McKissock

APRIL 20, 2021

Becoming a real estate agent requires a giant leap of faith and an investment of time and money. That’s why some agents may choose to test the waters with a part-time real estate position while hanging onto a steady income from another job. Finding time for part-time real estate.

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Real Estate Agent Real Estate Agents Realtors 98

Housing Wire

JANUARY 17, 2023

The 5% market’s a healthy market,” said Anna Ruotolo, branch manager and senior loan officer at Synergy One Lending. “A For Jason Stallworth, retail sales manager at Planet Home Lending , preparation for Q1 began last month by meeting with new prospects, real estate agents and brokers. Make a plan.

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Loan Officers Marketing Real Estate Agent Real Estate 359

Housing Wire

JUNE 30, 2021

The wholesale channel will continue to grow as more retail originators and borrowers learn the benefits of working with a mortgage broker. At UWM we focus on our client service, operational efficiency and speed to close loans. Blink+ is a white-label, borrower-facing digital application tool. Jason Bressler, Chief Technology Officer.

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Tools Training Technology Clients 302

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.

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Housing Wire

MARCH 24, 2021

billion in the wholesale channel in 2020 (compared to about $62 billion in retail), lost roughly 5% of its broker clients to UWM, according to company executives. Real estate agents and LOs: the great collaboration. Then you might as well just go work for UWM retail. ” Fairway, which did about $3.5

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Real Estate Agent Retail Real Estate Design 381

Housing Wire

AUGUST 14, 2023

The feature , published earlier this month, noted that Rocket embarked on a local LO hiring spree in 2023 to capture purchase market business from real estate agent connections. So it seems like the real estate community is reacting positively to this particular program,” Emerson told analysts.

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Loan Officers Mortgage Real Estate Agent Real Estate 354

Housing Wire

JANUARY 24, 2023

. “Sometimes 10-20 basis points is all an LO needs to win over a real estate agent or get creative on a borrower’s loan,” the lender said in a statement. “It’s a risk management issue: some clients would say, ‘I understand there are some gray areas, but I’m willing to take the risk.’

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Lending Law Legal Training 354

Housing Wire

AUGUST 12, 2021

They’d then utilize the services of a real estate agent found through the growing Rocket Homes platform. Then comes the mortgage — which their agent would monitor through Rocket Pro Insight. When at the finish line, the client would close with the aid of Amrock , Rocket’s title and appraisal arm.

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Mortgage Real Estate Agent Real Estate Agents 403

Housing Wire

NOVEMBER 10, 2020

“I told my client, my friends, ‘Look, I know you’re supposed to close in 10 days but we’re closing Friday and you let everybody know it or you may not close,’” Dodson said. So when that happens, you don’t originate, you don’t lend at par for something at 88. So you stop.”. Everyone bowed out.

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Business Mortgage Investors Loan Officers 424

Housing Wire

JANUARY 27, 2023

Most retail lenders are desperately seeking high producing loan originators to make up for the losses that occurred in 2022. California-based retail lender JVM Lending plans to drum up business this year — but by doing the exact opposite. We are going to pursue the investor niche aggressively, meeting very specific realtors.

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Lending Real Estate Agent Loan Officers Retail 377

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.

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Realtors Technology Insurance Mortgage 362

Housing Wire

FEBRUARY 29, 2024

“Another loan closing today is for a real estate agent who is an investor and has done many mortgages in the past. Mike did not hesitate: “I did more pricing exceptions for the real estate agent,” he said in an interview on the day of the loan closings. She’s well educated. It’s not without risk.

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Loan Officers Mortgage Lending Real Estate Agent 386

Housing Wire

AUGUST 16, 2023

Guild doesn’t have a refi wrecking ball like Rocket Mortgage or a loyal network of adoring broker fans like UWM , but it has quietly assembled an impressive collection of retail branches in key markets in recent years. So it seems like the real estate community is reacting positively to this particular program,” Emerson told analysts. “It

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Retail Real Estate Agent Business Mortgage 344

Appraisal Today

JULY 29, 2022

57 Weird Real Estate Agent Photos. Excerpt: Yes, many great real estate photos really capture the house. More Terrible Real Estate Agent Photos for Appraisers. Two days later, the FOMC upped the discount rate, the Fed’s primary lending rate to commercial banks, by 50 basis points to 10.5%.

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Real Estate Agent Real Estate Appraisal Agents 52

Appraisal Today

MAY 10, 2024

I have never done an “official” ROV for a lender, but I did not like any lender clients objecting to my values. And if you work in real estate, be prepared to serve clients in all stations of life. I first started writing a real estate column in the local newspaper back in the late 1980s but did not like it.

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Reconsideration of Value Appraisal Real Estate Insurance 69

Appraisal Today

NOVEMBER 10, 2022

The only appraisers who get sued are those performing appraisals for mortgage lending. Truth: The origin of this myth most likely correlates with the significant amount of valuation work performed for lending purposes – the more lending work, the greater the liability risk, the thinking goes. Sellers, did you hear that?

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Appraisal Today

APRIL 21, 2023

Increased numbers of state appraisal boards are looking at complaints against appraisers from the standpoint of the consumer, rather than that of the client and/or the intended user(s). As all appraisers are aware, the consumer has no standing with the appraiser (assuming the consumer is not the named client or intended user).

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Appraisal Today

APRIL 14, 2023

It is a place where we can show our clients just how valuable an appraisal can be. If our business revolves around mortgage lending, we are used to dealing with clients who have a certain level of sophistication. Many of us have learned to truncate our verbiage because our lending clients do not want to read volumes.

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The Robert Weiler Company

OCTOBER 21, 2022

If you’re reading this article, you will likely need a commercial real estate appraisal for property being sold, mortgaged, taxed, insured, or developed. The information that arises helps enlighten those who own, manage, sell, lend money, or invest in commercial real estate property.

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Appraisal Today

MARCH 31, 2023

But how do you contact potential clients and referral sources? One easy way is networking at meetings, such as the Chamber of Commerce, local bar associations, real estate agent meetings, appraiser meetings, etc. Then forward that answer on to the client/AMC. How did I accomplish getting so many referrals?

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Appraisal Today

APRIL 1, 2023

I tend to put a similar amount of effort into the communication side for all clients, and like to think that my work product is solid. To see the listing, click here == Dos and Don’ts of Sharing Comparable Sales By: McKissock Excerpts: When real estate agents provide relevant comparable sales to appraisers, it certainly benefits both parties.

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Clients Appraisal Contracts Business 52

Housing Wire

AUGUST 29, 2022

Ishbia is confident his firm can benefit from this trend by cutting prices for brokers and bringing more retail loan officers to its wholesale channel, whose market share currently stands at around 20%. It’s smoother for the client,” Hussam said. UWM is actively courting more brokers and retail LOs to the wholesale channel.

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Investing Loan Officers Retail Mortgage 404

Appraisal Today

SEPTEMBER 23, 2022

Excerpts: … senior leaders at AMCs, lenders and the GSEs have noted that slower appraisal volume will favor those appraisers who can stay in communication with their clients and provide faster turn times. The upcoming October issue of the monthly Appraisal Today has an article, “Which are your best current and former AMC/lender clients?

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Appraisal Marketing Business Contracts 52

Appraisal Today

FEBRUARY 3, 2023

23, 2023 My comment: This only applies to residential lending appraisals, of course. To read more, plus over 60 appraiser comments, click here My comments: This only applies to residential lending appraisals, of course. Murdoch told a gathering of real estate agents soon after the acquisition. “We percent from 5.44

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Appraisal Contracts Business Mortgage 40

Appraisal Today

JUNE 10, 2022

Recall the five forces of friction: practices, standards, education, regulation, and client expectation. The Inevitable Cyclicality of Mortgage Lending. Communicating with non-lender clients: Very, very different than lenders. How to get referrals from real estate agents. Purchase vs. refi appraisals.

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Appraisal Contracts Business Mortgage 52

Appraisal Today

OCTOBER 7, 2022

Sometimes real estate agents take them on and off the market. =. Excerpts: Lakeland engaged in a pattern or practice of lending discrimination by “redlining” in the Newark metropolitan area. An appraiser can easily lose a lender client because they were low on an appraisal. The agreement with N.J.

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Appraisal Today

SEPTEMBER 15, 2023

Appraisers are less likely this year to cite expanding regulations/interpretations of regulations, lender requirements, pressure from real estate agents/brokers, and liability concerns. From Dave Towne: Over the years, many appraisers have reported being blacklisted by real estate agents and even mortgage brokers.

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Appraisal Real Estate Agent Contracts Real Estate 81

Appraisal Today

AUGUST 25, 2023

NOTE: Please scroll down to read the other topics in this long blog post on non lender appraisals, MLS hacked, appraisers and real estate agents, Humor, unusual homes, mortgage origination == Massive Missouri Lake Winnebago House for $12.6M Never be dependent on the ups and downs of lending again!

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Appraisal Real Estate Agent Agents Real Estate 75

Appraisal Today

FEBRUARY 24, 2023

However, Skapinetz theorizes that the business model of appraisers changed substantially after the 2008 real estate crash in a post Dodd-Frank and HVCC world. AMCs had taken over the mortgage-lending work. They thought I was a social worker or real estate agent, so I was never hassled. percent from 5.53

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Appraisal Today

APRIL 12, 2024

Insurance purposes: Lenders or other clients may order desktop appraisals for insurance purposes to determine the property’s replacement cost or insurable value. But if for lending, it might be rejected on review by GSE computers or humans. It is written for real estate agents and has general information on appraisal at the beginning.

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Appraisal Construction Contracts Architecture 76

Appraisal Today

OCTOBER 14, 2022

While that number may seem high to some, in the context of lending and property complexities, that is a 54% improvement in performance cited earlier in this article (from 35% 10 years ago). I have always collected all the money owed from my lender clients using the collection techniques I write about. Client Rating Grid.

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Appraisal Insurance Real Estate Business 52

Appraisal Today

SEPTEMBER 29, 2023

Some appraisers, a true minority, have been able to transition to private, non-mortgage-lending appraisal work, but that’s not as easy as some advocate. And many appraisers who only know how to do mortgage lending assignments are reluctant to market themselves outside that confined space. The GSEs started keeping track in 71.

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Insurance Appraisal Contracts Mortgage 78

Appraisal Today

NOVEMBER 20, 2022

FNMA indicates that their 2022 lending volume is down 47% from 2021 and is expected to drop by another 50% in 2023. My comments: Written for real estate agents but relevant for appraisers as we report on the market. More important, you speak regularly with local agents so you know what is happening way beyond the comps.

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Appraisal Real Estate Agent Real Estate Contracts 52

Appraisal Today

APRIL 28, 2023

Call the client and have them re-assign the order? Setting client expectations is a critical first step in any real estate appraisal assignment. Make sure you’re fully aligned with your client every step of the way in order to set the tone and help prevent potential dissatisfaction… 2. What to do?

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Appraisal Real Estate Business Contracts 52

Appraisal Today

JANUARY 12, 2024

I always made them and never had any complaints from my lender clients. NOTE: Please scroll down to read the other topics in this long blog post on 2024 forecasts for mortgage rates and originations, Private Money lending, unusual homes, mortgage origination stats, etc. Many referrals come from real estate agents.

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Appraisal Contracts Mortgage Marketing 67

Appraisal Today

SEPTEMBER 1, 2023

If the appraisal is for lending purposes, be sure to find out if it is “lendable” before spending much time on it. Examples of data sources include, but are not limited to, a multiple listing service, deed records, tax records, real estate agents, builders, appraisers, appraiser’s files, and other third-party sources and vendors.

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Appraisal Contracts Mortgage Real Estate 77

Housing Wire

AUGUST 3, 2021

It recently appointed Pamela Hughes Patenaude, a former deputy secretary at HUD during the Trump administration, to its board of directors, as well as Mike Linton, a marketing expert who currently serves as chief revenue officer at genomics firm Ancestry.

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