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Fannie Mae Selling Guide update prohibits family members’ job offers in transactions

Housing Wire

The newly-updated Fannie Mae November Selling Guide now bars job offers or contracts for future employment from family members or interested parties involved in a transaction. “We The update also includes new general lender requirements regarding staffing, training and policies to maintain seller and/or servicer eligibility.

Contracts 408
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Q1 2024 BrokerPulse: Leaders predict flat home prices, lower interest rates

Housing Wire

Brokers turn to robust agent training According to our survey, brokerage leaders aren’t sitting around waiting for change to occur. They are boosting their agent training programs to provide more transparency around compensation and how to have those discussions with buyers and sellers.

Brokerage 365
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Opinion: NAR has finally met its match

Housing Wire

billion in damages to residential home sellers who successfully proved that the organization – which represents real estate agents at most of the top brokerages in the United States – colluded with other defendants to inflate agent commissions. Unless the decision is appealed, NAR will have to pay at least $1.8

Realtors 383
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Commission lawsuit: HomeServices files motion for judgment as a matter of law

Housing Wire

In the deposition, Michael Ketchmark, the lead attorney for the plaintiffs, asked Warner to comment on a training script from HomeServices CEO Gino Blefari in which he said that when he was an agent, he was supremely confident and would tell prospective clients that while commissions are negotiable “they only go up from 6%.”

Law 401
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RE/MAX to lean on high agent productivity during turbulent times

Housing Wire

The key difference between our business model and that of many of our peers is that our model incentivizes agents to help buyers and sellers reach their housing goals, while some other models have incentivized their agents to recruit other agents, many of whom are not productive.” annualized decline in U.S. and Canada to 64,322 agents.

Agents 324
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8 top real estate lead generation companies for 2024

Housing Wire

SmartZip primarily benefits experienced listing agents, yet any agent willing to nurture seller leads can thrive with this platform. Armed with this data, agents can streamline their outreach efforts and focus on sellers who are ready for their services.

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7 Common Mistakes Sellers Should Avoid During a Real Estate Appraisal

Birmingham Appraisal

Homeowners, Don’t Make These Appraisal Mistakes When Selling Your Home As a real estate appraiser, I have seen many mistakes that sellers make during the appraisal process. These mistakes can significantly impact the value of a property and even lead to an appraisal being lower than the contract price.

Sellers 82