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Controversy Around Federal Rule that Lowers fees for Low Credit Score Homebuyers

A new Federal Rule from the Federal Housing Finance Agency (FHFA) is set to take effect on May 1. In an effort to increase home affordability, they are making changes to the Loan-Level Price Adjustment (LLPA) matrix. The controversy is how these changes might affect borrowers with good credit, and a reasonable down payment. Borrowers with good credit could pay up to $40 more per month on a $400,000 home with the new pricing adjustments, whereas borrowers with low credit would likely have a lower monthly payment under this rule. When the rule is spun to the extremes, it can [...]

Controversy Around Federal Rule that Lowers fees for Low Credit Score Homebuyers2023-04-26T12:04:29-06:00

Utah Works to Provide Affordable Housing

Members of the Utah Association of Realtors® and Utah Lawmakers are working to increase the number of affordable housing options that we have here in the state of Utah.Anyone who has been buying or selling a home in Utah over the last several years has seen unprecedented markets where demand drove prices higher than we have ever seen, which has been a great boon to property owners as they saw their equity and value in their homes and investments soar. There is a downside, however, and that is the shrinking number of homes that would be considered affordable for first time [...]

Utah Works to Provide Affordable Housing2023-01-06T12:06:00-07:00

4 Tips to Raise Your House’s Value Before Selling it

As your life changes, the home you currently live in might stop meeting your needs. Instead of staying in a home that you aren’t happy with, you need to sell it. The main goal you should have when selling your home is to get the maximum amount of money for it. Over 6 million homes are sold in the United States every year. If you are on the verge of putting your home on the market, now is the time to figure out how to make it more valuable. Here are some things you can do to add value to [...]

4 Tips to Raise Your House’s Value Before Selling it2022-11-15T13:15:57-07:00

The Top 3 Ways to Market Yourself As a Real Estate Agent

Real estate marketing today requires you and your business to have an online presence. Most consumers search online for homes long before contacting a real estate agent. They spend hours looking at pictures of homes, their layout, features, price, and location. An online presence is vital to a real estate professional’s marketing strategy.    Before we continue with the top three ways to market yourself as a real estate agent, we offer some advice on mobile-friendly marketing, and the importance of owning the copyright of images you use. Mobile-friendly. Whatever your online presence, it must be mobile-friendly. Statistics show that more [...]

The Top 3 Ways to Market Yourself As a Real Estate Agent2022-06-15T05:04:05-06:00

Things to Know Before you Become a Real Estate Agent

There is no secret to the topic of what to know about being a real estate agent. Your success depends on you, how well you plan, and how you set yourself apart. The reality, especially in residential real estate, is that you might have to work weekends. Be fearless; a career in real estate is rewarding.  You Decide How Successful You Are   One of the questions to ask about a real estate career is how successful do I want to be? But what is success for you? Is it just financial, to sell as many properties as possible? Is [...]

Things to Know Before you Become a Real Estate Agent2022-06-15T05:00:02-06:00

5 Skills Every Real Estate Agent Should Have

Real estate skills must be varied, as agents work with people, finances, and art, such as interior design and architecture. To stand out in the competitive real estate industry, here are five skills every real estate agent should have.      Communication Skills  What makes a good realtor? In a report by the National Association of REALTORS®, 86% of dual specialist respondents indicated that superior communication capabilities are one of the most foremost skills for residential real estate agents. The communication skills of real estate professionals is more developed as they work with diverse clients. Clients use various communication tools such as [...]

5 Skills Every Real Estate Agent Should Have2022-06-15T04:56:24-06:00

3 Things That a Real Estate Agent Should Never Do

When you start out as a real estate agent, you will hear about numerous things that you should do to make a success of your new career: communicate effectively, invest in good marketing, etc. However, many experienced agents will also talk about the mistakes they have made that should be avoided at all costs. There are many pitfalls that you should steer clear of, but let’s take a look at three of the most common real estate agent mistakes that can adversely affect your chances of success. Expect Immediate Results After you receive your license, you will undoubtedly be raring [...]

3 Things That a Real Estate Agent Should Never Do2022-07-07T19:10:15-06:00

4 Reasons Why you should Become a Real Estate Agent

Are you about to finish high school or college and still unsure about where to start your career? Perhaps you have been working for many years but feel it is time to change careers. Either way, you may want to consider a move into real estate. “Why become a real estate agent?” you ask. For starters, it is open to anybody over the age of 18 with a high school education. That is all you need to get in at the entry-level. Once you are licensed, you can create a gratifying career with the potential for enormous flexibility and excellent [...]

4 Reasons Why you should Become a Real Estate Agent2022-06-17T06:58:17-06:00

How to Become a Real Estate Agent in 5 Simple Steps

Are you thinking of entering the real estate industry? It is a smart move. As a successful real estate agent, you can control your work schedule, generate an excellent income and get involved in the exciting developments that are always happening in the property industry. As for how to become a real estate agent, it only takes five simple steps. Note that these steps are simple, but not necessarily easy. They will require a great deal of hard work on your part. However, just take them one step at a time, and you can be a licensed real estate agent [...]

How to Become a Real Estate Agent in 5 Simple Steps2022-06-17T06:56:39-06:00

America’s Housing Market is Overheating: What Does This Mean?

The U.S housing market has been sizzling away for some time now, defying the odds against a backdrop of global pandemic conditions, and it's showing no signs of significantly slowing down. With appreciation figures regularly reaching double digits and buyers often caught up in fierce bidding wars, there is no shortage of action. So what does it all mean moving forwards? Photo by Ian MacDonald on UnsplashIs it a bubble that's destined to burst?According to the National Association of Realtors, existing home values catapulted to a record 17.2 percent between March 2020 and March 2021. While this climb overtook the appreciation pace of [...]

America’s Housing Market is Overheating: What Does This Mean?2022-03-11T11:50:52-07:00