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10 ways for real estate agents to stay compliant with fair housing laws

Housing Wire

After that, real estate professionals were tasked with cleaning up the industry and giving every client equal opportunities. 10 things real estate agents should know about the Fair Housing Act Any violation of the Fair Housing Act can be reported to the U.S. What is the Fair Housing Act?

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How to write a lead-winning, memorable real estate agent bio (+ examples)

Housing Wire

As a real estate agent, you may think clients should care more about their next home than your life story. And while that may be true, well-crafted real estate agent bios can build trust and credibility and serve as a powerful tool in an agent’s marketing arsenal — giving prospective clients.

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Reverse purchase financing: The financing option no one is talking about

Housing Wire

That’s where reverse purchase financing comes into play, the funding option specifically designed for older Americans. For real estate professionals, this option presents an opportunity to capture more sales. What is reverse purchase financing? Yet staggeringly few are aware of its existence.

Finance 430
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Homebot home education portal acquires mobile app firm Quo Finance 

Housing Wire

Homebot , a home education portal that keeps people connected to their loan officers and real estate agents, acquired Quo Finance , a mobile app for first-time homebuyers. million in seed funding, led by SignalFire in December 2021 to develop the mobile app. Quo raised $7.2

Finance 318
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The ‘double-edged sword’ of dual licensing

Housing Wire

The company recently launched a mortgage brokerage firm that offers a plug-and-play program for real estate agents to become mortgage loan officers, a practice called dual licensing. of the loan amount, with a $5,000 cap, which adds to the typical buyer-side agent commission of up to 3%. according to the company.

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

Housing Wire

Mortgage pros have closely monitored the commission lawsuit developments since a Kansas City, Missouri jury determined that NAR, HomeServices of America , and Keller Williams conspired to inflate or maintain high commission rates through NAR’s so-called Participation Rule. You should be finding buyers before real estate agents anyway.”

Buyers 498
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NAR alternative now has 3,800 members 

Housing Wire

Stefani Berkin, president of R New York and one of the 35 founding members of the American Real Estate Association’s advisory board, expressed her optimism regarding the organization’s potential to outpace NAR in advocating for and educating agents across the nation.