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As insurance costs rise, real estate agents have more buyer concerns to assuage

Housing Wire

As recently as five years ago, homeowners insurance was certainly not top of mind for most homebuyers and their real estate agents , but the rapidly rising cost of insurance premiums is changing that. The rate increases are dramatic,” said Thompson, who previously worked as a Keller Williams agent for 17 years.

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Home sale cancellations hit record high in January

Housing Wire

a year earlier and is the highest rate recorded for January since at least 2017. of pending home sales fell through in January, marking the highest January cancellation rate since 2017. Some real estate agents are advising buyers to monitor homes they missed out on, as deals are falling through at a higher rate.

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Side’s Guy Gal on championing the high-volume real estate agent

Housing Wire

It became very obvious that you had this segment of real estate professionals that was unlike most others,” said Gal, who launched San Francisco-based Side in 2017 with Edward Wu and Hilary Saunders. Guy Gal CEO at Side. “It Across the country today, there are roughly 1.4

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No. 1 originator Shant Banosian named president of Rate

Housing Wire

I’m going to start by making Rate the absolutely best place for every single loan officer to work at figuring out ways in which we can develop them, give them all the skills, the coaching , the mentoring and the tools, so they can have an amazing business, but also better serve all their clients and all their partners.

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CFPB investigating Rocket Homes for illegal kickbacks

Housing Wire

Rocket Homes Real Estate , a real estate affiliate of Rocket Companies , is being investigated by the Consumer Financial Protection Bureau (CFPB) for possibly violating the Real Estate Settlement Procedures Act (RESPA) when it charged fees for referring Quicken’s mortgage clients to real estate agents, according to officials.

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NAR adds home improvement contractor’s app to Realtor benefits

Housing Wire

This collaboration reflects our dedication to equipping NAR members with innovative solutions that cater to the evolving needs of their clients, ensuring a smooth experience for sellers and buyers alike,” said Rhonny Barragan, NAR vice president of strategic alliances in an announcement of the deal.

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Compass snags two Chicago-based @properties brokers

Housing Wire

“I’m excited to be working alongside the top real estate agents in Chicago and look forward to tapping into the Compass tools that are proven to scale agent business,” Hodge said in a statement. She ranked among the top 1% of Chicago Realtors in 2017 and is also a past president of the Women’s Council of Realtors.