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The Real Brokerage looks to build on 2023’s explosive growth

Housing Wire

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 482
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Is a Mortgage Pre-Approval Letter Necessary to Make an Offer on a House?

Realtor.com

. “While you do not ‘need’ a pre-approval letter from your lender in order for your offer to be accepted, I highly recommend all of my buyers present it,” says Denise Shur , a Realtor® with 1:1 Realty in San Jose, CA. ” What is mortgage pre-approval? .”

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Pre Approval vs Pre Qualified vs Underwritten Pre Approval: What’s It All Mean?

HomeLight

Do you know the difference between pre approval vs pre qualified when it comes to mortgage loans? Marcus Rittman, director of mortgage operations at HomeLight Home Loans, has seen that “the catalyst for most homeowners wanting to get approved for a mortgage is finding a home that they love.” Don’t let that be you!

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Redfin closes $138M deal for mortgage lender

Housing Wire

million for the mortgage lending operation in its quest to provide customers “a one-stop shop” where they can buy, sell, rent and finance a home, according to a news release from the company. Redfin completed its acquisition of Bay Equity Home Loans , paying $137.8 Cracking the code on marketing to the realtor channel.

Closing 369
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Fintech startup Tomo breaks into jumbo mortgages

Housing Wire

Ribbit Capital led the financing, which also included participation from partners of DST Global , NFX and Zigg Capital. The digital mortgage lender advertises that it creates pre-approvals for its customer within hours, not days, charges no lender fees, and ensures on-time closings 100% of the time. the fintech company said.

Mortgages 326
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How to get a real estate license in Ohio (OH) in 5 steps

Housing Wire

Your path to real estate licensure begins with 120 hours of classes in an approved Ohio real estate license education program. Step 1: Complete the prelicensing education requirements Applying for an Ohio real estate agent license starts with fulfilling the 120-hour sales associate pre-licensing education requirement.

Brokerage 416
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Own Up eyes national expansion with $12M funding round

Housing Wire

Own Up, which loosely resembles a mortgage brokerage, will expand to 15 new states in 2021, including California. The Boston-based company functions as an adviser and marketplace for customers looking for mortgage financing. More customers are preferring to complete all aspects of home buying and financing online, he said.