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Warren Buffett: Real estate agent commission structure “has worked out very well”

Housing Wire

“People do negotiate down commissions to some extent, but I can tell you, I’ve looked at the figures and I think the system has really worked out very well,” he told shareholders. ” He also shared that he has never negotiated down an agent’s commission, despite his last home sale fetching an over $7 million price tag.

Agents 491
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DocMagic adds ADA-compliant loan documents to its library

Housing Wire

ADA metadata tags are applied to each of these components within the documents. The metadata tags function like HTML code, logically displaying a document’s organizational structure and content hierarchy, and include content-level details as well as descriptive text for images, logos, and other components.

Loans 379
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DocMagic’s AutoPrep solution simplifies and automates the eClosing process

Housing Wire

It offers instant document e-enablement by leveraging cutting-edge AI, machine learning and powerful Optical Character Recognition (OCR) technology, instantly e-tagging third-party documents for eSignatures, eNotary and eClosing processes. E-enabled documents are a fundamental component of eClosing workflows.

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‘There will be bank failures,’ Fed chief tells lawmakers

Housing Wire

These stressors are tied to the post-pandemic increase in remote work, as well as higher interest rates that have made it difficult to refinance commercial real estate debt. “I When the FDIC rescued Silicon Valley Bank and Signature Bank in March 2023, the price tag was $22 billion.

Banks 473
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The Closing Exchange provides a wide variety of signing solutions for lenders looking to deliver eClosings

Housing Wire

Its integrations with transaction management platforms, as well as integrations and partnerships with eClosing platforms, make it easy for clients to seamlessly order and provide eClosing options. And its technology also includes tools to make the workflow efficient and scalable.

Closing 369
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Selling your home? Make sure you’re aware of hidden costs

Housing Wire

Well, it turns out, so does selling a home. Besides cutting your grass and mowing your lawn, you might also decide to add certain foliage to increase your home’s price tag. For example, let’s say a buyer is deciding between two homes with a similar price tag. It’s no secret that buying a home takes time and money.

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ProperSign launches eSign tool for RON capabilities

Housing Wire

. “And since there’s no limit to the number of documents you can execute through QuickSign, organizations can use it for sales contracts, legal or human resource documents as well.”

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