Housing Wire

FEBRUARY 10, 2023

Buyers seem like they can’t get a break,” Kechian said. “I I really think they had about three months last year where it was a buyers market in the fourth quarter. Literally, we’re right back to being a seller’s market again.” We’ve been advising them how to use it with the sellers.

Marketing 353

Marketing Inventory Loan Officers Buyers 353

Housing Wire

JANUARY 18, 2023

Builders feel more confident in the market, housing inventory data is positive and buyer demand for mortgages has increased — but don’t be fooled. Brown anticipates more consolidation in the industry on the mortgage production side, as “there’s less than one loan being done by a loan officer per month on average,” he said.

Housing Market 412

Housing Market Marketing Insurance Mortgage 412

Housing Wire

JANUARY 31, 2023

Lack of inventory is an issue builders and mortgage loan originators alike are dealing with across the nation. It’s also what keeps Andrew Marquis, regional vice president at CrossCountry Mortgage and Scotsman Guide ’s seventh top LO, up at night, especially as he sees more buyers entering the market.

Inventory 322

Inventory Marketing Business Buyers 322

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. We were having like 20 to 30 offers every time we had a listing on the market and the offers would come in from day one until the seller said enough is enough. Rapid City, South Dakota.

Housing Market 323

Housing Market Marketing Real Estate Real Estate Agent 323

Riverfront Appraisals

JULY 29, 2021

This entire year, I’ve been blogging once a month with the purpose of assisting loan officers to better understand the appraisal process. So far, we’ve covered communication with the appraiser, reconsiderations of value, FHA appraisals and a few other topics you should definitely go check out.

Reconsideration of Value 100

Reconsideration of Value Appraisal Appraisal Process Loan Officers 100

Housing Wire

DECEMBER 29, 2023

You have all these buyers that have been waiting for rates to come back and now they’re back and all this becomes really competitive again.” Strategies for 2024 I’m heavily focused on recruiting , improving technology and marketing, empowering the loan officers — by giving them the same technology and marketing support.

Mortgage 436

Mortgage Loan Officers Inventory Business 436

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 403

Business Mortgage Loan Officers Inventory 403

Housing Wire

APRIL 16, 2024

As the engines of the housing and mortgage markets continue to sputter due to higher interest rates and fewer buyers, industry innovators are looking for ways to get their company’s wheels off the ground. of the loan amount, with a $5,000 cap, which adds to the typical buyer-side agent commission of up to 3%.

Real Estate Agent 404

Real Estate Agent Loan Officers Real Estate Agents 404

McKissock

APRIL 20, 2021

Meet with/learn from service providers such as loan officers, title companies, attorneys, home warranty, and insurance companies. Refer buyers and sellers out to other agents locally and across the country. Work with a coach to map out your business. Join a real estate team that can handle administrative work.

Real Estate Agent 98

Real Estate Agent Real Estate Agents Realtors 98

Assurance Financial

APRIL 29, 2021

If you plan to buy a home or refinance an existing mortgage, you’ll likely encounter mortgage loan terms and definitions that may be unfamiliar — especially if you’re buying a house for the first time. Use the home loan glossary below to get familiar with terms and definitions that might be new to you.

Mortgage 69

Mortgage Insurance Sellers Inspection 69

Housing Wire

DECEMBER 11, 2023

We are definitely seeing an uptick in demand. The mortgage rate dip is welcome news for the housing market, but loan originators and industry executives emphasized that rates need to decline further and remain stable to reinvigorate buyers’ demand. Rates are too volatile for buyers to have that confidence, Oakes noted.

Mortgage 446

Mortgage Buyers Inventory Technology 446

Housing Wire

OCTOBER 20, 2023

Include this photo in a gallery that contains multiple high-quality photos of the listing; this will prevent interested buyers from having to spend time finding a link to view the home. Break down real estate lingo First-time homebuyers and sellers can easily become confused and overwhelmed by unfamiliar real estate terms.

Real Estate 347

Real Estate Agents Real Estate Agent Clients 347

PennyMac

APRIL 5, 2022

In short, it serves as proof to sellers that you’re a serious and reliable buyer. It proves that your finances, employment, and other pertinent information have been evaluated and that you’ve been qualified for a loan up to a certain amount. On the surface, some buyers may think that a pre-qualification should be enough.

Mortgage 36

Mortgage Sellers Finance Buyers 36

PennyMac

OCTOBER 13, 2021

So why not give [buyers] what they want: [To get an inside look without feeling guilty or obligated!] 360° virtual tours enable [prospective buyers] to get a better sense of the space and feel as if they're in the property itself. Invest in educating potential [buyers] digitally. 2) Step Up Your Marketing With Instagram.

Real Estate 41

Real Estate Marketing Real Estate Agent Agents 41

PennyMac

APRIL 18, 2022

Buyer builds equity in the home. Property taxes and HOA fees are the buyer’s responsibility. Buyer has full control over home improvements and upgrades. Buyer has full control over home improvements and upgrades. Buyer incurs any maintenance and repair cost. Pros and Cons of Buying a House.

Landlords 36

Landlords Property Taxes HOA Insurance 36

Will Springer Realtor

MARCH 30, 2021

In this seller-friendly market, sometimes dozens of buyers make bids on a single home. To receive such a letter, the lending company’s underwriter has already verified the buyer’s credit, income and assets (or “CIA”) to essentially guarantee the loan. They are definitely being earnest with a strong deposit amount.

Inspection 36

Inspection Sellers Buyers Real Estate 36

Appraisal Today

SEPTEMBER 15, 2023

To read more click here My comments: Definitely an appraisal challenge! == GSE FAQs: Appraiser Independence (AIR) (Aug. May a representative of the lender provide an appraisal management company a list or a panel of appraisers to use for loans involving a specified mortgage broker, real estate agent, or loan officer?

Appraisal 82

Appraisal Real Estate Agent Contracts Real Estate 82

Appraisal Today

OCTOBER 14, 2022

My comments: Definitely a Luxury Home! ==. I’m always looking for something new ;> Nearly Two-Thirds of Homebuyers and Sellers Are Hesitant to Move Somewhere With Climate Risk. Meanwhile, 15% of buyers and sellers said climate change caused them to search in a different part of their area. By McKissock.

Appraisal 52

Appraisal Insurance Real Estate Business 52

Clear Capital

SEPTEMBER 29, 2021

” Jeff’s Real Estate Joke of the Pod gives us a buyer’s-eye view of today’s real estate market. So it’s something that is definitely worth further investigation. I mean, like, total disaster of a listing that’s been sitting on the market for months in the midst of a very hot seller’s market.

Sellers 69

Sellers Agents Real Estate Buyers 69