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. Garrett said aside from cash buyers, he also has clients who have money to offset any appraisal gap. In fact, Austin has just about 1.2

Housing Market 533

Housing Market Buyers Marketing Real Estate Agent 533

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. Attorneys, Realtors and clients are a big part of our repeat business.”

Buyers 378

Buyers Agents Loan Officers Real Estate 378

Housing Wire

NOVEMBER 28, 2023

“With access to cutting-edge tools like Performance Tracker, Compass AI , and the innovative Compass Collections, we are poised to enhance our client experience and deliver unparalleled service through the industry’s leading technology platform.” The team specializes in buyer and seller representation as well as new construction.

Real Estate Agent 403

Real Estate Agent Real Estate Realty Technology 403

Housing Wire

OCTOBER 27, 2023

Class action attorneys allege real estate commission rates are too high and buyer brokers are being paid too much due to NAR rules. Listing brokers make offers of compensation to buyer brokers who bring a buyer to the table. And if those same consumers had to go it alone without buyer representation?

Real Estate Agent 460

Real Estate Agent Real Estate Realtors Buyers 460

Housing Wire

APRIL 8, 2024

In addition to the monetary award, Real has also agreed to implement business policy changes as part of the settlement, including “clarifications about the negotiability of commissions, prohibitions on claims that buyer agent services are free, and the inclusion of listing broker compensation offers in communications with clients.”

Brokerage 350

Brokerage Real Estate Agent Real Estate Clients 350

Housing Wire

AUGUST 30, 2023

A couple of weeks ago, mortgage rates soared to a new 2023 high, reaching over 7% on a 30-year fixed-rate loan for the first time since November 2022. Yet higher mortgage rates aren’t all bad news for savvy real estate agents. Many real estate agents may shy away from working with landlords and renters.

Real Estate Agent 388

Real Estate Agent Mortgage Landlords Real Estate 388

Housing Wire

APRIL 23, 2024

Martell said that when the mortgage market meltdown happened in 2022, the company set a plan that included simplifying the organizational structure, focusing on client service and quality, automation and operating leverage. million loss in 2022. loanDepot recorded a non-GAAP adjusted net loss of $142.4 Judge Stephen R.

Mortgage 286

Mortgage Real Estate Agent Real Estate Renovations 286

Housing Wire

JANUARY 17, 2024

Did you know that in 2022, both younger and older Baby Boomers made up the largest generation of American homebuyers? 1 With over 12,000 Americans turning 65 every day in 2024, this burgeoning market will undoubtedly continue to bring more buyers and sellers to the table over the next decade.

Finance 427

Finance Real Estate Agent Real Estate Insurance 427

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 426

Sellers Buyers Real Estate Contracts 426

Housing Wire

OCTOBER 28, 2022

One of the biggest benefits of social media for real estate agents and mortgage brokers is the ability to highlight your success stories to connect with clients. To go back to the full HousingWire Annual 2022 on demand page, go here. Watch the full session below.

Real Estate Agent 330

Real Estate Agent Development Agents Real Estate 330

Housing Wire

NOVEMBER 30, 2021

2022 is slated to be? a buyer’s market. ? . Agents, you might have a new area of interest for prospective buyers.??. a broker or an agent, having a deep knowledge of your market is impressive. Guiding your clients to a price?that yourself as a new real estate agent to a respected brokerage with multiple?offices?who

Real Estate 428

Real Estate Agents Real Estate Agent Business 428

Housing Wire

APRIL 22, 2024

Check out Wise Pelican Typically, you’d mail the just sold letter to homeowners who live around a property you just helped your client to sell. There are still plenty of buyers interested in this area. In fact, we had (number) offers, which means there are still ready, willing, and qualified buyers eager to make an offer!

Real Estate 343

Real Estate Open Houses Brokerage Real Estate Agent 343

Housing Wire

MAY 4, 2023

The company’s GAAP net loss in Q1 was $411 million, a decline from 2022 Q4’s $493 million. Adjusted revenue exceeded the top end of our guidance, driven by healthy client demand and strong execution,” Jay Farner, CEO of Rocket Companies, said in a statement. decline from $19 billion in Q4 2022.

Real Estate Agent 378

Real Estate Agent Clients Mortgage Inventory 378

Appraisal Buzz

APRIL 1, 2024

That’s the largest annual increase in percentage terms since April 2022, the firm says. Homebuyers are doing whatever they can to pull together a large down payment in order to lower their monthly payments moving forward,” says Rachel Riva, a Redfin real estate agent in Miami. I had one client who put down 40 percent.”

Real Estate Agent 195

Real Estate Agent Investors Buyers Real Estate 195

Housing Wire

MARCH 13, 2024

As recently as five years ago, homeowners insurance was certainly not top of mind for most homebuyers and their real estate agents , but the rapidly rising cost of insurance premiums is changing that. For some buyers, surprisingly high insurance premiums are causing them to second-guess the property they have selected. “I

Real Estate Agent 427

Real Estate Agent Insurance Real Estate Agents 427

Housing Wire

FEBRUARY 23, 2024

The three big pillars Rocket is betting on for profitability are AI-driven productivity, which in turn will bring increased profit; its acquisition of new clients and market share; and deep pockets for continued investment, which includes a lot of cash. Rocket’s stock price rose to $11.75 per share at market open on Friday, up from $10.98

Clients 372

Clients Investing Real Estate Agent Mortgage 372

Housing Wire

APRIL 14, 2022

Consolidation in the mortgage industry is likely in 2022, analysts and lending executives said. “I had not done first mortgage lending before, but I was familiar with the basics of real estate lending. of UWM’s mix in 2021, and company executives expect that number to grow in 2022 as rates climb. billion, up 103.3%

Mortgage 521

Mortgage Marketing Retail Lending 521

Housing Wire

NOVEMBER 7, 2023

The company also increased its agents count by 4%, reaching 14,055 principal agents in Q3. That’s a 4% year-over-year increase of 511 principal agents since Q3 2022 and a 3% increase of 422 agents compared to the second quarter of 2023. Revenue decreased by 10% year over year to $1.34

Agents 337

Agents Real Estate Agent Realtors Brokerage 337

Housing Wire

NOVEMBER 8, 2023

Another day and another class-action antitrust commission lawsuit accusing the real estate industry of colluding to inflate real estate agent commissions has been filed. But this latest one comes with a twist — it was filed by homebuyers, unlike the others filed by home sellers.

Real Estate 423

Real Estate Realtors Sellers Agents 423

Housing Wire

SEPTEMBER 11, 2023

Founded in 2022 by Eric Meadow, Home Sale Assured produces a “Guaranteed Backup” options contract, which enables existing homeowners to buy their next home before closing the sale of their current home. During this 90-day period, the client can work with a real estate agent to list their prior home.

Contracts 336

Contracts Real Estate Agent Tenants Retail 336

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 355

Real Estate Real Estate Agent Clients Agents 355

Housing Wire

NOVEMBER 29, 2023

“A lot of Nashville locals have been priced out of homeownership, but when you’re coming from somewhere like California or New York, housing prices here still seem reasonable,” Redfin Premier real estate agent Kristin Sanchez said in a statement.

Property Taxes 373

Property Taxes Real Estate Agent Insurance Housing Market 373

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. Department of Veterans Affairs (VA) handled about 6,400 assumptions, more than double the amount in 2022, according to The Wall Street Journal. How do you help real estate agents?

Mortgage 399

Mortgage Buyers Agents Real Estate Agent 399

Housing Wire

OCTOBER 1, 2022

If discrimination is committed by appraisers – as the news headlines would suggest – fellow appraisers and real estate agents say they rarely witness or experience it. “We had an Appraiser go MIA and almost cost my buyer a deal.”. Appraisers need to have to answer to someone,” said another.

Appraisal 370

Appraisal Real Estate Agent Valuation Training 370

Housing Wire

SEPTEMBER 11, 2023

The New York-based independent bank exceeded its 2022 production volume of $400 million in August, but the end goal is far more ambitious: The company is aiming to produce between $3 billion to $5 billion in origination volume annually. Target buyers for Cliffco include non-traditional buyers seeking investor loans.

Loan Officers 370

Loan Officers Agents Retail Technology 370

Housing Wire

MAY 1, 2024

Just six months ago, when a Missouri jury found HomeServices of America, Keller Williams and the National Association of Realtors (NAR) liable for colluding to artificially inflate real estate agent commissions , the industry’s path forward was very murky.

Realtors 331

Realtors Real Estate Agent Real Estate Brokerage 331

Housing Wire

MARCH 12, 2024

The office will launch with eight agents , including Reizen. Over the past five years, buyers from Texas, Colorado and Florida have flocked to Sandpoint to acquire property, according to a company news release. The expansion into Idaho will also grant more agents access to Christie’s proprietary technology , pl@tform.

Real Estate 411

Real Estate Brokerage Agents Technology 411

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.

Real Estate Agent 52

Real Estate Agent Real Estate Appraisal Agents 52

Housing Wire

MARCH 8, 2024

It was mid-February when clients, family and friends began asking Jason Posnick about strange postcards appearing in their mailboxes. If you sold a home and paid a commission to a real estate agent, you may be part of class action settlements,” the postcards read. Lisa is super on the pulse.

Agents 386

Agents Legal Realtors Clients 386

Housing Wire

AUGUST 18, 2023

based firms on percentage revenue growth from 2019 to 2022. The minimum revenues required are $100,000 for 2019 and $2 million for 2022. 5000 – 2023 CityLight Homes came in as the top-ranked real estate brokerage or team in 2023, claiming the No. 188), and Keeton & Co Real Estate (No.

Brokerage 366

Brokerage Real Estate Realty Real Estate Agent 366

Housing Wire

JANUARY 10, 2024

The National Retail Federation found that during the 2022 holiday season, retailers saw 17.9% Rethinking branded gifts One common practice in the real estate industry is gifting branded items like Cutco knives to home buyers and sellers. Add the clients’ names and the date of their closing.

Real Estate 331

Real Estate Clients Retail Client Relationships 331

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?

Real Estate 368

Real Estate Real Estate Agent Brokerage Agents 368

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 323

Real Estate Brokerage Real Estate Agent Technology 323

Housing Wire

DECEMBER 13, 2022

HousingWire: 2022 has proven to be a challenging year for the industry, and as a result, there seem to be two camps of thought: “Hunker down and get through it” or “Find opportunity growth amid chaos.” MF: The big story in 2022 was the quick change. The best time to lean into this business is when others are leaning out.

Clients 371

Clients Technology Real Estate Agent Business 371

Housing Wire

FEBRUARY 7, 2023

The Federal Reserve (Fed) actions that resulted in millions of borrowers receiving mortgage rates below 4% gave way to Fed actions that… triggered mortgage rates to rise above 7% in the fall of 2022. And many buyers are waiting on the sidelines, paralyzed by low housing inventory and high rates. Tozer suggested “a fee of 1.3%

Mortgage 366

Mortgage Loan Officers Government Buyers 366

Housing Wire

JULY 25, 2023

A lot of my clients will get insurance quotes three months into the project and then about a year later they are getting their final quote. One of my recent new home buyers got their final quote on a property a 30-minute drive from the coast and it had gone up 40% from a year ago. Entry level homebuyers are getting hit hardest.

Insurance 343

Insurance Housing Market Marketing Agents 343

Housing Wire

JULY 25, 2022

Local real estate agents, loan officers and appraisers from each city share what characteristics are currently defining their housing markets. 1 housing market for spring 2022, there is no doubt that the housing market in Rapid City is one to watch. In March 2022, the median list price of a home was up 21.4%

Housing Market 322

Housing Market Marketing Real Estate Real Estate Agent 322