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Why Compass, @properties and technology startups are diving into br For brokerages, alternate loans are a method to beat money offers and iBuyers
Domestic agents are uniquely placed to help purchasers that are into the in-between phase (Credit: iStock)
When the gatekeepers to product product sales listings, real estate professionals are increasingly right in front of some other key facet of the home-buying procedure: the funding.
A number of residential brokerages have launched bridge loan programs that let clients borrow money to pay for a new home before they sell their old one to help clients increase their purchasing power. The programs are a way for firms to distinguish themselves from the competition — which is increasingly coming in the form of instant home buyers, who make instant cash offers to purchase homes in addition to boosting sales. Continue reading