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What is a real estate broker vs. an agent? We explain the key differences

Housing Wire

Though most commonly thought of for residential deals, real estate agents can also help people buy, sell or rent commercial properties, land and more. An agent may also be present at closings to review closing documents and help guide their client through the final steps. How do real estate agents get paid?

Agents 448
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NFT mania and the future of the home sale

Housing Wire

Worldwide sales of non-fungible tokens, better known – of course – as NFTs, catapulted from $94.9 For example, purchasing an NFT of a JPEG of a painting transfers the intellectual property rights of the painting. But Ethereum was the first with a blockchain that enabled NFT sales. That’s when a 70-year-old brick home in the St.

Sales 501
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Opinion: How the title industry protects homeowners

Housing Wire

Expanding acess to digital closings At the beginning of the pandemic , as our industry was deemed essential, we saw a need to increase access to digital home closings. Elderly homeowners are particularly at risk, as they may have trouble understanding the long-term financial implications of these agreements.

Title 476
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Now is a great time for brokerage acquisitions: RealTrends Consulting

Housing Wire

With the headwinds facing the real estate industry, Wright and Murray believe smaller brokerage firms will be looking for a place to land, making acquisitions a possibility for even one-office, 25 agent firms. We pay very close attention to compliance,” Oliver said. “We

Brokerage 465
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Is time the enemy of equity for chronically distressed homeowners?

Housing Wire

down, he was able to get close to a 30% partial claim mortgage,” Delille continued. And among those 51%, the average potential surplus was close to $54,000. On this property we bid $30,000 over the credit bid, the bank’s bid,” said Delille, recalling a foreclosure auction purchase he made in January 2023. Assuming he put 3.5%

Equity 468
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What Happens When A Seller Can’t Close?

Toronto Realty Blog

This story brings us back to last summer when a client of mine purchased a small west-side home and, upon closing, the listing agent had some very interesting ideas about how to go about making up his financial loss on the property. But two days before closing, Ron emailed me an Amendment and it was bizarre. It’s fine.

Closing 59
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Closing on a House Checklist: 6 Things Home Buyers Must Do Before They Move In

Realtor.com

That’s why we’ve put together a home closing checklist, which outlines your action points in those few days leading up to settlement. Keep this closing process list handy to know you’ve done what you need to in order to close the deal. If something is wrong, you can request that it be fixed—or you can back out of the sale.

Closing 139