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How to become a luxury real estate agent

Housing Wire

If you’re known in your market as the expert who successfully sells properties between $1 to $3 million, how do you start getting clients looking for homes valued at $10 million+? How do you convince the sellers of $15 million homes to work with you? Visit Coffee & Contracts 2. Visit Agent Image 3.

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Reverse pros in high-value markets look ahead to 2024 opportunities

Housing Wire

The product maintains the non-recourse feature of other reverse mortgages, contains no origination or monthly servicing fees, and has no minimum home value requirement. and ensuring that potential clients have the reverse mortgage option visible is a key focus for Bruser.

Marketing 343
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With mortgage rates on the rise, here are some products originators should tap into

Housing Wire

Available to clients aged 55 and older (in select states), this product allows eligible homeowners to tap into more of their home equity sooner rather than later with lower upfront costs. Both programs can also be used as a home financing solution that allows older clients to purchase a new home that will better fit their lifestyle.

Mortgage 352
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DataDigest: 281 Realtors sound off on future of commissions in HousingWire survey

Housing Wire

The point being, there’s no consensus among real estate agents and brokers regarding what happens next, how the industry should respond or even how agents should talk to clients. Quite a few were complimentary of the lobbying work done, classes, training and, yes, MLS access. In the meantime, there’s anger, dismay and confusion.

Realtors 369
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Opinion: NAR has finally met its match

Housing Wire

The question is whether their value is commensurate with the commission that they receive as an effective entitlement. As the Sitzer/Burnett case may well show, most listing agents are trained to steer their clients to offers that support this dynamic. Talk about a conflict of interest.

Realtors 384
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Real estate tech roundup: Asteroom, Homesnap and SafeShowings

Housing Wire

Homesnap lets agents adjust a home’s price up to 30% in either direction of the list price or estimated home value and as a home price is adjusted, the selling probability timeframe dynamically updates to create an estimated time in which the property will sell.

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Reverse purchase financing: The financing option no one is talking about

Housing Wire

2 However, these potential clients will also face challenges — namely market volatility, unpredictable interest rates and limited purchasing power due to increasing debt. Actual cash required may vary and is based on age of youngest borrower, interest rate, home value, and other factors.

Finance 419