Remove Advertising Remove Appraisal Remove Legal Remove Marketing
article thumbnail

Unwrapping what to expect in your home inspection, appraisal and closing

Housing Wire

What’s the difference between a home inspection and an appraisal? Before you get overwhelmed, take comfort that critical milestones of home inspection, appraisal and closing processes are all great ways to get more acquainted with your prospective new home. An appraisal is a valuation of a property by a third party.

article thumbnail

15 Costs to Consider When Starting an Appraisal Business

McKissock

Thinking about starting an appraisal business? If you’re already a fully licensed and accredited real estate appraiser, chances are you have already been working with a more experienced appraiser. Depending on circumstances, the costs of starting an appraisal business can range from fairly high to very low.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What Kind of Appraisal Support Do You Want?

Cleveland Appraisal Blog

This is not an advertisement for them. Just like going cheap when buying running shoes can be costly, the same is true when it comes to hiring an appraiser. If you’re in need of an appraisal, I highly recommend not going with the cheapest appraiser. Is there really support for what the appraiser is reporting?

Appraisal 221
article thumbnail

MLSs, local associations help members navigate changes tied to NAR settlement

Housing Wire

As we monitored the lawsuits, this approach led us to strengthen our business-friendly, market-driven policies by removing the compensation requirement,” said Gene Milliman , the president and CEO of REcolorado. “As The brokers, agents and appraisers we serve are looking to us for guidance.

Realtors 348
article thumbnail

RESPA enforcement is back — are you ready?

Housing Wire

And the market has gotten much darker over the last few years. After six years of no enforcement actions and a rapidly declining housing market, RESPA attorneys believe some in the industry may be more willing to test the boundaries. “I The same happens with concert or sports tickets as a marketing opportunity.

article thumbnail

Opinion: More can be done to shorten the average time to close

Housing Wire

In fact, if you were to describe the home-buying experience solely upon the things we see in advertisements, the home-buying process would end with the sales contract, and all parties would merrily proceed directly to the handing over of the keys. But there’s also room for improvement. It doesn’t lend itself to a 24-hour cycle.

HOA 403
article thumbnail

BHHS CEO Gino Blefari: ‘Doesn’t agree with it one bit’ about commission conspiracy

Housing Wire

However, Blefari said that those are just ranges, and he cited appraisal fees being waived or points on the mortgage as reasons why commission fees could change. While Blefari acknowledged this scenario is possible, he noted that in a hot market, having a listing on the MLS could net the seller $350,000 for the house.

Sellers 382