Housing Wire

OCTOBER 31, 2023

Phillip Cantrell is the CEO of Benchmark Realty LLC based in Franklin, Tennessee and the executive vice president of Strategy for United Real Estate. The rule change will prohibit listing brokers from paying buyer’s agents and will instead require sellers to pay them directly if they choose to pay them at all.

Real Estate 417

Real Estate Realtors Agents Buyers 417

Housing Wire

APRIL 26, 2024

FHA will move forward with its proposal that permits contributions by the property seller, real estate agent, builder, or developer to HECM for Purchase borrowers’ closing costs,” the update said.

Real Estate Agent 455

Real Estate Agent Development Real Estate Law 455

Housing Wire

APRIL 12, 2023

Among those targets were a Memphis-based real estate company and a title company in Washington state that combined were swindled out of more than $200,000 through the scam. The victims targeted can be lenders, real estate agents, title companies and other escrow agents, attorneys as well as homebuyers and sellers.

Real Estate 379

Real Estate Government Technology Real Estate Agent 379

Housing Wire

NOVEMBER 15, 2023

The wholesale lender will cover up to $600 of the appraisal cost on all conventional and government-backed home loans until March 31 when a broker uses UWM’s 1-0 temporary rate buydown. The escrow account is funded by either the seller, builder or lender via a lump-sum payment at closing.

Appraisal 417

Appraisal Real Estate Agent Sellers Government 417

Housing Wire

APRIL 30, 2024

AARP concerns “FHA will move forward with its proposal that permits contributions by the property seller, real estate agent, builder, or developer to HECM for Purchase borrowers’ closing costs,” HUD said in its update to the policy. Certner cited fair lending concerns and the potential of undue borrower influence.

Mortgage 366

Mortgage Real Estate Agent Sellers Construction 366

Housing Wire

MAY 3, 2023

On Friday afternoon, my real estate agent called with good news. The agent wished me well and said that she would appreciate a review on her website. It wasn’t so long ago that experts said the internet would drastically bring down agent commissions. I briefly considered a “listing only” agent , but chickened out.

Agents 408

Agents Real Estate Agent Brokerage Real Estate 408

Housing Wire

OCTOBER 20, 2023

No seller must use a real estate agent to sell a home — ever. In fact, considering inter-family and estate transfers as well as for-sale-by-owners, as many as 20% of all transactions may not include the use of an agent. Consumers are free to sell or buy a home without an agent — and consumers know this.

Real Estate Agent 431

Real Estate Agent Real Estate Brokerage Agents 431

Housing Wire

APRIL 23, 2024

That’s kind of evaporated,” Martell said on Tuesday morning in a session during The Gathering , HousingWire’s real estate and mortgage conference held in Scottsdale, Arizona. ” “The government is disrupting some of their sites, but we need more of that. Judge Stephen R. ”

Mortgage 314

Mortgage Real Estate Agent Real Estate Renovations 314

Housing Wire

MAY 17, 2024

In just the past year, the Department of Justice has called for a full dislocation of real estate agent commissions between sellers and buyers, and new appraisal bias protections have been set up.

Lending 407

Lending Real Estate Agent Contracts Government 407

Housing Wire

NOVEMBER 9, 2023

“We’ve definitely seen a movement in the last few years to be more ‘end-consumer friendly’ if you will — making sure that they are protected, not only in knowing their rights, but that they are protected from all the cost that is associated with the real estate transaction,” Braga said.

Legal 390

Legal Real Estate Real Estate Agent Law 390

The Appraiser Coach

SEPTEMBER 14, 2021

We frustrate buyers, sellers, loan officers and, sometimes, real estate agents. Appraisers have been accused of being “speed bumps” in the lending process. In some ways, I can understand their. Read More.

Agents 370

Agents Appraisal Real Estate Agent Loan Officers 370

Housing Wire

FEBRUARY 16, 2024

The Department of Justice (DOJ) is asking the real estate industry to consider a world without the practice of cooperative compensation. The modified rule still gives sellers and their listing brokers a role in setting compensation for buyers’ brokers,” the filing states.

Sellers 432

Sellers Buyers Real Estate Contracts 432

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. Although the settlement agreements are still awaiting final approval from Judge Stephen R.

Realtors 376

Realtors Real Estate Agent Real Estate Brokerage 376

Housing Wire

FEBRUARY 22, 2024

When the Department of Justice (DOJ) revealed last week the changes it would like to see in how real estate agents and brokers are compensated through its statement of interest filed in the MLS Property Information Network commission lawsuit , few in the real estate industry were surprised by the agency’s desire to decouple commissions.

Sellers 421

Sellers Buyers Real Estate Agents 421

Housing Wire

SEPTEMBER 7, 2023

For most real estate agents, working with a reliable lending partner is essential to a smooth and successful transaction. That partnership is everything,” Amy Breach, a Seattle-based Keller Williams agent, told HousingWire in late 2022. Anywhere Real Estate just settled two of the cases for a total of $83.5

Buyers 395

Buyers Agents Loan Officers Real Estate 395

Housing Wire

NOVEMBER 16, 2021

Change is inevitable, and there is arguably no industry more prone to change than American real estate. From rapid technological advancements employed by real estate agents to innovations surrounding ways consumers can view housing information, the market has continued to adapt and evolve to better serve American consumers.

Real Estate Agent 361

Real Estate Agent Agents Sellers Real Estate 361

Housing Wire

FEBRUARY 7, 2023

It essentially allows qualified buyers with a government loan to purchase a home by assuming responsibility for the sellers’ mortgage terms, including the current balance and interest rate. It also allows home sellers to receive top dollar for the home, he said. The product, known as an assumable mortgage, is not new.

Mortgage 382

Mortgage Loan Officers Government Buyers 382

Housing Wire

APRIL 25, 2023

For Rocket Pro TPO, home sellers or real estate agents funded the program for borrowers. “We’re Launched in September 2022, Rocket Mortgage’s Inflation Buster, which ended on March 31, covered the difference in mortgage payments in the first 12 months through a special escrow.

Buyers 352

Buyers Finance Real Estate Agent Government 352

Housing Wire

MARCH 1, 2022

Later in 2020, eOriginal was acquired by Wolters Kluwer for $280 million in cash and continues to operate within the Wolters Kluwer Governance, Risk & Compliance business. This isn’t a new story in mortgage lending or real estate brokerage. Real estate is local. Tech100 Real Estate Winners.

Real Estate 361

Real Estate Brokerage Real Estate Agent Technology 361

Housing Wire

NOVEMBER 1, 2023

In metros across the country, decade after decade, pre-internet and post-internet, buyer agents almost always get 2-3% of the sale price, paid by the seller, the researchers note. and relied on salaried agents rather than commission-paid agents, who typically cost sellers 5-6%.

Clients 431

Clients Agents Buyers Sellers 431

Raleigh Realty

MARCH 29, 2021

Buying a Home As a Government Employee Are you a government employee preparing to buy a home? With the right resources, you can ensure a successful investment and one in which you may save tens of thousands of dollars thanks to being a government employee. Who Is a Government Employee?

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Government Real Estate Agent Insurance Property Taxes 148

Cleveland Appraisal Blog

FEBRUARY 7, 2023

Just in case you weren’t aware, real estate brokers in some states, like Ohio, are now required by law to show you the home’s interior living space. To achieve that, you must demonstrate to the local government that that’s the case. One is putting your home on the market. – APPRAISAL TODAY Market Target?

Real Estate Agent 295

Real Estate Agent Property Taxes Real Estate Appraisal 295

Housing Wire

JANUARY 17, 2023

A subsidiary of HomeServices of America and owner of about 40 real estate brands across the country, the lender’s success is tied to its affiliated real estate brokerages’ business. The Virginia-based mortgage bank sponsors 679 loan originators and has 492 branches, according to the NMLS.

Mortgage 386

Mortgage Real Estate Real Estate Agent Realtors 386

Housing Wire

MARCH 5, 2024

Raunaq Singh wanted to capitalize on that opportunity and founded Roam , a platform that helps buyers and sellers with the assumption process. Roam acts as a facilitator, synchronizing all stakeholders involved in the assumption process, including real estate, title and escrow agents, attorneys, and the buyer and seller themselves.

Mortgage 432

Mortgage Buyers Agents Real Estate Agent 432

Miller Samuel

JUNE 28, 2020

New York State “Shelter in Place” rules prevented the in-person showing of a property by a real estate broker. While I have been a real estate appraiser and market analyst for 35 years, I dipped my toe into real estate as a sales agent in Chicagoland for six months in the mid-1980s. Lesson learned.

Housing Market 221

Housing Market Marketing Real Estate Sellers 221

Housing Wire

JULY 19, 2022

Michael Loftin, CEO of Homewise , whose work revolves around sustainable homeownership, suggested HUD take a cue from the government-sponsored enterprises. Loftin also suggested a subsidy for real estate agents, because “they can’t make a living selling $40,000 homes.”

Mortgage 384

Mortgage Finance Lending Development 384

Housing Wire

OCTOBER 1, 2021

It is hot, hot, hot here,” Clay Winder, a real estate agent for Keller Williams Westfield , said. If the house is over the average days on the market, buyers can offer list price, but if it’s new to the market on an opening weekend, they might go $5,000 to $10,000 over,” Becca Summers, a local Keller Williams agent said.

Housing Market 421

Housing Market Marketing Agents Real Estate 421

Housing Wire

NOVEMBER 22, 2021

In this Q&A, Senior Real Estate Reporter Matthew Blake gives HW+ members the inside scoop on what happened at NAR ‘s annual conference. Meanwhile, giant real estate companies like Compass and eXp had a very limited presence, as did Zillow and Redfin. Who was there and who wasn’t was also surprising.

Real Estate 328

Real Estate Agents Real Estate Agent Buyers 328

Housing Wire

JULY 12, 2022

Starting in July, the government-sponsored enterprise will allow remote inspections on some refinance loans it buys. An agent does a floorplan scan when they make a listing. The seller accepts it; they go into contract. After all, it wasn’t so long ago appraisers received assignments via fax machine. An offer comes in at 5 p.m.

Appraisal 410

Appraisal Inspection Real Estate Agent Training 410

Appraisal Buzz

SEPTEMBER 26, 2022

The “official unofficial” government-related loan definition of market value is clear. It says buyer and seller are: Prudent and knowledgeable. Implicit in this definition is the consummation of a sale as of a specified date and the passing of title from seller to buyer under conditions whereby? How can this be? Let’s Pretend.

Market Value 321

Market Value Sellers Buyers Finance 321

Miller Samuel

NOVEMBER 30, 2018

One group not explicitly mentioned in the petition but impacted down the road are real estate agents and brokers. If the buyer realizes they overpaid for the property, the agents are now the professionals with the bullseye on their back. The seller and the buyer determined the market value by agreeing on the price."

Appraisal 300

Appraisal Inspection Real Estate Agent Agents 300

Housing Wire

APRIL 12, 2022

Donny Samson is quite aware of this particular moment in residential real estate history. “I I try to kill them with kindness,” Samson said, giving agents “the resources to build that relationship” with Cardinal Title. real estate agent is in peril. Wait, do Samson agents like this? I can’t make them.

Brokerage 370

Brokerage Agents Real Estate Insurance 370

Housing Wire

OCTOBER 16, 2023

Not to mention the current mortgage rates at decades-high levels as well as sellers who are locked in with pandemic low rates. Here are the following strategies agents can use to guide first-time homebuyers toward achieving this monumental step. Sellers are even using this as a tool to attract buyers. It never will be.

Agents 408

Agents Buyers Sellers Inventory 408

Housing Wire

NOVEMBER 5, 2023

In an ever-changing real estate market, agents are looking for the best way to generate leads. In light of the recent NAR lawsuit outcome , seller leads are even more crucial. There are numerous tech tools available to agents to help with prospecting. Buying leads is easy but expensive. You’re not alone.

Real Estate 209

Real Estate Tools Real Estate Agent Agents 209

Realtor

APRIL 14, 2021

But there are still many great opportunities if you’re patient and have a great real estate agent and lender.”. Some sellers are even receiving dozens of all-cash offers. This demonstrates to the seller that you want the home and are able to pay top dollar to get it. “In Research down payment assistance programs.

Mortgage 159

Mortgage Real Estate Agent Buyers Real Estate 159

Lamacchia Realty

MARCH 17, 2023

Understanding the difference between these two values can help you make informed decisions when it comes to buying or selling a property Assessed Value Assessed value is a value that is assigned to a property by the local government for taxation purposes.

Market Value 73

Market Value Marketing Real Estate Agent Real Estate 73

The Robert Weiler Company

OCTOBER 21, 2022

Feeling a bit overwhelmed by the thought of a commercial real estate appraisal? The process can be daunting, especially if you’ve never engaged in an appraisal for commercial real estate before. Question 1: What is a commercial real estate appraisal? So, why do you need a commercial real estate appraisal?

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Real Estate Appraisal Property Appraisal Valuation 60