Hank Miller Team

JANUARY 16, 2023

As 2023 opens, the economic hangover due to the free spending and pandemic handouts continue. One of the craziest segments of the last two years was real estate. Prices and inventory of course, but the massive influx of "hobby agents" over this period was a lesser covered negative result.

Real Estate Agent 98

Real Estate Agent Real Estate Agents Sellers 98

Housing Wire

FEBRUARY 28, 2024

As brokerages across the country have begun implementing buyer agency contracts into their business practices in the wake of the Sitzer/Burnett commission lawsuit verdict, the Consumer Federation of America is warning consumers that they may be filled with “unfair provisions” that primarily protect agents and brokers.

Buyers 344

Buyers Contracts Agents Realtors 344

Housing Wire

APRIL 5, 2024

the court “will not interpret a contract to cede a sovereign right of the United States unless the government waives that right unmistakably. By context, I mean the rest of the contract’s text. Walker concludes by writing that the DOJ “bargained for a binding contract.” In late January 2023 , Judge Timothy Kelly of the U.S.

Realtors 536

Realtors Contracts Government Real Estate 536

Housing Wire

FEBRUARY 16, 2024

The modified rule still gives sellers and their listing brokers a role in setting compensation for buyers’ brokers,” the filing states. According to the DOJ, when a seller makes an offer of compensation to the buyer broker, the buyer broker does not need to compete on their compensation price in order to attract clients.

Sellers 422

Sellers Buyers Real Estate Contracts 422

Housing Wire

MAY 1, 2024

While Zillow’s net loss of $23 million for the quarter, which was up from its net loss of $22 million in Q1 2023, did not necessarily reflect Barton’s confidence, the firm’s 13% annual increase in revenue to $529 million did. million real estate license holders, many handle only one or two transactions a year.

Agents 335

Agents Real Estate Contracts Real Estate Agent 335

Housing Wire

FEBRUARY 22, 2024

When the Department of Justice (DOJ) revealed last week the changes it would like to see in how real estate agents and brokers are compensated through its statement of interest filed in the MLS Property Information Network commission lawsuit , few in the real estate industry were surprised by the agency’s desire to decouple commissions.

Sellers 412

Sellers Buyers Real Estate Agents 412

Housing Wire

NOVEMBER 29, 2023

Additionally, Zurple’s automated pipeline management helps identify the most promising leads, notifying agents when they become hot leads. is a go-to for real estate agents aiming to boost their marketing with eye-catching postcards. ProspectsPLUS! Starting at $0.91

Real Estate 362

Real Estate Buyers Tools Real Estate Agent 362

Housing Wire

DECEMBER 27, 2022

The Big Chill” or “Frozen,” says Green, principal at real estate law firm Polunsky Beitel Green. The number of home listings dried up , contracts were canceled , the few buyers still out there demanded concessions , mortgage rates spiked to 7% and homebuilder sentiment hit rock bottom.

Housing Market 490

Housing Market Marketing Real Estate Agent Real Estate 490

Housing Wire

NOVEMBER 23, 2022

What helped Erica Davis, a loan originator at Guild Mortgage , in the current high-rate environment is a seller-funded temporary 2-1 rate buydown. In a high-rate environment, lenders call the temporary rate buydown a win-win strategy for both sellers and buyers when used appropriately. in the second year.

Buyers 463

Buyers Marketing Sellers Loan Officers 463

Housing Wire

NOVEMBER 16, 2023

Zillow’s 2023 Consumer Housing Trends Report finds that first-time buyers now make up 50% of all home buyers, up from 45% last year and a meaningful jump from 37% in 2021. Design and share infographics that provide valuable real estate tips or market statistics, making complex information easily digestible and shareable.

Real Estate 363

Real Estate Marketing Real Estate Agent Tools 363

Housing Wire

FEBRUARY 28, 2024

That’s a lot of pressure for one phone call and where most new real estate agents fail. PRO TIP: If you want scroll-stopping hooks and educational content like this without the writer’s block, check out the marketing company who wrote it: Coffee & Contracts. Visit Coffee & Contracts 3.

Real Estate 397

Real Estate Marketing Tools Contracts 397

Housing Wire

NOVEMBER 15, 2023

Ask the average real estate agent or broker in America if they believe the National Association of Realtors (NAR) and brokerages are likely to win the bombshell Sitzer/Burnett commission lawsuit case on appeal. But in the end, the people most affected by this legal limbo are the millions of agents and brokers themselves.

Realtors 367

Realtors Agents Real Estate Real Estate Agent 367

Housing Wire

JANUARY 3, 2024

Real estate agents are optimistic about the housing market and working to implement buyer agency agreement as we head into 2024, according to the RealTrends Q1 2024 AgentPulse survey. Better buyer and seller presentations to break down payment to a more granular level,” was one agent’s response.

Agents 332

Agents Realtors Clients Real Estate Agent 332

Housing Wire

DECEMBER 5, 2023

However, the DOJ, under new leadership in the Biden administration, withdrew the settlement in July 2021 , stating that the terms of the agreement prevent regulators from continuing to investigate certain association rules that they feel harm buyers and sellers. In late January 2023 , Judge Timothy J. Kelly of the U.S.

Real Estate Agent 333

Real Estate Agent Law Real Estate Agents 333

Housing Wire

MARCH 20, 2024

However, the company still makes the vast majority of its revenue – 75% in 2023 – from the services it provides brokers and agents in the for-sale residential market. We will continue to advocate for the best interests of consumers, which we believe also benefits agents and the industry as a whole.”

Investors 385

Investors Agents Real Estate Buyers 385

Appraisal Today

SEPTEMBER 15, 2023

NAR Appraiser Survey July, 2023 In July 2023, NAR Research conducted a survey of all 9,800 appraiser members and 50,000 randomly-selected residential-focused non-appraiser members. The survey results had a comparison of 2022 and 2023, which was very interesting. Updates to AIR and these FAQs were published in August 2023.

Appraisal 82

Appraisal Real Estate Agent Contracts Real Estate 82

Lamacchia Realty

FEBRUARY 14, 2024

ARE YOU A "WANT-TO-BE" SELLER IN 2024? From low inventory levels to increasing mortgage rates , the real estate landscape has experienced a multitude of changes and challenges over the last several years, leaving many sellers wondering when the “right” time to list would be given current market conditions.

Sellers 64

Sellers Realtors Buyers Inventory 64

Housing Wire

SEPTEMBER 23, 2022

HW Media : What do you think will be the big themes for the housing market in 2022-2023? As an industry, we keep revisiting the question of, “Will technology replace the agent?” Signs point to “no” — 92% of buyers and sellers chose to work with an agent in 2021. Katherine Mechling: A big one is moderation.

Real Estate Agent 340

Real Estate Agent Agents Real Estate Realtors 340

Housing Wire

DECEMBER 1, 2022

Following dampened activity from buyers, sellers provided increased concessions, such as temporary rate buydowns or paying closing costs to complete sales, the report noted. million in 2023 from 5.67 With homes now taking longer to sell, many sellers have taken their homes off the market. trillion from $2.34

Housing Market 313

Housing Market Marketing Construction Inventory 313

Lamacchia Realty

MAY 6, 2024

WHY YOU NEED A REAL ESTATE ATTORNEY WHEN BUYING A HOME When buying a home, you might wonder, “Do I need a real estate attorney, or is my real estate agent enough?” Before we dive into the details, let’s talk about what services a real estate attorney can provide.

Real Estate 70

Real Estate Legal Law Contracts 70

Housing Wire

NOVEMBER 30, 2023

Brimming with coursework that is up to date with current trends, expect to receive insight on issues facing Ohio real estate agents today. From agency relationships to local government regulations and more, every topic is inspired by the property types and types of transactions you’ll encounter as an Ohio real estate agent.

Real Estate 367

Real Estate Real Estate Agent Law Inspection 367

Appraisal Today

APRIL 2, 2023

What Do Appraisers Look For in a Sales Contract? Why must an appraiser be given a copy of the sales contract? That’s the real reason why—because USPAP says so. Timeline 2023-2024. Richardson, a real estate agent, attorney, and co-founder of Richardson, Ober, DeNichilo.

Contracts 52

Contracts Appraisal HOA Architecture 52

Housing Wire

NOVEMBER 3, 2023

But, there are steps that both brokers and agents can take to minimize the damage of a worst-case scenario. District Court in Western Missouri granted Anywhere’s motion to continue on December 13 and said the court would choose a new trial date “in late 2023,” but an exact timeline was not provided, as previously reported by Han.

Real Estate 291

Real Estate Brokerage Buyers Property Management 291

Housing Wire

JANUARY 19, 2023

Available home inventory has remained low since the previous Federal Reserve Beige Book report, which was released in November 2022, as many sellers decided not to list — affecting the New York and Boston districts in particular. Brokers noted that the softer market is (slowly) shifting back toward a balance between buyer and seller.

Inventory 375

Inventory Housing Market Marketing Construction 375

Listing Spark

OCTOBER 9, 2023

Are you considering selling your home without the assistance of a real estate agent? In this blog post, we’ll explore the typical experience of a For Sale By Owner seller and provide insights into what you can expect when listing your property. Buyers appreciate proactive and attentive sellers.

Real Estate Agent 36

Real Estate Agent Legal Real Estate Agents 36

Lamacchia Realty

DECEMBER 18, 2023

AGENT VS. REALTOR: WHY THE DIFFERENCE MATTERS Often, we hear the terms “real estate agent” and “REALTOR ®” being used synonymously. To the everyday buyer and seller , they may not think there is much of a difference between the two. There are over 1,000 local NAR associations and boards, spanning all 50 U.S.

Realtors 68

Realtors Agents Real Estate Agent Real Estate 68

Housing Wire

OCTOBER 16, 2023

In August, Zillow ‘s 2023 Consumer Housing Trends Report proclaimed that half of all homebuyers are purchasing their first home, the highest share that Zillow has ever recorded. Not to mention the current mortgage rates at decades-high levels as well as sellers who are locked in with pandemic low rates. It never will be.

Agents 383

Agents Buyers Sellers Inventory 383

Housing Wire

NOVEMBER 30, 2023

If you’re looking for the best real estate schools in Illinois to complete the required 75 hours of class time you’ll need to get a broker’s license, we’re here to help. In Illinois, real estate agents are called brokers. out of 5 stars Rating: 4.5 out of 5. out of 5 stars Rating: 4.5

Real Estate 382

Real Estate Realtors Real Estate Agent Law 382

GoForrmz

OCTOBER 26, 2022

Now as 2022 starts to wind down, a lot of people are trying to forecast how the housing market will turn out in 2023. Real estate pros can make their best predictions, but no one knows what will happen with 100% accuracy. Email Automation Real estate agents can now use email automation to take tedious tasks off their plates.

Real Estate 78

Real Estate Contracts Clients Real Estate Agent 78

Appraisal Today

APRIL 26, 2024

What Does Arm’s Length Mean in Real Estate? The 7 Sale Types Explained Excerpts: An arm’s length sale – a sale in which the buyers and sellers act independently and in their own self-interest is the most common type of real estate transaction. What should appraisers look for in a sales contract?

Appraisal 76

Appraisal Real Estate Real Estate Agent Contracts 76

Listing Spark

AUGUST 23, 2023

In Dallas, the median home price in Q1 of 2023 was $372,400; the Austin market saw median house prices reach $467,900 at the same time. If you’re a typical home seller offering a 3% commission to your listing agent, that’s a median cost of $11,172 or $14,037, respectively.

Real Estate Agent 36

Real Estate Agent Sellers Real Estate Agents 36

Appraisal Today

JUNE 2, 2023

Solutions to Keep You Safe Make sure you have a complete signed purchase contract. In the appraisal, list how many pages of the contract you have in your possession (In case someone is hiding pages from you). To read more click here My comments: Some good tips on how real estate agents try to deal with this.

Appraisal 52

Appraisal Contracts Real Estate Agent Sellers 52

Listing Spark

JULY 21, 2023

A popular consideration is getting a real estate license. After all, you can then search for homes on the MLS, negotiate contracts without a real estate agent (or expensive commission), and then list it back on the MLS. While this can help savvy real estate investors, it can also be a costly overstep.

Real Estate 36

Real Estate Real Estate Agent Agents Investors 36

Housing Wire

AUGUST 23, 2023

” Better is partnering with other businesses to offer services such as homeowner’s insurance and to provide access to a network of real estate agents, rather than offering these products and services directly to borrowers. The change resulted in Better’s exit from its real estate business.

Realtors 350

Realtors Technology Insurance Mortgage 350

Appraisal Today

AUGUST 25, 2023

NOTE: Please scroll down to read the other topics in this long blog post on non lender appraisals, MLS hacked, appraisers and real estate agents, Humor, unusual homes, mortgage origination == Massive Missouri Lake Winnebago House for $12.6M Excerpts: The 16,814-square-foot home sits on a more-than-third-acre, lakeside lot.

Appraisal 76

Appraisal Real Estate Agent Agents Real Estate 76

Listing Spark

DECEMBER 6, 2023

For one, you’re not required to have a lawyer present during a home real estate transaction. In fact, homeowners can sell their homes without even hiring a real estate agent. The typical real estate agent fee in Texas is 3%—for each agent. Let’s get technical for a second.

Realtors 36

Realtors Real Estate Agent Real Estate Agents 36

Birmingham Appraisal

FEBRUARY 13, 2024

Final Insights on Housing Statistics for Real Estate Agents We are in the last part of my Housing Statistics for Beginners series and I want to thank you for following along. The charts below have been provided by Redfin , a national real estate brokerage. Of course, not all pending sales are the same.

Real Estate 61

Real Estate Buyers Inventory Appraisal 61