Richard Allen

Earlier this month, FHA published an FAQ related to seller-paid commissions and the NAR settlement stating under FHA’s existing policy, sellers can pay the buyer-side real estate commissions / fees and they will not be included in the 6% interested party contribution limits so long as it is common and customary in the current market and all other requirements are met. Freddie Mac and Fannie Mae released similar statements on April 15 related to conventional loans stating property sellers are permitted to make financing concessions toward the Borrower’s Closing Costs in maximum amounts between 2% and 9% of the property value. Fees or costs customarily paid by the property seller according to local convention are not subject to these financing concessions limits. Buyer agent fees have historically been fees customarily paid by the property seller or property seller’s real estate agent, and, as such, they are currently excluded from these financing concession limits. This offers more opportunities for your borrowers as it relates to seller-paid closing costs. While this information remains valid today, we will need to continue to monitor the marketplace for what will be defined as common and customary once the NAR settlement is approved by the courts which is tentatively set for July 15, 2024. We will keep you updated as we receive additional announcements. Contact us to learn more: https://bit.ly/3MmYB1Y #cfmortgage

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Let’s delve into why a real estate agent’s sphere matters more in such challenging market conditions. https://lnkd.in/eaWxXaPK #Prospectsplus #Realtors #Realestate

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Three keys to success in real estate: Be intentional about your niche, know your numbers inside out, and remember, there's more than one way to sell. It's not just about buyers and sellers; there's a whole world of opportunities waiting to be explored. @gregdavtyan #RealEstateSuccess #IntentionalNiche #KnowYourNumbers #realestate #realestateinvesting #realtor #investing #offmarket #webuyhomes Comment ""Off Market"" is you would like to be on our exclusive list of realtors or if you want a quote give the office a call at 818-588-3881. 💪💼💰 #realestate #hardworkpaysoff

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Discover the Blueprint to a Profitable Real Estate Career—Download Now! 🌟 Unlock the secrets to a profitable real estate career with our comprehensive blueprint! 📈 This detailed worksheet guides you step-by-step, ensuring you know exactly how to maximize your earnings. 🏡 At Your Home Sold Guaranteed Realty of Florida, our brand name not only stands out but also magnetically attracts your ideal customers, enhancing your ability to connect with the right sellers and buyers. 📞 Want to grow with a team that supports your ambitions? Reach out to explore career opportunities with us! 👉 Click 'Link Below in First Comment' to download your free blueprint and start building your profitable career today! #yhsgr #realestate #realtors

Our spotlight today is shining on the Florida Real Estate market. Are you ready for some sunshine and growth? 🏖️🏢 Here are the hot trends we're observing: 1️⃣ Increase in Foreign Investments: An uptick in international investors who are looking to diversify their portfolios with Florida properties. 🌎💼 2️⃣ Migration Surge: Many are moving to Florida for the sunshine state's tax benefits, low cost of living, and beautiful coastlines. 🌴 3️⃣ Commercial Real Estate Growth: E-commerce has sparked a demand for warehouse spaces and logistics centers. 📦 Actionable Insights: 🏡 Expand your international reach - Florida's appealing to foreign investors! 🚌 Prepare for an influx of new residents and the ensuing demand in the housing sector. 🏢 Tap into commercial real estate opportunities. With our strong network and experience in the Florida market, the Van Holland Group is ready to assist you in spotting great opportunities, connecting with the right partners, and making profitable decisions. Florida's real estate market is glowing like its sunshine let us guide you towards fantastic possibilities! www.vanhollandgroup.com/ #FloridaRealEstate #ForeignInvestments #MigrationSurge #CommercialGrowth #VanHollandGroup

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For agents adapting to evolving market dynamics, community is the cornerstone of success. In the ever-evolving real estate landscape, where technology and trends shape the industry’s trajectory, one aspect remains timeless: the importance of community. As top real estate agents navigate the intricacies of the US market, recent insights from Sarah Friar, CEO of Nextdoor, shed light on the pivotal role of neighborhood connections and community engagement. https://hubs.ly/Q02DH8Rx0 #RealEstate #CommunityEngagement #NeighborhoodConnections #RealEstateAgents #AuthenticMarketing #CommunityActivists #RealEstateTips

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The real estate paradigm is shifting. Commission structures are changing forever. Buyers will be in control of the market. Seeking Agents will be helping to make that happen. Time for agents to rethink their business plan. www.seekingagents.com #NAR #NARSettlement #HomeBuyerTips #HomeBuyerAdvice #HomeBuyers #RealEstate #RealEstateAgent #RealEstateTips

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Connect and follow our page for real-time updates, expert insights, and valuable resources. #MarketRealtyFL #CommercialRealEstate #MarketInsights #RealEstateTrends #StayConnected #FollowUs #CommercialRealEstate #CREExperts" #CommercialRealEstate #CREOpportunities #RealEstateInvesting #BuySellLeaseInvest #CREBroker #SouthFloridaCRE #PropertyInvestment #CREExperts #RealEstateSolutions#InvestInRealEstate #CommercialPropertySales #CREConsultants

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The industry is split on the Clear Cooperation Policy (CCP). NAR needs to take a decision on what Clear Cooperation should be, and work to unite the industry behind this vision. Read the Opportunity Report now to better understand the industry's leaders' perspectives and opportunities when it comes to organized real estate. Download your copy FREE: https://lnkd.in/eXptWQJk

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The 2024 NAR Member Profile is now available and reveals some interesting insights! 📊 Discover this fun fact and many more in the full report. Dive into the details now: https://lnkd.in/eTF2R-_G

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