Housing Wire

NOVEMBER 20, 2023

Real estate agents are facing a contracting issue that could seriously upend the traditional housing landscape. In order to survive, buyer agents will need to show this value to buyers and be willing to have clients pay a set fee or a pre-negotiated percentage of the sale price to secure the business.

Pre-approval 407

Pre-approval Agents Loan Officer Seller concession 407

Housing Wire

NOVEMBER 2, 2023

Real estate agents are always looking for vetted, high-quality leads — and especially so during 2023 market conditions. These providers offer a rapid and cost-effective means for real estate agents to gather a list of potential clients and ultimately boost sales.

Agents 373

Agents Branding Brokerage Marketing 373

Housing Wire

DECEMBER 1, 2021

Online real estate platform Clever has raised $8 million in a Series B funding round to expand its team and accelerate its mortgage efforts, the company said on Wednesday. Clever’s platform connects consumers with over 12,000 vetted real estate agents. Listing fees are 1%, far lower than the typical 2.5%

Mortgages 392

Mortgages Agents Brokerage Investor 392

Housing Wire

MARCH 13, 2024

Real estate is a vibrant, dynamic and competitive industry. Across the country, the best real estate coaches serve as valuable mentors who can help agents and brokers achieve the success they deserve. “It’s A quick internet search will prove that real estate coaching programs are plentiful.

Agents 424

Agents Branding Industrial As-is 424

Housing Wire

MARCH 5, 2024

Typically, the fees are lower than those for new loans and no appraisal is needed. Roam acts as a facilitator, synchronizing all stakeholders involved in the assumption process, including real estate, title and escrow agents, attorneys, and the buyer and seller themselves. How do you help real estate agents?

VA loan 412

VA loan Mortgages Loans Agents 412

Housing Wire

OCTOBER 17, 2023

A friend of mine is a successful real estate professional in a competitive market. We often discuss changing housing market conditions, and the pressure real estate agents are under to stay relevant in the wake of increased competition. He built his business on an existing strong sphere. Can you replicate it?

Brokerage 429

Brokerage Technology Agents Industrial 429

Housing Wire

FEBRUARY 20, 2024

Inspectors rely heavily on real estate agents for job referrals, although they cultivate other referral sources as well, including real estate attorneys, past customers, and online reviews and marketing. Most inspectors come from the building trades, but there are many exceptions to that rule.

Inspection 397

Inspection Inspection contingency Purchase and sale agreement Residential 397

Housing Wire

NOVEMBER 7, 2023

Though this seems like a whole new stress-inducing worry for many real estate agents , the fact is that commissions have never been a set amount, just an expectation or a tradition in many markets. Repeat, referral, lather, rinse and repeat. Tim and Julie Harris host a podcast for real estate professionals.

Loan Officer 389

Loan Officer New Construction MLS Inspection 389

Housing Wire

AUGUST 4, 2022

Tech-focused real estate brokerage Radius , flush with $14 million in venture capital raised this past April, has launched a mortgage lending arm in California that it plans to roll out to additional markets sometime next year. Is now a good time to invest in real estate automation technologies?

Lending 393

Lending Brokerage Mortgages Banks 393

Housing Wire

AUGUST 11, 2021

Rocket Homes has plans to start iBuying – and discount real estate. Such are the ambitions of an array of companies today including Zillow and real estate brokerage Compass. Such are the ambitions of an array of companies today including Zillow and real estate brokerage Compass. 1 mortgage lender in the U.S.

Brokerage 414

Brokerage Agents Lending Finance 414

Housing Wire

DECEMBER 7, 2023

As the real estate market continues to grapple with high interest rates and low inventory, agents entering the market are looking for affordable client relationship management (CRM) tools that offer a cost-effective means to automate and manage client interactions.

Agents 390

Agents Land Sales Design 390

Housing Wire

SEPTEMBER 19, 2023

Owning a brokerage isn’t what it used to be More and more aging broker-owners are considering retiring or moving on from real estate. The relocation agent team may leave if they believe their incoming referral and lead opportunities will be lost. You have to give them a reason to stay. You end up with the best of the best.

Due diligence 377

Due diligence Brokerage Agents Branding 377

Housing Wire

JANUARY 18, 2021

That’s what real estate agents are here for. Almost 90% of buyers recently used a real estate agent or broker to purchase their home, according to the National Association of Realtors. A real estate agent is a licensed professional who can guide you through the homebuying process. Comes With Good Referrals.

Agents 545

Agents Closing costs Closing Mortgages 545

Housing Wire

JANUARY 29, 2024

Referral business is crucial to your bottom line as an agent. That’s where real estate testimonials come into play. According to the National Association of Realtors® (NAR), 89% of buyers would recommend their real estate agent to others.

Agents 397

Agents As-is Title Industrial 397

Housing Wire

APRIL 19, 2023

In February , the Consumer Financial Protection Bureau issued an advisor y opinion addressing how certain mortgage comparison site platforms could potentially be violating the Real Estate Settlement Procedures Act (RESPA) section 8.

Loan Officer 310

Loan Officer Land Mortgages Loans 310

Housing Wire

MARCH 20, 2023

Meanwhile, the Surefire CRM will allow Frontwave to access business building tools to its mortgage professionals, along with tools to drive repeat and referral businesses. The LOS accounts for about 10-15% market share.

Loan Officer 315

Loan Officer Lending Technology Loans 315

Housing Wire

JANUARY 11, 2021

Rocket Homes Real Estate , a real estate affiliate of Rocket Companies , is being investigated by the Consumer Financial Protection Bureau (CFPB) for possibly violating the Real Estate Settlement Procedures Act (RESPA) when it charged fees for referring Quicken’s mortgage clients to real estate agents, according to officials.

Brokerage 395

Brokerage Agents Loans Industrial 395

Housing Wire

MARCH 21, 2022

Most real estate professionals understand that the Real Estate Settlement and Procedures Act (RESPA) was created keeping customers in mind. RESPA has strict rules for real estate and mortgage professionals regarding kickbacks, referrals, and unnecessary fees. Let’s know about them.

Agents 321

Agents VA loan Land Construction 321

Housing Wire

SEPTEMBER 28, 2021

And as any lender can attest, satisfied borrowers are more likely to yield referrals. Referral and repeat business is becoming increasingly important to lenders’ success as the refinance boom slows. Of course, referral business doesn’t stop with borrowers. A more efficient, profitable closing process.

Closing 363

Closing Lending Title Loans 363

Housing Wire

SEPTEMBER 25, 2020

OJO Labs has launched the OJO Select Network, an agent referral program that matches top performing agents with ready homebuyers or sellers based on an understanding of the agent’s skill set and the consumer’s needs. There is no fee to get started, but OJO Labs earns a commission for successful conversions.

Agents 309

Agents Staging Technology Residential 309

Housing Wire

DECEMBER 15, 2020

Forbes Global Properties will be led by Jeff Hyland, president and cofounder of the luxury listing site Hilton & Hyland and Bonnie Stone Sellers, the former CEO of Christie’s International Real Estate , who will also serve as chair. Forbes Global Properties is owned and run by brokerages, with a Forbes ownership stake.

Brokerage 377

Brokerage Branding Agents Sales 377

Housing Wire

APRIL 12, 2022

Donny Samson is quite aware of this particular moment in residential real estate history. “I real estate agent is in peril. The Department of Justice Antitrust Division is in its ninth month of a broad inquiry into what consumers pay on real estate commissions, which DOJ officials appear to think is too much.

Title 370

Title Brokerage Agents Branding 370

Housing Wire

NOVEMBER 17, 2020

Indianapolis-based High Alpha has launched Shaker , a collaborative CRM and real estate transaction management platform. Through the platform, Shaker offers a suite of tools to streamline client communication and collaboration, including transaction management, client communication, predictive insights and a built-in referral engine.

Brokerage 296

Brokerage Title Branding Agents 296

The Close

JUNE 20, 2023

If you’re looking for clever real estate pop-by ideas, you’ve come to the right place. After all, we’re not just real estate marketing experts, we’re also pun-believably good at spotting cheesy chuckles that are guaranteed to put a smile on your past client’s face. Oh, and (hopefully) score you a referral.

Branding 98

Branding Design Marketing As-is 98

Housing Wire

MAY 16, 2022

Choosing the wrong lender puts not only your reputation at risk, but the relationship with your referral partner as well! How does that impact your relationship with that referral source? Increased fees from the GSEs for second homes and high balance loans have borrowers looking for more affordable options.

Investor 340

Investor Pre-approval Loans Lending 340

Housing Wire

APRIL 12, 2023

Other challenges selected by mortgage professionals were relationships with real estate agents at 8.4%; competitiveness of rate sheet and underwriting problems at 5.8%; lender stability at 3.9%; competitiveness of product offerings at 1.9%. Lead generation ranked as the third biggest hurdle at 15.5% a loan officer in Washington noted.

Mortgages 328

Mortgages Loan Officer Marketing Seller concession 328

Housing Wire

FEBRUARY 11, 2022

Fannie Mae and Freddie Mac will increase fees for second homes or high-balance loans soon this year. This means that borrowers buying a second home or a home outside of conforming limits can expect higher fees with Agency loans. These higher fees will, undoubtedly, push more borrowers to non-QM. We originate to hold.

Loans 350

Loans Banks Mortgages Closing 350

1000Watt

JULY 21, 2023

Now, for the first time ever, you can start your journey to buy a home, or sell a home, with a real estate agent my team has vetted to meet my standards for expertise and kindness. billion annually connecting people with real estate agents. Dude is squeezing what remains of his celebrity to rake referral fees from deals.

Agents 98

Agents Branding Residential Industrial 98

Real Trends

MAY 2, 2023

A person calls out of the blue to inform you that a client you have had for 10 years is part of a relocation program, has become a transferee, and you now owe a giant referral fee on the listing or the buy side. Compliance involves using specific providers that have pre-negotiated fees, services, and discounts.

Agents 101

Agents Brokerage Sales As-is 101

Housing Wire

NOVEMBER 17, 2021

Podcast: Comparing real estate team and brokerage profitability. Study: It’s true, real estate teams outperform brokerage firms. However, these super-sized teams aren’t the only ones turning a profit — a profit that dwarfs most real estate brokerage’s profit. Real estate team profitability is stunning.

Brokerage 377

Brokerage Principal Branding Agents 377

The Close

DECEMBER 14, 2023

Gross commission income (GCI) is the full amount of money a real estate agent may receive in exchange for representing a buyer, seller, or both in a real estate transaction. But there’s much more to understanding this key calculation and why it matters to every real estate agent.

Agents 94

Agents Seller concession Brokerage Closing 94

The Close

AUGUST 15, 2023

Real estate leads can be expensive. Using a company that offers pay-at-closing real estate leads is a great way to adjust and offset costs. Also known as referral-based lead programs, services that offer pay-at-closing real estate leads connect agents with potential clients without an upfront payment.

Closing 69

Closing Pre-qualification Agents As-is 69

Housing Wire

JULY 29, 2022

A large portion of those savings can be passed on to consumers via lower rates and fees.”. Expanding footprint by opening retail branches and hiring loan officers followed by 27% and partnering with builders or real estate agents trailed by 25%. billion in loan origination volume in 2021.

Mortgages 380

Mortgages Loan Officer Lending Banks 380

Housing Wire

APRIL 30, 2022

Before founding Reggora, Brian Zitin and Will Denslow, co-founders, launched a successful real estate brokerage. Reggora’s platform automation helps lenders manage requirements such as fee redisclosures and document delivery while speeding up the early part of the appraisal process and allowing for configurable automation.

Loan Officer 332

Loan Officer Brokerage Technology Development 332

Real Trends

NOVEMBER 8, 2022

The parent of flat fee real estate brokerage and technology platform Fathom Realty plans to raise transaction fees by 10% when the calendar turns to 2023. To get in the red, the company, the parent of Fathom Realty, plans to raise fees on agents and cut expenses. in the third quarter to $111.3

Agents 107

Agents Brokerage Title Investor 107

Housing Wire

MAY 4, 2023

Most recently, Rocket launched a ‘Buy+ and Sell+ purchase initiative,’ a collaboration between Rocket Homes and Rocket Mortgage – its proprietary home search platform and real estate agent referral network business. billion in recurring servicing fee income. Rocket has 2.5 million clients and generates an annual $1.5

Principal 386

Principal Closing costs Mortgages Closing 386

Real Trends

OCTOBER 26, 2022

Unicorn real estate technology company HomeLight has raised referral fees on agents’ gross commissions to 33%. Prior to the hike, the company’s referral fee was 25% of agent commissions for deals under $4 million and 30% on transactions over $4 million.

Agents 67

Agents Finance Technology Marketing 67