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NAR adds home improvement contractor’s app to Realtor benefits

Housing Wire

The National Association of Realtors (NAR) announced on Wednesday the addition of a home repair estimate app to its package of NAR Realtor Benefits for members. markets, according to the page. Members will also “receive a free digital floor plan with every Curbio project,” according to the announcement.

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How to Become a Real Estate Agent in Illinois (IL) in 5 Steps

Housing Wire

If you’re interested in becoming a real estate agent in Illinois, you’ll be happy to hear that the path to getting your real estate license in the Prairie State doesn’t require as much of a time commitment as other states. 1] As a real estate broker in Illinois, it is not legal for you to work independently.

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Feds seek to enlist real estate agents in anti-corruption push

Housing Wire

The Financial Crimes Enforcement Network , or FinCEN, is floating a proposed anti-money laundering rule that could impose reporting mandates on a broad swath of professionals in the residential real estate market, including real estate agents, brokers, attorneys, title insurance companies and settlement agents.

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NAR magazine devotes space to reverse mortgages and seniors

Housing Wire

The official magazine for the National Association of Realtors (NAR) recently touched on the topic of reverse mortgages, mentioning products such as the Home Equity Conversion Mortgage (HECM) for Purchase (H4P) and addressing topics like the desires of baby boomers to age in place in their homes.

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Demystifying home appraisals

Housing Wire

After years of a market that favored sellers, the pendulum is slowly swinging back in favor of buyers. Sellers should begin to gather documentation and support for a higher appraisal. Stage 2: The appraisal Whenever possible, the real estate agent and even the homeowner should be present during the appraisal.

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CHLA urges FHA’s equal treatment of homebuyers despite commission status

Housing Wire

The letter is being sent in response to a series of real estate commission lawsuits and the recent $418 million settlement by the National Association of Realtors (NAR), with the association also agreeing to abolish the “Participation Rule” requiring sell-side agents to make an offer of compensation to buyer brokers.

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Guaranteed Rate deploys Gateless’ Smart Underwrite solution

Housing Wire

In a fast-paced real estate market, many potential homebuyers miss out on their dream homes due to the lengthy mortgage approval process. Now, with Smart Underwrite, we can continue to expedite and streamline the process for both our customers and real estate agents.