Fannie Mae and Freddie Mac issued guidance regarding allowable interested-party contributions in light of the proposed Sitzer-Burnett verdict settlement agreement.
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This is a popular question we have been receiving over the past few weeks. This article will help clarify this and is a good refresher on brokerage relationships.
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Build your online brand with Nestfully Social, increase your visibility with buyers, and grow a dynamic social presence. Nestfully Social is designed just for busy real estate pros like you. It takes the hassle out of managing your social platforms, makes it easier to keep in touch with clients, and offers a simple way to collect and manage leads.
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Utilizing buyer broker agreements for each transaction has never been more crucial when it comes to managing expectations efficiently for both Realtors® and their clients. This guideline can help highlight the Realtors® value, articulate a comprehensive action plan, solidify the partnership while protecting them during the buyer process, and specify terms and commission details.
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The real estate industry has reached a new stage of evolution. Adapting to change is a process and doesn’t happen overnight. Just like those perfect homeowners with green thumbs, they always know when it's time to prune the plants, sparking positive growth for the future. The same concept applies to brokers leading their offices through adversity with intentionality and a solid framework.
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Millennials have reclaimed their title as the largest homebuying demographic, while Boomers continue to dominate the seller's market. Where Baby Boomers were once the largest group of homebuyers, Millenials have surpassed them now by 38%. Alongside that, one out of three Gen Zers seeking homeownership are single females! Let us compare Millennials, Baby Boomers, and Gen Zers to better understand where the market is headed for these individuals seeking homeownership.
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In today's competitive industry, earning the GRI designation is one of the key opportunities for Realtors® to stand out to prospective home buyers and sellers. Realtors® can advance their real estate careers by earning the Graduate Realtor® Institute (GRI), no matter how long they've been in the industry. With this designation, Realtors® will learn about updated technologies, laws, and marketing techniques that will positively impact their business.
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Many Realtors® are asking questions about how to show their value and better serve buyers. Creating a value proposition package is step one, but if you're ready to take your business with buyers to the next level? We offer two courses that will equip you with the knowledge and skills to serve your buyer-clients better.
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Many Realtors® are asking questions about how to show their value and better serve buyers. Creating a value proposition package is step one, but if you're ready to take your business with buyers to the next level? We offer two courses that will equip you with the knowledge and skills to serve your buyer-clients better.
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Integrating compensation on brokerage or listing agents' websites may be a game changer in helping buyers' agents understand compensation structure. In the future, website functionality may allow amounts to be displayed quickly, giving buyers' agents a clear understanding of the property's details.
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Fannie Mae has announced a new initiative to streamline the mortgage origination process for lenders and homebuyers. Single-family lenders can use a single 12-month verification report in the Desktop Underwriter validation services that will support lenders and help expand opportunities for buyers seeking homeownership. The streamlined process enables improved loan control quality, more efficient methods, and more ways to save money down the line.
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Time to vote! Among the finalists for Realtor® Magazine’s 30 Under 30 Class of 2024, two Realtors® from the Broward, Palm Beaches, and St. Lucie Realtors® have emerged as standout finalists. Jorge Perez from Fort Lauderdale and Antonio Eckert from Boca Raton are among the 50 young professionals vying for recognition this year.
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Lately, there has been a lot of talk about Realtors® representing buyers and how they need to level up the value they can offer and strategically present it to buyers. Many real estate practitioners across the nation think this will be crucial due to NAR's proposed settlement. Realtors® need to get granular and harness their supernatural sense of what consumers actually want!
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The MLS has historically been the go-to place for Realtors® to see compensation structure on the buying side or to communicate compensation as the listing agent. If NAR's proposed settlement is approved, compensation will no longer be in the MLS.
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On Wednesday, March 27th, 2024, The National Association of Realtors® and The Mortgage Bankers Association of America (MBA) teamed up to send a letter regarding NAR's Proposed Settlement Agreement.
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As you work to negotiate your value and services to consumers, hopefully converting leads into clientele, the MLS is an area of your discussion that you don’t want to skip over. The reality is that the MLS offers potential clients all the tools and data they need for their benefit.
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The National Association of Realtors® (NAR) proposed settlement is trending across the real estate market. Some of the takeaways that consumers and Realtors® can expect are price transparency, leveled playing fields, seller incentives, and more.
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Whether you're a new agent or a seasoned professional, the shared goal among all real estate professionals is to offer expert guidance to your clients. As a Realtor®, you understand the importance of being a trusted source of knowledge and setting clear expectations to deliver maximum value.
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This message aims to clarify the implications for our consumers and our valued Realtors® while addressing common concerns and questions.
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