Jack  Torres

Jack Torres

Real Estate Broker/Owner REALTOR®,

License #: C-12965

Mobile:
7872983888
Office:
787-298-3888
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Mid-Size Lender Lower Acquires Home Search Portal Movoto as Year of Consolidation Continues

USA Real Estate News-RISMedia - Wed, 2025-05-14 13:05

Digital mortgage lender Lower has acquired real estate portal Movoto in a move that shows a growing appetite for deals between mortgage companies and consumer-facing real estate platforms. The acquisition announced Tuesday combines Lower’s mortgage lending platform with the digital home-search reach of Movoto.com, which attracted more than 150 million visits in 2024. Executives describe…

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10 conversation starters and scripts to win sellers this spring

USA Real Estate News-Inman - Wed, 2025-05-14 12:29
Great conversations, writes coach Annette DeCicco, start by providing sellers information and choices so that they can confidently make decisions. Study up. Practice your lines. Every expert does.

Appraisal Institute Faces ‘Fraud,’ Sexual Harassment Allegations

USA Real Estate News-RISMedia - Wed, 2025-05-14 11:22

A lawsuit filed by a fired Appraisal Institute employee is alleging that over multiple years, the organization misreported test scores to regulators and state agencies, refusing to rectify issues when they came to light. Alissa Akins, former Director of Education and Publications at the Appraisal Institute, alleges that she was terminated after bringing the issue…

The post Appraisal Institute Faces ‘Fraud,’ Sexual Harassment Allegations appeared first on RISMedia.

Fathom ‘Elevates’ to New Heights in Q1

USA Real Estate News-RISMedia - Wed, 2025-05-14 11:06

Fathom Holdings Inc. achieved some definite growth in business in Q1 2025, with executives pointing to the launch of the new Elevate program as a strong indicator of current—and future—successes. Fathom reported a total revenue of $93.1 million in Q1 2025 in its recent earnings call, up from $91.7 million in Q4 2024 and a…

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NAR’s new law firm for antitrust suits charges up to $3K an hour

USA Real Estate News-Inman - Wed, 2025-05-14 10:50
The trade group has replaced Cooley with Quinn Emanuel Urquhart & Sullivan in the Moehrl and Gibson cases, a law firm that has represented NAR for years in other antitrust cases.

Mortgage Applications Increase as Rates Continue Holding Steady

USA Real Estate News-RISMedia - Wed, 2025-05-14 10:34

Continued steady mortgage rates this past week resulted in a slight increase in mortgage application volume as the spring market is now fully underway. According to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association (MBA) for the week ending May 9, the Market Composite Index (a measure of mortgage loan application volume)…

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Second Century Ventures Announces 8 Companies for 2025 REACH Scale-Up Program

USA Real Estate News-RISMedia - Wed, 2025-05-14 09:56

Second Century Ventures, the strategic investment arm of the National Association of REALTORS®, has announced the acceptance of eight companies to the 2025 NAR REACH program. For more than a decade, the REACH program has vetted, selected and accelerated unique technology solutions focused on the U.S. residential real estate sector, significantly impacting real estate agents,…

The post Second Century Ventures Announces 8 Companies for 2025 REACH Scale-Up Program appeared first on RISMedia.

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