Housing Wire

MARCH 15, 2024

Mortgage pros have closely monitored the commission lawsuit developments since a Kansas City, Missouri jury determined that NAR, HomeServices of America , and Keller Williams conspired to inflate or maintain high commission rates through NAR’s so-called Participation Rule. You should be finding buyers before real estate agents anyway.”

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Industrial Seller concession Purchase and sale agreement Agents 501

Housing Wire

FEBRUARY 28, 2024

Rocket Companies will soon shut down Rocket Pro Originate , a mortgage origination platform for real estate agents, insurance agents, tax professionals and other financial professionals who are also licensed to originate mortgages. billion in closed loans through its direct-to-consumer division and $8.5

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Agents Loans Mortgages Closing 505

Real Estate News

NOVEMBER 28, 2023

Fidelity National Financial, the nation’s largest title company, coming back “office by office” as real estate agents and loan officers find low-tech solutions.

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Title Closing Agents Loan Officer 298

Housing Wire

MAY 25, 2023

SoftPro , the nation’s top provider of title , closing, and escrow software, announced on Thursday that it has launched ClosingsLIVE, a cutting-edge communication portal for real estate settlements. For instance, a realtor may have multiple properties in progress with more than one settlement agent.

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Closing Title Branding Technology 382

Housing Wire

APRIL 16, 2024

Are you tired of your text messages causing more confusion than closings in the real estate world? We’ve curated the ultimate guide to texting etiquette for agents. Tim and Julie have been real estate coaches for more than two decades, coaching the top agents in the country through all types of markets.

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Agents As-is Closing Marketing 427

Housing Wire

APRIL 2, 2024

Agents are the lifeblood of real estate brokerages. Recruiting and retaining high-performing agents remains a critical challenge for brokerages, especially in the environment created by the National Association of Realtors ’ recent $418 million settlement in a litany of agent commission lawsuits.

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Agents Brokerage MLS Technology 417

Housing Wire

FEBRUARY 15, 2024

As a result, the docket was listed as closed as of Thursday morning before being reopened at midday. Named after its lead plaintiff, the Nosalek suit alleges that MLS PIN, HomeServices of America , Keller Williams , RE/MAX and Anywhere colluded to artificially inflate real estate agent commissions.

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Closing MLS Brokerage Development 417

Housing Wire

MARCH 25, 2024

NAR’s settlement, which could go into effect as early as July, will eliminate the long-standing “Participation Rule” that requires listing agents to make an offer of cooperative compensation to buyers’ agents. Under the current system, the buyer agent’s commission is baked into the price paid for a home.

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Agents VA loan Loans Mortgages 437

Housing Wire

NOVEMBER 29, 2021

The Mortgage Industry Standard Maintenance Organization (MISMO) announced last week that the organization is looking for participants for an initiative focused on standardizing pre-closing title document data sets. MISMO hopes that the initiative will streamline the business process and improve the efficiency of the closing process.

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Housing Wire

APRIL 18, 2023

According to Sawan Tivakaran, SVP, titlegenius Product Owner, “Homebuyers continue to cite the closing process as one of the most stressful events in their lives. Radian has developed titlegenius to help improve the closing process for homebuyers, sellers and lenders alike.

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Closing Title Loan Officer Technology 382

Housing Wire

NOVEMBER 29, 2023

Knoxville, Tennessee -based Realty Executives have gained some top-producing agents. Ryan Levenson, who is the 2023 president of the East Tennessee Realtors’ Association , is a third-generation real estate agent, following his parents, Rich and Patti Levenson, into the business. In 2022, Ryan ranked as the No. million in sales volume.

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Agents Brokerage Closing Sales 417

Housing Wire

NOVEMBER 7, 2023

Not helping FHA, VA borrowers get off the sidelines Under current FHA rules, sellers can contribute up to 6% in concessions to FHA borrowers to cover closing costs, prepaid expenses and discount points. “But agent commissions have never been a closing cost from a buyer perspective. Grant said.

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VA loan Agents Seller concession FHA loan 454

Housing Wire

JUNE 1, 2022

One avenue to reduce cost and streamline the closing process is to offer digital closings. A recent Marketwise eClose ROI study found that lenders can save nearly $450 and settlement agents up to about $100 per loan due to time eliminated, improvements in transactional quality, and costs associated with printing and mailing documents.

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Closing Title Loans Technology 407

Housing Wire

OCTOBER 3, 2023

HousingWire recently spoke with Ashley Terrell, chief revenue officer at Milestones , about the value of real estate agents and why it is critical for the industry to start helping buyers’ agents justify their value not only during the 30-60 day transaction period but through the 7-10 year period of homeownership. What’s driving this?

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Housing Wire

MARCH 22, 2023

HousingWire recently spoke to Tom Kriby, vice president of client development and partnerships at Westwood Insurance Agency, about how working with an insurance agency can simplify the closing process for their customers, even in times of interest rate uncertainty. HW: How does working with an insurance agency simplify the closing process?

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Debt-to-income ratio Closing Loans Closing costs 407

Housing Wire

JULY 6, 2023

Finance of America (FOA) announced Thursday that its indirect subsidiary Incenter closed the sale of its title insurance businesses. The company previously announced that it would be selling its title insurance businesses in early February. for $100 million, according to a filing with the U.S.

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Title Closing Sales Finance 370

Housing Wire

DECEMBER 17, 2021

Nominations for the 2022 HousingWire Tech100 Mortgage and Tech100 Real estate are closing today. The Tech100 Mortgage Award recognizes the companies and solutions that are revolutionizing the mortgage process – from origination to closing, and servicing to secondary markets. million agents as of last year.

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Closing Technology Mortgages Agents 395

Housing Wire

MARCH 1, 2022

Many lenders are familiar with digital closings (eClosings), but they might not know just how valuable they can be to their business. In a recent study , Marketwise and Notarize found that digital closings shorten the time it takes to close, reduce errors and increase ROI — all while improving customer experience.

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Closing Loans Title Technology 395

Housing Wire

JULY 18, 2023

Agent recruitment has been off to a strong start this month at The Agency Dallas. In recent weeks the brokerage has welcomed brokers and agents who have collectively closed over $110 million in the last 12 months, the company claims. He closed $23 million in sales volume in 2022. and Mexico.

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Agents Loan Officer Principal Brokerage 370

Housing Wire

NOVEMBER 1, 2022

In the first phase of the program, customers can use points to get discounts on their closing costs when purchase a home through the subsidiary Rocket Mortgage. To start, customers will receive a 7,500-point welcome bonus on their first reward activity – or $75 in savings on closing costs.

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Closing costs Closing Loans Mortgages 417

Housing Wire

FEBRUARY 14, 2024

successfully closed on the sale of this luxury, 4,700-square-foot property on Park Avenue on the Upper East SIde of Manhattan for $13 million. I’ll show you what it takes to succeed as a luxury real estate agent in any market. I’ll show you what it takes to succeed as a luxury real estate agent in any market.

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Agents Branding Design Development 417

Housing Wire

JANUARY 29, 2024

If you can’t track closed business back to an expense, you shouldn’t be doing it. When you can see closed transactions, do more of what produced those and do it in a systematic way. Follow a profit-driven schedule where 80% of your time is spent generating new business Focus on lead generation, presenting, negotiating and closing.

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Agents Land Closing Mortgages 437

Housing Wire

APRIL 4, 2022

22, according to the news release.The move allows Redfin agents in 91 markets to begin referring customers to one of 400 local Bay Equity loan officers as of Monday. Loan officers will continue “originating refinance and purchase loans for customers working with Redfin agents as well as customers working with other brokerages.”.

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Closing Mortgages Loan Officer Pre-approval 370

Real Estate News

APRIL 6, 2024

Most real estate training is based on the assumption that all deals close. When they don’t, too many agents are ill-equipped to handle it.

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Agents Closing 210

Housing Wire

NOVEMBER 29, 2023

However, the tactical approach of regular check-ins and focusing on retention as a cornerstone of fortifying your real estate agent ranks is often underestimated or overlooked. According to the National Association of Realtors (NAR), the average tenure of an agent with a brokerage is six years.

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Agents Brokerage Technology Staging 437

Housing Wire

SEPTEMBER 28, 2021

But as lenders scrambled to keep up with demand, closing errors naturally crept in. In the wake of this unparalleled volume, companies across the housing industry have been working to increase the efficiencies of the entire lending process – including getting closings correct the first time around. But Snapdocs isn’t stopping there.

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Closing Lending Title Loans 370

Housing Wire

JULY 27, 2023

When you think about a real estate team , you automatically think they must be more productive than individual agents, right? Clearly, over the last decade, teams have grown far faster than individual agents in terms of closed transactions. in terms of closed transactions from 2011 to 2022. Not so fast. versus 117.0%.

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Agents Brokerage Closing Branding 370

Housing Wire

DECEMBER 27, 2023

In the nearly two months since a Missouri jury found the real estate industry liable for colluding to artificially inflate real estate agent commissions, Jason Posnick has fielded a lot of questions about commissions and cooperative compensation from clients. They actually seem more on the side of the real estate agents,” Posnick said. “It

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Agents Industrial Closing costs As-is 427

Housing Wire

AUGUST 22, 2023

Atlanta-based Christie’s International Real Estate franchise affiliate Ansley Christie’s International Real Estate poached Georgia’s top performing agent Shirley Gary and 25 of her agents, the company announced in a press release on Thursday. 1 spot in Georgia in the 2023 RealTrends America’s Best Rankings.

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Agents Closing Sales 370

Housing Wire

MAY 3, 2023

On Friday afternoon, my real estate agent called with good news. The agent wished me well and said that she would appreciate a review on her website. I wanted to close before May 1, so I selected a buyer who was already in underwriting. Congratulations!” You just sold your house.” And that was that! They were wrong.

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Agents Brokerage Loan Officer Closing 407

Housing Wire

AUGUST 14, 2020

This week, industry experts discuss how to navigate client and referral partner expectations and minimize closing times when factors like these begin to decelerate the buying process. I get it, the seller needs to move, but doing a quick closing to incentivize the seller to accept your offer is no longer a selling point.

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Housing Wire

SEPTEMBER 26, 2023

Less than a month after Compass snagged two top-performing Chicago-based @properties agents, @properties has evened the score in the Windy City. According to data from BrokerMetrics , the Tesars have closed a combined sales volume of $25.4 The husband-and-wife team have more than 20 years of combined real estate experience. “The

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Agents Brokerage Technology Sales 370

Housing Wire

MARCH 18, 2022

Mangus then worked to build the dedicated reverse mortgage department at his new company from scratch and has found a notable degree of success by building Home Equity Conversion Mortgage (HECM) for Purchase (H4P) business through the use of continuing education (CE) classes designed for licensed real estate agents. Curtis Mangus.

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Loans Closing Mortgages Equity 518

Housing Wire

SEPTEMBER 13, 2023

1 listing platform , Realtor.com has launched a sell-side agent tool kit. Listing Toolkit is a subscription-based service that is now available to agents nationwide. Listing Toolkit is a purpose-built solution that empowers agents to win more listings and sell more listings,” Elmquist said.

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Agents Branding Closing As-is 406

Housing Wire

AUGUST 1, 2021

More than ever, borrowers want and expect to close their loans digitally, from the initial loan application through the final review and approval of their loan package. But while eClosings are convenient, it can be challenging to offer the same level of customer service online as with in-person closings.

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Closing Loans Closing costs Technology 370

Housing Wire

FEBRUARY 8, 2024

As a real estate agent, you may think clients should care more about their next home than your life story. And while that may be true, well-crafted real estate agent bios can build trust and credibility and serve as a powerful tool in an agent’s marketing arsenal — giving prospective clients. So let your personality shine.

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Agents Construction Design Branding 407

Housing Wire

OCTOBER 19, 2023

You can use these for door-knocking, lead follow-up, open house giveaways, and at the closing table. March: Think tax time, free CMAs, and closing statements that you can send to last year’s clients. Use the slogan: ‘Don’t get wrapped up with the wrong real estate agent’ on the card and attach it to a simple roll of wrapping paper.

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Agents VA loan Closing Loans 427