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Savvy real estate agents look beyond ChatGPT

Housing Wire

Too many real estate agents are watching artificial intelligence (AI) from the sidelines, assuming technology will never replace them. They repeat the mantra “Home buyers and sellers will always need a real estate agent.” So how can real estate agents be so cavalier about their job?

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LoanDepot to IPO this week at possible $6.2B valuation

Housing Wire

billion valuation later this week. If all goes according to plan, loanDepot would command a valuation of $6.2 At the time, loanDepot was seeking a valuation of between $12 billion and $15 billion, Bloomberg previously reported. At the time, LoanDepot had sought a valuation of $2.4 billion to $2.6

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RESPA enforcement is back — are you ready?

Housing Wire

That’s because real estate agents and loan officers are in survival mode and desperate to close new business. For lenders and brokerages, the risks of LOs or agents overstepping are high. In turn, most of them made mortgage referrals to Freedom’s traditional retail loan officers.

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LoanDepot raises just $54M in downsized IPO

Housing Wire

Online retail lender loanDepot raised just $54 million by offering 3.9 LoanDepot, the second-largest retail-focused IMB in the country, had initially planned to raise about $362.5 But it noted that its retail strategy is more developed. At the time, LoanDepot had sought a valuation of $2.4 billion to $2.6

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Why You Should Hire Professionals to Measure Your Home

Cleveland Appraisal Blog

Do you intend to use it as the foundation for your retail price? Taking accurate measurements yields a more precise cost When setting the asking price for a home, what is one of the most important considerations for the seller and the real estate agent? Assessors often estimate the area of lower levels and upper stories.

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Interest rates are the highest in the past 7 years!!!

Robinson Appraisal Group

With the positive retail sales data and the rising home costs due to low inventory in some of the major markets the interest rate hike is not a complete surprise. According to local real estate agents the Harford County real estate market is a bit more competitive than Baltimore and Cecil County markets.

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NAR Appraiser Survey July, 2023

Appraisal Today

Appraisers are less likely this year to cite expanding regulations/interpretations of regulations, lender requirements, pressure from real estate agents/brokers, and liability concerns. From Dave Towne: Over the years, many appraisers have reported being blacklisted by real estate agents and even mortgage brokers.