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 373

Real Estate Agent Real Estate Agents Brokerage 373

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 382

Real Estate Agent Real Estate Agents Loan Officers 382

Housing Wire

NOVEMBER 29, 2023

In the ever-competitive real estate market, creating a consistent flow of real estate buyer leads is strategy for success. Extending a broad (but strategic) net is part of knowing how to generate buyer leads in real estate. Of course, you can’t do everything — but consistency is important.

Real Estate 370

Real Estate Buyers Tools Real Estate Agent 370

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 355

Real Estate Real Estate Agent Tools Agents 355

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 353

Buyers Contracts Agents Realtors 353

Housing Wire

NOVEMBER 1, 2023

Three researchers believe a first-of-its-kind dataset has enabled them to definitively answer a long-debated question: why have buyer agent commission rates been so stable historically? and relied on salaried agents rather than commission-paid agents, who typically cost sellers 5-6%.

Clients 423

Clients Agents Buyers Sellers 423

Housing Wire

MARCH 2, 2023

And just like the bears who are starting to wake up from their long winter naps, homebuyers and sellers are coming out of hibernation… or at least they normally do. The pandemic definitely changed the real estate market ,” Todd Alperin, a Better Homes and Gardens Real Estate The Masiello Group agent based in Southern New Hampshire, said.

Real Estate Agent 371

Real Estate Agent Inventory Real Estate Agents 371

Housing Wire

OCTOBER 7, 2020

August’s HPSI survey revealed both a confident seller’s and buyer’s market, however, Fannie Mae reported September buyers showing more hesitancy. Despite real estate agents reporting record numbers, buyer morale fell 5% with 54% of respondents saying it is a good time to buy a home. As of Oct.

Sellers 536

Sellers Real Estate Agent Buyers Design 536

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 416

Real Estate Real Estate Agent Realty Clients 416

Housing Wire

JANUARY 22, 2024

District Court in New York against the Real Estate Board of New York and several brokerages, according to court filings. Friedman’s suit was in regard to the 2021 sale of his Park Slope home, in which he paid a buyer broker commission. It is not required for a seller to compensate a buyer’s agent.

Real Estate Agent 385

Real Estate Agent Real Estate Agents Sellers 385

Housing Wire

NOVEMBER 23, 2022

What helped Erica Davis, a loan originator at Guild Mortgage , in the current high-rate environment is a seller-funded temporary 2-1 rate buydown. In a high-rate environment, lenders call the temporary rate buydown a win-win strategy for both sellers and buyers when used appropriately. in the second year.

Buyers 468

Buyers Marketing Sellers Loan Officers 468

Housing Wire

JANUARY 12, 2024

In the third quarter of 2023, 88.5% To conduct this study , Redfin analyzed data from the Federal Housing Finance Agency ’s National Mortgage Database as of the third quarter of 2023. For repeat buyers and first-time buyers who entered the market in 2022, the average mortgage rate was above 6%. in mid-2022. below 5%, 59.4%

Real Estate Agent 463

Real Estate Agent Sellers Inventory Mortgage 463

Housing Wire

NOVEMBER 28, 2023

The team specializes in buyer and seller representation as well as new construction. 15 in the state of Wisconsin by transaction sides, according to the RealTrends 2023 America’s Best list. “As Compass launched operations in Wisconsin in 2021 and currently operates eight offices with 175 real estate agents.

Real Estate Agent 403

Real Estate Agent Real Estate Realty Technology 403

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 379

Real Estate Agent Real Estate Sellers Buyers 379

Empire Appraisal Group

FEBRUARY 29, 2024

Lusky, DigitalVision, Getty Images Source: [link] FSBO Sellers Regret Not Having an Agent By Melissa Dittmann Tracey Survey: Sellers who go-it alone are twice as likely to be unsatisfied with the experience – and more likely to say their earlier opinion, “agents are overpaid,” was wrong.

Sellers 78

Sellers Agents Real Estate Agent Real Estate 78

Housing Wire

APRIL 12, 2023

Industry players are largely pessimistic about the economic climate and expect interest rates to trend up in the near term future, according to the HousingWire Q2 2023 LenderPulse survey. In a high-rate environment, lenders call the temporary rate buydown a win-win strategy for both sellers and buyers when used appropriately.

Mortgage 308

Mortgage Marketing Loan Officers Real Estate Agent 308

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 366

Brokerage Real Estate Realty Real Estate Agent 366

Housing Wire

FEBRUARY 16, 2024

The modified rule still gives sellers and their listing brokers a role in setting compensation for buyers’ brokers,” the filing states. “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

NOVEMBER 8, 2023

31, 2023, the Gibson lawsuit pits three Missouri home sellers, Don Gibson, Lauren Criss and John Meiners, against National Association of Realtors , Compass , eXp World Holdings , Redfin , Weichert Realtors , United Real Estate , Howard Hanna and Douglas Elliman. Its agents also offer buyer broker compensation.

Real Estate 400

Real Estate Sellers Realtors Real Estate Agent 400

Housing Wire

JANUARY 9, 2024

District Court in Arizona, Joseph Masiello, an Arizona resident and home seller, accuses several real estate companies of colluding to artificially inflate real estate agent commissions. According to the filing, Masiello was “required to pay a 2% commission ($8,200) to the seller broker and a 2.5%

Realty 460

Realty Realtors Real Estate Real Estate Agent 460

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 416

Sellers Buyers Real Estate Agents 416

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

JANUARY 11, 2024

There was industry-wide shock when the Missouri jury found NAR, Keller Williams and HomeServices of America liable for colluding to artificially inflate real estate agent commissions. But at this point it really isn’t about NAR, it is about the future of the industry.

Real Estate Agent 427

Real Estate Agent Real Estate Buyers Agents 427

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

OCTOBER 13, 2023

Berg told ALTA One attendees that they should be particularly wary of escrow account “shenanigans” and that they need to keep tabs on how builders and real estate agents are shifting funds around through escrow accounts. Our realtor partners are hurting,” Berg said. “Our Our realtor partners are hurting,” Berg said.

Real Estate Agent 401

Real Estate Agent Real Estate Agents Sellers 401

Lamacchia Realty

FEBRUARY 21, 2024

SELLERS, HERE'S WHAT TO DO IF A BUYER REQUESTS REPAIRS AFTER INSPECTION Selling your home and moving into a new one can be an exciting life chapter. A common issue that sellers should be prepared for is a buyer requesting repairs after the home inspection. So, what do you, as a seller, do in this scenario?

Inspection 66

Inspection Sellers Buyers Agents 66

Housing Wire

APRIL 22, 2024

We negotiated to get the sellers the highest price possible. 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! Many of us are in sellers’ markets with very low inventory.

Real Estate 343

Real Estate Open Houses Brokerage Real Estate Agent 343

Housing Wire

APRIL 23, 2024

million in 2023, smaller than its $457.6 In the purchase space, Martell said that real estate agents are the company’s “biggest source” of leads and are all “trying to figure out” what the NAR settlement will mean for the market. loanDepot recorded a non-GAAP adjusted net loss of $142.4

Mortgage 286

Mortgage Real Estate Agent Real Estate Renovations 286

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 344

Agents Brokerage Real Estate Clients 344

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 399

Mortgage Buyers Agents Real Estate Agent 399

Housing Wire

APRIL 1, 2024

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. DBRS Morningstar’s rating of the $224 million securitization opened up new types of bond buyers that have inherently lower costs of capital, Saluda Grade CEO Ryan Craft said.

Finance 380

Finance Investing Real Estate Agent Real Estate 380

Housing Wire

MAY 1, 2024

While Zillow’s net loss of $23 million for the quarter, which was up from its net loss of $22 million in Q1 2023, did not necessarily reflect Barton’s confidence, the firm’s 13% annual increase in revenue to $529 million did. million real estate license holders, many handle only one or two transactions a year.

Agents 343

Agents Real Estate Contracts Real Estate Agent 343

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. As the report notes, most first-time home buyers can’t afford a big down payment.

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

MARCH 20, 2024

However, the company still makes the vast majority of its revenue – 75% in 2023 – from the services it provides brokers and agents in the for-sale residential market. Those same investors foresee fewer buyer agents as a result, or at least fewer that will pay for the premium services Zillow offers. .”

Investors 395

Investors Agents Real Estate Buyers 395

Housing Wire

FEBRUARY 6, 2024

In 2023, the Federal Housing Administration (FHA) and the U.S. An assumable mortgage enables qualified buyers to take over the seller’s mortgage terms, including the existing balance and interest rate. But these transactions have grown recently. The fees are typically lower than those of new loans and no appraisal is needed.

Mortgage 371

Mortgage Sellers Advertising Buyers 371

Housing Wire

FEBRUARY 14, 2024

To lure more buyers, sellers are coming to terms with the market conditions and are agreeing to apply price cuts to their homes. “Buyers should prep their credit scores and sellers should prep their properties now, attractive listings are going pending in less than a month, and time on market will shrink in the weeks ahead.” .

New Listings 370

New Listings Sellers Housing Market Buyers 370