Housing Wire

NOVEMBER 16, 2022

The plug-and-play and brokerage routes. Another path to survival for some IMBs, according to Ludden, might be to convert to a brokerage operation. Some inform us that they will be closing the doors, while others are desperately trying to cut costs, even beyond what I think is probably feasible cost cutting.”.

Banks 402

Banks Mortgages Loan Officer Due diligence 402

Real Trends

MARCH 14, 2023

To avoid some of these delays while still cutting costs, Offerpad, which formerly employed real estate agents , has moved to an independent contractor, allowing agents to hang their license with Offerpad’s brokerage while conducting transactions for Offerpad — in addition to their own traditional home selling and buying business. “A

Closing 94

Closing Agents Due diligence Technology 94

HomeLight

OCTOBER 30, 2020

But is the cash closing process always seamless? A cash deal can close in as little as 7 days, while financed home purchases tend to take an average of 45 days to close. With a mortgage, there are all kinds of things that can go wrong to delay closing — financing issues and appraisals coming in low are two of the most common.

Closing 111

Closing Inspection contingency Title search Purchase and sale agreement 111

Housing Wire

APRIL 25, 2024

To win the contest, visitors need to guess the closing price of your listing– giving you the perfect excuse to reach out when your listing closes. The app allows you to quickly choose and edit design templates for social media, flyers, postcards, and even signs and business cards — all from your phone.

Agents 357

Agents Commercial Branding Design 357

Housing Wire

JULY 27, 2021

This must be more than just an individual technology or system, but comprehensive, end-to-end solutions that can drive efficiency from application through close to the delivery of loans into the secondary market. We now have over 1,000 professionals focused solely on the agency new origination side of the market.

Industrial 382

Industrial Mortgages Lending Due diligence 382

The Close

MAY 24, 2024

Realtor member associations, brokerages, agents, and teams can access resources to promote safety awareness. These resources provide education for Realtor associations, brokerages, teams, and agents. Check out The Close contributor, Tracey “The Safety Lady” Hawkins. Ask your brokerage to provide cybersecurity training.

Agents 96

Agents Construction Commercial Due diligence 96

Realty Biz

JUNE 4, 2023

Investors, brokerage firms, builders, and in fact, modern-day buyers or sellers, mostly millennials, prefer using online routes to manage and close transactions. Real estate companies can invite investors and allow them to complete due diligence at their pace.

Due diligence 80

Due diligence Investor Title search Development 80

HomeLight

APRIL 30, 2022

It’s time for you to buy a house, and between the financial questions (how much will you need for closing costs? The full-service real estate brokerage employs local agents to help customers buy, sell and book a home tour with Redfin’s “Book It Now” feature. “We what’s considered “overpaying” on a house?) Social media apps.

Closing 94

Closing MLS Pre-qualification Due diligence 94

Realty Biz

MAY 24, 2022

But after doing my due diligence I learned that JPAR was actually the perfect option to help me grow and scale my business. The company boasts more than 4,000 agents operating in 65 offices across 26 states and closes more than $8B annually in sales volume. You should join us too!” added Williams.

Due diligence 78

Due diligence Marketing Brokerage Technology 78

Housing Wire

DECEMBER 7, 2023

You can also opt-in to Freedom Trail’s broker recruitment program to be contacted directly by local brokerages that are hiring new agents. The MA & NH package includes required Core Course, Buyer Agency, Financing, Disclosures / Seller Due Diligence, 1031 Exchanges, Code of Ethics, and Conducting Open Houses and Developing a Safety Plan.

HR 346

HR Pre-approval Brokerage Commercial 346

Kyle Handy

MAY 8, 2023

The closing costs will include the fees for the buyer’s and seller’s agents. But you don’t walk away with the $3,000 because you still need to pay your brokerage. For the most part, it’s the seller who pays out the commission from their closing costs. You, the buyer’s agent, get $3,000.

Purchase and sale agreement 87

Purchase and sale agreement Closing costs Commercial Due diligence 87

Lab Coat Agents

MAY 23, 2022

Plus, not only must real estate pros compete with traditional brokerages but new and non-traditional brokerage models that operate virtually and serve clients across the country are also encroaching on their opportunities. It can help you compete and it can power your agents to become deal-closing superstars for your brokerage.

Due diligence 52

Due diligence Technology Brokerage Agents 52

Realty Biz

SEPTEMBER 4, 2023

You only need to put a small amount down as an earnest money deposit, and you get that money back either when the deal closes or if you put contingencies in place for it. To cover closing costs, negotiate a seller concession. Today I no longer pick individual stocks or invest without deep due diligence in real estate deals.

Earnest money deposit 85

Earnest money deposit Seller concession Investor Hard money loan 85

Realtor.com

JANUARY 12, 2021

The process is not really over until escrow closes,” Zuetel says. There are also things that can and do happen between the time a house goes under contract and the closing that may give a seller options. Buyers can also take backup offers (more on these options later). Should home buyers bother making a backup offer?

Backup offer 115

Backup offer Purchase and sale agreement Due diligence Inspection 115

HomeLight

APRIL 14, 2023

Using the information you provide about your home along with local neighborhood data, we’ll get you a no-obligation cash offer that will allow you to close in as little as 10 days. Receive your offer within a week and close in as little as 10 days. Simple Sale will connect you with the largest network of cash buyers in the U.S.

Sales 90

Sales Due diligence Agents Closing 90

HomeLight

OCTOBER 27, 2020

Retirement or brokerage account statements. When you make an offer that’s accepted — which is much more likely with a preapproval than with a prequalification — and you provide a valid purchase agreement, your lender will then complete the underwriting process to clear your loan to close. Letters of explanation for gaps in employment.

Pre-approval 103

Pre-approval Due diligence Loans Bankruptcy 103

Norada Real Estate

FEBRUARY 1, 2023

If you were to go down to your bank or brokerage and tell them you need a self-directed IRA they would probably tell you that’s what you have. There are several truly self-directed IRA custodians that we work with that are not commission-based institutions like your bank or brokerage.

Due diligence 97

Due diligence Banks Brokerage Equity 97

Realty Biz

MAY 24, 2021

You only need to put a small amount down as an earnest money deposit , and you get that money back either when the deal closes or if you put contingencies in place for it. To cover closing costs, negotiate a seller concession. Today I no longer pick individual stocks or invest without deep due diligence in real estate deals.

Earnest money deposit 126

Earnest money deposit Seller concession Investor Hard money loan 126

Real Trends

DECEMBER 9, 2022

million closed loan applications while white, Black, and Hispanic Americans have 13.2 First, brokerages need to recruit and provide training for AAPI agents while mortgage and title firms do the same. Also, it is critically important for brokerages to be visible in local prominent AAPI communities. million, 1.6 million and 1.7

Due diligence 82

Due diligence Brokerage Loans Agents 82

Toronto Realty Blog

MAY 5, 2021

A Superior Court decision this past March addressed this question, and concluded the buyers in the case breached their contract by refusing to close — even though there was a major discrepancy between the actual and the published sizes of the home. The buyer objected upon closing and demanded a $10,000 abatement.

Purchase and sale agreement 95

Purchase and sale agreement MLS Due diligence Agents 95

The Close

APRIL 11, 2023

A listing agent I know promises a free abacus with every closed deal, but I wouldn’t count on it. Job Interview A new agent walks into a brokerage office for an interview. “It I can make you the most successful agent in your brokerage, and you will sell 200 houses next year if you sign this contract in blood. Where’ve You Been?

Agents 145

Agents Due diligence Brokerage Land 145

Broke Agent Media

FEBRUARY 16, 2023

A good number of these fake listings appear on property sites like Zillow, but lately, more are being listed with brokerages to get them on a multiple listing service (MLS). Also, the seller will only sign documents remotely, and they’ll push for a quick close, including the use of a remote notary and title service of their own choosing.

Land 98

Land Title Agents Due diligence 98

Easy Agent Pro

NOVEMBER 12, 2021

Dallas brokerage Real Estate Concierges [now Mile 27 Realty] is floating a new business model, touting its lifetime real estate consulting services as its core value to clients,” according to Paul Hageman in a 2015 blog post at Inman.com. . Due diligence; it’s not just for homebuyers. Or a champagne gift basket for that matter.

Title 107

Title Due diligence Agents Mortgages 107

HomeLight

OCTOBER 17, 2022

You don’t need to “overshare,” explains 5-star-rated real estate brokerage owner/agent Hillary Smith of Austin. HomeLight’s free Agent Match platform can connect you with a top-performing agent in your market who can help you navigate your entire home-selling journey — from disclosures to closing. Find Agent. Gulf of Mexico.

Seller disclosure 98

Seller disclosure Homeowner’s association Due diligence Agents 98

HomeLight

JUNE 16, 2023

“First and foremost, do your homework,” says Elizabeth Kinsella, Global Member Services Manager at Leading Real Estate Companies of the World , an international, invitation-only network of top-performing real estate brokerages. “I Understand zoning rules Do your due diligence. Get Started 5. with overseas affiliates.

Title 88

Title Due diligence Agents Brokerage 88

Marco Santarelli

FEBRUARY 24, 2023

According to Redfin, a residential real estate brokerage, the Pasadena housing market is somewhat competitive, with homes receiving an average of 5 offers. The median sale-to-list ratio is 99.9%, which means that homes in Pasadena are selling at a price close to their list price. compared to last year.

Marketing 74

Marketing Investor Hard money loan Due diligence 74

Toronto Realty Blog

JULY 27, 2020

I said, “Assuming that we can acknowledge that problem-tenants exist…” But I don’t think we’re anywhere close to agreeing there. Another colleague of mine (as you can tell, I talk to a lot of agents from other brokerages…) walked me through a massive scam that she uncovered last month.

Due diligence 124

Due diligence Agents Title As-is 124

Redfin

MAY 24, 2022

Licensed real estate agents then sign on with a real estate brokerage. A real estate broker is a licensed agent who has earned additional certifications that allow her to recruit and manage a team of agents and open a brokerage company. How many transactions do you close in an average year? How long have you lived in this area?

Agents 74

Agents Pre-qualification Purchase and sale agreement Pre-approval 74

HomeLight

FEBRUARY 26, 2021

A home inspection is part of a buyer’s due diligence. In fact, 95% of purchased homes undergo an inspection before closing. However, even if they want to list the property “as is,” they’re willing to work with buyers on repairs related to health and safety matters — even if all they can manage financially is a credit at closing.

As-is 101

As-is Sales Inspection Investor 101

HomeLight

JANUARY 25, 2021

According to a survey over 2,000 adults from real estate brokerage Coldwell Banker, 80% of Americans say they would prefer to buy a turkey home over one that requires renovations. With the townhouse McCorkel purchased, he estimates two months for rehab and two months to market and sell it, including closing time. “I Next steps.

Purchase and sale agreement 106

Purchase and sale agreement Investor Inspection Due diligence 106

The Close

DECEMBER 29, 2022

After all, great communication leads to closed deals. Furthermore, in today’s market, understanding our complex mortgage industry could actually help you close more deals and maybe even save clients money. This is when the seller signs over all rights and obligations related to a property to the buyer before the actual closing.

Purchase and sale agreement 98

Purchase and sale agreement Title Proof of funds Pre-approval 98

HomeLight

NOVEMBER 30, 2022

When you choose well, your real estate agent will be your guide as you find your perfect home and make it to the closing table. Attending the closing and ensuring it goes smoothly. They will walk you through everything you need to know and provide resources you can’t find anywhere else. Writing an offer and handling negotiations.

Agents 107

Agents Purchase and sale agreement Technology Seller concession 107

HomeLight

APRIL 29, 2022

Skip repairs and close in as few as 10 days. Real estate attorneys are not considered essential for closing in the state of Washington, but it may be advisable to hire one. These companies can help sellers cash out quickly and many will cover a seller’s closing costs in full. Sell 'As Is' With a Cash Offer. Request Cash Offer.

As-is 77

As-is Purchase and sale agreement Investor Inspection 77

HomeLight

JULY 25, 2022

In 2010, when a successful agent at his brokerage was getting out of real estate, Nick saw an opportunity. We’re gonna talk about due diligence. The person that’s running the brokerage is gonna know who’s coming and going. It could be an agent wanting to wind down parts of their business. Matt: Right.

Agents 77

Agents Due diligence As-is MLS 77

Redfin

APRIL 13, 2022

You get a loan and close on the property. You can also work with a real estate agent or brokerage specializing in the rent-to-own market. Purchase your home: If you’ve planned accordingly, you can close on your home at the end of your lease and begin making mortgage payments seamlessly. And then you’re a homeowner.

Purchase and sale agreement 69

Purchase and sale agreement Equity Mortgages Due diligence 69

RIS Media

SEPTEMBER 20, 2021

Boesen ruled that a real estate agent and his brokerage could not be held responsible for selling a new house with a defective, regularly leaking foundation because the buyers could not prove he “knew or should have known any information about the construction of the home.” ” The in the 2011 court case Barton v.

Design 106

Design Purchase and sale agreement Agents Seller disclosure 106

Marco Santarelli

AUGUST 21, 2020

According to the national real estate brokerage Redfin, the Miami metro area had about an 8-month supply of homes for sale as of June 2020. percent of close sales were distressed sales. During that same 12-month reporting period, closed sales fell by 0.70% in Broward County. On the other hand, closed sales increased by 9.4%

Marketing 126

Marketing Investor Sales As-is 126