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? Enter the savvy seller.

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Housing Wire

FEBRUARY 4, 2021

Need a real estate agent? Get pre-approved before beginning your home search. A mortgage pre-approval is non-negotiable in this environment. When faced with multiple bids, pre-approved ones are typically stand-outs, indicating a buyer is prepared, ready to buy and a safe bet to follow through with the deal.

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Housing Wire

NOVEMBER 15, 2024

Real estate license reciprocity means an agent or broker’s ability to get licensed and operate or practice in a new state, whereas real estate license portability refers to an agent or broker’s ability to conduct a single transaction across state lines. What is real estate license reciprocity? What is real estate license portability?

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Housing Wire

FEBRUARY 19, 2025

Buyers agents are not just bright smiles that open doors were the guide our clients rely on to navigate the homebuying process. Thats why having a definitive homebuying checklist is an essential part of your agent toolkit. This is when your buyers need you the most. Have you spoken to a lender?

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Housing Wire

NOVEMBER 8, 2021

After completing countless Veterans Administration (VA) mortgage loan transactions over the years, Chris Pascoe, a Marine veteran turned RE/MAX agent, has developed something of a system. First, he has his clients lender call the listing agent. Somebody has a problem once and then that story just spread.

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Housing Wire

OCTOBER 1, 2020

Effective Thursday, homebuyers on Realtor.com who say they wish to be pre-approved for a mortgage will see an advertisement from Rocket Mortgage that will allow them to receive pre-approval in as little as 20 minutes. It’s being rolled out in hundreds of test markets. “They think, ‘I want to buy a home.’

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Housing Wire

OCTOBER 9, 2023

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. The actual professionals who many states call “brokers,” however, are called “managing brokers” in Illinois.

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Housing Wire

JANUARY 31, 2025

of Regulatory Agencies or DORA) requires all students to complete an approved course of study totaling 168 class hours. Know what to expect In order to get your real estate license in Colorado, youll need to complete 168 hours of coursework at one of Colorado Division of Real Estate’s approved schools. I opted for the latter.

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Housing Wire

FEBRUARY 14, 2024

If you’re new to real estate, you must complete a state-approved course and pass your state’s licensing exam. Aceable Agent is an online real estate school that offers self-paced real estate courses designed for mobile app and web. The number of required class hours varies according to state law.

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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. According to industry experts, there is more to a home offer than just the price you are willing to pay.

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Housing Wire

JULY 16, 2021

So putting listings online in a portal,” said Carey Armstrong, who co-founded the company with Greg Schwartz, and ran Premier Agent at the Seattle real estate tech giant. So putting listings online in a portal,” said Carey Armstrong, who co-founded the company with Greg Schwartz, and ran Premier Agent at the Seattle real estate tech giant.

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Housing Wire

JUNE 3, 2024

We are eager to see the profound impact Roof Pro will have on the interactions and efficiencies of our broker partners, their agents , and customers.” The core skills of Roof AI revolve around functions such as searching for properties, finding an agent and starting the mortgage financing process. “We

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Housing Wire

SEPTEMBER 21, 2023

The PowerVP app will create new loans; invite customers to complete a digital mortgage; send a one-click conditional approval letter; lock in rates ; obtain real-time pricing and run a credit report, the company said in a release. Agents submitting an offer at 8:30pm? The lender originated $10.6 market share, IMF data showed.

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Housing Wire

AUGUST 24, 2022

Buyers can qualify for Tomo appraisal coverage by having an underwritten pre-approval from Tomo Mortgage before making the offer, a minimum of a 10% down payment, and are working with a Tomo partner agent who runs the property address through a verification process with Tomo before placing the offer.

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Housing Wire

JULY 4, 2024

The role of real estate and mortgage professionals In times like these, the role of real estate agents , brokerage owners and lenders becomes even more critical. As we celebrate Independence Day this year, it’s natural to reflect on the American Dream of homeownership. This dream, however, seems to be facing challenges.

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Housing Wire

JANUARY 31, 2023

Even if I write seven pre-approvals a day, when there is one house and there’s 20 people that want to buy the same house, we still can’t do a lot of deals,” Marquis said. I know that sounds crazy, but we have a lot of clients reaching out for pre-approvals. That’s our biggest issue in Boston.”

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Lighter Side of Real Estate

MARCH 11, 2025

If you wait until the market is already in full swing, you may struggle to secure the right real estate agent, miss out on great homes, or find yourself caught in a frenzy of competing buyers. Thats why its a good idea to get the ball rolling with your real estate agent before the spring market kicks off.

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Housing Wire

OCTOBER 22, 2023

Texas residents interested in becoming a real estate agent must first complete 180 hours of approved coursework to be eligible to sit the state licensure exam. We estimate that it’ll take three to six months to get up and running as a licensed real estate agent in the Lone Star State. That’s a longer program than in most states.

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Housing Wire

DECEMBER 5, 2024

For decades, referrals have been the backbone of a real estate agents business. But in an era where nearly everything begins with a Google search, the way buyers connect with agents has changed dramatically. Buyers are increasingly conducting their own online review of prospective agents before choosing one.

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Housing Wire

OCTOBER 27, 2020

Only allow buyers with pre-approved mortgages to schedule tours (this ensures they’re serious), and require masks, gloves and other precautionary measures while in the home. If you’re not sure if selling your home is the right move, consider talking to a local real estate agent before moving forward.

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Housing Wire

NOVEMBER 2, 2021

KSCORE is a fully-digital real estate training program that will offer state approved pre-licensing courses, as well as continuing education opportunities for existing agents. Through our programs we teach agents how to stay in touch with clients and how to serves them at the highest level. According to U.S.

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Housing Wire

JULY 12, 2024

State law requires you to complete a 40-hour course at an approved Massachusetts real estate school to begin the process. Complete a 40-hour prelicensing course Before you can sit for the Massachusetts real estate licensing exam, you must complete 40 hours of approved prelicensing education. You need to score at least 70% to pass.

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Keeping Current Matters

DECEMBER 1, 2021

Pre-Approval: the Best Opening Play To Make as a Homebuyer. And the best move you can make when you begin your home search is getting pre-approved by a lender. You’ve probably already heard this is an important step, but what exactly is pre-approval and what benefits does it provide you? Prices are going up.

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Housing Wire

DECEMBER 29, 2023

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. Choosing one of the best online real estate schools in California is your first step to joining our vibrant industry, and it’ll set you up for success for the state’s real estate exam.

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Housing Wire

JANUARY 26, 2022

increase in CPL/agent validation errors with title insurers versus the 12-month average and a 2.4% increase in state licensing issues among closing agents versus the 2021 average. Efficiencies will be needed to catch issues in title workflows pre-closing, to help reduce post-close and trailing document costs and inefficiencies.

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Keeping Current Matters

NOVEMBER 30, 2020

Listen to Your Real Estate Agent. The best way to know this is to reach out to your lender to get pre-approved for a loan early in the homebuying process. Only 44% of today’s prospective homebuyers are planning to apply for pre-approval, so be sure to take this step so you stand out from the crowd. Bottom Line.

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Housing Wire

SEPTEMBER 30, 2021

With this solution, real estate agents gain loan status visibility, and borrowers enjoy a simple application process from their preferred device with single-login simplicity. The solution keeps partners connected through the mobile app and automatically sends them loan milestone updates as their clients progress through the approval process.

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Housing Wire

FEBRUARY 10, 2022

The ‘housing super app,’ according to investor slides filed with the Securities and Exchange Commission, will provide mortgage pre-approval, “immersive shopping,” facilitate in-person touring, and home financing. Suspense built as Zillow has kept a low profile since. On Thursday, we got an answer – A super app. “We billion in revenue.

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Housing Wire

APRIL 4, 2022

22, according to the news release.The move allows Redfin agents in 91 markets to begin referring customers to one of 400 local Bay Equity loan officers as of Monday. Loan officers will continue “originating refinance and purchase loans for customers working with Redfin agents as well as customers working with other brokerages.”.

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Housing Wire

FEBRUARY 23, 2023

QuickQual is an adjustable pre-approval letter that gives payment and closing cost scenarios and the option to update agent letters. Patrick O’Brien, the founder and CEO of LenderLogix , said the product was designed in response to the need for a more efficient and cost-effective method of managing the loan application process.

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Housing Wire

APRIL 22, 2024

Washington is one of a handful of states where newly licensed salespeople are called real estate brokers (not agents). SAVE 30% Budget Pick Aceable Agent Best audio & mobile app courses Versatile learning options with hands-free audio recordings and a mobile app. Starting from: $ 341 Use HousingWire30. out of 5 stars Rating: 4.5

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Keeping Current Matters

SEPTEMBER 15, 2021

The best way to understand your numbers is to work with a lender so you can get pre-approved for a loan. As Freddie Mac puts it : “This pre-approval allows you to look for a home with greater confidence and demonstrates to the seller that you are a serious buyer. ”. Agents are experts in the local real estate market.

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Housing Wire

JANUARY 11, 2024

We’ll show you how to get a real estate agent in California, taking you through the process step-by-step. Getting licensed in California The California Department of Real Estate (DRE) requires all students to complete an approved course of study totaling 135 class hours. When you buy through our links, we may earn a commission.

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HomeLight

OCTOBER 28, 2024

You can check real estate websites or consult with a local agent to get an idea of average days on market and recent sale prices. Understanding your motivation will also assist your agent in tailoring the home-selling process to your needs, whether it’s selling quickly or maximizing profit. How Much Is Your Home Worth Now?

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Housing Wire

JUNE 24, 2021

” The process requires a pre-approval that once passed allow buyers to submit an all-cash offer with Accept.inc’s proof-of-funds. The all-cash contract signed between Accept.inc and the seller is still contingent on a satisfactory inspection that can be negotiated between the buyer and agent.

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Housing Wire

MARCH 29, 2023

While lower cost of capital will likely bring buyers back in a meaningful way, the latest market instability and the Federal Reserve ’s federal funds rate hike will stress a lot of real estate agents, mortgage advisors and lenders to the core, said Daniel Arias, loan officer at We Fund LA , a division of New American Funding.

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Housing Wire

JUNE 24, 2021

Buyside helps real estate agents and loan officers engage homeowners with not just home value tools but also branded wealth optimization tips on their home’s equity so homeowners can now truly view their home as an asset. According to NAR over 69% of buyers have a home to sell, so really homeowners represent the earliest buyer. About Buyside.

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