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Michael Gersitz

Michael Gersitz

City of North Tonawanda Real Estate Agent

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External Articles

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How modernized servicing creates customers for life

The modernization of mortgage originations in recent years has made customers expect a smart, push-button experience. Now it’s finally time to deliver this experience in servicing, and the timing has never been more urgent.  The CARES Act policy response to

Michael Gersitz March 13, 2021 External Articles Read more

Real Estate Exchange files antitrust suit against Zillow, NAR

Real Estate Exchange (REX) filed an antitrust lawsuit Tuesday in federal court against Zillow, accusing the company of anticompetitive behavior related to showing certain homes on its platform. Trulia and the National Association of Realtors are also named in the

Michael Gersitz March 13, 2021 External Articles Read more

Real Estate Exchange files antitrust suit against Zillow, NAR

Real Estate Exchange (REX) filed an antitrust lawsuit Tuesday in federal court against Zillow, accusing the company of anticompetitive behavior related to showing certain homes on its platform. Trulia and the National Association of Realtors are also named in the

Michael Gersitz March 13, 2021 External Articles Read more

CFPB reverses course on UDAAP enforcement

Under former Director Richard Cordray, the Consumer Financial Protection Bureau took frequent action against companies who had violated its Unfair, Deceptive, and Abusive Acts and Practices standards. But many in the financial services industry complained that the standards were ambiguous

Michael Gersitz March 13, 2021 External Articles Read more

The immeasurable impact of women’s mentorship

Ask a roomful of accomplished business leaders the secrets to their success, and faces will light up as they tell you about the mentors who gave them confidence, the role models who showed them how it was done, the sponsors

Michael Gersitz March 13, 2021 External Articles Read more

The immeasurable impact of women’s mentorship

Ask a roomful of accomplished business leaders the secrets to their success, and faces will light up as they tell you about the mentors who gave them confidence, the role models who showed them how it was done, the sponsors

Michael Gersitz March 13, 2021 External Articles Read more

The least affordable cities for first-time homebuyers

Are you a first-time homebuyer? Buying a home for the first time can be a daunting task. Besides having to shop the market for your dream house, you also have to throw down a huge chunk of change once you

Michael Gersitz March 13, 2021 External Articles Read more

The least affordable cities for first-time homebuyers

Are you a first-time homebuyer? Buying a home for the first time can be a daunting task. Besides having to shop the market for your dream house, you also have to throw down a huge chunk of change once you

Michael Gersitz March 13, 2021 External Articles Read more

Finance of America unveils hybrid reverse mortgage product

Finance of America Reverse will soon debut a hybrid product that combines elements of a reverse mortgage with a forward mortgage. The lender says it’s an innovative approach to servicing borrowers who are in retirement age but don’t qualify or

Michael Gersitz March 13, 2021 External Articles Read more

Finance of America unveils hybrid reverse mortgage product

Finance of America Reverse will soon debut a hybrid product that combines elements of a reverse mortgage with a forward mortgage. The lender says it’s an innovative approach to servicing borrowers who are in retirement age but don’t qualify or

Michael Gersitz March 13, 2021 External Articles Read more

HomeSmart snares prominent Atlanta brokerage

Growing real estate brokerage firm HomeSmart announced Wednesday that it bought PalmerHouse Properties, an Atlanta-headquartered brokerage that has about 2,000 agents. Reached Thursday, HomeSmart President Ashley Bowers declined to say what the company paid for PalmerHouse. PalmerHouse racked up $3.1

Michael Gersitz March 13, 2021 External Articles Read more

What is the end goal of tech disruption?

Innovators have made self-driving cars a reality, and yet finding a tech solution that prioritizes anyone beyond the perfect borrower is hard to find? This striking contrast between what is possible with tech disruption and innovation and what is actually happening

Michael Gersitz March 13, 2021 External Articles Read more

How to Make Your Home Stand Out During a Virtual House Tour

The real estate industry has been shifting to a digital landscape over the years, but no one expected the digital revolution to happen so quickly. In 2020, 63% of homebuyers across the US housing market made an offer on a

News Bot March 13, 2021 External Articles Read more

What is the end goal of tech disruption?

Innovators have made self-driving cars a reality, and yet finding a tech solution that prioritizes anyone beyond the perfect borrower is hard to find? This striking contrast between what is possible with tech disruption and innovation and what is actually happening

Michael Gersitz March 13, 2021 External Articles Read more

What is Earnest Money and Why Do You Need It?

As you close in on making an offer on a home, your real estate agent – or the seller’s agent – will ask about “earnest money.” Earnest money is a type of security deposit, also known as a “good faith”

News Bot March 13, 2021 External Articles Read more

HomeSmart snares prominent Atlanta brokerage

Growing real estate brokerage firm HomeSmart announced Wednesday that it bought PalmerHouse Properties, an Atlanta-headquartered brokerage that has about 2,000 agents. Reached Thursday, HomeSmart President Ashley Bowers declined to say what the company paid for PalmerHouse. PalmerHouse racked up $3.1

Michael Gersitz March 13, 2021 External Articles Read more

Better.com to hire thousands from Google program

Better.com is continuing to grow its head count in the midst of the pandemic, announcing Thursday that it will be adding at least 2,000 Google Career Certificate graduates in the next three years. The hiring initiative will be through Better.com’s

Michael Gersitz March 13, 2021 External Articles Read more

Industry welcomes Marcia Fudge as HUD Secretary

Marcia Fudge was confirmed by the Senate on Wednesday as Housing and Urban Development (HUD) Secretary by a vote of 64-33, making her the first Black woman to lead the government agency in more than 40 years. Fudge was first

Michael Gersitz March 11, 2021 External Articles Read more

Fannie Mae tightens standards on investment properties

Fannie Mae is tightening the underwriting criteria for second homes and investment properties, the government sponsored entity said in a letter to sellers on Wednesday. “Recent amendments to our senior preferred stock purchase agreement with Treasury impose additional risk criteria

Michael Gersitz March 11, 2021 External Articles Read more

Qualia courts proptech firms with title, escrow offering

Digital closing platform Qualia announced Wednesday the release of “Qualia Scale,” a software program that allows proptech companies to attach title & escrow to their core offerings. It’s the second proptech offering created by Qualia. The first, Partner API, is

Michael Gersitz March 11, 2021 External Articles Read more

Mainspring releases SaaS platform for title and escrow

Title and escrow software company Mainspring Services announced the release of “titleLOOK,” a software-as-a-service platform that streamlines the title production process. According to Mainspring, the service addresses a major headache for lenders, underwriters and consumers. It’s the first SaaS platform

Michael Gersitz March 11, 2021 External Articles Read more

6 Benefits of a Pre-Listing Home Inspection

A lot of work goes into preparing a home for sale, from basic property improvements to making sure every room looks perfect for upcoming open houses and home tours. However, there’s one big step many sellers overlook: a pre-listing home

News Bot March 11, 2021 External Articles Read more

Community lenders will thrive in 2021’s purchase market

In the last decade, community lenders—those credit unions, community banks, and independent mortgage banks who serve their local markets—have grown to own the market. Now, with 2021 leaning back to purchase-driven volume, they are positioned to accelerate that market dominance.

Michael Gersitz March 11, 2021 External Articles Read more

Vacation towns, suburbs see housing markets boom

It has been roughly a year since the COVID-19 pandemic began in the United States, and more people than ever are buying residential real estate in vacation housing markets, per a report from Redfin. In a study of counties that

Michael Gersitz March 11, 2021 External Articles Read more
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About Me

I am a Real Estate Agent based out of Tonawanda, licensed to buy, sell and lease real estate in New York State! Give me a call, it might be the best decision you ever make!


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