Housing Wire

JUNE 21, 2023

of sales were rental or investment properties or second homes , according to a survey of 1,063 listing agents. We’re starting to see more sellers who are listing second homes and investment properties,” said Lisa Sturtevant, the chief economist of Bright MLS , which conducted the survey. According to Bright MLS, 56.5%

MLS 370

MLS Sales Mortgages Agents 370

Housing Wire

SEPTEMBER 1, 2023

Name Job Title Company Name Aaron Kardell Vice President of Product Lone Wolf Technologies Aayaam Kapoor Vice President of Product and Agency Real Estate Webmasters Amaly Quiroz Vice President of Transaction Operations eXp Realty Amy Gorce CEO REdistribute Andrew Binkley President Constellation Real Estate Group Ankur Bansal President of HomeLight (..)

Technology 446

Technology Development Title Lending 446

Housing Wire

AUGUST 1, 2023

Their collective expertise spans the entire spectrum of the sector, encompassing areas such as lending, tech, real estate, appraisal, compliance, operations, sales and so much more. The following list of honorees comprises many more examples of exceptional leadership from some of the industry’s most accomplished women.

Lending 370

Lending Title Mortgages Equity 370

Housing Wire

JULY 19, 2021

Once this path is determined, the servicer should be involved in assisting homeowners through the plan to exit forbearance, which may include the sale of their home. HW: When we think about servicer capacity, what are some of the potential challenges servicers might face and how can having a partner like Xome help solve this?

MLS 417

MLS Equity Closing costs Sales 417

RIS Media

APRIL 27, 2022

“This case threatens to disrupt consumers’ equitable access to the largest centralized database of homes for sale in a given market, as well as their ability to afford professional representation during what is likely the most complex and consequential transaction they’ll make in their lifetime.” Keller Williams Realty, Inc.,

MLS 98

MLS Industrial Agents Finance 98

Housing Wire

OCTOBER 11, 2023

Marc Helm President and CEO ReverseAmerica Advisors Hoby Hanna President and CEO Hanna Holdings James O’Bryon CEO RE/MAX Gold Nation Jarred Kessler CEO and Founder EasyKnock Jason Abrams Head of Industry and Learning Keller Williams Jeff Allen President CubiCasa Jennifer Hedgepeth Executive Vice President and Chief Operating Officer DHI Mortgage Jimmy (..)

Lending 462

Lending Technology Mortgages MLS 462

Housing Wire

JULY 20, 2023

Stop answering clients’ concerns by saying, “Yeah, there’s really nothing on the market, I mean everything in the MLS is already pending. They may have a downpayment saved that isn’t their home equity. They might use a bridge loan to borrow their equity, close on the next home and then sell the old one.

Equity 285

Equity MLS Construction Agents 285

Housing Wire

AUGUST 7, 2023

of data services, Ellie Mae added $11B of origination processing, risQ made location risk visible and now Black Knight delivers another $11B of MLS capability, public data and consumer payments. Lenders should expect to redesign workflows and business rules to determine if a loan is “Fit 4 Sale.”

Lending 370

Lending Loans Technology Brokerage 370

Broke Agent Media

APRIL 6, 2023

Sales Marketing Service If at any moment we stop driving any of those three, we’re basically done. What are you doing right now, this week, to drive more sales in your business, to put out more marketing, and to provide more service to more people? In essence, he provides a condensed version of the annual equity review.

Sales 98

Sales Marketing MLS Agents 98

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 395

Agents Loan Officer Lending MLS 395

HomeLight

NOVEMBER 29, 2023

Free online home value estimators can give you an idea of what your house might sell for or how much home equity you’ve banked so far. Most aggregate some combination of county auditor and tax assessor records, user-submitted data, and MLS listings and sales to produce the estimate. How Much Is Your Home Worth Now?

MLS 109

MLS Equity Banks Sales 109

Housing Wire

OCTOBER 28, 2022

Speakers: Haley Parker, Area Business Development Manager, Fairway Independent Mortgage Corporation Arjun Dhingra, Sales and Business Development, All Western Mortgage Doug Wilber, CEO, Denim Social Chelsea Peitz, Founder, Chelsea Peitz Consulting. Speakers: Dave Savage, Chief Innovation Officer, Mortgage Coach and Sales Boomerang.

Title 407

Title Lending Finance Development 407

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

Housing Wire

JULY 26, 2023

Bright MLS Chief Economist Lisa Sturtevant noted two weeks ago. However, we will still see tension in the short term,” said Dan Burnett, Head of Investor Strategy at Hometap Equity Partners. In June, the index for shelter accounted for 70% of the increase in the CPI. Rents were up 8.3% in June, while owner costs rose 7.8%.

Fixed-rate mortgage 370

Fixed-rate mortgage Investor Mortgages Banks 370

HomeLight

OCTOBER 11, 2021

You see a house you love, but the listing shows that it is an “active pending short sale.”. And just what is a short sale, anyway? Is a short sale home purchase for you? And can you still make an offer on an active pending short sale? Short sales defined . What causes a short sale? Wait, what?

Short sale 76

Short sale Sales Banks Backup offer 76

Housing Wire

MARCH 22, 2024

By analyzing hundreds of relevant data points, including market trends, historical sales data, consumer behavior, credit card debt, and more, AI tools can forecast which properties are more likely to be listed for sale in the near future. Data analysis allows real estate agents to focus their marketing efforts (and budget!)

Agents 417

Agents Land As-is Marketing 417

HomeLight

APRIL 18, 2024

Gone are the days of driving through a neighborhood trying to spot “for sale” signs in front of houses. If you type “homes for sale” plus the area where you’re looking into a search bar, these two sites will pop up near the top of any results. Zillow aggregates multiple list service , or MLS, listings nationwide.

Agents 105

Agents Equity Sales Home sale contingency 105

HomeLight

JANUARY 3, 2024

Sometimes you come across a home for sale that checks off every box on your list, but the listing status says that it’s “under contract” or “sale pending.” In most cases, there are contingencies in the buyer’s offer that need to be cleared before the transaction is moved to the more solid “sale pending” status.

Purchase and sale agreement 103

Purchase and sale agreement Earnest money deposit Inspection contingency Pre-approval 103

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 The second reason we come across is speed and convenience.

As-is 94

As-is Inspection Equity Renovation 94

HomeLight

JULY 31, 2020

You don’t see as many short sales in 2020 as in 2010; despite their name, they’re neither short nor simple endeavors. If a homeowner is behind on their mortgage payments, owes more money than the property’s current value, and is in danger of foreclosure, a lender may agree to terms of a short sale. How do short sales work?

Short sale 98

Short sale As-is Purchase and sale agreement Sales 98

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

Realty Biz

MAY 15, 2022

Let’s look at everything to know about comps in real estate sales. For example, how long were other homes listed for sale? What is the average list price to sale price of other similar sold properties? Not only do comparable sales provide a basis for where to start your offer but also where you end up paying.

Sales 140

Sales Agents MLS Equity 140

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. Melinda is a top-selling agent in Tennesee who completes 18% more sales than the average agent in the state.

As-is 101

As-is Investor Residential Closing costs 101

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 105

MLS Equity Closing Development 105

HomeLight

NOVEMBER 9, 2021

MLS listings of the comparable properties. Any additional information the appraiser used in the appraisal process, including market sales data, public land records, or tax records. Appraisal for a lender-financed home sale. The appraisal values the property at $355,000 and the sale closes successfully.

Purchase and sale agreement 93

Purchase and sale agreement Equity Bankruptcy Finance 93

Housing Wire

OCTOBER 31, 2023

Although the verdict has yet to be announced, Stella said he has been seeing changes to how MLS and agents operate over the past few years. Like Stella, Moffett also believes changes to MLS access may arise as a result of the lawsuit and the provisions outlined in the two settlement agreements. “A

Industrial 446

Industrial Agents MLS Brokerage 446

HomeLight

AUGUST 31, 2021

You’re reading through a new MLS listing, and you believe you found your ideal home. They’ll put the house up for auction either in a sheriff’s or public trustee sale (the name depends on what foreclosure process your state follows). Different types of foreclosure sales. Short sale. Pre-foreclosure.

Pre-approval 101

Pre-approval Short sale Banks Finance 101

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.

Brokerage 97

Brokerage Industrial MLS Equity 97

RIS Media

SEPTEMBER 28, 2021

Real), that has meant offering “low splits, revenue sharing, equity and more.” Real also offers an equity program where agents obtain company shares in place of their commissions—5% of net commissions—or by hitting annual caps or directly recruiting new agents. For Real Brokerage Inc. Tech and Support . Looking Ahead.

Brokerage 102

Brokerage Branding Agents Equity 102

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 102

Purchase and sale agreement Inspection MLS Inspection contingency 102

Broke Agent Media

APRIL 26, 2023

home sales that closed in March sold for less than the seller originally paid for it. of overall home sales that closed in the same month sold for less than the seller’s original purchase price. of overall home sales that closed in the same month sold for less than the seller’s original purchase price. For context, 4.8%

Investor 98

Investor Sales Mortgages Closing 98

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 76

MLS Lending Equity Agents 76

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. The secret is to get access to homes before there is a lot of competition for them through the MLS. Steve, Inside Sales Associate, The Reynolds Team Virginia. That’s simple.

Backup offer 73

Backup offer Purchase and sale agreement MLS Agents 73

HomeLight

SEPTEMBER 30, 2021

Here are the quick points to know on how to sell a house with a mortgage: You’ll use the proceeds from the sale of your home to pay off your existing mortgage balance. 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.

Mortgages 102

Mortgages Debt-to-income ratio Equity Closing costs 102

HomeLight

JANUARY 10, 2023

With such impressive sales figures, some sellers may be curious about how to sell a house by owner in California — a decision that could help them save on agent commissions. Often, the decision to go for sale by owner (or, “FSBO”) is motivated by a desire to save on agent commissions. Fast Fasts for Selling a House in California.

Purchase and sale agreement 94

Purchase and sale agreement Natural hazards disclosure Inspection Title 94

RIS Media

FEBRUARY 1, 2022

– Jon Coile, VP – MLS & Industry Relations, HomeServices of America. – Liz Hogan, Vice President, Luxury Sales, Compass. – Teresa Palacios Smith, Chief Diversity, Equity and Inclusion Officer, HomeServices of America. – Jim Fite, President, CENTURY 21 Judge Fite Company. – J.B. Trailblazers.

Branding 98

Branding MLS Equity Industrial 98

Redfin

DECEMBER 7, 2020

American homeowners have gained $2 trillion dollars in home equity since the beginning of the pandemic alone, thanks to double-digit price growth driven by soaring homebuyer demand as the supply of homes for sale fell to historic lows. As a result, many Las Vegas homeowners are tapping their home equity and downsizing.

Marketing 79

Marketing Equity Investor Loans 79