Housing Wire

NOVEMBER 29, 2023

In the ever-competitive real estate market, creating a consistent flow of real estate buyer leads is strategy for success. Snatching up first-time homebuyers is akin to striking gold — since developing a relationship with them can mean a loyal client for life. Of course, you can’t do everything — but consistency is important.

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Real Estate Buyers Tools Real Estate Agent 410

Appraisal Buzz

APRIL 6, 2022

Daren Blomquist of Auction.com explains how smaller-volume local buyers can better compete with institutional investors, whose capital and resources have historically given them the upper hand at in-person foreclosure auctions. The post How Remote Bidding Technology Empowers Local Community Developers appeared first on DSNews.

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Housing Wire

SEPTEMBER 7, 2023

But three multibillion-dollar class action antitrust lawsuits looming over the real estate industry may soon reshape how buyers interact with agents. You’ve got current economic conditions that are not opportunistic for a homebuyer right now, inflation is still out there and it’s all constraining buyers’ ability to spend. “You’ve

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Buyers Agents Loan Officers Real Estate 397

Housing Wire

SEPTEMBER 5, 2023

Find your audience Not every real estate transaction is the same because not all buyers and sellers are the same. Do you specialize in helping first-time buyers and sellers, or are you leaning towards working with real estate investors ? Here are 11 tips to make these workshops more effective. They cross-promote the event.

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Real Estate Sellers Buyers Clients 421

Housing Wire

APRIL 14, 2023

The benefits of homeownership only accrue if first-time buyers can both successfully purchase a home at a reasonable price and remain in it for the long-term, weathering various economic cycles. However, buyers are contending with rising interest rates , high home prices and constrained inventory. Mortgage Insurers.

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Finance Buyers Insurance Housing Market 370

Housing Wire

OCTOBER 20, 2022

A deeper dive into foreclosure buyer behavior shows which markets are most likely to see a home price correction in the next six months. Foreclosure auction buyers started bidding more conservatively in the second quarter of 2022, as measured by proprietary data from the Auction.com marketplace. Price Correction Risk by Region.

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Buyers Housing Market Marketing Investors 432

Housing Wire

APRIL 19, 2023

But the landscape is changing, and ADU buyers (and ADU builders and makers) are adapting to it. While many customers are interested in adding an ADU for full-time rental, most seem keen on developing a flexible space for personal use as private, detached quarters for visitors and a short-term rental when it’s convenient for them.

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Buyers Real Estate Construction Finance 384

Mortgagebroker News

MAY 6, 2024

Development placed into receivership

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Housing Wire

OCTOBER 15, 2020

“We still have vacancy and blight issues but they are not crippling as they were a decade ago,” said Ian Beniston, executive director at the Youngstown Neighborhood Development Corporation (YNDC), a nonprofit community development corporation in Youngstown, Ohio. When we began a decade ago there was much more blight.

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Buyers Development Renovations Retail 339

Housing Wire

MAY 14, 2024

We found that buyers stepping into the 2024 housing market have much to learn from previous shoppers,” the report stated. Even after navigating the climate of higher mortgage rates and a dearth of available listings, 82% of recent buyers had regrets about their purchase, Clever reported.

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Real Estate Agent Agents Real Estate Buyers 441

Housing Wire

APRIL 22, 2021

Kirk West, a broker for West and Woodall Real Estate in Durham, said the sheer number of buyers willing to purchase a house sight-unseen has stood out to him since the pandemic started. The post North Carolina’s low home prices luring buyers appeared first on HousingWire. “But this is a great place to live.

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Buyers Inventory Renovations Realty 432

Housing Wire

AUGUST 10, 2023

The share of distressed property auction buyers who say they are owner-occupants nearly doubled over the last year, boosted by a game-changing government policy that took effect last August. That was nearly double the 8% of buyers who described themselves as owner-occupants in a February 2022 Auction.com buyer survey.

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Renovations Buyers Development Insurance 370

Housing Wire

APRIL 9, 2024

Homebuilders are observing a rise in demand for homes that can accommodate natural aging from Gen X buyers. Gen X buyers are also more likely to have more financial means and control over their potential options, and are keeping access to necessary later-life services in mind when choosing where to live as they get older, the story explained.

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Buyers Construction Realtors Development 500

Lamacchia Realty

JULY 21, 2023

After spending over a year as a REALTOR with Lamacchia Realty, Chris Rochon has made the exciting jump to the Business Development team. Chris served buyers and sellers in the Greater Merrimack Valley area during his time as a REALTOR. He always loved working with people, getting to know the other REALTORS just as well as his clients.

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Development Business Realty Realtors 69

Housing Wire

OCTOBER 27, 2023

One of the most important roles we play at ALTA is strongly encouraging buyers to shop around for their title insurance company. Often the buyer asks the real estate agent or lender for a recommendation, but we always encourage buyers to explore their options. On the East Coast, the buyer typically pays.

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Insurance Real Estate Buyers Real Estate Agent 500

Housing Wire

MAY 10, 2021

There are about 30 new developments in the city right now, the [Susquehannah River] runs right through the middle of downtown — it’s becoming a cool place to live. And the conversations are different right now for buyers — you’re going to be competing for homes, and you have to bring your A-game and a really competitive offer.”

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Buyers Real Estate Agent Real Estate Inventory 327

Eppraisal

FEBRUARY 7, 2023

Whether you decide to hold it and sell when real property values climb or -- alternatively -- develop the lot to convey at a higher price, you are subject to forces of market, timing and competition. If the lot is zoned for commercial use, they do well to develop it as a retail space or other business, and later serving as the landlord.

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Development Sellers Legal Home Value 69

Housing Wire

MAY 3, 2024

The key difference between our business model and that of many of our peers is that our model incentivizes agents to help buyers and sellers reach their housing goals, while some other models have incentivized their agents to recruit other agents, many of whom are not productive.”

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Agents Real Estate Training Buyers 420

Housing Wire

JANUARY 8, 2024

Change is five years into its mission as a Community Development Financial Institution ( CDFI), a mission that has seen Change soar to become the nation’s largest non-QM lender. To the buyer of an $800,000 home putting down 20%, the mortgage savings would be roughly $500. JI: The short answers are innovation and education.

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Lending Development Investors Finance 430

Housing Wire

SEPTEMBER 26, 2023

Census Bureau and the Department of Housing and Urban Development ( HUD ). Homebuilders are still benefiting from very low inventory of existing homes for sale, which has driven more buyers to consider new construction,” Bright MLS Chief Economist Lisa Sturtevant said. In August, the sales pace of new homes fell 8.7%

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Inventory Buyers Construction Sellers 500

Appraisal Buzz

APRIL 23, 2024

Department of Housing and Urban Development. Rates moving above 7 percent, however, will move some home buyers to the sidelines as the spring progresses.” This will improve the cost of financing for land developers and home builders and enable more attainable housing supply.” compared with February and up 8.3% about an 8.3-month

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Mortgage Inventory Development Finance 369

Housing Wire

FEBRUARY 1, 2024

Judd and Aaron’s respective leadership is key as we continue on EasyKnock’s path to develop the first marketplace in the industry,” Jarred Kessler, CEO and founder of EasyKnock, said in a statement. In May 2023, the company gobbled up Ribbon , a power buyer firm.

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Technology Development Brokerage Design 410

Lamacchia Realty

MARCH 21, 2024

March 18, 2024 – The Wall Street Journal has quoted Anthony Lamacchia in their new article regarding the buyer commission lawsuit that the National Association of REALTORS® has been fighting over the last several months. Anthony emphasizes the importance of coaching REALTORS® so they can adjust to this change seamlessly.

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Development Realtors Government Buyers 61

Housing Wire

MAY 2, 2024

Leaders at Carson said in the release that they are excited to have access to William Raveis’ in-house mortgage bankers to help prequalify buyers and sellers, as well as the brokerage’s insurance experts to help their agents and clients navigate the home insurance market. “We We look forward to our partnership with Carson Realty (CR).

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Realty Insurance Brokerage Agents 412

Lamacchia Realty

MARCH 25, 2024

March 22, 2024 – The International Business Journal published an article highlighting Anthony Lamacchia and how he has come to the front lines to advocate for the real estate industry throughout the ongoing Buyer Commission lawsuit that the National Association of REALTORS® has been battling for months.

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Buyers Business Realtors Government 57

Housing Wire

FEBRUARY 26, 2024

On the demand side, buyers are wary of purchasing a condo since it has become less affordable. It’s causing buyers to rethink their plans.” The HOA either sells the building to a developer who will renovate it or, in most cases, to a redeveloper who will tear it down and replace it with another economically viable project.

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HOA Law Insurance New Listings 485

Housing Wire

MARCH 25, 2024

NAR’s settlement, which could go into effect as early as July, will eliminate the long-standing “Participation Rule” that requires listing agents to make an offer of cooperative compensation to buyers’ agents. Under the current system, the buyer agent’s commission is baked into the price paid for a home.

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Agents Real Estate Agent Real Estate Buyers 441

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 Luxury Real Estate is expanding its sell-side business, training buyer-side real estate agents on the necessary contracts and selling their value to the consumer.

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Brokerage Real Estate Realtors Real Estate Agent 421

Housing Wire

NOVEMBER 7, 2023

Mortgage professionals voiced their concerns of the potential ripple effects that might have on those cash-strapped buyers, depending on the results of the commission lawsuits. “It “But agent commissions have never been a closing cost from a buyer perspective. “VA loans are probably the best loans on the market.

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Agents Sellers Buyers Finance 458

Housing Wire

APRIL 2, 2024

The goal is to help them develop this territory and use this platform to attract talent – established loan officers, up and coming loan officers,” Steinway said in an interview with HousingWire. Steinway also expects NAF’s “expansive” product mix, such as NAF Cash , will help him achieve more production volume in a highly competitive market.

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Loan Officers Retail Finance Buyers 421

Housing Wire

JULY 17, 2023

This transformative technology has opened up a new world of possibilities, empowering agents and captivating potential buyers like never before. These immersive experiences enable prospective buyers to explore properties in three dimensions from the comfort of their homes.

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Real Estate Technology Business Real Estate Agent 365

Housing Wire

APRIL 10, 2024

This development arises amidst heightened scrutiny and legal challenges facing NAR , including a landmark antitrust settlement that, if approved, would mandate a payment of $418 million and the implementation of rule changes. to allow buyer agent compensation to be rolled into the loan. So why should agents have this requirement?”

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Real Estate Agent Real Estate Agents Legal 458

Housing Wire

NOVEMBER 9, 2023

It now allows listing brokers to offer buyer brokers $0 in compensation when listing a home in any of the 500 Realtor-affiliated MLS s across the U.S. This lack of focus on educational standards and professional development has raised valid concerns about the quality of service provided by some agents.

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Real Estate Agent Real Estate Agents Realtors 410

Housing Wire

APRIL 4, 2024

Department of Housing and Urban Development (HUD) on Thursday announced a new series of affordable housing grants totaling $13.5 The SHOP program provides a unique pathway for first-time homeowners to buy a home, with financial support from HUD and the help of volunteers, buyers contribute their sweat equity to make buying a home a reality.”

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Development Construction Investing Buyers 346

Housing Wire

OCTOBER 28, 2022

Buyers and sellers are spoiled for choice when it comes to finding an agent or lender, so the more you’re able to stay top of mind the more they will remember you when they need you. This panel will explore best practices to capitalize on the tremendous potential of having loyal followers including regulations you need to be aware of.

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Real Estate Agent Development Agents Real Estate 409

Housing Wire

OCTOBER 6, 2023

Like Anywhere Real Estate Friday morning, the terms of RE/MAX’s $55 million settlement with plaintiffs in two bombshell buyer commission lawsuits have been made public. The spokesperson added: “As industry leaders, we understand the value of transparency, clarity, and fully informed buyers and sellers.

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Agents Real Estate Buyers Brokerage 485

Lamacchia Realty

MARCH 22, 2024

March 20, 2024 – The buyer commission lawsuit affecting the National Association of REALTORS® has been making headlines for months, especially since NAR announced their proposed settlement on March 15th. In their new article, The Boston Globe dives into how this will affect consumers, particularly first-time home buyers.

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Buyers Realtors Government Realty 54