Housing Wire

MAY 1, 2024

In particular, Barton highlighted Zillow’s Premier Agent program, which sells buy-side leads to agents who are part of the Premier Agent network. million real estate license holders, many handle only one or two transactions a year. Of the approximately 1.5

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Birmingham Appraisal

JUNE 21, 2023

Real estate agents, as trusted guides for their clients, must possess a good understanding of the factors that influence property appraisals. In this blog post, I’ll discuss key appraisal factors, and common challenges, and offer valuable insights for real estate agents to navigate the appraisal process effectively.

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Real Estate Agent Real Estate Agents Appraisal 75

Housing Wire

AUGUST 14, 2023

When we contemplate the potential of AI and Web3 technologies in real estate , it goes beyond simply revolutionizing how consumers search for homes and take ownership of assets. Over the past two decades, the real estate transaction process has become increasingly complex, placing even greater demands on real estate agents.

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Real Estate Real Estate Agent Marketing Technology 351

McKissock

APRIL 20, 2021

Becoming a real estate agent requires a giant leap of faith and an investment of time and money. That’s why some agents may choose to test the waters with a part-time real estate position while hanging onto a steady income from another job. How much is a part-time real estate agent salary?

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Housing Wire

MARCH 1, 2023

“Having the most up-to-date market information at your fingertips is crucial for lenders to effectively communicate and engage with consumers to help educate them on financing options available when purchasing a home,” said Josh Lehr , senior director of partnerships and industry technology at Total Expert.

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Real Estate Agent Technology Open Houses Loan Officers 319

Movoto

APRIL 8, 2024

After submitting an offer on a home you plan to purchase, a few things might happen – once an offer is accepted (typically, after negotiations but not always), real estate sales agreements come into effect between buyers and sellers. Should the buyer breach the contract (e.g., Financing Details. auctions, cash sales, etc.):

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Contracts Real Estate Property Taxes Legal 36

The Robert Weiler Company

JANUARY 2, 2021

Are you familiar with a land contract in Ohio, as well as the state-specific requirements? What is a land contract in Ohio, really? Essentially, a land contract is an alternative financing option if you’re investing in: Farmland or raw land. So, what is a land contract agreement, and how does it work?

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Contracts Tenants Legal Sellers 143

Housing Wire

JANUARY 26, 2022

Mat Ishbia, CEO of UWM, said in a statement that the move is meant to “jump-start purchase season” and that this offering will give independent mortgage brokers a significant edge with real estate agents and borrowers in a rising rate, purchase-focused environment.

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Appraisal Real Estate Agent Real Estate Appraisal Process 382

Housing Wire

MAY 20, 2022

A professional appraiser or real estate agent can help you figure out how much to list your home for. There are many moving pieces to the economic part of the real estate industry that are unpredictable and uncontrollable. Hire a Real Estate Agent. This often happens with investment properties.

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Real Estate Agent Tenants Real Estate Agents 390

Housing Wire

DECEMBER 8, 2023

Ultimately, every homebuyer prospect, every contract and every negotiation is different, but your value should be consistent for all situations and clients. All of these action items are things that professional, experienced real estate agents should practice already. Lack of information creates enormous stress.

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Housing Wire

JULY 19, 2022

The Department of Housing and Urban Development said it is “looking very hard” at how to make it easier to finance small-dollar mortgages, but has yet to spell out how it will accomplish that goal. Industry practitioners have some ideas for how HUD might make financing such loans more feasible.

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Housing Wire

FEBRUARY 20, 2024

“And it blew up so much that states like Massachusetts … are seeking to pass right-to-inspect laws, which is going to make it hard to get that inspection contingency out of the contract,” he said. In addition to purchasing professional liability insurance, another protection that inspectors need to employ is smart contract language.

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Housing Wire

NOVEMBER 30, 2023

Your path to real estate licensure begins with 120 hours of classes in an approved Ohio real estate license education program. From completing your required coursework to taking the licensing exam, keep reading to learn how to become a real estate agent in Ohio. Ready to find a real estate brokerage?

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Real Estate Real Estate Agent Brokerage Agents 386

Housing Wire

DECEMBER 27, 2022

The Big Chill” or “Frozen,” says Green, principal at real estate law firm Polunsky Beitel Green. The number of home listings dried up , contracts were canceled , the few buyers still out there demanded concessions , mortgage rates spiked to 7% and homebuilder sentiment hit rock bottom. Layoffs, LOs leaving the industry for good.

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Housing Wire

DECEMBER 26, 2023

You’ll need to complete 75 hours of prelicensing classes to get licensed as a real estate agent in North Carolina. We’ve done the research for you, evaluating the many courses available to pinpoint the best real estate schools in North Carolina to help you pass the state exam and set you up for early career success.

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Real Estate Real Estate Agent Design Law 383

Housing Wire

NOVEMBER 13, 2023

Ready to begin a flexible, fulfilling career in real estate in the Sunshine state? We’ll help you find the best real estate schools in Florida to complete the required 63 hours of study. Frequently asked questions How much does real estate school cost in Florida? Salesperson written exam fee: $36.70

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Real Estate Real Estate Agent Agents Law 405

Housing Wire

APRIL 13, 2021

Rapidly accelerating home prices come with a variety of challenges for lenders and real estate agents, including one of the biggest pain points right now — the appraisal gap. Real estate agents and lenders are working together to try to get buyers into houses. In fact, Austin has just about 1.2

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Housing Market Buyers Marketing Real Estate Agent 532

Housing Wire

OCTOBER 23, 2020

And while real estate agents repping luxury homes aren’t seeing as many bidding wars as they did this summer , their respective housing markets are still crazy right now. Contracts during this time also skyrocketed 62%. And, since early July to now, it’s just getting very busy.”. Presented by: NAMB.

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Housing Wire

DECEMBER 21, 2023

This product allows a homebuyer to purchase a fixer-upper and finance the purchase and renovation in one loan based on the expected appraised value of the home after improvements. REALITY: Sometimes people need to finance multiple properties at once, as in the case of active-duty military personnel who receive transfer orders.

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Mortgage Renovations Appraisal Process Finance 432

Housing Wire

SEPTEMBER 7, 2023

For most real estate agents, working with a reliable lending partner is essential to a smooth and successful transaction. That partnership is everything,” Amy Breach, a Seattle-based Keller Williams agent, told HousingWire in late 2022. The lender and LO can make or break the transaction.” Others didn’t respond.

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Buyers Agents Loan Officers Real Estate 387

Housing Wire

JANUARY 3, 2024

Real estate agents are optimistic about the housing market and working to implement buyer agency agreement as we head into 2024, according to the RealTrends Q1 2024 AgentPulse survey. I was already using buyer broker contracts, but now use them 100% of the time.

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Agents Realtors Clients Real Estate Agent 359

Raleigh Realty

AUGUST 17, 2021

Understanding Due Diligence and Earnest Money in North Carolina Real Estate When you go under contract on a home in North Carolina you are going to encounter terms like Due Diligence and Earnest Money. It's important to note that real estate contracts and laws change depending on what state you are in.

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Housing Wire

OCTOBER 23, 2023

Under questioning, Goffstein said that each agent has a contract that includes NAR rule clauses and that the contract also tells agents that NAR membership dues are needed by January. In addition, the contract stipulated that agents must join their local Realtor association.

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Housing Wire

JANUARY 3, 2024

Don’t talk about how busy you are, about a deal you’re trying to save, inspection and financing drama, or how you’re going to be out of town for two weeks. They care about your ability to solve their real estate needs. They don’t care about any of that.

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Real Estate Inspection Clients Contracts 365

Realtor

OCTOBER 16, 2023

It’s very important for first-timers to do research and understand all their options before they start looking for a home,” says Cara Ameer , a real estate agent with Coldwell Banker who is licensed in California and Florida. Pre-approval is better because it means lenders have reviewed your finances. ” 9. .

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Mortgage Real Estate Agent Real Estate Buyers 190

Housing Wire

OCTOBER 23, 2023

This includes financials, organizational documents, agent productivity reports, operating metrics, vendor contracts, lease agreements, employment agreements, insurance documents, and more. From a data lens, transactions can be broken out into three different stages: Valuation , Due Diligence , and Contract.

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Real Estate Brokerage Valuation Contracts 355

Realtor

JULY 13, 2021

Contingencies, in the world of real estate, are essentially conditions that must be met to finalize the sale of a home. The provisions of a contingency contract are there to protect buyers and sellers. This clause asserts that your offer is dependent on being able to secure financing. Other experts agree. “An

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Inspection Real Estate Agent Real Estate Buyers 203

Housing Wire

FEBRUARY 22, 2024

When the Department of Justice (DOJ) revealed last week the changes it would like to see in how real estate agents and brokers are compensated through its statement of interest filed in the MLS Property Information Network commission lawsuit , few in the real estate industry were surprised by the agency’s desire to decouple commissions.

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Will Springer Realtor

OCTOBER 19, 2021

Buyer is financing the purchase through a mortgage lender and the underwriter wishes to confirm the value of the home before issuing the loan. (No About 13% of appraisals came in below the contract price this August, the most-recent available data, according to housing-research firm CoreLogic. and “shoot!”

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Contracts Appraisal Sellers Real Estate Agent 41

Housing Wire

DECEMBER 9, 2022

“Profitability is likely to remain very constrained well into 2023, until excess origination capacity in the industry declines materially,” Moody’s analysts said in a recent report on nonbank mortgage finance companies. . UpEquity claims it takes 17 days, on average, to close a deal, while the average in the industry is closer to 50 days. .

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Real Estate Advertising Real Estate Agent Investors 341

Housing Wire

NOVEMBER 1, 2021

That means you’ve been thinking about real estate agents…a lot. The purchase money mortgage transaction begins with the real estate sales contract and that’s not something our industry controls. It’s the real estate agent who has the consumer’s trust at this point.

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Real Estate Agent Real Estate Agents Lending 394

Lamacchia Realty

MAY 6, 2024

WHY YOU NEED A REAL ESTATE ATTORNEY WHEN BUYING A HOME When buying a home, you might wonder, “Do I need a real estate attorney, or is my real estate agent enough?” Before we dive into the details, let’s talk about what services a real estate attorney can provide.

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Real Estate Legal Law Contracts 70

Eppraisal

OCTOBER 23, 2023

Your bid may need to be higher, your contract contingencies may be undesirable or other buyers may have more attractive financing requirements. The other party has no obligation to respond to you, but your real estate agent can reach out to learn their motivation for declining your proposal.

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Real Estate Agent Sellers Inspection Real Estate 69

D Fritz Appraisals

AUGUST 11, 2022

A remote buyer can rely on an experienced real estate agent or broker to find the best property and receive their own personal virtual tour of the home via a video chat app. It’s a good idea to hire an experienced real estate agent who knows the area well. Both parties sign the contract.

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Real Estate Agent Inspection Real Estate Sellers 119

Housing Wire

NOVEMBER 30, 2023

If you’re looking for the best real estate schools in Illinois to complete the required 75 hours of class time you’ll need to get a broker’s license, we’re here to help. In Illinois, real estate agents are called brokers. Self-paced. This value represents the median.

Real Estate 401

Real Estate Realtors Real Estate Agent Law 401

Hank Miller Team

OCTOBER 24, 2023

Real estate contracts occasionally collapse due to Buyer problems, but what if the Seller bails out? What used to be infrequent is becoming more common; Sellers backing out of contracts. As in the video below, this might be due to any number of reasons, buyer financing is a likely reason.

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Housing Wire

JULY 12, 2022

An agent does a floorplan scan when they make a listing. The seller accepts it; they go into contract. Bureau of Labor Statistics , hemorrhaged 5,000 jobs in May, Inside Mortgage Finance reported. Clear Capital’s Brenan describes his vision of a hybrid appraisal as one which can drastically reduce wait times. “An that afternoon.

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