Will Springer Realtor

APRIL 10, 2024

Recent news that the National Association of Realtors® (NAR) wishes to settle a series of lawsuits from home sellers has sent ripples through the real estate industry. Allegations of collusion to inflate compensation paid to both buyer and seller agents in transactions prompted this landmark settlement, estimated at a staggering $418M.

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Eppraisal

JANUARY 10, 2023

Buying a home is one of the most important financial and emotional transactions you will ever make. It is imperative to find a buyer's agent who will work hard for you, understanding both your desires and financial realities in securing the ideal home. Be sure your buyer's agent knows how to work in a balancing market.

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Eppraisal

MARCH 13, 2021

The real estate market is hot right now with pent-up buyer demand from 2020. According to the National Association of Realtors, the inventory of available homes on the market set a record at the end of 2020 as being the lowest since 1999. They work extra hard for the buyers they have an Exclusive Buyer Broker Agreement with.

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Eppraisal

DECEMBER 20, 2022

Whether you are a home buyer or seller, the real estate transaction can sometimes be tricky to navigate. Each step will get you closer to a successful home closing. Part 1 of our next two posts will dissect the real estate transaction from the buyer's perspective. Closing Finally, it's closing time.

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Eppraisal

OCTOBER 19, 2021

This is due to low interest rates, historically low inventory and more than usual buyers flocking to the market, thus, homes have been selling in record time. As a result, home values have been increasing. Buyers are offering sellers prices considerably above list price in many cases.

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Appraisal Contracts Sellers Home Value 66

Eppraisal

MARCH 15, 2022

When interviewing for a real estate agent to help you purchase a home, be sure to ask them what type of buyer representation they are going to provide to you. There are multiple types of buyer representation with differences in what they entail. Many states allow this type of dual buyer representation.

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Lamacchia Realty

DECEMBER 19, 2023

Single families: $517,863 (2022) | $553,935 (2023) Condominiums: $286,664 (2022) | $325,453 (2023) Homes Listed For Sale: T he number of homes listed is up by 5.7% 2023: 2,765 2022: 2,617 2021: 3,476 Pending Home Sales: The number of homes placed under contract is down by 5.2% What does this mean for Buyers ?

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Lamacchia Realty

DECEMBER 19, 2023

Single families: $663,821 (2022) | $697,656 (2023) Condominiums: $594,726 (2022) | $608,752 (2023) Multi-families: $621,874 (2022) | $658,276 (2023) Homes Listed For Sale: T he number of homes listed is down slightly by 0.69% when compared to November 2022. What does this mean for Sellers ? What’s next?

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Real Estate Sellers Buyers Realtors 63

Eppraisal

FEBRUARY 7, 2023

By contrast, a homebuilder acquires raw land to build on and sell when home values are high. Having a detailed survey prepared demonstrates a desire to deal honestly with buyers. Thus, you want to find common ground between your own financial needs and the buyer's financial goals.

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Development Sellers Legal Home Value 69

Eppraisal

JUNE 1, 2021

List your home for sale on the market one minute, and the next you're likely fielding offers. Gay Cororaton, the Research Economist for the National Association of Realtors states, "On average, there were four offers per home sold (closed) in February 2021." Home values are rising because of this.

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Real Estate Contracts Sellers Buyers 64

Eppraisal

FEBRUARY 17, 2023

There are two ways in which home values can be estimated by real estate professionals. The average consumer may not know the difference between the two, however, home buyers and sellers need to know. " All in all, a CMA is performed by a real estate agent for a home seller or a home buyer.

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Lamacchia Realty

DECEMBER 19, 2023

Single families: $549,922 (2022) | $559,251 (2023) Condominiums: $414,921 (2022) | $533,433 (2023) Multi-families: $501,629 (2022) | $469,320 (2023) Homes Listed For Sale: T he number of homes listed is up by 7.3% 2023: 1,321 2022: 1,231 2021: 1,530 Pending Home Sales: The number of homes placed under contract is up by 0.7%

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Real Estate Sellers Buyers Realtors 56

Eppraisal

JULY 12, 2022

Earnest money is the money a buyer offers to have deposited at contract time to show he is earnest or serious about purchasing the home. As home values have been rising, so have earnest money amounts. How Earnest Money Works When you submit an offer to purchase a home, part of the contract deals with earnest money.

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Eppraisal

DECEMBER 6, 2022

Yet it is another day at the office for realtors, lenders, attorneys and title agencies. An array of factors influences the home value, mortgage interest rate, fees and timing of these exchanges. In brief, recessions result in significant contraction of the workforce -- job losses are common during these downturns.

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Real Estate Marketing Home Value Realtors 69

Eppraisal

MAY 12, 2021

According to the National Association of Realtors (NAR) existing home sales are -3.7% This is a direct result of the historically low inventory of homes available for sale as buyers are competing for homes. Buyers are placing their best offers to get sellers to choose them. month-over-month.

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Sellers Real Estate Buyers Home Value 67

Housing Wire

OCTOBER 22, 2023

Currently, there are about 154,113 Realtors ® in Texas, according to the National Association of Realtors. You’ll also want a sponsoring real estate broker that offers administrative support, including inputting MLS information, helping with contract follow-up, and handling other office tasks. Texas Home Values” [link]

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Raleigh Realty

FEBRUARY 19, 2022

But before you do there's one last factor to consider: the home appraisal. Like making counter-offers and going through the home inspection process, the home appraisal can be a sticking point between buyer and seller. Here's what you need to know about home appraisals so that you come prepared. Not a cent more.

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Lamacchia Realty

FEBRUARY 21, 2023

Essentially, this means that half the time, Zillow’s home value estimates are within 7.49% of the actual value. If anything, this exemplifies the degree of variance between a Zestimate and actual value of the home – one that a trained REALTOR ® is most likely able to better evaluate!

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Eppraisal

APRIL 8, 2021

Home values are increasing as buyers are competing for homes. According to the National Association of Realtors (NAR), the inventory of homes is at it's lowest since 1999. There is so much pent-up buyer demand that homebuyers are in bidding wars and are offering considerably more than list price for homes.

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Hood Homes Blog

MAY 2, 2018

Call it “Zillow Derangement Syndrome” If you aren’t plugged into the real estate scene, go find your closest Realtor friend and just say “I love Zillow” Then I recommend running away very quickly. When Zillow launched onto the scene over a decade ago, it rattled Realtors. The buyers are on Zillow.

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Housing Wire

JANUARY 13, 2023

The nation’s single-family investment-property sector and the lenders serving those borrowers face some major challenges in 2023 as rent growth is slipping, vacancy rates growing, home-value growth faltering, and a possible recession looms. . We’re thinking about what the end buyer wants, which with us is an institutional fund.

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Lamacchia Realty

MARCH 28, 2023

Buyers – lowered mortgage rates increase your affordability ! There are also several mortgage products available to you such as buydowns and assumptions that can make buying a home more feasible in this market. However, the sooner you list your home, the more you will sell it for versus waiting a few more months.

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Lamacchia Realty

FEBRUARY 22, 2023

Nationally, the National Association of REALTORS® (NAR) reports that existing home sales are down 36.9% Increased rates reduce buyer affordability, especially with the price of everything else going up at the same time, so many buyers were forced to exit the market and haven’t been able to re-enter. million to 4.00

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Real Estate Sellers Contracts Buyers 70

Eppraisal

OCTOBER 2, 2021

The demand for homes has been and is still high, as eager buyers rush to new listings and submit offers quickly. Home prices continue to increase and sellers are reaping the rewards of quick sales. According to an article written by Danielle Hale on Realtor.com, "Homes continue to sell faster than a year ago."

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The Robert Weiler Company

SEPTEMBER 7, 2022

And undeveloped land is increasingly attractive for investors after favorable reports from the Ohio REALTORS®. Our land brokers anticipate steady demand from land buyers, other CRE investors, land developers, and tenants in Ohio, Central Ohio, and Columbus, Ohio. Homes sales reached 14,210 in May 2022, a 1.8% land market.

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Marketing Real Estate Investing Retail 78

Eppraisal

NOVEMBER 12, 2021

Selling your home can be profitable in today's seller's market as home values have risen significantly this year. What's taken many sellers by surprise this year, however, is that some homes haven't been appraising due to these higher sales prices. That's why neither you nor your buyer is the appraiser's client.

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Lamacchia Realty

MARCH 28, 2023

Sellers, right now is the best time to get your home on the market to sell it for more than you would in a few months. Inventory is low and there are serious buyers looking to purchase, but as more inventory inevitably becomes available as we head further into the year, buyers will have more options to choose from and your advantage is lost.

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Lamacchia Realty

MARCH 28, 2023

For buyers, lower mortgage rates increase affordability , and there are several mortgage products available, such as buydowns and assumptions , that can make buying a home more feasible in this market. Sellers should list their homes as soon as possible to get the most for their home! CONNECTICUT Home Sales Down 25.3%

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Chicagoland Appraisal Blog

JULY 13, 2017

You can employ his strategy which is to offer to make up any shortfall in the appraisal with cash from the buyer to pay the seller, go with a new lender, appeal the appraisal which hardly ever works unless there factual errors as suggested by Mr. Goldberg or might I suggest an ounce of prevention is worth a pound of cure as quoted by….

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Appraisal Marketing Realtors Real Estate 78

Eppraisal

NOVEMBER 23, 2021

The real estate market is still hot and there are currently more buyers than homes available for sale. So far in this year's fall real estate market, home values continue to rise. It hasn't been uncommon where homes haven't appraised for the prices on the real estate contracts this year.

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Lamacchia Realty

JUNE 10, 2022

Despite all of it competition is still strong, and buyers are still out there, but with average prices increasing also at historic rates since 2020 and with the cost increase of borrowing, a shift in the market is happening. Congratulations, frustrated home buyers ! That’s a great deal of extra money in your pocket.

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Marketing Sellers Buyers Inventory 62

Housing Wire

OCTOBER 9, 2023

How getting a real estate license in Illinois is different from other states While most states call the professional who represents a buyer or a seller of commercial or residential real estate a “real estate agent,” Illinois calls this individual a “real estate broker.” Number of Realtors in the USA by State | 2023” [link] ZipRecruiter.com.

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Real Estate Agent Real Estate Agents Brokerage 365

Listing Spark

FEBRUARY 27, 2024

of the home’s value on closing costs—putting the cost of doing business at $26,850 based on the median home value. A hefty 69% of that is for real estate commission fees alone, as the seller is traditionally responsible for paying the buyer’s agent (3%) and your agent (3%).

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Agents Tools Open Houses Sellers 36

Listing Spark

FEBRUARY 7, 2024

On the heels of the largest run up in home values in recorded history, we saw an abrupt and heavy shift that’s been challenging to grapple with for sellers and buyers. It was an inevitable end to arguably the greatest run-up in home values in history. Some markets were affected more than others. trillion in 2021.

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Real Estate Sellers Home Value Inventory 36

Housing Wire

NOVEMBER 30, 2023

You’ll also want a sponsoring real estate brokerage that offers administrative support, including inputting MLS information, helping with contract follow-up, and handling other office tasks. This average reflects the total for both the listing agent and the buyer’s agent. RE Consent to Service of Process Form” [link] Ohio Realtors.

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Real Estate Real Estate Agent Brokerage Agents 359

Appraisal Today

JUNE 23, 2023

From determining asset values for financial reporting to assisting with investment analysis, property disputes, tax planning, and mortgage financing, appraisers offer a wealth of knowledge and data that accountants can rely on for accurate and informed decision-making. The models aren’t able to think like buyers and sellers.

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Houston Properties

JANUARY 12, 2022

A study of 400,000+ Houston home sales over two decades shows five major investment themes that have worked very well for homeowners (even if they paid “high prices” at the time). This is more concerning now that 71% of Houston Realtors have sold less than 5 homes in their entire career. I’m A Buyer. Table of Contents.

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