Housing Wire

MAY 25, 2023

Most real estate agents, builders and potential customers have no idea that this financing option exists to purchase homes,” he said. Few loan officers make the purchase product a main part of their business. There is an incredible opportunity for growth,” he said. Why is this market underserved?

Loan Officers 389

Loan Officers Real Estate Agent Real Estate Finance 389

Housing Wire

APRIL 12, 2023

Other challenges selected by mortgage professionals were relationships with real estate agents at 8.4%; competitiveness of rate sheet and underwriting problems at 5.8%; lender stability at 3.9%; competitiveness of product offerings at 1.9%. Lead generation ranked as the third biggest hurdle at 15.5%

Mortgage 334

Mortgage Marketing Loan Officers Real Estate Agent 334

Housing Wire

SEPTEMBER 7, 2023

For most real estate agents, working with a reliable lending partner is essential to a smooth and successful transaction. That partnership is everything,” Amy Breach, a Seattle-based Keller Williams agent, told HousingWire in late 2022. Attorneys, Realtors and clients are a big part of our repeat business.”

Buyers 388

Buyers Agents Loan Officers Real Estate 388

Housing Wire

MARCH 29, 2023

While lower cost of capital will likely bring buyers back in a meaningful way, the latest market instability and the Federal Reserve ’s federal funds rate hike will stress a lot of real estate agents, mortgage advisors and lenders to the core, said Daniel Arias, loan officer at We Fund LA , a division of New American Funding.

Mortgage 402

Mortgage Real Estate Agent Buyers Loan Officers 402

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. Work with a coach to map out your business.

Real Estate Agent 98

Real Estate Agent Real Estate Agents Realtors 98

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 464

Buyers Marketing Sellers Loan Officers 464

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. More and more, you’ll start to compete for buyer business in a similar way you do for listings now. Be a matchmaker.

Clients 394

Clients Buyers Real Estate Agent Real Estate 394

Housing Wire

MARCH 18, 2021

Real estate agents and LOs: the great collaboration. Technology has given consumers the power of choice and expedited the entire real estate purchasing process. The seven-year-old Offerpad – founded by the company’s present CEO Brian Bair – describes itself as a lean operation looking to accelerate growth.

Real Estate 423

Real Estate Real Estate Agent Loan Officers Technology 423

Housing Wire

DECEMBER 27, 2022

Temporary rate buydowns have become a popular concession, especially among homebuilders, in which one out of 10 loans feature a seller-paid buydown, said Peter Idziak, senior associate at Polunsky Beitel Green. Those trends are likely to continue in 2023. Or will soon.

Housing Market 513

Housing Market Marketing Real Estate Agent Real Estate 513

PennyMac

JULY 20, 2021

Whether you are buying or selling a home, your real estate agent will be your partner through one of the most significant transactions of your life. Finding the right agent should involve careful planning and research, but many of us just don’t know where to start. How long have you been working as a real estate agent?

Real Estate Agent 69

Real Estate Agent Real Estate Agents Sellers 69

Housing Wire

FEBRUARY 25, 2021

How 2020 exposed a greater need for collaboration between real estate agents and LOs. Technology has given consumers the power of choice and expedited the entire real estate purchasing process. In 2020, the business line accounted for the majority of the company’s revenue and expenses.

Real Estate Agent 376

Real Estate Agent Home Value Real Estate Loan Officers 376

Housing Wire

JUNE 24, 2021

Buyside helps real estate agents and loan officers engage homeowners with not just home value tools but also branded wealth optimization tips on their home’s equity so homeowners can now truly view their home as an asset. For more information, visit getbuyside.com or email sales@getbuyside.com.

Valuation 311

Valuation Real Estate Agent Real Estate Clients 311

Housing Wire

AUGUST 4, 2023

Achieving success as a real estate agent requires more than simply understanding the mechanics of the job. Here are 10 essential skills every real estate agent should possess. Here are 10 essential skills every real estate agent should possess. Another hat to place on your head?

Real Estate Agent 361

Real Estate Agent Real Estate Agents Clients 361

Housing Wire

APRIL 13, 2021

Rapidly accelerating home prices come with a variety of challenges for lenders and real estate agents, including one of the biggest pain points right now — the appraisal gap. Real estate agents and lenders are working together to try to get buyers into houses.

Housing Market 532

Housing Market Buyers Marketing Real Estate Agent 532

Housing Wire

MARCH 6, 2023

The combination of an economic uncertainty, high mortgage rates and persisting affordability challenges will further reduce purchase demand, which keeps Monson and thousands of loan officers up at night. In contrast to when rates were in the 3% levels and refis were easy business, LOs are now having to handle more challenging cases. “It

Loan Officers 378

Loan Officers Inventory Real Estate Agent Buyers 378

Housing Wire

MARCH 1, 2022

Later in 2020, eOriginal was acquired by Wolters Kluwer for $280 million in cash and continues to operate within the Wolters Kluwer Governance, Risk & Compliance business. In 1995 Clayton Christensen and Joseph Boyer published an article in the Harvard Business Review about disruptive innovation. Our economy deserves it.

Real Estate 348

Real Estate Brokerage Real Estate Agent Technology 348

Housing Wire

MARCH 24, 2021

Since UWM president and CEO Mat Ishbia appeared on Facebook Live on March 4 and announced that brokers could not work with Fairway and Rocket Mortgage and still do business with UWM, Fairway has seen a dramatic uptick in business, according to its CEO, Steve Jacobson. Real estate agents and LOs: the great collaboration.

Real Estate Agent 381

Real Estate Agent Retail Real Estate Design 381

Appraisal Buzz

MAY 17, 2021

Just because appraisers are busy does not mean anyone can relax their due diligence. As appraisers, we faced tremendous pressure from buyers, sellers, real estate agents, and loan officers during the previous run-up. Appraisers are overworked and are often taking on more than they can handle.

Appraisal 418

Appraisal Clients Real Estate Sellers 418

Housing Wire

DECEMBER 11, 2023

Despite rising housing unaffordability , we in the real estate business know that homeownership is still a fantastic way to build generational wealth. According to the CFPB, hundreds of loan officers at BofA failed to ask mortgage applicants demographic questions and falsely reported that they had chosen not to respond.”

Real Estate Agent 430

Real Estate Agent Real Estate Agents Lending 430

Housing Wire

APRIL 16, 2024

Take, for example, Miami-based proptech firm Realfinity , which aims to challenge the status quo with a new business venture. The company recently launched a mortgage brokerage firm that offers a plug-and-play program for real estate agents to become mortgage loan officers, a practice called dual licensing.

Real Estate Agent 432

Real Estate Agent Loan Officers Real Estate Agents 432

Housing Wire

JANUARY 13, 2021

Data analytics giant Black Knight unveiled a new self-service style platform aimed at correspondent lending that will allow lenders to manage conditions and validate pricing locks on Best Effort loans.

Mortgage 264

Mortgage Sellers Technology Real Estate Agent 264

Housing Wire

APRIL 14, 2022

A seasoned retail and commercial banking salesman in Fort Wayne, Indiana, the 39-year-old Woodward joined Interfirst Mortgage as a loan officer in October 2020 after a recommendation from an old college friend. “I had not done first mortgage lending before, but I was familiar with the basics of real estate lending.

Mortgage 519

Mortgage Marketing Retail Lending 519

Housing Wire

DECEMBER 28, 2023

In his 20 years in mortgage banking, no year has compared to 2023 in terms of difficulty, said Ben Cohen, Guaranteed Rate ’s managing director and a top-producing loan officer. It was another brutal year, pushing loan originators to work longer hours, close loans faster while diversifying their mortgage product offerings.

Business 418

Business Mortgage Loan Officers Inventory 418

Housing Wire

JANUARY 31, 2023

Rates are clearly not at a level where refinance businesses started up again. The inventory put a cap on how much business Marquis’ team can do, which is one of the reasons why Marquis is now licensed in 22 states. How has business been in the Boston market? Let’s say our business doubled during COVID.

Inventory 351

Inventory Marketing Business Buyers 351

Housing Wire

JULY 25, 2022

Local real estate agents, loan officers and appraisers from each city share what characteristics are currently defining their housing markets. It is just busy all year round, so it took some of the seasonality out of it. Rapid City, South Dakota. Rapid City, South Dakota. Coming in at Realtor.com’s No.

Housing Market 347

Housing Market Marketing Real Estate Real Estate Agent 347

McKissock

JANUARY 18, 2022

A skilled real estate agent can play a major role in guiding these fledgling property owners through the maze that is a real estate transaction. In an interview with Entrepreneur , property experts say that a real estate agent can make or break a home-buying experience. Answer Questions.

Real Estate Agent 96

Real Estate Agent Real Estate Agents Buyers 96

Housing Wire

MARCH 30, 2022

But for First American, its shrewd investments in rising proptech companies are a core business strategy. In general, I would say that venture investment in commercial real estate technology currently trails residential in terms of the number of companies funded and amount of capital invested. As of Sept.

Mortgage 354

Mortgage Real Estate Investing Technology 354

Housing Wire

OCTOBER 20, 2023

With its potential to reach new clients and gain tremendous ROI, social media has become one of the most effective marketing tools for businesses big and small. We’ve compiled this list of savvy real estate social media post ideas to inspire your social strategy and keep your Instagram feed fresh and fun.

Real Estate 374

Real Estate Agents Real Estate Agent Clients 374

Housing Wire

JULY 9, 2021

Still, the residential real estate ecosystem is complex, even opaque to many. So too does trust — usually manifested in the relationship between a buyer/seller and a real estate agent. In real estate, data is king. Technology plays a big role. Does your CRM hurt or help the customer experience?

Real Estate 442

Real Estate Business Valuation Technology 442

Housing Wire

SEPTEMBER 8, 2023

More than a few real estate agents have come to dread calling the closing company to find out when they can close. Loan officers dread having to email an appraisal firm for the report they’re waiting on. It’s the unending back-and-forth from business to business and the waiting.

Real Estate Agent 344

Real Estate Agent Real Estate Project Management Agents 344

PennyMac

OCTOBER 13, 2021

Marketing expert Bert Martinez has consulted with companies like Google and Remax, as well as thousands of small businesses. Here's why he thinks video marketing is essential for all real estate sales. Using videos is the fastest way a real estate agent can stand above their competitors.

Real Estate 41

Real Estate Marketing Real Estate Agent Agents 41

Housing Wire

JULY 25, 2023

My customer is the real estate agent. Loan officers — myself included — need to strengthen their mindset. HW: What do other LOs need to know to improve their business strategy? My team, we work hand in hand with real estate agents, showing them how to compete and win in a multiple offer situation.

Real Estate Agent 274

Real Estate Agent Mortgage Real Estate Training 274

Appraisal Today

SEPTEMBER 15, 2023

Appraisers are less likely this year to cite expanding regulations/interpretations of regulations, lender requirements, pressure from real estate agents/brokers, and liability concerns. From Dave Towne: Over the years, many appraisers have reported being blacklisted by real estate agents and even mortgage brokers.

Appraisal 83

Appraisal Real Estate Agent Contracts Real Estate 83

Housing Wire

MARCH 19, 2024

“There will be market reactions to this settlement, and it will create openings for other business models where we want the buyer represented, but the seller may not want to pay 3% for a buyer’s agent,” Broeksmit said on Tuesday morning during the MBA’s National Advocacy Conference in Washington, D.C. “One

Loan Officers 491

Loan Officers Real Estate Agent Real Estate Agents 491

Appraisal Today

OCTOBER 14, 2022

Lastly, many lenders have progressed beyond the initial risk identification stage, or the “gotcha stage” to a holistic and strategic approach that accepts risk into their business objectives. Appraisal Business Tips . I have been through several significant appraisal business downturns. To read more, click here.

Appraisal 52

Appraisal Insurance Real Estate Business 52

Assurance Financial

DECEMBER 20, 2021

If you have a good real estate agent and time your home sale optimally, you could get up to full or more than the asking price for your home. This seller’s market means you will have more power in selling your current home. Less Debt and More Savings. What Does Downsizing Mean for My Mortgage?

Mortgage 69

Mortgage Renovations Buyers Investing 69

Appraisal Today

AUGUST 13, 2023

Appraisal Business Tips Humor for Appraisers Fannie: Words and Phrases in Appraisals Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!! As appraisers we can learn a lot from this, both in terms of how to interpret our market and how we interpret our own businesses and careers.

Appraisal 75

Appraisal Contracts Real Estate Agent Mortgage 75