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

Housing Wire

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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How does the “buy before you sell” model differ from iBuyers and Power buyers?

Housing Wire

The second stage was pioneered by real estate agents that saw how hard the consumer experience was first-hand, so they created the PowerBuyer model to address those issues with less cost relative to iBuyers. This model is still expensive for homeowners because they are paying duplicate closing costs and leaseback fees.

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Opinion: The little things mean a lot in mortgage operations

Housing Wire

These points of focus include data collection and entry at any stage of the process. They could also include improving the post-closing process. After installing improved processes to address their closing cost quotes, the same lenders reported improvement, with the averages dropping to $20–$40 per file.

Mortgages 365
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How Your Agents’ Success Leads to Your Own

RIS Media

As a real estate broker or brokerage leader, it’s important to focus on and review what you’re offering to help your agents succeed. What feedback have your agents been giving you, and what do they feel could help them boost their business? Agents need to stay current on changes in the industry and their local market.

Agents 98
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Examining Agent Commission Rates

The Residential Specialist

Commission fees have become a testy topic in the industry, so here’s how to determine a rate that’s right for you. Another agent would do it for 1% less.”. Around the country, this is what agents are hearing from sellers when they discuss commission. In a hot market, some agents are willing to work for less.

Agents 52
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How to Become a Real Estate Agent in Idaho in 7 Easy Steps

The Close

It costs approximately $1,100 to get your real estate license in Idaho, including your prelicensing education. Some of the costs are fixed, such as the state’s licensing and exam fees, and others vary. While you don’t need a college degree to become a real estate agent in Idaho, you must complete the state-specific licensing process.

Agents 88
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6 of the Top We Buy Houses for Cash Companies in Alabama

HomeLight

No repairs, no staging, no open houses. Get an offer in as few as 48 hours and close in as little as 10 days. Some companies may make a preliminary offer at this stage, but it’s usually subject to change once they’ve inspected your property. Step four is closing with a local attorney. The company holds an “A+” rating.