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VA to roll out temporary fix to buyer agent commission problem

Housing Wire

VA policy states that while a veteran is allowed to use a buyer broker to purchase a home using their VA loan benefit, they “may not under any circumstances, be charged a brokerage fee or commission in connection with the services of such individuals.”

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How real estate professionals can help first responders buy a home

Housing Wire

Stop relying so heavily just on your MLS! This service record may qualify for a Veteran Affairs (VA) loan. VA loans are not well understood by many Realtors. VA loans have no down payment requirement. These features make VA loans one of the most attractive loan programs available in the industry.

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Chuck E. Cheese, MLS listing books and the correct pronunciation of ‘Realtor’ were on the table during HousingWire’s commission lawsuit debate

Housing Wire

It devolved into a battle about historic facts, old-school MLS listing books, pronunciation corrections and even references to the kid-friendly restaurant chain Chuck E. Department of Veteran Affairs (VA) loans. The hourlong debate began with both participants discussing their motivations for participating.

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GSEs will not count buyer agent commissions as IPCs

Housing Wire

If the settlement is approved by the court, although agents and home sellers will not be able to list offers of compensation on the MLS, home sellers may still offer to cover the buyer’s agent fees if they so choose. Department of Veterans Affairs seeking similar guidance on VA loans, but Sears said that letter remains unanswered.

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NAR, MBA ask for clarification on underwriting rules

Housing Wire

Under the terms of NAR’s settlement agreement, the practice of cooperative compensation is still allowed, but it cannot be offered through a Multiple Listing Service (MLS). Department of Veteran Affairs (VA) on Wednesday, urging it to revise policies that prohibit veterans from paying buyer broker commissions.

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Agents fight misconceptions to win deals for military veteran clients

Housing Wire

This is an absolute must, especially in the market right now as it gives the lender an opportunity to fill the listing agent in on the buyer’s background and how the VA loan process works,” Pascoe explained. There remains a belief among listing agents and their clients that the VA appraisal and closing process will be a hassle.

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How real estate professionals can help first responders buy a home

Real Trends

Stop relying so heavily just on your MLS! This service record may qualify for a Veteran Affairs (VA) loan. VA loans are not well understood by many Realtors. VA loans have no down payment requirement. These features make VA loans one of the most attractive loan programs available in the industry.

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