Housing Wire

SEPTEMBER 28, 2023

FTC sued ICE earlier this year alleging the two top mortgage technology providers would drive up costs, reduce innovation and limit lenders’ choices for mortgage origination tools. There’s a little north of 100 [MSP clients] and we believe that 40 of those are not on Encompass today.

Technology 370

Technology Valuation Mortgage Development 370

Listing Spark

APRIL 17, 2024

By regularly assessing the digital (and analog) processes you use and considering the benefits new tools have to offer, you can strengthen your operations and remove costly inefficiencies. Even adding instant messaging tools can help you quickly reach out to your preferred specialists and get inspections or services scheduled immediately.

Tools 36

Tools Modernization Real Estate Real Estate Agent 36

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 427

Real Estate Sellers Technology Real Estate Agent 427

Housing Wire

JULY 28, 2021

Statistics show that anywhere from 88–90% of home buyers with an agent and use that agent as their go-to source for information. A beautifully designed website can be an amazing tool to drive demand and capture those all-important leads. However, the majority of home searches begin online. Plus, homebuyers are savvy, like really savvy.

Brokerage 545

Brokerage Real Estate Clients Agents 545

Housing Wire

MAY 10, 2022

These reports highlight the difference home buyers and potential home buyers have when embarking on the buying process. The report used real time listing data to show the limited housing inventory and the repercussions to home buyers. While it is well documented the homeownership gap by race in the U.S.,

Housing Market 416

Housing Market Realtors Buyers Inventory 416

Housing Wire

APRIL 8, 2021

When you’re trying to create a standout offer to buy a home, it’s important to consider the tools and tactics at a buyer’s disposal. When it comes to using this third negotiating tool, Bryher said appraisal gaps must be considered carefully. But, the buyer has to have the money ready in the situation that they do.

Inspection 437

Inspection Sellers Buyers Tools 437

Lamacchia Realty

FEBRUARY 21, 2024

SELLERS, HERE'S WHAT TO DO IF A BUYER REQUESTS REPAIRS AFTER INSPECTION Selling your home and moving into a new one can be an exciting life chapter. A common issue that sellers should be prepared for is a buyer requesting repairs after the home inspection. It’s no surprise that the buyer would rather have the seller cover the cost.

Inspection 64

Inspection Sellers Buyers Agents 64

Housing Wire

SEPTEMBER 5, 2023

What we’re trying to do at ICE is break down the various transactions where a borrower and a lender might interface and figure out how we can deliver a set of technology tools and solutions so that the borrower can get their loan — for purchase or refinance — as fast as possible with the least amount of cost.

Technology 347

Technology Mortgage Tools Insurance 347

Listing Spark

JUNE 13, 2024

Benefits of FSBO Cost Savings : Avoid the traditional 6% commission fee, often split between buyer and seller agents. Direct Interaction : Engaging directly with buyers can streamline communication and shorten the selling process. Buyers in this state are often looking for homes with modern updates and well-maintained properties.

Realtors 36

Realtors Open Houses Legal Real Estate Agent 36

Housing Wire

JUNE 2, 2022

Non-QM loans, unlike subprime loans, are underwritten to a higher credit, income and asset standards and involve a range of buyers beyond individuals with low credit scores. As a result, non-QM borrowers rely on alternative documentation such as bank statements and assets. Those really helped us replace a loss in mass volume.”

Lending 350

Lending Investors Mortgage Clients 350

Housing Wire

DECEMBER 9, 2021

We’ve experienced the important role technology can play in helping homeowners access the tools and solutions their mortgage servicer is offering. At Stavvy, we’ve experienced the important role technology can play in helping homeowners access the tools and solutions their mortgage servicer is offering.

Technology 337

Technology Legal Tools Clients 337

McKissock

OCTOBER 5, 2020

Most of these platforms sync with email and personal calendars to document all client interactions. Many online systems allow the agent to upload all necessary documents used in their MLS and paperwork to transaction-specific files. The post 4 Must-Have Tech Tools Every Agent Should Have appeared first on McKissock Learning.

Tools 103

Tools Agents Client Relationships Real Estate Agent 103

Housing Wire

FEBRUARY 24, 2021

HousingWire recently spoke with Propertybase CEO Vance Loiselle about real estate tech and how the past year has accelerated the need for digital collaboration tools across the entire customer journey. HW: How has the financial industry’s response to COVID accelerated the need for digital tools?

Real Estate Agent 286

Real Estate Agent Real Estate Agents Loan Officers 286

Housing Wire

MAY 10, 2021

The severe lack of inventory in today’s housing market has been a source of stress for home buyers and real estate agents alike. David Doctorow : We feel for home buyers and sellers. For buyers in today’s market, the severe lack of inventory adds another layer of frustration, FOMO (fear of missing out) and a sense of urgency.

Real Estate Agent 410

Real Estate Agent Real Estate Agents Marketing 410

Housing Wire

JANUARY 11, 2023

They’re collecting missing borrower/buyer information such as social security numbers via email, phone, text and then keying it into their production system. Some use their inbox as de facto storage for such information until the time is right to enter it into the proper documents. The continued struggle to collect and store data.

Agents 376

Agents Technology Insurance Business 376

Housing Wire

AUGUST 14, 2023

Technology applications within the residential real estate space are still burdened with unnecessary friction, preventing the average real estate agent from fully embracing these tools. According to a 2001 NAR survey , only 69% of buyers used the services of a real estate agent. Why was it such a game changer?

Real Estate 341

Real Estate Real Estate Agent Marketing Technology 341

Housing Wire

DECEMBER 4, 2023

Freddie Mac rolled out standardized subordinate lien documents for subordinate mortgages offered by down payment assistance (DPA) providers to facilitate easier and greater use of DPA program. Freddie Mac partnered with Fannie Mae and state HFAs to construct the standardized subordinate-lien documents.

Mortgage 395

Mortgage Tools Finance Construction 395

Housing Wire

NOVEMBER 18, 2022

This week, American Financing Corporation reduced employee headcount by almost two thirds and power buyer Homeward slashed 25% of its workforce as the companies faced headwinds. According to the power buyer, it recorded a revenue increase of five-fold year over year through February 2022. Presented by: ServiceLink.

Loan Officers 400

Loan Officers Modernization Finance Housing Market 400

Housing Wire

JANUARY 29, 2024

According to the National Association of Realtors® (NAR), 89% of buyers would recommend their real estate agent to others. You can then mention that at the end of working together, you’d be grateful if they could provide a helpful review you might share with other buyers or sellers who may be looking for an agent.

Real Estate 394

Real Estate Clients Real Estate Agent Agents 394

Housing Wire

MARCH 21, 2024

What they end up doing is having a selection of tools, but it’s highly fragmented. For us, it’s all about creating one streamlined experience for whatever that agent is doing with buyers or sellers. And the documentation is not even available for it. I think if you want to innovate, you need to be able to think long-term.

Real Estate 424

Real Estate Technology Agents Brokerage 424

Housing Wire

APRIL 1, 2021

Real estate transactions require coordination between lenders, title insurers, home buyers, title & escrow companies – the list goes on. Qualia has an additional product for lenders called Post , which automates both the digital and physical collection of closing documents from title companies.

Real Estate 336

Real Estate Real Estate Agent Clients Development 336

Housing Wire

DECEMBER 6, 2022

Even with the introduction of more digital tools to provide home buyers with a technology-enabled user experience, Spanish-speaking borrowers often encounter obstacles to homeownership during the lending process. Across the U.S.,

Lending 373

Lending Business Housing Market Mortgage 373

Housing Wire

JANUARY 2, 2024

A functioning mortgage marketplace would aggregate seller and buyer intentions along with those of lenders and the ancillary providers needed to complete the purchase transaction and finalize trailing documentation. Everyone wants an outcome that meets their needs. Everyone works together.

Mortgage 367

Mortgage Modernization Finance Supply Chain 367

D Fritz Appraisals

MAY 13, 2024

Whether selling a cozy condo in the heart of downtown or a sprawling estate in the countryside, having a checklist to sell a house is essential to organizing yourself, maximizing your home’s value, and appealing to potential buyers. Selling a home can be exciting and daunting, but with the proper guidance and preparation (i.e.

Real Estate 116

Real Estate Buyers Sellers Appraisal 116

AmeriMac

MAY 30, 2024

By utilizing comprehensive databases and technology tools, appraisers can gather the necessary information to form an accurate opinion of value for a property without setting foot on the premises. This allows them to price the property accurately and attract potential buyers.

Appraisal Process 36

Appraisal Process Appraisal Inspection Real Estate 36

Housing Wire

JUNE 14, 2023

Document management systems and automated prequalifying tools can streamline your processes and make them more efficient, potentially allowing you to get back to borrowers in hours, not weeks.

Technology 321

Technology Clients Business Mortgage 321

Realtor

OCTOBER 16, 2023

for first-time buyers is $12,274 (around 6%), in addition to $1,983 in closing costs. “Even the mortgage lenders with splashy apps and websites still may need a phone call, manual document collection, or other time-consuming steps,” says Zhang. “Many listing agents are requiring that, no matter the price range. .

Mortgage 190

Mortgage Real Estate Agent Real Estate Buyers 190

Listing Spark

JUNE 13, 2024

Direct Negotiation: Communicate directly with potential buyers for quicker feedback and flexible terms. Direct Negotiation Another advantage of selling FSBO is the ability to negotiate directly with potential buyers. Buyer Interaction: Communicate directly with buyers to understand their needs and motivations.

Legal 36

Legal Real Estate Buyers Contracts 36

Home Junction

JUNE 17, 2020

A geocode API tool can add an important new dimension to an agent’s website that can be critical when home prices in local marketplaces are at all time highs. That helps buyers justify paying more, when the effect on their monthly loan payments are still reasonable. A great source of jobs for any new home buyer.

Tools 36

Tools Agents Buyers Transportation 36

GoForrmz

SEPTEMBER 1, 2021

Digital and online forms are valuable tools for the real estate industry. For example, real estate processes require various forms to be filled out and signed by purchasers, buyers, and lenders. Signature fields can be made Required upon completion, ensuring all forms are properly filled out prior to submission.

Tenants 167

Tenants Real Estate Modernization Real Estate Agent 167

McKissock

SEPTEMBER 6, 2021

If you are the buyer’s agent, you need to be easily accessible by phone and quickly return their calls. First-time home buyers often feel uneasy and don’t know how often they should call their agent. Many buyers don’t understand the procedures for submission of offers. Types of communication problems.

Real Estate 77

Real Estate Real Estate Agent Sellers Inspection 77

Listing Spark

APRIL 22, 2024

In the fiercely competitive world of real estate investment, picking the right tools can be the difference between profit and losing money on a property. This category of tools goes beyond general accounting and document management apps. Technology is changing traditional property investment, and it’s worth exploring.

Real Estate 36

Real Estate Investors Tools Investing 36

Listing Spark

JUNE 6, 2024

You set the price, decide how to market your home, and negotiate directly with buyers. You can highlight unique features, answer buyer questions promptly, and provide insights that only someone who has lived in the home can offer. Limited Exposure: Without an agent’s vast network, your home may not reach as many potential buyers.

Real Estate Agent 36

Real Estate Agent Legal Real Estate Agents 36

McKissock

AUGUST 24, 2022

You no longer need to rush back to the office to scan important documents. With CamScanner, you can use your phone camera to scan anything and convert the document to a PDF format. Then you can apply smart cropping and auto enhancing to make the documents look ultra-clear. CamScanner is free at Google Play and iTunes.

Real Estate Agent 58

Real Estate Agent Real Estate Technology Agents 58

Listing Spark

FEBRUARY 27, 2024

A hefty 69% of that is for real estate commission fees alone, as the seller is traditionally responsible for paying the buyer’s agent (3%) and your agent (3%). FSBO listing services are a valuable tool for sellers. Online tools provide an objective, well-researched recommendation for this critical detail.

Agents 36

Agents Tools Open Houses Sellers 36

Housing Wire

MARCH 31, 2022

There is definitely a learning curve with non-QM: the products, the underwriting and documentation requirements (for example, bank statements vs. W-2s for income) are all different. BH: Bank Statement programs are by far the most popular, and they are expected to become an even more important tool as self-employment and the gig economy grow.

Marketing 331

Marketing Investors Technology Loan Officers 331

Raleigh Realty

MARCH 23, 2021

Buyers want to work with the best local Realtors® to help them when buying a home because it is such a large financial purchase with so many different components involved. It's important to reverse engineer the sales process as a seller as you will want to understand who your target buyer is and that is likely someone working with a Realtor.

Real Estate Agent 133

Real Estate Agent Real Estate Realtors Contracts 133