Housing Wire

JUNE 10, 2021

While a real estate agent’s commission is one of the most expensive costs, it definitely isn’t the only one. From staging fees, home improvements, repairs and seller concessions, there are several hidden costs involved in the selling process. Real Estate Commission. Seller Concessions. Staging Costs.

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Sellers Real Estate Agent Real Estate Decorating 546

East Coast Appraisal

MAY 24, 2023

While trying to buy a home, you may have found out that some lenders require their borrowers to have an appraisal and/or an inspection completed. Some lenders may only require an appraisal and leave the decision about an inspection up to you. Home appraisals are a way to determine the value of the home.

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Inspection Appraisal Sellers Buyers 52

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

Birmingham Appraisal

JUNE 13, 2023

Appraisal Tips For Real Estate Agents As a real estate appraiser with over 30 years of experience, I have seen many changes and challenges in the appraisal profession and the real estate market. This will help establish rapport and trust with the appraiser.

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Real Estate Agent Real Estate Agents Reconsideration of Value 78

Housing Wire

SEPTEMBER 30, 2021

Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. This is sick, and I want it to end,” said Sharon Aubuchon, a RE/MAX Premier Realty agent in Prairie Village, Kansas a suburb of Kansas City. Kansas City, Missouri.

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Housing Market Marketing Real Estate Agent Loan Officers 370

Hank Miller Team

NOVEMBER 22, 2022

Appraisers and home inspectors are important parts of a real estate transaction, but they serve completely different purposes. There are significant differences between an appraisal and a home inspection, it’s best for every home buyer to become familiar with the purpose of each. What is a Real Estate Appraisal?

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Inspection Appraisal Buyers Sellers 52

Housing Wire

APRIL 8, 2021

First, the pre-approval letter tells the seller that you are serious about buying a home and that you have a commitment from a reputable lender on how much it will lend to you. Another seller’s home may need repairs, and you put in your offer the need for a seller credit to pay for them. In an extremely competive market?

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Inspection Sellers Buyers Tools 441

Housing Wire

DECEMBER 8, 2023

Help them write a winning offer Understand what the seller is desiring beyond the asking price. Guide them through escrow Once you’ve won the offer, help your clients through the contingencies, inspections, the appraisal process and the final walk-through. This can be a key value you provide to your buyer clients.

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Clients Real Estate Inspection Buyers 431

Housing Wire

APRIL 13, 2021

Rapidly accelerating home prices come with a variety of challenges for lenders and real estate agents, including one of the biggest pain points right now — the appraisal gap. Garrett said aside from cash buyers, he also has clients who have money to offset any appraisal gap.

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Housing Market Buyers Marketing Real Estate Agent 534

D Fritz Appraisals

AUGUST 11, 2022

A remote buyer can rely on an experienced real estate agent or broker to find the best property and receive their own personal virtual tour of the home via a video chat app. It’s a good idea to hire an experienced real estate agent who knows the area well. Both parties sign the contract. Congratulations!

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Real Estate Agent Inspection Real Estate Sellers 120

Realtor

JULY 13, 2021

In our current seller’s market, the national inventory of active listings is down 43.1% They’re making sky-high offers and writing heartfelt letters to sellers about why they should get the house. Contingencies, in the world of real estate, are essentially conditions that must be met to finalize the sale of a home.

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Inspection Real Estate Agent Real Estate Buyers 203

Eppraisal

OCTOBER 26, 2021

Buyers are pulling many different strings in order for their offers to be accepted including offering sellers significantly above list prices. They are also offering to meet the sellers' closing dates or to purchase the homes "as is." Some are waiving appraisals and others are even offering to waive inspection contingencies.

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Inspection Buyers Real Estate Agent Contracts 69

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.

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Agents Appraisal Real Estate Agent Bracketing 86

Realtor

AUGUST 7, 2019

William_Potter/iStock Even if you’re new to this whole selling-a-house thing, chances are good you’ve heard of a home appraisal. And if you know just a little about the process, you know that the appraisal—a value put on your home by an objective third-party expert—can make or break your home sale.

Sellers 111

Sellers Appraisal Market Value Real Estate Agent 111

Birmingham Appraisal

AUGUST 23, 2023

How Can Appraisers and Agents Work Together? In the often chaotic world of real estate, the appraiser-agent relationship can contribute to a smoother process. There are many areas that appraisers and agents can inform and educate one another so that each of their jobs is done more successfully.

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Agents Appraisal Valuation Appraisal Process 82

Birmingham Appraisal

SEPTEMBER 15, 2022

What New Homebuyers Need To Know About Appraisals. In this new homebuyer’s guide to appraisals, I’ll help you understand the process during your first home purchase. I would like to do my part by informing and educating you on the appraisal part of the transaction. What is a Mortgage Appraisal?

Appraisal 90

Appraisal Inspection Appraisal Process Real Estate Agent 90

AmeriMac

DECEMBER 30, 2023

Understanding the process and implications of these appraisals is crucial for both homebuyers and sellers. This post will cover everything you need to know about REO appraisals. We will also discuss what happens if an REO appraisal is low and how it impacts property value.

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Real Estate Appraisal Inspection Appraisal Process 36

Housing Wire

MAY 31, 2021

A simple mistake could drastically slow down the process and frustrate lenders, home buyers and sellers. Black Knight’s REvolution suite provides appraisers and other valuation professionals with a seamless appraisal process from property inspection to report delivery.

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Inspection Valuation Real Estate Real Estate Agent 200

Realtor

APRIL 7, 2021

But if you make an offer that’s accepted and you’ve moved onto the home appraisal step in the process, you might be shocked to find out that the appraiser ‘s square footage is different from what’s on the listing. Why your square footage on an appraisal differs from the listing. What gives?

Appraisal 131

Appraisal Real Estate Agent Real Estate Agents 131

Appraisal Today

SEPTEMBER 22, 2023

NAR Member Survey on Data Collectors Excerpts: In May 2023, NAR surveyed its members pertaining to data collectors in the appraisal process. Survey respondents Sales agents accounted for the largest proportion, with 45% of participants holding this license. To me, the big issue is who is doing the inspections.

Appraisal 86

Appraisal Training Inspection Real Estate 86

Realtor

AUGUST 7, 2019

William_Potter/iStock Even if you’re new to this whole selling-a-house thing, chances are good you’ve heard of a home appraisal. And if you know just a little about the process, you know that the appraisal—a value put on your home by an objective third-party expert—can make or break your home sale.

Sellers 78

Sellers Appraisal Market Value Real Estate Agent 78

Eppraisal

OCTOBER 23, 2023

The seller can reject your bid, make a counteroffer or accept your original proposal. Your response depends on how the seller replies. If the Seller Rejects Your Offer The seller may deny your home purchase offer for various reasons. Your offer will only become legally binding if the seller signs it.

Real Estate Agent 69

Real Estate Agent Sellers Inspection Real Estate 69

Raleigh Realty

AUGUST 17, 2021

It's important to note that real estate contracts and laws change depending on what state you are in. We help folks looking to buy or sell homes in the Raleigh area and many of our articles are geared towards helping keep people informed so that you can have a successful real estate transaction.

Real Estate 148

Real Estate Real Estate Agent Contracts Inspection 148

D Fritz Appraisals

JANUARY 8, 2022

The Rise of Drones in the Canadian Real Estate Industry. Using drones for real estate photography is a topic that drew a lot of chatter in the early 2010’s as a hotly debated topic among real estate agents. What is Drone Photography? What About Satellite Imagery?

Real Estate 88

Real Estate Appraisal Inspection Real Estate Agent 88

Birmingham Appraisal

SEPTEMBER 28, 2022

As a buyer, seller, or real estate agent involved in a sales transaction it’s important to be aware of changes in how things are done that may affect you. One of these changes is the use of the hybrid appraisal by lenders. What Is A Hybrid Appraisal? Things To Consider With Hybrid Appraisals.

Appraisal 59

Appraisal Property Inspector Training Real Estate Agent 59

Realtor

APRIL 7, 2021

But if you make an offer that’s accepted and you’ve moved onto the home appraisal step in the process, you might be shocked to find out that the appraiser ‘s square footage is different from what’s on the listing. Why your square footage on an appraisal differs from the listing. What gives?

Appraisal 78

Appraisal Real Estate Agent Real Estate Agents 78

Realtor

SEPTEMBER 29, 2021

It's a seller's market, but not everything you hear about buying a home today is true. We asked real estate agents to weigh in on some homebuying myths. The post 6 Things People Say About Buying a Home Today That Actually Aren’t True appeared first on Real Estate News & Insights | realtor.com®.

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Real Estate Agent Real Estate Sellers Agents 212

Movoto

APRIL 12, 2024

Completing the offer process: 2 weeks Assuming you’ve found a house you like and a realtor you plan to work with, with a mortgage pre-approval on hand, your real estate agent can send your purchase offer to the seller. The back-and-forth on the offer process can vary extensively. have been thoroughly discussed.

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Inspection Real Estate Agent Realtors Sellers 36

Raleigh Realty

FEBRUARY 24, 2022

." This is never a great feeling though there is likely a better home waiting for you that you have not come across, or is possibly not even listed for sale yet As you search for that home of your dreams on various real estate websites, you'll likely encounter a wide range of different statuses depending on the listing. "Under

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Contracts Real Estate Sellers Real Estate Agent 147

Cleveland Appraisal Blog

DECEMBER 2, 2021

One appraiser reports a driveway to be two cars in size. It really depends on how the appraiser is looking at it. WHAT MOST APPRAISERS REFLECT. Most appraisers reflect the width of the driveway. If the appraiser is reporting the width, this can lead to other questions. They may all be correct!

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Appraisal Buyers Market Value Real Estate Agent 243

Cleveland Appraisal Blog

APRIL 21, 2022

Part of our work as appraisers is to consider whether situations like this are influencing the market value of the home we are appraising. Market value, therefore, considers the entire pool of potential buyers of homes that are similar to, and that compete with the property being appraised. CRAZY NEIGHBORS. Probably not.

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Market Value Appraisal Agents Real Estate Agent 350

Appraisal Hub

MAY 17, 2023

To avoid these issues, hire an appraisal company to accurately determine your home’s value. Mistake #3: Not having a professional home appraisal Appraisal firms can determine your property’s real market value. Call 1-888-728-8482 to schedule your home appraisal or to get an estimate.

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Inspection Property Taxes Real Estate Agent Buyers 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. Therefore, you don’t have to fix or account for any issues that might be discovered in a professional home inspection issued by the buyer. You can also listen right here at Cleveland Appraisal Blog! .

Renovations 221

Renovations Buyers Appraisal Investing 221

McKissock

MARCH 8, 2022

In January 2022, Fannie Mae and Freddie Mac announced a desktop appraisal option that goes live in mid-March 2022. In various articles and opinion pieces, some claim that desktop appraisals will solve the appraiser shortage and modernize the appraisal process, while others claim that they will cause the demise of the appraisal profession.

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Appraisal Inspection Real Estate Agent Technology 88

Birmingham Appraisal

AUGUST 8, 2023

What are the Benefits of Getting a Pre-Listing Appraisal? Well, here’s a secret tip that can give you a competitive edge in the real estate market: Consider getting a pre-listing appraisal before putting your home up for sale. With a pre-listing appraisal, you gain a solid foundation for negotiation.

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Appraisal Buyers Real Estate Investing 75

Eppraisal

DECEMBER 23, 2022

Earlier this week we explored the real estate transaction from the perspective of the Buyer. We'll now dissect the entire real estate transaction from the perspective of the seller. If a buyer calls you directly or knocks on your door, refer them to your listing agent.

Real Estate 36

Real Estate Sellers Inspection Contracts 36

Eppraisal

AUGUST 26, 2022

This means that the sizzling hot seller's market will be softening up a bit. In order to maximize sales prices, sellers should follow a few strategies. Beginning now, sellers should consider listing their homes at prices closer to the sold "comparables" in their areas. In fact, home values are still rising.

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Sellers Real Estate Marketing Real Estate Agent 36