Remove Agents Remove Industrial Remove Pre-approval
article thumbnail

New objection to NAR settlement targets business practice changes, plaintiffs’ attorneys fees

Housing Wire

District Court in Kansas City — less than a month before the NAR settlement is slated for its final approval hearing — Monestier took issue with the business practice changes, saying they don’t do enough to protect consumers. Additionally, Monestier’s objection also claims that agents are still engaging in steering. Following the Aug.

article thumbnail

9 expert tips to close real estate deals faster & easier

Housing Wire

Since our income is (usually) tied directly to closings, many real estate agents wonder how to close deals faster. I see many agents chasing potential clients who have little or no sense of urgency. Heres the gist: after every showing, follow up with the buyers agent for feedback and to encourage offers.

Closing 334
Insiders

Sign Up for our Newsletter

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

article thumbnail

Real estate newsletters: The ultimate playbook (+ 49 topic ideas & subject lines)

Housing Wire

Real estate agents often make the mistake of believing their clients will remember them forever but they dont. Its up to us as agents to stay engaged and stay in contact with our clients. Content: Agents can include any combination of data and information. When you buy through our links, we may earn a commission.

article thumbnail

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.

article thumbnail

Why is our industry still transferring money with paper checks?

Housing Wire

While the real estate industry has witnessed the introduction of a number of spectacular and innovative developments in recent years, we still (sometimes unfairly) get tagged as “old fashioned” or “conservative.” and get a pre-approval for a mortgage from the comfort of your own laptop. That’s just the beginning.

article thumbnail

Freddie Mac updates risk mitigation requirements for the industry due to elevated cybersecurity threats

Housing Wire

increase in CPL/agent validation errors with title insurers versus the 12-month average and a 2.4% increase in state licensing issues among closing agents versus the 2021 average. Efficiencies will be needed to catch issues in title workflows pre-closing, to help reduce post-close and trailing document costs and inefficiencies.

article thumbnail

Agents fight misconceptions to win deals for military veteran clients

Housing Wire

After completing countless Veterans Administration (VA) mortgage loan transactions over the years, Chris Pascoe, a Marine veteran turned RE/MAX agent, has developed something of a system. First, he has his clients lender call the listing agent. Somebody has a problem once and then that story just spread.

VA loan 418