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DataDigest: Study shows agents are aplenty, most with few or no sales

Housing Wire

.” Barriers to entry (or lack thereof) In the second part of his three-part study, published last October, Brobeck argues it is too easy to become a licensed agent. A 2015 NAR study noted that becoming a licensed agent takes on average 70 hours, which is 302 hours less than it takes to become a cosmetologist.

Agents 451
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Guaranteed Rate’s Larry Steinway makes the jump to Revolution Mortgage

Housing Wire

Steinway left Guaranteed Rate last month, eight years after he returned to the Illinois retail lender in January 2015. Covey, who joined Revolution as executive vice president in December, was brought on to train and hire top talent who can penetrate local markets with their own databases and networks. It’s the local relationships.

Mortgage 346
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The hybrid appraisal is here. Who benefits?

Housing Wire

The company, which employs about 17 people, was founded in 2015, and is one of those approved to provide the Freddie Mac data report for its new remote inspection program. Freddie Mac requires data collectors to be trained, but that training need not be in person.

Appraisal 434
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4 Best real estate schools in Maryland (MD) for 2024

Housing Wire

Tristar Academy Best Maryland real estate school for class engagement Overall Rating: 4.2 Visit Tristar Academy Overview In 2015, Tristar Academy was opened to provide top-notch real estate education. Frequently asked questions How much does real estate school cost in Maryland?

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How scammers are using AI to commit new fraud in real estate

Housing Wire

They’ll create a fake, government-issued document like a driver’s license or a passport that has all the credentials of the real property owner except for the bad actor’s picture on. And they solicit a listing to a brokerage: the real estate agent takes the listing and asks for an ID, which checks out.

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Have you clearly defined your brokerage’s value proposition?

Housing Wire

Some 15 years ago, real estate agents had only a few choices when deciding which real estate business model to choose. From virtual, capped models to low-fee and discount, agents can pick the company that best fits their needs. In 2015, according to RealTrends data, gross margins were at 16.4%

Brokerage 380
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Opinion: Title firms can win more business by turning workflow weaknesses into strengths

Housing Wire

When TRID requirements were introduced in 2015, title agents quickly realized that this was not a form change. The industry has evolved in the way it hires, trains and deploys its human resources. A real estate agent or loan officer who can get an updated status on a pending file without having to play phone tag.

Business 372