Housing Wire

DECEMBER 21, 2023

Unfortunately, too many misconceptions persist among real estate and even mortgage industry professionals about the VA home loan, and those misconceptions have big (and negative) impacts. VA mortgage loans generally provide veterans and active-duty service members with more favorable terms than other loans on the market.

Mortgage 441

Mortgage Renovations Appraisal Process Finance 441

Housing Wire

APRIL 22, 2024

“If you’re a brokerage, and you don’t have a team model within your brokers, I would actually use that starting today because you’ll generate a lot more profit from that team than you will with the independent agents,“ Djon said. The change would go into effect in mid-July 2024 if the settlement is approved by a judge.

Brokerage 406

Brokerage Real Estate Realtors Real Estate Agent 406

Housing Wire

DECEMBER 8, 2023

Ultimately, every homebuyer prospect, every contract and every negotiation is different, but your value should be consistent for all situations and clients. In fact, you will become known as a true professional and receive repeat and referral business as a result of doing the best job possible for your clients.

Clients 430

Clients Real Estate Inspection Buyers 430

Housing Wire

DECEMBER 27, 2022

The first half of the year, with mortgage rates in the 3s and 4s, was like “Fast and Furious.” The Big Chill” or “Frozen,” says Green, principal at real estate law firm Polunsky Beitel Green. A mortgage rate lockdown freezes the housing market. over asking price. High octane stuff. “The

Housing Market 526

Housing Market Marketing Real Estate Agent Real Estate 526

Housing Wire

FEBRUARY 7, 2023

California-based Carrington Mortgage Services (CMS) sees a window of opportunity in the mortgage market. The Federal Reserve (Fed) actions that resulted in millions of borrowers receiving mortgage rates below 4% gave way to Fed actions that… triggered mortgage rates to rise above 7% in the fall of 2022.

Mortgage 384

Mortgage Loan Officers Government Buyers 384

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. ProspectsPLUS!

Real Estate 408

Real Estate Buyers Tools Real Estate Agent 408

Housing Wire

JANUARY 8, 2021

As we think about coming out of this first month of the year, we’ve quickly realized this year is going to be anything but planned or what we in the mortgage lending industry are used to. But for others, low mortgage rates gave way to pre-approved borrowers struggling in a very competitive seller’s market.

Lending 450

Lending Mortgage Inventory Business 450

Housing Wire

NOVEMBER 23, 2022

Mortgage rates for a 30-year fixed-rate loan are hovering around 7% levels and still-high home prices are slashing purchasing power. What helped Erica Davis, a loan originator at Guild Mortgage , in the current high-rate environment is a seller-funded temporary 2-1 rate buydown. It’s a terrible time for homebuyers. in the second year.

Buyers 473

Buyers Marketing Sellers Loan Officers 473

Realtor

OCTOBER 16, 2023

“It’s very important for first-timers to do research and understand all their options before they start looking for a home,” says Cara Ameer , a real estate agent with Coldwell Banker who is licensed in California and Florida. Here are some common blunders homebuyers make when attempting to secure a mortgage.

Mortgage 190

Mortgage Real Estate Agent Real Estate Buyers 190

Appraisal Today

FEBRUARY 17, 2023

What Appraisers Wish Real Estate Agents Understood McKissock Survey Question: “What’s one thing you wish real estate agents knew about the appraisal process? I will always remember when, many years ago, a top local real estate agent asked me why I was driving around taking photos of homes.

Real Estate Agent 52

Real Estate Agent Real Estate Appraisal Agents 52

Housing Wire

MAY 28, 2021

Diving deeper, for the two week period ending May 9, 2021, 57% of homes that went under contract had an accepted offer within the first two weeks on the market. I don’t see that changing until mortgage rates increase, which will likely happen later this year. Asking prices also reached an average of $361,875, another record high.

Buyers 421

Buyers Real Estate Agent Real Estate Inventory 421

Housing Wire

SEPTEMBER 7, 2023

For most real estate agents, working with a reliable lending partner is essential to a smooth and successful transaction. That partnership is everything,” Amy Breach, a Seattle-based Keller Williams agent, told HousingWire in late 2022. Attorneys, Realtors and clients are a big part of our repeat business.”

Buyers 397

Buyers Agents Loan Officers Real Estate 397

Housing Wire

DECEMBER 13, 2022

HousingWire sat down with Mike Fawaz, senior vice president at Rocket Pro TPO, as he discussed how mortgage professionals should approach the upcoming year. How do you think mortgage professionals should approach the coming year? How do you think mortgage professionals should approach the coming year? It has its ebbs and flows.

Clients 397

Clients Technology Real Estate Agent Business 397

McKissock

MARCH 10, 2021

When a real estate client defects, it might not be something you are doing to drive away real estate clients. Others feel they can find a better match with another agent. There could be any number of reasons why the client decides to look elsewhere. Sending clients to open houses—without you.

Clients 94

Clients Real Estate Real Estate Agent Agents 94

Housing Wire

APRIL 20, 2022

Bonnie Williamson never intended to be a real estate agent. As more and more people enter the real estate industry – membership at the National Association of Realtors has ballooned to a record 1.6 For brokerages – and agents themselves – transaction sides and sales volume are easy ways to measure productivity.

Real Estate Agent 420

Real Estate Agent Real Estate Agents Brokerage 420

Housing Wire

OCTOBER 23, 2020

And while real estate agents repping luxury homes aren’t seeing as many bidding wars as they did this summer , their respective housing markets are still crazy right now. I’ve had many conversations with clients of mine from late April through early July, the market was total pandemonium. Presented by: NAMB.

Housing Market 536

Housing Market Marketing Real Estate Agent Real Estate 536

Appraisal Buzz

MAY 17, 2021

During the 2007-10 mortgage default meltdown, appraisals were a target of complaints and allegations by lenders, the GSEs, some state appraisal boards, and a few unscrupulous entrepreneurs. As appraisers, we faced tremendous pressure from buyers, sellers, real estate agents, and loan officers during the previous run-up.

Appraisal 418

Appraisal Clients Real Estate Sellers 418

McKissock

SEPTEMBER 20, 2021

Real estate risk management is an important concern for agents. Real estate agents are commonly sued for breaching their duty to act in the best interests of their client. Here’s an overview of Articles 1–13: Article 1 requires Realtors® “to protect and promote the interests of their client.”

Real Estate 58

Real Estate Clients Real Estate Agent Realtors 58

Housing Wire

APRIL 6, 2021

But not everybody has the ability to tap friends and family or investments when the appraisal and the final sale price don’t match – many deals have fallen apart as a result, loan originators and real estate agents said. But the most important thing is educating clients from day one. I’ve seen a house listed at $1.7

Appraisal 540

Appraisal Reconsideration of Value Real Estate Agent Sellers 540

Housing Wire

MARCH 20, 2024

The company monetizes its platform’s traffic in a variety of ways, primarily by selling leads, software-as-a-service tools for agents and advertising services. In recent years, Zillow also launched segments for rental listings and mortgage origination; it briefly operated an instant buying segment, now shuttered.

Investors 453

Investors Agents Real Estate Buyers 453

Housing Wire

NOVEMBER 2, 2021

The CEO pointed to existing Zillow programs including Premier Agent (which, up until relatively recently, was the company’s cash cow), mortgage origination, and the recently acquired ShowingTime. The purchase has triggered a Federal Trade Commission inquiry regarding Zillow’s array of agent and consumer data.

Market Value 397

Market Value Real Estate Agent Agents Business 397

McKissock

JANUARY 18, 2022

A skilled real estate agent can play a major role in guiding these fledgling property owners through the maze that is a real estate transaction. In an interview with Entrepreneur , property experts say that a real estate agent can make or break a home-buying experience. Honesty Counts.

Real Estate Agent 96

Real Estate Agent Real Estate Agents Buyers 96

Annarbor Appraisal

SEPTEMBER 6, 2020

Challenging the results of the appraisal for mortgage financing. The first thing to remember as a consumer or real estate agent, is that the client is the lender, not the consumer. Even though the lender is the client, the borrower is by regulation, required to be given a copy of the appraisal report.

Mortgage Appraisal 78

Mortgage Appraisal Appraisal Mortgage Reconsideration of Value 78

Birmingham Appraisal

AUGUST 23, 2023

In the often chaotic world of real estate, the appraiser-agent relationship can contribute to a smoother process. When real estate agents and appraisers work together seamlessly, clients benefit from well-informed decisions, transactions become smoother, and professional relationships are strengthened.

Agents 83

Agents Appraisal Valuation Appraisal Process 83

Housing Wire

AUGUST 23, 2023

” Better is partnering with other businesses to offer services such as homeowner’s insurance and to provide access to a network of real estate agents, rather than offering these products and services directly to borrowers. The change resulted in Better’s exit from its real estate business.

Realtors 370

Realtors Technology Insurance Mortgage 370

McKissock

MAY 11, 2022

Before you log too many hours chauffeuring buyers from property to property, make sure they’re truly motivated to navigate the challenges of a hot sellers’ market —from competing with other buyers to committing to contracts that favor the seller. Here are some good indications that your clients are truly ready to buy. #1:

Real Estate 77

Real Estate Clients Marketing Buyers 77

Realtor

JULY 13, 2021

Contingencies, in the world of real estate, are essentially conditions that must be met to finalize the sale of a home. The provisions of a contingency contract are there to protect buyers and sellers. Surprisingly, this one often gets overlooked or waived, but I would never encourage a client to do that,” DeSimone says.

Inspection 203

Inspection Real Estate Agent Real Estate Buyers 203

Raleigh Realty

MARCH 23, 2021

The founder of forsalebyowner.com used a Real Estate Agent to sell his home after trying to sell it himself and failing to do so - imagine that. There are pros and cons to going the for sale by owner route, but it is strongly advised to work with a trusted real estate agent throughout the process.

Real Estate Agent 133

Real Estate Agent Real Estate Realtors Contracts 133

Birmingham Appraisal

FEBRUARY 20, 2024

Appraiser and Agent Collaboration is a Good Thing The importance of collaboration between real estate agents and appraisers can be a touchy subject. On one hand, the real estate agent’s main goal is to advocate for their client while the appraiser must be an impartial and non-biased third party.

Agents 87

Agents Appraisal Real Estate Agent Bracketing 87

McKissock

JULY 19, 2022

Hasty changes to terms and conditions of the housing contract. Sellers are often on a time crunch to get properties locked into a contract, which leaves little time to properly deal with the unexpected. Free Guide : Access real estate agent income insights and trends to help you earn more in your career!

Real Estate 98

Real Estate Real Estate Agent Sellers Agents 98

Housing Wire

AUGUST 18, 2023

Arrogance is when they won’t listen to comps and have reasons other than real value to try to justify their price. Secret #2 Sometimes, especially in a low-inventory market, your potential seller client may know about comparable sales you didn’t capture. Are they already in contract on something?

Sellers 370

Sellers Construction Real Estate Finance 370

Housing Wire

NOVEMBER 3, 2023

.” Other popular answers included, ‘implementing buyer representation agreements,” “full disclosure of client options,” and “more training on our value proposition.” “We may eventually have it where buyer commissions can be rolled into the mortgage.

Real Estate 323

Real Estate Brokerage Buyers Property Management 323

Housing Wire

DECEMBER 6, 2023

As we edge towards 2024, the real estate landscape buzzes with both opportunities and uncertainties. With home prices expected to hold steady and even grow in many markets, real estate agents face a unique market shaped by shifting demographics, evolving buyer expectations and lingering economic uncertainties.

Real Estate 417

Real Estate Agents Real Estate Agent Tools 417

Eppraisal

NOVEMBER 3, 2023

Smart Contracts and Blockchain Blockchain technology is making waves in the real estate industry by introducing smart contracts. These self-executing contracts automatically facilitate, verify, or enforce the terms of an agreement without the need for intermediaries.

Real Estate Agent 36

Real Estate Agent Real Estate Sellers Contracts 36

McKissock

APRIL 3, 2022

Bill Zielke, CMO of BitPay, has been handling crypto transactions in real estate for years where transactions are settled as soon as the next business day, involving no banks, and no traditional pay wires — and they’re completely secure. Free Guide : Learn how much you could earn in real estate with this free Real Estate Income Guide.

Real Estate 73

Real Estate Real Estate Agent Technology Contracts 73

Eppraisal

NOVEMBER 12, 2021

Your buyer's mortgage lender is the appraiser's client so your buyer's bank or mortgage company orders the appraisal. The mortgage lender has financial interest in your home which your buyer is purchasing. That's why neither you nor your buyer is the appraiser's client. How Can You and Your Real Estate Agent Help?

Appraisal 36

Appraisal Real Estate Agent Real Estate Buyers 36

McKissock

MAY 8, 2022

Bill Zielke, CMO of BitPay, has been handling crypto transactions in real estate for years where transactions are settled as soon as the next business day, involving no banks, and no traditional pay wires — and they’re completely secure. Free Guide : Learn how much you could earn in real estate with this free Real Estate Income Guide.

Real Estate 52

Real Estate Real Estate Agent Technology Agents 52