Housing Wire

APRIL 9, 2024

It’s imperative for real estate agents to inform homebuyers about DPA opportunities so more people can qualify for a mortgage and begin building generational wealth through homeownership,” Rob Chrane, founder and CEO of DPR, said in a statement. Certain targeted areas are eligible for even higher income and price limits.

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Real Estate Agent Agents Real Estate Realtors 404

Housing Wire

NOVEMBER 1, 2023

I think it will come down to the individual brokers to get the damages, and that kind of money will put a significant amount of the brokers out of business,” the Berkshire Hathaway HomeServices Drysdale Properties broker-owner said. “I The real estate industry as agents and brokers know it has been turned upside down. billion in damages. (It

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Open Houses Brokerage Agents Realtors 475

Sacramento Appraisal Blog

OCTOBER 26, 2023

This owner transformed a tract home built in 2002 into something with serious Midtown modern vibes. When I saw this house, I knew I wanted to write about it, and I think there are some great conversation nuggets. You will either love it or hate it.

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Modernization Appraisal Appraisal Tips 339

Appraisal Buzz

APRIL 10, 2024

Pam is the Owner of Teel Consulting Services, an AQB-Certified USPAP Instructor, and a real estate appraisal consultant, mentor, and instructor. In this episode, we chat about foreclosures, short sales, and more. The post Should We Be Worried About Pre-foreclosures, Short Sales, and REOs?

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Housing Wire

APRIL 22, 2024

He then asked Tager and Lickstein about their first forays into the AI space, and Tager talked about using it first through SMS text messaging around 2019, years before OpenAI ’s ChatGPT product came into the fold and set off the current run on the tech and debate about its use.

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Real Estate Tools Brokerage Agents 379

Housing Wire

MARCH 1, 2024

All were asked about their financial plan for retirement and the role they expect their home to play in that retirement. The GSE discovered that 72% of respondents are confident about their income in retirement , while economically disadvantaged older homeowners were less confident at 55%. homeownership.

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Government Mortgage 460

Housing Wire

APRIL 15, 2024

Although more agents are fielding questions about the commission lawsuits than they were a quarter ago , they also remain optimistic about where the housing market is headed in the second quarter of 2024, according to the RealTrends Q2 2024 AgentPulse survey.

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Inventory Agents Real Estate Sellers 412

Housing Wire

APRIL 23, 2024

Department of Labor (DOL) on Tuesday announced a new rule that governs retirement advice, requiring more financial advisers to follow stricter fiduciary standards when dispensing advice about retirement-focused investments. Taking effect on Sept. Taking effect on Sept.

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Investing Investors Design Government 349

Housing Wire

DECEMBER 7, 2023

Editor in Chief Sarah Wheeler sat down with Tom Cronkright, co-founder and executive chairman of CertifID and CEO of Sun Title , to talk about battling the latest frauds and scams as bad actors leverage a new arsenal of tech tools to wreak havoc on buyers and sellers of real estate. And the seller net proceeds continue to be a target.

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Real Estate Sellers Technology Real Estate Agent 444

Housing Wire

OCTOBER 11, 2023

The SLS platform for us is very much the focus as to how we think about fee-based income and third-party business,” Baron Silverstein, president at NewRez , a subsidiary of Rithm, said on Wednesday afternoon during the HousingWire Annual conference, held Oct. CEDAR CREEK, Texas — Real estate investment trust Rithm Capital Corp.’s

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Housing Wire

OCTOBER 19, 2023

In what could be an attempt to get ahead of changes that may be coming to the real estate industry, the Real Estate Board of New York announced some major policy changes this week, as first reported on by The Real Deal. Starting Jan. The rule will require listing agreements to clearly outline the seller’s offer of compensation to the buyer’s agent.

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Sellers Agents Brokerage Real Estate 427

Housing Wire

JANUARY 8, 2024

Additionally, Brian Schweiker, the co-owner of the RE/MAX office with Seder, will also join eXp, the company reported. They did about $265 million in volume across 333 transactions in 2022. They did about $265 million in volume across 333 transactions in 2022. In a statement, Seder expressed his enthusiasm about the move.

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Realty Brokerage Real Estate Agents 421

Appraisal Buzz

APRIL 18, 2024

Loans across property types are adjusting to higher interest rates and uncertainty about property values, but the continued fog around the impact of hybrid work adds another challenge for office properties and their loans.” “The With 20 percent of the $4.7 According to MBA’s commercial real estate finance Loan Performance Survey, 96.8%

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Mortgage Real Estate Finance Appraisal 195

Housing Wire

NOVEMBER 15, 2023

“Life isn’t about what happens to you; it’s all about how you respond. ” As CEO, Keller Williams will leverage Willis’ vast knowledge and expertise to continue to help its agents and market center owners grow their businesses. Marc King will continue to serve as President of Keller Williams.

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Brokerage Real Estate Realty Agents 427

Housing Wire

JUNE 3, 2021

The regulator also extended protections for tenants that property owners must adhere to in order to access forbearance. The regulator also extended protections for tenants that property owners must adhere to in order to access forbearance. During forbearance, property owners can’t evict tenants solely for non-payment of rent.

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Tenants Landlords Finance Tools 475

Housing Wire

JULY 17, 2023

Unfortunately, today’s competitive market has created the perfect environment for seller impersonation fraud — a type of fraud in which bad actors impersonate property owners and attempt to sell property they don’t own. Scammers pose as property owners and contact a real estate agent to list the property for sale.

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Sellers Real Estate Agent Real Estate Insurance 370

Housing Wire

MARCH 25, 2024

It may be counterintuitive, but loan officer Scott Betley, a 32-year-old TikTok sensation , says he isn’t worried about a potential U.S. Using trending videos, educational content and humor to reveal all the secrets about buying a house, Betley, known as @thatmortgageguy , has reached 870,000 followers and garnered 15.5

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Loan Officers Tools Business Clients 407

Housing Wire

AUGUST 9, 2022

But it hasn’t really been that long since one could walk into just about any title agency and expect to see things like paper files, fax machines and a courier arriving to deliver documents (and, perhaps, a paper check or two.). Agents and business owners are tackling their most manual, redundant and time-consuming workflow processes.

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Technology Business Agents Clients 492

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. Thanks to Lisa Chinatti, the broker-owner at Chinatti Realty Group , he was not completely caught off guard. Lisa is super on the pulse. What do the postcards say?

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Agents Legal Realtors Clients 423

Housing Wire

MARCH 11, 2024

I have been in the mortgage industry for more than two decades and have been working with reverse mortgages for about 12 of those years. So many people have questions about reverse mortgages: how do they work? So many people have questions about reverse mortgages: how do they work? Are they the right choice?

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Mortgage Tools Lending Finance 452

Housing Wire

AUGUST 17, 2023

When times are good, most owners will say that they don’t have the time because there’s so much new business coming in the door. When times are not so good, owners will say they don’t have time because they’re too busy trying to get new business in the door. And, one thing that I always spot in these financials is excess spending.

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Real Estate Contracts Tools Training 316

Housing Wire

NOVEMBER 7, 2023

Banks most frequently cited a less favorable or more uncertain economic outlook; reduced tolerance for risk; deterioration in the credit quality of loans and collateral values; and concerns about funding costs as important reasons for tightening lending standards over the third quarter,” the report said.

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Lending Mortgage Loan Officers Government 459

The Appraiser Coach

JULY 20, 2021

You have heard me talk about the business owner cap versus the technician cap. As appraisers we often wear at least two different hats. While we often play both roles, Read More.

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Appraisal Business Advertising Real Estate Agent 370

Housing Wire

JANUARY 26, 2024

Sparks and personal insults flew between Anthony Lamacchia , the broker-owner of Lamacchia Realty , and Michael Ketchmark, the lead attorney for the plaintiffs in the Sitzer-Burnett commission lawsuit , during their virtual debate hosted by HousingWire on Friday afternoon. It dehumanizes Realtors and turns us into money-making machines.”

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Realtors Law Agents Real Estate 436

Housing Wire

APRIL 4, 2024

For such a critical number, little has been written about the expected rate and its impact on HECM loans. In this month’s update, we’ll discuss two features you may not know about expected rates. This rate is used, among other things, to help determine a borrower’s initial principal limit (borrowing capacity).

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Mortgage Home Value Development Appraisal 365

Housing Wire

SEPTEMBER 19, 2023

Owning a brokerage isn’t what it used to be More and more aging broker-owners are considering retiring or moving on from real estate. Now it may mean taking over their debt and leases to get the owner out from under them. It can be perceived by the agents and staff as a money grab by the owner who is selling.

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Real Estate Brokerage Agents Business 400

Housing Wire

NOVEMBER 20, 2023

While reading about the $1.8 What we also know is that the average gross margin, the money that is retained by brokerage firms, is about 14% of gross commissions among all brokerage firms in the U.S., to set this claim — then it would equal about 124% of all the gross margin that all brokerage firms did in the last five years.

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Brokerage Real Estate Agent Agents Real Estate 378

Housing Wire

FEBRUARY 15, 2024

United Wholesale Mortgage (UWM) has accused California-based brokerage and correspondent lender Mortgage Solutions FCS, dba Client Direct Mortgage, of breaching its early payoff (EPO) provision and its owner, Ramon Walker, of trademark infringement. UWM filed a lawsuit in a U.S. district court in Michigan on Wednesday. UWM is the largest U.S.

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Mortgage Legal Advertising Loan Officers 333

Housing Wire

FEBRUARY 13, 2024

While most of that funding has been distributed, nearly 25% of it — about $224 million — remains, with an average award amount of roughly $25,000, according to an official tally maintained by the California Mortgage Relief program. “In A lack of awareness has been a persistent problem for the HAF program across multiple states.

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Property Taxes Mortgage Design Insurance 352

Housing Wire

SEPTEMBER 27, 2023

As global tensions have escalated in recent years so, too, have concerns in the United States about the ownership of real estate by people from other countries — especially those from adversary nations. Laws should also be clear on the role title insurance professionals play in facilitating transactions with foreign owners.

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Law Real Estate Legal Insurance 391

Housing Wire

NOVEMBER 3, 2023

Anywhere Real Estate partnered with agent-client collaboration platform RealScout to allow the company’s affiliated real estate agents and franchise owners “to engage, nurture, and convert clients at each stage of the real estate journey,” according to an announcement on Friday.

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Real Estate Real Estate Agent Valuation Agents 406

Housing Wire

DECEMBER 20, 2022

The Suns franchise was put up for sale by Sarver earlier this year after a tumultuous year for the current owner. Sarver was fined $10 million and suspended for one year following the NBA’s investigation into the owner’s workplace conduct — which stemmed from allegations of a culture of intolerance, harassment, discrimination.

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Advertising Mortgage Investing Marketing 370

Housing Wire

DECEMBER 27, 2023

In the nearly two months since a Missouri jury found the real estate industry liable for colluding to artificially inflate real estate agent commissions, Jason Posnick has fielded a lot of questions about commissions and cooperative compensation from clients. They actually seem more on the side of the real estate agents,” Posnick said. “It

Real Estate Agent 427

Real Estate Agent Real Estate Agents Clients 427

Housing Wire

SEPTEMBER 1, 2023

There are about 38,500 Airbnb listings in the New York City, not counting hotels that list on the platform, the report said. There are about 38,500 Airbnb listings in the New York City, not counting hotels that list on the platform, the report said. The city estimates there are about 10,800 illegal short-term rentals citywide.

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Legal Law Government Marketing 395

Housing Wire

OCTOBER 13, 2023

We were honored to represent the owners of DPP in Pasadena, Calif., A major point to make here is that so long as both parties are clear about their goals in trying to create a successful merger of interests, then the possibility remains for a great outcome. This remains the most active part of the market.

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Real Estate Brokerage Valuation Sellers 402

Housing Wire

APRIL 1, 2024

I had some concerns about where our focus was because it had shifted away from mortgages and more on aviation. Former NEXA Mortgage president Mat Grella has accused his partner at the firm, Mike Kortas, of making aircraft-related purchases with company money without his consent, resulting in his “abrupt” termination from the company.

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Brokerage Business Loan Officers Legal 395

Housing Wire

DECEMBER 4, 2023

Some of us talk about this system being like musical chairs because there’s only so many apartments that are ready to be moved into on any given day,” said Joli Angel Robinson, president and CEO of Housing Forward. That has been accomplished through the Housing Forward-led R.E.A.L

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Development Property Management Government Training 411