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A Guide to Seller-Paid Mortgage-Rate Buydowns

A Guide to Seller-Paid Mortgage-Rate Buydowns

by Third Party | Jan 22, 2023 | Real Estate Agent Tools, Real Estate News

Source: US News —  At a time when mortgage rates have increased sharply, home shoppers may be able to lock in better terms with a rewarding seller concession: interest-rate buydowns. A seller-paid rate buydown can typically help buyers save more money on monthly...
Letter to the editor: How do I tell the difference between a business and consumer mortgage?

Letter to the editor: How do I tell the difference between a business and consumer mortgage?

by Third Party | Jan 22, 2023 | Mortgage Information, Real Estate Agent Tools

Source: firsttuesday Journal —  Question: What is the difference between a business and consumer mortgage loan? Answer: A business mortgage — also known as a commercial loan — is a separate category of mortgage controlled by California rules and practices than a...
Correct House Pricing is Essential For Success

Correct House Pricing is Essential For Success

by Third Party | Jan 22, 2023 | Mortgage Information, Real Estate Agent Tools

Source: Maximum Real Estate Exposure —  How to Price a House For Sale Pricing a house in a way that will encourage a timely sale is quite challenging for home sellers and often for Realtors. House pricing isn’t rocket science, yet so many get it wrong. Numerous...
Here’s What Proposed FTC Ban on Noncompete Clauses Could Mean for Real Estate Brokers

Here’s What Proposed FTC Ban on Noncompete Clauses Could Mean for Real Estate Brokers

by Third Party | Jan 22, 2023 | Industry Updates, Real Estate Agent Tools

Source: CoStar —  For most U.S. real estate brokers, job hopping is part of a successful career where executives can negotiate bigger paychecks — and a more important-sounding title — at a new company once they have proven themselves to the industry. But...
White real estate agents earn 3 times more than Black real estate agents

White real estate agents earn 3 times more than Black real estate agents

by Third Party | Jan 21, 2023 | Real Estate Agent Tools, Real Estate News

Source: Yahoo! —  The National Association of Realtors stopped barring Black agents in 1961 but continued to oppose the 1968 Fair Housing Act, which outlawed housing discrimination. The National Association of Realtors reports that white real estate brokers make...
What You Need to Know About Foreclosure Rates

What You Need to Know About Foreclosure Rates

by Third Party | Jan 21, 2023 | Mortgage Information, Real Estate Agent Tools

Source: US News —  As a homeowner, homebuyer or aspiring real estate investor, you want to understand the housing market more. Median home prices, mortgage interest rates and average days on market are all valuable metrics to grasping current activity on the...
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