Housing Wire

OCTOBER 9, 2023

If you’re interested in becoming a real estate agent in Illinois, you’ll be happy to hear that the path to getting your real estate license in the Prairie State doesn’t require as much of a time commitment as other states. 1] As a real estate broker in Illinois, it is not legal for you to work independently.

Real Estate Agent 389

Real Estate Agent Real Estate Agents Brokerage 389

Housing Wire

FEBRUARY 28, 2024

Top 10 mortgage lender and servicer Newrez is partnering with Newzip , a tech-enabled real estate platform, to roll out a program aimed to save buyers and sellers on credit costs. Dubbed Newrez Home Rewards, buyers will be matched with a real estate agent who works with Newzip and provided booking services.

Real Estate Agent 396

Real Estate Agent Real Estate Agents Loan Officers 396

Housing Wire

NOVEMBER 2, 2023

Real estate agents are always looking for vetted, high-quality leads — and especially so during 2023 market conditions. These providers offer a rapid and cost-effective means for real estate agents to gather a list of potential clients and ultimately boost sales.

Real Estate 373

Real Estate Real Estate Agent Tools Agents 373

Housing Wire

FEBRUARY 21, 2024

Keller Williams Realty has partnered exclusively with the online learning platform Coursera to offer a comprehensive introduction to the business of real estate. Dubbed the KW Real Estate Agent Professional certificate, the program will give participants a head start in the real estate industry.

Real Estate 424

Real Estate Real Estate Agent Realty Clients 424

Housing Wire

FEBRUARY 28, 2024

As brokerages across the country have begun implementing buyer agency contracts into their business practices in the wake of the Sitzer/Burnett commission lawsuit verdict, the Consumer Federation of America is warning consumers that they may be filled with “unfair provisions” that primarily protect agents and brokers.

Buyers 369

Buyers Contracts Agents Realtors 369

Housing Wire

JANUARY 12, 2024

Guaranteed Rate has introduced a new feature that allows sellers working with a G-Rate loan officer to pay a fee that locks in a permanently discounted mortgage rate for a buyer. The real estate agent works with the seller and a Guaranteed Rate loan officer to pay a fee and lock in the discounted rate for a buyer.

Sellers 414

Sellers Real Estate Agent Loan Officers Mortgage 414

Housing Wire

NOVEMBER 23, 2022

The seller, who struggled to find a buyer in a cooled down housing market, agreed to deposit a lump sum payment into an escrow account at closing – ultimately saving Davis $6,900 in monthly payments in the first two years. It gives the buyer and seller the feeling of beating the mutual enemy, ‘the market,’ and gaming the system.”.

Buyers 464

Buyers Marketing Sellers Loan Officers 464

Housing Wire

MAY 8, 2024

million net loss reported in Q1 2023. million, compared to Q1 2023’s free cash-flow loss of $59 million. First, more buyers are using agents in 2023 than in 2003. Second, buyer agreements are not new. Third, Compass agents have doubled down on training to help them better communicate their value proposition.

Agents 360

Agents Brokerage Real Estate Clients 360

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

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 365

Brokerage Real Estate Agent Real Estate Clients 365

Housing Wire

FEBRUARY 14, 2024

Jeremy Foster, founder and chairman of Calque Buying a home today can be stressful and fraught with complicated issues, such as contingencies requiring the buyer to sell their current home before qualifying for the home they want to buy. debt-to-income requirements) instead of requiring substantive changes to the real estate process.

Buyers 380

Buyers Loan Officers Real Estate Agent Agents 380

Housing Wire

DECEMBER 13, 2022

As brokers and LOs close out a challenging year and set their sights on 2023, it could be tempting to take a pessimistic view. However, there are actionable steps and strategies they can take to ensure 2023 is as profitable as possible. Most industry observers expect 2023 to be much more consistent.

Clients 382

Clients Technology Real Estate Agent Business 382

Housing Wire

FEBRUARY 6, 2024

Even as the housing market slowed in 2022 and 2023, the fraudulent activity of bad actors did not let up. home buyers and sellers it survey were targeted with suspicious or potentially fraudulent activities, while 10% were targeted for real estate fraud and 5% suffered losses during their real estate transaction due to fraudster.

Real Estate Agent 395

Real Estate Agent Real Estate Sellers Buyers 395

Housing Wire

SEPTEMBER 29, 2023

MoxiWorks , a real estate technology platform, just made it easier to create and share presentations thanks to its latest product integration. The company combined its two tools — MoxiPresent and MoxiConnect — to streamline the creation of presentations , buyer tours and annual property reviews to send the assets directly to customers.

Real Estate Agent 362

Real Estate Agent Real Estate Clients Agents 362

Housing Wire

AUGUST 18, 2023

The slower housing market and uncertain economic conditions took their toll on the number of real estate brokerages and firms that were named to Inc. Magazine ’s 5000 list for 2023, a ranking of the fastest-growing companies in the U.S. Last year’s top ranked real estate brokerage firm, DASH Carolina , dropped from No.

Brokerage 369

Brokerage Real Estate Realty Real Estate Agent 369

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. Lofty home prices make matters worse – the median home sales price was $436,800 as of Q1 2023.

Real Estate Agent 400

Real Estate Agent Mortgage Landlords Real Estate 400

Cleveland Appraisal Blog

APRIL 26, 2023

If you decide to use a realtor it can make the experience much smoother, much easier and ultimately far better for you as a buyer. Join us in this article as we discuss the many different benefits of a Ventura Realtor when buying land in 2023 and why you should consider this as an option before you take the long road all by yourself.

Realtors 272

Realtors Buyers Real Estate Agent Appraisal 272

Housing Wire

APRIL 26, 2024

Summary The Millionaire Real Estate Agent Drive with NAR Real Estate Rockstars Podcast The Tom Ferry Podcast Experience Real Trending by HousingWire Elite Agent Secrets The Listings Lab Podcast with Jess Lenouvel Real Estate Training and Coaching School 5AM Call Keeping it Real The full picture 1.

Real Estate 447

Real Estate Agents Real Estate Agent Training 447

Housing Wire

FEBRUARY 26, 2024

If the Federal Reserve lowers interest rates as expected, the industry anticipates an uptick in transactions as buyers and sellers become more active. By incorporating this outlook into their strategic planning, mortgage originators may better anticipate changes, adapt their client service, and meet their goals.

Mortgage 359

Mortgage Clients Real Estate Agent Real Estate 359

Housing Wire

APRIL 1, 2024

We do see this as a new asset class in the real estate ecosystem and we see it as complementary to traditional debt options that exist today,” Burnett said. Turning point A turning point for the home equity investment market came with the closing of the first rated securitization of notes backed by HEAs in September 2023.

Finance 397

Finance Investing Real Estate Agent Real Estate 397

Housing Wire

FEBRUARY 1, 2024

Your real estate website should serve multiple functions, almost like a digital business card with an MLS listing storefront, a booking platform, a home valuation page, and even your background story and biography. Remember — your prospective clients are glancing through dozens of agents’ websites.

Real Estate 428

Real Estate Real Estate Agent Agents Brokerage 428

Housing Wire

FEBRUARY 23, 2024

Rocket Companies , the parent of Rocket Mortgage , lost money in 2023 , but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Rocket’s stock price rose to $11.75 per share at market open on Friday, up from $10.98

Clients 388

Clients Investing Real Estate Agent Mortgage 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 in 2023, smaller than its $457.6 million in 2023, smaller than its $457.6 million loss in 2022.

Mortgage 294

Mortgage Real Estate Agent Real Estate Renovations 294

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 360

Real Estate Open Houses Brokerage Real Estate Agent 360

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 Big Chill” or “Frozen,” says Green, principal at real estate law firm Polunsky Beitel Green. And, the market looks likely to remain frozen well into 2023, experts told HousingWire.

Housing Market 510

Housing Market Marketing Real Estate Agent Real Estate 510

Housing Wire

MARCH 5, 2024

Mortgage assumption is a niche option that gained momentum in 2023. An assumable mortgage enables a qualified buyer to take over a seller’s mortgage terms, including the existing balance and interest rate. In 2023, the Federal Housing Administration (FHA) and the U.S. Launched in September 2023, the company secured $1.25

Mortgage 412

Mortgage Buyers Agents Real Estate Agent 412

Housing Wire

NOVEMBER 7, 2023

Compass surprised positively in the third quarter of 2023 by posting a number of strong results. The company also increased its agents count by 4%, reaching 14,055 principal agents in Q3. We expect to achieve our $900 million annualized non-GAAP operating expense run rate in Q4 2023,” Refkin said during the call.

Agents 357

Agents Real Estate Agent Realtors Brokerage 357

Housing Wire

JANUARY 3, 2024

Real estate agents are optimistic about the housing market and working to implement buyer agency agreement as we head into 2024, according to the RealTrends Q1 2024 AgentPulse survey. Better buyer and seller presentations to break down payment to a more granular level,” was one agent’s response.

Agents 359

Agents Realtors Clients Real Estate Agent 359

Appraisal Buzz

APRIL 1, 2024

from $44,850 in February 2023, according to Redfin. 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.” Home prices increased 6.6%

Real Estate Agent 195

Real Estate Agent Investors Buyers Real Estate 195

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 423

Sellers Buyers Real Estate Contracts 423

Housing Wire

OCTOBER 16, 2023

Regardless of the outcome, real estate brokers are doing all they can to prepare their brokerages and their agents for more transparency, education on the value real estate agents bring to the transaction, and more, according to the 2023 Q4 BrokerPulse survey , a forward-looking housing market sentiment survey by HousingWire.

Real Estate 359

Real Estate Brokerage Training Agents 359

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 350

Realtors Real Estate Agent Real Estate Brokerage 350

Housing Wire

JANUARY 17, 2023

The latest numbers have many in the industry starting the year on a hopeful note, with the possibility that we’ll see mortgage rates returning to the 5% range in 2023. These hopes for a declining rate have many loan officers feeling optimistic about 2023’s business prospects after experiencing lower volumes last year. Make a plan.

Loan Officers 362

Loan Officers Marketing Real Estate Agent Real Estate 362

Housing Wire

DECEMBER 7, 2023

As the real estate market continues to grapple with high interest rates and low inventory, agents entering the market are looking for affordable client relationship management (CRM) tools that offer a cost-effective means to automate and manage client interactions.

Real Estate 390

Real Estate Real Estate Agent Tools Agents 390

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 437

Real Estate Agent Insurance Real Estate Agents 437

Housing Wire

FEBRUARY 22, 2024

When the Department of Justice (DOJ) revealed last week the changes it would like to see in how real estate agents and brokers are compensated through its statement of interest filed in the MLS Property Information Network commission lawsuit , few in the real estate industry were surprised by the agency’s desire to decouple commissions.

Sellers 414

Sellers Buyers Real Estate Agents 414

Housing Wire

MAY 4, 2023

Elevated mortgage rates hurt Rocket Companies , the parent of Rocket Mortgage , again in the first quarter of 2023. 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 386

Real Estate Agent Clients Mortgage Inventory 386