Housing Wire

FEBRUARY 24, 2021

Technology has given consumers the power of choice and expedited the entire real estate purchasing process. Our focus at Propertybase is to make collaboration between consumers, agents and loan officers as easy as shopping from third-party sellers on Amazon. VL: So many areas could benefit by embracing digitalization.

Real Estate Agent 369

Real Estate Agent Real Estate Agents Loan Officers 369

Housing Wire

MARCH 5, 2024

The homebuyer plaintiffs in the Batton II commission lawsuit in Illinois made the decision to voluntarily dismiss defendant Howard Hanna Real Estate Services from the lawsuit without prejudice. In a document filed on Monday with U.S. In her ruling Wood $5.36

Real Estate 431

Real Estate Real Estate Agent Sellers Realtors 431

Housing Wire

FEBRUARY 21, 2024

Curbio , a provider of pre-sale home improvement services that requires payment at closing, will provide its “Build Your Own Estimate” mobile app to NAR members, which offers free repair estimates for home inspections upon the upload of a PDF document.

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Home Improvement Realtors Real Estate Agent Inspection 410

Housing Wire

OCTOBER 13, 2023

Berg told ALTA One attendees that they should be particularly wary of escrow account “shenanigans” and that they need to keep tabs on how builders and real estate agents are shifting funds around through escrow accounts. Our realtor partners are hurting,” Berg said. “Our Our realtor partners are hurting,” Berg said.

Real Estate Agent 441

Real Estate Agent Real Estate Agents Sellers 441

Housing Wire

APRIL 3, 2024

The Community Home Lenders of America (CHLA) this week submitted a letter to the Federal Housing Administration (FHA) that urges the agency to “provide comparable down payment treatment for FHA borrowers, regardless of whether or not the seller is willing to pay the home buyer broker commission,” according to an announcement by the organization.

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Sellers Buyers Agents Real Estate Agent 431

Birmingham Appraisal

JUNE 21, 2023

Real estate agents, as trusted guides for their clients, must possess a good understanding of the factors that influence property appraisals. In this blog post, I’ll discuss key appraisal factors, and common challenges, and offer valuable insights for real estate agents to navigate the appraisal process effectively.

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Real Estate Agent Real Estate Agents Appraisal 76

Housing Wire

SEPTEMBER 19, 2023

This will help you set a realistic price and manage your sellers’ expectations. For appraisals that are low, a seller may want to get a second appraisal. If the second appraisal comes back higher, buyers and sellers may feel more comfortable meeting in the middle. At this point, an estimated market value is generated.

Real Estate 450

Real Estate Appraisal Agents Inspection 450

McKissock

AUGUST 24, 2022

To answer that question, we connected with some seasoned pros and asked them to help us identify the best technology for real estate agents. Because we have so many clients, listings, and tasks to handle, my team of agents and I rely on Trello. You no longer need to rush back to the office to scan important documents.

Real Estate Agent 58

Real Estate Agent Real Estate Technology Agents 58

McKissock

JULY 26, 2021

Ever wondered what it takes to work in real estate with celebrities? Being a celebrity real estate agent isn’t too different from working with clients who aren’t famous — but there are a few notable takeaways to focus on each time you have a celebrity client. Privacy is always the best policy.

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Real Estate Agent Real Estate Agents Clients 94

Birmingham Appraisal

JUNE 13, 2023

Appraisal Tips For Real Estate Agents As a real estate appraiser with over 30 years of experience, I have seen many changes and challenges in the appraisal profession and the real estate market. I believe that appraisers and agents have a common goal: to help their clients buy or sell a home.

Real Estate Agent 79

Real Estate Agent Real Estate Agents Reconsideration of Value 79

Housing Wire

APRIL 28, 2021

In 2002, Natalya Delcoure and Norman Miller, two real estate economists, set about to learn what fees consumers pay real estate agents in America. They were especially interested in real estate commissions. On average 6% of the proceeds from each home sale went to the participating real estate agents.

Real Estate 409

Real Estate Real Estate Agent Agents Brokerage 409

Housing Wire

OCTOBER 27, 2023

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. Where should homebuyers start?

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Insurance Real Estate Buyers Real Estate Agent 500

Hank Miller Team

NOVEMBER 16, 2022

Here’s a fun fact, real estate agents in GA have no fiduciary responsibility to their client or customer. Are Real Estate Agents in GA Fiduciaries? In some states, but in Georgia real estate agents are not fiduciaries. It’s incumbent upon both buyers and sellers to do their part as well.

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Real Estate Agent Real Estate Agents Clients 52

Housing Wire

FEBRUARY 16, 2024

The modified rule still gives sellers and their listing brokers a role in setting compensation for buyers’ brokers,” the filing states. According to the DOJ, when a seller makes an offer of compensation to the buyer broker, the buyer broker does not need to compete on their compensation price in order to attract clients.

Sellers 432

Sellers Buyers Real Estate Contracts 432

McKissock

JUNE 26, 2022

Part of knowing your audience as a real estate agent is anticipating what they need and expect from your services. Without accounting for your real estate clients’ common needs and expectations , you might be underperforming and risk losing their business. Handle Negotiations and Close the Deal.

Real Estate Agent 66

Real Estate Agent Clients Real Estate Agents 66

Housing Wire

JANUARY 29, 2024

According to the National Association of Realtors® (NAR), 89% of buyers would recommend their real estate agent to others. Further, their study found that 36% of sellers who worked with an agent found them through a referral by friends or family. Name], thank you so much for choosing me as your real estate agent!

Real Estate 410

Real Estate Clients Real Estate Agent Agents 410

Housing Wire

DECEMBER 7, 2023

Editor in Chief Sarah Wheeler sat down with Tom Cronkright, co-founder and executive chairman of CertifID and CEO of Sun Title , to talk about battling the latest frauds and scams as bad actors leverage a new arsenal of tech tools to wreak havoc on buyers and sellers of real estate. TC: Seller impersonation fraud.

Real Estate 450

Real Estate Sellers Technology Real Estate Agent 450

Housing Wire

JANUARY 29, 2024

In an amended complaint filed on Friday, home sellers Danielle and Jessie Kay (who sold a house in Baden, Pennsylvania, in December 2021 with the help of an agent from Realty One Group Gold Standard ) were added as a plaintiff. The Pennsylvania copycat commission lawsuit has some new defendants and a new plaintiff.

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Brokerage Realty Real Estate Real Estate Agent 408

Housing Wire

AUGUST 21, 2023

In REX’s Lanham Act portion of its lawsuit, the firm alleges that Zillow “falsely labeled REX listings as ‘Other Listings’ rather than ‘Agent Listings’ when REX’s listings were in fact offered by licensed real estate agents,” according to earlier court documents. “It

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Advertising Real Estate Agent Real Estate Agents 370

Housing Wire

JULY 19, 2023

A typical commission dispute arises when, after signing a listing agreement or buyer-broker agreement: A seller-client “cancels” a valid purchase contract. A seller-client cancels a listing. A seller-client permits the property to be foreclosed upon. A seller-client refuses to pay the full amount of the agreed upon commission.

Real Estate 370

Real Estate Legal Brokerage Clients 370

Housing Wire

DECEMBER 7, 2023

The CRM stands out with its lead scoring feature, automated based on agent-defined triggers, helping agents prioritize leads effectively. Why we picked it Wise Agent is celebrated for its user-friendly interface, comprehensive features, and exceptional customer support, making it a top choice for real estate professionals.

Real Estate 441

Real Estate Real Estate Agent Tools Agents 441

Housing Wire

OCTOBER 18, 2023

According to Ketchmark, the home sellers paid an average of $6,700 to the buyer’s agent in the transactions, adding up to $1.78 Ketchmark also brought up Keller’s book “The Millionaire Real Estate Agent,” which discusses the ‘co-opetition’ model that has evolved among rival brokerages. billion in damages.

Agents 432

Agents Training Real Estate Real Estate Agent 432

PennyMac

JULY 20, 2021

Whether you are buying or selling a home, your real estate agent will be your partner through one of the most significant transactions of your life. Finding the right agent should involve careful planning and research, but many of us just don’t know where to start. How long have you been working as a real estate agent?

Real Estate Agent 69

Real Estate Agent Real Estate Agents Sellers 69

Housing Wire

MAY 1, 2024

When HomeServices of America reached a nationwide settlement agreement last week in the commission lawsuits filed by home sellers, it became the final defendant in the two original commission cases, Sitzer/Burnett and Moehrl, to do so. According to court documents, the final approval hearing for NAR’s settlement is set for Nov.

Realtors 420

Realtors Real Estate Agent Real Estate Brokerage 420

Raleigh Realty

FEBRUARY 4, 2022

What is Dual Agency in Real Estate and Should you Avoid it Most buyers and sellers are familiar with how listing agents and buyer’s agents work which leads us to the question of what is dual agency in real estate? What is Dual Agency in Real Estate?

Real Estate 148

Real Estate Real Estate Agent Sellers Agents 148

Lamacchia Realty

FEBRUARY 21, 2024

SELLERS, HERE'S WHAT TO DO IF A BUYER REQUESTS REPAIRS AFTER INSPECTION Selling your home and moving into a new one can be an exciting life chapter. A common issue that sellers should be prepared for is a buyer requesting repairs after the home inspection. So, what do you, as a seller, do in this scenario?

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Inspection Sellers Buyers Agents 70

Housing Wire

SEPTEMBER 16, 2022

For Rocket Pro TPO, home sellers or real estate agents will be funding the program, similar to a buydown program rival United Wholesale Mortgage launched last month. Rocket Mortgage will be covering the difference in mortgage payments in the first 12 months through a special escrow account.

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Mortgage Real Estate Agent Sellers Real Estate 397

Housing Wire

AUGUST 4, 2023

Achieving success as a real estate agent requires more than simply understanding the mechanics of the job. Here are 10 essential skills every real estate agent should possess. Here are 10 essential skills every real estate agent should possess. Another hat to place on your head?

Real Estate Agent 370

Real Estate Agent Real Estate Agents Clients 370

Housing Wire

APRIL 20, 2022

Bonnie Williamson never intended to be a real estate agent. Still, the technology tools and productivity strategies varies greatly, and while some agents take full advantage of the technology suites provided by their brokerages, others have found outside systems and platforms that suit their needs better.

Real Estate Agent 421

Real Estate Agent Real Estate Agents Brokerage 421

Housing Wire

MARCH 25, 2024

They noted that NAR’s settlement prohibits disclosing offers of cooperative compensation, broker compensation or total broker compensation, but it does not address including remarks noting that buyer agent compensation will not be offered. Seller concessions is money that is being given by the seller directly to the buyer,” Papasan said.

Agents 441

Agents Advertising Real Estate Buyers 441

Housing Wire

JANUARY 13, 2021

Coined as Seller Digital, the platform will also allow secondary market lenders to track and validate any Mandatory commitments they are working on in the pipeline. “To The tech will assess the completeness of the loan package when sellers upload required documents and set conditions when information is missing.

Mortgage 367

Mortgage Sellers Technology Real Estate Agent 367

Housing Wire

MARCH 24, 2021

Real estate agents and LOs: the great collaboration. Technology has given consumers the power of choice and expedited the entire real estate purchasing process. ” Jacobson added that, “As an originator, I would never sign that document. Why would anybody sign that document?

Real Estate Agent 384

Real Estate Agent Retail Real Estate Design 384

Housing Wire

DECEMBER 8, 2023

Help them write a winning offer Understand what the seller is desiring beyond the asking price. Ensure a smooth closing process Work with all parties to get final removal of any financing and inspection contingencies, help your buyers navigate the pre-closing walk-through and help them review the closing documents.

Clients 432

Clients Real Estate Inspection Buyers 432

Housing Wire

OCTOBER 3, 2023

This is a dramatic and peculiar stance, given that same company a couple of years ago launched a $1 million annual advertising campaign touting a 1% listing fee, but only if the seller turned into a buyer for them. Meaning, they were counting on buyer agent compensation to pay their bills.

Agents 410

Agents Buyers Training Law 410

McKissock

MAY 4, 2021

Just about every market across the United States saw a huge influx of first-time homebuyers and sellers as a result of record-low mortgage rates and the desire for more space. In today’s hot market you have to move quickly, so help them be prepared mentally and have any documents needed at hand. Become a CE Plus Member today !

Sellers 95

Sellers Marketing Buyers Real Estate 95

Housing Wire

APRIL 6, 2021

Linda (who asked that her real name not be used) beat out a dozen other prospective buyers in a bidding war by offering $445,000 and waiving all contingencies. With others waiting in line behind her, the seller wouldn’t budge on price. The seller decided to counter back multiple people at $445,000 + no contingencies.

Appraisal 540

Appraisal Reconsideration of Value Real Estate Agent Sellers 540

Housing Wire

OCTOBER 23, 2023

This includes financials, organizational documents, agent productivity reports, operating metrics, vendor contracts, lease agreements, employment agreements, insurance documents, and more. Sellers must be prepared for complete transparency and to provide the innermost details of their company.

Real Estate 421

Real Estate Brokerage Valuation Contracts 421