The Robert Weiler Company

JANUARY 2, 2021

Are you familiar with a land contract in Ohio, as well as the state-specific requirements? What is a land contract in Ohio, really? Essentially, a land contract is an alternative financing option if you’re investing in: Farmland or raw land. So, what is a land contract agreement, and how does it work? A home or condo.

Contracts 143

Contracts Tenants Legal Sellers 143

Housing Wire

DECEMBER 1, 2022

“Higher interest rates further dented home sales, which declined at a moderate pace overall but fell steeply in some Districts,” the report states, noting that “residential construction slid further at a modest pace” and “home prices grew less rapidly or declined outright amid weak demand.”. Existing home sales fell steeply in most markets.

Housing Market 313

Housing Market Marketing Construction Inventory 313

Housing Wire

NOVEMBER 7, 2023

Though this seems like a whole new stress-inducing worry for many real estate agents , the fact is that commissions have never been a set amount, just an expectation or a tradition in many markets. One of the top concerns for homebuyers as well as agents right now is the historic lack of inventory. Find them their dream home.

Clients 362

Clients Buyers Real Estate Agent Real Estate 362

Housing Wire

OCTOBER 18, 2021

As housing inventory remains low and buyers are continuing to face strong competition with one-third of homes going under contract within a week , many are becoming discouraged and have started looking for alternative options. This will spur more construction and help ease upward pressure on home prices.”.

Supply Chain 519

Supply Chain Inventory Buyers Housing Market 519

Housing Wire

DECEMBER 20, 2023

Real estate agents and brokers , are you relying solely on that buyer drip you set up for your motivated and qualified clients? Today we’ll show you how to deploy 6 creative ways to get more from your searches so you can get those buyers in contract faster. Has the drip run dry? Are your buyers being more proactive than you are?

Real Estate Agent 355

Real Estate Agent Buyers Real Estate Clients 355

Housing Wire

MAY 10, 2023

In much of suburban New Jersey, where new construction is rarer than cheap Bruce Springsteen tickets, the pandemic-era conditions never left. This has serious consequences for real estate agents and loan officers alike, since it’s usually a zero sum game. But it’s bad for everyone else, agents and loan officers included.

Loan Officers 333

Loan Officers Marketing Inventory Real Estate Agent 333

McKissock

JANUARY 31, 2023

As part of our Question of the Month survey series, we asked members of our appraisal community, “What’s one thing you wish real estate agents knew about the appraisal process?” ” “That cost does not equal value on homes, and picking comparable sales just to hit contract prices is unethical.

Real Estate Agent 97

Real Estate Agent Real Estate Agents Appraisal 97

Housing Wire

JANUARY 19, 2023

High inflation has reduced consumers’ purchasing power, which has led to weakened sales and construction across all 12 Federal Reserve districts. Housing markets continued to weaken, with sales and construction declining across [all 12 Federal Reserve] districts,” according to the Federal Reserve Beige Book released on Wednesday.

Inventory 375

Inventory Housing Market Marketing Construction 375

Housing Wire

DECEMBER 8, 2023

Ultimately, every homebuyer prospect, every contract and every negotiation is different, but your value should be consistent for all situations and clients. Should they consider new construction? All of these action items are things that professional, experienced real estate agents should practice already.

Clients 383

Clients Real Estate Inspection Buyers 383

Housing Wire

SEPTEMBER 12, 2023

So, the author tried to use new construction prices from back in April to describe the whole U.S. New contracts dipped as affordability is out of reach for so many. There are 348,000 single-family homes in contract right now, with only 54,000 new contracts pending in the last week. housing market now.

Contracts 363

Contracts Inventory Housing Market Buyers 363

Housing Wire

MAY 31, 2022

increase year over year for properties under contract, indicating that demand in the city remains strong,” said Elizabeth Anne Stribling-Kivlan, Compass’ senior managing director. When we help bring distressed properties back to the market, it’s up to 31% less expensive than a new construction home.”. during the same time.

Mortgage 382

Mortgage Construction Lending Real Estate 382

Housing Wire

JULY 26, 2021

And on top of all that, any buyer in “contract” can get “gazumped” (contracted price goes up) at any time until the final weeks of that sale agreement. The cooperative MLS system exposes home listings to the largest number of potential buyers with an offer of compensation to any successful buyers’ agent. experience.

Real Estate Agent 382

Real Estate Agent Real Estate Sellers Legal 382

Housing Wire

OCTOBER 26, 2022

Continuing to add for sale inventory from the new construction industry “is going to be vital to helping stabilize prices and affordability in the long run,” added Zillow senior economist Nicole Bachaud. To clear the inventory backlog, homebuilders have been offering bonuses to agents and incentives to buyers.

Inventory 288

Inventory Contracts Buyers Investors 288

Housing Wire

APRIL 30, 2021

More than a quarter of single-family homes for sale during the first quarter were new-construction homes — nearly 26%, and March housing starts jumped nearly 20% month over month to the highest level since 2006, per the latest report from Redfin. Existing home sales were 9% higher than a year ago with just two months supply to choose from.

Buyers 441

Buyers Construction Inventory Housing Market 441

Housing Wire

AUGUST 18, 2023

New construction in the area that competes with your potential listing Remember when builders provide in-house financing, they often can sell a more expensive home for the same payment as your resale. Know what’s going on with the new construction! Be the one who is their problem solver, not the agent who assumes they know everything.

Sellers 350

Sellers Construction Real Estate Finance 350

Housing Wire

DECEMBER 20, 2022

After record sales in 2021, demand for new construction waned throughout 2022 as the Federal Reserve raised interest rates cutting into home buyer’s purchase power and making financing new development projects even more costly for builders. BH: What are you expecting to see in terms of demand for new construction heading into 2023?

Supply Chain 355

Supply Chain Construction Inventory Finance 355

Cleveland Appraisal Blog

MARCH 30, 2021

Within the past couple of weeks, I have appraised several properties for purchases, where my opinion of the market value of these homes was significantly below the contract price. When an appraiser’s opinion of value is below the contract price, that’s when the carping begins. Good agents know this.

Housing Market 367

Housing Market Marketing Reconsideration of Value Contracts 367

Housing Wire

APRIL 27, 2023

An index of 100 is equal to the level of contract activity in 2001. In the new construction sector , NAR predicts sales to increase 4.5% For the first time since November 2022, pending home sales fell in March, posting a 5.2% The monthly drop resulted in the Pending Home Sales Index recording a reading of 78.9, year over year.

Inventory 387

Inventory Realtors Contracts Construction 387

Housing Wire

OCTOBER 21, 2020

The housing market faced a lot of uncertainty when COVID-19 caused the real estate industry to pause under shut-downs, but low interest rates and the desire for more space has turned this year into a boom time for real estate agents. HousingWire caught up with real estate agents across the U.S. It’s crazy,” Lamacchia said.

Housing Market 545

Housing Market Marketing Real Estate Agent Real Estate 545

Zillow

JANUARY 23, 2018

Buying new construction seems simple, right? Having your own agent provides a sense of security," says Seattle-area homeowner Kristy Weaver, who has bought two new construction homes from two different builders. "It Peace of mind is just one benefit of having an experienced agent along for the ride. Not so fast.

Construction 36

Construction Agents Buyers Real Estate Agent 36

Hank Miller Team

FEBRUARY 23, 2023

Many will consider new construction, often visiting the projects and sales reps or calling the information lines. Seemingly innocent inquiries which often result in them being unrepresented by a buyer’s agent if they move forward. What is Procuring Cause Every home buyer should work with an experienced buyer’s agent.

Buyers 52

Buyers Contracts Agents Construction 52

Housing Wire

NOVEMBER 3, 2023

But, there are steps that both brokers and agents can take to minimize the damage of a worst-case scenario. billion in commissions they paid to buyers’ agents in the past eight years. Will they still use a buyers’ agent to find a house? “All our our consumer research points to yes,” says Murray.

Real Estate 291

Real Estate Brokerage Buyers Property Management 291

Housing Wire

DECEMBER 29, 2021

Each year RealTrends releases its list of the highest performing real estate agents in the country, and, like clockwork, Ben Caballero of Dallas-based HomesUSA tops the list. Caballero is like any real estate listing agent, on the hunt for clients. So that those agents will bring their buyer to the builder. Ben Caballero.

Realtors 302

Realtors Real Estate Agent Agents Real Estate 302

Housing Wire

JUNE 21, 2021

You set your appointments the night before, and when you get there that morning, they might already be under contract.” Generally, they go under contract in a day or two.” Knoxville-based builders, however, seem optimistic, according to local real estate agents. It’s like a horse race.

Housing Market 424

Housing Market Marketing Realtors Inventory 424

Appraisal Today

FEBRUARY 17, 2023

What Appraisers Wish Real Estate Agents Understood McKissock Survey Question: “What’s one thing you wish real estate agents knew about the appraisal process? I will always remember when, many years ago, a top local real estate agent asked me why I was driving around taking photos of homes. We need a good Appraiser PR Campaign!

Real Estate Agent 52

Real Estate Agent Real Estate Appraisal Agents 52

Cleveland Appraisal Blog

MAY 13, 2021

Real estate agents have a view of what the home should be listed for, based upon their research and experience. And right now, many buyers are forced to bring cash to the table to make up the difference between what the home’s market value is determined to be, and the contract price. What about listing agents?

Market Value 298

Market Value Contracts Appraisal Buyers 298

Appraisal Buzz

JUNE 20, 2022

Borrowers, sellers, and real estate agents are seeking to lay blame for failed real estate transactions and often target the appraiser as the villain. This might include assignment conditions, contracts, leases, income and expense data, subject property descriptions, and builder’s cost information.

Appraisal 417

Appraisal Modernization Property Appraisal Real Property 417

Hood Homes Blog

SEPTEMBER 21, 2018

The builder’s rep already preapproved you with their lender and has a contract out ready for you to sign. Get an agent. Firstly, because you will need an agent to do items 2 through 5. Get an agent whose legal responsibility is to put your interests first. The VA loan can exacerbate this problem in our area.

Contracts 36

Contracts Construction Agents Legal 36

Housing Wire

OCTOBER 21, 2021

The gain in existing home-sales in September reflects contracts signed earlier in the summer,” Mike Fratantoni, MBA SVP and chief economist said in a statement. MBA expects new home construction to help support growing inventory levels as we enter 2022, which will lead to a deceleration in home-price growth,” Frantantoni said in a statement.

Inventory 399

Inventory Buyers Realtors Contracts 399

Hank Miller Team

NOVEMBER 8, 2021

The most common problems are changes in the home from contract to close and agreed upon repairs. Substantially the Same The GA Association of Realtors (GAR) contract stipulates that the property will be in substantially the same condition as it was on binding agreement date. The entire contract includes the disclosures.

Buyers 95

Buyers Contracts Sellers Legal 95

Raleigh Realty

AUGUST 17, 2021

Understanding Due Diligence and Earnest Money in North Carolina Real Estate When you go under contract on a home in North Carolina you are going to encounter terms like Due Diligence and Earnest Money. It's important to note that real estate contracts and laws change depending on what state you are in. Due Diligence: What Is it?

Real Estate 148

Real Estate Real Estate Agent Contracts Inspection 148

McKissock

JULY 28, 2020

The relationship between a builder and a real estate agent can be a complicated one. In fact, there are several myths and misconceptions that builders, real estate agents, and even buyers hold that affect this relationship. These notions about the real estate agent-builder relationship are actually far from the truth.

Real Estate 58

Real Estate Real Estate Agent Agents Open Houses 58

Appraisal Today

JULY 29, 2022

57 Weird Real Estate Agent Photos. From horror movie-esque semi-abandoned homes for rent to home decor that overshot “unique”, the owners and agents behind these funny ads thought things were perfect just as they were for their photos and open houses. More Terrible Real Estate Agent Photos for Appraisers. Humor for Appraisers.

Real Estate Agent 52

Real Estate Agent Real Estate Appraisal Agents 52

Appraisal Today

APRIL 12, 2024

NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, using new construction comps for existing homes, master planned communities, unusual homes, mortgage origination stats, etc. It is written for real estate agents and has general information on appraisal at the beginning.

Appraisal 77

Appraisal Construction Contracts Architecture 77

Empire Appraisal Group

DECEMBER 14, 2023

in 2022 The data is based on sales by Redfin’s agents. Sellers have become more open to the idea of giving out concessions, like cash for repairs and mortgage-rate buydowns, in part because many of them want to get their homes sold quickly due to major life events like divorces and new jobs,” says Seattle Redfin agent David Palmer.

Sellers 78

Sellers Buyers Agents Contracts 78

McKissock

JULY 26, 2022

As a buyer agent , it is your job to be the voice of reason, the buffer, and sometimes the peacemaker. Constructing a real estate offer is an art. In order to reach an acceptable agreement with the most favorable terms, make sure your buyers are aware of the market and the most important factors when constructing an offer.

Real Estate 81

Real Estate Counter Offer Buyers Inspection 81

Appraisal Today

SEPTEMBER 15, 2023

Appraisers are less likely this year to cite expanding regulations/interpretations of regulations, lender requirements, pressure from real estate agents/brokers, and liability concerns. No one is allowed to provide a list or a panel of appraisers to use for loans involving a specified mortgage broker, real estate agent, or loan officer?

Appraisal 82

Appraisal Real Estate Agent Contracts Real Estate 82