Housing Wire

NOVEMBER 15, 2024

NAR’s settlement agreement — which closed a number of antitrust class-action lawsuits against NAR and major brokerages for allegedly inflating Realtor commissions, and is pending final approval this month — outlines 13 practice changes required of NAR-affiliated MLSs. While LDC doesn’t make a photo compliance tool, MLSs can purchase Restb.ai

MLS

Housing Wire

MARCH 20, 2025

on Thursday announced that Blue Ridge Bank has entered into a definitive asset purchase and sale agreement to sell certain assets of its mortgage division. Monarch Mortgage provides mortgage banking services, including the origination and processing of residential mortgages primarily for sale on the secondary market.

Banks

Housing Wire

NOVEMBER 12, 2024

Over the past few months, the market has thrown our industry almost every curve ball imaginable,” Varun Krishna , CEO and director of Rocket Companies, told analysts during an earnings call on Tuesday. But the company delivered a GAAP net loss of $481 million from July through September, a figure that was driven by a loss of $878.3

Purchase and sale agreement

BAM Media

JULY 24, 2025

of pending home sales fell through in June 2025, the highest June rate on record since 2017. Nearly 15% of pending home sales fell apart last month. of home-purchase agreements were canceled in June, up from 13.9% Email Subscribe The post Home Sale Cancellations Hit a Record High for June first appeared on BAM.

Sales

Housing Wire

NOVEMBER 1, 2024

Whether you’re looking to start a career in real estate, already have one or are involved in real estate transactions, you may find yourself wondering about industry terminology and job titles. The industry acronyms alone look like alphabet soup. So, let’s start with the basics: What is a real estate broker vs. an agent?

Agents

Housing Wire

JUNE 13, 2025

Stearns said the company’s disciplined cost structure has led to consistent profitability — without considering sales of mortgage servicing rights ( MSRs ) — which sets it apart from many independent mortgage banks ( IMBs ) that continue to operate in the red. So we started off with a completely different mindset.” He’s not wrong.

Mortgages

Housing Wire

MAY 13, 2025

The company said AI-powered underwriting now supports 75% of its locked loans up from just over 40% immediately after its launch and is helping loan officers close more than three times the mortgage industry median per month. In the second quarter, it signed an agreement with a bank to power its entire mortgage operation.

Purchase and sale agreement

Housing Wire

MARCH 24, 2025

The more buyers through the door, the more offers youll receive quickly and the higher the sale price will be. Do you offer packages or discounts for purchasing multiple services? Photographers who are newer to the industry yet still talented are a great resource, as they arent typically as in demand. Win more listings.

Purchase and sale agreement

Housing Wire

MAY 16, 2025

Or you can take your time, because the prelicensing course expires six months after the date of purchase. Pass Guarantee or Refund Policy: With The CE Shops Money Back Guarantee, you can request your money back within 30 days of purchase, as long as the course is not more than 50% complete. out of 5 stars Rating: 4.5

HR

The Close

NOVEMBER 25, 2024

In this “How to Buy a Multifamily Property” guide, I’ll walk you through deciding which type of multifamily property you want to purchase, picking the right lender, and running the numbers to ensure profitability. Purchasing a multifamily property is an excellent way for investors to generate steady income.

Purchase and sale agreement

The Close

NOVEMBER 7, 2024

Have a clear investment strategy and long-term goals before purchasing. Next, draft an operating agreement that outlines your company’s purpose, structure, and governance. Tax liens and auctions: Search for tax lien sales and foreclosure auctions. Stay updated on local and national real estate trends and regulations.

Hard money loan

Toronto Realty Blog

NOVEMBER 14, 2024

Theoretically, it’s present in every industry, in every business, and in the lives of every worker-bee in their pursuit of professional glory. Through eighteen years and several thousand blog posts, I have lamented all that is wrong or required a little tinkering, in our industry. TorontoRealtyBlog Progress!

MLS

Marco Santarelli

NOVEMBER 23, 2024

Conducting due diligence is essential before committing to a purchase. Cons: Time-consuming: It can take time to accumulate enough profits to purchase another property. How it works: Buy: Identify and purchase a property below market value, often one that requires some renovations or repairs.

Hard money loan

HomeLight

JULY 16, 2025

Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. The median sale price for homes in Southern California is approximately $888,000, marking a 0.9% What's Your Southern California Home Worth?

Purchase and sale agreement

Redfin

JULY 16, 2025

Key takeaway: Once a home is under contract, the seller is legally bound to the agreement and cannot accept another offer – unless specific clauses or contingencies allow it. Once both parties have signed a legally binding purchase agreement , the seller is obligated to uphold its terms. Generally, no.

Backup offer

Rochester Real Estate

NOVEMBER 5, 2015

The commission is typically divided equally between the buyer’s and seller’s agents, based on a percentage of the sale price. While technically, the seller pays the commission; it is indirectly included in the property’s sale price, which means the buyer contributes to it.

Purchase and sale agreement

Rochester Real Estate

NOVEMBER 5, 2015

This certainly is due to the fact that selling a home isn’t a process that is practiced regularly by home owners and also that rules, regulations, and the industry change on a daily basis. Frequently Asked Questions Before Listing Their Home For Sale When is the best time to sell my home? How is the real estate market right now?

Purchase and sale agreement

Rochester Real Estate

NOVEMBER 5, 2015

What To Expect From Your Listing Agent Why For Sale By Owners (FSBOs) Fail Blog Featured Articles Home Buying Home Selling LOCAL Rochester NY Articles What Does a Real Estate Lawyer Do? We will delve into the responsibilities and functions of real estate lawyers, shedding light on their valuable contributions to the real estate industry.

Purchase and sale agreement

Rochester Real Estate

NOVEMBER 5, 2015

What To Expect From Your Listing Agent Why For Sale By Owners (FSBOs) Fail Blog Featured Articles Home Buying Home Selling LOCAL Rochester NY Articles Earnest Money and House Deposits Explained Kyle Hiscock Kyle Hiscock | Greater Rochester NY Real Estate | Pittsford NY Realtor at RE/MAX Realty Group Have questions about buying or selling a home?

Earnest money deposit

Rochester Real Estate

NOVEMBER 5, 2015

Rent-to-own homes are a type of housing that allows people to rent a home and then potentially purchase it at some point in the future. Some of the common reasons a potential buyer may not be able to purchase just yet include not having good enough credit or lacking a down payment. The tenant and landlord will agree on a monthly rent.

Purchase and sale agreement

Rochester Real Estate

NOVEMBER 5, 2015

Your Housing Budget The purchase price of the home shouldn’t be your only consideration. But if you have a down payment of 20% or more of the purchase price, you can avoid expenses like private mortgage insurance and should benefit from a lower interest rate. (585) 704-7095 Contact Now Search Homes Home Fair Housing S.O.P.

Purchase and sale agreement

Redfin

JUNE 9, 2025

Because lenders base loan amounts on the appraisal—not the purchase price— buyers are typically responsible for covering this difference out-of-pocket. Prices increasing fast: Prices rise quickly in hot markets but appraisals rely on older sales data that may not reflect the latest trends.

Purchase and sale agreement

Marco Santarelli

MARCH 18, 2025

Example: A Canadian investor who previously purchased several condos in Miami as rental properties might decide to halt future investments due to tariff-related uncertainty, potentially impacting the demand and prices in that market. Areas with strong local economies and diverse industries may be less vulnerable to trade shocks.

Marketing

Rochester Real Estate

NOVEMBER 5, 2015

What To Expect From Your Listing Agent Why For Sale By Owners (FSBOs) Fail Blog Featured Articles Home Buying Home Selling LOCAL Rochester NY Articles What Should a Buyer Look For at a Home Inspection? Inside The House Appliances: What is their condition if major appliances are included in the purchase? Do the light switches work?

Inspection

Rochester Real Estate

NOVEMBER 5, 2015

Understanding the cash sale process, weighing the pros and cons, finding a reputable cash home buyer, and preparing your house for a cash sale are all essential steps to ensure a successful transaction. Research and seek recommendations for trustworthy companies or individuals specializing in cash purchases.

As-is

Rochester Real Estate

NOVEMBER 5, 2015

On the other hand, when you’re selling, you want your home to appraise for the agreed-upon sales price. In hot real estate markets characterized by low inventory levels of homes for sale, it is not unusual to have bidding wars on many properties. It is one of the reasons many home sellers love cash sales.

Purchase and sale agreement

Rochester Real Estate

NOVEMBER 5, 2015

What To Expect From Your Listing Agent Why For Sale By Owners (FSBOs) Fail Blog Featured Articles Home Buying Home Selling LOCAL Rochester NY Articles How Long Should Home Sellers Wait To Respond To An Offer On Their Home? Ultimately, it’s up to you to decide what’s best for your property and sale.

Purchase and sale agreement

Rochester Real Estate

NOVEMBER 5, 2015

What To Expect From Your Listing Agent Why For Sale By Owners (FSBOs) Fail Blog Featured Articles Home Buying Home Selling LOCAL Rochester NY Articles What Are Restrictive Covenants in Real Estate? Covenants can feature in loan documents, employment agreements, bond obligations, and many other types of contracts. Contact Me!

Purchase and sale agreement

Toronto Realty Blog

JUNE 23, 2025

So while many readers today might be disenfranchised by the following story, I think you can look at this in two different ways: 1) The actions of the real estate agent described in this post represent the entire industry and explains why every single one of them are scum. It was $20,000 more than the previous agreement that fell apart.

Purchase and sale agreement

Marco Santarelli

MARCH 19, 2025

Example: A Canadian investor who previously purchased several condos in Miami as rental properties might decide to halt future investments due to tariff-related uncertainty, potentially impacting the demand and prices in that market. Areas with strong local economies and diverse industries may be less vulnerable to trade shocks.

Marketing

Toronto Realty Blog

MAY 26, 2025

.” I wrote about how this would become a topic of greater importance in 2025, and while we’re not directly talking about this today, all the fervour about home prices in the media last week seems to suggest that everybody in the country should be able to afford to purchase the home that they want.

Purchase and sale agreement

Rochester Real Estate

NOVEMBER 5, 2015

Deciding on a Home Together Before covering the pros and cons of taking on a roommate, you’ll first want to come to an agreement on the type of home you’ll rent and how to go about finding it. Like purchasing a home it is wise to work with a buyer’s agent who will be in your corner every step of the way.

Purchase and sale agreement

Housing Wire

FEBRUARY 28, 2024

According to the National Association of Realtors , in 2023, 41% of surveyed buyers signed agency agreements, up from 35% in 2022. Additionally, the CFA noted that at least 13 states require brokers to use buyer agency agreements. This provision has the potential to inflate seller or buyer costs,” the report states.

Purchase and sale agreement

Housing Wire

FEBRUARY 23, 2023

When people think about the title insurance industry , what comes to mind is often its core products – title insurance policies that protect property rights of homeowners and lenders. As an industry, our commitment to protection goes beyond title insurance policies. As an industry, we united against these unfair fee agreements.

Title

Housing Wire

OCTOBER 2, 2024

REcolorado has taken a big step toward moving on from its controversial sale earlier this year. “Dana brings the ideal combination of local market expertise and strong industry relationships — exactly what we need as we shape a new path for the future of our industry,” Joseph Burks, REcolorado’s new owner, said in a statement.

Purchase and sale agreement

Housing Wire

MARCH 15, 2024

Also, fields displaying broker compensation on MLSs must be eliminated, there is a blanket ban on the requirement that agents subscribe to MLSs to offer or accept compensation and buyers’ agents must have written agreements. NAR said that the changes , if approved by the court, will go into effect in mid-July 2024.

Industrial

Housing Wire

MARCH 29, 2023

title insurance company had “no-poach” agreements with rivals. My office will continue standing up for workers’ rights by stopping no-poach agreements and holding companies accountable for their bad actions.” The agreement comes as Fidelity’s volumes are declining due to fewer real estate sales.

Purchase and sale agreement