Housing Wire

DECEMBER 2, 2021

Zillow said Thursday that more than 50% of its remaining iBuying inventory “has sold, is under contract to sell or has reached agreement on disposition terms.”. Also, the company’s board of directors authorized the repurchase up to $750 million in shares of Zillow stock, according to a press release.

Inventory 424

Inventory Real Estate Agent Investors Market Value 424

Birmingham Appraisal

FEBRUARY 20, 2024

Appraiser and Agent Collaboration is a Good Thing The importance of collaboration between real estate agents and appraisers can be a touchy subject. On one hand, the real estate agent’s main goal is to advocate for their client while the appraiser must be an impartial and non-biased third party.

Agents 86

Agents Appraisal Real Estate Agent Bracketing 86

Housing Wire

NOVEMBER 2, 2021

The prior announcement was stunning in its own right, and led to revelations that the company bought homes for well above market value, and re-listing homes for less than what they were bought for. The purchase has triggered a Federal Trade Commission inquiry regarding Zillow’s array of agent and consumer data.

Market Value 393

Market Value Real Estate Agent Agents Business 393

Cleveland Appraisal Blog

AUGUST 20, 2021

That way of measuring the market can lead to an opinion of value that is in the ballpark of a home’s market value. Often, homeowners, agents, and others base their value opinions on square footage obtained from public records, usually because it’s free and, in most areas, available to the public.

Appraisal 418

Appraisal Market Value Contracts Agents 418

Eppraisal

OCTOBER 23, 2023

Your bid may need to be higher, your contract contingencies may be undesirable or other buyers may have more attractive financing requirements. The other party has no obligation to respond to you, but your real estate agent can reach out to learn their motivation for declining your proposal.

Real Estate Agent 69

Real Estate Agent Sellers Inspection Real Estate 69

Will Springer Realtor

OCTOBER 19, 2021

About 13% of appraisals came in below the contract price this August, the most-recent available data, according to housing-research firm CoreLogic. housing market is 7% of all mutually accepted contracts. Discuss price with your agent before listing. He/she has access to the same house keys as real estate agents.).

Contracts 41

Contracts Appraisal Sellers Real Estate Agent 41

Cleveland Appraisal Blog

AUGUST 20, 2021

That way of measuring the market can lead to an opinion of value that is in the ballpark of a home’s market value. Often, homeowners, agents, and others base their value opinions on square footage obtained from public records, usually because it’s free and, in most areas, available to the public.

Appraisal 263

Appraisal Market Value Contracts Agents 263

McKissock

JULY 6, 2022

One of the main responsibilities of a real estate agent is to effectively organize all the competing interests of a transaction (or pieces of the jigsaw puzzle). Most agents quickly realize that “coordinating the chaos” is a major part of their role in a given transaction. As agents, we know better.

Clients 87

Clients Real Estate Contracts Sellers 87

Appraisal Today

APRIL 26, 2024

However, there are six other types of real estate transactions that you need to know about so you can specify these sale types in your appraisal report as they can affect the market value of the property. Therefore, the final price may not reflect the market value of the property. percent from 7.13

Appraisal 77

Appraisal Real Estate Real Estate Agent Contracts 77

Birmingham Appraisal

SEPTEMBER 26, 2023

The market area that the property is located in can definatley support the price but does the price truely reflect the market value of that specific property or does it reflect what a super motivated buyer with available funds is willing to pay? They are, after all, real transactions that have taken place within the market.

Real Estate Agent 86

Real Estate Agent Real Estate Clients Agents 86

Hank Miller Team

DECEMBER 14, 2022

The typical real estate agent doesn't dabble, they will do whatever necessary to secure their commission. Home Sellers & Appraisers When an owner decides to list, their first move to solicit a real estate agent. Doesn’t usually happen, so then agents push price reductions. More on Karen later.

Appraisal 52

Appraisal Real Estate Agent Contracts Agents 52

Lamacchia Realty

FEBRUARY 21, 2023

“The Zestimate® home valuation model is Zillow’s estimate of a home’s market value. A Zestimate incorporates public, MLS and user-submitted data into Zillow’s proprietary formula, also taking into account home facts, location and market trends. What exactly is a Zestimate? via Zillow.com Are Zestimate’s Worth Looking At?

Real Estate Agent 73

Real Estate Agent Real Estate Sellers Realtors 73

Raleigh Realty

AUGUST 27, 2021

How Do I Know If My Real Estate Agent Is The Right Fit For Me? Much like buying a home, choosing a real estate agent is not something that should be taken lightly. So what are some of the ways you can go about finding a real estate agent? What Are My Total Costs?

Real Estate Agent 78

Real Estate Agent HOA Real Estate Agents 78

Cleveland Appraisal Blog

AUGUST 11, 2022

Talking to your real estate agent or appraiser is also helpful to get a professional’s point of view. Although you probably won’t be able to sell your home at its actual market value, you will also save a lot of time and money. For some homeowners, this might be a completely legitimate option.

Renovations 221

Renovations Buyers Appraisal Investing 221

Birmingham Appraisal

FEBRUARY 8, 2023

Not really, and today I’m going to explain the differences between several different types of appraisals that could mean the difference between a home appraising for contract price or not. For the record, I will state that the goal of every appraisal is to estimate the market value of a home, usually for lending purposes.

Realtors 77

Realtors Appraisal Market Value Real Estate Agent 77

Eppraisal

DECEMBER 20, 2022

Part 1 of our next two posts will dissect the real estate transaction from the buyer's perspective. Finding experienced and well-qualified real estate professionals will make the process much smoother. Often times, agents will specialize in working with those looking to either buy or sell.

Real Estate 36

Real Estate Buyers Inspection Real Estate Agent 36

McKissock

OCTOBER 3, 2021

As a wholesaler, you need to find a property for sale, acquire a contract from the seller, identify a buyer, and assign the contract to him or her. The only costs you have to cover are those for finding a property for sale and for marketing the property to interested buyers. What about rental properties?

Investing 87

Investing Real Estate Real Estate Agent Realtors 87

D Fritz Appraisals

FEBRUARY 22, 2023

It represents the difference between what they owe on their home and its current market value. Using equity to buy a second home can be attractive for those looking for additional real estate investments. We have provided reliable real estate lending, sales, and appraisals for four decades in Victoria, BC.

Real Estate 124

Real Estate Investing Appraisal Market Value 124

Appraisal Today

JANUARY 19, 2024

An example of this in real estate appraisal is the purchase and sale contract. When a property goes under contract, that is an excellent sign of what the buyer and seller conclude the property is worth. In and of itself, it is not market value. Some appraisers use postcard marketing to bail bond agents.

Appraisal 74

Appraisal Contracts Real Estate Architecture 74

Hank Miller Team

NOVEMBER 22, 2022

In fact, some real estate agents would also benefit from a reminder about their respective roles. What is a Real Estate Appraisal? In brief (operative word), an appraisal is an estimate of the current market value of a home completed by an appraiser using set evaluation criteria.

Inspection 52

Inspection Appraisal Buyers Sellers 52

Birmingham Appraisal

SEPTEMBER 15, 2022

Banks are typically absolved from discrepancies between the amount they lend and the true market value of the home meaning that they will not be held responsible to the buyer. The appraiser is given the contact information, which is usually the real estate agents involved, to schedule the appointment and gain access to the property.

Appraisal 90

Appraisal Inspection Appraisal Process Real Estate Agent 90

AmeriMac

JANUARY 19, 2021

A low appraisal can cause the cancellation of sales contracts because a lender won’t approve mortgages higher than a home’s value. Here what you should do is sit down with your real estate agent and review the homes your appraiser deemed similar. But the good news is you can challenge a bad appraisal.

Appraisal 36

Appraisal Real Estate Agent Market Value Real Estate 36

Rowe Appraisal Group

MAY 6, 2020

This blog post goes out to all the Realtors who have had a deal fall through because the appraised value was below the contract price. Some of you may even had multiple offers with most of them were even above the appraised value. Is the contract price above list price? Absolutely they are! Email him the offers.

Realtors 36

Realtors Appraisal Contracts Real Estate Agent 36

Rowe Appraisal Group

MAY 6, 2020

This blog post goes out to all the Realtors who have had a deal fall through because the appraised value was below the contract price. Some of you may even had multiple offers with most of them were even above the appraised value. Is the contract price above list price? Absolutely they are! Email him the offers.

Realtors 36

Realtors Appraisal Contracts Real Estate Agent 36

Portland Appraisal Blog

APRIL 14, 2019

You’re a real estate agent and after a lot of back-and-forth, give-and-take, offers and counteroffers, you’ve helped your client negotiate a sweet price for their home. All the work getting the property ready for listing, the extensive marketing, the numerous showings, the sometimes tedious offer evaluations has paid off.

Appraisal 78

Appraisal Reconsideration of Value Agents Market Value 78

Appraisal Today

MAY 17, 2024

I always do market conditions adjustments (or explain why not) and for views and other factors that significantly add to value. I also interview agents to see what they say. Not for a number, but about marketability. from 0.65 (including the origination fee) for 80 percent loan-to-value ratio (LTV) loans.

Tools 54

Tools Appraisal Renovations Design 54

D Fritz Appraisals

MARCH 16, 2021

Whether you’re selling, refinancing, dividing assets, settling an estate, or determining capital gains on an income property , it pays dividends to be prepared for your home appraisal. The benchmark for your home’s worth, an appraisal is a legal document that determines the fair market value of a property.

Appraisal 126

Appraisal HOA Easement Valuation 126

Town & Country Residential Appraisals

JUNE 6, 2022

When making a decision to contract just about anyone to perform a service, one of the most important qualifiers for most is the experience one brings to the table. It works the same with performing real estate appraisals. We have the experience that matters!

Real Estate 50

Real Estate Real Estate Agent Valuation Appraisal 50

Appraisal Today

OCTOBER 20, 2023

Not all non-lender appraisals require a long time marketing to real estate agents. I give you the details on how to do them and lots of marketing tips. Savvy listing agents will highlight those trending, in-demand features when marketing a home for sale.” You know how to appraise.

Appraisal 72

Appraisal Design Contracts Inspection 72

Zillow

JULY 15, 2019

A closing is usually attended by the buyer, the seller, both real estate agents and the lender. Closing of escrow is the responsibility of the escrow agent. Comps : Or comparable sales, are homes in a given area that have sold within the past six months that a real estate agent uses to determine a home's value.

Real Estate Agent 56

Real Estate Agent Insurance Inspection Buyers 56

Town & Country Residential Appraisals

SEPTEMBER 26, 2022

But did you know there are a number of other reasons you should be contracting an appraiser to perform a professional valuation on your property? My experience in completing appraisals for properties that have been sold without the professional expertise of a real estate professional is that the selling price is often lower than the value.

Appraisal 50

Appraisal Renovations Real Estate Valuation 50

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

AmeriMac

DECEMBER 15, 2021

That’s why appraisal creep is such an issue for everyone – by artificially inflating the fair market value of a home, people end up spending more money than they should on a house that isn’t worth nearly as much as they think it is. One recent study illustrated just what a significant issue this has become.

Real Estate 36

Real Estate Appraisal Market Value Contracts 36

AmeriMac

DECEMBER 15, 2021

That’s why appraisal creep is such an issue for everyone – by artificially inflating the fair market value of a home, people end up spending more money than they should on a house that isn’t worth nearly as much as they think it is. One recent study illustrated just what a significant issue this has become.

Real Estate 36

Real Estate Appraisal Market Value Contracts 36

Appraisal Today

JANUARY 20, 2023

Chance to really irritate annoying real estate salespeople. Spend hours writing volumes of supporting documentation to justify the market value of a property you already decided on when you pulled into the driveway. What is happening in your market? This is national data. MLS info can be unreliable.

Appraisal 52

Appraisal Contracts Sellers Business 52

Appraisal Today

APRIL 2, 2023

What Do Appraisers Look For in a Sales Contract? Why must an appraiser be given a copy of the sales contract? That’s the real reason why—because USPAP says so. Richardson, a real estate agent, attorney, and co-founder of Richardson, Ober, DeNichilo. Answers a lot of appraiser questions. one year earlier.

Contracts 52

Contracts Appraisal HOA Architecture 52

Appraisal Today

JUNE 17, 2022

NOTE: Please scroll down to read the other topics in this long blog post on real estate market, USPAP and contracts, unusual homes, mortgage origination stats, etc. ==. My Comments on Market Changes. USPAP and the Contract. Excerpt: But USPAP and the contract have a very unique relationship.

Appraisal 52

Appraisal Contracts Real Estate Mortgage 52