Housing Wire

OCTOBER 4, 2023

District Court in Boston granted the Department of Justice’s request to extend all settlement related deadlines in the Nosalek buyer broker compensation class action lawsuit on Tuesday. Unlike the two other buyer-broker commission lawsuits, Moehrl and Sitzer/Burnett , NAR is not a defendant in the Nosalek lawsuit.

Buyers 374

Buyers Realtors Sellers Legal 374

Housing Wire

SEPTEMBER 5, 2023

Find your audience Not every real estate transaction is the same because not all buyers and sellers are the same. Do you specialize in helping first-time buyers and sellers, or are you leaning towards working with real estate investors ? Help them better understand and retain information by providing resources they can take home.

Real Estate 406

Real Estate Sellers Buyers Clients 406

Housing Wire

APRIL 10, 2024

According to the publication, the CFPB will release a request for information on closing costs, including title insurance and other fees, as soon as late April. Sources told Bloomberg that any final proposal on changes to closing costs, including title insurance, would not come until 2025.

Buyers 426

Buyers Insurance Mortgage Finance 426

Housing Wire

OCTOBER 2, 2023

MLS Property Information Network’s (MLS PIN) settlement agreement in the Nosalek class action antitrust buyer-broker compensation lawsuit has hit yet another snag. Unlike the two other buyer-broker commission lawsuits, Moehrl and Sitzer/Burnett , NAR is not a defendant in the Nosalek lawsuit. 4, 2024 to March 7, 2024.

Buyers 351

Buyers Realtors Real Estate Sellers 351

Housing Wire

NOVEMBER 29, 2023

In the ever-competitive real estate market, creating a consistent flow of real estate buyer leads is strategy for success. But beyond first-timers, we’ll show you how to attract real estate buyers of all kinds through a multi-tiered marketing approach that boosts both your visibility and credibility with potential buyers.

Real Estate 362

Real Estate Buyers Tools Real Estate Agent 362

Housing Wire

MAY 29, 2024

In fact, NWMLS said that its own rules on buyer agent compensation are fairer and more transparent than the terms NAR agreed to in March. Instead, the settlement agreement allows for offers of compensation ’off MLS,’ where that information is hard to find and not available to all buyers and brokers.

Sellers 474

Sellers Buyers Brokerage Realtors 474

Housing Wire

OCTOBER 16, 2023

At the crux of the case is the allegation that commission rates are too high, it’s unfair that the seller pays the buyer’s agent’s commission, and that the National Association of Realtors’ (NAR) Code of Conduct and MLS Handbook lead to set pricing.

Buyers 446

Buyers Brokerage Agents Realtors 446

Housing Wire

JULY 17, 2023

Within three hours at DealMakers, I already learned enough information to more than justify the time and money invested. Buyers and sellers alike must learn to navigate these uncharted waters. Buyers aren’t willing to value companies at that level in this market, nor should they. For some, it’s like a child.

Real Estate 319

Real Estate Buyers Sellers Brokerage 319

Inman

MAY 2, 2024

Imaging company Planitar released an update to its iGuide tour experience that encourages buyers to offer contact information and feedback.

Buyers 125

Buyers Technology 125

Appraisal Buzz

APRIL 11, 2022

Here are some buyer relocation trends to watch out for in 2022’s hectic real estate market. Many millennial and Gen-Z first-time buyers look for second homes before investing in a full-time primary residence. Affordability remains an issue for younger buyers who haven’t yet saved enough money. More Second Home Purchases.

Buyers 370

Buyers Renovations Supply Chain Housing Market 370

Housing Wire

MAY 17, 2023

” Incenter Diligence’s due diligence team creates a tailored review scope for each buyer or seller based on factors such as seasoning, geography, performance, and other key portfolio attributes. “Buyers and sellers need a diligence firm that can customize reporting in a timely manner.

Sellers 328

Sellers Buyers Clients Technology 328

Housing Wire

OCTOBER 5, 2021

Homeowners are able to track tours and buyer feedback on their home through the Redfin Owner Dashboard. When an ADT outfitted home is purchased through Redfin, the buyer keeps the pre-installed smart lock, ADT security panel, and sensors, which are valued at $899. customers sometime in the future.

Buyers 379

Buyers Agents Real Estate Technology 379

Housing Wire

MAY 21, 2024

Buying a home in a non-disclosure state, where sale prices are not available to the general public, presents a unique set of challenges and requires home buyers to be more proactive in gathering information. Comparables can help agents assess current market trends, and make informed decisions when it comes to a fair offer price.

Real Estate Agent 395

Real Estate Agent Real Estate Inspection Tools 395

Housing Wire

NOVEMBER 16, 2022

But Brian Hale, who is assisting several buyers in their hunt for independent mortgage bank acquisition targets, sees an even more brutal landscape ahead. Based on numerous interviews with mergers and acquisitions experts, we dove into the 2023 IMB buyer profile. trillion in loans, about half of 2021’s $4.4 trillion to $1.7

Buyers 398

Buyers Mortgage Sellers Investing 398

Housing Wire

FEBRUARY 14, 2024

Jeremy Foster, founder and chairman of Calque Buying a home today can be stressful and fraught with complicated issues, such as contingencies requiring the buyer to sell their current home before qualifying for the home they want to buy. Buy before you sell (BBYS) products may be the answer.

Buyers 353

Buyers Loan Officers Real Estate Agent Agents 353

Housing Wire

MAY 3, 2024

The changes include eliminating and prohibiting “requirement of offers of compensation in the MLS between listing brokers or sellers to buyer brokers or other buyer representatives,” as well as prohibiting “MLS Participants, Subscribers, and sellers from making any offers of compensation in the MLS to buyer brokers or other buyer representatives.”

Sellers 433

Sellers Legal Buyers Realtors 433

Housing Wire

AUGUST 10, 2023

A little over a month after filing an agreement in one of the ongoing buyer broker commission lawsuits, New England’s largest multiple listing service (MLS), MLS Property Information Network (MLS PIN)’s attempt to settle the Nosalek case, has hit a snag. However, unlike Moehrl and Burnett , NAR is not named as a defendant.

Buyers 281

Buyers Realtors Legal Finance 281

Cleveland Appraisal Blog

AUGUST 6, 2021

Below is a chart from the National Association of REALTORS article on home buyer regret. Some buyers may be relocating from a different state, and feel pressured to purchase a home sight unseen. It’s not that these pictures are meant to deceive buyers. Do you know of anyone who purchased a home within the past year?

Buyers 243

Buyers Property Taxes Inspection Market Value 243

Inman

OCTOBER 10, 2023

First-time buyers may not be ready to purchase a home right away, but with a little patience you can turn them into lifelong clients. Keller Williams Head of Inclusion and Belonging Julia Lashay Israel offers insights on providing education and information that converts.

Buyers 127

Buyers Clients Agents Marketing 127

Housing Wire

JUNE 23, 2023

To determine eligibility for the CCM Smart Start program or obtain further information, individuals are encouraged to reach out to a CCM loan officer. At least one occupying borrower must be a first-time homebuyer, and the applicants must have an income at or below 80% of the county area median income (AMI).

Buyers 341

Buyers Retail Loan Officers Insurance 341

Housing Wire

OCTOBER 27, 2023

Class action attorneys allege real estate commission rates are too high and buyer brokers are being paid too much due to NAR rules. These virtual marketplaces provide efficiency, transparency and accurate information to facilitate home transactions. And if those same consumers had to go it alone without buyer representation?

Real Estate Agent 455

Real Estate Agent Real Estate Realtors Buyers 455

Inman

JUNE 5, 2023

Not crazy about buyer love letters? Mortgage expert Rick Guerrero says that a great lender can reach out to the listing agent on a buyer's behalf to offer information and reassurance.

Buyers 112

Buyers Agents Mortgage Lending 112

Housing Wire

MAY 3, 2024

Earlier this week, Zillow launched a new “touring agreement,” a nonexclusive contract for buyers and agents to use for home tours. This agreement must be signed prior to an agent taking a buyer to tour a home. This agreement must be signed prior to an agent taking a buyer to tour a home.

Legal 295

Legal Realtors Law Real Estate 295

Housing Wire

MAY 30, 2024

14, Bright MLS will eliminate its commission field, preventing listing agents from advertising any commissions they offer to buyer brokers. A written and signed buyer agreement will also be required to show properties listed on the MLS. “We Starting Aug. Bright MLS also tells agents and brokers that commissions are negotiable.

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Agents Advertising Real Estate Agent Buyers 312

Housing Wire

DECEMBER 18, 2023

We have such a pent-up buyer pool that has just been waiting of the sidelines,” Kasper said. Our buyers are already, for the most part, struggling to come up with a down payment,” she said. We talked about our veteran buyers and we cannot disenfranchise them simply because they can’t out-of-pocket pay for professional representation.”

Real Estate 410

Real Estate Realtors Buyers Real Estate Agent 410

Inman

MAY 7, 2024

Do you have the information you need to move forward now? Questions of agency, agreements and compensation are on the line.

Contracts 153

Contracts Buyers Brokerage Agents 153

Housing Wire

MARCH 28, 2024

The DOJ’s statement of interest, which was filed in mid-February, was in relation to the settlement agreement reached between the Nosalek plaintiffs and MLS Property Information Network (MLS PIN) in July 2023. NWMLS counters that these rule changes increased transparency and removed the potential for steering.

Sellers 328

Sellers Contracts Buyers Realtors 328

Housing Wire

MAY 22, 2024

Through its DIY sales platform, investors on the Xome marketplace will have control over their property from listing through post-closing, with access to real-time bidding information and no real estate agent involvement or seller’s fees. Xome has hundreds of sellers who have already chosen to withdraw from the traditional listing route.

Agents 445

Agents Real Estate Agent Investors Real Estate 445

Housing Wire

SEPTEMBER 18, 2023

The provision of abundant information with rules that govern the conduct of all market participants, whether Realtors or non-Realtors, serves all parties well. In place of the required compensation for cooperating buyer brokers, we could see several different options become substitutes.

Realtors 404

Realtors Brokerage Agents Buyers 404

Housing Wire

OCTOBER 5, 2021

In light of this, HousingWire sat down with Saleforce’s Global Head for Mortgage and Lending, Geoff Green, to learn how lenders can better turbocharge mortgage for today’s home buyers. The post How lenders can turbocharge mortgage operations for today’s home buyers appeared first on HousingWire.

Buyers 248

Buyers Mortgage Lending Technology 248

Housing Wire

OCTOBER 19, 2023

1, REBNY rules will prevent the listing brokers from paying buyer agents and instead will require sellers to pay commissions directly. The rule will require listing agreements to clearly outline the seller’s offer of compensation to the buyer’s agent. Starting Jan. These listing are properties that owners do no want listed publicly.

Sellers 424

Sellers Agents Brokerage Real Estate 424

Housing Wire

OCTOBER 6, 2023

In a surprising twist, the National Association of Realtors has announced a change in how interprets its Participation Rule, which requires listing brokers to provide buyer brokers an offer of compensation in order to list on the multiple listing service (MLS). Initially filed in April 2019, the lawsuit takes aim at NAR’s Participation Rule.

Brokerage 493

Brokerage Agents Buyers Clients 493

Raleigh Realty

JANUARY 22, 2022

First Time Home Buyer Guide Raleigh, NC Buying a house for the first time is a big decision, so you want to make sure you are ready as a first time home buyer. That is what prompted us to create this first time home buyer guide filled with tips, tricks, programs, grants, and all the steps involved in the home buying process.

Buyers 148

Buyers Real Estate Finance Mortgage 148

Housing Wire

OCTOBER 27, 2023

One of the most important roles we play at ALTA is strongly encouraging buyers to shop around for their title insurance company. Often the buyer asks the real estate agent or lender for a recommendation, but we always encourage buyers to explore their options. On the East Coast, the buyer typically pays.

Insurance 489

Insurance Real Estate Buyers Real Estate Agent 489

Housing Wire

APRIL 15, 2024

When asked about the language they use to discuss how buyer and seller agent commissions are paid, some of the most common responses included stressing that commissions are and always have been negotiable, and that if the National Association of Realtors’ settlement is approved, some practices may change, but many things are currently unknown.

Inventory 364

Inventory Agents Real Estate Sellers 364

Raleigh Realty

MARCH 26, 2022

What Is A Buyer's Agent? What is a Buyer's Agent in Real Estate and do I need one when buying a home? We have all that answered and more If you are wondering if you should use a Buyer's Agent the answer is easy, yes. At Raleigh Realty we have some of the best Buyer Agents and Realtors on our team.

Real Estate 148

Real Estate Buyers Agents Contracts 148

Housing Wire

APRIL 1, 2024

Opportunities are revealed when housing leaders have an industry-spanning, deeply informed perspective, which is made possible through HousingWire insights that members can make decisions on. Informed housing leaders are better housing leaders. Learn more about HousingWire subscriptions here. Explore more at www.housingwire.com.

Realtors 359

Realtors Brokerage Tools Inventory 359