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Opinion: Broker-to-broker referral exemption does not apply to agent-matching platforms

Housing Wire

. “No person shall give, and no person shall accept any fee, kickback, or thing of value pursuant to any agreement or understanding, oral or otherwise, that business incident to or a part of a real estate settlement service involving a federally related mortgage loan shall be referred to any person.” ” 12 U.S.C. Express Co.,

Agents 435
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Zillow’s mortgage business is growing. Lenders beware

Housing Wire

But there are some boxes to check and heavy costs to stomach: To remain in the Flex program , agents need to ensure they hit transaction targets, answer client questions, have communication monitored, and see that “60% of opted-in transfers engage with Zillow Home Loans.”

Business 459
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9 savvy strategies to get more real estate referrals

Housing Wire

This is evident when you ask any highly successful agent where they find their clients. Inevitably, their answer will be “my past clients and sphere.” 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.

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Creating clients for life in a hot purchase market

Housing Wire

In light of that, HousingWire sat down with Peter Paglia, Chief Strategy Officer at HomeBinder, to discuss how to create a “Client for Life” in this environment. HousingWire: As the refi boom simmers down, why should lenders focus on creating clients for life? HW: How does HomeBinder help lenders establish Clients for Life?

Clients 391
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North Carolina Regional MLS is buzzing with its rebrand to Hive MLS

Housing Wire

These upgrades are available through Hive Solutions, a suite of real estate technology products designed for widespread use across several sectors of the industry. Hive MLS compares its platform to a bee hive, where worker bees — referring to agents — work together to gather resources and keep the hive, or the housing market, alive.

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To expand housing counseling services, HUD taps Zillow

Housing Wire

Department of Housing and Urban Development (HUD) on Tuesday also will publish a new final rule in the Federal Register to expand accepted communication methods for counseling clients. These include “meeting virtually and by phone, to engage and educate homebuyers and renters seeking support with their housing needs,” the department said.

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Brooke Anderson-Tompkins on the ‘lifescape’ of AI

Housing Wire

And the real possibility of creating efficiencies and reducing costs and maintaining what I refer to as the ‘heart of human’ definitely had my attention. SW: How does your background inform how you approach clients of BridgeAIvisory? And I refer to it as “from the boardroom to the break room.”

Design 464