Housing Wire

MARCH 1, 2023

The API integration will allow lenders to bring product offerings to open houses, allowing them to engage borrowers “earlier in the lifecycle,” and will also enable lenders to better support co-marketing partners like real estate agents and loan officers.

Real Estate Agent 287

Real Estate Agent Technology Open Houses Loan Officers 287

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 89

Agents Appraisal Real Estate Agent Bracketing 89

Housing Wire

AUGUST 31, 2023

The pile of lawsuits facing Gary Keller and the real estate firm he co-founded, Keller Williams , just got larger. According to the filing, after the franchisees signed a contract, the defendants then required franchisees to adopt KWRI’s present market cap, which is the fee agents pay their market centers.

Contracts 394

Contracts Brokerage Business Training 394

Cleveland Appraisal Blog

MAY 13, 2021

But how do rainbows relate to real estate transactions? In a real estate transaction, everyone has a different view. Real estate agents have a view of what the home should be listed for, based upon their research and experience. This is the strongest seller’s market I have ever seen.

Market Value 298

Market Value Contracts Appraisal Buyers 298

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 407

Inventory Real Estate Agent Investors Market Value 407

PennyMac

JULY 20, 2021

Whether you are buying or selling a home, your real estate agent will be your partner through one of the most significant transactions of your life. Finding the right agent should involve careful planning and research, but many of us just don’t know where to start. How long have you been working as a real estate agent?

Real Estate Agent 69

Real Estate Agent Real Estate Agents Sellers 69

Appraisal Buzz

AUGUST 16, 2021

Fannie Mae defines market value in part as “the most probable price that a property should bring…” Thus, probability is the very foundation of the most common definition of market value. In other words, why are appraiser estimating market value below the contract price so often?

Market Value 448

Market Value Buyers Appraisal Sellers 448

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

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

Realtor

MAY 17, 2023

While it’s certainly true that you can let go of the anxiety of needing to show your home at any moment, you still need to cooperate with your buyer, the buyer’s agent, and the commitments made in the contract. Once the contract has been signed, a seller can’t renegotiate the price higher.

Sellers 142

Sellers Inspection Contracts Property Taxes 142

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

Eppraisal

DECEMBER 20, 2022

Whether you are a home buyer or seller, the real estate transaction can sometimes be tricky to navigate. 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.

Real Estate 36

Real Estate Buyers Inspection Real Estate Agent 36

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

Realtor

OCTOBER 29, 2020

Most purchase agreements have contingencies —things that buyers must do before the real estate transaction is official, explains Jimmy Branham , a Coral Springs, FL, real estate agent at the Keyes Company. As the home buyer of this piece of real estate, you’re entitled to choose the title company.

Buyers 208

Buyers Inspection Contracts Real Estate Agent 208

McKissock

JULY 6, 2022

Real estate transactions are similar to putting together a jigsaw puzzle. 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). Setting and Managing Client Expectations for Your Real Estate Transactions.

Clients 87

Clients Real Estate Contracts Sellers 87

The Robert Weiler Company

OCTOBER 21, 2022

Feeling a bit overwhelmed by the thought of a commercial real estate appraisal? The process can be daunting, especially if you’ve never engaged in an appraisal for commercial real estate before. Question 1: What is a commercial real estate appraisal? So, why do you need a commercial real estate appraisal?

Real Estate 60

Real Estate Appraisal Property Appraisal Valuation 60

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

Empire Appraisal Group

JULY 1, 2021

5 Appraisal Topics Every Agent Should Know. Source: 5 Appraisal Topics Every Agent Should Know | Realtor Magazine. Appraisers are an integral part of the real estate sales process. Agents can also explain why some sales are not comparable. Don’t tell the appraiser your client needs a certain value, for example.

Agents 78

Agents Appraisal Real Estate Realtors 78

Appraisal Today

APRIL 26, 2024

What Does Arm’s Length Mean in Real Estate? The 7 Sale Types Explained Excerpts: An arm’s length sale – a sale in which the buyers and sellers act independently and in their own self-interest is the most common type of real estate transaction. Therefore, the final price may not reflect the market value of the property.

Appraisal 76

Appraisal Real Estate Real Estate Agent Contracts 76

Birmingham Appraisal

SEPTEMBER 26, 2023

Real estate professionals use a mix of data analysis, market knowledge, and professional judgment to determine a property’s value or list price. Some people will say that it is market value because you have a willing buyer and a willing seller. Should Outlier Sales Be Used When Pricing a Listing?

Real Estate Agent 89

Real Estate Agent Real Estate Clients Agents 89

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

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. In addition, selling as-is is the norm in some real estate markets. Real estate investors also prefer homes that require repairs because they can renovate the property themselves and flip it afterward.

Renovations 221

Renovations Buyers Appraisal Investing 221

McKissock

OCTOBER 3, 2021

Mashvisor provides a real estate analytics tool that helps real estate investors quickly find traditional and Airbnb investment properties. . One of the best aspects of real estate investing is the variety of options that you can choose from. Wholesaling real estate as an investment strategy.

Investing 87

Investing Real Estate Real Estate Agent Realtors 87

Appraiserblogs

OCTOBER 27, 2023

The deep pockets… Appraisers Pressured to Inflate Values Based on Race The real estate appraisal industry has long been subject to pressure from various sources, such as lenders, borrowers, and agents.… Racial Bias in Real Estate: Is it the Appraisers’ Fault?

Appraisal 127

Appraisal Real Estate Agents Contracts 127

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

Will Springer Realtor

FEBRUARY 1, 2022

Savvy sellers can generate a surge of buyer activity when listing the property slightly below market value with a review date. It’s essentially a win-win scenario for sellers in today’s real estate environment. A good listing agent will keep buyers/brokers informed of the possibility of an accepted early offer.

Real Estate 36

Real Estate Sellers Buyers Legal 36

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

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. From Dave Towne: Over the years, many appraisers have reported being blacklisted by real estate agents and even mortgage brokers.

Appraisal 82

Appraisal Real Estate Agent Contracts Real Estate 82

Appraisal Today

JANUARY 19, 2024

Unfortunately, because there has been no organized and concentrated pushback from any real estate appraisal industry sector, the scenario of our opponents, as false as it is, is gaining traction. In addition, real estate appraisals must rid itself of the language and any practices that suggest bias in the appraisal process.

Appraisal 73

Appraisal Contracts Real Estate Architecture 73

Cleveland Appraisal Blog

SEPTEMBER 30, 2022

Have you ever read a real estate appraisal report? Each section should contribute a little to the overall story of the value of the home being appraised. This first section of the report discusses some of the positive and negative aspects of a neighborhood that may impact market value. APPRAISAL REPORTS.

Appraisal 342

Appraisal Development Market Value Clients 342

D Fritz Appraisals

FEBRUARY 22, 2023

Home equity is like having money in the bank, but it’s tied up in your real estate. 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.

Real Estate 124

Real Estate Investing Appraisal Market Value 124

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

Birmingham Appraisal

NOVEMBER 14, 2023

I often get asked by agents about the best way to find comparable sales when pricing a listing. Agents and appraisers are not that different in their desire to determine an accurate market value for a property. The quality of local schools is a significant factor influencing property values.

Market Value 88

Market Value Agents Appraisal Bracketing 88

Realtor

OCTOBER 29, 2020

Most purchase agreements have contingencies —things that buyers must do before the real estate transaction is official, explains Jimmy Branham , a Coral Springs, FL, real estate agent at the Keyes Company. As the home buyer of this piece of real estate, you’re entitled to choose the title company.

Buyers 78

Buyers Inspection Contracts Real Estate Agent 78

Cleveland Appraisal Blog

JUNE 17, 2022

When developing an opinion of the market value of a property, what appraisers are really measuring is how much depreciation a property has suffered from, and more specifically how much depreciation the improvements on the land have depreciated. Buyers gaining power & farewell real estate honeymoon – Sacramento Appraisal Blog.

Appraisal 279

Appraisal Development Market Value Tenants 279