Housing Wire

MARCH 29, 2023

While lower cost of capital will likely bring buyers back in a meaningful way, the latest market instability and the Federal Reserve ’s federal funds rate hike will stress a lot of real estate agents, mortgage advisors and lenders to the core, said Daniel Arias, loan officer at We Fund LA , a division of New American Funding.

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Mortgage Real Estate Agent Buyers Loan Officers 410

Housing Wire

NOVEMBER 7, 2023

Though this seems like a whole new stress-inducing worry for many real estate agents , the fact is that commissions have never been a set amount, just an expectation or a tradition in many markets. One of the top concerns for homebuyers as well as agents right now is the historic lack of inventory. Be a matchmaker.

Clients 430

Clients Buyers Real Estate Agent Real Estate 430

Housing Wire

SEPTEMBER 30, 2021

Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. This is sick, and I want it to end,” said Sharon Aubuchon, a RE/MAX Premier Realty agent in Prairie Village, Kansas a suburb of Kansas City. Kansas City, Missouri.

Housing Market 370

Housing Market Marketing Real Estate Agent Loan Officers 370

Housing Wire

FEBRUARY 7, 2023

And many buyers are waiting on the sidelines, paralyzed by low housing inventory and high rates. 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. So why is this program so rare?

Mortgage 384

Mortgage Loan Officers Government Buyers 384

Housing Wire

MARCH 6, 2023

The combination of an economic uncertainty, high mortgage rates and persisting affordability challenges will further reduce purchase demand, which keeps Monson and thousands of loan officers up at night. For instance, most loan officers don’t see the point of their clients buying down rates by paying a lot of money upfront.

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Loan Officers Inventory Real Estate Agent Buyers 384

Housing Wire

APRIL 7, 2021

Inversely, data from Zillow showed for-sale inventory climb the highest in four major real estate markets – Los Angeles, Chicago, San Francisco, and New York. ” Real estate agents and LOs: the great collaboration. . ” Real estate agents and LOs: the great collaboration.

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Housing Market Marketing Real Estate Technology 545

Housing Wire

JULY 25, 2022

Local real estate agents, loan officers and appraisers from each city share what characteristics are currently defining their housing markets. Last spring was completely insane,” said Sarah Goodyear, an agent on the local Coldwell Banker-based Choice Team. “We Rapid City, South Dakota.

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Housing Market Marketing Real Estate Real Estate Agent 369

Realtor

OCTOBER 16, 2023

And while there are ways to lower those costs , navigating the home loan process is extremely complicated—particularly for first-time homebuyers. This can give buyers the edge, as Ameer points out, “given today’s tight market with low inventory. ” 9. . ” 10.

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Mortgage Real Estate Agent Real Estate Buyers 190

Housing Wire

NOVEMBER 8, 2021

“This is an absolute must, especially in the market right now as it gives the lender an opportunity to fill the listing agent in on the buyer’s background and how the VA loan process works,” Pascoe explained. Alex Naumovych, a loan officer at Draper & Kramer , has noticed similar trends in his work at a lender.

Clients 397

Clients Agents Buyers Sellers 397

Housing Wire

APRIL 14, 2022

A seasoned retail and commercial banking salesman in Fort Wayne, Indiana, the 39-year-old Woodward joined Interfirst Mortgage as a loan officer in October 2020 after a recommendation from an old college friend. “I had not done first mortgage lending before, but I was familiar with the basics of real estate lending.

Mortgage 522

Mortgage Marketing Retail Lending 522

Eppraisal

APRIL 20, 2021

It's a sizzling, fast-paced seller's real estate market right now. Due in part to the inventory of available homes for sale being historically low, it was low at the end of 2019 and continues to drop. Your loan officer may even put your file through an initial underwriting.

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Sellers Loan Officers Inventory Home Value 66

Housing Wire

DECEMBER 28, 2023

In his 20 years in mortgage banking, no year has compared to 2023 in terms of difficulty, said Ben Cohen, Guaranteed Rate ’s managing director and a top-producing loan officer. It was another brutal year, pushing loan originators to work longer hours, close loans faster while diversifying their mortgage product offerings.

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Business Mortgage Loan Officers Inventory 432

Cornerstone

JULY 1, 2021

Here’s an overview of why selling your house now may be optimal: Because inventory is so tight and demand is so high, buyers are competing for limited listings as homes fly off the market. Housing inventory still sits far below the six-month supply threshold required to uphold a healthy market.*

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Sellers Buyers Real Estate Agent Inventory 61

Cornerstone

JANUARY 7, 2022

Now it’s 2022, and both homebuyers and sellers have questions. With more housing inventory to hit the market, the intense multiple offers will start to ease. More sellers should list. “We months — significantly lower than the 6-month supply required for healthy housing inventory levels that satisfy homebuyer demand.

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Housing Market Marketing Sellers Inventory 52

Cornerstone

SEPTEMBER 3, 2021

A very specific set of circumstances are bringing opportunities for both homebuyers and sellers. A housing inventory shortage. Thankfully, housing inventory levels have slowly begun to rise. And yet, though small inventory gains have been made, total housing inventory is still tight in most parts of the U.S.

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Housing Market Marketing Inventory Loan Officers 49

Genworth MI Blog

JANUARY 24, 2019

Whether you’re a loan officer, loan processor, or underwriter, you have the power to detect and report various types of fraud. Failure of loan officer/processor/underwriter to disclose pertinent info which could negatively impact the decision. Lack of due diligence by loan officers or others involved in process.

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Loan Officers Mortgage Buyers Real Estate Agent 78

Genworth MI Blog

JANUARY 24, 2019

Whether you’re a loan officer, loan processor, or underwriter, you have the power to detect and report various types of fraud. Failure of loan officer/processor/underwriter to disclose pertinent info which could negatively impact the decision. Lack of due diligence by loan officers or others involved in process.

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Loan Officers Mortgage Buyers Real Estate Agent 60

Cornerstone

MAY 4, 2021

But today, housing inventory has dropped far below this level: The National Association of REALTORS® (NAR) reports that there’s currently just a 2.1-month Before you decide to renovate, get in touch with a real estate agent and determine if it’s the most beneficial choice based on your local market and the state of your house.

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Renovations Home Improvement Loan Officers Real Estate Agent 41

Cornerstone

JUNE 8, 2021

Homes.com published a new survey highlighting these worries, plus the conditions needed to help sellers feel more comfortable. The demands of these buyers give sellers enormous leverage. Just ask your real estate agent which projects are worth your resources to boost your listing, without overspending.

Marketing 46

Marketing Sellers Renovations Loan Officers 46

Housing Wire

MAY 10, 2023

You may have heard the good news: In recent weeks, several mortgage and real estate brokerage execs have exclaimed that we may have already reached the bottom of the market. For prospective home buyers and sellers, that could mean a gradual decline in mortgage rates , which would unlock inventory and—dare I say—sales activity.

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Loan Officers Marketing Inventory Real Estate Agent 384

PennyMac

DECEMBER 22, 2020

REO properties are attractive to homebuyers or real estate investors for several reasons. In many cases, lenders are motivated sellers who do not want to sit on their REO inventory, and (depending on the bank’s history with the property) these homes may be priced at a discount. Step 9: Finalize Your Loan.

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Inspection Real Estate Agent Real Estate Agents 69

Housing Wire

JULY 25, 2023

My customer is the real estate agent. Loan officers — myself included — need to strengthen their mindset. MW: As far as the inventory levels go, this is something that I’ve been focusing on and specializing in for years. Because, as an originator, my No. 1 competitive advantage is singleness of purpose.

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Real Estate Agent Mortgage Real Estate Training 334

Housing Wire

MARCH 25, 2021

real estate agents, who are independent contractors. Benefits are available for all RE/MAX agents starting April 1, a company spokesperson confirmed, except those in Hawaii, where “coverage is forthcoming.”. Real estate agents and LOs: the great collaboration. The latest change?

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Brokerage Agents Real Estate Agent Real Estate 410

Cleveland Appraisal Blog

MARCH 30, 2021

There is a lot of demand out there, with very little inventory. It may be due to inventory levels continuing to drop. My advice to agents and sellers is to really analyze the properties that they are using to develop their asking price. This is not the only place people are shelling out a lot of bread! .

Housing Market 367

Housing Market Marketing Reconsideration of Value Contracts 367

Assurance Financial

DECEMBER 20, 2021

If you have a good real estate agent and time your home sale optimally, you could get up to full or more than the asking price for your home. This seller’s market means you will have more power in selling your current home. Less Debt and More Savings. Linked sources: [link].

Mortgage 69

Mortgage Renovations Buyers Investing 69

Cornerstone

MARCH 3, 2021

Though we’re currently in a seller’s market, it’s still vital to set the right price for your home if you want it to sell profitably — and fast. The good news about housing inventory recently hitting an all-time low is that this puts sellers in the driver’s seat. Here’s a local loan officer who can help.

Sellers 55

Sellers Bracketing Buyers Inventory 55

Housing Wire

MARCH 19, 2024

“There will be market reactions to this settlement, and it will create openings for other business models where we want the buyer represented, but the seller may not want to pay 3% for a buyer’s agent,” Broeksmit said on Tuesday morning during the MBA’s National Advocacy Conference in Washington, D.C. “One

Loan Officers 500

Loan Officers Real Estate Agent Real Estate Agents 500

Appraisal Today

OCTOBER 14, 2022

Appraisers who excel in this specialized field are generally those who “are willing to spend the time necessary to complete extensive research, are willing to write detailed appraisal reports, and are willing to communicate and interact with real estate agents and builders in the luxury real estate market,”.

Appraisal 52

Appraisal Insurance Real Estate Business 52

Appraisal Today

AUGUST 13, 2023

Dear Sellers, the housing market misses you It’s tough to value properties today! As I talk with appraiser colleagues and real estate agents, I’m hearing this sentiment quite a bit. I have not had time to use it, but have been reading and watching demos about how it can be used for appraisers for awhile.

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Appraisal Contracts Real Estate Agent Mortgage 75