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How to Become a Real Estate Agent in Illinois (IL) in 5 Steps

Housing Wire

If you’re interested in becoming a real estate agent in Illinois, you’ll be happy to hear that the path to getting your real estate license in the Prairie State doesn’t require as much of a time commitment as other states. 1] As a real estate broker in Illinois, it is not legal for you to work independently.

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Why the US MLS system is the envy of other countries

Housing Wire

As an Irish immigrant to the United States in 1996 who became a real estate broker in 2000, I can tell you this: The U.S. That kind of drawn-out timetable is typical for the majority of western nations that use the auctioneer system where a seller works with one, perhaps two, auctioneers. fee to the seller.

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Working with buyers in the nation’s hottest housing market

Housing Wire

Rapidly accelerating home prices come with a variety of challenges for lenders and real estate agents, including one of the biggest pain points right now — the appraisal gap. I haven’t seen anything like this here, and I’ve been doing this since 2000,” Richardson said. It is just a super tight housing market.

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Non-Arms Length Sales for Appraisers

Appraisal Today

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?

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NAR: Appraisal License Equivalency Credit for RE Agents?

Appraisal Today

Excerpts from the letter: … including, but not limited to, experience in real estate market analysis and real estate brokerage, including: • Evaluating and pricing residential real estate. Counseling buyers, sellers, owners, and tenants about listing and offering prices, and market rent.

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Weird Real Estate Agent Photos for Appraisers

Appraisal Today

57 Weird Real Estate Agent Photos. Excerpt: Yes, many great real estate photos really capture the house. More Terrible Real Estate Agent Photos for Appraisers. But is it because sellers are rushing to list their homes? This is actually about fewer buyers getting into contract.

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Strange Properties Appraisers Have Seen

Appraisal Today

Speaking of surprises, a recent Zillow analysis finds most states don’t require sellers to disclose paranormal activity in the home they’re selling. I became well-known among appraisers, real estate agents, and others. percent – the highest since 2000. There are few appraisers here. percent from 7.70