Remove Document Remove Insurance Remove Legal Remove Real Estate Agent
article thumbnail

Feds seek to enlist real estate agents in anti-corruption push

Housing Wire

The Financial Crimes Enforcement Network , or FinCEN, is floating a proposed anti-money laundering rule that could impose reporting mandates on a broad swath of professionals in the residential real estate market, including real estate agents, brokers, attorneys, title insurance companies and settlement agents.

article thumbnail

Homebuyers have many options; let’s make sure they’re aware of them

Housing Wire

Admittedly, the myriad of documents requiring signatures can be overwhelming, especially for first-time homebuyers. The American Land Title Association, alongside our real estate industry partners, are committed to making transactions easier for everyone through consumer education efforts.

Insurance 489
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Opinion: More can be done to shorten the average time to close

Housing Wire

Unfortunately, those ads don’t talk much about the next month or six weeks, the period real estate professionals call the “settlement process.” More than a few real estate agents will roll their eyes and sigh when asked by a client, upon the signing of a sales contract, “What’s next?”

HOA 408
article thumbnail

Opinion: More should be done to shorten the average time to close

Housing Wire

Unfortunately, those ads don’t talk much about the next month or six weeks, the period real estate professionals call the “settlement process.” More than a few real estate agents will roll their eyes and sigh when asked by a client, upon the signing of a sales contract, “What’s next?” in question.

HOA 395
article thumbnail

RESPA enforcement is back — are you ready?

Housing Wire

And they’re starting to ignore compliance or entering into agreements without fully documenting and monitoring them like they should, hoping they’ll make it through this downturn.” That’s because real estate agents and loan officers are in survival mode and desperate to close new business.

article thumbnail

Commercial Real Estate Agent vs Broker vs Realtor: What’s The Difference?

The Robert Weiler Company

When you think of the terms commercial real estate agent, broker, or realtor, do you use them interchangeably? We often give a name to someone who helps clients buy or sell commercial real estate without considering each unique position, their responsibilities, education, certification or licensing, and expertise.

article thumbnail

“It’s ridiculous”: Real estate industry opposes newly proposed cash-deal reporting rules

Housing Wire

Never in her decades-long career did Giguiere think she might be responsible for monitoring and reporting potential criminal activity in the real estate market. “It It is just ridiculous to put that on real estate agents and companies,” Giguiere said. That is not the role of a real estate agent.