Contracts Loan Officers Real Estate Agent Sellers 
Housing Wire
NOVEMBER 20, 2023
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. But what happens if consumers pivot away from buyer agents altogether?
Housing Wire
MARCH 15, 2024
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.
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Housing Wire
SEPTEMBER 7, 2023
For most real estate agents, working with a reliable lending partner is essential to a smooth and successful transaction. That partnership is everything,” Amy Breach, a Seattle-based Keller Williams agent, told HousingWire in late 2022. The lender and LO can make or break the transaction.”
Housing Wire
NOVEMBER 23, 2022
What helped Erica Davis, a loan originator at Guild Mortgage , in the current high-rate environment is a seller-funded temporary 2-1 rate buydown. In a high-rate environment, lenders call the temporary rate buydown a win-win strategy for both sellers and buyers when used appropriately. in the second year.
Housing Wire
NOVEMBER 7, 2023
Though this seems like a whole new stress-inducing worry for many real estate agents , the fact is that commissions have never been a set amount, just an expectation or a tradition in many markets. Be one step ahead of the process once they’re under contract. Be a matchmaker. This is where being proactive matters.
Housing Wire
FEBRUARY 7, 2023
It essentially allows qualified buyers with a government loan to purchase a home by assuming responsibility for the sellers’ mortgage terms, including the current balance and interest rate. The fees are typically lower than in new loans, and no appraisal is needed. The product, known as an assumable mortgage, is not new.
Realtor
SEPTEMBER 13, 2023
“The homeowner, loan officer, and often the real estate agent work together to find better comparable market data to justify a higher valuation,” says Casey Fleming , a mortgage adviser and author of “ The Loan Guide: How to Get the Best Possible Mortgage.” . ” So keep the hope alive!
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