Housing Wire

JULY 4, 2024

Current market challenges The real estate market is currently characterized by a complex interplay of factors: Interest Rate Volatility: Fluctuating interest rates have made it difficult for potential buyers to predict the cost of financing a home. Embracing change The future of the real estate market is inevitably different from the past.

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Pre-qualification Pre-approval Seller concession Finance 476

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. But [production] levels are not pre-pandemic.

Loans 418

Loans Pre-approval Closing Marketing 418

Housing Wire

AUGUST 13, 2021

Existing investors and others including Andreessen Horowitz, Singapore’s GIC, GGV Capital and Moore Specialty Credit participated in the round, which pre-empted a capital raise that could have featured new investors, she said. We’re aiming to bring a legitimacy to alternative home financing options,” said Hefets.

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Pre-qualification Pre-approval Equity Finance 435

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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Pre-approval Agents Debt-to-income ratio Inspection 95

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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Agents Land Design Technology 370

Housing Wire

APRIL 4, 2022

million for the mortgage lending operation in its quest to provide customers “a one-stop shop” where they can buy, sell, rent and finance a home, according to a news release from the company. Redfin completed its acquisition of Bay Equity Home Loans , paying $137.8 The purchase price “represents a $72.5 Presented by: 1000watt.

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Closing Mortgages Loan Officer Pre-approval 370

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. Zillow lost $528 million in 2021, the company reported, compared to losing $162 million in 2020. billion in revenue.

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Pre-approval Mortgages Agents Finance 418

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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Pre-approval Pre-qualification Brokerage Agents 435

Keeping Current Matters

NOVEMBER 30, 2020

Listen to Your Real Estate Agent. Understand Your Finances. 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. As soon as you find the right home for your needs, be prepared to work with your agent to submit an offer as quickly as possible.

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Inspection contingency Pre-approval Inspection Staging 341

Housing Wire

SEPTEMBER 2, 2021

The round includes $100 million of Series D equity and $263 million in debt financing – boosting HomeLight’s valuation to the tune of $1.6 It also allows sellers access to a network of pre-approved buyers to expedite the process. Lydia Jett of the SoftBank Vision Fund also participated. billion, the company claimed.

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Pre-approval Investor Technology Equity 414

Housing Wire

JUNE 25, 2021

Get Pre-Approved. Being pre-approved means a lender has agreed to let you borrow money for the home. Not only does it tell them you’re a serious home shopper, but it means the deal is less likely to fall through due to your finances. To get pre-approved, a lender will take a good look at your finances.

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Pre-approval Finance Agents Mortgages 242

Keeping Current Matters

MARCH 15, 2021

Understand Your Finances. The best way to know this is 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.

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Inspection contingency Pre-approval Inspection Staging 334

HomeLight

JUNE 19, 2023

Like pre-qualification or pre-approval. Let’s lay it all out: How pre-qualifications and pre-approvals are similar Pre-qualifications and pre-approvals have a few things in common. Learn More What’s a pre-qualification? And voila, within minutes, you have a pre-qualification.

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Pre-qualification Pre-approval Mortgages Loans 97

Housing Wire

MARCH 27, 2024

But for Real, which runs a virtual brokerage model with revenue sharing for its agents, the goal is to get better, not necessarily bigger. What I am really grateful for is that we are not just seeing agent growth, but based on the rankings we have had significant transaction and volume growth.” and Canada.

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Brokerage Pre-approval Branding Agents 482

Housing Wire

FEBRUARY 9, 2022

and get a pre-approval for a mortgage from the comfort of your own laptop. Yet, there remains a dark cloud over the general perception of the part of the process that occurs somewhere between the signing of the sales agreement and the exchange of house keys — the mortgage approval and settlement/closing process.

Industrial 418

Industrial Purchase and sale agreement Pre-approval Banks 418

Lighter Side of Real Estate

SEPTEMBER 12, 2023

If you’ve been searching for a house for any amount of time, you’re probably well aware of how important it is to get a mortgage pre-approval before you even start looking at houses, or at least as early on in the process as possible. When Should You Update Your Pre-approval? Pre-approvals aren’t good forever.

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Pre-approval Debt-to-income ratio Mortgages Marketing 123

Housing Wire

MARCH 6, 2023

The lack of inventory makes business even more difficult for loan officers, whose real estate agent referral partners simply don’t have many buyers ready to pull the trigger. “I’ve got several pre-approvals out there where people just can’t find what they want and the rates are throwing them off,” Monsoon said.

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Loan Officer Loans Pre-approval Mortgages 397

Housing Wire

DECEMBER 29, 2023

To become a real estate agent in New York, you’ll need to complete 77 hours of real estate classes before you can sit the New York real estate exam and apply for your license. Delivery methods: All of the CE Shop’s New York real estate pre‑licensing courses are optimized for a smartphone, tablet, or computer.

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Pre-approval Agents Development Technology 448

Realtor.com

JANUARY 16, 2023

. “While you do not ‘need’ a pre-approval letter from your lender in order for your offer to be accepted, I highly recommend all of my buyers present it,” says Denise Shur , a Realtor® with 1:1 Realty in San Jose, CA. ” What is mortgage pre-approval? .”

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Mortgage pre-approval letter Pre-approval Pre-qualification Mortgages 98

Realty Biz

AUGUST 20, 2023

Mortgage pre-approval is an essential step when buying a house. During pre-approval, lenders carefully evaluate your financial information, including income, assets, credit history, and other relevant details. How long it takes for lenders to give mortgage pre-approval can vary from a day to a week.

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Pre-approval Debt-to-income ratio Mortgages Loans 94

Keeping Current Matters

JULY 13, 2021

Work with your agent to list your house before it has more competition on the market. Brace for a quick pace and rely on your agent to stay in the know on the available homes in your area. Getting pre-approved can show the seller you’re serious and help you know what you can afford. Price appreciation is still rising.

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Marketing Pre-approval Equity Agents 316

Housing Wire

FEBRUARY 11, 2022

Just before a customer buys a container of pre-made Borscht, they see Naumovych’s business cards and flyers that lay neatly near the checkout area. LOs interviewed by HousingWire say that they have actively ramped up their attempts to connect with prospective borrowers and real estate agents. Finding business the traditional way.

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Loan Officer Marketing Pre-approval Mortgages 418

Housing Wire

NOVEMBER 30, 2023

Your path to real estate licensure begins with 120 hours of classes in an approved Ohio real estate license education program. From completing your required coursework to taking the licensing exam, keep reading to learn how to become a real estate agent in Ohio. Wondering how to get a real estate license in Ohio in 2024?

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Brokerage Pre-approval Agents As-is 459

Housing Wire

DECEMBER 28, 2023

I’ve got several pre-approvals out there where people just can’t find what they want and the rates are throwing them off,” Don Monson, branch manager at Sente Mortgage , said of the challenges he faced in 2023. Nurturing referral partners, training agents Mortgage origination volume for 2023 are expected at around $1.64

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Loans FHA loan Mortgages Loan Officer 459

Keeping Current Matters

DECEMBER 14, 2021

Not only can an agent help you find the right home, but they’ll serve as your expert advisor and answer any questions you might have along the way. That means getting your finances in order, reviewing your budget, and getting pre-approved through a lender.

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Pre-approval Lending Equity Banks 300

Housing Wire

NOVEMBER 13, 2023

In Florida, getting licensed as a real estate agent begins with the completion of an approved 63-hour Sales Associate prelicensing course. Self-paced online * Florida school prices as of October, 2023 Aceable Agent: Best Florida real estate school for efficiency & ease Overall Rating 4.8 / 5 Rating: 4.5 out of 5.

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Purchase and sale agreement MLS Pre-approval Agents 468

Housing Wire

NOVEMBER 30, 2023

In Illinois, real estate agents are called brokers. While we might use the words “agent” and “broker” synonymously here, there is a difference between a broker’s license and a managing broker’s license in Illinois. Visit Website Overview According to the CE Shop, its prelicensing student satisfaction rate is 96%.

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HR Pre-approval Design As-is 448

Inman

JANUARY 25, 2024

Leaders from Better, Point and EasyKnock said that consumers are becoming increasingly curious about alternative financing options — but they still need agents to help guide them.

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Agents Finance Pre-approval Technology 190

Marco Santarelli

JANUARY 15, 2025

With homes flying off the market in an average of just 7 days , potential buyers need to have their financing squared away ahead of time. Work With a Local Expert: A real estate agent who knows the local market can help you navigate the fast-paced market. Be ready to make offers as soon as you find a house you love.

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Marketing Pre-approval Sales New Construction 98

Housing Wire

SEPTEMBER 14, 2020

In addition, they must change their entire approach to the business because borrowers have changed their expectations of the home finance industry. Consumers go online and shop for rates or contact the lender their real estate agent has suggested. After that, it tends to get messy.

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Lending Mortgages Technology Loans 488

Realtor.com

AUGUST 13, 2020

Step 1: Getting mortgage pre-approval. Step 1: Get pre-approved for a mortgage. Your first step shouldn’t be to check out homes; it should be to get mortgage pre-approval from a mortgage lender or broker. Keep in mind that mortgage pre-approval is different than mortgage pre-qualification).

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Pre-approval Pre-qualification Due diligence Loans 143

Housing Wire

DECEMBER 7, 2023

After completing an approved course of study, you’ll be able to sit the state real estate exam. Colibri Real Estate is a state-approved real estate education provider with over 132 instructors experienced in Massachusetts real estate sales and teaching best practices.

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HR Pre-approval Brokerage Commercial 435

Redfin

APRIL 4, 2025

Whether you’re selling a home in Denver, CO or a condo in Phoenix, AZ , a pre-listing appraisal can provide an accurate estimate of your homes value before it hits the market. What is a pre-listing appraisal? A pre-listing appraisal is a professional estimate of your homes value, completed before you put it on the market.

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Pre-approval Sales Agents MLS 69

HomeLight

OCTOBER 24, 2024

As a real estate agent, you may encounter sellers who want a quick cash offer and are hesitant to hire a Realtor. Address the “I don’t want to pay an agent” objection One of the biggest hesitations sellers have is paying agent commissions. In contrast, homes sold through an agent had a median sale price of $405,000.

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Pre-approval Investor Finance Agents 64

HomeLight

JANUARY 26, 2023

Seller financing can score you a home sale faster , especially in a slow market, but you have to duck and dodge the obstacles that come with it. If you’ve never heard of seller financing, you’re not alone. Seller financing — also known as owner financing — is much more common when selling a business than when selling a home.

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Finance Pre-approval Lending Loans 105

BAM Media

MARCH 10, 2025

This move aims to integrate Rockets mortgage lending with Redfins home search and real estate services, making it easier for people to buy and finance homes in one place. The deal is expected to close in the second or third quarter of 2025, pending shareholder and regulatory approvals. For now, Redfin will keep operating as usual.

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Pre-approval Lending Title Finance 72

BAM Media

MARCH 5, 2025

If the seller needs a quick close, line up financing to accommodate. Stand Out with Video & Strong Offer Presentation Most agents just email over an offer and hope for the best. Stand out by sending a short, professional video message to the listing agent, introducing yourself and highlighting your buyers strength.

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Earnest money deposit Agents Inspection Marketing 66