Housing Wire

NOVEMBER 1, 2024

So, let’s start with the basics: What is a real estate broker vs. an agent? To answer that, we’ll take a deep dive into the differences between the many types of real estate professionals, including a real estate agent and a real estate broker. Summary What is a real estate agent? What does a real estate agent do?

Agents 448

Agents Brokerage Purchase and sale agreement Commercial 448

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.

Finance 448

Finance Agents Mortgages Loan Officer 448

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.

Agents 397

Agents Equity Finance Mortgages 397

Housing Wire

MARCH 6, 2025

Instead, its continuing to add agents at an explosive rate. On its earnings call for the fourth quarter of 2024, the company disclosed that its agent count was 24,140 at the end of the year. Real credited its technology offerings and business model for the explosive growth in agents. million in 2023 to $4 million in 2024.

Brokerage 370

Brokerage Agents Loan Officer Technology 370

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.”

Mortgages 524

Mortgages Marketing Lending Finance 524

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.”

Finance 482

Finance Seller concession Loan Officer Loans 482

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.

Finance 453

Finance Equity Agents As-is 453

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.

Purchase and sale agreement 482

Purchase and sale agreement Pre-approval Brokerage Equity 482

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.

Finance 360

Finance Industrial Agents As-is 360

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.

Agents 532

Agents Seller concession VA loan Finance 532

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.

Technology 448

Technology Finance MLS Title 448

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%

Finance 347

Finance Mortgages Agents Marketing 347

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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Development Brokerage Technology Finance 418

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.

Construction 497

Construction Development Finance Mortgages 497

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.

Brokerage 434

Brokerage Finance Investor Agents 434

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.

Title 370

Title Residential Finance Land 370

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.

Brokerage 448

Brokerage Agents Finance Technology 448

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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Equity Finance Purchase and sale agreement Investor 468

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.

Industrial 514

Industrial Seller concession Purchase and sale agreement Agents 514

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.),

Title 418

Title Title search Closing costs Loans 418

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.

Bankruptcy 448

Bankruptcy Equity Hard money loan Finance 448

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.

Agents 488

Agents MLS Finance Sales 488

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.

Brokerage 344

Brokerage Technology Agents Development 344

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.

Staging 370

Staging Design Mortgages Finance 370

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.

Finance 448

Finance Investor Banks Residential 448

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.

Finance 448

Finance Mortgages Equity Development 448

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.

Loan Officer 292

Loan Officer Loans Mortgages Title 292

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.

Agents 433

Agents Closing As-is Industrial 433

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.

Proof of funds 370

Proof of funds Equity Technology Banks 370

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.

Agents 511

Agents Brokerage As-is Mortgages 511

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.

Agents 468

Agents VA loan Loans Mortgages 468

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.

Marketing 360

Marketing Commercial Agents Property Management 360

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.

Banks 369

Banks Finance Technology As-is 369

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.

Agents 468

Agents Closing costs As-is Industrial 468

Housing Wire

FEBRUARY 4, 2025

” “We are thrilled to partner with zavvie to make Arrival’s products available to zavvie’s impressive network of loan officers and real estate agents ,” Simon Chen, CEO of Arrival Home Loans, said in a statement. Arrival Home Loans, which is powered by Pacific Private Money Inc. produced a total volume of $52.5

Loans 334

Loans Loan Officer Finance Brokerage 334

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.

Agents 448

Agents Seller concession MLS As-is 448

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.

Finance 369

Finance Technology Industrial Development 369