Housing Wire

NOVEMBER 13, 2020

Do I have to sign a contract and, if so, how is it structured? You should also find out what the agent’s contract looks like. Do you have any references I can contact? If you think a real estate agent might be a good fit, always ask for a reference or two first before signing on that dotted line.

Real Estate Agent 545

Real Estate Agent Real Estate Agents Contracts 545

Housing Wire

OCTOBER 8, 2020

The index plunged from record highs seen in late 2019 after the COVID-19 pandemic caused the sharpest economic contraction since the Great Depression. economy contracted 31% in the second quarter, compared to a year earlier, as the nation struggled to contain the worst public health crisis in more than a century.

Mortgage 421

Mortgage Contracts Housing Market Marketing 421

Housing Wire

DECEMBER 14, 2021

In a blog post, Fannie Mae and Freddie Mac ’s regulator and conservator said it found examples of “overt references to race, ethnicity, and other prohibited bases under federal fair lending laws,” which FHFA said indicate the “continued presence of valuation bias.”.

Appraisal 432

Appraisal Valuation Finance Training 432

Housing Wire

MARCH 29, 2024

CMLS goes on to argue that the court should evaluate the settlement agreement proposed by the plaintiffs and MLS PIN without any reference to the DOJ’s statement of interest. According to CMLS’ reading of the proposed agreement, two main policy changes are proposed.

Sellers 432

Sellers Real Estate Buyers Contracts 432

Housing Wire

OCTOBER 5, 2023

The home equity products involved include home equity lines of credit (HELOCs), closed-end second mortgages (CESs) and shared-equity contracts. In fact, for the latter product, also referred to as home equity investments (HEIs) or home equity agreements (HEAs), the market is poised to expand even further.

Housing Market 421

Housing Market Marketing Contracts Finance 421

Housing Wire

NOVEMBER 17, 2023

In the video cited, Blefari discusses commission negotiation with trainees, stating: “[W]hen homesellers saw that I had written a 6% commission into the contract, and would ask, ‘Gino, but aren’t commissions negotiable?’ I would always answer, ‘Yes, commissions are negotiable, but I can only go up from six.’”

Training 421

Training Realtors Agents Real Estate 421

Housing Wire

FEBRUARY 7, 2022

Unison, launched in 2004, joins another California-based fintech competitor, Point , in pursuing efforts to tap the secondary market to create more liquidity for the financing of shared home-equity contracts. Unison also shares some of the downside if the property loses value over the course of the contract.

Investing 368

Investing Marketing Contracts Investors 368

Housing Wire

JULY 27, 2022

Trident, which ceased doing business in 2021, will have to contract with a lender to open offices in minority areas and conduct outreach. It must also contract with a lender to administer $18.4 To resolve the DOJ and CFPB’s claims of redlining, Trident will pay $18.4 Trident will also pay a civil penalty of $4 million to the CFPB.

Loan Officers 397

Loan Officers Mortgage Law Contracts 397

Housing Wire

FEBRUARY 22, 2022

Many people are referring to this time as a ‘profitless boom’ for the building industry. Be cautious when signing fixed-price contracts. Enter into contracts that are malleable to market prices. In most cases, the builder will have to bear the additional cost – eroding any net profit left in the project.

Construction 410

Construction Contracts Supply Chain Business 410

Housing Wire

DECEMBER 2, 2021

Zillow said Thursday that more than 50% of its remaining iBuying inventory “has sold, is under contract to sell or has reached agreement on disposition terms.”. As to Zillow’s return on these sales, the spokesperson referred back to a statement last month that the company expects a 5-7% loss on resales compared to the purchase price.

Inventory 432

Inventory Real Estate Agent Investors Market Value 432

Housing Wire

MARCH 29, 2023

A HousingWire analysis of bond-rating report data and information provided by industry experts shows that between 2019 and March 28 of this year, there were at least 17 private-label securitization deals involving HELOCs and/or closed-end second-lien (CES) home-equity loans and separately shared-equity contracts.

Contracts 384

Contracts Lending Investing Investors 384

Housing Wire

FEBRUARY 27, 2024

Due to how HomeServices and its affiliates handle their client contracts, if a dispute arises, each client is entitled to individual arbitration of their claims. HomeServices of America, along with its Berkshire Hathaway subsidiary Long & Foster , filed motions to strike the class-action allegations in favor of arbitration.

Realty 421

Realty Real Estate Law Brokerage 421

Housing Wire

DECEMBER 11, 2020

For each deal, a smart contract known as a Passport Token is created that contains the borrower’s ATP analytics along with immutable references to the underlying source data, including their lending needs. The smart contract presents the borrower’s lending request to the exchange. The ATP is already in the blockchain.”.

Lending 410

Lending Contracts Investors Technology 410

Empire Appraisal Group

JUNE 29, 2023

million homes in homeowners’ associations (HOAs), most of our members have helped prepare contracts that address issues associated with association rules. If the deadline expires without association approval, then the contract will terminate, and the buyer is entitled to a return of the deposit. . – With over 1.5

HOA 78

HOA Contracts Sellers Buyers 78

Housing Wire

FEBRUARY 20, 2024

“And it blew up so much that states like Massachusetts … are seeking to pass right-to-inspect laws, which is going to make it hard to get that inspection contingency out of the contract,” he said. In addition to purchasing professional liability insurance, another protection that inspectors need to employ is smart contract language.

Inspection 410

Inspection Real Estate Agent Real Estate Insurance 410

Housing Wire

MARCH 5, 2024

By doing so, you are adding value to their marketing efforts and getting them a contract even if you don’t write a loan on that home,” Clark said. When an agent sees this effort, they will be more likely to send buyers, refer the loan officer to other agents through word of mouth, and even pick up some clients at an open house.

Loan Officers 421

Loan Officers Mortgage Buyers Inventory 421

Housing Wire

MAY 27, 2022

I continue to refer to this as the best piece of advice I have ever received because it reflects two key values. HousingWire: What is the best piece of advice you’ve ever received? Jeremy Potter: “Make sure everyone is included” was my mother’s advice when I was still in elementary school.

Modernization 384

Modernization Legal Contracts Mortgage 384

Housing Wire

MARCH 3, 2022

Meanwhile, Compass is fending off with a stick trade secret lawsuits from brokerages, and even breach of contract cases from Compass’s own agents. Principal agents refer to agents either working as lone wolves or heading a team. number refers to deals Kirman did or deals Kirman and the 84 other agents did combined is not explained.

Brokerage 370

Brokerage Agents Real Estate Law 370

Hank Miller Team

OCTOBER 24, 2023

Real estate contracts occasionally collapse due to Buyer problems, but what if the Seller bails out? What used to be infrequent is becoming more common; Sellers backing out of contracts. There are two options; recover the earnest money and move on, or sue the Seller for specific performance; make them close per the contract terms.

Sellers 52

Sellers Buyers Contracts Legal 52

Housing Wire

MAY 10, 2022

Startups sometimes refer to “cash burn” when conveying how cash is used, and it’s important for mortgage companies to understand cash usage as well. As the overall market contracts for mortgages and moves to primarily a purchase business, borrowers have a tight timeline to close loans.

Mortgage 397

Mortgage Business Contracts Lending 397

Realtor

DECEMBER 15, 2021

Getty Images Despite policies meant to bar race-related bias in assessing property values, many home appraisers continue to make references to the neighborhood’s racial demographics in their assessments of a home’s value. of homes in Black neighborhoods were valued below the contract price, compared with just 7.4%

Appraisal 90

Appraisal Valuation Contracts Real Estate 90

Appraisal Buzz

APRIL 15, 2024

In their software, appraisers have historical files that they may want to refer to, they have extensive template language already developed, and frankly they’re just used to it. Reports in the new standard, will be dynamic, expanding and contracting, based on the scope of work for that appraisal assignment.

Appraisal 397

Appraisal Design Lending Technology 397

Housing Wire

NOVEMBER 3, 2023

Right now, the first suit to go to trial should be the Sitzer lawsuit (named after its lead plaintiff), which was scheduled to begin on February 21, 2023, but at the request of Anywhere (referred to as Realogy in all court filings), it has been postponed indefinitely, as reported by Real Estate Reporter Brooklee Han. Judge Stephen R.

Real Estate 324

Real Estate Brokerage Buyers Property Management 324

Housing Wire

NOVEMBER 2, 2021

Barton’s answers largely referred back to his opening statements, adding occasionally that ZIllow has a “lot more potential” as an “asset light” business. There are 8,200 homes in contract alone that Zillow has agreed to buy, Bloomberg first reported Monday, and the firm expects to lose 5 to 7% on these homes.

Market Value 397

Market Value Real Estate Agent Agents Business 397

GoForrmz

MARCH 12, 2024

Maintenance Agreement The mobile maintenance agreement form, streamlines contract management with Electronic Signatures and Required fields. With Image fields, HVAC professionals can seamlessly attach visual references, like equipment images or project photos, providing clients with a more comprehensive understanding.

Clients 148

Clients Project Management Business Contracts 148

Housing Wire

APRIL 28, 2022

Startups sometimes refer to “cash burn” when conveying how cash is used, and it’s important for mortgage companies to understand cash usage as well. As the overall market contracts for mortgages and moves to a purchase business, borrowers have a tight timeline to close loans.

Mortgage 370

Mortgage Business Contracts Lending 370

Raleigh Realty

AUGUST 17, 2021

Understanding Due Diligence and Earnest Money in North Carolina Real Estate When you go under contract on a home in North Carolina you are going to encounter terms like Due Diligence and Earnest Money. It's important to note that real estate contracts and laws change depending on what state you are in. Due Diligence: What Is it?

Real Estate 148

Real Estate Real Estate Agent Contracts Inspection 148

GoForrmz

FEBRUARY 20, 2024

Your data is secure with GoFormz In an era where data is often referred to as the new gold, businesses are becoming increasingly concerned about the safety and security of their sensitive information. For example, an HR representative can send a hiring contract to a new employee, who can then fill it out and complete it digitally.

Legal 78

Legal Law Contracts Business 78

Padove Appraisal Service

FEBRUARY 27, 2023

Be sure to ask for references and review their qualifications and credentials before hiring an appraiser. This letter is also referred to as an appraisal contract, or appraisal agreement. Many appraisers’ professional experiences are limited to mortgage appraisals.

Appraisal 145

Appraisal Real Estate Real Estate Agent Legal 145

Housing Wire

DECEMBER 26, 2023

Before you dive in, it’s important to know that in North Carolina, all beginning real estate agents are referred to as provisional brokers. And the school’s practice tests, contract workshops, and other tools are designed to ensure confidence as you begin your career. Primarily video with some light reading, activities & quizzes.

Real Estate 421

Real Estate Real Estate Agent Design Law 421

Housing Wire

FEBRUARY 22, 2023

Those tailwinds in the RMBS market, also referred to as the private-label securities (PLS) market, are providing a boost to both prime jumbo and non-QM (or nonprime) issuance so far this year, market data shows. Hunsaker made his comments in an interview last month referring to the flurry of RMBS offerings in January.

Marketing 370

Marketing Finance Mortgage Lending 370

Housing Wire

FEBRUARY 15, 2024

In a lot of cases, the seller is not going to wait 45 to 60 days when they have an offer on a 30-day contract,” said Adrian Gastelum, a senior vice president and branch manager at Nova Home Loans. “A lot of these programs that I’ve heard of could take 45 to 60 days to get to the finish line.

Mortgage 450

Mortgage Buyers Loan Officers Sellers 450

Housing Wire

AUGUST 18, 2023

When you know why they want to or have to move, you can use this to stay on task during the appointment, referring to their needs and making it more about them than about you. Are they already in contract on something? That is a recipe for a tough relationship. What is motivating the sale? Are they listing and buying or just listing?

Sellers 370

Sellers Construction Real Estate Finance 370

Eppraisal

SEPTEMBER 22, 2023

Client References and Reviews Request references from the agents you are considering. In addition to personal references, check online reviews and ratings on platforms like Google, Zillow, or Realtor.com. Contract and Fees Before making a final decision, review the contract and fee structure with the agent.

Agents 36

Agents Real Estate Agent Real Estate Contracts 36

Lamacchia Realty

MAY 18, 2021

This means negotiating the terms of contracts, closing costs, home inspections, and so much more. Review References. When you go to an interview, your potential employer asks for references from past jobs to get a better idea of what they can expect if they hire you. Find Someone You Feel Comfortable With.

Real Estate Agent 59

Real Estate Agent Real Estate Agents Realty 59

Housing Wire

DECEMBER 29, 2021

HousingWire : Now, at the point of contract where an agent or consumer sees a home entered by HomesUSA, what happens next? But what you’re referring to would be a business to consumer business. So, it probably removes 75-80% of the manual entry for a builder. Ben Caballero : No, builders have their own on-site people in each community.

Realtors 397

Realtors Real Estate Agent Agents Real Estate 397

Housing Wire

NOVEMBER 13, 2023

Course also covers Florida Real Estate Law and Contracts, Valuation, appraisal, financing, federal income tax laws, zoning and planning, environmental issues & more. Visit Prolicense Florida The CE Shop: Best Florida real estate school for getting the highest course exam score Overall Rating 4.8 / 5 Rating: 4.5

Real Estate 441

Real Estate Real Estate Agent Agents Law 441