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Real estate brokers focus on value amid commission lawsuit unease

Housing Wire

When asked how they were preparing for a worst-case scenario, such as a potential 30% loss of buy-side commissions , per a report done by Keefe, Bruyette & Woods , and an uncoupling of cooperation and compensation, brokers in the study say they are focusing on boosting their value proposition, listings and training.

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[PULSE] Lessons for lenders from the first cybersecurity enforcement action by NYDFS

Housing Wire

After a penetration test uncovered the vulnerability, First American misclassified the vulnerability’s risk, failed to properly investigate the vulnerability and the resulting exposed documents, and rejected the recommendations of its in-house cybersecurity team. Third, involve outside counsel when sensitive cybersecurity issues arise.

Training 370
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Opinion: NAR has finally met its match

Housing Wire

As the Sitzer/Burnett case may well show, most listing agents are trained to steer their clients to offers that support this dynamic. Realtors are able to modify select provisions in the contract form as they negotiate on behalf of their clients. Talk about a conflict of interest.

Realtors 383
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PerfectDocs by Nationwide Title Clearing enables the creation and tracking of mortgage and lien release docs

Housing Wire

Outsourcing or hiring in-house compliance experts are no longer the only options for servicers who need help handling lien releases and assignment of mortgage documents. With PerfectDocs technology, virtually anyone can prepare, validate, execute, notarize and even record these documents with ease without sacrificing accuracy and expertise.

Mortgage 192
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Clients and AMCs Say the Darndest Things

McKissock

The AMC insists that as long as I disclose in the addendum that the zoning is currently ‘illegal,’ then I can mark on the first page as ‘Legal.’”. I’m pretty sure every appraiser could go on for hours with their own tales of “darndest things “ clients and AMCs have said. Then forward that answer on to the client/AMC.

Clients 85
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Hot Seat: Ted Manley of Manley Deas Kochalski

Housing Wire

HousingWire spoke to Ted Manley, partner at Manley Deas Kochalski, about the ways in which technology has enabled the firm to continue supporting its clients while its employees work from home. TM: Our existing technology platform allowed for a seamless transition to remote work and client service across our six states.

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How to get a real estate license in Texas

Housing Wire

1] 180 Classroom hours are required before you become licensed in Texas Texas real estate license: Requirements checklist According to the Texas Real Estate Commision (TREC), a sales agent is a person who is licensed by the Real Estate Commission to act as an agent on behalf of a real estate broker and their clients.