Housing Wire

AUGUST 5, 2020

Hudson Santana, founder of Santana Properties in Cambridge, Massachusetts, said that his clients have been gravitating to suburbs with yards and more space, also not generally thinking about the schools and district zoning. It always came up [and] they’re not coming up at all anymore. Like, zero.

Realtors 521

Realtors Realty Buyers Sellers 521

Housing Wire

FEBRUARY 12, 2024

And how can you confidently talk to clients and potential clients about their mortgage needs? Your conversations with clients should extend beyond mortgages. As much as I would love to have a definite answer, I don’t, and no one else does either. So how do you build that trust and credibility? Do they have kids?

Mortgage 416

Mortgage Clients Business Marketing 416

Housing Wire

DECEMBER 10, 2024

Ive been doing this since 2005 and I tell clients that Ive never seen a market like this, so we have to navigate it together. But on a comparable home, another of her clients had an offer below the asking price accepted. Its unpredictable, said Teena Jackson, a Redfin agent in Cincinnati.

Housing Market 340

Housing Market Marketing New Listings Sellers 340

Housing Wire

DECEMBER 27, 2023

In the nearly two months since a Missouri jury found the real estate industry liable for colluding to artificially inflate real estate agent commissions, Jason Posnick has fielded a lot of questions about commissions and cooperative compensation from clients. I was at a listing appointment for a $2.5

Real Estate Agent 445

Real Estate Agent Real Estate Agents Clients 445

Housing Wire

OCTOBER 6, 2020

Real estate technology company Compass announced on Monday that it has signed a definitive agreement to acquire title and escrow software startup, Modus. Founded in 2018 by Alex Day, Jai Sim and Abbas Guvenilir, Modus’ goal is to digitize the home-closing process by providing a transparent platform for agents and their clients.

Real Estate 352

Real Estate Clients Agents Technology 352

Housing Wire

NOVEMBER 7, 2023

It (the tax) is definitely a question that people want to know, that is, how much are the property taxes if I live in eastern Austin versus living here in Williamson County,” Toliver said. “If New Jersey mortgage banker Luke Chamberlin says he always brings up property taxes early on in meetings with clients. office in HoHoKus.

Property Taxes 539

Property Taxes Home Value Government Valuation 539

Housing Wire

FEBRUARY 27, 2024

Thus, it makes sense for these top performers to rank communication with clients as most crucial when clients are: applying for a loan (49%); getting pre-qualified (40%); going through underwriting (11%); and closing (1%).

Finance 399

Finance Clients Technology Business 399

Housing Wire

SEPTEMBER 5, 2023

Before you plan your workshop, consider who your target clients are. Maybe you are focusing on empty nesters looking to downsize or clients looking for vacation homes they want to rent out in the off-season. If you’re hoping to reach clients who are relocating from out of state, consider hosting workshops online.

Real Estate 433

Real Estate Sellers Buyers Clients 433

Housing Wire

APRIL 26, 2023

Bridge loans are popular among his clients since they allow homeowners to tap into their equity when buying a home, as well as a professional mortgage where buyers in a specific industry can make a 10% down payment without mortgage insurance, Parkinson explained. When rates go down, prices are gonna go up and you will see more bidding wars.”

Loan Officers 403

Loan Officers Mortgage Inventory Clients 403

Housing Wire

APRIL 30, 2021

As the model by which some investor clients built their whole real estate businesses changes, brokers and correspondent partners need to stay focused on those customers by providing options and education that can help them navigate this shift and keep their businesses growing. “I

Investors 422

Investors Investing Retail Lending 422

Housing Wire

JANUARY 23, 2024

While I hate to be the bearer of bad news, that era is almost most definitely drawing to a close. Real estate agents should keep an eye on new developments and leverage these opportunities to meet the evolving needs of their clients.

Real Estate Agent 422

Real Estate Agent Real Estate Buyers Agents 422

Housing Wire

OCTOBER 1, 2024

A bona fide brokerage sometimes needs to refer a customer to a competitor, just as a mechanic may refer a customer to another mechanic or an attorney may refer a client to another attorney. b) as a “settlement service” provider in a singular definition that can only be identical to itself. 2607(d)(1).

Agents 386

Agents Real Estate Real Estate Agent Brokerage 386

Housing Wire

APRIL 23, 2024

This final rule will achieve this by updating the definition of an investment advice fiduciary under the Employee Retirement Income Security Act and the Internal Revenue Code.” The discussion of the product between advisers and their clients lends more credence to the product category, according to recent survey findings by WSFS Mortgage. “[The

Investing 349

Investing Investors Design Government 349

Housing Wire

APRIL 15, 2024

She had a brochure, and I definitely didn’t know what reverse mortgages were. Schmidt describes driving into a small town like Poteau, Oklahoma , and speaking with a client in their home. “One of my employees said that her mother worked in doing some type of loans,” Schmidt said. “I So, I thought, ‘Let me go see what this is about.’

Mortgage 404

Mortgage Loan Officers Business Finance 404

Housing Wire

JULY 26, 2023

When clients find their dream house and are ready to make an offer, Todd Armstrong’s next call isn’t necessarily to the seller’s agent or the buyer’s loan officer. “We It is definitely a lot more difficult now than it has been in the past,” Paul Scalone, a San Diego-based Compass agent and the owner of Dignified Insurance Services told Han.

Insurance 331

Insurance Housing Market Supply Chain Marketing 331

Housing Wire

OCTOBER 5, 2021

Low inventory means fewer choices for homebuyers, but for years enterprising real estate agents have worked around tight market conditions by searching for off-market homes that fit their clients’ specifications. Agents and brokers can then search the database for houses that fit their client’s specifications.

Real Estate Agent 409

Real Estate Agent Real Estate Agents Marketing 409

Housing Wire

OCTOBER 27, 2022

They stepped up for their people, they stepped up for their clients, and they used it as an opportunity because it was a really difficult and changing time, and the same thing is going to happen,” Banosian said. I think getting through until February is going to be massively challenging, because things are definitely slowing down,” he said.

Loan Officers 378

Loan Officers Clients Mortgage Marketing 378

Housing Wire

APRIL 23, 2024

Rocket Mortgage launched a new artificial intelligence (AI) tool on Tuesday that allows its client experience teams to analyze sentiment, record behavior patterns, transcribe conversations and create tailored experiences during customer interactions. Each year, Rocket employees participate in 65 million calls with clients, including 3.1

Tools 345

Tools Clients Investing Finance 345

Housing Wire

JANUARY 18, 2023

The California-based lender plans to increase its client base in the bank and credit union segment where Wells Fargo was most active, Abbie Tidmore, senior managing director and chief revenue officer, at Pennymac told HousingWire. Kim: Pennymac aggregated loans from about 770 clients across the country as of the end of 2022.

Clients 388

Clients Investors Lending Mortgage 388

Housing Wire

AUGUST 16, 2024

My client, Barbara (a pseudonym used for privacy), offers a good case study. The truth is that many financially savvy seniors use home equity conversion mortgages as part of a broader financial planning strategy to enhance their cash flow and minimize withdrawals from investment portfolios.

Buyers 433

Buyers Mortgage Tools Real Estate 433

Housing Wire

MARCH 22, 2024

Every agent claims to be a “top agent” and the definition of “luxury” or “million-dollar agent” is cloudy at best. You work hard to serve clients and grow your business. You can’t scroll on Instagram for two minutes without seeing some top-performer or achievement post.

Brokerage 406

Brokerage Real Estate Agents Sellers 406

Housing Wire

DECEMBER 18, 2020

Most of my clients are not just going to change altogether city wise, but I’m definitely seeing a huge uptick in people looking at Buda, Kyle, further south of Austin, for sure,” Myers said. They’re frustrated and seeking newly constructed homes or moving further out on the outskirts of Austin , she said.

Realtors 475

Realtors Inventory Housing Market Real Estate 475

Housing Wire

NOVEMBER 14, 2023

In the absence of NAR’s Mandatory Offer of Compensation Rule, the expense of buyer broker commissions would be incurred by the clients (homebuyers),” the filing states. This would lead to competition among buyer brokers to offer lower commission rates. 13, 2019, to the present.

Real Estate 430

Real Estate Realtors Realty Real Estate Agent 430

Housing Wire

OCTOBER 22, 2024

By cutting down on these administrative tasks, title professionals can focus more time on client-focused service. Platforms like DeepL and Google Translate can help bridge communication gaps by translating emails, documents and client communications. AI-powered tools like Grammarly and Copy.ai

Tools 370

Tools Training Real Estate Clients 370

Housing Wire

JULY 16, 2021

The declaration comes 48 hours after Compass and Guaranteed Rate told of a definitive agreement to begin their own mortgage joint venture, OriginPoint. Unclear is what pressure eXp’s agents may feel to direct their clients to Success. Compass and Guaranteed Rate were mum on their partnership’s details, but more is known about Success.

Mortgage 395

Mortgage Lending Brokerage Agents 395

Housing Wire

FEBRUARY 21, 2024

They added that Dara is competitive with clients’ in-house solutions, which tend to be expensive for servicers to maintain. Mr. Cooper is the first client in the platform, with the expectation of full implementation early in 2025. The companies signed a multiyear agreement in February 2022.

Technology 340

Technology Modernization Clients Mortgage 340

Appraisal Buzz

AUGUST 16, 2021

Trying to meet deadlines, keep my clients informed, and put out a quality product in this busy market is enough to make my head spin. Fannie Mae defines market value in part as “the most probable price that a property should bring…” Thus, probability is the very foundation of the most common definition of market value.

Market Value 448

Market Value Buyers Appraisal Sellers 448

Housing Wire

SEPTEMBER 18, 2023

Even though the markets are down, what we encourage and talk to clients about is when you’re slow, that’s the best time to make technology changes. Kim: I definitely hear a lot of mortgage tech companies saying ‘this is the time to invest, especially when the market is down.’ Gagliano: We’ve seen a strong pipeline.

Technology 463

Technology Mortgage Clients Business 463

Housing Wire

APRIL 6, 2021

It was definitely a rush job! He wasted my client’s money. For example, one client had a home under contract for $983,000 and the list/appraised value was just $900,000, the LO said. But the most important thing is educating clients from day one. He told me that they have to protect the lender’s interest. Wow, since when?

Appraisal 540

Appraisal Reconsideration of Value Real Estate Agent Sellers 540

Housing Wire

JANUARY 26, 2023

Lenders are looking for ways to reach more borrowers, and Black Knight has rolled out several new products recently, including a web portal that offers access to application programming interfaces (APIs) for clients, third-party providers and developers. Black Knight is preparing to be acquired by Intercontinental Exchange (ICE).

Modernization 324

Modernization Clients Design Investors 324

Housing Wire

AUGUST 1, 2023

As we grow, we wanted to partner with a brand that had the infrastructure, footprint and brand presence to support us and our clients without disruption,” said Swann in a statement.

Luxury Properties 259

Luxury Properties Realty Clients Real Estate 259

Housing Wire

MARCH 21, 2024

I think things have definitely picked up,” said Tane Cabe, a broker with C2 Financial Corp., I’ve talked to some leaders in this space recently and they’re telling me they’ve definitely seen an increase in volume. said in a recent interview. That seems to be the general feeling.

Retail 361

Retail Mortgage Real Estate Agent Business 361

Housing Wire

JUNE 21, 2021

But broker Renee Humme, with Prime Mountain Properties , said the lower property taxes, mountains and surrounding scenery, and low cost of living are the main draws for most of her clients. “Most of my clients are from out of state wanting to own second homes or investment properties here,” she said.

Housing Market 459

Housing Market Marketing Realtors Inventory 459

Housing Wire

FEBRUARY 9, 2021

Building a business model or creating a solution that benefits more than one party is definitely feasible — but trying to solve for them all simultaneously is a common trap for entrepreneurs. At this point, you need clients. Figuring out where the clients will come from is a good step, but opening up those channels will cost money.

Real Estate 493

Real Estate Technology Agents Sellers 493

Housing Wire

MARCH 22, 2024

“We are seeing contracts fall through during the due-diligence period because of the sticker shock on insurance costs, so that is definitely a problem.” It is definitely a significant concern and issue,” Smith said.

Insurance 381

Insurance Inventory Marketing Real Estate 381

Housing Wire

MAY 17, 2024

Financial planners are an important referral source for reverse mortgage professionals, and Finance of America (FOA) vice president of retirement strategies Steve Resch has been at the head of the company’s conversations with planners to help them understand how much utility a reverse mortgage could have for improving a client’s retirement.

Mortgage 386

Mortgage Clients Tools Finance 386

Housing Wire

FEBRUARY 10, 2021

“We are excited to work with innovative lenders like Sierra Pacific Mortgage to find ways to take time, touch and cost out of their collateral underwriting workflows,” said Sage Nichols, CoreLogic executive of client and business development.

Appraisal 392

Appraisal Inspection Appraisal Process Valuation 392