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CFPB warns consumers about home equity contracts, comparing their features to reverse mortgages

Housing Wire

The Consumer Financial Protection Bureau (CFPB) this month published an issue spotlight that takes a closer look at home equity contracts, or what the industry refers to as home equity investments (HEIs) that offer a lump sum payment to clients in exchange for a stake in their home equity.

Contracts 370
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Compass launches client-facing portal with listings, docs and more

Housing Wire

The race is on for brokerages to capture clients in an incredibly difficult housing market, and Compass believes a new technology offering will give it an advantage. The brokerage on Monday launched Compass One, a client-facing portal that provides a guide through the process of both home buying and selling.

Clients 413
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Alabama law: Buyers don’t have to sign contract before home tours

Housing Wire

Formerly known as House Bill 230 , the law reaffirms Alabamas existing Real Estate Consumers Agency and Disclosure Act (RECAD) framework, with emphasis on early discussions of brokerage services and compensation, but it prevents consumers from signing a contract with an agent early on in their relationship.

Law 284
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The best real estate transaction management software for 2025

Housing Wire

per month per user Contract required: Month-to-month Integrations: Popular CRM platforms, lead generation platforms, accounting software Dotloop is perfect for bringing agents, clients, and support teams together on every transaction. Best for team collaboration: Dotloop Pricing: Starting at $31.99

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Real estate Instagram accounts: 21 agents & influencers to follow right now

Housing Wire

From client quirks to open-house mishaps, his posts are so relatable that youll swear hes been shadowing your day-to-day. A post shared by The Agency (@theagencyre) Actionable Insights High-quality visuals can elevate your brand and attract more clients Showcase aspirational properties to capture the attention of luxury buyers 2.

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Report warns that percentage-based agent commissions could harm consumers

Housing Wire

Buyer agents , who are supposed to advocate for their clients, may actually have a financial motivation to keep home prices high. This compensation structure gives buyers agents a direct disincentive to help their clients locate suitable homes with low asking prices posted by the sellers, the report states.

Agents 366
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The future of mortgage professionals: Adapting to a changing market

Housing Wire

Limited financial literacy Many clients lack an understanding of financial principles such as debt consolidation, home equity utilization, and long-term wealth-building strategies. Mortgage professionals who integrate financial education into their service offerings can build deeper, long-lasting client relationships.