Housing Wire

FEBRUARY 23, 2024

Real estate professionals handle a plethora of personal data from buyers and sellers, making them enticing targets for cyber threats. Real estate agents, in particular, deal with extensive personal details during transactions, ranging from financial records to identification documents.

Real Estate 437

Real Estate Real Estate Agent Training Tools 437

Housing Wire

MAY 14, 2024

Last month, Clever surveyed a total of 920 Americans about their views of the home purchase process and real estate agents. More than 80% of recent buyers asked for at least one seller concession. The survey also delved into the use of real estate agents. Nearly 30% of recent buyers were not represented by an agent.

Real Estate Agent 415

Real Estate Agent Agents Real Estate Buyers 415

Housing Wire

AUGUST 3, 2023

Too many real estate agents are watching artificial intelligence (AI) from the sidelines, assuming technology will never replace them. They repeat the mantra “Home buyers and sellers will always need a real estate agent.” So how can real estate agents be so cavalier about their job?

Real Estate Agent 370

Real Estate Agent Real Estate Agents Tools 370

Housing Wire

JANUARY 19, 2021

I saw a social media post recently by our local ‘mega-agent’ entitled: “Breaking News: Individual Real Estate agents added to Endangered Professions List!”. This post compares the individual real estate agent to “a tennis player using a wooden racket” or “a football player with a leather helmet.” The individual agent.

Real Estate Agent 446

Real Estate Agent Real Estate Agents Clients 446

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 383

Brokerage Real Estate Agent Real Estate Clients 383

Housing Wire

MARCH 18, 2024

In the 24 hours after news broke of the National Association of Realtors’ (NAR) settlement agreement in the commission lawsuits , Doug Danzey, the leader of the eXp Realty -brokered teamerage The Cobalt Group , said the most pervasive emotion among his agents has been panic. “I

Brokerage 417

Brokerage Real Estate Agents Sellers 417

Housing Wire

OCTOBER 3, 2023

It seems a small share of the agent population even knows about this issue, and even fewer can loosely tell you what the potential outcomes are. Meaning, they were counting on buyer agent compensation to pay their bills. How, then, will a buyer agent get paid? This falls into the category of “things that make you go hmmm.”

Agents 407

Agents Buyers Training Law 407

Housing Wire

OCTOBER 25, 2023

Ketchmark said that franchisees being members of their local Realtor associations and MLSs meant that they and their agents agreed to follow the bylaws of the Realtor associations. In response, Blefari said that HomeServices does not require agents to become NAR members nor participate in the MLS. I was a successful agent.

Sellers 417

Sellers Realtors Agents Buyers 417

Housing Wire

OCTOBER 23, 2023

During her deposition, Warner agreed that HomeServices’ franchise agreements stipulate that the independent contractors need to abide by the NAR Code of Ethics, but that agents don’t necessarily have to belong to NAR. Warner claimed that Blefari’s statements were not a rule for agents to follow, but an example of what Blefari would do.

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Law Agents Realtors Contracts 427

Housing Wire

JANUARY 4, 2024

Brokers turn to robust agent training According to our survey, brokerage leaders aren’t sitting around waiting for change to occur. They are boosting their agent training programs to provide more transparency around compensation and how to have those discussions with buyers and sellers.

Brokerage 417

Brokerage Real Estate Training Buyers 417

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. Hunt is just one among thousands of agents who has ventured into the field of real estate during the COVID-19 pandemic.

Agents 383

Agents Real Estate Agent Real Estate Clients 383

Housing Wire

SEPTEMBER 28, 2023

Our market is popular with out-of-state buyers and agents relocating from other states. Aligning with RE/MAX gives us the best of both worlds – an international brand with local roots.” “It’s very difficult to be an unaffiliated brokerage right now and compete with franchises who offer technology and training.

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Brokerage Technology Agents Training 406

Housing Wire

APRIL 22, 2024

Access to a hyper-local agent is more important now than ever. 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. Better yet, get permission from the listing agent to do a mailer around their sold listing, if possible.

Real Estate 435

Real Estate Open Houses Brokerage Real Estate Agent 435

Housing Wire

OCTOBER 18, 2023

According to Ketchmark, the home sellers paid an average of $6,700 to the buyer’s agent in the transactions, adding up to $1.78 Ketchmark also brought up Keller’s book “The Millionaire Real Estate Agent,” which discusses the ‘co-opetition’ model that has evolved among rival brokerages. billion in damages.

Agents 427

Agents Training Real Estate Real Estate Agent 427

Housing Wire

JANUARY 31, 2024

After months of plaintiffs’ lawyers in commission lawsuits claiming that the National Association of Realtors sets real estate agent commissions, the trade group finally decided to, in its words, “set the record straight.” The internet can be a tool, but it is not a replacement for the essential services agents who are Realtors provide.

Real Estate Agent 462

Real Estate Agent Real Estate Realtors Agents 462

Housing Wire

OCTOBER 16, 2023

At the crux of the case is the allegation that commission rates are too high, it’s unfair that the seller pays the buyer’s agent’s commission, and that the National Association of Realtors’ (NAR) Code of Conduct and MLS Handbook lead to set pricing. ” What’s at stake?

Buyers 454

Buyers Brokerage Agents Realtors 454

Housing Wire

OCTOBER 17, 2023

In agent training videos, Blefari said he pre-writes a 6% commission into all his listing agreements and that he only negotiates commissions if they go up. “I I was showing them [agents] what I did so they can learn from that,” Blefari said in his video deposition, according to Inman. “The

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Sellers Agents Buyers Realtors 407

Housing Wire

FEBRUARY 6, 2024

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. Even as the housing market slowed in 2022 and 2023, the fraudulent activity of bad actors did not let up.

Real Estate Agent 427

Real Estate Agent Real Estate Sellers Buyers 427

Housing Wire

FEBRUARY 8, 2023

“ The company said the goal is to cut down on the “friction” that can be experienced by buyers, sellers, agents and LOs during the housing transaction process. Far too many agents, teams, and brokerages have been forfeiting mortgage commissions because there has not been an easy path to mortgage brokerage ownership.

Brokerage 370

Brokerage Mortgage Training Lending 370

Housing Wire

AUGUST 21, 2020

Although many in the real estate industry say that San Franciscans are relocating to places more inland , some Century 21 agents in the San Francisco and Bay Area beg to differ. Based on the agents that we have and the escrows that we have, [the market] is still going strong, despite the news and negativity we hear about the exodus.”

Agents 469

Agents Real Estate Inventory Buyers 469

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. The actual professionals who many states call “brokers,” however, are called “managing brokers” in Illinois.

Real Estate Agent 417

Real Estate Agent Real Estate Agents Brokerage 417

Housing Wire

FEBRUARY 28, 2021

Real estate brokers need to be able to target these clients effectively, so they can close deals quickly. Many real estate professionals discount the seller lead. But real estate seller leads are important because they represent commodities for brokers. By using this data, Buyside helps brokers generate and capture seller leads.

Real Estate 417

Real Estate Brokerage Valuation Clients 417

Housing Wire

MARCH 5, 2024

Raunaq Singh wanted to capitalize on that opportunity and founded Roam , a platform that helps buyers and sellers with the assumption process. Roam acts as a facilitator, synchronizing all stakeholders involved in the assumption process, including real estate, title and escrow agents, attorneys, and the buyer and seller themselves.

Mortgage 437

Mortgage Buyers Agents Real Estate Agent 437

Housing Wire

JANUARY 17, 2024

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. Recently, Interested Party Contributions (or seller concessions) have been allowed with HECM for Purchase loans.

Finance 454

Finance Real Estate Agent Real Estate Insurance 454

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 469

Buyers Marketing Sellers Loan Officers 469

Lamacchia Realty

DECEMBER 18, 2023

AGENT VS. REALTOR: WHY THE DIFFERENCE MATTERS Often, we hear the terms “real estate agent” and “REALTOR ®” being used synonymously. To the everyday buyer and seller , they may not think there is much of a difference between the two. States, Guam, Puerto Rico, and the Virgin Islands.

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Realtors Agents Real Estate Agent Real Estate 68

Housing Wire

FEBRUARY 20, 2024

The legislation generally prohibits a residential home seller from (1) conditioning the sale on the potential buyer waiving or limiting an inspection; or (2) accepting an offer if they have been informed in advance that the prospective buyer intends to waive their right to an inspection,” the Connecticut research report states. and Canada.

Inspection 407

Inspection Real Estate Agent Real Estate Insurance 407

Lamacchia Realty

FEBRUARY 9, 2023

The Award for Most Acquired Clients goes to the REALTOR who signed up the most buyers and/or sellers in the company during a given year. Cyndi achieved this feat by signing up an astounding 83 clients in 2022! Plus, she was made the Boston Agent Magazine’s Who’s Who list and was an Emerald Level Top Producer through RACM.

Clients 73

Clients Realtors Training Realty 73

Housing Wire

MARCH 21, 2024

The H4P factor HECM for Purchase is a largely underutilized variation of the HECM product, but after the FHA announced a seller credit for the program late last year — to the delight of many reverse mortgage professionals — LOs in different areas of the country are keeping an eye on it as a path toward growth.

Retail 427

Retail Mortgage Real Estate Agent Business 427

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. Agents are sloppy with photos and data.”. For non-appraisers, the greatest challenge was lack of inventory , with 66% of respondents selecting this response.

Appraisal 395

Appraisal Real Estate Agent Valuation Training 395

Housing Wire

DECEMBER 3, 2020

Home Swap is offered exclusively through local real estate professionals who have been trained as Knock Certified Agents. “Our nearly 1,400 Signature agents are buying into the Knock Home Swap, because it’s consistent with our own historic white-glove, concierge customer service.”. “The

Marketing 407

Marketing Real Estate Tools Training 407

Housing Wire

OCTOBER 20, 2020

Home Swap is offered exclusively through local real estate professionals who have been trained as Knock Certified Agents. Our agents are telling us that if it weren’t for the Home Swap, many of their clients would not consider making a move.”.

Marketing 446

Marketing Realty Agents Training 446

Housing Wire

NOVEMBER 3, 2023

But, there are steps that both brokers and agents can take to minimize the damage of a worst-case scenario. billion in commissions they paid to buyers’ agents in the past eight years. billion in commissions they paid to buyers’ agents in the past eight years. Will they still use a buyers’ agent to find a house?

Real Estate 321

Real Estate Brokerage Buyers Property Management 321

Birmingham Appraisal

FEBRUARY 20, 2024

Appraiser and Agent Collaboration is a Good Thing The importance of collaboration between real estate agents and appraisers can be a touchy subject. On one hand, the real estate agent’s main goal is to advocate for their client while the appraiser must be an impartial and non-biased third party.

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Agents Appraisal Real Estate Agent Bracketing 86

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.

Real Estate 446

Real Estate Sellers Technology Real Estate Agent 446

Housing Wire

APRIL 29, 2022

But Redfin’s model of employing agents arguably made it vulnerable to a Fair Housing Act allegation. That’s because the company could potentially be held liable when Redfin managers direct employee agents to set price thresholds for what clients to serve.

Real Estate 383

Real Estate Agents Brokerage Advertising 383

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 training ,? systems , and? technology ? technology ?along

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Clients Realty Realtors Sellers 70