Housing Wire

APRIL 22, 2021

“I’m on my way with a client to show them a house that’s literally just gotten on the market, and by the time we get there, it’s already under contract with someone else,” she said. “We were able to build quite a bit in 2020. “It’s just insane. .

Buyers 427

Buyers Inventory Renovations Realty 427

Housing Wire

FEBRUARY 12, 2024

9, 2020, and the present, and paid a buyer broker commission. If NAR’s Adversary Commission Rule were not in place, then the cost of buyer broker commissions would be paid by their clients (home buyers),” the complaint states. Despite being listed in the suit, the four MLSs are not listed as defendants.

Real Estate 432

Real Estate Real Estate Agent Realtors Buyers 432

Housing Wire

NOVEMBER 28, 2023

Based in Madison, Wisconsin, the team of eight had been affiliated with Keller Williams Realty Madison East since its debut in 2020. “We The team specializes in buyer and seller representation as well as new construction. We are thrilled to be among the first teams to join Compass in Wisconsin,” Crim said in a statement.

Real Estate Agent 406

Real Estate Agent Real Estate Realty Technology 406

Housing Wire

DECEMBER 12, 2023

The lawsuit was filed by Christina Grace, who sold a house listed on Bay Area Real Estate Information Services MLS (BAREIS MLS) in April 2020 and paid a commission to the buyer’s agent. Sellers can sell their home for more and have their home seen by more buyers while buyers have more choices of homes and can afford representation.

Realtors 444

Realtors Sellers Buyers Real Estate 444

Housing Wire

FEBRUARY 16, 2024

Currently, in order to list a property, the listing broker must make an offer of at least one cent, but under the settlement, MLS PIN would drop that to zero dollars. “The modified rule still gives sellers and their listing brokers a role in setting compensation for buyers’ brokers,” the filing states.

Sellers 427

Sellers Buyers Real Estate Contracts 427

Housing Wire

MARCH 5, 2024

An assumable mortgage enables a qualified buyer to take over a seller’s mortgage terms, including the existing balance and interest rate. trillion in mortgages were originated in 2020 and 2021, the Mortgage Bankers Association (MBA) reported. We help listing agents generate significantly more buyers for their home sales.

Mortgage 426

Mortgage Buyers Agents Real Estate Agent 426

Housing Wire

FEBRUARY 22, 2024

Worst-case scenario, the broker representing the buyer will have to negotiate their own fee with their client and the seller can no longer be compelled to make a blanket offer of compensation in order to list on the MLS,” Murray said. They have gone through all of this and it will end up being punitive to buyers.

Sellers 417

Sellers Buyers Real Estate Agents 417

Housing Wire

MARCH 31, 2021

compared to 2020. “I tell my clients, if you want a house, you’ve got to go in with an offer immediately and you’ve got to make it strong. “I tell my clients, if you want a house, you’ve got to go in with an offer immediately and you’ve got to make it strong. increase year-over-year.

Buyers 395

Buyers Investors Realtors Agents 395

Housing Wire

FEBRUARY 24, 2021

Successful agents, brokerages and loan officers of the future are going to rely significantly on technology to find, nurture and engage with buyers and sellers while also playing an expanding role as personal advisors in all things related to mortgage, insurance, moving, renovating and new home transitioning.

Real Estate Agent 316

Real Estate Agent Real Estate Agents Loan Officers 316

Simonson Real Estate

FEBRUARY 26, 2021

Simonson Appraisals had a unique opportunity to do a deep dive in 2020 to develop an understanding of the impact of multiple factors affecting the Minneapolis apartment market. Our firm appraised a portfolio of apartment buildings in the Loring Park neighborhood in March 2020 two weeks after COVID-19 was announced as a global health pandemic.

Landlords 117

Landlords Tenants Buyers Development 117

Housing Wire

MARCH 22, 2021

Homebuyers who offer all-cash improve their chances of winning a bidding war by 290%, per Redfin’s study of clients buying homes between June 2020 and February 2021. “All-cash buyers used to be able to go in a little below list price, but now I’m seeing a lot of cash offers that are at list price or higher.

Inspection 545

Inspection Inventory Buyers Sellers 545

Housing Wire

SEPTEMBER 11, 2020

As September is Realtor Safety Month, the National Association of Realtors has released its 2020 Member Safety Report. According to the report, 31% of Realtors said they feel unsafe during an open house or showings, and 27% said they feel unsafe when meeting a new client for the first time at a scheduled location or property.

Open Houses 545

Open Houses Realtors Real Estate Agent Agents 545

Housing Wire

DECEMBER 6, 2022

Becca Summers does not typically include Wells Fargo on the lender recommendation list she gives to clients. However, when mortgage rates started rising in the spring, Summers encouraged her clients to take advantage of the bank’s mortgage rate lock product. Looking back, Summers is glad she encouraged her buyers to swap lenders.

Real Estate 368

Real Estate Real Estate Agent Clients Agents 368

Housing Wire

OCTOBER 23, 2023

KANSAS CITY, Missouri — The second week of the Sitzer/Burnett class-action buyer broker commission antitrust lawsuit kicked off with a bang. During her testimony, Warner stated that Realtors should cooperate and share their commission when it’s in the client’s best interest but there’s not necessarily an obligation to do so.

Law 425

Law Agents Realtors Contracts 425

Housing Wire

MAY 24, 2021

There were 3,541 respondents to the online survey which ran from May 3-10, 2021, of which 1,731 had a client. “With little supply in the market, homes typically sold within 17 days — down from 27 days one year ago, as buyer competition heats up,” NAR said in a statement. 25% of all sales were cash sales, per the report.

Realtors 475

Realtors Buyers Housing Market New Listings 475

Housing Wire

OCTOBER 26, 2023

He testified that, in most cases, homebuyers would be unable to include buyer agent commission costs into their financing. “My concern is buyers who are cash-constrained,” Stevens said. ” But buyers are not the only ones who benefit from the current system, according to Stevens. The D.A.N.G.E.R.

Buyers 398

Buyers Sellers Agents Law 398

Housing Wire

APRIL 23, 2024

According to Martell , the mortgage market’s origination volume totaled $4 trillion in both 2020 and 2021, and “unfortunately” the decline in loan production “is not going to be cured by a 50-basis-point reduction” in mortgage rates. Martell believes there will not be “a zero commission” market.

Mortgage 308

Mortgage Real Estate Agent Real Estate Renovations 308

Housing Wire

DECEMBER 27, 2022

.” Houses were selling at a fever pitch in a matter of days, with multiple offers, waived contingencies and buyers paying $100,000(!) 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.

Housing Market 519

Housing Market Marketing Real Estate Agent Real Estate 519

Housing Wire

AUGUST 3, 2023

The 8th Circuit Court of Appeals’ three-judge panel concurred with a lower district court’s decision that HomeServices is not permitted to enforce arbitration agreements signed by seller clients of franchisees under its authority. billion in commissions they paid to buyers’ agents in the past eight years.

Realtors 350

Realtors Real Estate Sellers Buyers 350

Lamacchia Realty

FEBRUARY 9, 2022

Cervone is the winner of the 2021 Most Acquired Clients Award! The award, renamed in 2021, recognizes the REALTOR® who signed up the most buyers and / or sellers in the company in 202 1. Paul exceeded expectations and signed up an impressive 9 5 clients! . “It The post Paul J.

Clients 69

Clients Realty Realtors Sellers 69

Housing Wire

AUGUST 9, 2023

Maintaining a consistent pipeline of potential buyers and sellers ensures the business’s sustainability and growth, but it requires an immense amount of work and marketing expertise, which is often outside an agent’s core competencies. Since 2020, Addressable has facilitated nearly $2 Billion in home sales across 44 states.

Real Estate Agent 369

Real Estate Agent Real Estate Agents Clients 369

Housing Wire

MAY 10, 2021

The severe lack of inventory in today’s housing market has been a source of stress for home buyers and real estate agents alike. HousingWire sat down with Realtor.com CEO David Doctorow to learn how agents and brokers can alleviate some of the frustrations their clients are facing.

Real Estate Agent 429

Real Estate Agent Real Estate Agents Marketing 429

Housing Wire

SEPTEMBER 13, 2023

The big difference One big difference, of course, is that valuations are down from where they were in 2020 to midyear 2022. This does mean that the value of nearly all of our clients is down from where they were 15 months or more ago.

Real Estate 344

Real Estate Valuation Brokerage Property Management 344

Appraisal Buzz

MAY 17, 2021

Prices were escalating quickly, and buyers were purchasing in a frenzy for fear of being left behind and not being able to get their foot on the property ladder. Although 2020-21 is not the same as the run-up before the housing crash, there are some similarities with what appraiser’s face that bears addressing and reiterating.

Appraisal 418

Appraisal Clients Real Estate Sellers 418

Housing Wire

OCTOBER 26, 2020

When it comes to common pain points lenders are seeing in the second half of 2020, handling high loan volumes continues to loom large. This is a huge value for our clients when it is crunch time.”. Xome works with its clients to provide what they need, when they need it.

Clients 377

Clients Valuation Technology Inspection 377

Housing Wire

AUGUST 17, 2021

But there are definitely a few main things to looks out for — many of which are carrying over from a turbulent 2020 and early 2021 — when it comes to the upcoming landscape for the rest of 2021: Lack of inventory Fluctuating interest rates Increased adoption of technology. Eric Levin is EVP of Client Development at Model Match.

Mortgage 509

Mortgage Inventory Real Estate Technology 509

Housing Wire

SEPTEMBER 13, 2023

Industry players who spoke with HousingWire agree that the level of repurchase demands has increased this year and that is having an impact on some buyers and sellers of MSRs. And if you’re an asset-based investor [an MSR buyer], one of these buybacks can absolutely destroy your return.”

Marketing 393

Marketing Sellers Buyers Mortgage 393

McKissock

APRIL 28, 2021

It makes sense, but it can make the real estate process even tougher for buyers. Here’s how to handle emotional buyers like the pro that you are. As of 2020, a whopping 88% of home buyers relied on the help of a real estate agent to get them through the process. Know Their Problems — and Solve Them.

Real Estate Agent 87

Real Estate Agent Real Estate Buyers Agents 87

Housing Wire

JUNE 17, 2021

“May marked the likely peak of the blazing hot pandemic housing market, as many buyers and sellers are vaccinated and returning to pre-pandemic spending patterns,” Marr said. “Sellers are still squarely in the drivers’ seat, but buyers have hit a limit on their willingness to pay. from April. .”

Housing Market 533

Housing Market New Listings Sellers Buyers 533

Housing Wire

MAY 18, 2021

states from 2013 to 2020, correlated with rates of sales tax, income tax and property tax in 2020. Florida, specifically, has the seventh-lowest tax rate in the country and gained more residents than all but four other states from 2013 to 2020. The trend is reversed in high-tax states, where an average of 2.5

Real Estate 427

Real Estate Property Taxes Agents Buyers 427

Housing Wire

APRIL 16, 2024

To get a better idea of the dynamics driving this data, RMD spoke with Jon McCue, RMI’s director of client relations, for additional perspective and a breakdown of why business moved this way. It’s because of the hard work of all the professionals in this space working very hard to help their clients.”

Retail 351

Retail Mortgage Business Loan Officers 351

Housing Wire

SEPTEMBER 11, 2023

MC: The demand for REO assets remains strong, with inflows and overall REO inventory levels remaining significantly less than post-Q1 2020 inventories. How has the foreclosure-related regulatory landscape changed since 2020 and 2021? What I see impacting the influx of REO are third-party sales at foreclosure.

Inventory 399

Inventory Technology Design Tools 399

Housing Wire

MARCH 1, 2022

In eOriginal’s 2020 Tech100 nomination, the company boasted about the efficiency their ClosingCenter product brought to mortgage lending clients; Fairway achieved 80% faster mortgage acceptance by secondary market investors and also realized a 90% reduction in interest expenses to warehouse lenders for mortgages closed using ClosingCenter.

Real Estate 358

Real Estate Brokerage Real Estate Agent Technology 358

Housing Wire

FEBRUARY 16, 2023

Black Knight will integrate Wolters Kluwer ‘s eNote and eVault capabilities in order to cut lenders’ costs per transaction and secure their clients’ electronically signed assets. Using the eVault helps clients securely manage their electronically signed assets throughout the entire post-execution loan life cycle.

Contracts 290

Contracts Technology Clients Design 290

Housing Wire

FEBRUARY 18, 2021

Learn how brokers and agents are growing listing visibility among rental properties, attracting more clients in the new year. “Based on data collected in May 2020, buyers saved listings with 3D Home tours 32% more often than listings without.” How to gain more listing visibility in a shifting housing market.

Agents 378

Agents Tools Housing Market Buyers 378

Housing Wire

JUNE 24, 2021

According to NAR over 69% of buyers have a home to sell, so really homeowners represent the earliest buyer. Many existing Buyside clients have already begun to roll out this new enhancement and have also brought in their mortgage partners into the partnership to drive retention, referrals, and efficient lead generation.

Valuation 323

Valuation Real Estate Agent Real Estate Clients 323

Housing Wire

FEBRUARY 10, 2023

Buyers seem like they can’t get a break,” Kechian said. “I I really think they had about three months last year where it was a buyers market in the fourth quarter. But of course, we have a lot of clients that move out of condos once they have kids and get married. They move to the suburbs and they take us with them.

Marketing 367

Marketing Inventory Loan Officers Buyers 367