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Top 5 home improvement projects real estate agents should recommend to sellers

Housing Wire

Many sellers have returned to offering concessions and dropping prices to entice buyers. Now more than ever, sellers expect an agent who will confidently create a plan to get them top dollar for their home. This is because hardwood floors have a certain modern, luxury appeal to them that can change the entire feel of a home.

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A loan officer’s ultimate guide to appraisal modernization

Housing Wire

However, a year after the GSEs announced new appraisal modernization solutions, as they’re more widely adopted, questions arise. A look into GSE appraisal modernization efforts The GSEs have each offered appraisal waivers on eligible loans for several years. How do the solutions work? Why do we need them? But you already know this.

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The standoff between homebuyers and sellers

Housing Wire

There’s a showdown at the housing market corral between homebuyers and sellers. Home prices ebb and flow, pricing was working in the sense that sellers met homebuyers to a degree. With more inventory, sellers have to be less stingy; this is why I am a fan of getting total inventory data back to 2019 levels.

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In the race to modernize title, firms double down on software

Housing Wire

But if you reinvent the title agent’s workflow, you can expand to the players around them, the lender, the real estate agents and the buyers and sellers, and you can actually transform their relationship with the title company. The post In the race to modernize title, firms double down on software appeared first on HousingWire.

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Commission lawsuits spread to Manhattan

Housing Wire

On Wednesday, Manhattan home seller Monty March filed a lawsuit in U.S. Real Estate , Modern Spaces , The Agency , The Modlin Group , Nest Seekers International , Oxford Property Group , R New York , RE/MAX , SERHANT. Instead, if a seller wishes to compensate the buyer’s agent, they must pay the agent themselves.

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Lift the ban on lenders providing down payment assistance on FHA loans: Ted Tozer

Housing Wire

Under the FHA Modernization Act of 2008 , sellers, lenders and others with a financial interest in a real estate transaction are prohibited from providing DPA to FHA borrowers. The paper’s suggestion to amend the FHA Modernization Act comes amid affordability pressures on first-time homebuyers.

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Real Estate Tech Demo Day: Qualia

Housing Wire

Scale is a simple way for real estate tech companies to build custom, on-brand, and modern closing experiences using Qualia’s flexible infrastructure. #1. 75% of buyers and sellers. Deliver an end-to-end consumer homebuying experience with Qualia Scale. expect real-time property updates from their real estate agent. #2. 82% of buyers.