Housing Wire

NOVEMBER 1, 2024

Referral agent: A referral agent is a real estate agent who refers clients to other agents in exchange for a referral fee. This course covers real estate law, contracts, finance and ethics. The two terms are often used interchangeably and refer to the licensed broker responsible for the overall operation of a real estate brokerage.

Real Estate 448

Real Estate Real Estate Agent Agents Brokerage 448

Housing Wire

MARCH 27, 2024

At that time, outgoing president Dave Bunton informed the foundation that he would be retiring at the end of his current contract. Bunton’s contract with the organization expires on Dec. Davids is scheduled to assume the role of president on March 31, at which point Bunton will transition into a new role as a senior adviser.

Appraisal 457

Appraisal Contracts Real Estate Valuation 457

Housing Wire

OCTOBER 8, 2020

The index plunged from record highs seen in late 2019 after the COVID-19 pandemic caused the sharpest economic contraction since the Great Depression. economy contracted 31% in the second quarter, compared to a year earlier, as the nation struggled to contain the worst public health crisis in more than a century.

Mortgage 448

Mortgage Contracts Housing Market Marketing 448

Housing Wire

FEBRUARY 21, 2025

Preston Moore, the suit accuses the Pennsylvania commission (referred to as the Commonwealth defendant) of discriminating against Moore in violation of civil rights statutes. The commission is also accused of antitrust violations, breach of contract and violation of due process.

Realtors 300

Realtors Real Estate Legal Contracts 300

Housing Wire

JUNE 4, 2024

Supreme Court rejected a challenge to its funding mechanism in mid-May, the Consumer Financial Protection Bureau (CFPB) is now targeting the use of what it deemed ”unlawful or unenforceable” terms and conditions in contracts. A Supervisory Highlights from the Summer of 2015 refers mainly to home equity installment loan agreements.

Legal 444

Legal Contracts Law Lending 444

Housing Wire

FEBRUARY 14, 2025

HFDC), specifically to assist older Hawaiians, referred to as kupuna, with the rising costs of homeownership. Initially introduced in January by Iwamoto, the bill was referred to three different committees (consumer protection and commerce, finance, and housing) for further deliberation.

Mortgage 239

Mortgage Finance Contracts Insurance 239

Housing Wire

SEPTEMBER 6, 2023

Specifically, mortgage companies and banks who contract with housing counseling agencies for pre- and post-purchase housing counseling services have clear authority under RESPA to use a fee for service.” This list is provided for ease of reference. It is not exhaustive of all HUD documents that continue to apply.”

Mortgage 447

Mortgage Contracts Real Estate Development 447

Housing Wire

FEBRUARY 7, 2024

The Fannie Mae February Selling Guide has a series of updates , including the expansion of value acceptance and property data appraisal waivers to condominiums, cash-out refinance allowances for manufactured homes, and updates to credit references and certain definitions.

Retail 475

Retail Project Management Insurance Landlords 475

Housing Wire

SEPTEMBER 18, 2024

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. Instead of giving up the business, the referring agent introduces the potential client to another real estate agent who is better positioned to help them.

Real Estate 468

Real Estate Real Estate Agent Agents Brokerage 468

Housing Wire

DECEMBER 14, 2021

In a blog post, Fannie Mae and Freddie Mac ’s regulator and conservator said it found examples of “overt references to race, ethnicity, and other prohibited bases under federal fair lending laws,” which FHFA said indicate the “continued presence of valuation bias.”.

Appraisal 459

Appraisal Valuation Finance Training 459

GoForrmz

APRIL 12, 2021

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

Contracts Clients Business 158

Inman

JULY 29, 2024

Listing agent Jon Modene refers to the home as having "the strangest and greatest potential I have ever seen." The home was listed for $399,900 over two weeks ago.

Contracts 175

Contracts Agents 175

Housing Wire

AUGUST 13, 2024

So, you need to have the conversation again at the time of making the offer and then again when the contract comes back. They’re already negotiating how long a contract lasts or whether a seller can move in early, or whether appliances can be included in the deal, said Sharran Srivatsaa , the president of The Real Brokerage.

Clients 482

Clients Agents Buyers Sellers 482

Housing Wire

FEBRUARY 18, 2025

In New Zealand, the products are bound by the Credit Contracts and Consumer Finance Act 2003 (CCCFA), which the pair says protects the interests of consumers in connection with credit contracts, consumer leases, and buy-back transactions of land despite not having a specific reverse mortgage provision.

Contracts 230

Contracts Advertising Real Estate Agent Mortgage 230

Housing Wire

DECEMBER 2, 2021

Zillow said Thursday that more than 50% of its remaining iBuying inventory “has sold, is under contract to sell or has reached agreement on disposition terms.”. As to Zillow’s return on these sales, the spokesperson referred back to a statement last month that the company expects a 5-7% loss on resales compared to the purchase price.

Inventory 459

Inventory Real Estate Agent Investors Market Value 459

Housing Wire

FEBRUARY 22, 2022

Many people are referring to this time as a ‘profitless boom’ for the building industry. Be cautious when signing fixed-price contracts. Enter into contracts that are malleable to market prices. In most cases, the builder will have to bear the additional cost – eroding any net profit left in the project.

Construction 435

Construction Supply Chain Contracts Business 435

Housing Wire

OCTOBER 9, 2024

In reference to the purchase market, Fratantoni observed that a couple key factors continue to play a role in consumer demand. “As The average contract interest rate for 30-year fixed-rate loans with conforming balances ($766,550 or less) jumped from 6.14% to 6.36% during the week. of new applications. For the week ending Oct.

Mortgage 454

Mortgage Government Retail Contracts 454

Housing Wire

JULY 27, 2022

Trident, which ceased doing business in 2021, will have to contract with a lender to open offices in minority areas and conduct outreach. It must also contract with a lender to administer $18.4 To resolve the DOJ and CFPB’s claims of redlining, Trident will pay $18.4 Trident will also pay a civil penalty of $4 million to the CFPB.

Loan Officers 418

Loan Officers Mortgage Law Contracts 418

Housing Wire

DECEMBER 11, 2020

For each deal, a smart contract known as a Passport Token is created that contains the borrower’s ATP analytics along with immutable references to the underlying source data, including their lending needs. The smart contract presents the borrower’s lending request to the exchange. The ATP is already in the blockchain.”.

Lending 435

Lending Contracts Investors Technology 435

Housing Wire

SEPTEMBER 27, 2024

The first tip explores a phenomenon called “the condo curse,“ which refers to instances where agents fail to understand the difference between warrantable and non-warrantable condominiums when searching for financing. Unfavorable contract terms may also burden condo buyers with a higher interest rate or a larger lender point requirement.

Finance 444

Finance Agents Mortgage Loan Officers 444

Housing Wire

AUGUST 2, 2024

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. Therefore, including accurate and diverse data is vital in developing AI and gathering good data. Risk factors.

Real Estate 468

Real Estate Clients Tools Real Estate Agent 468

Raleigh Realty

FEBRUARY 24, 2022

What Does 'Under Contract' Mean in Real Estate? You've decided to buy a home and whether it's your first home or your tenth you're likely to stumble across homes that are listed as 'under contract' on the real estate listing. Then, you look at the status and that other shoe finally has a chance to drop: it's "under contract."

Contracts 147

Contracts Real Estate Sellers Real Estate Agent 147

Housing Wire

FEBRUARY 7, 2022

Unison, launched in 2004, joins another California-based fintech competitor, Point , in pursuing efforts to tap the secondary market to create more liquidity for the financing of shared home-equity contracts. Unison also shares some of the downside if the property loses value over the course of the contract.

Investing 360

Investing Marketing Contracts Investors 360

Housing Wire

AUGUST 21, 2024

In addition, the company did not stop collecting private mortgage insurance on time and charged late fees that were higher than the mortgage contracts allowed for.

Law 432

Law Contracts Insurance Mortgage 432

Housing Wire

OCTOBER 5, 2023

The home equity products involved include home equity lines of credit (HELOCs), closed-end second mortgages (CESs) and shared-equity contracts. In fact, for the latter product, also referred to as home equity investments (HEIs) or home equity agreements (HEAs), the market is poised to expand even further.

Housing Market 448

Housing Market Marketing Contracts Finance 448

Housing Wire

MARCH 29, 2024

CMLS goes on to argue that the court should evaluate the settlement agreement proposed by the plaintiffs and MLS PIN without any reference to the DOJ’s statement of interest. According to CMLS’ reading of the proposed agreement, two main policy changes are proposed.

Sellers 459

Sellers Real Estate Buyers Contracts 459

Housing Wire

JUNE 17, 2024

The ROOF team responds to leads needing human intervention and refers leads who are ready to speak to an agent. How does Offrs’ AI-powered lead generation work? Offrs take a comprehensive approach that involves four essential steps. Predictive Analytics Predictive analytics data is the starting point for every you can do with Offrs.

Advertising 447

Advertising Real Estate Tools Contracts 447

Housing Wire

NOVEMBER 17, 2023

In the video cited, Blefari discusses commission negotiation with trainees, stating: “[W]hen homesellers saw that I had written a 6% commission into the contract, and would ask, ‘Gino, but aren’t commissions negotiable?’ I would always answer, ‘Yes, commissions are negotiable, but I can only go up from six.’”

Training 447

Training Realtors Agents Real Estate 447

Housing Wire

JANUARY 10, 2024

Agents do pay for these leads, with Zillow’s “Zillow Flex” now taking a percentage of commissions from referred leads. That’s good news for real estate agents and brokers looking to attract leads.

Real Estate 443

Real Estate Real Estate Agent Tools Contracts 443

Housing Wire

JULY 26, 2024

Selling your home to a family member is called a controlled transaction, while selling your home on the open market is referred to as an arm’s length transaction. However, an agent can help suggest a fair market value, draw up contracts, review documents, and ensure state-required protocols are followed.

Market Value 459

Market Value Real Estate Agent Real Estate Finance 459

Housing Wire

JANUARY 23, 2025

They help you stay top of mind with friends, family and acquaintances who may require your real estate services or refer clients to you in the future. For referral request postcards, politely ask your satisfied clients to refer friends, family or acquaintances who may benefit from your services.

Real Estate 305

Real Estate Open Houses Real Estate Agent Design 305

Housing Wire

JULY 24, 2023

Pending Sales There are now 378,000 single-family homes in contract. There were 68,000 new contracts for single-family homes this week. In the chart below, the light portion of each bar represents the new contracts each week. But, there were another 15,000 condos and townhomes that went into contract this week.

Inventory 366

Inventory Contracts New Listings Buyers 366

Housing Wire

MAY 10, 2024

Additionally, the board also voted to change Article 4’s first standard of practice, which currently reads: “For the protection of all parties, the disclosures required by Article 4 shall be in writing and provided by Realtors prior to the signing of any contract.” represent themselves 2. represent a member of their immediate family 3.

Realtors 395

Realtors Finance Agents Legal 395

Housing Wire

MARCH 29, 2023

A HousingWire analysis of bond-rating report data and information provided by industry experts shows that between 2019 and March 28 of this year, there were at least 17 private-label securitization deals involving HELOCs and/or closed-end second-lien (CES) home-equity loans and separately shared-equity contracts.

Contracts 397

Contracts Lending Investing Investors 397

Housing Wire

AUGUST 14, 2024

Saphire, who like Harvey only lists properties on the MLS, but also offers additional al a carte services such as contract review, transaction coordination and negotiation coaching for additional fees, has also adjusted how he is educating sellers on offering commissions to buy-side agents.

Agents 448

Agents Sellers Buyers Contracts 448

Appraisal Buzz

AUGUST 1, 2022

As a minimum basis, a real property appraisal report written for the government sponsored entities (GSEs) and agencies are what USPAP (Uniform Standards of Professional Appraisal Practice) refers to as Appraisal Reports. When reading contracts, words will always have their ordinary meaning unless defined otherwise. adjective.

Valuation 360

Valuation Appraisal Contracts Legal 360

Housing Wire

DECEMBER 13, 2022

“New home sales are holding up better than existing home sales because new home sales really took a dive during the foreclosure crisis and never fully recovered from that, and hence they had a low base reference to compare,” Yun said. Fraud risk continues to rise even as the market contracts . to $384,500.

Realtors 435

Realtors Mortgage Real Estate Housing Market 435