Remove Agents Remove Closing costs Remove Sales Remove Technology
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Newrez partners with Newzip to court more homebuyers

Housing Wire

Dubbed Newrez Home Rewards, buyers will be matched with a real estate agent who works with Newzip and provided booking services. They will also be offered closing cost credits of up to 0.5% of the sales price when buying a home and up to 1% when selling. The program is only eligible for loans that close through Newrez.

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The homegenius Platform gives consumers deeper insights in the home buying and selling journey

Housing Wire

That’s why they’ve introduced the homegenius Platform, an integrated solution consisting of advanced technology , data science, machine learning and AI designed to drive value and bring ease to consumers through the home buying and selling journey. Explore possible cost savings. Find their dream home faster.

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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.” This is from the Editorial Board of The Wall Street Journal, “Ninety percent of transactions offer buyer agent commissions of exactly 3%.” Sales prices don’t go up or down based on closing costs. I did some simple math using data from the St.

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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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Opinion: The little things mean a lot in mortgage operations

Housing Wire

However, it still appears that lenders are focusing their technology investments on the point of sale. A 2020 ICE Mortgage Technology survey confirmed this, reporting that 58% of borrowers were affected in their decision making by the presence (or lack thereof) of an online application. This comes as no surprise.

Mortgages 370
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LenderLogix launches POS system for small- to mid-sized lenders

Housing Wire

LenderLogix, a provider of mortgage automation software and application programming interfaces (APIs), has launched LiteSpeed, a white-label streamlined point-of-sale (POS) system that serves small- to mid-sized mortgage lenders. The company was featured in HousingWire’s Tech 100 in 2022.

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6 Ways Real Estate Technology Can Ruin Your Business

McKissock

Technology is supposed to make everything easier, and yet it is often the source of so many problems. While you can’t do your job without relying on real estate technology to some degree, you do have to be extra careful when you use it. Here are six ways technology can hurt—or even ruin—your real estate business.