Housing Wire

APRIL 20, 2022

Bonnie Williamson never intended to be a real estate agent. In addition, according to the NAR 2021 Profile of Home Buyers and Sellers report , 87% of buyers who recently purchased homes did so through a real estate agent or broker, up from 69% in 2001. Real estate agents are busier than ever.

Real Estate Agent 371

Real Estate Agent Real Estate Agents Brokerage 371

Housing Wire

JANUARY 2, 2024

Filed last Wednesday in the Western District of Missouri, the Umpa suit, named after its lead and only plaintiff Daniel Umpa, accuses the real estate industry of allegedly colluding to artificially inflate real estate agent commissions. The lawsuit is seeking class action status for everyone in the U.S.

Sellers 375

Sellers Brokerage Real Estate Realtors 375

Housing Wire

MARCH 2, 2023

And just like the bears who are starting to wake up from their long winter naps, homebuyers and sellers are coming out of hibernation… or at least they normally do. The pandemic definitely changed the real estate market ,” Todd Alperin, a Better Homes and Gardens Real Estate The Masiello Group agent based in Southern New Hampshire, said.

Real Estate Agent 361

Real Estate Agent Inventory Real Estate Agents 361

Housing Wire

MARCH 15, 2024

Loan officers and mortgage executives expect home sellers and homebuyers to negotiate more aggressively on commission paid to buyer agents, potentially bringing costs down. You should be finding buyers before real estate agents anyway.”

Buyers 509

Buyers Agents Mortgage Real Estate Agent 509

Housing Wire

NOVEMBER 20, 2023

Real estate agents are facing a contracting issue that could seriously upend the traditional housing landscape. Under current guidelines, sellers pay a 5-6% commission on a sale which is split between the buyer and listing agents. But what happens if consumers pivot away from buyer agents altogether?

Buyers 383

Buyers Agents Real Estate Agent Loan Officers 383

Housing Wire

MAY 26, 2023

Secret Service , notified the title industry of a rise in what is known as vacant lot fraud, or seller impersonation fraud. “We We started to hear a lot about seller impersonation fraud early on in the year,” Tyler Adams, the CEO of CertifID, said. “We Oftentimes this leads to the discovery of vacant lots. million, according to NAR.

Sellers 351

Sellers Real Estate Realtors Real Estate Agent 351

Housing Wire

SEPTEMBER 5, 2023

From fine-tuning the initial listing to completing the mountains of paperwork needed for closing , homebuyers and sellers can find themselves juggling a wide range of issues. Real estate professionals can help by hosting educational workshops to help make the transaction easier. mortgage lenders, home inspectors, etc.)

Real Estate 415

Real Estate Sellers Buyers Clients 415

Housing Wire

FEBRUARY 24, 2021

Technology has given consumers the power of choice and expedited the entire real estate purchasing process. But we also must acknowledge that the core definition of any stimulus is to implement something that causes an immediate, short-term response. VL: So many areas could benefit by embracing digitalization.

Real Estate Agent 260

Real Estate Agent Real Estate Agents Loan Officers 260

Appraisal Buzz

OCTOBER 4, 2024

It might go without saying that a junk-cluttered yard does a home seller no favors—in fact, six in 10 real estate agents estimate that an unkempt front yard decreases a property’s value by 20% or more. Some 32% of agents questioned believe a neighbor’s yard clutter can decrease a nearby property’s value by 5% to 10%.

Home Value 398

Home Value Real Estate Agent Sellers Real Estate 398

Housing Wire

DECEMBER 10, 2024

The turbulence in rates has trickled down to individual markets like Cincinnati, where real estate agents say they dont know what to expect from sale to sale. Its unpredictable, said Teena Jackson, a Redfin agent in Cincinnati. Its a symptom of a market thats transitioning away from sellers.

Housing Market 340

Housing Market Marketing New Listings Sellers 340

Housing Wire

MAY 30, 2024

Ironically, the technology he’s developed can be a benefit to real estate agents as well. 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. SW: Why did you want to develop this platform?

Real Estate Agent 380

Real Estate Agent Real Estate Sellers Technology 380

Appraisal Buzz

NOVEMBER 4, 2024

Agents, Lenders Assist Purchasers During Complex Homebuying Process With 86% of all purchasers using their services—the most of any information source—real estate agents were vital to the homebuying process. The most helpful source of information during the house hunt was the agents themselves.

Real Estate Agent 370

Real Estate Agent Buyers Sellers Real Estate 370

Housing Wire

APRIL 16, 2024

The company recently launched a mortgage brokerage firm that offers a plug-and-play program for real estate agents to become mortgage loan officers, a practice called dual licensing. of the loan amount, with a $5,000 cap, which adds to the typical buyer-side agent commission of up to 3%. according to the company.

Real Estate Agent 404

Real Estate Agent Loan Officers Real Estate Agents 404

Housing Wire

APRIL 6, 2021

Linda (who asked that her real name not be used) beat out a dozen other prospective buyers in a bidding war by offering $445,000 and waiving all contingencies. With others waiting in line behind her, the seller wouldn’t budge on price. It was definitely a rush job! Sellers are surely getting greedy.”. Wow, since when?

Appraisal 540

Appraisal Reconsideration of Value Real Estate Agent Sellers 540

Housing Wire

NOVEMBER 14, 2023

The lawsuit accuses its 29 defendants of colluding to artificially inflate real estate agent commissions. The lawsuit was filed on Monday by plaintiffs QJ Team, LLC. , a Texas-based homebuilder, and Five Points Holdings, LLC. , a holding company headed by DS News founder Mark Hulme, in the U.S. 13, 2019, to the present.

Real Estate 412

Real Estate Realtors Realty Real Estate Agent 412

Housing Wire

MAY 21, 2024

Work with a real estate professional with MLS access In non-disclosure states, the role of real estate agents becomes even more crucial. Experienced agents have access to databases, networks, and resources that can help buyers gather information about recent sales in the area.

Real Estate Agent 397

Real Estate Agent Real Estate Inspection Valuation 397

Housing Wire

AUGUST 8, 2024

Now they will have to come up with payment for real estate agent services, but that may be challenging for some who are already challenged in terms of coming up with enough down payment,” Hepp said of first-time buyers. “So, So, say it gets rolled into their mortgage or they have to get another loan to pay it off.

Housing Market 413

Housing Market Marketing Mortgage Sellers 413

Housing Wire

NOVEMBER 5, 2023

Real estate prospecting is a necessary activity for agents aiming to build a robust pipeline of buyer and seller leads. There are numerous methods an agent can use to prospect, some traditional and others that leverage technology. Here are some different methods that real estate agents use to prospect for leads.

Real Estate 390

Real Estate Tools Real Estate Agent Open Houses 390

Housing Wire

OCTOBER 1, 2024

g)(1)(v) exemptions allow payments pursuant to cooperative brokerage and referral arrangements between real estate agents and real estate brokers. This limited exemption on kickbacks only applies to fee divisions within real estate brokerage arrangements when all parties act in a real estate brokerage capacity.

Agents 369

Agents Real Estate Real Estate Agent Brokerage 369

Housing Wire

JUNE 20, 2024

Interest rates are a major headache for real estate agents across Illinois. On the sell side, agents say that low mortgage rates from a purchase or refinance transaction in late 2020 or early 2021 are keeping many potential sellers in their home. “A

Housing Market 372

Housing Market Agents Marketing Inventory 372

Housing Wire

JULY 21, 2021

Selling and buying in The Villages tends to be a highly emotional process, according to local real estate agents. which has seen real controversy in recent years. 16, 2019, the two top real estate agents for Properties of the Villages Inc. announced their abrupt departures by email.

Real Estate Agent 403

Real Estate Agent Real Estate Realty Agents 403

Housing Wire

OCTOBER 24, 2024

A referral estate referral occurs when a licensed agent or broker passes along a prospective buyer or seller to another licensed agent to handle a transaction. Sometimes, a real estate agent may choose not to work with a specific buyer or seller. Choose your moment!

Real Estate 304

Real Estate Real Estate Agent Agents Clients 304

Appraisal Buzz

SEPTEMBER 26, 2022

We have rules, we have standards, and we all know the exact definition of value. The “official unofficial” government-related loan definition of market value is clear. It says buyer and seller are: Prudent and knowledgeable. Also part of the definition: Reasonable market exposure time. Not affected by undue stimulus.

Market Value 323

Market Value Sellers Buyers Finance 323

Housing Wire

JANUARY 12, 2024

The best real estate CRM solution is the one that will manage your client interactions, increase the number of touchpoints with each client, and convert leads seamlessly into buyers and sellers. Below, we take a deep dive into the best real estate CRM solutions for solo agents, teams and brokerages.

Real Estate 409

Real Estate Real Estate Agent Tools Agents 409

Housing Wire

NOVEMBER 1, 2023

Three researchers believe a first-of-its-kind dataset has enabled them to definitively answer a long-debated question: why have buyer agent commission rates been so stable historically? and relied on salaried agents rather than commission-paid agents, who typically cost sellers 5-6%.

Clients 428

Clients Agents Buyers Sellers 428

Housing Wire

JUNE 7, 2024

Listings are the life-blood of all successful real estate businesses, but making the leap from working primarily with buyers to working with sellers can be a challenge for many agents early in their careers. Host open houses for other agents When you have your own listings, absolutely do your own open houses.

Real Estate 422

Real Estate Open Houses Agents Sellers 422

Housing Wire

MARCH 18, 2024

While Danzey said the NAR’s decision to settle was not surprising, the quick turnaround for a July implementation date of the new rules definitely gave him a start — and he was not the only one. It is kind of like, ‘Who moved my cheese?’ — it is a pivot from the norm of forever in real estate,” Smith said. More off-MLS listings?

Brokerage 390

Brokerage Real Estate Agents Sellers 390

Housing Wire

NOVEMBER 2, 2023

Real estate agents are always looking for vetted, high-quality leads — and especially so during 2023 market conditions. These providers offer a rapid and cost-effective means for real estate agents to gather a list of potential clients and ultimately boost sales.

Real Estate 348

Real Estate Real Estate Agent Tools Agents 348

Realtor

SEPTEMBER 19, 2023

Here are some things sellers can do—straight from the home appraisers’ mouths—to navigate the process of home appraisals. This usually takes at least a few days — and definitely more than a few hours. Here’s how to find a real estate agent in your area. And they won’t be fooled.

Appraisal 194

Appraisal Sellers Real Estate Agent Appraisal Process 194

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 343

Retail Mortgage Real Estate Agent Business 343

Housing Wire

OCTOBER 21, 2024

Prior to the implementation of the current CCP in May 2020, listing brokers had two business days from the signing of the listing contract to either enter the listing into the MLS as “active” or submit a listing exclusion form, which had to be authorized by the seller, to the MLS. That should not be dictated by an association.

Brokerage 380

Brokerage Real Estate Sellers Agents 380

Housing Wire

APRIL 22, 2024

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. Many of us are in sellers’ markets with very low inventory. The goal in prospecting FSBO sellers is to be that agent.

Real Estate 339

Real Estate Open Houses Brokerage Real Estate Agent 339

Housing Wire

OCTOBER 20, 2023

And with millennials emerging as the largest generation of homebuyers in today’s market, comprising 28% of all homebuyers, real estate agents need to master social media or they might miss out. Sixty percent of agents surveyed believe that social media provides higher quality leads than the MLS.

Real Estate 340

Real Estate Agents Real Estate Agent Decorating 340

Housing Wire

NOVEMBER 9, 2023

We’ve definitely seen a movement in the last few years to be more ‘end-consumer friendly’ if you will — making sure that they are protected, not only in knowing their rights, but that they are protected from all the cost that is associated with the real estate transaction,” Braga said.

Legal 340

Legal Real Estate Real Estate Agent Law 340

Housing Wire

JANUARY 10, 2024

SmartZip primarily benefits experienced listing agents, yet any agent willing to nurture seller leads can thrive with this platform. To generate real estate leads, SmartZip employs predictive analytics that sifts through consumer data from sources like credit card companies, market data from MLS and other demographic data.

Real Estate 325

Real Estate Real Estate Agent Tools Agents 325

Housing Wire

JULY 19, 2023

A typical commission dispute arises when, after signing a listing agreement or buyer-broker agreement: A seller-client “cancels” a valid purchase contract. A seller-client cancels a listing. A seller-client permits the property to be foreclosed upon. A seller-client refuses to pay the full amount of the agreed upon commission.

Real Estate 272

Real Estate Legal Clients Brokerage 272

Housing Wire

APRIL 26, 2023

It’s a small amount but it’s nice to have products where you can get a real estate agent’s attention with a product that another lender doesn’t have. There’s just more buyers than there are sellers,” added Steven Grossman, chief strategic officer at NJ Lenders.

Loan Officers 389

Loan Officers Mortgage Inventory Clients 389