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Consumer advocate says policy changes are needed to help FHA buyers compete

Housing Wire

Because FHA accepts lower credit scores , higher debt-to-income ratios and lower down payments than most conventional mortgages, first-time buyers have relied on them due to the ongoing affordability challenges in today’s housing market from elevated prices and mortgage rates.

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Top 5 home improvement projects real estate agents should recommend to sellers

Housing Wire

Many sellers have returned to offering concessions and dropping prices to entice buyers. Now more than ever, sellers expect an agent who will confidently create a plan to get them top dollar for their home. Because of this, a dated kitchen can turn buyers away and cause a house to sit on the market for longer.

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Real estate coaching expert teaches new-school negotiation tactics for commission agreements

Housing Wire

The duo explore strategic negotiation skills in the modern real estate market and best practices for agents in adapting to the new rules mandated by the industry-changing settlement from the National Association of Realtors (NAR). Following that, Velt and De Grote explore negotiation tactics regarding buyer-seller agreement forms.

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Zillow, Realtor.com join forces to share 3D home tours and interactive listings

Housing Wire

The new partnership will let real estate agents share immersive listings with potential clients on both platforms, boosting visibility and simplifying the home search process for buyers. These statistics highlight shifting preferences for modern consumers who rely on digital tools to make homebuying decisions.

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Are AI real estate agents the future for homebuyers? These firms think so

Housing Wire

However, things have changed now and buyers have to have a separate buyer agreement. And if those fees can’t be negotiated into the transaction, the buyer is going to have to come out to pocket now in order to have a human Realtor represent them.” reAlpha is just one of the many AI agent platforms that have sprung up recently.

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Commission lawsuits spread to Manhattan

Housing Wire

On Wednesday, Manhattan home seller Monty March filed a lawsuit in U.S. Real Estate , Modern Spaces , The Agency , The Modlin Group , Nest Seekers International , Oxford Property Group , R New York , RE/MAX , SERHANT. Instead, if a seller wishes to compensate the buyer’s agent, they must pay the agent themselves.

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Figure hires Ronald Chillemi as its first chief legal officer

Housing Wire

In just a few years, Figure has become the number one nonbank HELOC provider, largely because the capital markets and regulators are supportive of our modern approach. In June, the firm announced the launch of Figure Connect , a blockchain-based marketplace that connects buyers and sellers of private credit loans.

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