article thumbnail

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

Housing Wire

These housing professionals have been gaming out the potential impact on buyers’ agents – a significant source of referrals. Loan officers and mortgage executives expect home sellers and homebuyers to negotiate more aggressively on commission paid to buyer agents, potentially bringing costs down.

article thumbnail

‘Worst possible outcome’: Industry experts weigh in on DOJ’s desire to decouple commissions

Housing Wire

When the Department of Justice (DOJ) revealed last week the changes it would like to see in how real estate agents and brokers are compensated through its statement of interest filed in the MLS Property Information Network commission lawsuit , few in the real estate industry were surprised by the agency’s desire to decouple commissions.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How real estate professionals can help first responders buy a home

Housing Wire

Listen to all of these really great mortgage programs (most agents and buyers don’t know about these!) Stop relying so heavily just on your MLS! VA loans are not well understood by many Realtors. VA loans have no down payment requirement. for first responders and consider doing any or all the following: 1.

VA loan 421
article thumbnail

Selling a House ‘As Is’ in Louisiana

HomeLight

Review your options to sell ‘as is’ in Louisiana The main options to sell a house ‘as is’ include: List ‘as is’ with the help of a real estate agent A great real estate agent will assist in listing and selling a home “as is.” Jeffrey , a top-selling Louisiana agent. No Is a real estate attorney required?

As-is 87
article thumbnail

Selling a House ‘As Is’ in Virginia

HomeLight

Matt Megel , managing partner with CAZA Group , which sells homes 85% faster than the average Virginia agent, says that unlocking their home’s equity on a budget is one of the main drivers for homeowners wanting to sell their property “as is.” “One Your agent should also be willing to go the extra mile on marketing.

As-is 88
article thumbnail

Selling a House ‘As Is’ in Arizona

HomeLight

According to John Billings , a top-selling agent in Pima County, Arizona, with nearly 20 years of experience, one of the most common reasons is that owners don’t want to (or can’t) deal with making extensive repairs. No, however, this is commonly mentioned in the Agent Remarks field Is a real estate attorney required?

As-is 82
article thumbnail

How real estate professionals can help first responders buy a home

Real Trends

Listen to all of these really great mortgage programs (most agents and buyers don’t know about these!) Stop relying so heavily just on your MLS! VA loans are not well understood by many Realtors. VA loans have no down payment requirement. for first responders and consider doing any or all the following: 1.

VA loan 82