Remove 2009 Remove Clients Remove Contracts Remove Inventory
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Working with Millennials: Q&A with Mike McElroy

McKissock

After working for a time at a Chicago radio station, he got his first real estate job in 2009. His approach to the client relationship centers around education, trust, proactive communication, market knowledge, aggressive facilitation of the transaction—and the use of cutting-edge technology. So he started his own brokerage. .”

Clients 96
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Good Service Is Sustainable

Appraisal Buzz

The company—was established “to provide portfolio managers with reliable and high-quality outsourcing services to manage their REO assets”—launched just before the 2007-2008 financial crisis, a time when REO inventories were abundant as the nation navigated wide-spread foreclosures, bank collapses, and economic strife.

Training 221
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Too many appraisers?

Appraisal Today

Recall the five forces of friction: practices, standards, education, regulation, and client expectation. Communicating with non-lender clients: Very, very different than lenders. The hangar was built in 2009, and the home was completed in 2014. This blog considers how each friction will respond to this “excess” of appraisers.

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Appraisals – Check the Water Source!

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on real estate market, USPAP and contracts, unusual homes, mortgage origination stats, etc. ==. Include graphs and charts in your appraisal to show your clients what is happening now and why they need human appraisers. . USPAP and the Contract.

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How owner finance investing works and how to navigate it (with Brandon Smith, 13+ years of investing and lending experience) – Real Estate Real Fast EP9

Listing Spark

To ensure compliance, it’s important to get an under contract, verify income and down payment, and have the borrower go to an RMLO to get a full underwrite. So obviously you know, back in 2009 and 2010 when we started doing owner finance and the markets, you know, you couldn’t flip a house or anything.

Finance 36
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FHA: Cosmetic vs. MPR Repairs

Appraisal Today

A three-year renovation, ending in 2009, converted the upper floors into the 7,000-square-foot penthouse. Some appraisers feel that lenders should not provide them with the purchase and sale contract. Then that contract does not serve to color, cloud, or otherwise bias a value opinion. We all know this is true.

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Appraisals and Water Frontage

Appraisal Today

Communicating with non-lender clients is very, very different than lenders! percent – the highest since November 2008 and the largest single-week increase since 2009. However, purchase activity was still 10 percent lower than a year ago, as inventory shortages and higher mortgage rates are dampening demand. percent from 5.65