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Agents share dueling opinions on off-market listings

Housing Wire

We tell them, If you want maximum exposure, we go on the MLS. NAR’s recent new option for sellers Delayed Marketing Exempt Listings allows sellers to delay public marketing of their listings through IDX and syndication, while still having the properties listed on the MLS and accessible to other MLS participants.

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‘Worst possible outcome’: Industry experts weigh in on DOJ’s desire to decouple commissions

Housing Wire

When the Department of Justice (DOJ) revealed last week the changes it would like to see in how real estate agents and brokers are compensated through its statement of interest filed in the MLS Property Information Network commission lawsuit , few in the real estate industry were surprised by the agency’s desire to decouple commissions.

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DataDigest: 281 Realtors sound off on future of commissions in HousingWire survey

Housing Wire

Would love for our MLS to not be a part of the organization. The most popular responses were lobbying and MLS access, which many respondents described as critical. Quite a few were complimentary of the lobbying work done, classes, training and, yes, MLS access. NAR is a scam,” one agent wrote.

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FHFA, HUD Add FHA Data to Appraisal Database to Reduce Home Appraisal Bias

RIS Media

Department of Housing and Urban Development (HUD) announced Monday the expansion of public appraisal data to include Federal Housing Administration (FHA) loans. —The Federal Housing Finance Agency (FHFA) and the U.S.

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‘Find buyers before agents!’ Mortgage industry reacts to the NAR settlement

Housing Wire

He said he’s also interested in seeing where homes will be listed since they will no longer be required to be in the MLS system. More negotiations, lower commissions Per the terms of the settlement, MLS participants working with buyers must enter into written representation agreements before touring a home.

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Auctions see high owner-occupancy rates for foreclosed homes

Housing Wire

Most of these reverted REOs are eventually sold via the Multiple Listing Service (MLS). The data paints a similar picture specifically for foreclosed properties backed by FHA-insured loans, the subject of the recently announced first-look program. The role of renovators.

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How to Buy a Multifamily Property in 10 Steps

The Close

If you need access to your local MLS, contact a real estate agent in your area to gather data or create a rental market analysis. The right loan type for your investment depends on the property you choose to buy, so you need to be informed about each property type before shopping for homes.