important;}/* ---For the hover color--- */ .link-text-hover a:hover { color: #ff1d25 !important;}.grid-container.faq { padding: 0 !important; margin: 40px 0 10px;}</style>]]></content:encoded> <wfw:commentRss>https://www.housingwire.com/articles/real-estate-continuing-education/feed/</wfw:commentRss> <slash:comments>0</slash:comments> <post-id xmlns="com-wordpress:feed-additions:1">454972</post-id> </item> <item> <title>CoStar Group finds success through the sale of Homes.com memberships</title> <link>https://www.housingwire.com/articles/costar-group-finds-success-through-the-sale-of-homes-com-memberships/</link> <comments>https://www.housingwire.com/articles/costar-group-finds-success-through-the-sale-of-homes-com-memberships/#respond</comments> <dc:creator><![CDATA[Sarah Marx]]></dc:creator> <pubDate>Tue, 23 Apr 2024 23:46:29 +0000</pubDate> <category><![CDATA[Real Estate]]></category> <category><![CDATA[Technology]]></category> <category><![CDATA[CoStar Group]]></category> <category><![CDATA[Earnings]]></category> <guid isPermaLink="false">https://www.housingwire.com/?p=457703</guid> <description><![CDATA[The company boosted its revenue by 12% year over year in Q1 2024 ]]></description> <content:encoded><![CDATA[<p><a href="https://www.housingwire.com/tag/costar-group/" target="_blank" rel="noreferrer noopener"><strong>CoStar Group</strong></a> reported a strong first quarter of 2024, with its revenue of $656 million marking a 12% increase from the $584 million figure it posted in first-quarter 2023.</p> <p>But the company posted a net profit of only $7 million, significantly less than in previous quarters. This dip can be partly attributed to the recent <a href="https://www.housingwire.com/articles/costar-to-acquire-3d-scanning-firm-matterport/" target="_blank" rel="noreferrer noopener">acquisition</a> of 3D scanning company <strong>Matterport</strong>, as well as the costs associated with the <strong>Homes.com</strong> <a href="https://www.housingwire.com/articles/costars-billion-dollar-marketing-spend-to-include-four-super-bowl-ads/" target="_blank" rel="noreferrer noopener">marketing campaign</a> during the Super Bowl LVIII broadcast in February.</p> <p>On Monday, CoStar CEO Andy Florance announced the purchase of Matterport’s outstanding shares for $5.50 each, representing a value of $2.1 billion. Through the terms of the deal, stockholders will get $2.75 per share in cash and $2.75 in shares of CoStar Group. During CoStar’s earnings call on Tuesday, Florance insisted that consumers and advertisers prefer a real estate portal with digital twins. </p> <p>“We intend to add Matterport as one of the benefits of the Homes.com membership,” Florance said. “We believe adding 3D digital twins for Homes.com will increase the leads we deliver, increase customer satisfaction, increase renewal rates, increase sales and increase site traffic further.”</p> <p>The integration of Matterport to Homes.com will allow homebuyers to view properties online, helping agents to provide even more value to their clients.</p> <p>Florance also discussed the successful <a href="https://www.housingwire.com/articles/costar-continues-to-post-solid-growth-in-the-fourth-quarter/" target="_blank" rel="noreferrer noopener">launch</a> of the monetization of Homes.com memberships on Feb. 11. In the first quarter, the sales team for Homes.com generated nearly $40 million in net new bookings.</p> <p>“This is by far the strongest sales launch of any product in the company’s history, and we are raising our sales and revenue forecast for Homes.com for the full year 2024,” Florance said.</p> <p>In March, Homes.com reached 156 million monthly unique visitors, according to <strong>Google Analytics</strong>, fueling the <a href="https://www.housingwire.com/articles/zillow-or-costar-nar-settlement-terms-could-determine-a-winner/" target="_blank" rel="noreferrer noopener">fight</a> for listing portal supremacy between Homes.com and <strong>Zillow</strong>.</p> <p>“We believe that Homes.com is now one of two most heavily trafficked residential marketplace portals in the U.S.,” Florance said. </p> <p>While CoStar Group’s overall revenue grew 12% year over year in the first quarter, <strong>Apartments.com </strong>topped 20% revenue growth for the fifth consecutive quarter, while <strong>CoStar</strong> saw 11% revenue growth. Both Apartments.com and CoStar surpassed $250 million in revenue in the first quarter.</p> <p>Florance expressed confidence in CoStar’s business model, particularly in light of the recent <a href="https://www.housingwire.com/articles/judge-grants-preliminary-approval-of-nar-commission-lawsuit-settlement/" target="_blank" rel="noreferrer noopener">commission lawsuit settlement</a> by the <strong>National Association of Realtors</strong>. He believes in the success of Homes.com because it focuses on selling homes and building brands for both agents and brokerage firms. Florence criticized the lead diversion model used by other listing portals, stating that it could become “stressed.” </p> <p>“With recent legal settlements in the real estate industry, we believe that the portals that rely on the lead diversion model could become stressed,’ Florance said.“We are increasingly confident in our ability to build out the No. 1 residential real estate marketplace in terms of traffic, revenue and profitability in the years ahead.”</p>]]></content:encoded> <wfw:commentRss>https://www.housingwire.com/articles/costar-group-finds-success-through-the-sale-of-homes-com-memberships/feed/</wfw:commentRss> <slash:comments>0</slash:comments> <post-id xmlns="com-wordpress:feed-additions:1">457703</post-id> </item> <item> <title>Kevin Sears pulls back the curtain on NAR’s commission lawsuit settlement</title> <link>https://www.housingwire.com/articles/kevin-sears-pulls-back-the-curtain-on-nars-commission-lawsuit-settlement/</link> <comments>https://www.housingwire.com/articles/kevin-sears-pulls-back-the-curtain-on-nars-commission-lawsuit-settlement/#respond</comments> <dc:creator><![CDATA[Brooklee Han]]></dc:creator> <pubDate>Tue, 23 Apr 2024 23:12:30 +0000</pubDate> <category><![CDATA[Legal]]></category> <category><![CDATA[Real Estate]]></category> <category><![CDATA[Commission Lawsuit]]></category> <category><![CDATA[Department of Justice]]></category> <category><![CDATA[Featured Homepage]]></category> <category><![CDATA[HWmember]]></category> <category><![CDATA[National Association of Realtors]]></category> <category><![CDATA[The Gathering]]></category> <guid isPermaLink="false">https://www.housingwire.com/?p=457675</guid> <description><![CDATA[NAR’s president took to the stage at The Gathering just hours after the court granted preliminary approval of the commission lawsuit settlement agreement]]></description> <content:encoded><![CDATA[<p>Mere hours after news broke that Judge Stephen R. Bough had <a href="https://www.housingwire.com/articles/judge-grants-preliminary-approval-of-nar-commission-lawsuit-settlement/" target="_blank" rel="noreferrer noopener">granted preliminary approval</a> of the <strong><a href="https://www.housingwire.com/tag/national-association-of-realtors/" target="_blank" rel="noreferrer noopener">National Association of Realtors’</a></strong> nationwide <a href="https://www.housingwire.com/commission-lawsuits/" target="_blank" rel="noreferrer noopener">commission lawsuit</a> <a href="https://www.housingwire.com/articles/nar-settles-commission-lawsuits-for-418-million/#:~:text=The%20National%20Association%20of%20Realtors,of%20compensation%20to%20buyer%20brokers." target="_blank" rel="noreferrer noopener">settlement agreement</a>, NAR President <a href="https://www.housingwire.com/articles/meet-kevin-sears-nars-latest-president/" target="_blank" rel="noreferrer noopener">Kevin Sears </a>took to the stage at <strong>HousingWire’s</strong> <a href="https://events.housingwire.com/the-gathering-by-housingwire/agenda?dates=1713830400000" target="_blank" rel="noreferrer noopener">The Gathering</a> to pull back the curtain on how the agreement came about. </p> <p>“It was a very intense negotiation session and the plaintiffs kept moving the finish line,” Sears said of the settlement agreement creation process.</p> <p>Despite the challenges, the parties were able to reach an agreement, the terms of which include a requirement for NAR to pay $418 million into a settlement fund. They also bar the trade group from establishing any sort of rules that would allow a seller’s agent to set compensation for a buyer’s agent.<br><br>Additionally, all fields displaying broker compensation on <a href="https://www.housingwire.com/tag/mls/" target="_blank" rel="noreferrer noopener">MLSs</a> must be eliminated, and there is a blanket ban on the requirement that agents subscribe to MLSs in order to offer or accept compensation for their work.</p> <p></p> <p>The settlement agreement also mandates that MLS participants working with buyers must enter into a written <a href="https://www.housingwire.com/articles/consumer-advocacy-group-buyer-agency-agreements-often-contain-unfair-terms/" target="_blank" rel="noreferrer noopener">buyer broker agreement</a>. </p> <p></p> <p>Sears announced that the plaintiffs have asked for a final approval hearing for the settlement on Nov. 26, 2024. In a follow-up interview, Sears told HousingWire that the November approval date will have no impact on the mid-July implementation of the business practice changes outlined in the settlement agreement.</p> <p></p> <p>“The biggest influence for the rule changes is class notification,” Sears told HousingWire. “With the class notification going out mid to late August, we need to make sure that the rule changes are implemented by then. The reason being that if we waited until after the class was noticed to change the rules, then there was potentially a time period where there could still be liability, as the crux of the case were the rules that they said led to what the jury found us liable for. So, if we change the rule, then that liability goes away.”</p> <p></p> <p>Sears told attendees at The Gathering that some of the most intense negotiations centered around trying to protect as many members as possible.</p> <p></p> <p>“The plaintiffs kept moving the finish line and I was sad as president of the National Association of Realtors not to be able to protect everybody, but at the end of the day we realized we need to be able to protect the most people that we can, and in this proposed settlement, that was what we were able to do,” Sears said.</p> <p></p> <p>While the settlement protects roughly 1 million NAR members and hundreds of real estate brokerages nationwide, it does not provide protection for firms that recorded more than $2 billion in residential transaction volume in 2022, meaning that the nation’s largest brokerages are not protected. </p> <p></p> <p>But the settlement does provide a mechanism for brokerages to opt in to the agreement if they so choose, or they can negotiate their own settlement, as <strong><a href="https://www.housingwire.com/articles/compass-settles-commission-lawsuits-for-57-5-million/" target="_blank" rel="noreferrer noopener">Compass</a></strong> and <strong><a href="https://www.housingwire.com/articles/the-real-brokerage-settles-umpa-commission-lawsuit-for-9-25m/#:~:text=In%20the%20NAR's%20%24418%20million,out%20of%20its%20own%20coffers." target="_blank" rel="noreferrer noopener">The Real Brokerage</a></strong> have recently done.</p> <p></p> <p>If firms with a transaction volume of less than $2 billion in 2022 (or non-Realtor member agents) wish to obtain the protection of NAR’s settlement agreement, they now have 60 days to join NAR, as per the settlement timeline.</p> <p></p> <p>Sears also noted that it was important that the settlement agreement continued to provide consumers with choices in how they can compensate their agents, if they choose to work with a real estate agent.</p> <p></p> <p>“Offering cooperative compensation is legal in all 50 states and the four territories that we have Realtor associations, so we didn’t want to usurp state laws,” Sears said.</p> <p></p> <p>Sears told HousingWire that news of the settlement agreement achieving preliminary approval was “very satisfying.”</p> <p></p> <p>“The sooner that we can get this final approval in, the sooner we can let our agents have this in the rearview mirror and they can continue to work and continue to help consumers navigate what is likely the biggest financial transaction of their lives,” Sears added.</p> <p></p> <p>The trade group president was not the only one pleased by the preliminary approval news, as many in the industry feared the <strong><a href="https://www.housingwire.com/tag/department-of-justice/" target="_blank" rel="noreferrer noopener">Department of Justice</a></strong> would look to <a href="https://www.housingwire.com/articles/now-unshackled-the-doj-casts-a-large-shadow-over-the-commission-lawsuit-settlement/" target="_blank" rel="noreferrer noopener">jam up the approval process</a> now that the <strong>D.C. Circuit Court of Appeals</strong> has ruled that the <a href="https://www.housingwire.com/articles/appeals-court-to-allow-doj-to-reopen-its-investigation-into-nar/" target="_blank" rel="noreferrer noopener">government can reopen its investigation</a> into NAR. </p> <p></p> <p>While Sears would not hazard a guess at whether the DOJ will look to get involved, he noted that even if it files a brief in the suit, it is up to the judge to grant the final approval.</p> <p></p> <p>“They <a href="https://www.housingwire.com/articles/the-doj-intervenes-in-nosalek-buyer-broker-commission-lawsuit/" target="_blank" rel="noreferrer noopener">weighed in on the Nosalek case</a> in Massachusetts and they said they wanted a <a href="https://www.housingwire.com/articles/doj-advocates-for-prohibition-of-cooperative-compensation-in-nosalek-commission-lawsuit/" target="_blank" rel="noreferrer noopener">complete decoupling of compensation</a> — they even floated the idea that buyer reps could work at an hourly rate,” Sears said. </p> <p></p> <p>“With the rule changes we are talking about, some of their concerns go away. But the DOJ still cannot stop this settlement. They can weigh in and offer their opinion, and the judge can take that in and do with it what he sees fit, but they cannot stop the settlement based on their advocacy efforts.”</p> <p></p> <p>As the November hearing date approaches, Sears said NAR and its members should be focused on making sure the settlement agreement clears this final hurdle. In an effort to take control of the narrative and the information being circulated about NAR, commissions and the settlement agreement, Sears said the group has appointed hundreds of Realtors across the country to be media surrogates.</p> <p></p> <p>“When it comes to the national media, as disappointing as the coverage is, what I really care about is the local media,” Sears said, alleging that the <strong>The New York Times </strong>broke the embargo on the <a href="https://www.nytimes.com/2024/03/15/realestate/nar-realtors-settlement-takeaways.html" target="_blank" rel="noreferrer noopener">settlement agreement</a> and included false information in its coverage of the news.</p> <p></p> <p>“Local media understands what the Realtors in the community do. We are at the PTA meetings, on the Little League fields, volunteering at the local soup kitchen. We are the fabric of the community, and we now have the opportunity to talk with not only elected officials and regulators in our local communities, but also the media about the value that we bring to the transaction,” Sears added.</p> <p></p> <p>While the November hearing deadline is still several months off, Sears is already beginning to look to the future.</p> <p></p> <p>“We need to make sure that we get this settlement across the finish line for final approval, because if we do that, then it will offer some stability for our membership,” Sears said. “I <a href="https://www.housingwire.com/articles/nar-president-kasper-resigns-following-blackmail-threat/" target="_blank" rel="noreferrer noopener">became president </a>on Jan. 8, and shortly thereafter I was able to have a conversation with the entire staff of the National Association of Realtors, and I just talked about my philosophy. </p> <p></p> <p>“As a former athlete, I believe when you are in a slump, what you need to do is get back to basics and focus on the fundamentals, so I believe we need to get back to what our core mission is, which is to make our members more successful.”</p> </p>]]></content:encoded> <wfw:commentRss>https://www.housingwire.com/articles/kevin-sears-pulls-back-the-curtain-on-nars-commission-lawsuit-settlement/feed/</wfw:commentRss> <slash:comments>0</slash:comments> <post-id xmlns="com-wordpress:feed-additions:1">457675</post-id> </item> <item> <title>A look back at HousingWire’s 2023 Marketing Leaders</title> <link>https://www.housingwire.com/articles/a-look-back-at-housingwires-2023-marketing-leaders/</link> <comments>https://www.housingwire.com/articles/a-look-back-at-housingwires-2023-marketing-leaders/#respond</comments> <dc:creator><![CDATA[Lesley Collins]]></dc:creator> <pubDate>Tue, 23 Apr 2024 23:01:44 +0000</pubDate> <category><![CDATA[Mortgage]]></category> <category><![CDATA[Real Estate]]></category> <category><![CDATA[HW Marketing Leaders]]></category> <guid isPermaLink="false">https://www.housingwire.com/?p=457652</guid> <description><![CDATA[The HousingWire Marketing Leaders award recognizes outstanding professionals who have demonstrated excellence in marketing within mortgage and real estate.]]></description> <content:encoded><![CDATA[<p><em>The HousingWire award spotlight series highlights the individuals and organizations that have been recognized through our Editors’ Choice Awards. Nominations for HousingWire’s <a href="https://www.housingwire.com/marketing-leaders/">2024 Marketing Leaders</a> award are open now through April 30th, 2024. <a href="https://www.housingwire.com/marketing-leaders/">Click here</a> to nominate someone.</em></p> <figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1600" height="900" data-attachment-id="457663" data-permalink="https://www.housingwire.com/articles/a-look-back-at-housingwires-2023-marketing-leaders/marketing-leaders-article-2/" data-orig-file="https://www.housingwire.com/wp-content/uploads/2024/04/marketing-leaders-article-2.png" data-orig-size="1600,900" data-comments-opened="1" data-image-meta="{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"0"}" data-image-title="marketing-leaders-article-2" data-image-description="" data-image-caption="" data-medium-file="https://www.housingwire.com/wp-content/uploads/2024/04/marketing-leaders-article-2.png?w=300" data-large-file="https://www.housingwire.com/wp-content/uploads/2024/04/marketing-leaders-article-2.png?w=1024" src="https://www.housingwire.com/wp-content/uploads/2024/04/marketing-leaders-article-2.png?w=1024" alt="marketing-leaders-article-2" class="wp-image-457663" srcset="https://www.housingwire.com/wp-content/uploads/2024/04/marketing-leaders-article-2.png 1600w, https://www.housingwire.com/wp-content/uploads/2024/04/marketing-leaders-article-2.png?resize=150,84 150w, https://www.housingwire.com/wp-content/uploads/2024/04/marketing-leaders-article-2.png?resize=300,169 300w, https://www.housingwire.com/wp-content/uploads/2024/04/marketing-leaders-article-2.png?resize=768,432 768w, https://www.housingwire.com/wp-content/uploads/2024/04/marketing-leaders-article-2.png?resize=1024,576 1024w, https://www.housingwire.com/wp-content/uploads/2024/04/marketing-leaders-article-2.png?resize=1536,864 1536w" sizes="(max-width: 1600px) 100vw, 1600px" /></figure> <p>The <a href="https://www.housingwire.com/marketing-leaders/">HousingWire Marketing Leaders</a> award recognizes outstanding professionals who have demonstrated excellence in marketing within mortgage and real estate. These leaders play a pivotal role in shaping the industry’s narrative, driving business growth and enhancing customer engagement. In an ever-evolving housing market, marketing professionals serve as strategic architects, leveraging innovative strategies to navigate challenges, capitalize on opportunities, and differentiate their brands.</p> <p>Their impact extends beyond traditional advertising and promotion; marketing professionals are catalysts for change, driving digital transformation, fostering customer-centric experiences, and leveraging data-driven insights to inform strategic decision-making. This impact is evident in the achievements of <a href="https://www.housingwire.com/articles/announcing-the-2023-hw-marketing-leaders/">HousingWire’s 2023 Marketing Leaders</a> honorees. </p> <p>Take a look below to see some of <a href="https://www.housingwire.com/articles/announcing-the-2023-hw-marketing-leaders/">last year’s winners</a> and the accomplishments that helped earn them their win. </p> <p><a href="https://www.housingwire.com/winner-profile/2023-hw-marketing-leader-celia-pinczower/">Celia Pinczower</a>, Head of Marketing at <strong>Endpoint</strong>, was honored for her role in launching the Endpoint suite of products in the market and evolving its brand as the company has expanded its capabilities and service offerings. As a former NCAA athlete at the University of Southern California, Pinczower brings a can-do attitude to every task and has challenged her team and others to do the same.</p> <p><a href="https://www.housingwire.com/winner-profile/2023-hw-marketing-leader-julie-pierson-fields/">Julie Pierson-Fields</a>, Vice President of Marketing, has excelled at directing and implementing marketing strategies for all <strong>Fathom Holdings, Inc</strong>. brands, including brokerage, mortgage, title, insurance and technology. Her expert command of project management has allowed her to oversee the successful implementation of these strategies across all business verticals.</p> <p><a href="https://www.housingwire.com/winner-profile/2023-hw-marketing-leader-michael-wojcik/">Michael Wojcik</a>, Chief Marketing Officer at <strong>Fay Financial</strong> has been instrumental in adding new business relationships, expanding direct-to-consumer marketing and improving the efficiency and effectiveness of projects across departments and partner companies. During his time as CMO he has increased profitability through affiliate-sourced acquisitions, built a more robust marketing infrastructure, developed CRM and analytics capabilities and created marketing plans to support emerging business opportunities.</p> <p><a href="https://www.housingwire.com/winner-profile/2023-hw-marketing-leader-whitney-curry/">Whitney Curry</a>, has propelled <strong>Pacaso</strong> to become the pioneer of co-ownership of luxury real estate. As the Chief Marketing Officer, she has overseen the brand development and strategy and helped Pacaso reach unicorn status with a $1 billion valuation in 2021. Curry is an expert brand builder and a female leader in a historically male-dominated space, inspiring her team to pull up their chair with confidence and contribute to the table.</p>]]></content:encoded> <wfw:commentRss>https://www.housingwire.com/articles/a-look-back-at-housingwires-2023-marketing-leaders/feed/</wfw:commentRss> <slash:comments>0</slash:comments> <post-id xmlns="com-wordpress:feed-additions:1">457652</post-id> </item> <item> <title>FTC bans noncompete clauses nationwide</title> <link>https://www.housingwire.com/articles/ftc-bans-noncompete-clauses-nationwide/</link> <comments>https://www.housingwire.com/articles/ftc-bans-noncompete-clauses-nationwide/#respond</comments> <dc:creator><![CDATA[Chris Clow]]></dc:creator> <pubDate>Tue, 23 Apr 2024 22:22:52 +0000</pubDate> <category><![CDATA[Regulatory]]></category> <category><![CDATA[Yahoo Finance]]></category> <category><![CDATA[Federal Trade Commission]]></category> <category><![CDATA[Joe Biden]]></category> <guid isPermaLink="false">https://www.housingwire.com/?p=457631</guid> <description><![CDATA[The measure follows up on a 2021 executive order by President Biden, but one group has already vowed to challenge it in court.]]></description> <content:encoded><![CDATA[<p>The <a href="https://www.housingwire.com/tag/federal-trade-commission/" target="_blank" rel="noreferrer noopener"><strong>Federal Trade Commission</strong></a> (FTC) announced on Tuesday a decision to ban noncompetes nationwide, aiming to stop the practice of preventing a worker from immediately joining a rival company.</p> <p>The rule is designed to “[protect] the fundamental freedom of workers to change jobs, increasing innovation, and fostering new business formation,” the FTC said in its <a href="https://www.ftc.gov/news-events/news/press-releases/2024/04/ftc-announces-rule-banning-noncompetes" target="_blank" rel="noreferrer noopener">announcement</a> of the rule.</p> <p>“Noncompete clauses keep wages low, suppress new ideas, and rob the American economy of dynamism, including from the more than 8,500 new startups that would be created a year once noncompetes are banned,” said FTC Chair Lina Khan in a statement. “The FTC’s final rule to ban noncompetes will ensure Americans have the freedom to pursue a new job, start a new business, or bring a new idea to market.”</p> <p>The FTC claims that doing away with noncompetes will help more entrepreneurs to create more businesses, resulting in 2.7% more business incorporations on an annual basis, or roughly 8,500 new businesses each year. The FTC also asserts that earnings for workers will rise by an additional $524 per year and that healthcare costs could fall by “up to $194 billion over the next decade.”</p> <p>“In addition, the final rule is expected to help drive innovation, leading to an estimated average increase of 17,000 to 29,000 more patents each year for the next 10 years under the final rule,” the FTC claimed.</p> <p>The rule would also apply retroactively to existing noncompetes as of the effective date, which is 120 days following the rule’s publication in the Federal Register, which is expected in the next few days. The <strong>U.S. Chamber of Commerce</strong> has <a href="https://www.uschamber.com/finance/antitrust/u-s-chamber-to-sue-ftc-over-unlawful-power-grab-on-noncompete-agreements-ban" target="_blank" rel="noreferrer noopener">vowed to take legal action</a> against the FTC, according to a statement calling the ban “an unlawful power grab.”</p> <p>The rule follows through on an <a href="https://www.whitehouse.gov/briefing-room/presidential-actions/2021/07/09/executive-order-on-promoting-competition-in-the-american-economy/" target="_blank" rel="noreferrer noopener">Executive Order</a> issued by President <a href="https://www.housingwire.com/tag/joe-biden/" target="_blank" rel="noreferrer noopener">Joe Biden</a> in the summer of 2021, who directed the FTC to ban or limit such agreements in the U.S. labor force.</p> <p>It’s not common practice in the <a href="https://www.housingwire.com/mortgage/" target="_blank" rel="noreferrer noopener">mortgage</a> and <a href="https://www.housingwire.com/real-estate/" target="_blank" rel="noreferrer noopener">real estate</a> industries to make use of noncompetes. In the housing space, non-competes are more likely to affect executives than rank-and-file employees. Most real estate agents are freelance employees, but some mortgage loan officers, account executives and marketing personnel are bound by such agreements.</p> <p>Some loan originators may be bound by noncompetes if their employment agreements are tied to compensation, Kevin Peranio, chief lending officer at <strong>PRMG</strong>, said in a <a href="https://www.housingwire.com/articles/how-a-noncompete-ban-would-impact-the-mortgage-industry/" target="_blank" rel="noreferrer noopener">2021 HousingWire interview</a>. </p> <p>Jim Clapp, president of <strong>Certainty Home Lending</strong>, added at the time that “non-solicitation” clauses which “state that an LO or employee cannot solicit employees from the departing company for a set period like six months or one year” are far more prevalent in the mortgage industry than non-competes.</p>]]></content:encoded> <wfw:commentRss>https://www.housingwire.com/articles/ftc-bans-noncompete-clauses-nationwide/feed/</wfw:commentRss> <slash:comments>0</slash:comments> <post-id xmlns="com-wordpress:feed-additions:1">457631</post-id> </item> </channel></rss> If you would like to create a banner that links to this page (i.e. this validation result), do the following:
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