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DataDigest: Yes, buyer agents steer clients, new study claims

Housing Wire

Three researchers believe a first-of-its-kind dataset has enabled them to definitively answer a long-debated question: why have buyer agent commission rates been so stable historically? Actions since NAR banned mandatory and recommended fee schedules in 1961 and 1971, respectively, have often focused on allegations of agents steering clients.

Clients 422
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What Is an Appraisal? The Appraiser’s Definition

Appraisal Buzz

The appraisal is the process that you, the appraiser, undertake and complete and then report its results to the client. The Appraiser’s Definition appeared first on Appraisal Buzz. Most of the mortgage industry, financial industry, and public at large do not understand the difference. The post What Is an Appraisal?

Appraisal 195
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Removing the Definition of Personal Inspection

Appraiserblogs

Why is the ASB proposing to remove the definition of Personal Inspection? Related Posts: USPAP Definitions of 'His' and 'Her' The USPAP Exposure Draft Process Continues To Step Outside Their Purpose With Her / Him as the new ‘Misleading’ Debacle…. The post Removing the Definition of Personal Inspection appeared on Appraisers Blogs.

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What Is an Appraisal? The Appraiser’s Definition

McKissock

The appraisal is the process that you, the appraiser, undertake and complete and then report its results to the client. If the client is a lender, they may want you to report the results of your analysis and conclusions to them on a standard industry form like the 1004/70. The Official Definitions. A More Direct Definition.

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Labor Department announces new rule to shield retirement savings

Housing Wire

This final rule will achieve this by updating the definition of an investment advice fiduciary under the Employee Retirement Income Security Act and the Internal Revenue Code.” The discussion of the product between advisers and their clients lends more credence to the product category, according to recent survey findings by WSFS Mortgage. “[The

Investing 332
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Rocket CEO talks new AI tool, changes in leadership and M&As

Housing Wire

Rocket Mortgage launched a new artificial intelligence (AI) tool on Tuesday that allows its client experience teams to analyze sentiment, record behavior patterns, transcribe conversations and create tailored experiences during customer interactions. Each year, Rocket employees participate in 65 million calls with clients, including 3.1

Tools 330
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Rachel Swann’s top performing team jumps to Coldwell Banker

Housing Wire

As we grow, we wanted to partner with a brand that had the infrastructure, footprint and brand presence to support us and our clients without disruption,” said Swann in a statement.