Housing Wire

MARCH 27, 2024

With its supercharged growth over the past two years, it is no surprise that The Real Brokerage topped the 2024 RealTrends 500 Top Movers list for both transaction side count and sales volume. But for Real, which runs a virtual brokerage model with revenue sharing for its agents, the goal is to get better, not necessarily bigger.

Brokerage

Housing Wire

JUNE 24, 2021

After years of aggregating behavioral data from homebuyers and homesellers at the largest real estate brokerages in the country, Buyside is proud to announce the launch of their expansion into core & ancillary services by focusing on the homeowner.

Pre-approval

Housing Wire

APRIL 4, 2022

Redfin completed its acquisition of Bay Equity Home Loans , paying $137.8 million premium over Bay Equity’s tangible book value” as of Feb. 22, according to the news release.The move allows Redfin agents in 91 markets to begin referring customers to one of 400 local Bay Equity loan officers as of Monday. Presented by: 1000watt.

Closing

Housing Wire

APRIL 22, 2024

My name is (your name), and I’m a licensed real estate professional with (your brokerage). I would be happy to give you an equity analysis and let you know how much equity you have in your home. For letters, use the template below: Dear (first name), I’m (your name), a real estate professional with (brokerage).

Brokerage

Housing Wire

AUGUST 29, 2022

billion in equity as of the second quarter, plus technology that can close loans faster than most competitors, aggressive pricing is a “multibillion dollar decision investment,” as Ishbia put it. His tangible net worth ratio (a proxy of how much equity you have relative to your total assets) is just under 30%.

Loan Officer

HomeLight

SEPTEMBER 20, 2022

“People had done 100% financing on their homes,” says Jessica Wallace , a top-selling agent based in the Santa Cruz, California area, so they had zero equity when “the market dropped 10%.”. More recently, however, the hot market of 2021-2022 saw homeowners with mortgages increase the equity in their homes by 27.8% Jessica Wallace.

Short sale

HomeLight

OCTOBER 4, 2021

Find a brokerage with a rent-to-own program. If you choose not to buy, you will lose the option fee and, depending on the terms of the contract, possibly the down payment and any equity in the property. Find a brokerage with a rent-to-own program. Table of Contents. What is a rent-to-own home? Pros and cons of rent-to-own.

Purchase and sale agreement

Real Trends

JUNE 8, 2023

Long relying on real estate agents as referral partners, mortgage companies like Better started to build their own real estate brokerages over the last few years. Current and former Amazon employees who have vested equity in the company will be the first group to have access to the product.

Agents

HomeLight

MARCH 30, 2021

Many brokerages provide lists of short sales for interested buyers, so ask your agent to provide it. If not, some language in the listing might provide clues that they are in fact short sales, such as “subject to bank approval,” “notice of default,” or “headed for auction.”. Know where to find them. Be ready to deal with a third party.

Short sale

RIS Media

OCTOBER 7, 2021

Granted, they service our real estate clients, but they also partner with clients who used another real estate brokerage prior to doing business with the mortgage and insurance companies. In today’s market, we see plenty of large private equity and public companies that are trying to find their way. RR: I think it does.

Branding

Toronto Realty Blog

DECEMBER 19, 2023

So without further adieu, here are the “Top Five Real Estate Stories Of 2023” as I see them: #5: Condos, Development, & Pre-Construction This “theme” or story has far-reaching implications; at least more so than what you might conclude simply from the title. Pre-Construction. Development.

Pre-approval

Redfin

APRIL 7, 2023

Get pre-approved for a mortgage My advice to first-time homebuyers is to find a good loan officer and get pre-approved, fully underwritten approval is best. – Robert Cenzer | Redfin Agent Don’t jump in and start house hunting until you have been pre-approved by your local bank or lender.

Pre-approval

HomeLight

FEBRUARY 3, 2022

Real Estate Agent at REAL Brokerage Technologies Inc. It’s also good practice to screen buyers for pre-approval or proof of funds before they view the home to cut back on useless showings. To make things easier, develop a pre-showing routine that you can execute with muscle memory. Andrew Robinson. Real Estate Agent.

Staging

Realty Biz

DECEMBER 13, 2022

Flyhomes is a technology company focusing on real estate brokerage that helps home buyers, sellers, and agents work together to get the job done. Sellers who qualify for Flyhomes’ Trade Up program can trade their current home for the new one, unlocking equity from both residences. What is Flyhomes?

Pre-approval

Marco Santarelli

AUGUST 17, 2020

Zillow Home Loans, Zillow’s affiliated lender, provides mortgage pre-approval and financing. Redfin is a real estate brokerage. As a seller, you can get more out of your home equity by selling for more in a hot market and for a low listing fee. Here’s what you can do with Trulia.com. Credits: Trulia.com.

Purchase and sale agreement

Rent, Buy & Sell

JANUARY 19, 2023

Granted, they service our real estate clients, but they also partner with clients who used another real estate brokerage prior to doing business with the mortgage and insurance companies. In today’s market, we see plenty of large private equity and public companies that are trying to find their way. RR: I think it does.

Equity

HomeLight

NOVEMBER 14, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot New York real estate market and a steep rise in equity added extra incentives to maximize profits.

Purchase and sale agreement

HomeLight

MARCH 21, 2022

House flippers look for specific improvements to boost equity, such as cosmetic updates, mechanical repairs, an addition, or a change to the layout. Real estate brokerage Redfin, which lists homes for a 1.5% Typically, these companies enable sellers to unlock equity from their home to put toward their next residence.

Home sale contingency

HomeLight

JUNE 21, 2021

And Joe and Nicole, they called and said, “Hey, we were referred to you by this person and we went on your TikTok and we saw on your TikTok that the first thing we need to do is get pre-approved by a lender.” ” If you’re not a detail person, make sure you have someone on your team or at your brokerage who is.

Closing

Housing Wire

MARCH 22, 2024

Remuneration will vary from state to state and brokerage to brokerage, so be sure to check with your broker for the details. Get pre-approved with a local lender. Yes, many buyers will hop online and get a generic pre-approval letter. Yet they’ll be unable to because they aren’t pre-approved for that amount.

Agents

HomeLight

NOVEMBER 10, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot Chicago real estate market and a steep rise in equity added extra incentive to maximize profits.

Purchase and sale agreement

Toronto Realty Blog

DECEMBER 16, 2024

– #5: The Death Of Pre-Construction Condos There are only two times that you’re allowed to celebrate death: 1) When famed WWF wrestler, The Undertaker , falls into a casket and you know that he’s playing possum and will return shortly. Or last Thursday’s. Hope you enjoy! The timing could not have been more awkward.

Pre-approval

Toronto Realty Blog

JANUARY 8, 2021

To recap, under the program, the government provides first-time buyers with an interest free down payment loan of up to 5% of resale purchases and 10% of any new build/pre-construction home or condo. – 8) Whatever happened to that government-backed shared-equity mortgage? That shared-equity mortgage? Tony Della Sciucca.

Equity

Lab Coat Agents

NOVEMBER 11, 2020

According to the National Association of Realtors “The average homeowner in a redlined neighborhood has earned 89 percent less equity, or $524,000 less, than their counterparts in a greenlined neighborhood since 1980. Week 12 of our program requires each Agent in Training interview with at least three different brokerages and/or teams. .

Industrial

The Close

DECEMBER 29, 2022

It generally results in a higher interest rate or additional points, but it’s a way for homeowners to leverage their equity in a property. If your clients are concerned about getting approved for a loan, you can remind them that a co-borrower agrees to back the borrower in a mortgage loan. Home equity conversion mortgage.

Purchase and sale agreement

Notorious ROB

DECEMBER 19, 2022

Opendoor can try arguing that Opendoor Connect is a licensed real estate brokerage, and its listings are agent listings belonging to the main tab. Sure, the brokerage part is hurting badly because of the housing market, but the website remains as vital and as viable as ever. Zillow right now. Finally, D.R.

MLS

HomeLight

APRIL 29, 2022

Redfin is a Seattle-based discount real estate brokerage company. Use your home equity. Home Loans: You can use this service to get a free consultation with a home loan specialist, pre-approval for financing, and close on a home without hassle. Can be good savings for sellers. Relatively low risk. Modest listing fee.

Agents