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Virginia Realtors: Zillow’s touring agreement may not be legal

Housing Wire

The real estate giant was prompted to do this by the terms of National Association of Realtors’ (NAR) commission lawsuit settlement agreement which requires agents to have a written agreement with a client in order to work with them as a buyer broker. This agreement must be signed prior to an agent taking a buyer to tour a home.

Legal 295
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ALTA: Protecting property rights with title insurance

Housing Wire

For most real estate industry professionals, title insurance needs no introduction. A trusted product , title insurance has been used to protect real estate transactions and property rights for over a century. Title insurance is different than most other insurance products. Diane Tomb, ALTA CEO Contributor.

Insurance 464
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Our 19-point house-hunting checklist for real estate agents & their clients

Housing Wire

While buying a house is typically an exciting process for our clients, it can also be overwhelming. We’ve compiled this house-hunting checklist you can review with your buyer clients to help them better understand the home-buying process. I used to play a fun game with my buyer clients. I gave them a piece of paper and a pen.

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Nearly half of loans processed in Q1 showed fraud risks: FundingShield

Housing Wire

Q1 was a period where we saw some market improvements and volumes increasing as the winter lull thawed,” Ike Suri, the CEO of FundingShield, said in a statement. of transactions having errors, as well as a higher rate of insurance coverage issues, at 2.2% On loans that exhibited problems, the analysis found an average of 2.22

Insurance 425
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Crisis management in real estate: 8 tips for handling difficult situations

Housing Wire

Consider the residential client disappointed at the lack of inventory , or the commercial investor with many vacancies in a once-thriving property. But as history has proven, although the market fluctuates in the short term, it reaches new heights in the long term. Legal disputes. Practice patience as you move forward.

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WFG acquires West Coast retail title operations from Doma

Housing Wire

” WFG, a full-service provider of title insurance, underwriting, and escrow services for real estate transactions nationwide, has been actively expanding its services and market reach since its establishment in 2010. Houlihan Lokey is serving as the financial advisor to Doma, while Mayer Brown LLP is acting as legal counsel.

Retail 339
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Opinion: What you need to know for a successful real estate transaction

Housing Wire

They also help to prevent fraud and ensure that the sale is conducted legally and ethically. This is especially important in today’s fast-paced real estate market, where time is of the essence. In real estate, a title is a legal document that establishes ownership of a property or asset. What is the role of an escrow company?