The Key to Reducing Post-Refi Boom Borrower Churn

In this webinar, PRMG Chief Lending Officer Kevin Peranio will help attendees sort through the right technologies as he shares the tech investments that have had the biggest impact on his business.

Tracey Velt breaks down the latest RealTrends 500 rankings

During the episode, Velt highlights which brokerages achieved top rankings in both categories for 2020, and shares what stood out to her the most about the rankings.

Navigating Closing Struggles in 2021’s Purchase Market

Join this webinar to discover the most current information on hybrid and full eNote eClosings and discuss key criteria to successfully implementing your eClosing strategy.

About 7M refi candidates missed the “forever rate” boat

Rates jumped to 3.17% last week and Black Knight reported that there are now just 11.1 million “high quality” refi candidates. The smallest number of potential refi candidates in a year.

Real Estate

Keller Williams, and brokerage’s diversity shortcomings

Recent KW hires highlight residential real estate’s lack of women and minority in leadership positions

Marc King’s latest Instagram post is a quote from Dr. Suess – “You have to be odd to be number one.”

But King’s elevation to Keller Williams president this week isn’t odd in one way – he’s a white man. King also replaces a white man, the abruptly departed Josh Team, and reports to another white man, Carl Liebert, the CEO of the brokerage’s holding company, KWx.

These moves were orchestrated by another Caucasian male, Gary Keller, the brokerage’s co-founder and executive chairman. Keller, in turn named another white man, Matt Green, new head of agent and partner experience, and recruited Chris Cox, a white man, to helm technology and digital.

Some of Keller Williams’ own agents slammed the white male musical chairs.

“All white guys,” Christopher Paul, a Keller Williams agent in Southern California, said in an Inman News Facebook thread Tuesday. “There is incredible talent that also includes diversity out there. But no. The good old boy strategy still at play. This was an opportunity missed.”

So, did Keller Williams make an unforced error?

The answer partly lies in the brokerage’s mysterious and still unfolding executive turnover.

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