Real estate news

• Savings on Errors and Omissions Coverage

  19-06-2018 22:57
  NAR PULSE—Victor O. Schinnerer & Company and the National Association of REALTORS® have partnered under the REALTOR Benefits® Program to provide a first-class errors and omissions (E&O) insurance program to both REALTORS® and REALTOR®-firms. Several premium credits are available, as allowed by state law, including a credit for being an NAR member, holding select NAR designations, use of standard contracts and more. Learn more.
  Brokerage Success Stories from realtor.
  
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• Housing Starts Spike to 11-Year High, Permits Stumble

  19-06-2018 22:54
  Following a dip last month, housing starts rebounded in May, up 5 percent to 1.35 million from the revised April estimate of 1.286 million, according to recent data released by the U.S. Department of Housing and Urban Development and the Commerce Department. Meanwhile, single-family housing starts jumped up 3.9 percent since April to 936,000, the second-highest reading since the Great Recession, according to the National Association of Home Builders. Multifamily starts (five units or more) dropp
  
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• HomeServices of America® Acquires BHHS Ambassador Real Estate

  19-06-2018 22:52
  Acquisition strengthens HomeServices’ presence in the Omaha market
  HomeServices of America, Inc., has announced that it has acquired Berkshire Hathaway HomeServices Ambassador Real Estate as well as an ownership interest in Ambassador Title Services. Financial terms of the transaction were not disclosed.
  Headquartered in Omaha, Nebraska, Ambassador Real Estate serves the Omaha, Lincoln, Council Bluffs, Fremont, and Dundee communities with 630 sales associates operating in five sales office
  
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• NAR Applauds Rule Making Realtors® Eligible to Participate in Association Health Plans

  19-06-2018 22:50
  The U.S Department of Labor has finalized its rule to expand the definition of “employer” to include “working owners,” allowing real estate professionals and other self-employed individuals to participate in association health plans. The ruling also makes AHPs available to independent contractors who are offered coverage through a spouse, the current source of coverage for roughly 40 percent of Realtors®.
  National Association of Realtors® President Elizabeth
  
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• A new multifamily consultation firm enters the ring in New York

  19-06-2018 22:05
  
  A new multifamily real estate company launched in New York today. Bloomstone Group, a full-service real estate advisory firm, will offer its services in consulting, development, marketing, sales and leasing for multifamily residential projects and condominium properties.
  
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• Waterstone Mortgage appoints A.W. Pickel as president

  19-06-2018 22:01
  
  Waterstone Mortgage announces the appointment of A.W. Pickel as company president, specializing in the management of day-to-day operations and administrative duties. Pickel’s appointment comes off the heels of significant company growth.
  
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• HousingWire acquires The Reverse Review, adds Editor Jessica Guerin

  19-06-2018 21:04
  
  More exciting changes are happening at HousingWire! This week, we are announcing our acquisition of The Reverse Review. This means a new fresh face at HousingWire. Reverse Review Editor Jessica Guerin is joining HousingWire’s staff as an editor to lead our expanding coverage of the housing wealth market and is launching a Reverse Review newsletter.
  
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• Efficient collateral valuation: Keys to lending success

  19-06-2018 16:45
  
  While 2018 will be a tougher year for lenders, originators can still generate solid revenue and profit for their institutions with effective marketing and loan fulfillment programs. Better than that, by focusing their efforts on the right products, they will also have the opportunity to build stronger relationships with existing bank customers and credit union members, positioning themselves for additional business when volume increases in the future. Here are the three keys to succeed in this b
  
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• Walker & Dunlop taking on the West Coast, hires Javier Rivera to develop its investment sales platform

  19-06-2018 16:39
  
  Walker & Dunlop hired Javier Rivera as senior vice president to help lead its newly minted West Coast multifamily investment sales team. Before he signed on with Walker & Dunlop, Rivera was an executive vice president with JLL’s Capital Markets Group and built the company’s multifamily investment sales and finance business in Southern California.
  
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