Housing Wire

OCTOBER 23, 2023

According to Warner, the module that mentions commissions had just 138 views in 2020 and 2021, combined, among HomeServices’ 51,000 agents. Under questioning, Goffstein said that each agent has a contract that includes NAR rule clauses and that the contract also tells agents that NAR membership dues are needed by January.

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Law Agents Realtors Contracts 428

Housing Wire

OCTOBER 18, 2021

But on Monday the home listings giant called a timeout on purchasing homes through the end of 2021. Zillow will keep trying to sell existing home inventory, plus renovate and try to resell homes it has purchased under contract, according to a company press release. However, Zillow’s home purchasing is at “operational capacity.”.

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Renovations Real Estate Construction Contracts 384

Lamacchia Realty

MAY 18, 2021

FINDING A GOOD REAL ESTATE AGENT. Real estate agents are trained and experienced at negotiating for the client to get the most out of each transaction and to ensure each step of the process is done with great attention to detail. You should do the same thing before choosing a real estate agent!

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Real Estate Agent Real Estate Agents Realty 59

Housing Wire

JUNE 14, 2022

in April 2021, to $4.51 It also plans to reduce costs by not backfilling roles and by getting out of real estate office leases. Both Redfin and Compass are considered disruptors in the real estate industry, but neither has managed profitability.

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Marketing Real Estate Real Estate Agent Brokerage 370

Housing Wire

APRIL 13, 2021

A new report from Redfin shows that homes listed midweek sell for an average of $1,700 more than homes listed on the weekend, based on homes sold above their list price from July 2020 through February 2021. Real estate agents and LOs: the great collaboration. And they sell faster, too.

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Sellers Buyers Real Estate Agent Real Estate 410

Housing Wire

DECEMBER 27, 2022

The Big Chill” or “Frozen,” says Green, principal at real estate law firm Polunsky Beitel Green. The number of home listings dried up , contracts were canceled , the few buyers still out there demanded concessions , mortgage rates spiked to 7% and homebuilder sentiment hit rock bottom. Layoffs, LOs leaving the industry for good.

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Housing Market Marketing Real Estate Agent Real Estate 519

Housing Wire

SEPTEMBER 23, 2022

For one: We’re going to see agents drop out of the industry. From 2020 to 2021, NAR membership increased by a massive 156,000 Realtors. That’s a lot of agents making peanuts during an intensely hot market — and as the market softens and it gets harder to transact, I anticipate many of those agents will give up altogether.

Real Estate Agent 364

Real Estate Agent Agents Real Estate Realtors 364

Lamacchia Realty

FEBRUARY 14, 2024

ARE YOU A "WANT-TO-BE" SELLER IN 2024? From low inventory levels to increasing mortgage rates , the real estate landscape has experienced a multitude of changes and challenges over the last several years, leaving many sellers wondering when the “right” time to list would be given current market conditions.

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Sellers Realtors Buyers Inventory 65

Housing Wire

APRIL 20, 2022

Bonnie Williamson never intended to be a real estate agent. Things can work so much faster now than they did then and of course that has made us more productive as agents,” Florida-based Berkshire Hathaway HomeServices EWM Realty agent Ashley Cusack, who has been in real estate for nearly 30 years said.

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Real Estate Agent Real Estate Agents Brokerage 408

Housing Wire

JUNE 30, 2021

As of June 29, 2021, there were 47 large, active fires burning across the Western U.S. A major factor in Utah’s large increase of at-risk properties is the state’s dramatic population increase since the beginning of the COVID-19 pandemic, according to Ryan Aycock, a Redfin agent located in Salt Lake City.

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Real Estate Agent Modernization Real Estate Agents 397

Realtor

JULY 13, 2021

In our current seller’s market, the national inventory of active listings is down 43.1% year over year, according to the Realtor.com June 2021 Housing Market Trends Report. They’re making sky-high offers and writing heartfelt letters to sellers about why they should get the house. Mold remediation. Other experts agree. “An

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Inspection Real Estate Agent Real Estate Buyers 203

Housing Wire

OCTOBER 16, 2023

Up from 45% last year and a notable increase from 37% in 2021, the report also mentioned that this share of first-time homebuyers likely hasn’t been this high since 2010, when there was a first-time homebuyer tax credit. This approach is negotiated in the contract; it’s a seller concession to the buyer for a set amount.

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Agents Buyers Sellers Inventory 406

Housing Wire

NOVEMBER 3, 2023

The lawsuit, which was originally filed in 2019 and won class-action status in April, alleges that some NAR rules, including one that requires listing brokers to offer buyer brokers a commission to list a property in a Realtor-affiliated MLS, violate the Sherman Antitrust Act by inflating seller costs.

Real Estate 317

Real Estate Brokerage Buyers Property Management 317

Berkshire Hathaway

APRIL 28, 2022

While we agree with you on the first statement, the selling of a home is always best left to a professional real estate agent, for so many reasons! According to a NAR study , For Sale By Owner homes sold at a median of $260,000 in 2021, while agent sold homes were at a median of $318,000, a difference of $58,000.

Real Estate Agent 67

Real Estate Agent Advertising Insurance Real Estate 67

Hank Miller Team

DECEMBER 14, 2022

Home buyers and home sellers dabble in the “persuasion” arena during the purchase process as they roll through the deal. The typical real estate agent doesn't dabble, they will do whatever necessary to secure their commission. Doesn’t usually happen, so then agents push price reductions. More on Karen later.

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Appraisal Real Estate Agent Contracts Agents 52

Housing Wire

JULY 12, 2022

An agent does a floorplan scan when they make a listing. The seller accepts it; they go into contract. But Fannie Mae, based on 121,000 property data collection submissions in its pilot from April 2021 through March 2022, said lenders were able to shave off, on average, four days compared to traditional appraisals.

Appraisal 410

Appraisal Inspection Real Estate Agent Training 410

Lamacchia Realty

FEBRUARY 21, 2023

Rascoff replies, “It’s a starting point, but if you want to get a more accurate opinion of your home’s value, you should talk to a real estate agent or an appraiser.” Most real estate agents will tell you they dislike Zillow because it lacks credibility in their eyes.

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Real Estate Agent Real Estate Sellers Realtors 73

GoForrmz

OCTOBER 26, 2022

Get ahead with real estate automation The real estate market has seen a lot of unusual trends in the past couple years, and it’s no surprise things have been pretty weird. In 2021 , we saw houses receive multiple offers and sell for thousands of dollars over asking price within hours. That’s where we come in.

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Real Estate Contracts Clients Real Estate Agent 78

Cleveland Appraisal Blog

AUGUST 20, 2021

Earlier in the year, I appraised a home to have a market value that was twenty-eight thousand dollars ($28,000) higher than the contract price. Contrary to popular belief, good appraisers do not magically appraise homes at their contract price simply to rubber-stamp a sales price. The seller will probably never know. The reason?

Appraisal 418

Appraisal Market Value Contracts Agents 418

Listing Spark

FEBRUARY 28, 2024

It’s the default strategy when you have a real estate agent. Listing agents can push out a new property to get attention from buyers, and buyers’ agents can easily search through the database. If you don’t want to use an agent, you traditionally wouldn’t have access to this resource.

Real Estate Agent 36

Real Estate Agent Agents Real Estate Tools 36

Cleveland Appraisal Blog

AUGUST 20, 2021

Earlier in the year, I appraised a home to have a market value that was twenty-eight thousand dollars ($28,000) higher than the contract price. Contrary to popular belief, good appraisers do not magically appraise homes at their contract price simply to rubber-stamp a sales price. The seller will probably never know. The reason?

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Appraisal Market Value Contracts Agents 263

Houston Properties

JANUARY 13, 2021

Houston Housing Market Forecast: Current Data & 2021 Predictions. SUMMARY: Coming off a record year, the Houston real estate market started 2021 in a seller’s market. KEY RESOURCES: Study Of How Previous Pandemics Affected The Real Estate Market. Avoid 9 Costly Mistakes Sellers Make.

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Housing Market Marketing Real Estate Realtors 68

Eppraisal

OCTOBER 2, 2021

It's imperative, now more than ever, to have an experienced real estate agent who has your best interests at heart. There are key skills you should look for in your listing agent or selling agent. The real estate markets in 2020 and so far in 2021 have been like no other.

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Agents Real Estate Agent Marketing Real Estate 36

Cornerstone

JULY 1, 2021

Sellers who list may find a golden opportunity: Right now, you’re likely to sell your house quicker and at a better price. This summer, sellers benefit from the fact that mortgage rates still hover around the rock-bottom lows seen during last year’s COVID crisis. Remember, sellers do plan on re-entering the market soon.

Sellers 61

Sellers Buyers Real Estate Agent Inventory 61

Lamacchia Realty

JUNE 19, 2021

Home inspections are used to identify any issues in the home so that the buyer knows exactly what they’re getting into and the seller isn’t selling a home that’s unsafe. The home inspection is one of the last steps of the selling process, but the home is still technically the responsibility of the seller at this point.

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Inspection Real Estate Agent Realty Real Estate 36

Lamacchia Realty

SEPTEMBER 7, 2022

An experienced real estate agent will make all the difference while you’re moving. Make sure to look at the various insurance options from the moving companies and look over any written contracts before signing. April 8, 2021. September 1, 2021. Seller Resources. April 8, 2021. Buyer Resources.

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Realty Real Estate Agent Insurance Realtors 63

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.

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Sellers Loan Officers Inventory Home Value 66

Appraisal Today

JANUARY 20, 2023

NOTE: Please scroll down to read the other topics in this long blog post on AMC fees, Real estate forecast, Google Business Profile, unusual homes, mortgage origination stats, etc. Record Share Of Sellers Give Concessions To Buyers Excerpts: ‘Buyers are asking sellers for things that were unheard of during the past few years.’

Appraisal 52

Appraisal Contracts Sellers Business 52

Appraisal Today

JANUARY 19, 2024

During the two-year renovation, the seller, who bought the home in 2017, updated the kitchen with a Bosch cooktop, Gaggenau appliances, and soft-close doors. An example of this in real estate appraisal is the purchase and sale contract. The average contract interest rate for 15-year fixed-rate mortgages decreased to 6.24

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Appraisal Contracts Real Estate Architecture 72

Hank Miller Team

NOVEMBER 4, 2022

But how many of these mournful buyers made the cardinal sin of not qualifying their agent? Unqualified Real Estate Agents A worm easily clears the bar to entry and retention for real estate agents, that will never change. Many buyers overpaid just to “win”; the only winner was the seller.

Buyers 40

Buyers Real Estate Agent Agents Real Estate 40

Lamacchia Realty

SEPTEMBER 16, 2021

An experienced real estate agent will make all the difference while you’re moving. Make sure to look at the various insurance options from the moving companies and look over any written contracts before signing. April 8, 2021. September 1, 2021. Seller Resources. April 8, 2021. Buyer Resources.

Real Estate Agent 66

Real Estate Agent Insurance Realtors Sellers 66

Appraisal Today

SEPTEMBER 22, 2023

They included appraisers, real estate agents, and someone with a week, a month, or online video training. Using MLS photos is a joke, as real estate agents don’t take photos of defects. A buyer gets a seller’s disclosure statement for that information. I see very different levels of inspectors.

Appraisal 85

Appraisal Training Inspection Real Estate 85

Listing Spark

SEPTEMBER 5, 2023

Ten percent of homes sold in 2021 were sold by their owners without a realtor. As online resources for pricing data, flat-fee listing services, and plenty of marketing options become available, homeowners can more easily navigate the market and handle transactions without paying for their own listing agent.

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Realtors Real Estate Agent Real Estate Agents 36

Appraisal Today

DECEMBER 2, 2022

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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Appraisal Agents Real Estate Real Estate Agent 80

Appraisal Today

JULY 1, 2022

Borrower complaints, real estate agents, attorneys, etc. Risk Management for Real Estate Appraisers and Appraisal Firms, written by Peter Christensen, Esq. 2) Many sellers are distracted by hot headlines from the past. By Claudia Gagline, Esq. and Magda Pretorius. 2022 E&O Insurance Brokers.

Appraisal 52

Appraisal Contracts Insurance Real Estate 52

Will Springer Realtor

MAY 18, 2021

In the case of the initial deposit, sellers who have agreed to accept an offer are expecting the buyer, as the contract from the Northwest MLS states, “deliver the earnest money by the delivery date” listed on the first page. Most real estate sales on the west side of the Mississippi River are handled by escrow companies.

Buyers 36

Buyers Sellers Real Estate Contracts 36

Housing Wire

MARCH 7, 2022

billion in 2021, according to an analysis of 10 different blockchain ledgers by DappRadar. In the past year, NFTs pole vaulted from mostly commodifying art and digital assets to an array of spheres including – very preliminarily – real estate. It also gives real estate agents ideas. million in 2020 to $24.9

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Real Estate Law Inspection Agents 482