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Zillow believes the evolution of the industry will only help it grow

Housing Wire

According to Barton, the “substance of the settlement” is a “very reasonable middle path forward for the industry, where commissions are communicated between sellers and buyers and both parties are better educated.” Barton also touched upon the terms of NAR’s settlement agreement.

Agents 335
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Closing arguments wrap up as Sitzer jury heads for deliberations

Housing Wire

Davis also discussed the MLS and how the National Association of Realtors’ Clear Cooperation Rule impacts both buyers and sellers during her time on the stand. Like the defendants who testified before her, Davis noted that buyers’ agents help both buyers and sellers, as they help bring qualified buyers to the bargaining table.

Agents 373
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Loan-repurchase risk threatens future M&A deals

Housing Wire

In other words, independent mortgage banks (IMBs) acting as buyers in M&A deals are being asked to assume the future R&W liabilities for past loans sold to Fannie Mae by the seller should the seller, at some point, be unable to honor the terms of the contracts.

Buyers 338
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NFT mania and the future of the home sale

Housing Wire

Absolutely, I will offer an NFT option to sellers within the next year,” said Richard Hopen, a Compass agent in Short Hills, New Jersey. The Gulfport seller, Heckler explained, created a limited liability company that held ownership of the home. Propy then guided the seller into minting the LLC as an NFT.

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4 Ways to Help Manage Client Expectations

McKissock

I would recommend including at least property access, financial outcomes, and potential roadblocks from contract to closing. Sellers and buyers need to have a clear understanding of who can and will have access to the property in question. Another major expectation that sellers and buyers share is potential financial outcomes.

Clients 87
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For Sale By Owner (FSBO): A Comprehensive Guide for 2023

Listing Spark

In this blog post, we’ll explore the typical experience of a For Sale By Owner seller and provide insights into what you can expect when listing your property. By eliminating these costs, sellers can potentially save thousands of dollars. Buyers appreciate proactive and attentive sellers. What is For Sale By Owner?

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Appraiser Liability Risks

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on AVMs and AI, good appraisal book, Real estate market, Fannie, non-lender appraisals, unusual homes, mortgage origination stats, etc. Why you need this book Have you ever had to appraise a home with “no comps”? A home modified for handicapped access?