Housing Wire

OCTOBER 16, 2023

Here are the following strategies agents can use to guide first-time homebuyers toward achieving this monumental step. Editor’s note: There are conventional mortgage options with down payments as low as 3% and government-insured loans with a low- or no-down-payment requirement.) I’ll explain later.)

Agents 383

Agents Buyers Sellers Inventory 383

Housing Wire

APRIL 22, 2024

To convert these leads into business, the brokerage developed teams — also called units — headed by captains who are successful agents with high lead conversion rates. Djon said these leaders are “at the top,“ with the ability to recruit other agents and override what the unit does, which is a way to retain these top-performing employees.

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Brokerage Real Estate Realtors Real Estate Agent 328

Housing Wire

MAY 3, 2024

Earlier this week, Zillow launched a new “touring agreement,” a nonexclusive contract for buyers and agents to use for home tours. This agreement must be signed prior to an agent taking a buyer to tour a home. According to Laura M.

Legal 295

Legal Realtors Law Real Estate 295

Housing Wire

NOVEMBER 9, 2023

Redwood Trust and home equity fintech lender Point have closed on a $139 million bond secured by 1,577 home equity investment (HEI) contracts. was the sole-structuring agent for the issuance. Point closed on its first bond issuance rated by DBRS Morningstar on Oct. Nomura Securities International Inc.

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Investing Finance Contracts Insurance 359

Housing Wire

FEBRUARY 20, 2024

“And it blew up so much that states like Massachusetts … are seeking to pass right-to-inspect laws, which is going to make it hard to get that inspection contingency out of the contract,” he said. And I’ll tell the insurance carrier, ‘You’ve got to pay this one.’” Binney said. Gromicko added. “‘I’m

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Inspection Real Estate Agent Real Estate Insurance 383

The Robert Weiler Company

JANUARY 2, 2021

Are you familiar with a land contract in Ohio, as well as the state-specific requirements? What is a land contract in Ohio, really? Essentially, a land contract is an alternative financing option if you’re investing in: Farmland or raw land. So, what is a land contract agreement, and how does it work? A home or condo.

Contracts 143

Contracts Tenants Legal Sellers 143

Movoto

APRIL 8, 2024

This is a legally binding agreement between the buyer and seller that helps ensure the sale will be completed according to the contract’s outlined conditions. Real estate purchase contracts come into play to protect both parties and move the sale forward, helping prevent either party from wasting the other’s time and money.

Contracts 36

Contracts Real Estate Property Taxes Legal 36

Empire Appraisal Group

JUNE 24, 2021

Insurer Growing as 3 Private Insurers Cancel Policies. Insurer Growing as 3 Private Insurers Cancel Policies | Florida Realtors. As another hurricane season bears down on the state, more than 50,000 Florida home insurance customers will soon receive notices that their policies have been canceled or won’t be renewed.

Insurance 78

Insurance Legal Agents Contracts 78

Housing Wire

NOVEMBER 29, 2021

The process for reviewing pre-closing title data and documents is currently not standardized, meaning that it can differ from brokerage to brokerage or even agent to agent. These documents are required nationwide and title and real estate agents have access to standard templates from ALTA.

Insurance 303

Insurance Real Estate Agent Brokerage Agents 303

Housing Wire

DECEMBER 6, 2021

In the next five-to-10 years, Doma CEO Max Simkoff wants to make it possible for a homebuyer to sign a contract on their new home on a Friday evening and move in on a Monday morning. As title insurers our business practices and our regulatory oversight are different in every single state,” Stone said. “So

Modernization 380

Modernization Real Estate Agent Insurance Real Estate 380

Housing Wire

DECEMBER 8, 2023

Are you looking to get licensed as a real estate agent in Arizona? Prospective Arizona real estate agents must fulfill a 90-hour prelicensing program from an Arizona Department of Real Estate (ADRE)-approved school and pass a six-hour contract writing course , for a total of 96 class hours. out of 5 stars Rating: 4.5 out of 5.

Real Estate 320

Real Estate Contracts Law Real Estate Agent 320

Housing Wire

OCTOBER 25, 2022

of transactions had issues leading to wire and title fraud risk at closing and 5% of transactions were not registered or valid in title insurer systems at time of closing. With the contraction in market transaction volumes, the impact is that much more severe for lenders.

Insurance 310

Insurance Clients Agents Tools 310

Housing Wire

MARCH 28, 2024

In fact, if you were to describe the home-buying experience solely upon the things we see in advertisements, the home-buying process would end with the sales contract, and all parties would merrily proceed directly to the handing over of the keys. There’s an entire industry built upon the “what’s next” in question.

HOA 408

HOA Property Management Real Estate Agent Technology 408

Housing Wire

JANUARY 25, 2023

The program includes provisions for “improved” pricing for nontraditional credit loans, a title insurance credit applicable to certain properties and will remove the requirement for area median incomes, according to a statement from Guaranteed Rate. Its total loan volume amounted to $116 billion in 2021.

Buyers 367

Buyers Contracts Insurance Mortgage 367

Housing Wire

NOVEMBER 7, 2023

Though this seems like a whole new stress-inducing worry for many real estate agents , the fact is that commissions have never been a set amount, just an expectation or a tradition in many markets. One of the top concerns for homebuyers as well as agents right now is the historic lack of inventory. Find them their dream home.

Clients 362

Clients Buyers Real Estate Agent Real Estate 362

Housing Wire

MARCH 14, 2022

As the principal broker for a RE/MAX franchise in coastal Cannon Beach, Oregon, Alaina Giguiere’s typical responsibilities include marketing homes for sellers, touring homes with buyers, generating new business leads, managing client relationships, and drafting and reviewing contracts with buyers and sellers.

Real Estate 396

Real Estate Insurance Law Real Estate Agent 396

Housing Wire

APRIL 13, 2022

Michele Buschman, chief information officer at American Pacific Mortgage , said that hackers will insert themselves within a mortgage transaction and pretend to either be a real estate agent, a title escrow company, or the LO, and send an email asking the borrower for a wire transfer, or will send them a link that needs to be clicked on.

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Real Estate Agent Mortgage Real Estate Agents 425

Housing Wire

NOVEMBER 22, 2023

In fact, if you were to describe the home buying experience solely upon the things we see in advertisements, the process would end with the sales contract and all parties would merrily proceed directly to the handing over of the keys. There’s an entire industry built upon the “What’s next?” in question. But there’s also room for improvement.

HOA 395

HOA Real Estate Agent Technology Real Estate 395

Realtor

MAY 17, 2023

While it’s certainly true that you can let go of the anxiety of needing to show your home at any moment, you still need to cooperate with your buyer, the buyer’s agent, and the commitments made in the contract. Once the contract has been signed, a seller can’t renegotiate the price higher.

Sellers 142

Sellers Inspection Contracts Property Taxes 142

Housing Wire

APRIL 9, 2021

. “We’re giving them an offer to unlock their equity and move forward to make an offer on their next home,” Ryan Raveis, co-president of William Raveis Real Estate, Mortgage & Insurance (WRRE) , said in an interview with HousingWire. “And then we have our agent commission.”

Brokerage 400

Brokerage Real Estate Clients Insurance 400

Housing Wire

DECEMBER 6, 2023

Address other important items, including relevant contact information for support professionals, such as legal counsel, insurance providers and emergency services. Many difficult situations involve legal and regulatory compliance in contract disputes, zoning violations, or tenant rights. Even better?

Real Estate 383

Real Estate Legal Tenants Clients 383

Realtor

NOVEMBER 1, 2023

Here’s a brief look at the VA loan process to help both veteran homebuyers and their real estate agents better navigate how to cross the finish line. It also shows home sellers and listing agents that you’re a strong home-buying candidate. Getting under contract Signing a contract to purchase a home comes next.

Real Estate Agent 127

Real Estate Agent Contracts Finance Real Estate 127

Housing Wire

JULY 20, 2023

real estate teams and individual agents as clients for their accounting and bookkeeping services. Small teams lead in retained gross margin The smaller the team; the higher the retained Gross Margin (GM) — what the team had after paying their internal agents. Whether it be in accounting, marketing, occupancy, insurance, etc.,

Real Estate 257

Real Estate Brokerage Agents Business 257

Housing Wire

APRIL 17, 2023

It is keeping the pressure on buyers to shop wisely,” Kent Redding, a local Berkshire Hathaway Home Services agent, said. For agents and sellers looking to succeed in Austin’s current market, Redding says pricing is key. “We We are still seeing properties going under contract quickly, so long as they are priced properly,” he said.

Housing Market 344

Housing Market Marketing Inventory Buyers 344

Housing Wire

APRIL 18, 2023

Radian’s innovative platform walks the borrower through the closing process step-by-step, from contract to keys. These tools streamline title services and allow both lenders and their agents to manage the closing date, receive updates, securely access documents and understand what is needed for closing day.

Tools 285

Tools Sellers Technology Loan Officers 285

Listing Spark

FEBRUARY 6, 2023

Episode Summary In this episode, Aaron Jistel (Broker and Co-Founder at ListingSpark) focuses on how recent changes to Texas Real Estate Commission’s contracts and documents may affect home sellers and buyers. “It is important to get that notice out up front, and this contract is now going to make that a little bit more clear.

Contracts 36

Contracts Real Estate Sellers Buyers 36

Appraisal Buzz

AUGUST 16, 2021

In other words, why are appraiser estimating market value below the contract price so often? My answer to this question came through an unlikely source…a listing agent attempting to convince me that I should appraise a property for the purchase price. Think in terms of insurance. Herein lies the appraisal gap.

Market Value 448

Market Value Buyers Appraisal Sellers 448

Housing Wire

SEPTEMBER 21, 2023

How are agents and brokers using tech today: Is it all about the disparate products? We did a study with T360 recently, just looking at the agent experience and we came back with about 20 different point solutions that an agent has to use just to perform their duties in representing a buyer or seller of a home.

Technology 352

Technology Real Estate Agents Design 352

Housing Wire

MARCH 29, 2023

After all, title insurance is only issued after the public records are thoroughly scrutinized. But now, more than ever, title agents should be mindful of the axiom, especially when it comes to decision-making and budget cuts. We’ve already seen a few examples of what cyber attacks and malware can do to affect businesses.

Training 296

Training Business Technology Insurance 296

McKissock

APRIL 20, 2021

Becoming a real estate agent requires a giant leap of faith and an investment of time and money. That’s why some agents may choose to test the waters with a part-time real estate position while hanging onto a steady income from another job. FREE Guide : Learn how to earn more with our Real Estate Agent Income Guide.

Real Estate Agent 98

Real Estate Agent Real Estate Agents Realtors 98

Housing Wire

AUGUST 23, 2023

” Better is partnering with other businesses to offer services such as homeowner’s insurance and to provide access to a network of real estate agents, rather than offering these products and services directly to borrowers. When we had agents, we were not large enough to provide the consumer full coverage [geographically].

Realtors 350

Realtors Technology Insurance Mortgage 350

Realtor

OCTOBER 29, 2020

Most purchase agreements have contingencies —things that buyers must do before the real estate transaction is official, explains Jimmy Branham , a Coral Springs, FL, real estate agent at the Keyes Company. You have a specified time period, as stated in the sales contract, during which you have to obtain a loan that will cover the mortgage.

Buyers 208

Buyers Inspection Contracts Real Estate Agent 208

Empire Appraisal Group

JULY 1, 2021

5 Appraisal Topics Every Agent Should Know. Source: 5 Appraisal Topics Every Agent Should Know | Realtor Magazine. It’s imperative that agents not only understand the fundamentals of the appraisal system but also follow the best practices for communicating with appraisers, especially while navigating today’s market.

Agents 78

Agents Appraisal Real Estate Realtors 78

Housing Wire

DECEMBER 27, 2023

With its four largest firms all at least 100 years old, the title insurance industry has a bit of a reputation for being antiquated and technology averse. “I For example, when a title company receives a Purchase & Sale contract via email, AI can help grab key information and queue up a transaction with pre-populated data for review.”

Technology 401

Technology Business Insurance Development 401

Housing Wire

DECEMBER 21, 2023

Benefits can include: No down payment Competitive interest rates No private mortgage insurance (PMI) Limited or no closing costs Funding fee waived for service-connected disabled veterans More favorable credit criteria Loan types There are a number of VA loan options to meet the needs of today’s veteran buyers, including purchase and refinance.

Mortgage 426

Mortgage Renovations Appraisal Process Finance 426

Realtor

OCTOBER 16, 2023

It’s very important for first-timers to do research and understand all their options before they start looking for a home,” says Cara Ameer , a real estate agent with Coldwell Banker who is licensed in California and Florida. “Many listing agents are requiring that, no matter the price range.

Mortgage 190

Mortgage Real Estate Agent Real Estate Buyers 190

Berkshire Hathaway

APRIL 28, 2022

While we agree with you on the first statement, the selling of a home is always best left to a professional real estate agent, for so many reasons! According to a NAR study , For Sale By Owner homes sold at a median of $260,000 in 2021, while agent sold homes were at a median of $318,000, a difference of $58,000.

Real Estate Agent 67

Real Estate Agent Advertising Insurance Real Estate 67