McKissock

SEPTEMBER 5, 2022

For instance, in 2021 small and private investment firms were responsible for nearly 3/4 of retail asset acquisitions , representing a 30% increase from the prior 10-year historical average. . In this article, we will explore the significance of this trend and the opportunities it can present for you as a real estate agent. .

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Retail Real Estate Investors Real Estate Agent 73

Housing Wire

DECEMBER 9, 2022

Margin compression, higher mortgage rates, and a purchase-focused market are dictating more sales process control among loan officers and fewer layers of bureaucracy in retail lenders. And, according to Covey, the changes are necessary in traditional retail lenders to navigate the industry headwinds. “LOs It’s the local relationships.

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Mortgage Retail Real Estate Agent Loan Officers 401

Housing Wire

JANUARY 11, 2023

“Sometimes 10-20 basis points is all an LO needs to win over a real estate agent or get creative on a borrower’s loan,” the company said in a statement. . For most of 2022, UWM had an aggressive pricing strategy in place to gain market share and attract loan officers from the retail to the wholesale channel.

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Loan Officers Retail Real Estate Agent Government 438

Housing Wire

JANUARY 5, 2021

In a statement confirming the deal Tuesday afternoon, Guaranteed Rate said the acquisition of Stearns would enable a boost in retail loan originations and further scale its JV platform, while also developing “new multichannel capabilities.”

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Lending Retail Real Estate Agent Brokerage 536

Housing Wire

JANUARY 17, 2024

Mortgage Matchup will continue to be a consumer-facing website focused on homebuyers and real estate agents and offer educational material around the home buying and refinancing processes, along with a database of independent mortgage brokers near them, said UWM in a news release Wednesday.

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Mortgage Real Estate Agent Modernization Retail 371

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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Real Estate Agent Real Estate Agents Realtors 98

Housing Wire

OCTOBER 16, 2023

The winners have spent 2023 focused on strengthening relationships with real estate agents , educating borrowers and improving their marketing strategies. We’ve seen a massive shift in retail LOs transitioning to the wholesale channel, and we expect this trend to continue. HW: We know rates will drop at some point.

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Business Real Estate Agent Marketing Clients 359

Housing Wire

FEBRUARY 14, 2023

Insellerate Modern CRM, Engagement & Customer Intelligence Platform Insellerate helps loan officers close more loans with our award-winning modern CRM, Lead Management, and Engagement platform, which handles all your lending channels, retail, wholesale, TPO, Consumer Direct, and Reverse.

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Loan Officers Modernization Real Estate Agent Retail 290

Housing Wire

JANUARY 27, 2023

Most retail lenders are desperately seeking high producing loan originators to make up for the losses that occurred in 2022. California-based retail lender JVM Lending plans to drum up business this year — but by doing the exact opposite.

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Lending Real Estate Agent Loan Officers Retail 361

Housing Wire

MARCH 15, 2024

You should be finding buyers before real estate agents anyway.” NEXA has always been focused on purchase loans , which means some of its LOs do significant business with buyers’ agents. Kortas believes that good buy-side agents will remain highly relevant and garner more business as competitors wash out.

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Buyers Agents Mortgage Real Estate Agent 498

Housing Wire

SEPTEMBER 11, 2023

Roughly 20% of Cliffco’s production comes from the wholesale channel and 80% of origination volume comes from its retail channel – through which it offers GSE, government loans and non-QM products. Cliffco’s proprietary CRM platform enables loan officers to break away from being heavily dependent on real estate agents for referrals. “In

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Loan Officers Agents Retail Technology 365

Inman

AUGUST 14, 2023

Retail investors and local landlords offer real estate agents a wide array of options for staying active in a market bereft of traditional inventory, you simply need to know how to connect with them.

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Inventory Real Estate Agent Landlords Retail 144

Appraisal Today

FEBRUARY 17, 2023

What Appraisers Wish Real Estate Agents Understood McKissock Survey Question: “What’s one thing you wish real estate agents knew about the appraisal process? I will always remember when, many years ago, a top local real estate agent asked me why I was driving around taking photos of homes.

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Real Estate Agent Real Estate Appraisal Agents 52

Housing Wire

JUNE 5, 2023

Desmond Smith: There are two ways to get a mortgage — wholesale or retail. Retail lending is when you walk into a bank branch or go to an online lender, and they help you get a mortgage. Consumers who use a mortgage broker instead of a retail lender save $9,400 over the life of the loan and that increases to $10,400 for minorities.

Mortgage 343

Mortgage Retail Lending Loan Officers 343

Housing Wire

AUGUST 25, 2022

With the deal, Movement adds the brokerage’s more than $400 million in annual sales volume and 48 employees, including loans officers, support staff and executive members, to serve homebuyers and real estate agents in the Greater Boston Area. . The company was first established in the New England region in Rhode Island.

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Brokerage Mortgage Loan Officers Real Estate Agent 471

Housing Wire

OCTOBER 10, 2023

That’s because real estate agents and loan officers are in survival mode and desperate to close new business. For lenders and brokerages, the risks of LOs or agents overstepping are high. In turn, most of them made mortgage referrals to Freedom’s traditional retail loan officers.

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Real Estate Agent Loan Officers Real Estate Agents 404

Housing Wire

OCTOBER 20, 2023

No seller must use a real estate agent to sell a home — ever. In fact, considering inter-family and estate transfers as well as for-sale-by-owners, as many as 20% of all transactions may not include the use of an agent. Consumers are free to sell or buy a home without an agent — and consumers know this.

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Real Estate Agent Real Estate Brokerage Agents 414

Housing Wire

MARCH 13, 2024

The number one differentiator about our program is we understand that as a real estate agent, you have one job: to generate leads,” says SERHANT. Pricing The CORE Essentials Blueprint program retails for $1,597. She even has one specifically for your first 30 days as a real estate agent.

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Real Estate Real Estate Agent Agents Training 423

Housing Wire

SEPTEMBER 11, 2023

He most recently served as the president of troubled, largely defunct retail lender Celebrity Home Loans. During this 90-day period, the client can work with a real estate agent to list their prior home. Meadow has 25 years of mortgage industry experience.

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Contracts Real Estate Agent Tenants Retail 330

Housing Wire

APRIL 30, 2024

AARP concerns “FHA will move forward with its proposal that permits contributions by the property seller, real estate agent, builder, or developer to HECM for Purchase borrowers’ closing costs,” HUD said in its update to the policy. Tane Cabe Tane Cabe, also of C2 , concurs with Harmes.

Mortgage 315

Mortgage Real Estate Agent Sellers Construction 315

Housing Wire

DECEMBER 17, 2021

The Tech100 Real Estate Award recognizes the 100 technology companies that are changing the home sales process forever – from home search to lead management solutions, and remote closing to transaction management software. million agents as of last year. million borrowers and 140,000 real estate partners as of 2020.

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Real Estate Agent Real Estate Retail Technology 342

Housing Wire

JUNE 6, 2023

“You can lend where you live and continue to build relationships with clients and real estate agents in your community. We have Rocket retail, and we compete,” Fawaz said. The company is looking for someone who has a “proven track record generating organic referrals” that result in closings.

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Loan Officers Mortgage Retail Real Estate Agent 288

Appraisal Today

JULY 29, 2022

57 Weird Real Estate Agent Photos. Excerpt: Yes, many great real estate photos really capture the house. More Terrible Real Estate Agent Photos for Appraisers. Some got teller jobs in bank retail locations. Data for those fixer homes (contractor specials). Appraisal Business Tips .

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Real Estate Agent Real Estate Appraisal Agents 52

Housing Wire

FEBRUARY 11, 2021

Online retail lender loanDepot raised just $54 million by offering 3.9 LoanDepot, the second-largest retail-focused IMB in the country, had initially planned to raise about $362.5 But it noted that its retail strategy is more developed. million shares at $14 on Thursday, far below the range of $19 to $21 it initially had sought.

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Retail Real Estate Agent Finance Mortgage 397

Housing Wire

FEBRUARY 29, 2024

“Another loan closing today is for a real estate agent who is an investor and has done many mortgages in the past. Mike did not hesitate: “I did more pricing exceptions for the real estate agent,” he said in an interview on the day of the loan closings. She’s well educated. It’s not without risk.

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Loan Officers Mortgage Lending Real Estate Agent 364

Housing Wire

FEBRUARY 16, 2024

Rick Arvielo: What’s interesting about our growth is that we are the 13 th largest retail IMB in the country, but we’re only in about a third of the United States. We grew with a call center model for the first 10 years and only got into outside distributed retail 11 years ago. What made Draper and Kramer a good fit for NAF to acquire?

Loan Officers 371

Loan Officers Retail Clients Real Estate Agent 371

Housing Wire

JANUARY 17, 2023

For Jason Stallworth, retail sales manager at Planet Home Lending , preparation for Q1 began last month by meeting with new prospects, real estate agents and brokers. For example, Ruotolo is keeping in touch with her database and the real estate agents that refer and support her. Make a plan.

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Loan Officers Marketing Real Estate Agent Real Estate 336

Housing Wire

FEBRUARY 15, 2023

You have a lot of flexibility in pricing, flexibility with other broker products, flexibility with marketing under an compliant umbrella,” Steinway said of Revolution Mortgage, which has a hybrid wholesale and retail lender model. He was the fourth mortgage loan originator to join Guaranteed Rate in 2000. It’s the local relationships.

Mortgage 335

Mortgage Loan Officers Lending Retail 335

Housing Wire

MARCH 24, 2021

billion in the wholesale channel in 2020 (compared to about $62 billion in retail), lost roughly 5% of its broker clients to UWM, according to company executives. Real estate agents and LOs: the great collaboration. Then you might as well just go work for UWM retail. ” Fairway, which did about $3.5

Real Estate Agent 378

Real Estate Agent Retail Real Estate Design 378

Housing Wire

AUGUST 28, 2023

In Q2, Better decided to wind down its in-house real estate agent business to focus on partnering with third-party real estate agents. As a result, we have pulled back on our most unprofitable channels, resulting in further declines to market share,” according to its filing.

Real Estate Agent 312

Real Estate Agent Real Estate Agents Business 312

Housing Wire

AUGUST 17, 2022

The mobile-first functionality feature allows borrowers, lenders’ staff, real estate and settlement agents to use it on any web-enabled device, including iPads and desktops, according to the firm. Its core features include an integrated home search, loan payments calculator and the ability to begin a loan application.

Lending 351

Lending Real Estate Agent Real Estate Technology 351

Housing Wire

FEBRUARY 8, 2021

In its prospectus, loanDepot talks at length about its partner business , which includes third-party-originations via mortgage brokers and real estate agents, as well as joint-ventures with builders and other referral partners. But it concedes that its retail strategy is more fully baked.

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Valuation Retail Lending Real Estate Agent 450

Housing Wire

MARCH 15, 2021

In Ishbia’s estimation, these two companies, which both have retail operations, are trying to cut the broker out of the mortgage equation. Rocket is training real estate agents to originate loans, and Fairway is trying to poach loan officers, he claims.

Real Estate Agent 368

Real Estate Agent Loan Officers Retail Training 368

Housing Wire

OCTOBER 17, 2023

And servicers may want to suggest homeowners contact a real estate agent if the distressed homeowner is considering selling their home.” Ethical concerns even arose for licensed real estate agents who approached distressed homeowners to list properties even though those agents were also representing prospective buyers.

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Buyers Retail Market Value Real Estate Agent 374

Housing Wire

AUGUST 10, 2022

As lenders adapt to a purchase-centered market, HousingWire spoke to Brian Boero, CEO of 1000watt, about opportunities to grow lenders’ effectiveness in the real estate agent and broker market. retail, residential mortgage applications. Cracking the code on marketing to the realtor channel. Presented by: 1000watt.

Mortgage 337

Mortgage Real Estate Agent Retail Contracts 337

Housing Wire

JANUARY 10, 2023

Kleber Santos , CEO of consumer lending since his appointment in July, said the bank will continue to be the primary mortgage lender to Wells Fargo bank customers and minority homebuyers through its mortgage retail team. “We

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Lending Real Estate Agent Mortgage Finance 477

Housing Wire

APRIL 14, 2022

A seasoned retail and commercial banking salesman in Fort Wayne, Indiana, the 39-year-old Woodward joined Interfirst Mortgage as a loan officer in October 2020 after a recommendation from an old college friend. “I had not done first mortgage lending before, but I was familiar with the basics of real estate lending.

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Mortgage Marketing Retail Lending 519