Eppraisal

SEPTEMBER 7, 2022

For the past couple years, homes have been selling fast and home values have been increasing at record-breaking rates. The inventory of listed homes on the market has been historically low. In many markets home sellers no longer have the leverage they did a few months ago.

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Cleveland Appraisal Blog

OCTOBER 14, 2021

THE RISE IN HOME PRICES IN THE YEARS LEADING TO 2008. On many of my appraisals at that time, my opinion of value would not support the contract price. Perhaps they were drinking the Kool-Aid that some are drinking today, that market value is whatever the purchase price is. He shares some excellent insights on the subject.

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Inventory Market Value Appraisal Contracts 243

Eppraisal

OCTOBER 26, 2021

This year the real estate industry is experiencing a market frenzy with a colossal amount of buyers looking for homes. The inventory of homes available is historically low. According to an article on keepingcurrentmatters.com, "A normal market's inventory sits at 6 months. We're currently at 3.7

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Eppraisal

JUNE 1, 2021

It is one of the best seller's markets the real estate industry has seen in a long time, perhaps even better than the mid-2000s. List your home for sale on the market one minute, and the next you're likely fielding offers. Home values are rising because of this. Most importantly, look at the buyer's financing.

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Real Estate Contracts Sellers Buyers 64

Eppraisal

APRIL 20, 2021

It's a sizzling, fast-paced seller's real estate market right now. Due in part to the inventory of available homes for sale being historically low, it was low at the end of 2019 and continues to drop. According to a homebuyinginstitute.com article, in February of 2021, there were fewer home for sale than in February 2020.

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Sellers Loan Officers Inventory Home Value 66

Eppraisal

JULY 8, 2022

With home values rising and buyers paying high prices for homes, title companies' roles are more important than ever. Buyers paying these high prices for homes deserve protection. In the article, What Does a Title Company Do? Both buyers and sellers pay for their parts of the title insurance policy.

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Eppraisal

JULY 27, 2022

Home sellers have been reaping the rewards as home values have risen over the past couple years. You can negotiate more than just price when selling your home. Title Fees Sellers have to pay the title company for their services and for a seller's title insurance policy.

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Real Estate Agent Real Estate Brokerage Sellers 36

Eppraisal

OCTOBER 2, 2021

The demand for homes has been and is still high, as eager buyers rush to new listings and submit offers quickly. Home prices continue to increase and sellers are reaping the rewards of quick sales. According to an article written by Danielle Hale on Realtor.com, "Homes continue to sell faster than a year ago."

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Agents Real Estate Agent Marketing Real Estate 36

Eppraisal

JANUARY 10, 2023

For example, it has been a super seller's market the past few years as home values have risen. Not only should the agent you hire know the area, but they should also understand the changing home values in the area as well. However, the market is starting to balance out in many areas. What is your commission?

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Agents Buyers Real Estate Agent Brokerage 36

Chicagoland Appraisal Blog

JULY 13, 2017

I came across a Facebook post from an appraiser friend of mine about an article written in the Chicago Tribune titled Homebuyers who pay cash win deals as appraisals derail sale in tight Chicago market. The article touches on a variety of things that I’d like to respond to such as the reference to the shortage of appraisers.

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Appraisal Marketing Realtors Real Estate 78

Eppraisal

MARCH 15, 2022

The contract states that they will use their best efforts to find a home that meets your criteria. Sellers usually pay real estate commission, and the seller’s brokerage cooperates and shares commission with the buyer’s brokerage. This of course varies from location to location across the country.

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PennyMac

SEPTEMBER 6, 2023

The home-selling process can be challenging at times. This is especially true if home sellers are trying to move quickly or are hoping to avoid costly renovations. If you’re considering selling a home as is, you can expect a couple of nice perks, yet there could be a few limitations you’ll want to be aware of.

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Renovations Inspection Sellers Buyers 36

Appraisal Today

JUNE 23, 2023

From determining asset values for financial reporting to assisting with investment analysis, property disputes, tax planning, and mortgage financing, appraisers offer a wealth of knowledge and data that accountants can rely on for accurate and informed decision-making. The models aren’t able to think like buyers and sellers.

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Appraisal Real Estate Valuation Contracts 85

Housing Wire

OCTOBER 9, 2023

There are certain differences between being a real estate professional in Illinois and other states, which we’ll look at in this article. We provide you with the most up-to-date information and insights into the latest home trends, changes in real estate, and more. Articles Sources & Helpful Links Chicago Real Estate School.

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Real Estate Agent Real Estate Agents Brokerage 414

Appraisal Today

AUGUST 4, 2023

The censorship is part of a march toward what appraiser and podcaster Phil Crawford has coined “universal basic home value” – a utopian vision among idealogues in which government technocrats dictate the supposed value of a property using algorithms and machine learning. They really help. Take charge of your business.

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Appraisal Business Contracts Real Estate 70

Appraisal Today

NOVEMBER 4, 2022

Keep them up to date in every step of the report so that they can keep the Lender (and the Buyer/Seller/Realtor/Closing Attorneys when applicable) all in the loop on the progress of the report. Is there any way to mitigate the risk and improve the property value? Building homes at a higher elevation will help. value to property.

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Reconsideration of Value Appraisal Inspection Advertising 52

Appraisal Today

APRIL 14, 2023

The degree and cost to cure becomes an issue to buyers and sellers, and a challenge for appraisers. At some point it’s no longer “normal market value minus cost to cure equals as-is value.” Lots of good, practical ideas for you in this article in the monthly newsletter! Cancel at any time for any reason! percent from 6.40

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Appraisal Bracketing Contracts Valuation 52

Hood Homes Blog

APRIL 29, 2018

Many of these tools are generally either impossible for unlicensed sellers to get ahold of or very cost and time prohibitive. Seller Tool Kit. I created a page here with the top tools and articles I’ve written for anyone considering selling a home in the Fort Hood area. Home Value. Price Estimate.

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Real Estate Agent Realtors Tools Agents 36

Appraisal Today

FEBRUARY 24, 2023

If these articles helped you save money and reduce stress, it is worth the subscription price! However, our analysis finds multiple other plausible explanations for under valuations of this magnitude such as the greater presence of first-time homebuyers or seller concessions. Cancel at any time for any reason! per month, $24.75

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Appraisal Architecture Valuation Business 52

Raleigh Realty

MARCH 26, 2022

This article will inform you of the reasons why it is beneficial to hire a buyer’s agent when buying a house. There are a lot of great reasons for getting a buyer’s agent to help you find a home, especially in a unique market like the one we are in. Experiences With Contracts Paperwork pushing is a big part of this process.

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Real Estate Buyers Agents Contracts 148

Housing Wire

DECEMBER 5, 2022

It created a massive demand for home purchases as consumers competed to win a sales contract and get a home with a low single digit interest rate. It means a massive contraction in demand for mortgages, tighter margins, corporate layoffs and “right-sizing,” and concerns about what the future may hold.

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Housing Market Marketing Supply Chain Mortgage 513

Cleveland Appraisal Blog

MAY 13, 2021

If you don’t want to take my word for it, there are some nice articles that discuss this. Here’s a link to one article entitled, “No Two People Ever See the Same Rainbow” Check out this cool video of different kinds of rainbows. THE SELLER’S VIEW. So, it is a fantastic time to sell a home.

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Market Value Contracts Appraisal Buyers 298

Hood Homes Blog

MAY 2, 2018

At the end of the day, your seller does not care about your petty squabble with Zillow. They want their home where the buyers are. Do a good property intake and have your seller review and sign off on the MLS listing. But advertise everything you can about your home! The buyers are on Zillow. Put your listing on Zillow.

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Realtors Advertising Agents Real Estate 36

Houston Properties

JANUARY 13, 2021

Do You Want To Buy A Home Now? Avoid 9 Costly Mistakes Sellers Make. If you're looking for a personal recommendation on your situation (buying or selling a home in Houston) and how it could impact your goals, please contact Paige Martin at Paige@HoustonProperties.com. Properties are still going under contract.

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Housing Market Marketing Real Estate Realtors 68

Eppraisal

AUGUST 30, 2022

There is a lot of news in the media about the real estate market starting to cool down for sellers and balance out for buyers. Offer Market Price Buyers still need to offer at least market price for a home, perhaps higher. Home values are still going up. If you are a buyer, you may be getting giddy about it.

Real Estate 36

Real Estate Buyers Real Estate Agent Marketing 36

Listing Spark

FEBRUARY 7, 2024

On the heels of the largest run up in home values in recorded history, we saw an abrupt and heavy shift that’s been challenging to grapple with for sellers and buyers. In this article, we will recap what exactly happened to the real estate market in Texas last year and discuss some predictions for the rest of this year.

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Real Estate Sellers Home Value Inventory 36

Will Springer Realtor

APRIL 10, 2024

Recent news that the National Association of Realtors® (NAR) wishes to settle a series of lawsuits from home sellers has sent ripples through the real estate industry. Allegations of collusion to inflate compensation paid to both buyer and seller agents in transactions prompted this landmark settlement, estimated at a staggering $418M.

Real Estate 36

Real Estate Buyers Sellers Insurance 36

Appraisal Today

DECEMBER 9, 2022

How Grocery Store Locations Impact Home Values. Excerpts: While homes near a Trader Joe’s realized an average 5-year home price appreciation of 49 percent, and homes near a Whole Foods saw an average appreciation of 45 percent, ALDI had a slight advantage at 58 percent. To read the article, click here.

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