Housing Wire

MAY 19, 2025

Among others, these incentives include green features at free or reduced costs, help in selling an existing home, closing costs payoffs, mortgage rate buy-downs , job loss protections and giveaways. Historic data from the NAHB reflects this trend of higher incentive use during periods of slower market activity.

Purchase and sale agreement

The Mortgage Report

JUNE 9, 2025

Tony and his team specialize in investment services, property management, institutional acquisitions, and buy/sell brokerage. How have recent tariffs on construction materials affected the costs of building and maintaining properties? Based in Denver, he has over 25 years of experience in the real estate and finance industries.

FHA 203k rehab loan

Rochester Real Estate

NOVEMBER 5, 2015

Every state and contract has different terms but generally speaking, if you decide to cancel the listing agreement, you could possibly be responsible for any expenses incurred by the real estate agent and their brokerage. Do I need to provide permits or anything for my deck, shed, fencing, or additions?

Purchase and sale agreement

Marco Santarelli

JUNE 8, 2025

According to a recent forecast by Redfin, a brokerage and listings site, the seemingly unstoppable climb of the housing market is expected to take a pause, with a nationwide price decline anticipated by the end of 2025. These properties often present the best opportunities for negotiation.

Marketing

Housing Wire

MARCH 15, 2024

At this early stage, it’s unclear how such commissions would be paid since buyers could pay their agents out of their pockets or negotiate commissions as a seller concession in the closing costs. NAR said that the changes , if approved by the court, will go into effect in mid-July 2024.

Industrial

Housing Wire

AUGUST 5, 2020

“If people are willing to buy or refinance at a higher rate, they can get a rebate toward closing costs,” he said. But if you want a lower rate, instead of getting that credit, 1.875% would cost an extra $6,940 in points. For those who want zero closing costs, it may not be worth it. “You

Mortgages

Housing Wire

DECEMBER 18, 2024

SUCCESS Real Estate in the Greater Boston area suddenly closed up shop this week. Over the weekend, broker-owner Steve Webster sent a note to his agents informing them that the brokerage was closing, according to a report by Boston 25 News. Understandably, this is upsetting news to all.

Earnest money deposit

Housing Wire

JULY 19, 2024

Once the transaction is successfully closed by the Howard Hanna agent and mortgage team, the buyer will receive a credit of 0.5% of the loan amount at settlement to use toward closing costs. The firm noted that the credit amount is capped at $10,000.

Closing costs

Housing Wire

APRIL 30, 2024

AARP concerns “FHA will move forward with its proposal that permits contributions by the property seller, real estate agent, builder, or developer to HECM for Purchase borrowers’ closing costs,” HUD said in its update to the policy. Certner cited fair lending concerns and the potential of undue borrower influence.

Mortgages

Housing Wire

OCTOBER 9, 2023

In 1983 Jim Campbell launched what is believed to be the first joint venture experiment between a real estate brokerage and a title and settlement firm. The authors also claim that the profit dividends received by the title company and the real estate brokerage are “wildly disproportionate” to their respective investments.

Title

Housing Wire

AUGUST 19, 2024

Another wrinkle is that not all agents, brokerages or sellers are handling offers of buyer broker compensation the same way. There are many buyers who don’t have the funds to pay their agent’s commission out of pocket along with their down payment and closing costs; they are relying on the list price including compensation for their agent. “If

Purchase and sale agreement

HomeLight

JANUARY 15, 2025

If youre making plans to sell your home, its likely youre calculating your closing cost expenses so you can estimate your final proceeds. A common question many sellers ask is: Do closing costs include Realtor fees? Connect with your top agent matches today at no cost. What are Realtor fees?

Closing costs

Housing Wire

OCTOBER 27, 2023

Class action attorneys in this case want to take away that buyer representation or force buyers to have to pay for representation out-of-pocket on top of the cost of a down payment and closing costs. And who is hurt most by that proposition? The law, the facts and the economics will prove this as NAR makes its case in court.

MLS

HomeLight

APRIL 14, 2023

Editor’s note: This post will help answer the question: How much are closing costs in Michigan? The example costs provided are based on median home prices and typical fees. Your closing costs may differ depending on your circumstances and the terms of your home purchase.

Closing costs

Housing Wire

APRIL 9, 2024

O n April 2, Hunterbrook Media reported that over 8,600 loan officers at independent brokerages sent UWM more than 99% of their mortgages in 2023, more than double the number of partners sending 99% of their loans to the lender in 2020. He left in February.

Fixed-rate mortgage

HomeLight

APRIL 14, 2023

Editor’s note: This post will help answer the question: How much are closing costs in Georgia (GA)? The example costs provided are based on median home prices and typical fees. Your closing costs may differ depending on your circumstances and the terms of your home purchase. to purchase a home in.

Closing costs

HomeLight

APRIL 20, 2023

Editor’s note: This post will help answer the question: How much are closing costs in Pennsylvania (PA)? The example costs provided are based on median home prices and typical fees. Your closing costs may differ depending on your circumstances and the terms of your home purchase. What are closing costs?

Closing costs

HomeLight

APRIL 20, 2023

Editor’s note: This post will help answer the question: How much are closing costs in New Jersey (NJ)? The example costs provided are based on median home prices and typical fees. Your closing costs may differ depending on your circumstances and the terms of your home purchase. What are closing costs?

Closing costs

Housing Wire

APRIL 8, 2024

After analyzing millions of federal and state records, Hunterbrook Media estimates that 8,682 loan officers at independent brokerages sent UWM more than 99% of their mortgages in 2023, with a total value of at least $11.7 UWM’s parent company non-GAAP adjusted net loss was $57.1 million in 2023, compared to a profit of $719.4

Loans

Housing Wire

APRIL 9, 2024

Last week, we wrote a Letter to FHA , offering constructive suggestions to ensure a level playing field between borrowers where the seller agrees to fund buyer brokerage commissions and where the seller doesn’t. All these homebuyer charges add up. We need to rein them in. Three yards and a cloud of dust.

FHA loan

Housing Wire

AUGUST 23, 2024

They have the money for the down payment, but they don’t have a lot of extra money for extra closing costs, aka commission, right now. Let’s talk about the brokerage aspect. What brokerage wants that publicity? Kleimann: And it’s not just the agent who is affected, right?

FHA loan

HomeLight

APRIL 12, 2023

Editor’s note: This post will help answer the question: How much are closing costs in Massachusetts (MA)? The example costs provided are based on median home prices and typical fees. Your closing costs may differ depending on your circumstances and the terms of your home purchase. What are closing costs?

Closing costs

Housing Wire

JULY 4, 2024

The role of real estate and mortgage professionals In times like these, the role of real estate agents , brokerage owners and lenders becomes even more critical. The question is whether it is becoming less attainable or merely obscured by market noise and confusion. Change is constant, and as professionals, we must adapt.

Pre-qualification

Housing Wire

AUGUST 19, 2024

The groups criticizing CFA, and by extension, DOJ, argue that uncoupling commissions will harm first-time home buyers, especially Black and Hispanic homebuyers who may have limited resources to pay down payment and closing costs.

Purchase and sale agreement

Housing Wire

MAY 14, 2024

Last week, we wrote a letter to FHA , offering constructive suggestions to ensure a level playing field between borrowers where the seller agrees to fund buyer brokerage commissions and where the seller doesn’t. All these homebuyer charges add up. We need to rein them in. Three yards and a cloud of dust.

FHA loan

Housing Wire

APRIL 3, 2024

Based on millions of federal and state records, the report states that 8,682 loan officers at independent brokerages sent UWM more than 99% of their mortgages in 2023, with a total value of at least $11.7 The lawsuit follows Monday’s report from Hunterbrook Media indicating that UWM pressures brokers to send loans its way.

Loans

Housing Wire

FEBRUARY 16, 2024

According to the DOJ, having the buyer request that the seller cover their broker fee in the offer, similarly to how a buyer may ask a seller to cover closing costs, would make it “straightforward for a seller to compare offers that include a request for the seller to pay the buyer’s broker with offers that do not include such a request.”

MLS

Housing Wire

NOVEMBER 15, 2023

Ask the average real estate agent or broker in America if they believe the National Association of Realtors (NAR) and brokerages are likely to win the bombshell Sitzer/Burnett commission lawsuit case on appeal. It may potentially harm buyers if they cannot afford representation for themselves after making deposits and closing costs.

Purchase and sale agreement

Housing Wire

MARCH 20, 2024

Many buyers struggled with the financial burden of covering closing costs , making it difficult or impossible to also cover the compensation for agent representation. Joshua Harley is the founder of Fathom Holdings , a RealTrends 500 brokerage.

Debt-to-income ratio

Housing Wire

SEPTEMBER 6, 2024

Then, what about mortgage lenders and brokerages whose owners are agents and the others I just mentioned? DC has the highest housing closing costs in the country,” Schwalb wrote in a post in late August. “We attorney general’s action as a continuation of these obstacles.

Title

Housing Wire

SEPTEMBER 7, 2023

Some of the nation’s largest real estate brokerages, including Keller Williams, RE/MAX , HomeServices of America as well as the National Association of Realtors , are facing three class action lawsuits (NAR is only named as a defendant in two lawsuits) that could result in the industry paying out tens of billions in damages. “I

Agents

Housing Wire

AUGUST 21, 2023

933 Coviance 630% 2015 Cloud-based financial firm enabling lenders to scale home equity loans and deliver a clear to close for borrowers in hours. 2,669 LodeStar Software Solutions 197% 2013 Firm offering software that saves mortgage lenders and professionals time and money by automating their closing cost disclosure.

Equity

First Team Real Estate

DECEMBER 14, 2020

It’s easy to get excited looking at your Zestimate and seeing how much your home value has increased over the years, but it’s important to be prepared for the hidden, and sometimes overlooked, costs that these national listing portals and franchises sneak in. MORE than family-owned brokerages like ours! Their Strategy.

Brokerage

RIS Media

MARCH 31, 2022

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. If you have goals of expanding your brokerage and the productivity of your agents, you must provide what they need for growth and success. Supplying Support. Maryland, Virginia) region.

Agents

HomeLight

JUNE 14, 2022

These indirect costs may include seller concessions and buyer incentives. A concession is when a seller agrees to use part of the proceeds from their home sale to cover some, or all, of a buyer’s closing costs. The amount of these costs will depend on your market and selling situation. Closing costs and additional fees.

Seller concession

HomeLight

SEPTEMBER 27, 2022

A concession occurs when a seller agrees to use part of the proceeds from their home sale to cover some, or all, of a buyer’s closing costs. The amount of these costs will depend on your market and selling situation. Covering certain closing costs: $26,000-$27,625. Closing costs and additional fees.

Seller concession

HomeLight

SEPTEMBER 27, 2022

You might even have received offers from buyers or buyer’s agents, who may be interested in a cash purchase or a traditional home sale that includes a buyer’s commission, closing costs, and lender requirements. Some cash buyers offer to buy homes at no cost to you. Bottom Line: There is a cost to selling your home.

Purchase and sale agreement