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

MARCH 14, 2025

The market action index is 37, indicating that there is a slight seller’s advantage. 80% of buyers financed their home purchase, and 23% of people financed 80% to 89% of the home. 89% of sellers used an agent to sell their home. 70% of sellers are repeat sellers, 30% are first-time sellers.

Real Estate 313

Real Estate Marketing Real Estate Agent Sellers 313

Housing Wire

JANUARY 22, 2025

Rocket.com is designed for serious buyers and sellers, offering a streamlined path to homeownership, said Jamie Belsky, chief product and design officer at Rocket. The AI Agent streamlines tasks such as filling out applications and connecting users with Rocket Mortgage bankers.

Real Estate Agent 370

Real Estate Agent Design Real Estate Clients 370

Appraisal Buzz

JANUARY 22, 2025

The Detroit-based fintech has bundled these services at Rocket.com , a single portal where consumers can search, purchase and manage their home financing with an intuitive, AI-driven experience. The post Rocket Unifies its Real Estate Search and Home Financing Platforms appeared first on MortgageOrb.

Real Estate 195

Real Estate Finance Real Estate Agent Design 195

Housing Wire

JANUARY 12, 2024

Guaranteed Rate has introduced a new feature that allows sellers working with a G-Rate loan officer to pay a fee that locks in a permanently discounted mortgage rate for a buyer. But with RateReduce Sell, sellers will be able secure a lower rate by buying down points permanently.

Sellers 459

Sellers Real Estate Agent Loan Officers Mortgage 459

Housing Wire

SEPTEMBER 29, 2023

Even with demand buoyed by a sparse housing inventory, growing financial challenges for buyers are forcing home sellers to cut prices to close deals, a new Redfin research report found. And because mortgage rates have been above 7% for about two months consecutively, the cost of financing is extreme. According to the brokerage, 6.5%

Sellers 516

Sellers Buyers Inventory Real Estate Agent 516

Housing Wire

OCTOBER 31, 2024

Real estate agent commissions have held steady since August, but there’s a divergence at different price points. The data is derived from sales by Redfin agents who have closed a transaction in October or are scheduled to by the end of the month.

Real Estate Agent 375

Real Estate Agent Real Estate Agents Brokerage 375

Housing Wire

APRIL 15, 2024

The GSEs noted that this guidance was not an update to their selling guides but a clarification on the treatment of seller-paid real estate agent fees. ” The American Real Estate Association (AREA), a startup trade organization, also was pleased by Monday’s announcement.

Buyers 532

Buyers Agents Real Estate Agent Sellers 532

Housing Wire

OCTOBER 24, 2024

My mom and stepdad went into pre-foreclosure,” said Sandoval, a real estate agent and investor who specializes in working in low-income, often Latino neighborhoods in Southern California. “I Many of the distressed properties Sandoval encounters are not in good enough condition to qualify for traditional financing.

Retail 448

Retail Buyers Renovations Finance 448

Housing Wire

NOVEMBER 4, 2024

Newly released data from the annual profile of home buyers and sellers by the National Association of Realtors (NAR) shows just how dramatically this trend has manifested since the financial crisis of 2008. Elevated mortgage rates, sky-high home prices, tight credit and stagnant wages have all contributed to homebuyers getting older.

Real Estate Agent 345

Real Estate Agent Buyers Sellers Realtors 345

Housing Wire

APRIL 1, 2024

We do see this as a new asset class in the real estate ecosystem and we see it as complementary to traditional debt options that exist today,” Burnett said. Affordability has always been a challenge,” said Ashkán Zandieh, managing partner and industry chair at the Center for Real Estate Technology and Innovation. “In

Finance 467

Finance Investing Real Estate Agent Real Estate 467

Housing Wire

FEBRUARY 24, 2021

Technology has given consumers the power of choice and expedited the entire real estate purchasing process. This has heightened the need for digital tools for marketing, viewing, financing and closing on home purchases. HW: What steps in the real estate transaction could benefit from further digitalization?

Real Estate Agent 361

Real Estate Agent Real Estate Agents Loan Officers 361

Housing Wire

SEPTEMBER 30, 2024

The landmark antitrust lawsuit settlement agreed to by the National Association of Realtors (NAR) in March has put the practices of real estate agents in the spotlight for both regulators and clients alike. The study shows that there’s considerable homogeneity in the price outcomes of real estate agents.

Agents 488

Agents Real Estate Agent Real Estate Sellers 488

Housing Wire

DECEMBER 27, 2024

Our goal is to help educate you on what a real estate team is, how they work and the types of agents who thrive on teams. How do real estate teams work? These roles include: Buyers agents: These agents focus on helping clients purchase a new home.

Real Estate 418

Real Estate Tools Agents Real Estate Agent 418

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 514

Buyers Agents Mortgage Real Estate Agent 514

Housing Wire

OCTOBER 4, 2024

The HousingWire Pulse Survey for Q4 2024 provides valuable insights into the current state of the real estate market from various perspectives: brokerage leaders, mortgage professionals, and real estate agents. This diversity allows for a comprehensive understanding of the market dynamics.

Real Estate 459

Real Estate Housing Market Real Estate Agent Marketing 459

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 481

Buyers Agents Real Estate Agent Loan Officers 481

Housing Wire

SEPTEMBER 5, 2024

The report calls on more states and cities to pass “source of income” or “source of financing” anti-discrimination statutes and enforce them to protect homebuyers. The CFA also called on real estate associations to better educate agents on sources of financing discrimination and how to successfully work with FHA buyers.

Buyers 475

Buyers Real Estate Agent Inspection Real Estate 475

Housing Wire

AUGUST 1, 2024

But it will be their sellers who make the decision on an offer of compensation to a buyer broker. In the agreement, sellers have the option to choose to pay their listing broker an exact dollar amount, a percentage of the gross purchase price of the property or an undefined “Other.”

Sellers 448

Sellers Buyers Agents Law 448

Housing Wire

MARCH 28, 2024

At the moment, IPCs “include concessions from the seller to the buyer for items that are traditionally paid by the buyer such as loan closing costs or rate buy-downs,” but as buyer agents are customarily paid by the listing agent, their fees are excluded from caps on the IPCs. Sellers or buyers can pay the buyer’s agent’s fees.

Real Estate Agent 476

Real Estate Agent Sellers Buyers Real Estate 476

Housing Wire

FEBRUARY 28, 2024

Top 10 mortgage lender and servicer Newrez is partnering with Newzip , a tech-enabled real estate platform, to roll out a program aimed to save buyers and sellers on credit costs. Dubbed Newrez Home Rewards, buyers will be matched with a real estate agent who works with Newzip and provided booking services.

Real Estate Agent 448

Real Estate Agent Real Estate Loan Officers Agents 448

Housing Wire

FEBRUARY 4, 2021

More for Real Estate Enthusiasts. Need a real estate agent? Not only can it give you a good price range to work with, but it can also make sellers more likely to choose your offer. Work with an experienced agent. Having a great real estate agent can give you the upper hand in a seller’s market.

Housing Market 546

Housing Market Marketing Real Estate Agent Sellers 546

Housing Wire

JUNE 11, 2024

According to the release, the integration will allow Offerpad to provide a cash offer to more sellers and will extend Offerpad’s reach to a larger audience of potential sellers. We have our homebuyer partnership network and our real estate agent partnership network, so the next best place for us to be is a large marketplace.”

Sellers 488

Sellers Real Estate Agent Buyers Real Estate 488

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 487

Real Estate Agent Loan Officers Real Estate Agents 487

Housing Wire

DECEMBER 4, 2023

We’re writing today to address the unintended consequences that may result from the real estate agent commission dilemma stemming from recent lawsuits. There are multiple lawsuits challenging the prevailing structure of real estate agent commissions, and, as a result, there is no shortage of industry conversation on the topic.

Real Estate Agent 468

Real Estate Agent Real Estate Sellers Agents 468

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 458

Sellers Buyers Real Estate Agent Agents 458

Housing Wire

JULY 26, 2024

The HousingWire Pulse Survey for Q3 2024 provides a detailed snapshot of current housing market sentiments and challenges faced by real estate agents, brokers, and mortgage professionals. While not rated, relationship-building with real estate agents is crucial, especially in light of changes to MLS compensation policies.

Housing Market 482

Housing Market Real Estate Agent Marketing Training 482

Housing Wire

MAY 21, 2024

The United States Department of Veterans Affairs will soon release a circular that “bridges the gap” on an agency law that prohibits a VA buyer from paying their real estate agent compensation, a VA official announced on Tuesday.

Buyers 523

Buyers Agents Real Estate Agent Real Estate 523

Housing Wire

JUNE 25, 2024

While they’re one of the best opportunities for an objective party outside the deal to assess a home’s true value, they can also torpedo an asking price or cause a lender to rescind its financing offer. However, their role in the financing process is more important for many buyers. But that’s not all a home appraisal can do.

Appraisal 395

Appraisal Sellers Real Estate Agent Appraisal Process 395

Housing Wire

JULY 26, 2024

The majority of real estate sales fall under this category and usually employ a buyer’s and seller’s agent who negotiate on behalf of their respective parties. In a controlled transaction there is an established relationship between the buyer and seller. Discuss financing. Are they buying with cash?

Market Value 458

Market Value Real Estate Agent Real Estate Finance 458

Housing Wire

APRIL 3, 2023

Rocket Mortgage is throwing a big incentive at spring homebuyers, offering them up to $10,000 in closing cost credits if they work with a real estate agent through its affiliate, Rocket Homes. of their loan amount to put toward closing costs, helping defray upfront costs.

Agents 418

Agents Buyers Real Estate Agent Mortgage 418

Housing Wire

MAY 14, 2024

Louis-based Clever Real Estate found that recent homebuyers, as well as people who are considering a home purchase in the next year, are experiencing a laundry list of difficulties. Last month, Clever surveyed a total of 920 Americans about their views of the home purchase process and real estate agents.

Real Estate Agent 488

Real Estate Agent Agents Real Estate Buyers 488

Housing Wire

DECEMBER 1, 2023

In the face of a copycat commission lawsuit , the Real Estate Board of New York has vowed to fight. In an email blast sent to REBNY members, the New York City real estate agent trade group said it would “vigorously defend the litigation.” It is not required for a seller to compensate a buyer’s agent.

Real Estate Agent 434

Real Estate Agent Real Estate Agents Brokerage 434

Housing Wire

SEPTEMBER 19, 2023

Appraisals are required for homes financed with any type of mortgage. 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. The report is submitted to the lender, the buyer and the seller — when requested.

Real Estate 476

Real Estate Appraisal Agents Inspection 476

Housing Wire

JULY 23, 2024

The survey of 1,180 real estate agents across six Mid-Atlantic states and the District of Columbia found that 14% of sellers in June saw a contract fall through due to a buyer’s inability to secure financing, which was up from 11% in May. The surveyed agents also noted that affordability was the No.

Mortgage 511

Mortgage Real Estate Agent Finance Buyers 511

Housing Wire

APRIL 20, 2021

Snover said that few real estate agents suggest that buyers purchase a home with a renovation loan, sometimes because they are unfamiliar with the process — which has its complexities. Most sellers, if given the choice, would seldom choose a lengthy construction financing process to a cash offer on a dilapidated house.

Renovations 468

Renovations Real Estate Agent Construction Buyers 468

Housing Wire

AUGUST 2, 2024

home seller pays a 2.55% commission to the real estate agent hired by their buyer, down from an average of 2.62% in January, according to a Redfin analysis of MLS data. The typical U.S. Still, even before the blitz of publicity around the class-action lawsuits and NAR settlement, commissions were coming down.

Agents 476

Agents Buyers Real Estate Agent Sellers 476