Remove Agents Remove As-is Remove Closing costs Remove Technology
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Newrez partners with Newzip to court more homebuyers

Housing Wire

Top 10 mortgage lender and servicer Newrez is partnering with Newzip , a tech-enabled real estate platform, to roll out a program aimed to save buyers and sellers on credit costs. Dubbed Newrez Home Rewards, buyers will be matched with a real estate agent who works with Newzip and provided booking services.

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Opinion: Here’s what people are getting wrong about real estate commissions

Housing Wire

by 1% to 2% just by cutting the commission paid to buyer’s agents.” by 1% to 2% just by cutting the commission paid to buyer’s agents.” This is from the Editorial Board of The Wall Street Journal, “Ninety percent of transactions offer buyer agent commissions of exactly 3%.” of homeowner’s equity paid out in commissions.

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Three yards and a cloud of dust

Housing Wire

So, CHLA recently sent a letter to the Department of Veterans Affairs asking for a fix to the VA prohibition against veterans and active-duty service-members using their own funds to pay broker agent commissions. The American homebuyer needs help. But it’s time for a reality check. But now a new threat is emerging on this front.

FHA loan 277
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Buyer agency: a crucial historical shift in real estate

Housing Wire

Those too young to remember the wild west of real estate believe that real estate commissions have always been evenly split between seller’s and buyer’s agents, with each receiving a portion of the sale price. With the advancements in technology, finding homes online has become easy and straightforward.

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Best Technology for Real Estate Agents

McKissock

There is probably some app or bit of technology that can resolve it all together—or at least make it easier to manage. When you are a busy agent who is strapped for time and maybe feeling a little overwhelmed, technology can simplify your life and help you be more productive. Imagine a problem you have in life. 10MinRealty.

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Opinion: The little things mean a lot in mortgage operations

Housing Wire

Mortgage firms have also focused on becoming more efficient and reducing other types of overhead, including fixed costs, like office space, and travel budgets or similar items. However, it still appears that lenders are focusing their technology investments on the point of sale. This year, thus far, has been anything but that.

Mortgages 370
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Black Knight’s Expedite Close eClosing solution uses automation to select the best way to close each loan

Housing Wire

But while eClosings are convenient, it can be challenging to offer the same level of customer service online as with in-person closings. Additionally, with more options available for closings – wet-sign, hybrid, fully digital – lenders can struggle to determine which approach works best for each loan.

Closing 370