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Logan Mohtashami unpacks the slow train wreck that’s been happening in housing inventory

Housing Wire

HW+ Member: What’s the number one question you are getting from the real estate agent community on the economy and housing market? Logan Mohtashami: Regarding inventory, we had a slow train wreck happening for years, and I can explain in more detail. This Q&A was originally hosted on June 1st.

Training 459
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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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Knock reverses course on loan officer pay cut

Housing Wire

The revised plan would appear similar to the scrapped pay reduction in one respect – a focus on repeat business from Knock’s network of real estate agents. Founded in 2014 by Black, a founding member of real estate listings site Trulia , Knock helps consumers bid on a new home by fronting a cash offer.

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NextHome CEO James Dwiggins on NAR settlement aftermath: ‘We’re in the first inning’

Housing Wire

They also explore the National Association of Realtors ‘ (NAR) commission lawsuit settlement , agent training deficiencies and more. To start the conversation, Dwiggins explains what sets NextHome apart from other real estate franchises. The lack of training and guidance by brokerages is horrible.

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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

Alipour gushed about Redfin’s training program, and she accessed maternity leave benefits other agents lack. But what makes Redfin different – what makes it radically, transformatively different – is that it classifies real estate agents as employees. Redfin was an amazing place to start my real estate career.

Business 370
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A record year for real estate brokerage firms

Housing Wire

Willis played a key role in the massive growth of Keller Williams between 2005-2014, when the company grew from 700 agents to 140,000 agents worldwide. Perhaps the biggest news of all is that 10-year-old, self-proclaimed real estate technology brokerage Compass snuck past Realogy Brokerage Group to take the No.

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