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The ‘double-edged sword’ of dual licensing

Housing Wire

As the engines of the housing and mortgage markets continue to sputter due to higher interest rates and fewer buyers, industry innovators are looking for ways to get their company’s wheels off the ground. of the loan amount, with a $5,000 cap, which adds to the typical buyer-side agent commission of up to 3%.

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Opinion: Real estate is already changing, despite commission lawsuit’s outcome

Housing Wire

Buyer’s agent commissions won’t necessarily go away Two weeks ago, the Real Estate Board of New York (REBNY) and the Residential Listing Service modified their rules starting Jan. This means a listing agent can now present their listings to the public, offering $0 buyer agent compensation.

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Nearly 40 housing tech firms make the 2023 Inc. 5000 list

Housing Wire

126 Transactly 3,852% 2017 Real estate transaction platform providing automation, integrations and tech-enabled services that significantly reduce process time. 193 CertifID 2,807% 2017 A company dedicated to fighting wire fraud for the real estate industry. Other established names to make the Inc.

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Pricing exceptions are widespread in mortgage — and so are the regulatory risks

Housing Wire

“Another loan closing today is for a real estate agent who is an investor and has done many mortgages in the past. Mike did not hesitate: “I did more pricing exceptions for the real estate agent,” he said in an interview on the day of the loan closings. She’s well educated. It’s not without risk.

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Inside Redfin’s unique, brave and vulnerable business model

Housing Wire

But what makes Redfin different – what makes it radically, transformatively different – is that it classifies real estate agents as employees. These employee agents are exceedingly more productive than the average independent contractor agent. million real estate agents.

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Understanding the Role of the Real Estate Agent

Zillow

While real estate websites and mobile apps can help you identify houses you may be interested in, an experienced agent does much more, including: 1. Before you tour your first home, your agent will take time to learn more about your wants, needs, preferences, budget and motivation.

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Hit list: Inside CoStar’s all-out war against Zillow

Housing Wire

Real estate agents in New York City — and across the country — are cheering for Florance. The information they gathered from taking pictures of buildings and developing relationships with commercial real estate agents led to a role in facilitating transactions, Florance said. and then across the country.

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