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What is a real estate broker vs. an agent? We explain the key differences

Housing Wire

Whether you’re looking to start a career in real estate, already have one or are involved in real estate transactions, you may find yourself wondering about industry terminology and job titles. So, let’s start with the basics: What is a real estate broker vs. an agent? Summary What is a real estate agent?

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Real estate newsletters: The ultimate playbook (+ 49 topic ideas & subject lines)

Housing Wire

Real estate agents often make the mistake of believing their clients will remember them forever but they dont. One of the easiest and most cost-effective ways to stay top-of-mind with clients and prospects is by consistently delivering value in an informative, helpful real estate newsletter. So, where do you start?

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Costs Mounting for Homebuyers

Appraisal Buzz

According to new research from Clever Real Estate , a St. Louis-based real estate company, homebuyers spend an average of $31,975 in homebuying expenses, such as closing costs, repairs, and moving, in addition to their down payment. home ($501,500) adding $75,255, the upfront cost totals a staggering $107,230.

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Double whammy: Florida condo market grapples with rising insurance costs, milestone inspections

Housing Wire

While it may be easy to attribute the slower market conditions to the state’s well-publicized insurance issues , local agents say there is a perfect storm of factors. “It Insurance is still a major hurdle for many. Altos’ data shows that the 90-day median time on market jumped from 49 days a year ago to 70 days as of mid-July.

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Pending legislation would end home inspection waivers in Massachusetts

Housing Wire

A housing market marked by relatively high interest rates and tight inventory — and punctuated by the practice of home inspection waivers to sweeten offers — are taking a bite out of business for home inspectors, who play a key role in the sales process by ensuring that buyers are not being sold a lemon of a house. and Canada.

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Home sale cancellations hit record high in January

Housing Wire

With less competition, some buyers are backing out during the inspection period, hoping for a better deal. Florida is experiencing a slowdown as the state faces rising home insurance costs, HOA fees, and increasing risks from natural disasters. Many are opting to wait out market instability before committing to a purchase. Houston 17.8%

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CoreLogic integrates CAL FIRE inspection data

Housing Wire

The firm announced Friday that it is incorporating Public Resource Code (PRC) 4291 inspection data into its WFMS. CoreLogic said it plans on using this data to improve its prefill solution by providing insurance carriers with important wildfire mitigation information to support policyholders. CoreLogic’s WFMS ranges from 0.1