Lamacchia Realty

AUGUST 20, 2021

If timing is an issue for the sellers, this is a great option for buyers. When sending your written offer, tell the seller your appraisal has already been ordered. If the difference in money is 5% higher compared to the cash buyer, the seller will be intrigued. Bidding Wars: Get Ready to Strike and Win in 2020.

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Lamacchia Realty

DECEMBER 11, 2023

From the Covid-19 driven frenzy in 2020 to the significant inventory slowdown this year , buyers , sellers , and agents have all had adapt and grow comfortable with change. These properties are frequently incorrectly priced, poorly staged, and it’s far more difficult to schedule a showing without a seller’s agent.

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PennyMac

APRIL 2, 2020

Plus, some sellers will only consider offers from buyers who are pre-approved, so it’s best to set yourself up for success with this easy move. An added bonus is that agents don’t cost the home buyer anything; they’re compensated mainly via a commission from the seller of the home. when you find your dream home.

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Real Estate Agent Inspection Sellers Real Estate 36

Housing Wire

JULY 1, 2021

Anything the seller can do to minimize the work buyers need to put into the home can help add to its value. For instance, a 2020 report from Remodeling Magazine showed that a new bathroom that costs $49,598 could boost a home’s value by $26,807, which is 54% of the investment.

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Renovations Appraisal Valuation Investing 421

Lamacchia Realty

OCTOBER 5, 2022

Buyers may ask the seller for a test to be conducted by a qualified radon tester, even if the seller has had a test in the past. It is better to fix this issue before placing your home on the market as buyers are likely to ask for the testing during the inspection phase of the transaction. October 21, 2020. April 8, 2021.

Sellers 67

Sellers Buyers Inspection Realty 67

Lamacchia Realty

JANUARY 6, 2023

We can now connect sellers who have low-rate assumable mortgages with active buyers! After a crazy 2020 and 2021, we all began to wonder - when this market change? There Is No Pass or Fail with Home Inspections. Seller Resources. Lamacchia Realty Offers Mortgage Assumptions. Click Here. When Will This Market Change?

Realty 55

Realty Law Sellers Real Estate 55

Lamacchia Realty

JANUARY 10, 2022

Inventory initially dropped in March 2020 as a result of sellers pausing on listing their homes and that number has stayed extremely low since. Compose a Personal Letter Sellers are often more likely to choose a buyer with whom they feel comfortable. Consider Waiving Inspection. Shorten Contingency Time Frames.

Sellers 72

Sellers Buyers Inspection Bracketing 72

Lamacchia Realty

FEBRUARY 22, 2023

Since then, as rates and inflation have continued to influence consumer sentiment and spending, inventory has remained low as sellers hesitate to dive into the market. Compose a Personal Letter Sellers are often more likely to choose a buyer with whom they feel comfortable.

Buyers 41

Buyers Sellers Inspection Bracketing 41

Eppraisal

APRIL 20, 2021

It's a sizzling, fast-paced seller's real estate market right now. According to a homebuyinginstitute.com article, in February of 2021, there were fewer home for sale than in February 2020. According to an article on Realtor.com, there were 52% less homes on the market in March of 2021 than in March of 2020. It's that simple.

Sellers 66

Sellers Loan Officers Inventory Home Value 66

Eppraisal

APRIL 8, 2021

It's a "super seller's market" right now. The NAR cites that in December of 2020 the inventory was down 23% compared to December of 2019. If you are a seller, it's the best time to get a good price and the best terms for your home. When buyers purchase a home "as is" they can still have inspections performed.

Marketing 36

Marketing Inspection Contracts Buyers 36

Will Springer Realtor

FEBRUARY 1, 2022

Sellers have the option to review offers on their home upon receipt of the bid or in the future, better known as an “offer review date.”. In a hot sellers’ market, establishing a date to examine bids – especially on a popular home in a desired neighborhood – is a common strategy and one that can generate a frenzy among buyers.

Real Estate 36

Real Estate Sellers Buyers Legal 36

Housing Wire

AUGUST 31, 2023

Property data collection consists of a complete interior and exterior inspection of the subject property. Freddie Mac announced automated collateral evaluation (ACE) as a new solution and Fannie Mae followed not long after with the introduction of Property Inspection Waivers (later renamed Value Acceptance).

Modernization 397

Modernization Appraisal Inspection Valuation 397

D Fritz Appraisals

JUNE 28, 2022

Experts seem to agree that the accumulated gains from 2020-2022 are not sustainable and at some point, housing prices will fall. In their March 2022 article, Bubble burst risk: Canadian home prices predicted to fall by 24% , Urbanized.com states that the accumulated gains from 2020-2022 are not sustainable.

Real Estate 105

Real Estate Marketing Inventory Housing Market 105

Housing Wire

APRIL 25, 2024

While DeRoussel’s experience sounds exactly like many of the stories that emerged from the pandemic-fueled homebuying frenzy of 2020 and 2021, this happened just a few weeks ago in early April 2024. “It In addition to keeping prospective home sellers in their houses longer, higher mortgage rates are also taking a toll on buyers.

Buyers 432

Buyers Marketing Inventory Investors 432

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. Help you arrange inspections. Monitor contingency dates.

Buyers 36

Buyers Brokerage Contracts Home Value 36

Eppraisal

OCTOBER 2, 2021

The real estate markets in 2020 and so far in 2021 have been like no other. Home prices continue to increase and sellers are reaping the rewards of quick sales. Whether you're a buyer or a seller, your agent should possess top-of-the-line negotiation skills. There is more to consider than just price.

Agents 36

Agents Real Estate Agent Marketing Real Estate 36

Lamacchia Realty

NOVEMBER 30, 2021

Clearing the gutters and drains is not only good practice for every homeowner, it’s particularly beneficial to sellers because it keeps the property looking and functioning best. This increases curb appeal and decreases the chances of water damage or issues further into to inspection process. December 3, 2020. Seller Resources.

Decorating 69

Decorating Open Houses Buyers Sellers 69

Housing Wire

MARCH 7, 2022

million in 2020 to $24.9 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 said it is not against the home inspection process.

Real Estate 485

Real Estate Law Inspection Agents 485

McKissock

MAY 15, 2023

Consider establishing side businesses such as home inspection, staging, and perhaps even brokerage. (It Don’t assume that because you know real estate from an appraiser’s perspective, that you can represent buyers or sellers successfully.) Real estate markets tend to be cyclical, but the cycles are only vaguely predictable.

Business 71

Business Appraisal Advertising Real Estate 71

Hank Miller Team

NOVEMBER 4, 2022

That’s insane given the reduced number of transactions completed mid 2020 – mid 2022. Buyers streamed here flush with cash from NY, CA, IL and other areas, local sellers had stacks after they sold and the "regular" buyers had a tough road trying to compete. Many buyers overpaid just to “win”; the only winner was the seller.

Buyers 40

Buyers Real Estate Agent Agents Real Estate 40

Houston Properties

JULY 22, 2022

Get A FREE Home Valuation Enter your email to receive a free, easy to read seller's guide on how to sell your house in the shortest time for the most money. Houston Home Seller Series. Houston Home Seller Series. "Paige 2020: America’s Best Real Estate Teams, Best of America Trends. Wellington. Get PDF Now.

Home Value 36

Home Value Real Estate Agent Real Estate Realtors 36

Housing Wire

MARCH 8, 2024

This is down from a 90-day average of 752 active single-family listings a year ago and 2,052 active single-family listings in early March 2020, just at the onset of the COVID-19 pandemic. When we were coming out of COVID we were seeing 15 to 20 offers on a house, where you’d have to make a spreadsheet to show your seller.

Housing Market 441

Housing Market Buyers Agents Marketing 441

Housing Wire

FEBRUARY 23, 2024

We are back to seeing people paying over asking, waiving home inspections and doing whatever they need to do to purchase a property.” During the same week in 2020, just prior to the onset of the COVID-19 pandemic, there were 4,537 active single-family listings in the area. “I

Housing Market 473

Housing Market Marketing Inventory Buyers 473

Houston Properties

JULY 20, 2022

"The Houston Properties Team make real estate transactions a lot less complicated for sellers – they take care of everything AND they get the highest prices and the shortest closings. 2020: America’s Best Real Estate Teams, Best of America Trends. 2020: Best Houston Real Estate Team, Best of Reader’s Choice.

Real Estate Agent 36

Real Estate Agent Real Estate Realtors Agents 36

Houston Properties

JULY 18, 2022

The Houston Properties Team make real estate transactions a lot less complicated for sellers – they take care of everything AND they get the highest prices and the shortest closings. 2020: America’s Best Real Estate Teams, Best of America Trends. 2020: Best Houston Real Estate Team, Best of Reader’s Choice.

Real Estate Agent 36

Real Estate Agent Real Estate Realtors Agents 36

Houston Properties

JANUARY 13, 2021

What’s shocking is (through the end of 2020) about 23% of Houston neighborhoods in specific areas are still selling at LOWER PRICES than before Hurricane Harvey hit in 2017. Avoid 9 Costly Mistakes Sellers Make. 2020 was the best year in American history for personal income. Do You Want To Buy A Home Now? Need To Sell?

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

Housing Wire

AUGUST 11, 2023

In markets with higher volume, such as 2020-2021, it can be difficult for appraisers to keep up with demand — which slows loan processing times and drives up costs for borrowers. However, effective August 2, 2023, this offering has been added to the Single-Family Seller/Servicer Guide (Guide).

Valuation 369

Valuation Modernization Training Appraisal Process 369

Houston Properties

JULY 21, 2022

"The Houston Properties Team make real estate transactions a lot less complicated for sellers – they take care of everything AND they get the highest prices and the shortest closings. 2020: America’s Best Real Estate Teams, Best of America Trends. 2020: Best Houston Real Estate Team, Best of Reader’s Choice.

Real Estate Agent 36

Real Estate Agent Real Estate Realtors Agents 36

Cleveland Appraisal Blog

FEBRUARY 17, 2021

Property values have been increasing in many areas for years, with 2020 being a record year for home appreciation in many neighborhoods. Especially if the repairs are on the interior since assessor’s usually do not make interior inspections. I explained why a full interior inspection is better.

Appraisal 217

Appraisal Clients Inspection Market Value 217

Eppraisal

AUGUST 30, 2022

There is a lot of news in the media about the real estate market starting to cool down for sellers and balance out for buyers. from the same time last year and more than 31% from June 2020, according to Realtor.com." The seller's agent doesn't have to disclose that information, but they may.

Real Estate 36

Real Estate Buyers Real Estate Agent Marketing 36

Will Springer Realtor

DECEMBER 8, 2021

Who said this is a sellers’ market? >> A survey of National Association of Realtors® members showed 34% of their clients were first-time buyers, up from 31% the previous year (July 2020-June 2021). Amid rising land and construction costs, permits for single-family homes in King County slowed in the third quarter to 940, down 7.8%

Sellers 36

Sellers Marketing Supply Chain Construction 36

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. Home sellers, the market has changed. Sellers have enjoyed the upper hand for years now.

Marketing 62

Marketing Sellers Buyers Inventory 62

Realtor

MAY 15, 2023

“For a hybrid appraisal, the inspection, sketch, and photos are completed by a third party,” says Matthew Love , a HUD/FHA-approved Certified Residential Appraiser at Real Estate Bees. But the hybrid appraisal really took off when the COVID-19 pandemic struck in 2020. ” Why is the hybrid appraisal becoming popular?

Appraisal 107

Appraisal Real Estate Appraisal Process Market Value 107

Lamacchia Realty

DECEMBER 28, 2021

From offering dramatically over asking price, putting down massive deposits, waiving home inspection contingencies or not doing home inspections at all, waiving mortgage contingencies, agreeing to close whenever sellers want, and more. If it’s not it will certainly delay things even further.

Sellers 74

Sellers Inventory Buyers Realtors 74

Houston Properties

JANUARY 12, 2022

Why We're Fearful: Buyer & Seller Mistakes. Why We’re Fearful: Buyer & Seller Mistakes. "A Furthermore, the listing agent also often doesn’t make it easy for Houston homebuyers to get the survey, details and any prior inspection reports so you know really know what you’re buying. Sale #3: 2020.

Real Estate 36

Real Estate Marketing Real Estate Agent Realtors 36

Houston Properties

JULY 21, 2022

"The Houston Properties Team make real estate transactions a lot less complicated for sellers – they take care of everything AND they get the highest prices and the shortest closings. Club 2020. 2020: America’s Best Real Estate Teams, Best of America Trends. 2020: Best Houston Real Estate Team, Best of Reader’s Choice.

Real Estate Agent 36

Real Estate Agent Real Estate Realtors Agents 36

Housing Wire

APRIL 27, 2023

The whistleblower litigation, known as a qui tam action — which allows private parties to sue on behalf of the United States — was filed under seal in state court in California in 2020 and moved last year to federal court — where the judge’s ruling denying dismissal of the case was handed down in January of this year.

Renovations 382

Renovations Investing Real Estate Marketing 382