Housing Wire

NOVEMBER 23, 2022

What helped Erica Davis, a loan originator at Guild Mortgage , in the current high-rate environment is a seller-funded temporary 2-1 rate buydown. In a high-rate environment, lenders call the temporary rate buydown a win-win strategy for both sellers and buyers when used appropriately. in the second year.

Buyers 464

Buyers Marketing Sellers Loan Officers 464

McKissock

APRIL 20, 2021

Becoming a real estate agent requires a giant leap of faith and an investment of time and money. That’s why some agents may choose to test the waters with a part-time real estate position while hanging onto a steady income from another job. Join a real estate team that can handle administrative work.

Real Estate Agent 98

Real Estate Agent Real Estate Agents Realtors 98

Housing Wire

OCTOBER 1, 2021

Stevens, President at SRE.com, about the challenges mortgage loan officers and brokers face as the market continues to shift toward purchase money business and how human-assisted eCommerce can help them win more business. They ask their Realtor or trusted friend or family member for a referral.

Business 380

Business Loan Officers Real Estate Agent Real Estate 380

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

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 369

Real Estate Agent Real Estate Agents Clients 369

Housing Wire

APRIL 16, 2024

The company recently launched a mortgage brokerage firm that offers a plug-and-play program for real estate agents to become mortgage loan officers, a practice called dual licensing. of the loan amount, with a $5,000 cap, which adds to the typical buyer-side agent commission of up to 3%.

Real Estate Agent 453

Real Estate Agent Loan Officers Real Estate Agents 453

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.

Loan Officers 382

Loan Officers Inventory Real Estate Agent Buyers 382

Housing Wire

MARCH 1, 2022

Vishal Garg and his dolphins (google it) aim to “radically overhaul the analog mortgage process, which still involves commissioned loan officers, 2,000 pages of paperwork and manual intervention at every step.”. Real estate is a $206 billion industry, according to IBISWorld. And, why not? However, it didn’t work.

Real Estate 375

Real Estate Brokerage Real Estate Agent Technology 375

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. Listing agents are going to recommend their seller ask for shorter time periods for loan approval.” ” 9. . ” 10.

Mortgage 190

Mortgage Real Estate Agent Real Estate Buyers 190

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.

Housing Market 367

Housing Market Marketing Real Estate Real Estate Agent 367

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 519

Mortgage Marketing Retail Lending 519

McKissock

JANUARY 18, 2022

A skilled real estate agent can play a major role in guiding these fledgling property owners through the maze that is a real estate transaction. In an interview with Entrepreneur , property experts say that a real estate agent can make or break a home-buying experience. Answer Questions.

Real Estate Agent 96

Real Estate Agent Real Estate Agents Buyers 96

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 393

Clients Agents Buyers Sellers 393

Housing Wire

MAY 6, 2024

Largely hidden from view and misperceived by some to be on the lower end of the hierarchy of service providers, the position seemingly lacked the luster of the real estate agent or the panache of the loan officer. Running the table in a real estate transaction is not for the faint of heart, nor for the passive.

Real Estate Agent 364

Real Estate Agent Real Estate Project Management Agents 364

Housing Wire

JANUARY 31, 2023

We are working very hard in terms of doing events, meeting with realtors, reinventing ourselves, [and] talking about programs so that when the inventory does improve, we’ll be able to really excel. I can’t tell that seller, ‘I’ll buy your house contingent on me selling mine.’ That’s our biggest issue in Boston.

Inventory 382

Inventory Marketing Business Buyers 382

Cornerstone

JULY 1, 2021

Sellers who list may find a golden opportunity: Right now, you’re likely to sell your house quicker and at a better price. This summer, sellers benefit from the fact that mortgage rates still hover around the rock-bottom lows seen during last year’s COVID crisis. Remember, sellers do plan on re-entering the market soon.

Sellers 61

Sellers Buyers Real Estate Agent Inventory 61

Housing Wire

OCTOBER 20, 2023

And with millennials emerging as the largest generation of homebuyers in today’s market, comprising 28% of all homebuyers, real estate agents need to master social media or they might miss out. Sixty percent of agents surveyed believe that social media provides higher quality leads than the MLS.

Real Estate 398

Real Estate Agents Real Estate Agent Clients 398

Cornerstone

JANUARY 7, 2022

Now it’s 2022, and both homebuyers and sellers have questions. – Lawrence Yun , NAR’s (National Association of REALTORS®) Chief Economist. More sellers should list. “We But as the 2022 predictions show, more sellers are expected to list soon. Reading Time: 3 minutes. What lies ahead? Will prices continue increasing?

Housing Market 52

Housing Market Marketing Sellers Inventory 52

Cornerstone

SEPTEMBER 3, 2021

A very specific set of circumstances are bringing opportunities for both homebuyers and sellers. In this kind of fast-paced market, it’s also essential to prequalify early with a local loan officer, and even gain full loan approval, to help your offer stand out. Connect with a local loan officer now.

Housing Market 49

Housing Market Marketing Inventory Loan Officers 49

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.

Renovations 41

Renovations Home Improvement Loan Officers Real Estate Agent 41

Cornerstone

JUNE 8, 2021

As the National Association of REALTORS® (NAR) recently reported, there are 410,000 fewer homes listed than there were just a year ago.* In order to keep up the momentum in residential real estate, more listings must become available. The demands of these buyers give sellers enormous leverage. Reading Time: 4 minutes.

Marketing 46

Marketing Sellers Renovations Loan Officers 46

Housing Wire

SEPTEMBER 8, 2023

More than a few real estate agents have come to dread calling the closing company to find out when they can close. Loan officers dread having to email an appraisal firm for the report they’re waiting on. How many voice mails does your team leave for Realtors, consumers, lenders or appraisers on a daily basis?

Real Estate Agent 379

Real Estate Agent Real Estate Project Management Agents 379

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.

Inspection 69

Inspection Real Estate Agent Real Estate Agents 69

PennyMac

APRIL 2, 2020

Getting this first step in the loan process completed before you start looking at homes will ensure that you are ready to make an offer (and succeed!) Plus, some sellers will only consider offers from buyers who are pre-approved, so it’s best to set yourself up for success with this easy move. when you find your dream home.

Real Estate Agent 36

Real Estate Agent Inspection Sellers Real Estate 36

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?

Brokerage 404

Brokerage Agents Real Estate Agent Real Estate 404

Housing Wire

MARCH 19, 2024

Dual licensing is one of the opportunities being opened to the mortgage industry by the National Association of Realtors ’ (NAR) pending nationwide settlement of commission lawsuits , according to Bob Broeksmit, president and CEO of the Mortgage Bankers Association (MBA). And some of you will say I want nothing to do with that.

Loan Officers 493

Loan Officers Real Estate Agent Real Estate Agents 493

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. Economic Outlook from the National Association of REALTORS® (NAR) shows that existing home prices in the U.S. Here’s a local loan officer who can help.

Sellers 55

Sellers Bracketing Buyers Inventory 55

Will Springer Realtor

MARCH 30, 2021

In this seller-friendly market, sometimes dozens of buyers make bids on a single home. Earnestly speaking – To make a good first impression with the seller, buyers should offer a high earnest money deposit, say 7% or more. Non-refundable fee – Some offers include a non-refundable fee to sellers just for accepting the buyer’s bid.

Inspection 36

Inspection Sellers Buyers Real Estate 36

Appraisal Today

JANUARY 12, 2024

Ignoring market conditions adjustments makes us look incompetent to buyers, sellers, lenders, Realtors, and the general public. Marketing to private money lenders Remember the old mortgage broker days of visiting an office and chatting with loan officers? Many referrals come from real estate agents.

Appraisal 68

Appraisal Contracts Mortgage Marketing 68

Clear Capital

SEPTEMBER 29, 2021

So there’s this real estate agent — are you with me? I mean, like, total disaster of a listing that’s been sitting on the market for months in the midst of a very hot seller’s market. So he calls up the seller guy. But this seller has wanted full asking price the whole time.

Sellers 69

Sellers Agents Real Estate Buyers 69