Housing Wire

AUGUST 1, 2023

Name Job Title Company Name Agnes Standowicz Senior Vice President and Head of Underwriting United Wholesale Mortgage Alayna Gardner Director of Sales and Marketing LodeStar Software Solutions Ali Haralson President Auction.com Amanda Tucker Chief Risk and Compliance Officer Atlantic Bay Mortgage Company Amy Gromowski Executive of Science and Analytics (..)

Lending 370

Lending Title Mortgages Equity 370

Housing Wire

APRIL 4, 2022

Tappable equity, the amount available to homeowners while retaining at least 20% equity in their homes, rose by 32% last year, surging to an all-time high of $9.4 trillion as cash-out refinance borrowers pulled the largest quarterly volume of equity in 14 years, according to Black Knight’s October 2021 Mortgage Monitor.

Mortgages 360

Mortgages Marketing Equity MLS 360

Housing Wire

JULY 19, 2021

According to Black Knight , 96% of homeowners have at least 10% equity – meaning they may be able to pay off their loan, closing costs, and agent commissions without paying out of pocket or a short payoff. At the same time, loan advances continue to increase, putting additional financial pressure on servicers.

MLS 382

MLS Equity Closing costs Sales 382

Housing Wire

SEPTEMBER 7, 2023

The three class action suits Moehrl , Sitzer/Burnett , and Nosalek , named after their lead plaintiffs, take aim at NAR’s Participation Rule , which requires listing agents to make a blanket offer of compensation to buyers’ agents in order to list the property on a Realtor-affiliated multiple listing service (MLS).

Agents 380

Agents Loan Officer Lending MLS 380

Real Trends

MAY 9, 2023

And yet, in today’s world of technology, instant gratification and misinformation, local MLS broker marketplaces and real estate professionals can be taken for granted. You understand and provide guidance on the financial aspects of the transaction, like mortgage rates, closing costs and appraisals.

MLS 94

MLS VA loan Equity Agents 94

Broke Agent Media

MARCH 30, 2023

There are now seven plaintiffs, all home sellers who take issue with NAR policies, including the policy that requires listing brokers to offer buyer brokers a commission in order to list a property on the MLS. In an email statement to Inman , NAR spokesperson Mantill Williams expressed disappointment over the court decision. “Pro-competitive,

MLS 98

MLS Residential Agents Equity 98

HomeLight

APRIL 18, 2024

Zillow aggregates multiple list service , or MLS, listings nationwide. They specialize in working with sellers who need a quick, easy close. Zillow used to have an iBuyer service, Zillow Offers, but they closed it in 2021. You can close in as little as 10 days. Trulia doesn’t have an iBuyer service, either.

Agents 99

Agents Equity Sales Home sale contingency 99

RIS Media

SEPTEMBER 13, 2021

The petition notes that the Antitrust Division agreed to close civil antitrust investigations concerning two of NAR’s policies for multiple listing services (MLS), called the Participation Rule and the Clear Cooperation Policy. Enabling buyer brokers to filter MLS listings based on the level of buyer broker commissions offered.

MLS 99

MLS Equity Closing Development 99

HomeLight

JANUARY 3, 2024

It means the buyer and seller have agreed to the terms of the contract, such as the price, the closing date, the personal property, the earnest money, tax preparation, and contingencies.” This is common when the buyer needs equity proceeds from their existing home to buy their new home. It sounds pretty straightforward, right?

Purchase and sale agreement 98

Purchase and sale agreement Earnest money deposit Inspection contingency Pre-approval 98

HomeLight

JANUARY 22, 2024

Matt Megel , managing partner with CAZA Group , which sells homes 85% faster than the average Virginia agent, says that unlocking their home’s equity on a budget is one of the main drivers for homeowners wanting to sell their property “as is.” “One Skip repairs and close in as few as 10 days. Yes Is a real estate attorney required?

As-is 88

As-is Inspection Equity Renovation 88

Realtor.com

NOVEMBER 28, 2022

The good news for home sellers is that over the past year, demand for homes has driven prices through the roof, pushing home equity to record levels. “Two-thirds of homeowners right now are sitting on a sub-4% mortgage, and about a quarter are sitting on a sub-3% mortgage,” says Lisa Sturtevant , chief economist of the Bright MLS.

Marketing 119

Marketing Pre-approval Equity Finance 119

HomeLight

JANUARY 12, 2024

A lot of people don’t have the money — they’ve got equity in their home, but they have no way of accessing it,” says Eddie Crosslin , an agent with Crye-Leike Real Estate Services. MLS has a field to mark a listing “as is”? Tennessee attorneys are not considered essential for closing in Tennessee Real estate transfer taxes?

As-is 95

As-is Investor Residential Closing costs 95

Housing Wire

MARCH 22, 2024

According to recent statistics from NAR , “social media is more powerful than MLS for generating quality leads.” As a licensed agent, you’ll give their listing broader market exposure and more polished marketing, not to mention your expertise with negotiations and tricky closings. Each group has unique concerns and goals.

Agents 376

Agents Land As-is Marketing 376

Broke Agent Media

JANUARY 6, 2023

Script for a Hard Close. If these types of tools aren’t in your budget yet, you have some options that involve a bit more sweat equity: MLS: Log in to your local MLS and search for recently expired properties. . Script for a Hard Close. Here’s how he went for a hard close to land a listing appointment.

Land 97

Land MLS Closing Agents 97

RIS Media

JULY 19, 2021

And here is where the perils and unintended consequences of the actions by the Department of Justice against the current Multiple Listing Service (MLS) system are most alarming. Employing the free market principles of private property rights, competition and open negotiation, our MLS system remains the envy of the free world.

Marketing 98

Marketing MLS Agents Closing costs 98

HomeLight

JANUARY 3, 2023

We’ll also provide a comprehensive overview on the full process to prep, market, and close on your home without the assistance of a real estate agent. Real estate attorneys are not considered essential for closing in Colorado. That 6% is deducted from the seller’s proceeds at closing. Real estate transfer taxes: 0.01%.

Purchase and sale agreement 96

Purchase and sale agreement Inspection MLS Inspection contingency 96

HomeLight

NOVEMBER 9, 2021

MLS listings of the comparable properties. An appraisal protects the buyer from owing more than a home is worth, which is called negative equity but is also referred to as underwater or upside down in a mortgage. The appraisal values the property at $355,000 and the sale closes successfully.

Purchase and sale agreement 87

Purchase and sale agreement Equity Bankruptcy Finance 87

Toronto Realty Blog

SEPTEMBER 25, 2023

For those of you who are unfamiliar with Properly, they had entered the market with deep-pocketed backers from the private equity world and positioned themselves as a “tech” company that sells real estate. A brief note about the current state of the British real estate industry might be helpful here to provide some further context.

Brokerage 97

Brokerage Industrial MLS Equity 97

RIS Media

SEPTEMBER 28, 2021

(Real), that has meant offering “low splits, revenue sharing, equity and more.” The company’s chief executive maintains that Real’s focus is on the people at the closing table. Agents are also responsible for joining and paying for their membership to a local board of REALTORS® and MLS. Tech and Support

Brokerage 78

Brokerage Branding Agents Equity 78

HomeLight

JANUARY 10, 2023

We’ll also provide a comprehensive overview on the full process to prep, market, and close on your home without the assistance of a real estate agent. That 6% is deducted from the seller’s proceeds at closing. Listing on the multiple listing service (MLS) will get your property more visibility. Conduct your own comps analysis.

Purchase and sale agreement 88

Purchase and sale agreement Natural hazards disclosure Inspection Title 88

HomeLight

SEPTEMBER 30, 2021

Your lender will receive their payout at the time of closing. A mortgage is more likely to become underwater if a seller falls behind on mortgage payments, sells before they’ve gained much equity, or sells during a market downturn. Subtract) approximate closing costs (additional 3%-4% of sale price for taxes and fees).

Mortgages 99

Mortgages Debt-to-income ratio Equity Closing costs 99

HomeLight

JULY 6, 2023

That’s why it’s important for your real estate agent to keep your property’s status up to date, both in the multiple listing service (MLS) that agents cooperatively use, as well as in online marketplaces, which pull data from the MLS. An offer has been accepted, and the sale is expected to close.

MLS 90

MLS Backup offer Inspection contingency Purchase and sale agreement 90

Housing Wire

JULY 8, 2022

Whether it be closing the sale of their first home, representing their first buyer, or presenting a captivating marketing pitch, it is my job to encourage them every step of the way. Rogers Healy: I wish there was a universal MLS. Maintaining motivation and encouragement is my absolute favorite way to influence and help others.

MLS 65

MLS Lending Equity Agents 65

Broke Agent Media

APRIL 26, 2023

homes they sold in March—close to February’s 14.5%, the worst rate of loss since 2016—largely due to high mortgage rates dampening buyer demand. home sales that closed in March sold for less than the seller originally paid for it. A new Redfin report shows real estate investors losing money on close to one of every seven (13.5%) U.S.

Investor 98

Investor Sales Mortgages Closing 98

HomeLight

JULY 12, 2022

Get cash fast: Unexpected expenses that pile up due to job loss, hospitalization, or even inflation might cause you to consider how to quickly convert your equity to cash , so you can relieve debt. Because they can close in as little as 10 days, online quote companies may be the solution to help protect your hard-earned equity.

Purchase and sale agreement 81

Purchase and sale agreement Investor Equity Closing 81

HomeLight

AUGUST 31, 2021

You’re reading through a new MLS listing, and you believe you found your ideal home. Short sales can typically be found through the MLS database or your buyer’s agent. This is different than a short sale because a pre-foreclosure seller usually still has equity in the house (meaning the home value is more than their mortgage balance).

Pre-approval 95

Pre-approval Short sale Banks Finance 95

Broke Agent Media

JANUARY 6, 2023

Script for a Hard Close. If these types of tools aren’t in your budget yet, you have some options that involve a bit more sweat equity: MLS: Log in to your local MLS and search for recently expired properties. . Script for a Hard Close. Here’s how he went for a hard close to land a listing appointment.

Land 52

Land MLS Closing Agents 52

Realty Biz

FEBRUARY 24, 2021

Since communities located close to amenities and other conveniences tend to have more restrictions than more rural communities, you may have to adhere to building restrictions and requirements. The time to find out about these types of conditions is before you close on your lot, not after. How to Find Land to Build on.

Land 122

Land Loans MLS Finance 122

The Close

APRIL 26, 2022

Our persistence and strategy led to more than $1 billion in sales in 2021 and we’re on track to hit our goal of closing a thousand buyers in 2022. If you want to learn more about The Reynolds Team, check out my interview with team leader Sarah Reynolds Oji on The Close Weekly Podcast. Contact Top Listing Agents From Other Brokerages.

Backup offer 73

Backup offer Purchase and sale agreement MLS Agents 73

Redfin

JULY 30, 2021

iBuyers offer quick and flexible closing dates since they purchase your home with an all-cash offer. One of the benefits of selling your home to an iBuyer is the ability to close at your convenience. You may be able to close as quickly as 10 days, or as long as 90 days. Commission costs can vary from 4.5-7%

Pre-qualification 62

Pre-qualification Closing costs Equity Sales 62

HomeLight

OCTOBER 11, 2021

Normally, when someone puts their house up for sale, they have some equity in the property and will walk away with money in their pocket after closing. The seller has enough equity in the home to cover the existing mortgage, and their lender isn’t involved in the sale, aside from providing loan payoff amounts at closing.

Short sale 71

Short sale Sales Banks Backup offer 71

Lab Coat Agents

AUGUST 3, 2021

Until I saw this incredibly surprising graphic: This graphic depicts the number of TOTAL LISTED UNITS ( RED ) in the Garden State MLS (covers much of Northern NJ) in relation to the number of UNDER CONTRACT UNITS ( BLUE ) & SOLD UNITS ( GREEN ) for May of 2019, 2020 & 2021.

Branding 98

Branding New Construction MLS Equity 98

The Close

JANUARY 20, 2023

Many novice investors think they can just contact a local agent and select from the properties that are available in the MLS. The cold truth is that the best deals are found off-market or outside of the MLS. The post 7 Critical Parts of Every Real Estate Investment Business Plan appeared first on The Close.

Investor 90

Investor Finance MLS Property Management 90

Realty Biz

SEPTEMBER 24, 2020

The ERA Powered ® branding model allows a company that has invested in building local brand equity to affiliate with ERA and benefit from the entirety of the brand’s platform in marketing, training and operations. million in sales volume for of all Chicagoland brokerages according to MRED MLS. Charles, Ill.,

Branding 73

Branding Brokerage Development MLS 73

Marco Santarelli

AUGUST 12, 2022

In other words, if you are considering whether to sell a house now or wait until 2023, it may be prudent to do so before interest rates close. With home equity at a historic high, homeowners on the fence about selling should realize that they are likely in a good position. Active inventory rose 28% from a year prior.

Agents 111

Agents MLS Mortgages Marketing 111

RIS Media

JANUARY 24, 2021

She is currently leading the roll-out of the industry’s first statewide, broker-led MLS, leveraging her deep expertise and facilitation skills in both areas. She also brings her perspective of engaging viewers/voters/customers to association and MLS service models. Jolivet began her career in TV news. Confronting Waves of Change.

Brokerage 63

Brokerage MLS Branding Industrial 63

HomeLight

AUGUST 16, 2021

You can look for these homes on the multiple listing service (MLS) or on various auction sites. Most REOs are sold on the MLS,” explains Todd Miller, who worked in mortgage banking for over a decade, has purchased several REO homes, and now runs the personal finance website TightwadTodd.com. Finding REO homes: How the experts do it.

Banks 104

Banks Pre-qualification Investor Short sale 104