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Opinion: Sitzer/Burnett decision presents an uncertain future for buyer agents

Housing Wire

Real estate agents are facing a contracting issue that could seriously upend the traditional housing landscape. Under current guidelines, sellers pay a 5-6% commission on a sale which is split between the buyer and listing agents. But what happens if consumers pivot away from buyer agents altogether? Enter the savvy seller.

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Preparing to Get Pre-Approved For a Mortgage

Realty Biz

Mortgage pre-approval is an essential step when buying a house. During pre-approval, lenders carefully evaluate your financial information, including income, assets, credit history, and other relevant details. How long it takes for lenders to give mortgage pre-approval can vary from a day to a week.

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Mortgage Pre-Qualification vs. Pre-Approval: What’s the Difference?

HomeLight

Like pre-qualification or pre-approval. Let’s lay it all out: How pre-qualifications and pre-approvals are similar Pre-qualifications and pre-approvals have a few things in common. Learn More What’s a pre-qualification? And voila, within minutes, you have a pre-qualification.

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Our 19-point house-hunting checklist for real estate agents & their clients

Housing Wire

Part of our value as professional real estate agents is helping guide buyers through the process, using our expertise and first-hand experience. Discuss how agents get paid and hire a great agent. Buyers should always hire a real estate agent to represent them. Get pre-approved with a local lender.

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Is a Mortgage Pre-Approval Letter Necessary to Make an Offer on a House?

Realtor.com

. “While you do not ‘need’ a pre-approval letter from your lender in order for your offer to be accepted, I highly recommend all of my buyers present it,” says Denise Shur , a Realtor® with 1:1 Realty in San Jose, CA. ” What is mortgage pre-approval? .”

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Roof AI powers its sales assistant with OpenAI technology

Housing Wire

We are eager to see the profound impact Roof Pro will have on the interactions and efficiencies of our broker partners, their agents , and customers.” The core skills of Roof AI revolve around functions such as searching for properties, finding an agent and starting the mortgage financing process. “We

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It’s Important to Get Your Mortgage Pre-approval Updated in Any Real Estate Market, but Especially This One

Lighter Side of Real Estate

If you’ve been searching for a house for any amount of time, you’re probably well aware of how important it is to get a mortgage pre-approval before you even start looking at houses, or at least as early on in the process as possible. When Should You Update Your Pre-approval? Pre-approvals aren’t good forever.