Remove Market Value Remove Real Estate Agent Remove Reference Remove Valuation
article thumbnail

Savvy real estate agents look beyond ChatGPT

Housing Wire

Too many real estate agents are watching artificial intelligence (AI) from the sidelines, assuming technology will never replace them. They repeat the mantra “Home buyers and sellers will always need a real estate agent.” So how can real estate agents be so cavalier about their job?

article thumbnail

A Seller’s Market: What Does It Mean for Appraisers?

Appraisal Buzz

Difficulty Finding Comps You might have difficulty finding comparable properties to base your valuation on in a buyer’s market. If multiple offers come in, the parties can get into a bidding war, driving the price up beyond what the market typically sustains. One excellent resource is local real estate agents.

Appraisal 370
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

RESPA enforcement is back — are you ready?

Housing Wire

.” Kickbacks in a shrinking market A shrinking market, defined by high mortgage rates and low inventory levels , appears to have exacerbated the existing mortgage kickbacks problem, industry pros told HousingWire. That’s because real estate agents and loan officers are in survival mode and desperate to close new business.

article thumbnail

28 real estate circle prospecting ideas, tips, tools & scripts

Housing Wire

Geographic targeting The core idea of circle prospecting is geographic targeting, where real estate agents focus their marketing and outreach efforts on a specific neighborhood or area. This could be in the form of market updates, home maintenance tips, community news, or other helpful information.

article thumbnail

How to Price Your Home for the Current Market

Eppraisal

   Property Valuation Your home value is the primary determiner of your asking price. Search real estate listing sites to find suitable candidates. Then counterbalance the estimated price on those sites with the valuation seen on Eppraisal.com.

article thumbnail

That Zestimate is NOT Accurate

Lamacchia Realty

“The Zestimate® home valuation model is Zillow’s estimate of a home’s market value. A Zestimate incorporates public, MLS and user-submitted data into Zillow’s proprietary formula, also taking into account home facts, location and market trends. What exactly is a Zestimate?

article thumbnail

Square footage: Ask three professionals, get three different answers.

Padove Appraisal Service

The real estate agent you are working with tells you the house is 2,200 square feet. A real estate agent’s job is to market homes. Real estate agents are required by TREND to indicate the source of Interior Square Footage reported in their MLS listings. Who’s right?