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Navigating movement in the mortgage industry series: Post-closing matters are important too

Housing Wire

Introduction As part of our ongoing discussion on the concept of movement in the mortgage industry, it is readily apparent that the failure of mortgage companies to pivot or tweak their business models to satisfy changing market and other conditions has resulted in consolidation based on liquidity, buyback, financial and other concerns.

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Existing-home sales take a sleigh ride to the sky with highest jump since 2021

Housing Wire

The housing industry is getting an early Christmas gift. The National Association of Realtors (NAR) reported that existing-home sales in November rose to a seasonally adjusted annual rate of 4.15 The jump in sales gives the market momentum heading into 2025, which is expected to outperform 2024. million, a 4.8% million, a 2.9%

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Navigating movement in the mortgage industry series: Due diligence in mergers and acquisitions

Housing Wire

There is constant movement in the mortgage industry with the desire for growth and expansion. Thus, it has never been more important to focus on due diligence in analyzing a mortgage industry acquisition target. Regulatory compliance The mortgage industry is heavily regulated and subject to scrutiny by both State and Federal agencies.

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The biggest challenge for the reverse industry in 2024? Mortgage rates

Housing Wire

That was a repeated idea shared by a group of reverse mortgage professionals when asked to assess what they see as the biggest industry challenges of the year. Rates re-emerged as a challenge and continue to be as the year winds down to a close. I think that’s true from an industry standpoint.

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The leadership deficiency in the mortgage industry: How we got here and how we can fix it  

Housing Wire

The state of leadership in the mortgage industry When people say, Theres no such thing as a perfect company, are they really acknowledging an inherentflaw or are they feeling the void left by inadequate leadership? Skills such as coaching, conflict resolution, and teammotivation are rarely developed through sales roles alone.

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9 expert tips to close real estate deals faster & easier

Housing Wire

Since our income is (usually) tied directly to closings, many real estate agents wonder how to close deals faster. Faster sales not only allow us to help more clients each year, they also help alleviate some of the stress and anxiety that come with a commission-only career. Who are these motivated clients?

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Final Offer launches private market listings feature for off-market sales

Housing Wire

Pre-market and off-market listings have caused some controversy in the real estate industry. The company has raised close to $16 million in investments from Second Century and over 100 real estate professionals since it’s founding in January 2021. Some agents call any non-MLS listings “ pocket listings.”

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