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. Nearly six months later, Murray stands by this assertion.

Sellers 421

Sellers Buyers Real Estate Agents 421

Housing Wire

FEBRUARY 12, 2024

On Friday, home seller plaintiff Dalton Jensen filed an antitrust lawsuit in U.S. 9, 2020, and the present, and paid a buyer broker commission. 9, 2020, and the present, and paid a buyer broker commission. Yet another copycat commission lawsuit has hit the court dockets.

Real Estate 441

Real Estate Real Estate Agent Realtors Buyers 441

Housing Wire

APRIL 1, 2021

Sudi Hernandez of Cloud 9 Real Estate Group loses leads when a client hears her Cuban accent. James Dunn of eXp Realty surprised a client with his answer to their question, “You’re white, right?”. But they point to something more specific – homebuyers and sellers surprised to interact with a non-white real estate agent.

Real Estate Agent 397

Real Estate Agent Real Estate Agents Open Houses 397

Housing Wire

OCTOBER 23, 2023

In the deposition, Michael Ketchmark, the lead attorney for the plaintiffs, asked Warner to comment on a training script from HomeServices CEO Gino Blefari in which he said that when he was an agent, he was supremely confident and would tell prospective clients that while commissions are negotiable “they only go up from 6%.”

Law 431

Law Agents Realtors Contracts 431

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 334

Mortgage Real Estate Agent Real Estate Renovations 334

Lamacchia Realty

FEBRUARY 14, 2024

ARE YOU A "WANT-TO-BE" SELLER IN 2024? From low inventory levels to increasing mortgage rates , the real estate landscape has experienced a multitude of changes and challenges over the last several years, leaving many sellers wondering when the “right” time to list would be given current market conditions.

Sellers 65

Sellers Realtors Buyers Inventory 65

Housing Wire

JANUARY 24, 2023

California lender New American Funding has partnered with EasyKnock, a New York startup that buys homes and rents them back to sellers, allowing clients to access their home equity through non-traditional means. The company added more than 4,000 employees in 2020 and 2021 when rates were record-low levels.

Tenants 376

Tenants Loan Officers Finance Clients 376

McKissock

MAY 4, 2021

It’s no secret that 2020 was a crazy year for real estate. Just about every market across the United States saw a huge influx of first-time homebuyers and sellers as a result of record-low mortgage rates and the desire for more space. Discuss your role and help them understand what will be expected of them throughout the process.

Sellers 95

Sellers Marketing Buyers Real Estate 95

Housing Wire

MARCH 5, 2024

trillion in mortgages were originated in 2020 and 2021, the Mortgage Bankers Association (MBA) reported. Raunaq Singh wanted to capitalize on that opportunity and founded Roam , a platform that helps buyers and sellers with the assumption process. Raunaq Singh About $8.5 Included in that total were nearly $1.5 This amounts to $1.4

Mortgage 439

Mortgage Buyers Agents Real Estate Agent 439

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

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 381

Retail Mortgage Business Loan Officers 381

Housing Wire

NOVEMBER 8, 2021

million loss in the same period of 2020. The total servicing portfolio increased 38% between the third quarter of 2020 and 2021, to $248 billion in total. Reverse origination, however, went from $230 million in the third quarter of 2020 to $428 million in the same period of 2021.

Lending 345

Lending Sellers Business Clients 345

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 371

Real Estate Valuation Brokerage Property Management 371

Housing Wire

JUNE 16, 2022

The company pays as much as 90% of a home’s expected value for the HomeLight Trade-In product, launched in 2020. For the HomeLight Cash Offer program, also introduced two years ago, the firm makes an all-cash offer on the client’s behalf and holds the home until the client secures financing.

Brokerage 360

Brokerage Real Estate Lending Clients 360

Housing Wire

OCTOBER 26, 2023

He told the jury that sellers also benefit because it brings more foot traffic and attention to their listings. On Friday, Schulman stated that home sellers have no reason to pay buyers’ agents, whom he claimed do not provide much value. He also noted that buyers’ agents provide valuable services for sellers and buyers.

Buyers 415

Buyers Sellers Agents Law 415

Housing Wire

MAY 10, 2021

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. David Doctorow : We feel for home buyers and sellers. DD: The first step is educating yourself about what’s available and possible for today’s home buyers and sellers. .

Real Estate Agent 440

Real Estate Agent Real Estate Agents Marketing 440

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. When that happens, sellers want to know buyers have the cash to cover the difference between the appraised value and the sale price.”

Inspection 545

Inspection Inventory Buyers Sellers 545

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 370

Real Estate Agent Real Estate Agents Clients 370

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 364

Realtors Real Estate Sellers Buyers 364

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

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 376

Real Estate Brokerage Real Estate Agent Technology 376

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 534

Housing Market New Listings Sellers Buyers 534

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. The fact that we’re seeing the increase in repurchase demands is a function of just what the [origination] volumes were [in 2021 and 2020],” Piercy said.

Marketing 397

Marketing Sellers Buyers Mortgage 397

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 383

Clients Valuation Technology Inspection 383

Housing Wire

APRIL 13, 2021

1 city in population growth for the last eight years and it was the hottest job market in 2019 and 2020, according to the Wall Street Journal. Garrett said aside from cash buyers, he also has clients who have money to offset any appraisal gap. Austin has ranked as the No. In fact, Austin has just about 1.2

Housing Market 534

Housing Market Buyers Marketing Real Estate Agent 534

Appraisal Buzz

MAY 17, 2021

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. As appraisers, we faced tremendous pressure from buyers, sellers, real estate agents, and loan officers during the previous run-up. Is this any different than last time?

Appraisal 418

Appraisal Clients Real Estate Sellers 418

Housing Wire

JUNE 4, 2021

The winning buyer also waived appraisal and financing contingencies and dropped off cupcakes that matched the interior colors of the house, which was a nice touch because the seller is an artist and the home is unique and colorful.” . The jumbo market for brokers is back in a huge way. Presented by: Rocket Pro TPO.

Marketing 496

Marketing Sellers Finance Loan Officers 496

Housing Wire

JANUARY 21, 2022

When the restaurant Tom Hunt worked at as a server temporarily shut down during the spring of 2020 due to the COVID-19 pandemic, he decided it was the right time to pursue his longtime desire of becoming a real estate agent. By the end of 2020 the organization’s membership had soared to 1.48 million members.

Agents 384

Agents Real Estate Agent Real Estate Clients 384

Housing Wire

JUNE 24, 2021

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. In 2020, Buyside clients closed close to $20 Billion in sales through Buyside, averaging over a 3000% ROI.

Valuation 352

Valuation Real Estate Agent Real Estate Clients 352

Lamacchia Realty

MARCH 17, 2022

ARE YOU A "WANT-TO-BE" SELLER IN 2022? Inventory started low in 2020, and then dropped even lower in March 2020 during the stay-at-home mandates. Ask for testimonials of other sell/buy clients so you know they have handled these situations before. Worried about selling and buying at the same time?

Sellers 67

Sellers Realtors Buyers Inventory 67

Housing Wire

APRIL 9, 2021

Residential brokerage and mortgage lender William Raveis is buying its clients’ homes across New England, the tri-state area and Florida. billion in closed sales volume in 2020. But don’t confuse its new program with iBuying – they’re looking to solve the sell-before-you-buy dilemma in a different manner.

Brokerage 410

Brokerage Real Estate Clients Insurance 410

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 393

Agents Tools Housing Market Buyers 393

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 432

Real Estate Property Taxes Agents Buyers 432

Housing Wire

DECEMBER 3, 2020

1 midsized housing market to watch in 2020 , according to Zillow, because of its draw for young professionals, families, and retirees alike. In Ada County specifically, where Boise is located, the number of homes for sale dropped from 1,697 last October to just 355 in October 2020, a 79% decline. Boise, Idaho was the No.

Marketing 533

Marketing Realty Realtors Housing Market 533

Housing Wire

AUGUST 27, 2020

Home sellers are seeing their homes go under contract in record time, with nine new contracts for every 10 new listings.”. million annualized pace in the second half of 2020. Anecdotally, Realtors are telling me there is no shortage of clients or home seekers, but that scarce inventory remains a problem,” Yun said. “If

Contracts 485

Contracts Realtors New Listings Real Estate 485

Housing Wire

DECEMBER 27, 2022

Temporary rate buydowns have become a popular concession, especially among homebuilders, in which one out of 10 loans feature a seller-paid buydown, said Peter Idziak, senior associate at Polunsky Beitel Green. Those trends are likely to continue in 2023. non-Bank financial institutions at Fitch Ratings.

Housing Market 525

Housing Market Marketing Real Estate Agent Real Estate 525

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. trillion in 2020 and then $4.4 compared to 2020. increase compared to 2020. Origination volumes eclipsed $4.3

Mortgage 522

Mortgage Marketing Retail Lending 522