Buyer-broker agreement may limit how brokers compete, DOJ warns
Ahead of a final Nov. 26 approval hearing on NAR’s proposed class-action settlement, DOJ lawyers narrowed in on a provision requiring written agreements between buyers and agents before tours by Taylor Anderson November 25, 2024 Whether it’s refining your business ...
The Importance of Getting Hybrid Appraisals Right
Article written by: Rebecca Jones A more streamlined appraisal process won’t materialize until lenders and appraisal management companies understand the critical need for credible, independent data collection. © SDI Productions - E+/Getty Images Key takeaways: In theory, hybrid appraisals promise to ...
Many homebuyers will be priced out of the market in 2022
BY MATT CARTERJanuary 19, 2022 Fannie Mae forecasts rising mortgage rates and home prices will dent existing home sales by 3.2%. Rising mortgage rates and last-year’s record-breaking runup in home prices are expected to price many would-be homebuyers out of the ...
Hispanic homebuyers poised to become dominant force in U.S. housing market
Written by Jeff Ostrowsky, Senior Reporter for Bankrate. Hispanics, already a prominent force in the U.S. housing market, are about to take over as the nation’s dominant group of homebuyers. A study by the Urban Institute forecasts that Latinos will become a ...
3 ways to boost buyers’ confidence in a hot seller’s market
By SANTIAGO ARANA Although guiding homebuyers through a competitive market is a challenge, it's important to encourage them to be patient and trust the process. Here are a few ways to prepare your clients and help them stay ahead of ...
Why Do Agents Require Buyers to Sign Buyers Representation Agreement Before Showing Other Agent’s Listings?
We thought this blog article by Greg Hanner was worth reposting. I often get told by prospective Buyers that they don't understand why they have to sign a Buyer's Representation Agreement (aka Buyer's Broker Agreement) before I can show them ...
Spring Buyers Must Be Ready to Act Quickly
This spring will likely be another fiercely competitive one for home buyers. Real estate professionals should prepare their house hunters for record low inventories and rapidly rising home prices. “Demand for housing was already strong coming into the year and ...
No matter what, Realtors are the ones who make home happen
Written by Carl Medford: Despite the daily onslaught of market disruptors seeking to remove Realtors from the equation, there will always be a need for the personal touch in walking clients through the sale or purchase of their most important ...
Will Mortgage Rates Continue to Fall This Month?
Mortgage rates have hit new record lows 13 times this year, the latest in November. But will the downward trend continue this month? Nadia Evangelou, senior economist and director of forecasting for the National Association of REALTORS®, believes rates will ...
DOES UNEMPLOYMENT COUNT AS INCOME IN RENTAL HOUSING?
The rental housing industry often feels the ripples of economic change in a direct way. Move outs, unpaid rent, late notices, subletters or roommates, and even evictions can have unintended consequences to long-term unemployment. With most businesses shuttered, many renters ...
