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The ‘double-edged sword’ of dual licensing

Housing Wire

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%. according to the company.

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Christian Wallace joins Real as the chief of integrated home services

Housing Wire

At Real, the company has made a huge investment by acquiring mortgage and title businesses and everybody is moving in the same direction to help both our agents and their clients be successful,” Wallace said in a statement. “As At Rocket Homes where Wallace worked from Feb. 2022 to Oct.

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Amy Stockberger explores her brokerage’s quest for ’lifetime home support’

Housing Wire

Tracey Velt: Tell me a little bit about your “Lifetime Home Support” model and how it transformed your approach to real estate. Stockberger: In 2014, I noticed a major hole in our business. For the amount of clients we were serving, we weren’t getting that repeat and referral business.

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The Real Brokerage snags top Phoenix team

Housing Wire

Arizona-based David Newman and his 12-member team, David Newman Partners, are moving to The Real Brokerage, according to an announcement on Wednesday. Newman and his team serve clients in Phoenix, Scottsdale , Paradise Valley and Southeast Valley. Newman has more than 20 years of experience in the real estate industry.

Brokerage 417
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Risk of mortgage fraud is on the rise in the current market

Housing Wire

Eric Hill, an Atlanta real estate agent representing a nationwide homebuilder, had a plan to help more than 100 homebuyers get mortgages. In the specific area of mortgage fraud, however, SARs filings have trended downward at depository institutions, from a high of 35,258 filings in 2014 to 8,805 filings in 2021.

Mortgage 418
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Inside Redfin’s unique, brave and vulnerable business model

Housing Wire

But what makes Redfin different – what makes it radically, transformatively different – is that it classifies real estate agents as employees. These employee agents are exceedingly more productive than the average independent contractor agent. million real estate agents. A profitable division.

Business 370
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Nearly 40 housing tech firms make the 2023 Inc. 5000 list

Housing Wire

126 Transactly 3,852% 2017 Real estate transaction platform providing automation, integrations and tech-enabled services that significantly reduce process time. 193 CertifID 2,807% 2017 A company dedicated to fighting wire fraud for the real estate industry. Other established names to make the Inc.