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Opinion: Local MLS broker marketplaces, rules equitably advance American homeownership

Housing Wire

Class action attorneys allege real estate commission rates are too high and buyer brokers are being paid too much due to NAR rules. Listing brokers make offers of compensation to buyer brokers who bring a buyer to the table. And if those same consumers had to go it alone without buyer representation?

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How Reverse for Purchase can help baby boomer borrowers

Housing Wire

Longbridge Financial, LLC, (NMLS #957935) believes that the answer to this dilemma is the HECM/Reverse for Purchase financing option. Most real estate agents, builders and potential customers have no idea that this financing option exists to purchase homes,” he said. Why is this market underserved?

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Best Technology for Real Estate Agents

McKissock

To answer that question, we connected with some seasoned pros and asked them to help us identify the best technology for real estate agents. Because we have so many clients, listings, and tasks to handle, my team of agents and I rely on Trello. What do you think is the best technology for real estate agents?

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Pros and cons of buying out-of-state rental property in 2022

Housing Wire

Not everyone can afford to invest in rental property in the area they live in. In some regions, housing prices are so high that it may be difficult to add to your real estate portfolio. Fortunately, there’s a simple way around it – investing in out-of-state rental property. Proximity to Amenities.

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Real Estate Sales Agreements: Understanding Your Contract

Movoto

After submitting an offer on a home you plan to purchase, a few things might happen – once an offer is accepted (typically, after negotiations but not always), real estate sales agreements come into effect between buyers and sellers. What Are Real Estate Sales Agreements? Should the buyer breach the contract (e.g.,

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How top mortgage broker Mark Cohen stays on top of the SoCal market

Housing Wire

The lack of housing inventory – a major pain point for real estate agents and loan officers – is an issue that Mark Cohen, principal owner of Cohen Financial Group , also sees in the upper end of the Southern California market. I would say maybe 10 to 15% of the deals are investment property deals.

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7 Takeaways: Due Diligence Fee and Earnest Money in Real Estate

Raleigh Realty

It's important to note that real estate contracts and laws change depending on what state you are in. It should be noted that not every state uses due diligence fees in real estate transactions, so it is important to consult with your real estate agent so they may educate you on the legal implications of a housing contract.