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FDIC finds banks violated RESPA on mortgage brokerage payments

Housing Wire

In its March Supervisory Highlights, the FDIC stated that many institutions have developed policies and procedures to ensure sufficient mortgage broker services are provided in order to receive compensation , which was the first of a two-part test. Violations identified vary across different stages of the loan process.

Banks 360
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The anatomy of a successful real estate recruitment funnel

Housing Wire

Recruitment is a crucial determinant of growth and success for real estate brokerages. Like your customer, the recruitment process can be visualized as a sales funnel, where potential recruits enter at the top, and the best-suited agents emerge at the bottom as ideal members of your team or brokerage.

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Why regular check-ins are the unsung heroes of agent retention

Housing Wire

A common thought among brokers revolves around the idea that if your gross commission income or office size is not increasing, you’re not successfully growing your brokerage. According to the National Association of Realtors (NAR), the average tenure of an agent with a brokerage is six years.

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Yes, real estate agents need to protect trademark rights in your brand

Housing Wire

I am a big believer in developing a brand for your real estate business from Day One. While you can develop name recognition over time, I believe that naming your team or brokerage something other than the leader’s name allows more opportunity for scale and differentiation.

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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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David Lykken to speak at Gathering of Eagles 2023

Housing Wire

But, how you structure those agreements and the partnership you develop can make a big impact on how that service thrives. Lykken will take the stage during DealMakers and the session, “Best Practices for Affiliated Partnerships.” And, don’t forget to lock in the exclusive Gathering of Eagles room rate by May 16th.

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Outdoor Workspace To Take Center Stage at Downtown Los Angeles Office Project

Propmodo

in Downtown Los Angeles’ Arts District, developer Skanska USA has partnered with architecture firm Perkins + Will to create functioning outdoor workspaces, which appear destined to become the norm in post-pandemic office design. It’s outdoor workspace, and at the proposed 15-story office project at 1811 Sacramento St.

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