Housing Wire

NOVEMBER 12, 2021

A National Association of Realtors (NAR) committee head recommended Friday that the federal standards governing real estate appraisals loosen up. Namely, appraisers should no longer have to partake in a two-year apprentice program as part of their licensing process. Francois Gregoire, an appraiser in St.

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Real Estate Agent Real Estate Valuation Appraisal 370

Housing Wire

JULY 12, 2022

Luke Tomaszewski, an appraiser doing home inspections in the aftermath of the housing bust, was traveling as much as an hour across Chicago just to snap exterior photos of bank-owned properties. At $50 to $100 per inspection, according to ProxyPics, it’s certainly less expensive than sending an appraiser. Made to order.

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Appraisal Inspection Real Estate Agent Training 410

Housing Wire

MAY 17, 2024

In just the past year, the Department of Justice has called for a full dislocation of real estate agent commissions between sellers and buyers, and new appraisal bias protections have been set up.

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Lending Real Estate Agent Contracts Government 407

Housing Wire

JANUARY 17, 2024

Mortgage Matchup will continue to be a consumer-facing website focused on homebuyers and real estate agents and offer educational material around the home buying and refinancing processes, along with a database of independent mortgage brokers near them, said UWM in a news release Wednesday.

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Mortgage Real Estate Agent Modernization Retail 420

The Appraiser Coach

MARCH 19, 2024

As a real estate investor, I have the opportunity to rub shoulders with all kinds of people, even other appraisers on occasion. With a recent house purchase in another state, I got a call from the appraiser of this property as he was planning a visit out there. To get the mix just right, you need a little bit of both.

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Appraisal Clients Real Estate Business 195

Housing Wire

JANUARY 10, 2024

The study, CFA’s third of three on this topic, suggests that a significant portion of agents in the U.S. It relies on examinations of agents’ sales for five major real estate firms in each of four geographic areas; out of a sample of 2,000 agents, 100 were selected randomly from each firm in each area.

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Agents Real Estate Real Estate Agent Training 430

Housing Wire

FEBRUARY 12, 2024

The CE Shop offers convenient online real estate courses in 45 states, and these can be completed at your own pace. In business for close to two decades, The CE Shop offers real estate exam prep, continuing education, and broker licensing courses, plus programs for prospective mortgage and appraisal professionals.

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Real Estate Agents Design Real Estate Agent 396

Housing Wire

DECEMBER 30, 2020

Rodman Schley was selected to become the next president of the Appraisal Institute (AI) beginning Jan. 1, succeeding appraiser Jefferson Sherman, according to the trade organization. Due to the effects of COVID-19, mortgage giants Fannie Mae and Freddie Mac have significantly relaxed appraisal standards.

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Appraisal Real Estate Agent Valuation Finance 225

Housing Wire

JANUARY 11, 2021

Rocket Homes Real Estate , a real estate affiliate of Rocket Companies , is being investigated by the Consumer Financial Protection Bureau (CFPB) for possibly violating the Real Estate Settlement Procedures Act (RESPA) when it charged fees for referring Quicken’s mortgage clients to real estate agents, according to officials.

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Real Estate Agent Real Estate Brokerage Law 407

Appraiserblogs

MARCH 30, 2022

This is an analysis of Freddie Mac’s misleading and basically defamatory paper on Appraisal Gap. When government related entities release misleading information like this they are attacking and defaming real estate appraisers. It has nothing to do with appraisals. More great research from AEI.

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Appraisal Real Estate Agent Real Estate Government 123

Cleveland Appraisal Blog

FEBRUARY 7, 2023

Just in case you weren’t aware, real estate brokers in some states, like Ohio, are now required by law to show you the home’s interior living space. To achieve that, you must demonstrate to the local government that that’s the case. One is putting your home on the market.

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Real Estate Agent Property Taxes Real Estate Appraisal 295

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. I have done a lot of estate appraisals.

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Appraisal Real Estate Real Estate Agent Contracts 80

Miller Samuel

NOVEMBER 30, 2018

My friend and appraisal colleague Ryan Lundquist and I authored a petition on change.org to point out the growing wreckless behavior that is enveloping the mortgage process. There’s a proposal from the FDIC, Federal Reserve, and Treasury Department not to require appraisals for some mortgages under $400,000.

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Appraisal Inspection Real Estate Agent Agents 300

Housing Wire

APRIL 14, 2023

The answer is a combination of real estate developers, brokers, investors, agents and property owners — the overwhelming majority of whom are white. For generations, real estate ownership in the U.S. More wealth is created and transferred across generations through real estate than almost any other asset.

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Real Estate Law Development Business 364

Housing Wire

APRIL 21, 2021

The regulator is also advancing permanent changes to be made in the appraisal space. The government agency also said it plans to retire all temporary selling flexibilities on May 31, 2021. . According to the FHFA, hybrid appraisals would increase coverage for rural markets and high-volume areas where time becomes a greater issue.

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Real Estate Agent Valuation Appraisal Modernization 397

Raleigh Realty

MARCH 29, 2021

Buying a Home As a Government Employee Are you a government employee preparing to buy a home? With the right resources, you can ensure a successful investment and one in which you may save tens of thousands of dollars thanks to being a government employee. Who Is a Government Employee?

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Government Real Estate Agent Insurance Property Taxes 148

Housing Wire

FEBRUARY 7, 2023

It essentially allows qualified buyers with a government loan to purchase a home by assuming responsibility for the sellers’ mortgage terms, including the current balance and interest rate. The fees are typically lower than in new loans, and no appraisal is needed. In fact, it was fairly common a few decades ago.

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Mortgage Loan Officers Government Buyers 382

The Appraiser Coach

DECEMBER 5, 2023

I had gone over to do an inspection for him, and we got to talking about how he had had another guy come through earlier to do an appraisal of his home. To make a long story short, this man felt like the first appraisal had come in lower than it should have. Real-estate agents, homeowners, appraisers – we’re all human.

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Real Estate Agent Inspection Appraisal Appraisal Process 150

The Appraiser Coach

DECEMBER 14, 2021

Can you do a rental schedule on a property that you have not appraised? This was a question recently asked in my closed Facebook All-Stars group. Within this private group, Read More.

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Appraisal Advertising Real Estate Agent Government 370

Housing Wire

MARCH 1, 2022

Later in 2020, eOriginal was acquired by Wolters Kluwer for $280 million in cash and continues to operate within the Wolters Kluwer Governance, Risk & Compliance business. This isn’t a new story in mortgage lending or real estate brokerage. Real estate is local. Tech100 Real Estate Winners.

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Real Estate Brokerage Real Estate Agent Technology 361

The Appraiser Coach

MAY 18, 2021

It is no secret that we as appraisers take a lot of photos. I probably take about 20-25 per house that I inspect. Then there are all the comp photos. Read More.

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Appraisal Inspection Advertising Real Estate Agent 397

The Appraiser Coach

MARCH 12, 2021

Many appraisers work out of our homes, not interacting with office staff or other appraisers. Even when we’re out, we’re still doing work-related tasks like shooting pictures and doing inspections. Read More.

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Appraisal Inspection Advertising Real Estate Agent 369

CA Realty Training

JULY 12, 2021

As a real estate agent, you will encounter the terms ‘law of eminent domain’ or ‘eminent domain’ in real estate. Eminent domain is the government’s right to expropriate private property for public use. The process of eminent domain starts when the government or agency has a public interest project.

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Real Estate Market Value Real Estate Agent Government 69

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?

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Real Estate Appraisal Property Appraisal Valuation 60

Housing Wire

DECEMBER 21, 2023

Unfortunately, too many misconceptions persist among real estate and even mortgage industry professionals about the VA home loan, and those misconceptions have big (and negative) impacts. MYTH: The appraisal process for VA loans is more stringent and difficult than conventional loans. Who is eligible?

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Mortgage Renovations Appraisal Process Finance 441

Housing Wire

MARCH 5, 2024

Typically, the fees are lower than those for new loans and no appraisal is needed. Roam acts as a facilitator, synchronizing all stakeholders involved in the assumption process, including real estate, title and escrow agents, attorneys, and the buyer and seller themselves. How do you help real estate agents?

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Mortgage Buyers Agents Real Estate Agent 432

The Appraiser Coach

JULY 20, 2021

As appraisers we often wear at least two different hats. You have heard me talk about the business owner cap versus the technician cap. While we often play both roles, Read More.

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Appraisal Business Advertising Real Estate Agent 370

The Appraiser Coach

NOVEMBER 2, 2021

As an appraiser, you’re a real estate professional and you are in the business of valuing property. Inevitably, at some point in your career, you’re going to make another real. Read More.

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Realtors Real Estate Business Appraisal 360

McKissock

JANUARY 6, 2023

How about one for you and your appraisal business? Most of us are fee appraisers who work independently. Our opportunity is time—it’s time to take stock of where we are and perhaps consider diversification or an alternative appraisal career. Here are a few ideas for transforming your appraisal career in 2023.

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Appraisal Training Lending Land Management 74

The Appraiser Coach

MARCH 2, 2021

As a real estate appraisal provider, it can be hard to get into the home owner’s perspective. It seems that what is important to them may not directly translate into. Read More.

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Real Estate Appraisal Inspection Advertising 370

Housing Wire

OCTOBER 1, 2021

It is hot, hot, hot here,” Clay Winder, a real estate agent for Keller Williams Westfield , said. In the spring and early summer of 2021, many of the real estate professionals that spoke to HousingWire said it was not uncommon to receive 20-30 offers on a property within a few days of it coming on the market.

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Housing Market Marketing Agents Real Estate 421

Appraisal Today

AUGUST 18, 2023

7 Must-Have Apps for Appraisers By: McKissock Excerpts: 1. Dragon is very well-liked among appraisal professionals, making it number one on our list of must-have apps for appraisers. Genius Scan This app gets a lot of love from appraisers. Dragon has been around a long time and is popular with commercial appraisers.

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Appraisal Contracts Inspection Real Estate 78

Appraisal Today

MARCH 15, 2024

How To Appraise Rural Properties Excerpts: Appraising residential properties in rural areas can be both challenging and rewarding. Whether you’re a seasoned appraiser or new to the field, having a better understanding of rural properties is essential for providing credible appraisals. Well written.

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Appraisal Inspection Modernization Business 72

The Appraiser Coach

APRIL 13, 2021

Some people might say a public forum isn’t the place to air this dirty laundry, but this is not really a public forum. Of my thousands of readers, very few. Read More.

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Appraisal Inspection Advertising Real Estate Agent 370

Miller Samuel

JUNE 28, 2020

New York State “Shelter in Place” rules prevented the in-person showing of a property by a real estate broker. While I have been a real estate appraiser and market analyst for 35 years, I dipped my toe into real estate as a sales agent in Chicagoland for six months in the mid-1980s.

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Housing Market Marketing Real Estate Sellers 221

Realtor

APRIL 14, 2021

This is creating bidding wars, offers over asking, and appraisal gaps—houses are going quickly,” says Shanon Schinkel , branch manager and mortgage lender at Homebridge Financial Services. But there are still many great opportunities if you’re patient and have a great real estate agent and lender.”.

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Mortgage Real Estate Agent Buyers Real Estate 159

Housing Wire

NOVEMBER 1, 2023

In metros across the country, decade after decade, pre-internet and post-internet, buyer agents almost always get 2-3% of the sale price, paid by the seller, the researchers note. and relied on salaried agents rather than commission-paid agents, who typically cost sellers 5-6%. One of the researchers, Will Fried, had a hunch.

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Clients Agents Buyers Sellers 431