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Thinking of joining a real estate team? Here’s everything you should know

Housing Wire

It can vary widely depending on the size of the team, its overall goals and the type of market it serves. The Multi-Level Marketing (MLM) Team Team members focus on recruiting agents to build the team while receiving residual income for agents in their downline. They handle property searches, showings, and contract negotiations.

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Selling your home to a family member in 5 easy steps

Housing Wire

However, an off-market transaction between family members requires careful planning and transparent communication to avoid misunderstandings and ensure a seamless process. Selling your home to a family member is called a controlled transaction, while selling your home on the open market is referred to as an arm’s length transaction.

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

Housing Wire

That can include being a housing market expert and advising clients on the best times to list or buy a home; having referrals handy for inspections, repairs, staging and photography; understanding the mortgage origination process; and more. Also top of the list, agents are marketers. How do real estate agents get paid?

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An agent’s guide to hiring a real estate photographer

Housing Wire

The more buyers through the door, the more offers youll receive quickly and the higher the sale price will be. Yet I still hired a professional real estate photographer, and we had an accepted offer after just four days on the market. 3D tours, virtual staging, drone photos or video, etc. Win more listings.

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‘Find buyers before agents!’ Mortgage industry reacts to the NAR settlement

Housing Wire

At this early stage, it’s unclear how such commissions would be paid since buyers could pay their agents out of their pockets or negotiate commissions as a seller concession in the closing costs. NEXA has always been focused on purchase loans , which means some of its LOs do significant business with buyers’ agents.

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Rising interest rates trigger an exuberant MSR market 

Housing Wire

Incenter Mortgage Advisors was flooded with a surge of mortgage-servicing rights business in January — with bulk MSR sales approaching in one month what the firm normally tallies in an entire year. On average, historically, we’d be selling $100 billion to $125 billion [in MSRs] annually,” Piercy said. “The

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Now is a great time for brokerage acquisitions: RealTrends Consulting

Housing Wire

Wright and Murray also said that the headwinds facing the industry are creating a buyer’s market for acquisitive firms. Anytime there is a downturn in housing sales or a shock to the industry like with the litigation settlement, although we have not faced anything like this in my 47 year career, there is uncertainty,” Murray said.

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