Housing Wire
AUGUST 17, 2022
United Wholesale Mortgage (UWM) this week launched temporary rate buydowns, a product that allows borrowers to receive lower mortgage rates at the beginning of their loan terms by using seller concessions as part of the payment. It comes at a time in which the housing market favors buyers and seller concessions become more frequent.
Housing Wire
OCTOBER 21, 2022
Lenders, including United Wholesale Mortgage and Rocket Mortgage Pro TPO , launched temporary rate buydowns that allow borrowers to receive lower mortgage rates at the beginning of their loan terms by using seller concessions as part of the payment. Download this white paper for a roadmap to deploying new technologies.
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Housing Wire
AUGUST 14, 2024
While Saphire can’t completely step away from discussions of buyer broker commissions, especially since he operates in MLS PIN, which did not opt into NAR’s settlement and is still allowing offers of cooperative compensation on its site, he is doing his best to make sure his sellers are fully in the driver’s seat when it comes to commissions.
Housing Wire
AUGUST 30, 2024
HW: With the rise of AI and other technologies in the industry, how can agents maintain the personal, relationship-driven aspect of their business? What balance should agents strike between using technology and human connections?
Housing Wire
JANUARY 13, 2023
Kim: So would you say it’s a seller’s market right now? I ask because we’re seeing a lot of seller concessions, such as temporary rate buydowns offered to buyers. . I would almost classify it as a seller’s market, because sure, they might not have 20 people who want to buy that home like they did 18 months ago.
RIS Media
MAY 30, 2024
Similar to CRMLS’ newly announced system field changes referring to Concessions in Price, Bright has announced that they will be including seller concessions in… The post Bright MLS Unveils System Changes for the Post-NAR Settlement Industry appeared first on RISMedia.
RIS Media
FEBRUARY 28, 2022
iBuyer “prep and repairs” fees drop: Called a seller concession, they decreased in 2021 to an average of 3.1% Cash offers continue to drive Power Buyer growth: Many Power Buyers continue to report a 2x to 10x increase for cash offers in Q4 compared to Q4 2020.
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