Housing Wire
OCTOBER 9, 2023
If you’re interested in becoming a real estate agent in Illinois, you’ll be happy to hear that the path to getting your real estate license in the Prairie State doesn’t require as much of a time commitment as other states. 1] As a real estate broker in Illinois, it is not legal for you to work independently.
Housing Wire
APRIL 15, 2024
Fannie Mae and Freddie Mac will not count buyer’s agent commissions as part of their allowable interested party contributions (IPCs), according to announcements from the government-sponsored enterprises (GSEs) on Monday.
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Housing Wire
MARCH 28, 2024
At the moment, IPCs “include concessions from the seller to the buyer for items that are traditionally paid by the buyer such as loan closing costs or rate buy-downs,” but as buyer agents are customarily paid by the listing agent, their fees are excluded from caps on the IPCs.
Real Estate News
OCTOBER 10, 2023
Government policies and the rise of remote work contributed to declining affordability, but real estate agents have an opportunity to show their value.
Housing Wire
APRIL 23, 2024
In the purchase space, Martell said that real estate agents are the company’s “biggest source” of leads and are all “trying to figure out” what the NAR settlement will mean for the market. ” “The government is disrupting some of their sites, but we need more of that. ”
Housing Wire
MARCH 12, 2024
In the past, we never talked about co-borrowers — obviously, husband and wife, you know, that’s your co-borrower,” said Edgar Garcia, a real estate agent at Revolve Realty in El Paso, Texas. But last year I had co-borrowers where the dad was jumping in, the mom jumping in. I’ve even seen grandparents jump in.
Housing Wire
FEBRUARY 1, 2024
Prior to that, Landon was the vice president of government affairs for the San Antonio Board of Realtors. It is currently named in two copycat commission lawsuits , in which it and other real estate players are accused of colluding to artificially inflate real estate agent commissions.
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