This article concerning Marketing Service Agreements, or MSA’s, was written by Warren Goldberg, President of Mortgage Wealth Advisors and is being shared with his permission. What is an MSA or Marketing Service Agreement? ‘The residential mortgage origination industry has long used Marketing Services Agreements (MSAs) to establish the terms of certain marketing arrangements. An MSA, written […]
On October 3, 2015, sweeping changes in the way that a residential mortgage loan is processed and closed will go into effect! TRID, or TILA-RESPA Integrated Disclosure, was originally due to be implemented August 1, 2015 but that was ultimately extended to October 3. The reason for the extension provided at the time was a missed […]
By the year 2035 will advancements in technology and the ability for businesses to automate render thinking and breathing employees obsolete? That is certainly an extremely interesting question fraught with potentially devastating implications! For example will the need for the professionals at title companies, lawyers, real estate brokers and even bus drivers disappear to be replaced by robots? […]
When buying residential or commercial real estate the temptation can sometimes exist to ‘go it alone’ or, in other words, without a real estate broker! There can be a variety of reasons for thinking about going this route including having the ability to work with sellers who are also going it alone by listing their […]
For anyone or any couple who has ever hunted for a house, chances are that you are likely very well aware of the variety of emotions that entered into the exercise! But as we enter the Spring home buying season, if you haven’t yet had the house hunting experience you can either take our word […]
Surely that’s a rhetorical question because while real estate agents like new business and getting deals done for clients, no one can like everyone! And, when it comes to the stress being managed by someone either selling their most valuable asset or making what will likely be the largest purchase of their life (until moving […]
Are there alternatives in the marketplace for real estate agents and brokers or is working for one of the major and most well-known firms the only option? Because we count numerous real estate agents and brokers among our readership we wanted to present a twist on an already existing business model we recently learned about (although […]
In other words if your looking to list and sell your home, what have other homes in the immediate neighborhood recently sold for? When the time comes to sell your home a listing price needs to be set. It can be set too low meaning that you leave money on the table, too high which […]
For some home sellers the temptation to avoid paying a real estate agent a commission for their services may override the multiple benefits that using one provides! For anyone who is going to be selling a home, the metrics that matter most to them should include the amount of time the house will be on the market before it sells, the […]
Follow @Hallmark Abstract Service To homeowners and real estate agents: If you agree (or disagree) with the opinion in this article regarding the proper pricing of a home please consider sharing it on your social media. Realtors (and everyone else) feel free to leave your thoughts in the comments along with your website and contact information! […]
