Borrower surveys pinpoint closings as problem area for lenders
Investments lenders have made to streamline the application process seem to be paying off, but surveys show borrowers are still tripped up by document collection and closings
by Matt Carter Aug 30
Ribbon slashes one-third of workforce to adjust to 'new reality'
After expanding into 8 new states and more than doubling its market footprint this year, the Power Buyer is laying off 136 employees in search of an 'achievable path to profitability'
by Matt Carter Jul 28
Sprout Mortgage is 2nd non-QM lender to implode in as many weeks
Failures raise questions about the viability of a small but growing corner of the mortgage business that largely serves self-employed borrowers
by Matt Carter Jul 7
Real estate agents band together for recovery in tornado-stricken states
Tornadoes ripped through six states between Friday and Saturday morning, wreaking havoc and destruction. Realtors told Inman that they were helping each other amidst the devastation
by Lillian Dickerson Dec 13
RE/MAX and eXp Realty settle their recruitment lawsuit
RE/MAX had sued eXp Realty earlier this year over claims the latter company improperly solicited RE/MAX franchisees and that it misrepresented RE/MAX's commission splits
by Jim Dalrymple II Aug 20
Compass shows up in Missouri with offices in Kansas City, St. Louis
Compass has launched its first markets in Missouri with 40 agents across Kansas City and St. Louis. This is Compass' eighth new market since its IPO
by Marian McPherson Jun 8
RE/MAX sues eXp Realty over recruitment, 'false advertising'
The suit claims eXp tried to solicit franchisees whose contracts with RE/MAX weren't over yet, and that it misrepresented RE/MAX's commission splits, among other things
by Jim Dalrymple II May 24
Top Coldwell Banker team in Missouri jumps to eXp Realty
The team, which includes 22 agents, is the latest of many that have switched from a legacy brand to the upstart virtual brokerage
by Jim Dalrymple II May 20
EXp continues streak by adding new 24-person team
Experience Realty Partners is based in St. Louis, Missouri, and is the third team eXp has picked up this month
by Jim Dalrymple II Apr 15
HomeSmart acquires PalmerHouse Properties in massive expansion
The deal adds another 2,000 agents and 6 states to the company's own-side brokerage business
by Patrick Kearns Mar 10
Why brokers need a dynamic leadership plan
At Inman Connect, leaders from BHGRE came together to discuss how brokers can better help agents build roadmaps, establish systems and remain 'dynamic'
by Craig C. Rowe Jan 28
Foreclosure filings decline as moratorium is extended through January
U.S. foreclosure filings decreased 14% in November 2020 from the month before and dropped 80% year over year
Home prices rise in opportunity zones, but lag behind nationwide gains
A report by Attom Data Solutions reveals that opportunity zones experienced a strong quarter, but gains still fell below the pace of broader metro areas across the US
by Lillian Dickerson Nov 11
Americans head to the polls as real estate industry holds breath
Voters have to choose between President Trump and Joe Biden as concerns about unprecedented voter intimidation, fraud and violence swirl around the country. Real estate agents like Ellen Sykes of Warburg Realty volunteered at voting centers across the US
by Jim Dalrymple II Nov 3
Vacant zombie properties continue to decline amid foreclosure moratorium
In the fourth quarter of 2020, properties in the process of foreclosure decreased 7.3% from the previous quarter while the number of properties sitting empty declined 4.4%
by Lillian Dickerson Oct 28