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Stellar MLS, BeachesMLS enter data sharing agreement
Subscribers of the two Florida-based MLSs will now have access to over 180,000 active listings across the two MLS territories.
Floify launches Dynamic AI data extraction tool
Floify’s Dynamic AI automates document collection and data extraction, reducing manual entry and speeding up approvals.
Zillow and Esusu expand credit-building for renters
Starting in November, renters can verify their lease details and payment method, and Zillow and Esusu will handle the reporting process.
DossDocs aims to alleviate lock-in effect by launching wraparound mortgage product
Seller Financing Docs allows sellers to transfer their low-rate mortgage into a new loan for the buyer via a wraparound structure.
Will HUD’s new guidelines transform reverse mortgage counseling?
HUD has issued regulatory guidance in the past year that has had a “significant impact on counseling” for reverse mortgage borrowers.
NEO Home Loans powered by Better lands high-producing Gustafson Team
Led by Gene Gustafson, the Colorado-based team spent the past 15 years at loanDepot.
Maryland housing affordability crisis targeted in executive order
The order directs state agencies to speed up construction, make better use of state-owned land and cut down on permitting delays.
REMAX Premier acquires five Compass offices in Chicago
REMAX Premier has acquired five Compass offices on Chicago’s North Shore. The financial terms of the deal were not disclosed.
Should your mother-in-law be your real estate agent (or your mortgage broker, home inspector, etc.)?
Dave Ramsey says, “You’re gonna get screwed.”
But economics disagrees. I think the better question is:
What’s the cost of NOT working with your mother-in-law?
Whether or not you agree with the saying “time is money”, I believe that whatever you think you might be financially saving by going with a third-party real estate professional, you will likely breakeven or worse, be in a deficit hole, if you deduct the amount of time that is lost between hostility and all around bad blood if you decide to avoid working with a close family member (or friend) with whom you want regular contact. (This all can be waived for distant relatives/acquaintances whom you rarely see and no one will give you grief over.)
