Realty Biz

SEPTEMBER 15, 2023

Guaranteed Rate, a fintech provider of mortgage lending and digital financial services, has announced its latest offering, 5 Minute Approval. With the new program, the fintech industry frontrunner maintains its commitment to providing the quickest loan process in the nation. Certain restrictions may apply.

Loans 96

Loans Pre-approval Lending Technology 96

Housing Wire

JANUARY 8, 2021

As we think about coming out of this first month of the year, we’ve quickly realized this year is going to be anything but planned or what we in the mortgage lending industry are used to. But for others, low mortgage rates gave way to pre-approved borrowers struggling in a very competitive seller’s market.

Lending 474

Lending Mortgages Pre-approval Loans 474

Housing Wire

APRIL 22, 2024

This is especially effective if you’re newly licensed, just moved to a new area, or simply as an introduction if you’ve haven’t previously told your neighbors that you’re in the real estate industry. You’ll want to include the list price, sale price, and days on market. Great news! Your neighborhood is hot!

Brokerage 386

Brokerage Investor Agents Pre-approval 386

Housing Wire

DECEMBER 6, 2022

range, versus closing on their mortgage now when their homes are finally finished being built and rates are around 7.0%,” said Summers, a Keller Williams agent in Provo, Utah. But some of those partnerships are getting turned on their head as the mortgage industry reckons with the housing market slowdown.

Loan Officer 361

Loan Officer Pre-approval Loans Agents 361

Housing Wire

FEBRUARY 11, 2022

Just before a customer buys a container of pre-made Borscht, they see Naumovych’s business cards and flyers that lay neatly near the checkout area. Meanwhile, others worry that they will soon wash out of the industry. The pastor of the Ukrainian church is currently looking to buy a house and I’m working on his pre approval.”.

Marketing 413

Marketing Loan Officer Pre-approval Mortgages 413

Real Trends

DECEMBER 27, 2022

With a little bit of informed vigilance, you will be able to increase your rate of successful closes. Keep reading to learn about the reasons a deal is starting to slip and the warning signs that a deal will never close. How often does a pending home sale fall through? Once signatures have been completed, the deal is closed.

Sales 60

Sales Home sale contingency Pre-approval Inspection 60

Housing Wire

AUGUST 23, 2023

When asked how relevant this business will be, Garg refers to Amazon , a company that drives two-thirds of its sales from third-party sellers. “We Flávia Nunes: Better took nearly two years to go public, with Aurora’s shareholders’ merger approval extended three times. We aim for a similar mix.”

Debt-to-income ratio 360

Debt-to-income ratio Technology Mortgages Pre-approval 360

Housing Wire

SEPTEMBER 14, 2020

But our industry is not reacting to these new demands nearly as quickly as others, and that could be a problem. The mortgage industry, in general, has lagged behind other industries in terms of maximizing the benefits of new technologies. Setting the mortgage industry up for success. Peering into the future of lending.

Lending 478

Lending Mortgages Technology Loans 478

The Close

FEBRUARY 14, 2024

The real estate industry constantly changes. So, let’s turn up the brightness and shed some light on the real estate industry. Home sale preparation is done like a dealership preps the cars for the lot. Trevor James, writer and coach , The Close “On my very first deal, I took my clients to see a cute loft-style condo.

Pre-approval 98

Pre-approval Earnest money deposit MLS Renovation 98

Realty Biz

MARCH 30, 2023

To get the best rate for your situation, be sure to look closely at each type of mortgage. Documentation and the Pre-Approval Process Pre-approval is a must for anyone looking to purchase a home. Be sure to have all of your documentation in order and ready to go before starting the pre-approval process.

Mortgages 102

Mortgages Pre-approval Pre-qualification Due diligence 102

Housing Wire

DECEMBER 8, 2023

We’ve reviewed all the key information to determine the best Arizona real estate schools to help you get licensed quickly and efficiently with a state-approved, online program at an Arizona real estate school. Course Options See Details Pricing AceableAgent’s prelicensing classes are ADRE-approved 90-hour real estate courses.

HR 369

HR Purchase and sale agreement Pre-approval Staging 369

Real Trends

JULY 14, 2022

Coming off of a year that brought the highest number of home sales in 15 years , the market is starting to show signs of normalizing. Agents who reveled in the red-hot market may now be wondering how to keep their production up, with sales falling about 10% from 6.125 million sales to around 5.4 Brokerage communication.

Agents 52

Agents Sales Pre-approval Brokerage 52

CT Homes

FEBRUARY 3, 2022

A defining term that emerged shortly after the collapse was the “short sale”. In the years following, short sales were the driving force behind a majority of all total real estate transactions. While the overall number has greatly declined in recent years, there are still a good number of short sale transactions happening every day.

Short sale 52

Short sale Sales Pre-approval Principal 52

Realty Biz

MARCH 14, 2021

So-called iBuying companies continue to rack up major losses, with the two largest companies in the industry, Opendoor and Zillow, losing a combined $607 million from their business of buying up homes and selling them in 2020. As such, few buyers are willing to lose money on the sale of their home just to obtain that cash a few days faster.

Pre-approval 101

Pre-approval Home sale contingency Title Renovation 101

RIS Media

APRIL 18, 2022

Look at recent sale prices, as well as neighborhood trends. Get pre-approved for a mortgage. Before making an offer on a property, it’s important to have pre-approval for a mortgage. Your agent can help you get pre-approved for a mortgage in the current market. The requested closing date.

Pre-approval 118

Pre-approval Backup offer Due diligence Rent back 118

RIS Media

APRIL 8, 2022

Here’s all you should know about contingent sales as a potential home buyer. An active listing means the home in question is currently on sale, and sellers are actively open to offers. While financing may be pre-approved, the process is complex. The clause is referred to as a home sale contingency. .

Debt-to-income ratio 144

Debt-to-income ratio Title search Backup offer Home sale contingency 144

Easy Agent Pro

SEPTEMBER 5, 2023

Carefully consider factors like inventory levels, average sale prices, and average days on the market before making decisions. Setting a Realistic Budget and Obtaining Pre-Approval Before engaging in bidding wars, creating a realistic budget is essential. This will prevent overextending yourself financially.

Earnest money deposit 76

Earnest money deposit Seller concession Purchase and sale agreement Pre-approval 76

HomeLight

AUGUST 31, 2021

The exact steps vary from state to state, but let’s take a general look : Pre-foreclosure: As the name implies, a pre-foreclosure isn’t in foreclosure yet, but it’s on the way there. Usually, a home goes into pre-foreclosure after several consecutive months of missed mortgage payments, and the lender issues a notice of default.

Pre-approval 96

Pre-approval Short sale Banks Finance 96

RIS Media

SEPTEMBER 21, 2020

The homebuying process is already complex, so understanding certain words and terms in the real estate industry will help you get ahead of the game for when you’re ready to start buying. Closing costs : Fees associated with the purchase of a home due at the end of the sales transaction. The fee, usually 0.3 – 1.5

Pre-approval 60

Pre-approval Pre-qualification Title search Inspection 60

Ryan Serhant

FEBRUARY 28, 2022

Although you don’t need to spend four years getting a bachelor’s degree before getting started, there is a good amount of pre-licensing education that goes into becoming a real estate agent. Each state requires aspiring real estate agents to take a pre-licensing course before taking the real estate licensing exam.

Pre-approval 52

Pre-approval Agents Land Finance 52

Marco Santarelli

OCTOBER 4, 2023

Sale-to-list price ratio : 94.6% Get pre-approved for a mortgage before you start your search. This will show sellers that you are a serious buyer and make it easier to close on a home quickly. Percent of sales under list price: 25.5% Key industries include education, healthcare, tourism, and manufacturing.

Marketing 98

Marketing Pre-approval Investor Days on market 98

Housing Wire

DECEMBER 7, 2023

After completing an approved course of study, you’ll be able to sit the state real estate exam. Colibri Real Estate is a state-approved real estate education provider with over 132 instructors experienced in Massachusetts real estate sales and teaching best practices.

HR 376

HR Pre-approval Brokerage Commercial 376

Redfin

AUGUST 3, 2021

If you work without an agent, can you only buy homes that are for-sale-by-owner (FSBO)? However, if you’ve done your homework, can offer proof of finances, and have all your paperwork in order (such as a pre-approval), you’ll raise your chances of a good reception from a home seller. Find a real estate attorney.

Agents 73

Agents Pre-approval Inspection Due diligence 73

Marco Santarelli

OCTOBER 19, 2023

According to Redfin , there were 1,510 homes for sale in Akron in September 2023, down from 1,835 homes in September 2022. Akron is home to a number of Fortune 500 companies, including FirstEnergy , Goodyear Tire & Rubber , and PPG Industries. Median Sale to List Ratio As of August 31, 2023, the median sale to list ratio is 1.007.

Marketing 97

Marketing Investor Due diligence Pre-approval 97

Real Trends

MARCH 13, 2023

With rising interest rates affecting home sales, 2023 purchases are expected to drop from 5.8 The rapid changes within the market over the past few years have agents constantly adjusting to new conditions and client expectations, all while trying to maintain sales. million to 5.1 How will AI impact real estate?

Marketing 64

Marketing Technology Pre-approval Brokerage 64

Realty Biz

AUGUST 2, 2023

Additionally, understanding the closing process and utilizing additional resources and tools can streamline the sale. Setting the Right Price for a Quick Sale When selling your home quickly, one of the most critical factors is setting the right price. Overcoming common challenges is also vital.

Purchase and sale agreement 92

Purchase and sale agreement Title Staging Inspection 92

Redfin

MAY 5, 2023

Due to the state’s thriving economy, low cost of living, and a growing population, Texas has become a magnet for buyers and investors, which has resulted in median sale prices climbing steadily in recent years. to $341,300 and competition slowing down. And if you find your interest between two cities, fear not.

Purchase and sale agreement 65

Purchase and sale agreement Pre-approval Seller disclosure Earnest money deposit 65

Real Trends

OCTOBER 1, 2022

Current statistics show that the most recent closings sold for 99.8% What do the new pending listings and sales tell you? It’s not good enough to just be pre-approved. Your buyer needs to be under loan approval, pending identification of the property and possibly the appraisal — nothing else!

Pre-approval 83

Pre-approval Marketing Inspection MLS 83

Redfin

SEPTEMBER 17, 2020

In an ideal situation, the seller would accept it, you’d close, and the home would be yours. In a buyer’s market, there are more homes listed for sale than there are homebuyers. You can also try negotiating that the seller pays the closing costs, the closing date you want, and other contingencies. Closing costs.

Pre-approval 72

Pre-approval Purchase and sale agreement Closing costs Inspection 72

Housing Wire

MAY 8, 2023

announced on Monday that it has integrated its next-generation point of sale system, The BIG Point of Sale, on the latest API Platform available through ICE Mortgage Technology , a division of Intercontinental Exchange, Inc. “Our industry is going through some interesting times.

Technology 320

Technology Sales Mortgages Pre-approval 320

Realty Biz

JUNE 23, 2022

Over the past 10 years, more and more real estate agents are closing deals with individuals who were referred by other businesses. B2B clients tend to have longer sales cycles and may have multiple decision-makers. Typically when a B2B client converts on your website, it is just the first interaction in a longer sales process.

Agents 90

Agents Pre-approval Property Management Marketing 90

HomeLight

JANUARY 3, 2023

Year-over-year, monthly sales in the Phoenix metro area were down nearly 25%. Often, the decision to go for sale by owner (or, “FSBO”) is motivated by a desire to save on agent commissions. Once you’ve seen what’s required, you can roll up your sleeves and get started with your FSBO sale in Colorado.

Purchase and sale agreement 96

Purchase and sale agreement Inspection MLS Inspection contingency 96

Real Trends

DECEMBER 5, 2022

range, versus closing on their mortgage now when their homes are finally finished being built and rates are around 7.0%,” said Summers, a Keller Williams agent in Provo, Utah. But some of those partnerships are getting turned on their head as the mortgage industry reckons with the housing market slowdown.

Lending 89

Lending Agents Loan Officer Pre-approval 89

Redfin

MAY 2, 2023

The state’s economy is driven by various industries, including technology, tourism, energy. However, the recent increase in mortgage rates has resulted in a slowdown in competition, leading to a 4% drop in the median sale price to $558,300 compared to the previous year. The job opportunities are plentiful.

Pre-approval 54

Pre-approval FHA loan Loans Finance 54

Redfin

JUNE 14, 2023

North Carolina housing market insights The housing market in North Carolina is a vibrant and flourishing industry that presents potential buyers with numerous choices. This affordability is evident through a median sale price of $361,000, which is below the national median of $407,415. year-over-year increase. and Duke Energy.

Pre-approval 55

Pre-approval Debt-to-income ratio Closing costs Title 55

Realtor.com

MARCH 17, 2021

Still, now that vaccines are becoming more widely available and life soon promises to resume some semblance of pre-COVID-19 normalcy, home buyers and sellers might be wondering: Will the old ways of real estate return, too? Here to stay: Remote closings. Odds are, remote closings are here to stay, and may even be doable from home.

Pre-approval 130

Pre-approval Residential Closing Technology 130

Real Trends

JUNE 9, 2023

Most agents only need one or two transactions per month to make a good living and three to four per month to make close to or over a million dollars in gross commission income. You have tons of buyers who say they want to buy, and ask to see homes but haven’t gotten pre-approved yet. Nevertheless, 4 to 4.4

Pre-qualification 69

Pre-qualification Pre-approval Agents Staging 69