Housing Wire

MAY 14, 2024

More than 80% of recent buyers asked for at least one seller concession. Importantly, however, 65% of these recent buyers also reported making at least one concession to the seller, indicative of the seller’s market that exists in many parts of the country. Nearly 30% of recent buyers were not represented by an agent.

Real Estate Agent 488

Real Estate Agent Agents Real Estate Buyers 488

Housing Wire

MAY 30, 2024

Ironically, the technology he’s developed can be a benefit to real estate agents as well. SW: Why did you want to develop this platform? When I originated loans, there were a certain number of people that just didn’t need an agent — because the buyers and sellers knew each other in some fashion.

Real Estate Agent 448

Real Estate Agent Real Estate Sellers Agents 448

Housing Wire

JANUARY 23, 2024

home sales in nearly 30 years as high mortgage rates frustrate buyers, the market is reshaping real estate once again, placing buyers on the back foot and swinging the pendulum back to favoring sellers. As we get into 2024, if interest rates touch the 5% mark, we can assume a market that heavily favors sellers.

Real Estate Agent 476

Real Estate Agent Real Estate Buyers Agents 476

Housing Wire

OCTOBER 28, 2022

One of the biggest benefits of social media for real estate agents and mortgage brokers is the ability to highlight your success stories to connect with clients. This panel will explore best practices to capitalize on the tremendous potential of having loyal followers including regulations you need to be aware of.

Real Estate Agent 434

Real Estate Agent Development Agents Real Estate 434

Housing Wire

MARCH 13, 2024

While ChatGPT has become a go-to tool for many of us, predictive analytics tools offer a more efficient, data-driven approach to generating new client leads. If you want seller leads and already have a CRM you love, Offrs + RAIA is an excellent choice. Need more examples?

Real Estate Agent 448

Real Estate Agent Tools Real Estate Agents 448

Housing Wire

MARCH 28, 2024

The past year and a half, with its rising mortgage rates , low inventory, and economic uncertainty, has been a challenge for real estate pros, not to mention the buyers and sellers they serve. Regularly update content, share valuable insights about the local market, and interact with potential clients.

Real Estate Agent 466

Real Estate Agent Real Estate Agents Clients 466

Lamacchia Realty

JULY 21, 2023

After spending over a year as a REALTOR with Lamacchia Realty, Chris Rochon has made the exciting jump to the Business Development team. Chris served buyers and sellers in the Greater Merrimack Valley area during his time as a REALTOR. He always loved working with people, getting to know the other REALTORS just as well as his clients.

Development 69

Development Business Realty Realtors 69

Housing Wire

FEBRUARY 8, 2024

As a real estate agent, you may think clients should care more about their next home than your life story. And while that may be true, well-crafted real estate agent bios can build trust and credibility and serve as a powerful tool in an agent’s marketing arsenal — giving prospective clients.

Real Estate Agent 435

Real Estate Agent Real Estate Agents Clients 435

Housing Wire

FEBRUARY 14, 2024

If you’re known in your market as the expert who successfully sells properties between $1 to $3 million, how do you start getting clients looking for homes valued at $10 million+? How do you convince the sellers of $15 million homes to work with you? Don’t try to do everything or be everything to everyone! Visit Agent Image 3.

Real Estate Agent 448

Real Estate Agent Real Estate Agents Luxury Properties 448

Housing Wire

MARCH 15, 2024

Mortgage pros have closely monitored the commission lawsuit developments since a Kansas City, Missouri jury determined that NAR, HomeServices of America , and Keller Williams conspired to inflate or maintain high commission rates through NAR’s so-called Participation Rule.

Buyers 514

Buyers Agents Mortgage Real Estate Agent 514

Housing Wire

JULY 28, 2023

Not only does community service foster connection and belonging in the communities that agents serve, but it can also further develop and challenge agents to grow professionally and personally. Displaying involvement often resonates with clients who prioritize social responsibility. Host a client volunteer day and provide lunch.

Real Estate Agent 370

Real Estate Agent Real Estate Agents Clients 370

Housing Wire

APRIL 22, 2024

Check out Wise Pelican Typically, you’d mail the just sold letter to homeowners who live around a property you just helped your client to sell. We negotiated to get the sellers the highest price possible. Even if you’re months or even years away from moving, a seller’s prep session is one of the services I offer homeowners.

Real Estate 464

Real Estate Open Houses Brokerage Real Estate Agent 464

Housing Wire

JANUARY 17, 2024

1 With over 12,000 Americans turning 65 every day in 2024, this burgeoning market will undoubtedly continue to bring more buyers and sellers to the table over the next decade. Recently, Interested Party Contributions (or seller concessions) have been allowed with HECM for Purchase loans. Yet staggeringly few are aware of its existence.

Finance 482

Finance Real Estate Agent Real Estate Insurance 482

Housing Wire

NOVEMBER 7, 2023

These clients are typically low on funds, which is why they need this type of financing. Not helping FHA, VA borrowers get off the sidelines Under current FHA rules, sellers can contribute up to 6% in concessions to FHA borrowers to cover closing costs, prepaid expenses and discount points. points from the 7.5%

Agents 482

Agents Sellers Buyers Finance 482

Housing Wire

SEPTEMBER 28, 2023

RE/MAX’s toolbox is so impressive; joining RE/MAX for agent development, education, technology and marketing is going to benefit our agents and their clients in a big way.” The Boones are planning on opening a third Ocala office later this fall, which will focus on assisting buyers and sellers of equestrian properties.

Brokerage 435

Brokerage Technology Agents Training 435

Housing Wire

MARCH 22, 2024

These changes include that Compass firms will require or encourage agents to make it clear to clients that commissions are negotiable, that agents will have the freedom to set or negotiate commissions as they see fit, and that agents will not be required to make offers of compensation or accept offers of compensation from cooperating brokers.

Brokerage 482

Brokerage Realtors Agents Clients 482

Housing Wire

JANUARY 3, 2024

The vast majority of respondents reported that they have yet to receive any questions about the commission lawsuits and those who have, have only been asked by a handful of clients. Better buyer and seller presentations to break down payment to a more granular level,” was one agent’s response. Always will too,” one wrote.

Agents 457

Agents Realtors Clients Real Estate Agent 457

Housing Wire

MAY 3, 2024

The key difference between our business model and that of many of our peers is that our model incentivizes agents to help buyers and sellers reach their housing goals, while some other models have incentivized their agents to recruit other agents, many of whom are not productive.”

Agents 446

Agents Real Estate Training Buyers 446

Housing Wire

MAY 10, 2021

HousingWire sat down with Realtor.com CEO David Doctorow to learn how agents and brokers can alleviate some of the frustrations their clients are facing. David Doctorow : We feel for home buyers and sellers. DD: The first step is educating yourself about what’s available and possible for today’s home buyers and sellers. .

Real Estate Agent 468

Real Estate Agent Real Estate Agents Marketing 468

Housing Wire

NOVEMBER 29, 2023

Snatching up first-time homebuyers is akin to striking gold — since developing a relationship with them can mean a loyal client for life. Regular communication keeps you top-of-mind when clients are ready to make a move. Of course, you can’t do everything — but consistency is important.

Real Estate 435

Real Estate Buyers Tools Real Estate Agent 435

Housing Wire

NOVEMBER 16, 2023

We have 189,000 real estate clients who work with us. The company’s business model was developed before the buyer broker rules were in question, providing what Florance thinks is a better experience for the agent and the buyer. “We And the more senior you are in the industry, the more seller representation you do.”

Real Estate 468

Real Estate Agents Buyers Sellers 468

Housing Wire

MAY 6, 2024

The law at the center of the suit came into effect on July 1, 2023, and it “generally restricts the issuance of government contracts or economic development incentives to, or real property ownership by, foreign principals, which are certain individuals and entities associated with foreign countries of concern,” according to the Florida Senate.

Law 423

Law Real Estate Real Property Contracts 423

Housing Wire

MAY 18, 2023

The marketplace, known as eMSR Exchange, connects buyers and sellers of co-issue flow offerings online and provides pricing 24/7. ” Other companies are also developing new platforms as the agencies, Fannie Mae and Freddie Mac , have been pushing for co-issue loan sales in recent years. In November, Mortgage Capital Trading, Inc.

Sellers 370

Sellers Buyers Mortgage Real Estate 370

Housing Wire

MARCH 20, 2024

Those too young to remember the wild west of real estate believe that real estate commissions have always been evenly split between seller’s and buyer’s agents, with each receiving a portion of the sale price. This misconception obscures the reality that, historically, buyers lacked formal representation.

Real Estate 497

Real Estate Buyers Agents Sellers 497

Housing Wire

NOVEMBER 20, 2023

“This development signifies progress in our ongoing efforts and commitment to a resolution – it’s a positive step forward in bringing these cases closer to the finish line.” . said in a statement. said in a statement. According to the order, the parties must contact the court prior to Dec.

Legal 459

Legal Real Estate Agents Realtors 459

Appraisal Buzz

MAY 3, 2024

The Home Report provides automatically generated, unique property data details from a scan of a property to help give home buyers and sellers a comprehensive understanding of the home’s layout. In developing these new products, we wanted to make it easier than ever for users to deliver more value to their clients.

Open Houses 195

Open Houses Inspection Sellers Buyers 195

Housing Wire

AUGUST 3, 2023

They repeat the mantra “Home buyers and sellers will always need a real estate agent.” The history of AI and where it is going The Turing Test was developed by Alan Turing in 1950. Artificial general intelligence (AGI) is, “AI that can learn and perform most intellectual tasks that human beings can, including AI development.”

Real Estate Agent 370

Real Estate Agent Real Estate Agents Tools 370

Housing Wire

OCTOBER 27, 2023

In response to the marketplace and at the urging of consumer advocates, NAR began to develop guidance for local MLS broker marketplaces as part of what always has been a very involved and public rule-making process aimed at creating the most consumer-friendly market possible. They coordinate with lenders and research mortgage rates and terms.

Real Estate Agent 488

Real Estate Agent Real Estate Realtors Buyers 488

Housing Wire

SEPTEMBER 7, 2023

Probably about 60 to 70% of our business comes from referrals from our previous clients,” Chris Gallo, a top producing LO in New Jersey, said. Attorneys, Realtors and clients are a big part of our repeat business.” Finding reliable lending partners takes time and some trial and error, but once established is often the lifeblood of LOs.

Buyers 418

Buyers Agents Loan Officers Real Estate 418

Housing Wire

AUGUST 9, 2023

Maintaining a consistent pipeline of potential buyers and sellers ensures the business’s sustainability and growth, but it requires an immense amount of work and marketing expertise, which is often outside an agent’s core competencies. Automating client engagement Lead engagement is another crucial element of any real estate business.

Real Estate Agent 370

Real Estate Agent Real Estate Agents Clients 370

Housing Wire

NOVEMBER 11, 2020

Endpoint said that this funding will help accelerate its hiring plans, technology development and expansion into new U.S. At that time, First American invested $30 million in the company for development and growth.

Real Estate Agent 418

Real Estate Agent Investing Real Estate Technology 418

Housing Wire

APRIL 23, 2024

Martell said that when the mortgage market meltdown happened in 2022, the company set a plan that included simplifying the organizational structure, focusing on client service and quality, automation and operating leverage. loanDepot recorded a non-GAAP adjusted net loss of $142.4 million in 2023, smaller than its $457.6 million loss in 2022.

Mortgage 406

Mortgage Real Estate Agent Real Estate Renovations 406

Housing Wire

MARCH 27, 2024

I’ve had clients who have family members as real estate agents and still decide to work with me because they understand the value and knowledge I provide. A seller and agent/brokerage either agrees to the terms and compensation or they don’t. When I go to listing appointments a seller asks what my commission is.

Real Estate Agent 353

Real Estate Agent Real Estate Agents Sellers 353

McKissock

OCTOBER 13, 2020

Between the complexities of the real estate market and the changeable landscape of financing and property value, your clients likely have an abundance of questions regarding the sale of their home. We took a poll of some recent sellers and found the following questions to be the most frequent. Examples of costs include: Appraisal fees.

Clients 84

Clients Advertising Real Estate Market Value 84

Housing Wire

APRIL 11, 2023

Buyers, sellers and lenders all have a stake in the sale, and title and escrow ensure that everyone’s interests are protected. They manage and oversee the entire process from the time a seller accepts an offer to the time the buyer takes possession of the property. Rachel Luna is the agency development manager at Patriot Title.

Real Estate 397

Real Estate Legal Sellers Buyers 397

Housing Wire

MARCH 1, 2022

million investment in eOriginal, a multi-year Tech100 winner that developed a ‘simple closing experience for lenders, borrowers and settlement agents.’ With efficiency metrics and client outcomes like these it’s no surprise that the company continued to attract capital and investor interest. In 2016 LLR led a $26.5

Real Estate 397

Real Estate Brokerage Real Estate Agent Technology 397

McKissock

SEPTEMBER 20, 2021

Real estate agents are commonly sued for breaching their duty to act in the best interests of their client. To protect your clients’ interests, and reduce your own risk exposure, check out our highly-rated course, Know the Code: Your Guide to the Code of Ethics. Real estate risk management is an important concern for agents.

Real Estate 58

Real Estate Clients Real Estate Agent Realtors 58