Housing Wire

APRIL 26, 2024

FHA will move forward with its proposal that permits contributions by the property seller, real estate agent, builder, or developer to HECM for Purchase borrowers’ closing costs,” the update said.

Real Estate Agent 488

Real Estate Agent Development Real Estate Sellers 488

Housing Wire

APRIL 30, 2024

AARP concerns “FHA will move forward with its proposal that permits contributions by the property seller, real estate agent, builder, or developer to HECM for Purchase borrowers’ closing costs,” HUD said in its update to the policy. Certner cited fair lending concerns and the potential of undue borrower influence.

Mortgage 446

Mortgage Real Estate Agent Sellers Construction 446

Housing Wire

MAY 3, 2023

On Friday afternoon, my real estate agent called with good news. The agent wished me well and said that she would appreciate a review on her website. It wasn’t so long ago that experts said the internet would drastically bring down agent commissions. I briefly considered a “listing only” agent , but chickened out.

Agents 435

Agents Real Estate Agent Brokerage Real Estate 435

The Appraiser Coach

SEPTEMBER 14, 2021

We frustrate buyers, sellers, loan officers and, sometimes, real estate agents. Appraisers have been accused of being “speed bumps” in the lending process. In some ways, I can understand their. Read More.

Agents 370

Agents Appraisal Real Estate Agent Loan Officers 370

Housing Wire

AUGUST 22, 2024

Filed in Florida in late April, the Lutz suit accuses HomeServices and its subsidiaries, BHH Affiliates and HSF Affiliates , of conspiring to artificially inflate real estate agent commissions. home sellers) pursuing the same injunctive relief that Plaintiff seeks here,” the filing states.

Law 434

Law Real Estate Agent Real Estate Brokerage 434

Housing Wire

JUNE 12, 2024

Thirty-five percent of respondents think that VA loans take longer to close than other loan types, while 32% think the federal government sets the associated interest rates. One way for Veteran buyers to get the most from their benefit is to work with real estate agents who know and understand the power of VA loans.”

Real Estate Agent 465

Real Estate Agent Agents Buyers Government 465

Housing Wire

AUGUST 8, 2024

Incomes, wealth, life events, mortgage rates all play a role in determining housing demand, while on the supply side we have land costs, government regulations in terms of zoning rules, geographic constraints to building and builder financing costs,” Divounguy added. “So, When you have to bring in more cash, it is a big deal,“ he said.

Housing Market 488

Housing Market Marketing Mortgage Sellers 488

Housing Wire

AUGUST 11, 2021

But Rocket’s announcement provides a couple of specific ways it wants to cut into the real estate market and challenge traditional agents. Foremost is the ability for a home seller to work with an in-house Rocket real estate agent who is in “downtown Detroit” and will receive a commission of 1.5%

Real Estate 448

Real Estate Brokerage Real Estate Agent Agents 448

Housing Wire

MAY 17, 2024

In just the past year, the Department of Justice has called for a full dislocation of real estate agent commissions between sellers and buyers, and new appraisal bias protections have been set up.

Lending 481

Lending Real Estate Agent Contracts Government 481

Housing Wire

APRIL 23, 2024

In the purchase space, Martell said that real estate agents are the company’s “biggest source” of leads and are all “trying to figure out” what the NAR settlement will mean for the market. ” “The government is disrupting some of their sites, but we need more of that. ”

Mortgage 424

Mortgage Real Estate Agent Real Estate Renovations 424

Housing Wire

JULY 23, 2024

In a report released Tuesday , the government-sponsored enterprise anticipated the Federal Reserve would cut benchmark rates in September and December, resulting in the average 30-year rate declining to 6.8% The surveyed agents also noted that affordability was the No. Fannie Mae economists project two rate cuts by the end of 2024.

Mortgage 511

Mortgage Real Estate Agent Finance Buyers 511

Housing Wire

NOVEMBER 9, 2023

So, the fact that we are now seeing things further in the process come down to agents and brokers — I was not entirely surprised by that.” In addition to the DOJ, real estate agent commissions may have caught the eye of yet another government agency.

Legal 459

Legal Real Estate Real Estate Agent Law 459

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 435

Agents Real Estate Real Estate Agent Brokerage 435

Housing Wire

NOVEMBER 16, 2021

Change is inevitable, and there is arguably no industry more prone to change than American real estate. From rapid technological advancements employed by real estate agents to innovations surrounding ways consumers can view housing information, the market has continued to adapt and evolve to better serve American consumers.

Real Estate Agent 370

Real Estate Agent Real Estate Sellers Agents 370

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 459

Sellers Buyers Real Estate Contracts 459

Housing Wire

FEBRUARY 7, 2023

It essentially allows qualified buyers with a government loan to purchase a home by assuming responsibility for the sellers’ mortgage terms, including the current balance and interest rate. It also allows home sellers to receive top dollar for the home, he said. The product, known as an assumable mortgage, is not new.

Mortgage 397

Mortgage Loan Officers Government Buyers 397

Housing Wire

MARCH 7, 2022

The creation of the NFT real estate market thrusts a spotlight onto a Silicon Valley company specifically throwing itself into real estate, blockchain and NFTs. It also gives real estate agents ideas. Heckler was the listing agent of the auctioned off Gulfport home.

Real Estate 501

Real Estate Law Inspection Agents 501

Appraisal Buzz

JUNE 19, 2024

Nearly 20% of those veterans polled cited seller hesitation about VA offers and negative attitudes about VA loans among sellers’ real estate agents as major challenges with using their benefit.

Housing Market 394

Housing Market Marketing Real Estate Agent Real Estate 394

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. Representatives for Anywhere and Keller Williams declined to comment on the fast-approaching hearing date.

Realtors 447

Realtors Real Estate Real Estate Agent Brokerage 447

Housing Wire

JULY 12, 2024

Real estate advice + top tech, lead gen & marketing tools — delivered to your inbox. Get expert advice, independent reviews and product recommendations from our editorial team of experienced real estate agents, brokers and coaches. Can I renew my Massachusetts real estate license online?

Real Estate 448

Real Estate Government Real Estate Agent Agents 448

Housing Wire

FEBRUARY 22, 2024

When the Department of Justice (DOJ) revealed last week the changes it would like to see in how real estate agents and brokers are compensated through its statement of interest filed in the MLS Property Information Network commission lawsuit , few in the real estate industry were surprised by the agency’s desire to decouple commissions.

Sellers 448

Sellers Buyers Real Estate Agents 448

Housing Wire

APRIL 25, 2023

For Rocket Pro TPO, home sellers or real estate agents funded the program for borrowers. “We’re Launched in September 2022, Rocket Mortgage’s Inflation Buster, which ended on March 31, covered the difference in mortgage payments in the first 12 months through a special escrow.

Buyers 370

Buyers Finance Real Estate Agent Government 370

Housing Wire

NOVEMBER 1, 2023

In metros across the country, decade after decade, pre-internet and post-internet, buyer agents almost always get 2-3% of the sale price, paid by the seller, the researchers note. and relied on salaried agents rather than commission-paid agents, who typically cost sellers 5-6%.

Clients 459

Clients Agents Buyers Sellers 459

Housing Wire

JULY 19, 2022

Michael Loftin, CEO of Homewise , whose work revolves around sustainable homeownership, suggested HUD take a cue from the government-sponsored enterprises. Loftin also suggested a subsidy for real estate agents, because “they can’t make a living selling $40,000 homes.”

Mortgage 397

Mortgage Finance Lending Development 397

Housing Wire

SEPTEMBER 7, 2023

For most real estate agents, working with a reliable lending partner is essential to a smooth and successful transaction. That partnership is everything,” Amy Breach, a Seattle-based Keller Williams agent, told HousingWire in late 2022. The lender and LO can make or break the transaction.”

Buyers 418

Buyers Agents Loan Officers Real Estate 418

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 476

Real Estate Sellers Technology Real Estate Agent 476

Housing Wire

AUGUST 26, 2024

Although the industry is barely than a week into the “ new normal ,” some real estate agents and brokers are already seeing smaller buy-side commissions. “It Nationwide , the typical American home seller paid a 2.55% commission to their buyer’s broker during the four-week period ending July 14.

Brokerage 511

Brokerage Agents Real Estate Business 511

Housing Wire

MARCH 1, 2022

Later in 2020, eOriginal was acquired by Wolters Kluwer for $280 million in cash and continues to operate within the Wolters Kluwer Governance, Risk & Compliance business. Real estate is a $206 billion industry, according to IBISWorld. Knock.com offers solutions for both buyers and sellers. And, why not?

Real Estate 397

Real Estate Brokerage Real Estate Agent Technology 397

Housing Wire

MARCH 14, 2022

As the principal broker for a RE/MAX franchise in coastal Cannon Beach, Oregon, Alaina Giguiere’s typical responsibilities include marketing homes for sellers, touring homes with buyers, generating new business leads, managing client relationships, and drafting and reviewing contracts with buyers and sellers.

Real Estate 435

Real Estate Insurance Law Real Estate Agent 435

Housing Wire

JANUARY 17, 2023

A subsidiary of HomeServices of America and owner of about 40 real estate brands across the country, the lender’s success is tied to its affiliated real estate brokerages’ business. The Virginia-based mortgage bank sponsors 679 loan originators and has 492 branches, according to the NMLS.

Mortgage 418

Mortgage Real Estate Real Estate Agent Realtors 418

Housing Wire

MAY 31, 2022

Among them are Geneva Financial , a mortgage lender headquartered in Arizona, which opened a branch location in Chicago, and New Western , a real estate investment firm, which also launched its first office in Chicago, marking its expansion with its 43rd office location in its 19th state. Department of Agriculture (USDA).

Mortgage 397

Mortgage Construction Lending Real Estate 397

Appraisal Buzz

JUNE 17, 2024

Nearly 20% of those veterans polled cited seller hesitation about VA offers and negative attitudes about VA loans among sellers’ real estate agents as major challenges with using their benefit.

Real Estate Agent 221

Real Estate Agent Real Estate Sellers Agents 221

Housing Wire

FEBRUARY 13, 2024

Walker said the prospect of lower mortgage rates is prompting many agents to feel more positive about the 2024 housing market. Lower rates are likely to make homeownership accessible to more buyers and it should prompt some potential sellers who are locked in at a rate of 3% or less to list.

Construction 435

Construction Supply Chain Inventory Agents 435

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 468

Mortgage Buyers Agents Real Estate Agent 468

Miller Samuel

NOVEMBER 30, 2018

One group not explicitly mentioned in the petition but impacted down the road are real estate agents and brokers. If the buyer realizes they overpaid for the property, the agents are now the professionals with the bullseye on their back. The seller and the buyer determined the market value by agreeing on the price."

Appraisal 300

Appraisal Inspection Real Estate Agent Agents 300

Housing Wire

OCTOBER 1, 2021

It is hot, hot, hot here,” Clay Winder, a real estate agent for Keller Williams Westfield , said. If the house is over the average days on the market, buyers can offer list price, but if it’s new to the market on an opening weekend, they might go $5,000 to $10,000 over,” Becca Summers, a local Keller Williams agent said.

Housing Market 448

Housing Market Marketing Agents Real Estate 448

Housing Wire

AUGUST 1, 2024

At eBay, you have a network of sellers and a B2B component just like [Realtor.com] where you have agents, brokers and teams.” Buyer’s agents also benefit from receiving more clientele and government recognition. Collins asks Neuberger to explore his key objectives during his early days at Realtor.com.

Buyers 447

Buyers Real Estate Agents Clients 447