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Zillow believes the evolution of the industry will only help it grow

Housing Wire

According to Barton, the “substance of the settlement” is a “very reasonable middle path forward for the industry, where commissions are communicated between sellers and buyers and both parties are better educated.” Barton also touched upon the terms of NAR’s settlement agreement.

Agents 357
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Top 8 Must-Read Negotiation Books for Real Estate Agents

McKissock

To help you out, we’ve put together a list of the eight best negotiation books for real estate agents. Top 8 Books to Sharpen Your Negotiation Skills. In this book, David Sally delivers the proven, clear, actionable insights you need to stay competitive in an ever-changing marketplace. By David Sally. By Chris Voss and Tahl Raz.

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Opendoor delivers profitability, buys 2,680 homes in Q2

Housing Wire

“As of quarter end, 99% of the homes we made offers on between March and June of last year were sold or under resale contract and our new book of inventory is generating positive unit economics in what continues to be an uncertain time in the U.S. housing market,” Wheeler said.

Inventory 339
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Redfin: Selling your home? List it midweek

Housing Wire

That’s especially important during the pandemic, when it’s more likely that buyers and their agents are required to book individual appointments to tour homes, she said. “Sellers shouldn’t overprice their homes, even if most homes in their area are selling for higher than their asking price,” she said.

Sellers 404
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What Do Appraisers Look For in a Sales Contract?

Appraisal Today

What Do Appraisers Look For in a Sales Contract? Why must an appraiser be given a copy of the sales contract? Secondly, the appraiser is likely familiar with the local real estate contract forms, customary terms, and conditions of real estate transactions in the area, and might be able to identify irregularities and comment on them.

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An Inside Look at the VA Loan Process

Realtor

It also shows home sellers and listing agents that you’re a strong home-buying candidate. Getting under contract Signing a contract to purchase a home comes next. VA appraisal Once a veteran is under contract, their lending team will order an appraisal, which is conducted by an independent VA appraiser.

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Secondary mortgage market adjusts to higher-for-longer rates 

Housing Wire

Ben Hunsaker, a Beach Point Capital Management portfolio manager who is focused on securitized credit, said that during the past year, nonqualified mortgage (non-QM) AAA bond spreads have actually contracted from 155 to 135, while agency mortgage-backed securities (MBS) spreads have widened from about 118 to 134 over the same period.

Marketing 385