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First-time homebuyers are being insulated by slower market conditions. Will it last?

Housing Wire

31, 2023, and has since reshaped the business practices for real estate brokerages and agents across the country. Bryan VantHof, a member of the RE/MAX Advantage Plus -brokered The Minnesota Real Estate Team , also believes the amount the seller nets is central to getting a deal closed.

Marketing 425
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History matters as Howard Hanna looks to tackle 2025

Housing Wire

The family-run brokerage firm recorded some legal w ins and losses , developed new tools for agents and clients , and navigated one of the slowest years for home sales in nearly three decades. of the loan amount) at settlement to use toward their closing costs.

Brokerage 370
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‘Find buyers before agents!’ Mortgage industry reacts to the NAR settlement

Housing Wire

Mortgage pros have closely monitored the commission lawsuit developments since a Kansas City, Missouri jury determined that NAR, HomeServices of America , and Keller Williams conspired to inflate or maintain high commission rates through NAR’s so-called Participation Rule. You should be finding buyers before real estate agents anyway.”

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Making sense of ultra-low mortgage rates

Housing Wire

“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 526
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Howard Hanna to offer ’Buy & Borrow Bundle’

Housing Wire

According to the announcement, once homebuyers sign an exclusive buyer agency agreement with a Howard Hanna agent, they can then work with the brokerage’s in-house mortgage team to get preapproved for a loan. Once the transaction is successfully closed by the Howard Hanna agent and mortgage team, the buyer will receive a credit of 0.5%

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Success Real Estate in Boston mysteriously shuts down

Housing Wire

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. As the article notes, no one has been accused of a crime at this time.

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Do Closing Costs Include Realtor Fees?

HomeLight

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?