Remove Contracts Remove Definition Remove Loan Officers Remove Real Estate Agent
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Opinion: Sitzer/Burnett decision presents an uncertain future for buyer agents

Housing Wire

Real estate agents are facing a contracting issue that could seriously upend the traditional housing landscape. Under current guidelines, sellers pay a 5-6% commission on a sale which is split between the buyer and listing agents. Most successful loan officers get their business from buyer agent referrals.

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‘Find buyers before agents!’ Mortgage industry reacts to the NAR settlement

Housing Wire

These housing professionals have been gaming out the potential impact on buyers’ agents – a significant source of referrals. Loan officers and mortgage executives expect home sellers and homebuyers to negotiate more aggressively on commission paid to buyer agents, potentially bringing costs down.

Buyers 504
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Will a Part-Time Real Estate Agent Salary Be Enough for You?

McKissock

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. How much is a part-time real estate agent salary?

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ROV (Reconsideration of Value) Changes – FHA and GSEs

Appraisal Today

The mortgage loan officer handling the loan? On a side note, I’m definitely noticing some familiar agents listing bank-owned homes right now (mostly people who were big REO agents back in the day). 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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NAR Appraiser Survey July, 2023

Appraisal Today

Appraisers are less likely this year to cite expanding regulations/interpretations of regulations, lender requirements, pressure from real estate agents/brokers, and liability concerns. To read more click here My comments: Definitely an appraisal challenge! == GSE FAQs: Appraiser Independence (AIR) (Aug. UPDATED No.

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ChatGPT for Appraisers

Appraisal Today

It definitely can be very useful, as Dustin explains. As I talk with appraiser colleagues and real estate agents, I’m hearing this sentiment quite a bit. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) increased to 7.09 percent from 6.93

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Appraisal Risk, Reviews, and Revisions

Appraisal Today

My comments: Definitely a Luxury Home! ==. Get started as a luxury real estate appraiser. The appraisers do extensive networking with the real estate agents who sell these homes, both for referrals and to find out the details on the property and the transactions. How to Become a Luxury Home Appraiser.