Housing Wire

FEBRUARY 24, 2021

Vance Loiselle: In the 20th century, the primary technology innovations in real estate were the telephone and the MLS. This century has seen a rapid shift to a digital-first economy from the internet to portals to email marketing to smartphones to social media. VL: So many areas could benefit by embracing digitalization.

Real Estate Agent 369

Real Estate Agent Real Estate Agents Loan Officers 369

Housing Wire

FEBRUARY 21, 2024

Curbio , a provider of pre-sale home improvement services that requires payment at closing, will provide its “Build Your Own Estimate” mobile app to NAR members, which offers free repair estimates for home inspections upon the upload of a PDF document. markets, according to the page.

Home Improvement 417

Home Improvement Realtors Real Estate Agent Inspection 417

Housing Wire

JUNE 25, 2024

After years of a market that favored sellers, the pendulum is slowly swinging back in favor of buyers. Compared to years past when homes sold in hours for thousands above asking, 41% of millennials expect to negotiate with sellers , 26% of whom expect to lower their prices.

Appraisal 388

Appraisal Sellers Real Estate Agent Appraisal Process 388

Housing Wire

SEPTEMBER 20, 2024

He highlights the importance of having a simple document to preserve the buyer’s experience by making things simple and transparent. eXp purposely designed the document in a way that uses as little legal jargon as possible, so as to not confuse buyers and sellers.

Agents 417

Agents Brokerage Real Estate Tenants 417

Housing Wire

SEPTEMBER 19, 2023

This will help you set a realistic price and manage your sellers’ expectations. For appraisals that are low, a seller may want to get a second appraisal. If the second appraisal comes back higher, buyers and sellers may feel more comfortable meeting in the middle. At this point, an estimated market value is generated.

Real Estate 460

Real Estate Appraisal Agents Inspection 460

Birmingham Appraisal

JUNE 21, 2023

Appraisals provide an objective assessment of a property’s worth, ensuring accurate market value and facilitating successful transactions. Real estate agents, as trusted guides for their clients, must possess a good understanding of the factors that influence property appraisals.

Real Estate Agent 81

Real Estate Agent Real Estate Agents Appraisal 81

Housing Wire

APRIL 3, 2024

The Community Home Lenders of America (CHLA) this week submitted a letter to the Federal Housing Administration (FHA) that urges the agency to “provide comparable down payment treatment for FHA borrowers, regardless of whether or not the seller is willing to pay the home buyer broker commission,” according to an announcement by the organization.

Sellers 441

Sellers Buyers Agents Real Estate Agent 441

Birmingham Appraisal

JUNE 13, 2023

Appraisal Tips For Real Estate Agents As a real estate appraiser with over 30 years of experience, I have seen many changes and challenges in the appraisal profession and the real estate market. I believe that appraisers and agents have a common goal: to help their clients buy or sell a home.

Real Estate Agent 83

Real Estate Agent Real Estate Agents Reconsideration of Value 83

Housing Wire

JULY 10, 2024

We’ll walk you through the steps to creating an impressive, concise, and attractive listing presentation document, which you can present in hard copy or digital format. Research market data Your work begins once you and your client have set an appointment to meet. Days on Market: How long does it take for properties to sell?

Sellers 417

Sellers Real Estate Agents Clients 417

McKissock

JULY 26, 2021

Ever wondered what it takes to work in real estate with celebrities? Being a celebrity real estate agent isn’t too different from working with clients who aren’t famous — but there are a few notable takeaways to focus on each time you have a celebrity client. Privacy is always the best policy.

Real Estate Agent 94

Real Estate Agent Real Estate Agents Clients 94

Housing Wire

OCTOBER 27, 2023

Admittedly, the myriad of documents requiring signatures can be overwhelming, especially for first-time homebuyers. The American Land Title Association, alongside our real estate industry partners, are committed to making transactions easier for everyone through consumer education efforts. Where should homebuyers start?

Insurance 506

Insurance Real Estate Buyers Real Estate Agent 506

McKissock

AUGUST 24, 2022

To answer that question, we connected with some seasoned pros and asked them to help us identify the best technology for real estate agents. Because we have so many clients, listings, and tasks to handle, my team of agents and I rely on Trello. You no longer need to rush back to the office to scan important documents.

Real Estate Agent 58

Real Estate Agent Real Estate Technology Agents 58

Housing Wire

JULY 2, 2024

On Tuesday, the CFA announced it had also sent an analysis of CAR’s seller agreement to the DOJ. In her report , Montestier wrote that, “No seller will read this monster of a document – much less be able to understand it.” The complexity of the agreement reflects the complexity of California real estate transactions.

Legal 451

Legal Real Estate Realtors Sellers 451

McKissock

JUNE 26, 2022

Part of knowing your audience as a real estate agent is anticipating what they need and expect from your services. Without accounting for your real estate clients’ common needs and expectations , you might be underperforming and risk losing their business. Be Educated on the Market.

Real Estate Agent 66

Real Estate Agent Clients Real Estate Agents 66

Housing Wire

FEBRUARY 16, 2024

The modified rule still gives sellers and their listing brokers a role in setting compensation for buyers’ brokers,” the filing states. According to the DOJ, when a seller makes an offer of compensation to the buyer broker, the buyer broker does not need to compete on their compensation price in order to attract clients.

Sellers 441

Sellers Buyers Real Estate Contracts 441

Housing Wire

JANUARY 29, 2024

According to the National Association of Realtors® (NAR), 89% of buyers would recommend their real estate agent to others. Further, their study found that 36% of sellers who worked with an agent found them through a referral by friends or family. Name], thank you so much for choosing me as your real estate agent!

Real Estate 417

Real Estate Clients Real Estate Agent Agents 417

Housing Wire

DECEMBER 7, 2023

As the real estate market continues to grapple with high interest rates and low inventory, agents entering the market are looking for affordable client relationship management (CRM) tools that offer a cost-effective means to automate and manage client interactions.

Real Estate 451

Real Estate Real Estate Agent Tools Agents 451

Housing Wire

DECEMBER 7, 2023

Editor in Chief Sarah Wheeler sat down with Tom Cronkright, co-founder and executive chairman of CertifID and CEO of Sun Title , to talk about battling the latest frauds and scams as bad actors leverage a new arsenal of tech tools to wreak havoc on buyers and sellers of real estate. TC: Seller impersonation fraud.

Real Estate 460

Real Estate Sellers Technology Real Estate Agent 460

McKissock

MAY 4, 2021

Just about every market across the United States saw a huge influx of first-time homebuyers and sellers as a result of record-low mortgage rates and the desire for more space. In today’s hot market you have to move quickly, so help them be prepared mentally and have any documents needed at hand.

Sellers 95

Sellers Marketing Buyers Real Estate 95

PennyMac

JULY 20, 2021

Whether you are buying or selling a home, your real estate agent will be your partner through one of the most significant transactions of your life. Finding the right agent should involve careful planning and research, but many of us just don’t know where to start. How long have you been working as a real estate agent?

Real Estate Agent 69

Real Estate Agent Real Estate Agents Sellers 69

Housing Wire

SEPTEMBER 16, 2022

For Rocket Pro TPO, home sellers or real estate agents will be funding the program, similar to a buydown program rival United Wholesale Mortgage launched last month. Rocket Mortgage will be covering the difference in mortgage payments in the first 12 months through a special escrow account. Presented by: Mortgage Coach.

Mortgage 403

Mortgage Real Estate Agent Sellers Real Estate 403

Housing Wire

DECEMBER 8, 2023

In today’s market, having a preapproval, at the minimum, is a must. Help them write a winning offer Understand what the seller is desiring beyond the asking price. With a changing market, home inspections are now becoming a secondary point of negotiation. What steps must they take to achieve loan commitment?

Real Estate 441

Real Estate Clients Inspection Buyers 441

Lamacchia Realty

FEBRUARY 21, 2024

SELLERS, HERE'S WHAT TO DO IF A BUYER REQUESTS REPAIRS AFTER INSPECTION Selling your home and moving into a new one can be an exciting life chapter. A common issue that sellers should be prepared for is a buyer requesting repairs after the home inspection. So, what do you, as a seller, do in this scenario?

Inspection 78

Inspection Sellers Buyers Realtors 78

Raleigh Realty

FEBRUARY 4, 2022

What is Dual Agency in Real Estate and Should you Avoid it Most buyers and sellers are familiar with how listing agents and buyer’s agents work which leads us to the question of what is dual agency in real estate? What is Dual Agency in Real Estate?

Real Estate 148

Real Estate Real Estate Agent Sellers Agents 148

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. The seller decided to counter back multiple people at $445,000 + no contingencies.

Appraisal 540

Appraisal Reconsideration of Value Real Estate Agent Sellers 540

Housing Wire

AUGUST 4, 2023

Achieving success as a real estate agent requires more than simply understanding the mechanics of the job. Here are 10 essential skills every real estate agent should possess. Here are 10 essential skills every real estate agent should possess. Another hat to place on your head?

Real Estate Agent 370

Real Estate Agent Real Estate Agents Clients 370

Housing Wire

APRIL 14, 2022

Then, the mortgage industry showed why it is called a cyclical business: in the second half of 2021, the Federal Reserve signaled an increase in interest rates and an easing of the purchase of mortgage-backed securities, choking the refi market. Pennymac estimates it has 17% market share in the correspondent channel, compared to 1.4%

Mortgage 525

Mortgage Marketing Retail Lending 525

Housing Wire

JANUARY 13, 2021

Coined as Seller Digital, the platform will also allow secondary market lenders to track and validate any Mandatory commitments they are working on in the pipeline. “To The tech will assess the completeness of the loan package when sellers upload required documents and set conditions when information is missing.

Mortgage 375

Mortgage Sellers Technology Real Estate Agent 375

Housing Wire

APRIL 20, 2022

Bonnie Williamson never intended to be a real estate agent. In their place are slick videos, glossy Instagram marketing photos and digital business cards. “I Then also if I am using Command to do something and my assistant gets on to build a marketing campaign, we can’t do things at the same time, it just won’t work.”.

Real Estate Agent 430

Real Estate Agent Real Estate Agents Brokerage 430

Housing Wire

MARCH 25, 2024

They noted that NAR’s settlement prohibits disclosing offers of cooperative compensation, broker compensation or total broker compensation, but it does not address including remarks noting that buyer agent compensation will not be offered. Seller concessions is money that is being given by the seller directly to the buyer,” Papasan said.

Agents 451

Agents Advertising Real Estate Sellers 451

Housing Wire

MARCH 5, 2024

Raunaq Singh wanted to capitalize on that opportunity and founded Roam , a platform that helps buyers and sellers with the assumption process. Roam acts as a facilitator, synchronizing all stakeholders involved in the assumption process, including real estate, title and escrow agents, attorneys, and the buyer and seller themselves.

Mortgage 451

Mortgage Buyers Agents Real Estate Agent 451

Housing Wire

MAY 1, 2024

When HomeServices of America reached a nationwide settlement agreement last week in the commission lawsuits filed by home sellers, it became the final defendant in the two original commission cases, Sitzer/Burnett and Moehrl, to do so. According to court documents, the final approval hearing for NAR’s settlement is set for Nov.

Realtors 429

Realtors Real Estate Real Estate Agent Brokerage 429

Housing Wire

JULY 28, 2021

According to the National Association of Realtors 2021 Home Buyers & Sellers Generational Trends Report , 84% of buyers 30 years and younger cite “helped buyer understand the process” as the most important benefit provided by real estate agents during the home purchase process.

Brokerage 545

Brokerage Real Estate Clients Agents 545

Housing Wire

JULY 25, 2023

“State Farm General Insurance Company made this decision due to historic increases in construction costs outpacing inflation, rapidly growing catastrophe exposure, and a challenging reinsurance market,” the company wrote on its website. Entry level homebuyers are getting hit hardest. It is just a sign of the times here in California.”

Insurance 370

Insurance Housing Market Marketing Agents 370

Housing Wire

MAY 11, 2021

Customers can now sell and buy homes with Opendoor in 27 different markets compared to 21 one year ago. Founded in 2014, Opendoor is a pioneer in cash home-buys moving online, and an alternative to home sellers having to work with real estate agents. And by some secondary measurements, Opendoor is growing.

Real Estate Agent 370

Real Estate Agent Real Estate Brokerage Inventory 370

Housing Wire

APRIL 8, 2021

Get pre-approved to show you mean business: Consider obtaining a pre-approval for a mortgage from a lender by the time you reach the offer stage, as this document can play a key role in the negotiation process. Another seller’s home may need repairs, and you put in your offer the need for a seller credit to pay for them.

Inspection 451

Inspection Sellers Buyers Tools 451

Housing Wire

OCTOBER 23, 2023

This includes financials, organizational documents, agent productivity reports, operating metrics, vendor contracts, lease agreements, employment agreements, insurance documents, and more. Sellers must be prepared for complete transparency and to provide the innermost details of their company.

Real Estate 429

Real Estate Brokerage Valuation Contracts 429