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To sue or not to sue: How buyer’s agents should prepare for commission disputes with clients

Housing Wire

So, you need to have the conversation again at the time of making the offer and then again when the contract comes back. Although some buy-side agents are weary of discussing their compensation with clients, industry leaders say that negotiating compensation is no different than any of the other negotiations agents regularly engage in.

Clients 461
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Real Estate Referral Fees: The Ultimate Guide for 2024

Housing Wire

The receiving agent becomes the buyer or seller’s primary point of contact and representative, and the referring agent receives a referral fee if a transaction closes. Perhaps the client wishes to make a purchase that isn’t in the agent’s geographical area or their wheelhouse of expertise. What are the benefits of referrals?

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Purchase Contracts in Appraisal Reports

Walitt Solutions

One of those common scenarios goes like this: I completed an appraisal and transmitted the appraisal report to the client for a purchase appraisal. My market value conclusion came in below the purchase contract price. The client wants me to change my report to show the new amended contract price! What should I do?

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6 Fields & Features to Add To Your Digital Manufacturing Contracts

GoForrmz

Augment your manufacturing contracts with these powerful fields and features Digital form fields and features can significantly improve the completeness and professionalism of your manufacturing contracts and service agreements. Ready to digitize your digital manufacturing contracts and service agreements?

Contracts 158
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Dustin Owen schools agents on key tips for the mortgage financing process

Housing Wire

In a recent episode of “The Loan Officer Podcast,” host Dustin Owen and guest John Coleman explore key tips that all aspiring real estate agents should know when navigating mortgage financing for a potential client. Similarly, attorneys and doctors often have issues with credit qualification and overall personal finance.

Finance 375
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CoreLogic experts explore new ways for data and AI to impact real estate

Housing Wire

He said that CoreLogic uses data to create sources of truth for clients to make accurate decisions. Singh explains that general AI models cannot answer detailed real estate-related prompts without referring to general resources. CoreLogic ensures that its data is used under the proper legal contracts and obligations.

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Loan officers are dramatically cutting their pay to win clients. It’s often illegal. 

Housing Wire

So he did what a lot of retail loan officers in the industry were doing — Mike would reclassify a self-generated lead as a corporate-generated lead, thus slashing his compensation from 125 basis points down to as low as 50 bps, giving him a low enough rate to win the client and eventually close the deal. The lower comp rate stung. “But