Housing Wire

MAY 30, 2024

When I originated loans, there were a certain number of people that just didn’t need an agent — because the buyers and sellers knew each other in some fashion. But we are definitely supporting a market that already exists — they don’t use real estate agents anyway. BR: On the surface, it does appear that way.

Real Estate Agent 347

Real Estate Agent Real Estate Sellers Agents 347

Housing Wire

APRIL 8, 2024

With the Easter holiday last week, data for housing inventory , new listings and the pace of new contracts started all took a breather from their growth pace. As sellers gently re-enter the market, more home sales can happen and are happening. In other words, seller growth continues. That growth looks poised to continue.

Inventory 441

Inventory Contracts New Listings Sellers 441

Housing Wire

MARCH 22, 2024

These rising costs are understandably impacting the ability or willingness of some buyers to purchase specific properties. We are seeing contracts fall through during the due-diligence period because of the sticker shock on insurance costs, so that is definitely a problem.” Literally since Jan.

Insurance 363

Insurance Inventory Marketing Real Estate 363

Housing Wire

JULY 19, 2023

A typical commission dispute arises when, after signing a listing agreement or buyer-broker agreement: A seller-client “cancels” a valid purchase contract. A seller-client cancels a listing. A seller-client permits the property to be foreclosed upon.

Real Estate 286

Real Estate Legal Brokerage Clients 286

Listing Spark

FEBRUARY 6, 2023

Episode Summary In this episode, Aaron Jistel (Broker and Co-Founder at ListingSpark) focuses on how recent changes to Texas Real Estate Commission’s contracts and documents may affect home sellers and buyers. As a seller, this can help to ensure that buyers have the actual cash they are claiming they have.

Contracts 36

Contracts Real Estate Sellers Buyers 36

Housing Wire

MAY 21, 2024

Buying a home in a non-disclosure state, where sale prices are not available to the general public, presents a unique set of challenges and requires home buyers to be more proactive in gathering information. Work with a real estate professional with MLS access In non-disclosure states, the role of real estate agents becomes even more crucial.

Real Estate Agent 395

Real Estate Agent Real Estate Inspection Tools 395

Housing Wire

JANUARY 29, 2024

Homes in contract rises There are more homes in contract now than last year at this time. I think this trend is durable, but it’s definitely not a guarantee. Sales growth is not guaranteed This week there were 56,000 contracts started for single-family home purchases. So, this growth is fragile.

Contracts 390

Contracts Inventory Housing Market Mortgage 390

Housing Wire

SEPTEMBER 12, 2023

The point of the editorial seemed to be to scaremonger over government programs to help home buyers and student loan borrowers. Supply of homes for sale is very low, and most of the year we’ve had more buyers than sellers. New contracts dipped as affordability is out of reach for so many. That’s blatantly wrong.

Contracts 363

Contracts Inventory Housing Market Buyers 363

Appraisal Buzz

AUGUST 16, 2021

Fannie Mae defines market value in part as “the most probable price that a property should bring…” Thus, probability is the very foundation of the most common definition of market value. In other words, why are appraiser estimating market value below the contract price so often? But what offer will the seller accept $400,000.

Market Value 448

Market Value Buyers Appraisal Sellers 448

Housing Wire

JANUARY 10, 2024

SmartZip primarily benefits experienced listing agents, yet any agent willing to nurture seller leads can thrive with this platform. Armed with this data, agents can streamline their outreach efforts and focus on sellers who are ready for their services.

Real Estate 323

Real Estate Real Estate Agent Tools Agents 323

Housing Wire

AUGUST 1, 2023

Even as mortgage rates rose, and affordability was pushed out of reach for many potential homebuyers, there are still sufficient buyers who can afford these prices and these rates. The number of buyers has been surprising. or 8% range, then there is definitely downside risk for home prices. In 2022 there were 418,000.

Inventory 341

Inventory Contracts Buyers Mortgage 341

Housing Wire

OCTOBER 3, 2023

This is a dramatic and peculiar stance, given that same company a couple of years ago launched a $1 million annual advertising campaign touting a 1% listing fee, but only if the seller turned into a buyer for them. Meaning, they were counting on buyer agent compensation to pay their bills. How, then, will a buyer agent get paid?

Agents 368

Agents Buyers Training Law 368

Housing Wire

NOVEMBER 1, 2023

I have four more that I’m in negotiations on representing buyers, and in some cases, buyers who might be interested in multiple transactions, and I think I’ll know the results of those [talks] in the next couple of weeks.” So, the deals aren’t as attractive to sellers. …We’ll

Mortgage 431

Mortgage Loan Officers Finance Buyers 431

Housing Wire

NOVEMBER 2, 2023

The program is designed to help agents connect with buyers, improve their brand recognition and convert leads into clients. However, Market Leader may not be ideal for larger teams or those looking for more customization.

Real Estate 345

Real Estate Real Estate Agent Tools Agents 345

Movoto

MAY 29, 2024

During standard home sales, earnest money comes into play around the time a home goes under contract. In the following blog, we’ll touch on various elements of closing on a real estate deal , provide an earnest money definition, and explain how it works. What is Earnest Money? It thereby reduces the amount of the transaction.

Contracts 36

Contracts Sellers Buyers Real Estate 36

Housing Wire

MAY 23, 2023

This new development is being propelled by an alleged Fannie Mae “request” that, according to industry sources, was made recently of several lenders active as buyers in M&A deals. The seller continues to have an obligation to manage their company that they still own after an asset deal,” one industry source explained.

Buyers 338

Buyers Sellers Finance Contracts 338

Cleveland Appraisal Blog

MAY 13, 2021

Buyers have their view of how much they are willing to pay for a home. THE BUYER’S VIEW. However, most home buyers are looking for a place to live. . If the buyer is willing to purchase a home for a price that is much higher than other homes comparable homes are selling for, are they wrong for doing so? Not at all!

Market Value 298

Market Value Contracts Appraisal Buyers 298

Lamacchia Realty

MAY 6, 2024

Their job is to make sure the sale from the seller to the buyer happens within the confines of the law, while also looking out for your best interests. An attorney offers valuable protection and knowledge for you as a buyer. The attorney will advocate on your behalf as a buyer to include the most favorable terms to protect you.

Real Estate 70

Real Estate Legal Law Contracts 70

Housing Wire

APRIL 6, 2021

Linda (who asked that her real name not be used) beat out a dozen other prospective buyers in a bidding war by offering $445,000 and waiving all contingencies. With others waiting in line behind her, the seller wouldn’t budge on price. It was definitely a rush job! That’s common these days. Wow, since when?

Appraisal 539

Appraisal Reconsideration of Value Real Estate Agent Sellers 539

Listing Spark

DECEMBER 9, 2020

One of the most common questions we get from our home sellers at ListingSpark is “How do I determine what my closing costs are”? For this article, we are going to focus on the home seller closing costs we would typically see in Texas with a residential sale (commercial sales typically have a different set of fees).

Sellers 69

Sellers HOA Insurance Contracts 69

Housing Wire

SEPTEMBER 30, 2020

” Kanacki’s market, like many others, remains competitive as buyers continue to experience bidding wars amid historically low housing inventory and an uptick in home prices. “I 20, the National Association of Realtors said that contract signings were up 23% year over year. Over the last four weeks ending on Sept.

Real Estate Agent 546

Real Estate Agent Real Estate Agents Realtors 546

Housing Wire

MARCH 7, 2022

Absolutely, I will offer an NFT option to sellers within the next year,” said Richard Hopen, a Compass agent in Short Hills, New Jersey. The Gulfport seller, Heckler explained, created a limited liability company that held ownership of the home. Propy then guided the seller into minting the LLC as an NFT.

Real Estate 455

Real Estate Law Inspection Agents 455

McKissock

JULY 26, 2022

As a buyer agent , it is your job to be the voice of reason, the buffer, and sometimes the peacemaker. Here are some tips on how to make the real estate transaction process as smooth as possible for you and your buyer clients. Requests to sellers to pay closing costs. Competing with other buyers. Making an offer.

Real Estate 81

Real Estate Counter Offer Buyers Inspection 81

McKissock

MAY 11, 2022

Before you log too many hours chauffeuring buyers from property to property, make sure they’re truly motivated to navigate the challenges of a hot sellers’ market —from competing with other buyers to committing to contracts that favor the seller. So it’s definitely not a sure thing.

Real Estate 77

Real Estate Clients Marketing Buyers 77

Housing Wire

DECEMBER 27, 2023

When I was a title agent in Texas, there was a team of people opening new orders, verifying information, and sending out documentation that was needed for buyers and sellers,” Trimble said. I think the amount we use AI might fluctuate but it is definitely here to stay,” Bill Svoboda, the president and co-founder of Close Simple , said.

Technology 401

Technology Business Insurance Development 401

McKissock

DECEMBER 14, 2021

The standard residential appraisal report form’s definition of Market Value states in part: “ Implicit in this definition is the consummation of a sale as of a specified date and passing of title from seller to buyer under conditions whereby: buyer and seller are typically motivated…”.

Market Value 80

Market Value Marketing Property Appraisal Appraisal 80

Housing Wire

MARCH 1, 2023

Issuance of agency mortgage-backed securities (MBS) is projected to contract significantly over the next two years in the face of a housing-market contraction, but the actual supply of MBS available for purchase in the private market is expected to swell to record levels over that period. Who will buy these assets?

Marketing 351

Marketing Investing Mortgage Investors 351

Hank Miller Team

APRIL 6, 2022

The median time a home is on the market before contracting is 6 days. Over list prices were seen in mid-2021 and since Jan 2022 they are rising again, buyers expecting to score deals shouldn't waste time. Buyers have to embrace measured risk right now. Low but it was running around 5 days in mid-2021.

Inventory 94

Inventory Contracts Buyers Sellers 94

Lamacchia Realty

JULY 6, 2022

People will often see “broom clean condition” on real estate contracts and rental leases but are unsure about what it means. What “Broom Clean” Means for Sellers. It is definitely expected that you take everything with you though. Don’t leave anything behind for the next buyers to have to deal with. Buyer Resources.

Landlords 59

Landlords Tenants Decorating Contracts 59

Lamacchia Realty

DECEMBER 18, 2023

To the everyday buyer and seller , they may not think there is much of a difference between the two. By definition, a real estate agent is a sales professional licensed by their state to assist clients in buying, selling, or leasing properties. 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

Listing Spark

NOVEMBER 11, 2022

You are technically a For Sale By Owner seller (FSBO). There are some sites, like the FSBO section of Zillow, geared to FSBO sellers that you can use to market your home. In order to get the most exposure and the most potential buyers, your goal should be to get on as many sites as possible. Down payment amount.

Realtors 36

Realtors Contracts HOA Sellers 36

Housing Wire

APRIL 19, 2021

He also wanted to eliminate investor properties and second homes , to lower loan limits, to only permit loans that meet the CFPB QM rule definition and much more. This leveling of the playing field as codified now in the contract that holds these companies is one that many have advocated for over multiple years.

Mortgage 492

Mortgage Government Investors Marketing 492

Birmingham Appraisal

SEPTEMBER 26, 2023

The market area that the property is located in can definatley support the price but does the price truely reflect the market value of that specific property or does it reflect what a super motivated buyer with available funds is willing to pay? For sellers, this can be appealing, as it may justify a higher asking price.

Real Estate Agent 89

Real Estate Agent Real Estate Clients Agents 89

The Robert Weiler Company

SEPTEMBER 19, 2022

Answering this question requires step-by-step unpackaging, starting with definitional awareness, and continuing with tax advantages, regulations, and conservation easement appraisal value. A simple conservation easement definition is a legal contract to protect private land, permanently. What Is a Conservation Easement in Ohio?

Easement 148

Easement Legal Government Contracts 148

Appraisal Today

JULY 1, 2023

Market Value By Timothy Andersen, MAI Excerpts: There are numerous definitions of market value. For purposes of this monograph, please assume the standard Fannie Mae definition (here by reference). It began with a summary of the definitions of highest and best use versus the definition of market value. percent from 6.73

Appraisal 85

Appraisal Contracts Market Value Mortgage 85

Lamacchia Realty

JULY 22, 2022

Highlighted in this report are the average sale prices for single-family, condominiums, and multi-family homes in Massachusetts along with the number of homes listed for sale, placed under contract, and price adjustments. Pending Home Sales (contracts accepted). The number of homes placed under contract declined 13.7%

Sellers 73

Sellers Buyers Inventory Contracts 73

Housing Wire

APRIL 20, 2022

Just how we do contracts now is so much faster. The back end systems, when we are listing something or putting something under contract, it is all just very seamless. It has definitely helped grow our industry.”. We did have faxes, it wasn’t the beginning of time, but everything is almost instantaneous now.”.

Real Estate Agent 371

Real Estate Agent Real Estate Agents Brokerage 371