Housing Wire

SEPTEMBER 27, 2024

In a recent episode of “The Loan Officer Podcast,” host Dustin Owen and guest John Coleman explore key tips that all aspiring real estate agents should know when navigating mortgage financing for a potential client. As a result, many condo deals don’t close due to a lack of understanding on the agent’s part.

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Housing Wire

JANUARY 21, 2025

While the required down payment on a home purchased with H4P is much higher when compared to a traditional mortgage, it comes with more flexible repayment options, and the large down payment is typically financed with the sale proceeds of the previous home. Sometimes, agents feel like we just have to sell a house, he said.

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Housing Wire

MARCH 12, 2025

This is AI meets modern home financing and its transforming the way people buy homes, Lane Hornung , co-founder and CEO of zavvie, said in a statement. Our new platform brings unprecedented speed and certainty to home financing, helping loan officers and their clients win more deals. Cash and certainty win deals, Hornung added.

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Housing Wire

OCTOBER 18, 2024

Some owners of older condo units have had to list at prices far below what they bought the units for because special assessments are so high (and are difficult to finance). This could result in the local community banks and credit unions providing the financing, likely with maximum loan-to-value ratios of 80% or less.”

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Housing Wire

JANUARY 17, 2024

That’s where reverse purchase financing comes into play, the funding option specifically designed for older Americans. What is reverse purchase financing? We in the industry are very hopeful that this will be an eye-opener, especially for real estate agents and builders to start recommending this product to clients more regularly.”

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Housing Wire

MARCH 10, 2025

Together, we will improve the experience by connecting traditionally disparate steps of the search and financing process with leading technology that removes friction, reduces costs and increases value to American homebuyers. The deal is projected to boost Rockets adjusted earnings per share by late 2026.

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Housing Wire

APRIL 1, 2025

Whats striking is that half of older boomers and two out of five younger boomers are purchasing homes entirely with cash, bypassing financing altogether. By contrast, more than 90% of buyers under age 44 financed their home purchases. Among sellers, baby boomers dominated, accounting for 53% of home sales.

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Housing Wire

APRIL 15, 2024

Fannie Mae and Freddie Mac will not count buyer’s agent commissions as part of their allowable interested party contributions (IPCs), according to announcements from the government-sponsored enterprises (GSEs) on Monday.

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Housing Wire

OCTOBER 7, 2024

Freiha joins Opendoor after a three-year stint at Alphabet, where he started as Google ’s vice president of finance and oversaw commerce and payments before moving to capital allocations and planning. In June, Opendoor partnered with the privately owned My State MLS, which serves 60,000 agents in more than 50 markets.

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Housing Wire

MARCH 20, 2025

Hill is a veteran finance leader in the real estate industry. He currently serves as vice president of international finance and corporate financial planning and analysis at eXp Realty. ” Hill expressed excitement for his new role, stressing his dedication to keeping the ball rolling and maximizing returns on agent investments.

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Housing Wire

OCTOBER 21, 2024

The construction activity is likely to place the housing industry and its financing partners on a “collision course” with insurers, the outlet said. This is the most among all states, according to an analysis by climate-modeling firm First Street Foundation on behalf of the The Wall Street Journal. They sell for just under $3 million.

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Housing Wire

DECEMBER 2, 2024

The company claims the platform has processed more than 1,400 requests and has saved agents more than 5,000 hours of work time. vice president of strategic growth Todd Sheridan said the brokerage saw a 400% increase in the number of inbound leads for agents and an 88% increase in social media impressions. The brokerage side of SERHANT.

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Housing Wire

OCTOBER 28, 2024

The firm has taken heat in recent months from its investors, who felt that the company’s finances were being mismanaged due to its continued losses in quarterly earnings. Its value has dropped from roughly $900 million to $130 million since 2021, according to the Times.

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Housing Wire

SEPTEMBER 23, 2024

Nicole Reed Real Estate & Associates is joining Real, bringing an eight-agent team that serves not only Richmond but the Virginia markets of Fredericksburg, Charlottesville and Hampton Roads, in addition to Atlanta. Real has been on a tear lately in adding agents. Today, Real has more than 16,000 agents.

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Housing Wire

MARCH 24, 2025

The elasticity of the Hispanic homebuyer market can be attributed to a willingness to relocate to more affordable regions of the country, innovative financing options and an unwavering desire to achieve the American Dream, the report states. Hispanic homebuyers are also more likely to use FHA financing than their non-Hispanic peers: 29.5%

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Housing Wire

APRIL 1, 2024

In addition to that, conventional underwriting does not serve the new-age economy such as gig workers, so you are seeing this demand for alternative financing. “And Potential partnerships Home equity investments are likely to become essential to the home finance product marketplace. And that has already started to happen,” Craft said.

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Housing Wire

MARCH 15, 2024

These housing professionals have been gaming out the potential impact on buyers’ agents – a significant source of referrals. Loan officers and mortgage executives expect home sellers and homebuyers to negotiate more aggressively on commission paid to buyer agents, potentially bringing costs down.

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Housing Wire

NOVEMBER 19, 2024

The Bipartisan Congressional Real Estate Caucus is calling on the Federal Housing Finance Agency (FHFA) to cease its pilot program for title insurance waivers until the program is vetted and the agency seeks public input on it. The caucus expressed this view in a letter written by Reps. Lou Correa (D-Calif.), Mark Alford (R-Mo.),

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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.

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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. Now, with agent commissions starting to decline, agents naturally want to convey the value of their services to buyers and sellers.

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Housing Wire

JANUARY 22, 2025

Rockets AI Agent can be found on the site, which provides 24/7 support, answers real estate and mortgage questions and keeps clients and real estate agents informed about interest rates and market trends. The AI Agent streamlines tasks such as filling out applications and connecting users with Rocket Mortgage bankers.

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Housing Wire

MARCH 4, 2025

Passed in 2021, the CTA aims to combat financial crimes such as tax fraud, money laundering and terrorist financing by requiring certain businesses to file a BOI report with FinCEN. FinCEN began accepting BOI reports from new and existing companies in January 2024. This rule, which goes into effect Dec.

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Housing Wire

JULY 18, 2024

Investors can partner with a real estate agent , mortgage broker or turnkey provider to locate a property of their choice. .” Waltz aims to support international buyers with a “comprehensive” solution that covers the compliance, legal, banking and regulatory processes to close the purchase process within 30 days.

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Finance Investor Banks Residential 447

Housing Wire

AUGUST 29, 2024

I took on that segment with an SRES-designated real estate agent. My pipeline right now is probably about 75% purchase, so I have created amazing relationships with real estate agents out here in the Phoenix metro market. This SRES agent was one of them,” she said. Prior to my presentation, she spoke about the buyer demographic.

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Finance Mortgages Equity Development 448

Housing Wire

MARCH 7, 2025

The measure would train bank tellers and other bank employees; investment brokers and advisers; and others dealing with the finances of older New Yorkers, in how to spot exploitation, Newsday reported. These financial agents would then be legally empowered to put a hold on suspicious spending and refer the case in question to law enforcement.

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Housing Wire

OCTOBER 24, 2024

This is evident when you ask any highly successful agent where they find their clients. That’s wonderful and something to be admired, yet I’ve had many agents who are earlier in their careers ask me HOW these agents built this referral machine. Asking for referrals can be intimidating for some agents and it can feel sales-y.

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Housing Wire

JANUARY 22, 2025

In addition to all the benefits of a traditional home sale, our customers gain access to multiple sales pathways tailored to their unique situation, support from a local real estate agent and our dedicated Concierge team, a curated nationwide buyer network, and much more.

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Housing Wire

SEPTEMBER 27, 2024

The majority of homebuyers are still expecting sellers to cover their agent’s compensation, according to The Real Brokerage ’s August 2024 agent survey. 15, recording the responses of roughly 300 agents across North America. 15, recording the responses of roughly 300 agents across North America. 30 and Sept. 30 and Sept.

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Agents Brokerage As-is Mortgages 511

Housing Wire

MARCH 21, 2025

As industry analyst Mike Delprete put it in a recent blog post , both firms are now in search of the holy grail of real estate: a one-stop shop that combines home search, buy & sell, financing, and title insurance. The revenue on a mortgage is actually far higher than what they generate when a Flex agent closes a sale.

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Housing Wire

MARCH 25, 2024

NAR’s settlement, which could go into effect as early as July, will eliminate the long-standing “Participation Rule” that requires listing agents to make an offer of cooperative compensation to buyers’ agents. Under the current system, the buyer agent’s commission is baked into the price paid for a home.

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Housing Wire

JUNE 11, 2024

According to a survey published by Clever Real Estate , 67% of the general public supports the changes, while 70% of real estate agents oppose them. But 70% of agents have reportedly fielded questions from current clients about the NAR settlement and its impact on commissions.

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Housing Wire

MARCH 14, 2025

Why are real estate statistics important for agents? Is there a better way to make yourself the go-to agent in your area? Visit Altos Research Sources: Altos Research Buyer statistics Part of being a great buyers agent is getting inside the mind of a buyer. 89% of sellers used an agent to sell their home.

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Marketing Commercial Agents Property Management 344

Housing Wire

APRIL 1, 2025

Consumers purchase homes, but Compass touts its technology among prospective real estate agents. Because agents are the heart of the business. Real estate agent may be a single term, but it covers a multitude of functions: presentation, negotiation, consolation, trouble-shooting, travel, project management.

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Brokerage Technology Agents Development 289

Housing Wire

AUGUST 14, 2024

Ralph Harvey , Jason Saphire and Ben Caballero are three of the most prolific agents in America. But these listing-only agents are still having to adjust their practices to conform with the National Association of Realtors’ (NAR) nationwide commission lawsuit settlement agreement that goes into effect on Saturday.

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Housing Wire

NOVEMBER 21, 2024

However, for most first-time homebuyers, mortgage financing is critically important. Agents and consumers also have reason to celebrate due to rising inventory levels. “The worst of the downturn in home sales could be over, with increasing inventory leading to more transactions,” NAR chief economist Lawrence Yun said in a statement.

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Housing Wire

DECEMBER 27, 2024

Youve likely heard about real estate teams and how they can impact your career but what exactly are they, and why are so many agents joining or building teams? 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. If youre reading this article, youre not alone.

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Housing Wire

JANUARY 21, 2025

Nominations for HousingWires 2025 Finance Leaders Award are open now through January 31, 2025. Click here to nominate a Finance Leader. Simonelli a three-time Finance Leader honoree was recognized for her laser focus on accelerating Anywhere’s strategic progress and achieving exceptional financial results for the company.

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