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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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Kickback accusations nothing more than government abuse and overreach, Pennsylvania mortgage brokerage says

Housing Wire

More state attorneys general are getting in on the Real Estate Settlement Procedures Act ( RESPA ) action. Through this setup, Newhart and the other Defendants attempted to mask the kickbacks they paid to Real Estate Professionals as sales of stock and profit distributions to shareholders, the complaint states.

Brokerage 254
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Report warns that percentage-based agent commissions could harm consumers

Housing Wire

based Consumer Policy Center (CPC) warns that the common practice of percentage-based real estate commissions may be a financial disadvantage for home buyers and sellers. The CPC points to commission structures that discourage price negotiations and cause consumers to underestimate the true cost of agent fees.

Agents 365
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This real estate pro is taking an ‘enlightened’ approach to diversify revenue streams

Housing Wire

Brady, the broker-owner of Partners Real Estate Group , already had a property management arm for his business through Progressive Property Management. Ive been in real estate since 1997 and Ive been in property management since 2012, Brady said.

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Reverse mortgage originator: real estate CE helps close more purchase loans

Housing Wire

Mangus then worked to build the dedicated reverse mortgage department at his new company from scratch and has found a notable degree of success by building Home Equity Conversion Mortgage (HECM) for Purchase (H4P) business through the use of continuing education (CE) classes designed for licensed real estate agents.

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Rocket announces discount real estate brokerage

Housing Wire

Rocket Homes has plans to start iBuying – and discount real estate. Such are the ambitions of an array of companies today including Zillow and real estate brokerage Compass. Such are the ambitions of an array of companies today including Zillow and real estate brokerage Compass. 1 mortgage lender in the U.S.

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How to get a Massachusetts real estate license in 5 easy steps

Housing Wire

If you want to learn how to get a Massachusetts real estate license, you should know that it can be completed in about six weeks. State law requires you to complete a 40-hour course at an approved Massachusetts real estate school to begin the process.