Housing Wire

FEBRUARY 16, 2024

According to the DOJ, when a seller makes an offer of compensation to the buyer broker, the buyer broker does not need to compete on their compensation price in order to attract clients. Despite this being allowed, the practice of cooperative compensation continues and agent commissions have not changed.

Sellers 422

Sellers Buyers Real Estate Contracts 422

Housing Wire

MARCH 27, 2024

The court initially certified the class in April of 2022, as it found that the class satisfied all the requirements of Federal Rule of Civil Procedure 23. The appeals court said that this was because the contracts signed by the sellers were not directly signed by HomeServices. HomeServices did not return a request for comment.

Law 348

Law Sellers Realtors Contracts 348

Housing Wire

MAY 27, 2022

This week’s HW+ member spotlight features Jeremy Potter, chief evangelist at Stavvy , a 2022 Tech100 Mortgage winner. Potter was recently promoted after serving as head of legal and capital markets and is a thought leader in the industry, regularly sharing his insights on how the industry can move forward through the power of innovation.

Modernization 333

Modernization Legal Contracts Mortgage 333

Housing Wire

SEPTEMBER 7, 2023

“That partnership is everything,” Amy Breach, a Seattle-based Keller Williams agent, told HousingWire in late 2022. Probably about 60 to 70% of our business comes from referrals from our previous clients,” Chris Gallo, a top producing LO in New Jersey, said. Attorneys, Realtors and clients are a big part of our repeat business.”

Buyers 375

Buyers Agents Loan Officers Real Estate 375

Eppraisal

JULY 12, 2022

Earnest money is the money a buyer offers to have deposited at contract time to show he is earnest or serious about purchasing the home. How Earnest Money Works When you submit an offer to purchase a home, part of the contract deals with earnest money. What Happens to the Earnest Money if the Contract is Canceled?

Contracts 36

Contracts Real Estate Agent Sellers Real Estate 36

Housing Wire

NOVEMBER 3, 2023

” Other popular answers included, ‘implementing buyer representation agreements,” “full disclosure of client options,” and “more training on our value proposition.” “Fast forward to 2022, and we manage 1,200 properties through Southern California.

Real Estate 293

Real Estate Brokerage Buyers Property Management 293

Appraisal Today

NOVEMBER 4, 2022

They really appreciate it, and it ensures you can complete assignments on time as you had planned (no one likes waiting for a legal description only to have it show up on your day of 4 inspections!). It can help you get more business from AMCs (and other lender clients). Appraiser list Internet, referral, previous client.

Reconsideration of Value 52

Reconsideration of Value Appraisal Inspection Advertising 52

Appraisal Today

MARCH 31, 2023

But how do you contact potential clients and referral sources? The AMC insists that as long as I disclose in the addendum that the zoning is currently ‘illegal,’ then I can mark on the first page as ‘Legal.’” Then forward that answer on to the client/AMC. Excerpts: Key Takeaways In the fourth quarter of 2022, 1.52

Appraisal 52

Appraisal Contracts Inspection Clients 52

Appraisal Today

NOVEMBER 24, 2023

I got the client to write a letter to the state indicating my report did not mislead them, yet the state sanctioned me for it anyway! If my client says I did not mislead them, how can the state board say I did?!” Obviously, you need legal counsel, but you may also need USPAP counsel as well. My clients want me to hit the number.

Appraisal 77

Appraisal Mortgage Business Contracts 77

Housing Wire

OCTOBER 9, 2023

1] As a real estate broker in Illinois, it is not legal for you to work independently. 2022 Real Estate Broker Renewal Application” [link] Illinois Realtors, Start Your Career in Real Estate. Requirements for Real Estate License Renewals in 2022.” 2022 Survey Results: Real Estate Agent Commissions by State” [link] Zillow.com.

Real Estate Agent 368

Real Estate Agent Real Estate Agents Brokerage 368

Appraisal Today

DECEMBER 8, 2023

The last unit they bought was in mid-2022 as far as I can tell… To read more, plus the 45+ appraiser comments, Click Here Investor Home Purchases Are Down Over 40% in Sun Belt Pandemic. That’s partly because sale-price data is a lagging indicator, reflecting deals that went under contract a month or two ago. percent from 7.37

Appraisal 69

Appraisal Real Estate Contracts Design 69

Housing Wire

NOVEMBER 30, 2023

Culture, cutting-edge technology, marketing assistance, and training are key to succeeding as an Ohio real estate agent, so look for a brokerage that provides the agent services and resources you need to maximize reach for your clients. The Average Ohio Real Estate Commission in 2022” [link] FastExpert.

Real Estate 362

Real Estate Real Estate Agent Brokerage Agents 362

Appraisal Today

MAY 10, 2024

I have never done an “official” ROV for a lender, but I did not like any lender clients objecting to my values. There is administrative time involved, as well as legal factors. And if you work in real estate, be prepared to serve clients in all stations of life. First, the burden on borrowers. They start the row. percent from 7.29

Reconsideration of Value 76

Reconsideration of Value Appraisal Real Estate Insurance 76

Appraisal Today

JULY 8, 2022

Excerpt: On May 1,8, 2022 the Subcommittee on Economic Opportunity held a legislative hearing on the Discussion Draft of H.R. Home Loan Act of 2022… It would require the V.A. is the best lender client for appraisers. By Peter Christensen, Founder of Valuation Legal. Proposal to Eliminate the V.A. My comments : V.A.

Appraisal 52

Appraisal Property Taxes Contracts Mortgage 52

GoForrmz

DECEMBER 5, 2022

The Electronic Signatures in Global and National Commerce Act, (E-Sign Act), was signed into law on June 30, 2000 , but it took until 2007 for the Federal Reserve Board to finalize and adopt the detailed rules and standards of legally binding, electronic signatures. ” — FinancesOnline / Aberdeen Strategy & Research, 2022.

Business 78

Business Legal Law Contracts 78

Appraisal Today

SEPTEMBER 30, 2022

Consequently, both the appraiser and home inspector ended up on the receiving end of a “wrongful death” legal claim. Bunzel was also able to provide some helpful tips for appraisers as far as how to communicate with their clients about CO detectors. The average contract interest rate for 15-year fixed-rate mortgages increased to 5.70

Appraisal 52

Appraisal Inspection Easement Contracts 52

The Robert Weiler Company

SEPTEMBER 7, 2022

Data through the first half of 2022 has been tallied on Ohio land for sale. All indicators show an extremely positive trend that will likely continue through the rest of 2022 and beyond. As a whole, commercial real estate has seen great success in 2022, despite rising interest rates. Homes sales reached 14,210 in May 2022, a 1.8%

Marketing 78

Marketing Real Estate Investing Retail 78

Appraisal Today

SEPTEMBER 2, 2022

A major source of frustration for appraisers is the realization that clients do not have to follow USPAP. The ethical and performance requirements of USPAP apply only to appraisers, not to clients. Educate your appraisal clients. I have lost many clients over the years because I was ethical. Appraisal Business Tips .

Appraisal 52

Appraisal Contracts Clients Real Estate 52

Houston Properties

JANUARY 13, 2021

We believe the bill won’t come due in 2021 and potentially not in 2022 either. Properties are still going under contract. Based on last year’s sales data, the number of homes that have gone under contract is still consistent with figures prior to the coronavirus and the oil price crash. The Tale of Two Cities.

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

Appraisal Today

JULY 29, 2022

July 25, 2022 . This is actually about fewer buyers getting into contract. Check out Ryan’s other recent blog posts for ideas on how to analyze your market and help your clients understand what is happening. New in the August 2022 Issue of Appraisal Today. For The Fed, 2022 May Be 1979 All Over Again.

Real Estate Agent 52

Real Estate Agent Real Estate Appraisal Agents 52

Appraisal Today

AUGUST 12, 2022

By Peter Christensen August 9, 2022. For the last year, 40% of my legal work has been occupied by issues concerning alleged discrimination – balanced between representing parties in fair housing investigations and helping clients improve compliance and decrease risk. This blog post makes it readable. percent from 5.43

Appraisal 52

Appraisal Contracts Mortgage Business 52

Simonson Real Estate

DECEMBER 6, 2022

We’re grateful to work across several states and with so many great clients! In 2022, Simonson Appraisals completed a steady stream of financing assignments with planned new construction or significant proposed renovations. As year-end is approaching, we reflect on the past year and look ahead to the future.

Appraisal Process 78

Appraisal Process Real Estate Appraisal Renovations 78

Housing Wire

DECEMBER 23, 2021

In a 2018 article, The Real Deal chronicled CoStar’s legal war waged against Xceligent , once CoStar’s biggest rival for commercial property listings. The timing is good as 2022 looks like another strong market and Zillow is on the defensive with their significant failure in the iBuying space.”.

Brokerage 323

Brokerage Agents Real Estate Real Estate Agent 323

Appraisal Today

SEPTEMBER 9, 2022

Maintain USPAP compliance – Confirm the ROV request came from your client, either directly or through the client’s AMC, acting as an agent for the client, or other party designated as an agent by the client. Cities With the Cheapest Mansions for Sale in 2022. The importance of this cannot be overstated.

Reconsideration of Value 52

Reconsideration of Value Appraisal Clients Contracts 52

Will Springer Realtor

JANUARY 7, 2022

We are only a couple of weeks into 2022 and the region’s residential real estate market is already getting back in motion for what should be another year of unprecedented levels of activity and incredibly high demand. If a client already has 2.5% Scott Real Estate. State lawmakers led by Gov. alone over the last several years?”.

Construction 36

Construction Real Estate Inventory Buyers 36