Housing Wire

APRIL 17, 2024

The spring home-buying season got off to a slow start in California , where sales of single-family homes declined from February to March, according to a report released Wednesday by the California Association of Realtors (CAR). Fewer insurance options may be hampering sales in the Golden State. during the month and by 4.4% to $854,490.

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Insurance Housing Market Realtors Inventory 401

Housing Wire

NOVEMBER 8, 2023

The National Association of Realtors (NAR) on Wednesday unveiled its state flood disclosure tracker tool , aiming to offer clarity and access to survey existing state disclosure requirements for flood insurance. Data from the Legal Research Center concluded that all 50 states and Washington, D.C., America’s 1.5

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Legal Law Insurance Real Estate 348

Housing Wire

APRIL 9, 2024

Another issue is home sellers’ bias against homebuyers using FHA loans, where offers from non-FHA borrowers are often selected even though lower in price. CHLA commends FHA for its work on its “Mythbusters” initiative, designed to blow up the myths around FHA loans by educating lenders and home sellers.

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Sellers Realty Insurance Realtors 442

Housing Wire

MAY 14, 2024

Another issue is home sellers’ bias against buyers using FHA loans, where offers from non-FHA borrowers are often selected even though lower in price. CHLA commends FHA for its work on its “Mythbusters” initiative, designed to blow up the myths around FHA loans by educating lenders and home sellers.

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Sellers Realty Insurance Realtors 321

Housing Wire

APRIL 23, 2024

(Photo Credit: AJ Canaria) While industry leaders may be taking a more optimistic view on some of the changes triggered by the commission lawsuits and how the National Association of Realtors settled them, they still feel strongly that changes to the commission structure will have an overall negative impact on consumers. “I

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Brokerage Sellers Buyers Agents 319

Housing Wire

OCTOBER 24, 2023

KANSAS CITY, Missouri — National Association of Realtors CEO Bob Goldberg was back on the stand Tuesday morning at the start of the seventh day of the Sitzer/Burnett class-action buyer broker commission antitrust lawsuit. This means sellers wind up paying inflated commissions at closing.

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Realtors Agents Clients Buyers 414

Housing Wire

NOVEMBER 7, 2023

VA loans offer a 100% financing option for qualifying military service members and veterans, and don’t require mortgage insurance. Not helping FHA, VA borrowers get off the sidelines Under current FHA rules, sellers can contribute up to 6% in concessions to FHA borrowers to cover closing costs, prepaid expenses and discount points.

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Agents Sellers Buyers Finance 452

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. With the guidance of your trusted REALTOR®, you can be prepared to handle anything and bring your transaction to a smooth close. So, what do you, as a seller, do in this scenario?

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Inspection Sellers Buyers Agents 70

Housing Wire

FEBRUARY 20, 2024

The legislation generally prohibits a residential home seller from (1) conditioning the sale on the potential buyer waiving or limiting an inspection; or (2) accepting an offer if they have been informed in advance that the prospective buyer intends to waive their right to an inspection,” the Connecticut research report states. Binney said.

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Inspection Real Estate Agent Real Estate Insurance 401

Lamacchia Realty

NOVEMBER 8, 2023

6 SMART STRATEGIES TO LOWER YOUR HOME INSURANCE COSTS Anyone who owns a house understands just how important home insurance is – it protects what is most people’s most significant investment. When unexpected disasters or damages strike, home insurance can be the key to getting back on track in the aftermath of tragedy.

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Insurance Market Value Realty Investing 65

Housing Wire

OCTOBER 31, 2023

He is a 20-year member of the National Association of Realtors and has served on his local Realtor association’s board of directors, budget committee, grievance committee, professional standards committee and scholarship committee. Turning now to the National Association of Realtors (NAR). Easier on the taxpayer.

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Real Estate Realtors Agents Buyers 407

The Robert Weiler Company

DECEMBER 9, 2022

When you think of the terms commercial real estate agent, broker, or realtor, do you use them interchangeably? It’s no wonder commercial real estate vs broker vs realtor remains indistinguishable! So, stay tuned to receive the actual definitions for a commercial real estate agent, broker, and realtor.

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Real Estate Agent Realtors Real Estate Agents 78

Housing Wire

MARCH 14, 2022

As the principal broker for a RE/MAX franchise in coastal Cannon Beach, Oregon, Alaina Giguiere’s typical responsibilities include marketing homes for sellers, touring homes with buyers, generating new business leads, managing client relationships, and drafting and reviewing contracts with buyers and sellers.

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Real Estate Insurance Law Real Estate Agent 405

Housing Wire

APRIL 16, 2024

Due to major policy changes from federal agencies and the proposed settlement agreement by the National Association of Realtors (NAR) in the commission lawsuits, more companies and professionals are venturing into dual licensing — also called dual capacity. It’s something I didn’t anticipate, but I understand it.”

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Real Estate Agent Loan Officers Real Estate Agents 434

Housing Wire

AUGUST 23, 2023

” Better is partnering with other businesses to offer services such as homeowner’s insurance and to provide access to a network of real estate agents, rather than offering these products and services directly to borrowers. But more recently, we have partnered with Realtors. ” And what is Better.com best at?

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Realtors Technology Insurance Mortgage 365

Housing Wire

SEPTEMBER 15, 2023

FHA mortgage programs The Federal Housing Administration (FHA) provides easy-to-qualify government insured loans. They’re a little known resource for many Realtors. VA loans are not well understood by many Realtors. Additionally, qualified borrowers do not need to pay for mortgage insurance, unlike with FHA mortgage plans.

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Real Estate Government Law Buyers 408

Housing Wire

MAY 25, 2023

Its sleek and clean interface offers immediate access to crucial order details, including property address, map, buyer and seller names, settlement date, and recently completed milestones. For instance, a realtor may have multiple properties in progress with more than one settlement agent.

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Realtors Agents Clients Real Estate 328

Housing Wire

JANUARY 9, 2024

However, the suit is seeking both national and Illinois class action status for all persons who purchased a home listed on a NAR MLS with a buyer’s agent and or seller-agent employed or affiliated with @properties or any of its franchises, subsidiaries, or agencies between March 17, 2000, and the present.

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Property Management Real Estate Agents Brokerage 384

Housing Wire

MAY 10, 2023

Indexes that contributed to the annual increase were food (+7.7%), motor vehicle insurance (+15.5%), household furnishings and operations (+5.3%), recreation (+5.0%), and new vehicles (+5.4%). Major contributors to this increase included used cards and trucks (4.4%), motor vehicle insurance (1.4%), and energy (+0.6%, thanks to a +3.0%

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Housing Market Insurance Realtors Buyers 366

Housing Wire

MAY 8, 2023

I have been in the mortgage industry for nine years, with my loan officer in the industry for 19 years and my Realtor for over 10 years. I had written a dozen or so mortgage assumption content pieces for various mortgage lenders and realtors, but have never seen a single deal shake out. I would recommend checking the option out.

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Mortgage Marketing Realtors Sellers 394

Housing Wire

OCTOBER 13, 2023

Berg and ALTA One attendees also highlight the recent uptick in seller impersonation fraud , which occurs when a fraudster poses as the owner of a vacant lot or vacation home who is looking to sell the property. Our realtor partners are hurting,” Berg said. That is about $2 million in lost funds.”

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Real Estate Agent Real Estate Agents Sellers 420

Housing Wire

APRIL 26, 2023

According to the National Association of Realtors (NAR) 2022 Profile of Homebuyers and Sellers report, just 22% of homebuyers financed their home purchase between July 2021 and June of 2022. real estate market to launder money. FinCEN previously announced expansions to its GTOs in late October of 2022.

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Real Estate Law Realtors Finance 312

Listing Spark

DECEMBER 6, 2023

Both lawyers and real estate agents can provide helpful guidance during a home sale, but that support comes at such a steep price that many home sellers prefer to manage the entire process on their own. Knowing how to sell your home without a realtor can easily save you thousands of dollars on closing costs and fees.

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Realtors Real Estate Agent Real Estate Agents 36

Housing Wire

MAY 24, 2023

According to the National Association of Realtors’ 2023 Home Buyers and Sellers Generational Trends Report, approximately one in four homebuyers today are first-time buyers. In the meantime, we encourage homebuyers, sellers, and real estate professionals to remain vigilant.

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Real Estate Buyers Real Estate Agent Sellers 374

Housing Wire

MARCH 28, 2024

Yes, the process of orchestrating the collaboration of lenders, appraisers , home inspectors, one or two real estate agents, a title insurance company, and possibly others is complex. But there’s also room for improvement. It doesn’t lend itself to a 24-hour cycle.

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HOA Property Management Real Estate Agent Technology 439

Housing Wire

MAY 6, 2024

Real estate agents, staging professionals, appraisers, inspectors, surveyors, lenders, lawyers, title agents, escrow officers, closers, notaries, recorders, homeowners’ association reps, insurance agents, tax and flood service providers, moving companies, and landscapers may all be drawn into this web of activity.

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Real Estate Agent Real Estate Project Management Agents 323

Listing Spark

NOVEMBER 11, 2022

One of these includes figuring out the required paperwork for selling a house without a realtor. In this blog post, we’ll go over the basics of what you need to do in order to sell your home without an agent, including the necessary paperwork for selling a house without a realtor in Texas. 1) Market the home for sale.

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Realtors Contracts HOA Sellers 36

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. But, collectively at the Denver Metro Association of Realtors (DMAR), we all agree that this is really no longer the case and hasn’t been for some time. Sellers are even using this as a tool to attract buyers.

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Agents Buyers Sellers Inventory 401

Housing Wire

AUGUST 9, 2022

BH: Your fabulous side is definitely showcased on your social media platforms – you do a great job of highlighting your personality, while educating people about title insurance. Sometimes we are even the ones who recommend their realtor which is kind of the opposite of how things normally work. How did you start using social media?

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Real Estate Agent Real Estate Insurance Business 377

Housing Wire

MAY 25, 2023

The National Association of Realtors (NAR) estimates that baby boomers made up roughly 39%, or 2.32 The big difference is that monthly mortgage payments are optional so long as the borrower continues to maintain the home and pay their property taxes and insurance,” Cooper said. According to data from Statista , there were roughly 5.95

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Loan Officers Real Estate Agent Real Estate Finance 390

Lamacchia Realty

MARCH 26, 2024

Condo sales in particular have experienced a significant decline in recent weeks which can be attributed to the ongoing insurance crisis in the state and to the increased association fees and/or added special assessments for condos due to the more stringent regulations resulting from the tragic Champlain Tower Collapse in Surfside, Florida.

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Bracketing HOA Sellers Buyers 61

Housing Wire

NOVEMBER 8, 2021

Next, he has his buyers write a letter to the seller, a practice that has come under scrutiny lately for creating potential biases. I’d say there is a 50/50 chance of a letter having an impact on sellers, but when things are tough, it’s worth a shot,” Pascoe said. More education is really the only way to improve this situation.”.

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Clients Agents Buyers Sellers 391

Housing Wire

NOVEMBER 22, 2023

The process of orchestrating the collaboration of lenders, appraisers, home inspectors, one or two real estate agents, a title insurance company and possibly others is complex. When asked why it takes an average of six to seven weeks to get to closing, there are a lot of complex (and honest) answers. But there’s also room for improvement.

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HOA Real Estate Agent Technology Real Estate 418

Lamacchia Realty

SEPTEMBER 20, 2023

EVERYTHING YOU NEED TO KNOW ABOUT CLOSING COST CREDITS Buyers , sellers , and sometimes even real estate agents get confused with how closing cost credits work. Closing cost credits doesn’t hurt the seller in any way. In fact, they help sellers because many buyers cannot buy without them. That is no longer allowed.

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Sellers Buyers Property Taxes Inspection 62

Empire Appraisal Group

NOVEMBER 30, 2023

Transactions are also falling apart due to skyrocketing insurance premiums and disagreements between buyers and sellers over necessary repairs. Overall, buyers hold a lot of the cards right now, and sellers are having to give out more concessions to close the deal.” appeared first on Empire Appraisal Group.

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Buyers Sellers Insurance Realtors 78

Raleigh Realty

SEPTEMBER 2, 2022

So whether you're a first-time home buyer or an experienced seller, stay tuned, because we’re going to tell you everything you need to know. Title Fees Home Appraisal Fee Home Inspection Fee Homeowner’s Insurance Fee Transfer Tax Escrow Fees Loan Origination Fees Closing Costs FAQs How Much Are Closing Costs? Who Pays Closing Costs?

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Buyers Insurance Inspection Sellers 78

Housing Wire

APRIL 12, 2022

In return, the Samson agent is asked – not told, asked – to refer clients to Cardinal Title Group , a title insurer wholly owned by Samson. “I DOJ has swooped into lawsuits against the National Association of Realtors and top brokerage firms. From one perspective, the U.S. real estate agent is in peril. Samson reported $9.6

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Brokerage Agents Real Estate Insurance 370