Why do real estate agents do a visual inspection of the properties they sell?
San Jose Real Estate
JULY 17, 2023
Why do real estate agents do a visual inspection of the properties they sell?
Article Contracts Inspection Real Estate Agent 
Top 10 Things Appraisers Wish Real Estate Agents Understood
McKissock
JANUARY 31, 2023
As part of our Question of the Month survey series, we asked members of our appraisal community, “What’s one thing you wish real estate agents knew about the appraisal process?” ” “There is a lot of research and number crunching to do, so asking for a value at time of inspection is a no go.”
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5 best Arizona real estate schools for 2024
Housing Wire
DECEMBER 8, 2023
Are you looking to get licensed as a real estate agent in Arizona? We’ve reviewed all the key information to determine the best Arizona real estate schools to help you get licensed quickly and efficiently with a state-approved, online program at an Arizona real estate school.
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Why Buyers Shouldn't Waive Inspection Contingencies
Eppraisal
OCTOBER 26, 2021
This year the real estate industry is experiencing a market frenzy with a colossal amount of buyers looking for homes. According to an article on keepingcurrentmatters.com, "A normal market's inventory sits at 6 months. Some are waiving appraisals and others are even offering to waive inspection contingencies.
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How Real Estate Agents Can Help Home Buyers Navigate Emotional Decisions
McKissock
APRIL 28, 2021
As of 2020, a whopping 88% of home buyers relied on the help of a real estate agent to get them through the process. This trend has been on the rise since 2001 when only 69% of buyers used a real estate agent. . Add a home inspection contingency clause to the contract as well for further peace of mind. .
How to get a real estate license in Ohio (OH) in 5 steps
Housing Wire
NOVEMBER 30, 2023
Your path to real estate licensure begins with 120 hours of classes in an approved Ohio real estate license education program. From completing your required coursework to taking the licensing exam, keep reading to learn how to become a real estate agent in Ohio. Ready to find a real estate brokerage?
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7 Takeaways: Due Diligence Fee and Earnest Money in Real Estate
Raleigh Realty
AUGUST 17, 2021
Understanding Due Diligence and Earnest Money in North Carolina Real Estate When you go under contract on a home in North Carolina you are going to encounter terms like Due Diligence and Earnest Money. It's important to note that real estate contracts and laws change depending on what state you are in.
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How to negotiate your home purchase offer
Housing Wire
APRIL 8, 2021
Consider an appraisal gap: Adding an appraisal gap to your offer tells the seller that even if the property appraises for less than the purchase price in the contract, you are committing a preset dollar amount to making up the shortfall. In an extremely competive market?
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Pros and Cons of Selling Your Home As-Is
Cleveland Appraisal Blog
AUGUST 11, 2022
I hope you find her article to be helpful! 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.
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4 Ways to Help Manage Client Expectations
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). Click here to read the full article. Expectation 2: Property Access.
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9 Things to Know Before Selling a Home For Sale by Owner
Raleigh Realty
MARCH 23, 2021
The founder of forsalebyowner.com used a Real Estate Agent to sell his home after trying to sell it himself and failing to do so - imagine that. There are pros and cons to going the for sale by owner route, but it is strongly advised to work with a trusted real estate agent throughout the process.
Don’t Fall For These 6 Real Estate Scams
McKissock
JULY 19, 2022
In terms of real estate, the internet has made it easier for affluent buyers to invest in real estate overseas. According to an article published in The Miami Herald , the FBI reported almost $1 billion was “diverted or attempted to be diverted” and wired to unlawful accounts in 2017. Property plastic surgery.
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5 Ways to Help First-Time Homebuyers
McKissock
JANUARY 18, 2022
A skilled real estate agent can play a major role in guiding these fledgling property owners through the maze that is a real estate transaction. In an interview with Entrepreneur , property experts say that a real estate agent can make or break a home-buying experience. Download for free here.
NAR Member Survey on Appraisal Data Collectors
Appraisal Today
SEPTEMBER 22, 2023
I am working on an article on Hybrid Appraisals for the November issue of Appraisal Today. To me, the big issue is who is doing the inspections. They included appraisers, real estate agents, and someone with a week, a month, or online video training. Inspection training was very good. Not very positive.
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What are the Benefits of a Transaction Coordinator?
CA Realty Training
JULY 20, 2021
Let’s face it, real estate transactions can be extremely complicated and take up a lot of an agent’s time. But, dealing with contracts and disclosures comes with the territory when you’re in escrow. The escrow company is responsible for ensuring that every stipulation of the contract is met. Scheduling Inspections.
The Many Shades of Earnest Money
Eppraisal
JULY 12, 2022
Earnest money is the money a buyer offers to have deposited at contract time to show he is earnest or serious about purchasing the home. How Earnest Money Works When you submit an offer to purchase a home, part of the contract deals with earnest money. What Happens to the Earnest Money if the Contract is Canceled?
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New Homebuyer’s Guide To Appraisals
Birmingham Appraisal
SEPTEMBER 15, 2022
You can read more about property inspection waivers in a past article I wrote. Appraisal vs Home Inspection. As a new homeowner, you might be confused about the differences between an appraisal and a home inspection. Home inspections are normally regulated by the state.
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The Real Estate Market is Changing: Is Your Listing Agent Providing Top-Notch Services?
Eppraisal
SEPTEMBER 7, 2022
They will not have to waive inspections and appraisals. Listing agents did not have to do as much to get a home under contract as they do in a more balanced market or in a buyer's market. Sellers and their listing agents will have to put forth more effort now.
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How To Appraise Rural Properties
Appraisal Today
MARCH 15, 2024
NOTE: Please scroll down to read the other topics in this long blog post on USPAP and Personal Inspection, GSE Appraisal Modernization, Transaction costs and values including real estate commissions, unusual homes, mortgage origination stats, etc. = I hate this time change. I had never read or heard about this analysis before.
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7 best real estate schools in Massachusetts for 2024
Housing Wire
DECEMBER 7, 2023
Visit Website Overview The Lee Institute School of Real Estate combines professional instruction and video format training to make the concepts of the real estate business more digestible and engaging. You’re given 4 hours to complete this section What is the average salary for a Massachusetts real estate agent?
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3 Common Contingencies in the Real Estate That Every Agent Should Know
CA Realty Training
SEPTEMBER 6, 2021
To a real estate agent, this means that an offer happens only if certain requirements are met. We will discuss the three contingencies that you’ll see, which are appraisal, inspection, and loan. So, the buyer will pay for an appraiser to inspect and write a report on the home’s value. By Karen D.
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How to Conduct a Smooth Real Estate Transaction
McKissock
JULY 26, 2022
Timeliness and types of inspections. To ensure that this initial stage of the real estate transaction goes well, it’s important to submit the offer in a timely manner. Regardless of the strengths and weaknesses of the competing offers, the seller can only negotiate one offer at a time until there is a binding contract.
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New Year, New You: Transforming Your Appraisal Career in 2023
McKissock
JANUARY 6, 2023
Train future appraisers, collateral underwriters, AMC staff, real estate agents, and others in real estate appraisal. A variety of attorney work is available, including estate appraisals, divorce appraisals, consulting, expert testimony, and appraisal reviews.
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Key Skills Your Agent Should Possess in Today's Market
Eppraisal
OCTOBER 2, 2021
It's imperative, now more than ever, to have an experienced real estate agent who has your best interests at heart. There are key skills you should look for in your listing agent or selling agent. According to an article written by Danielle Hale on Realtor.com, "Homes continue to sell faster than a year ago."
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Fannie Files Complaint Against Appraiser
Appraisal Today
OCTOBER 20, 2023
The inspection was uneventful. I was given a lockbox combination and inspected the vacant home. The lender may also contact the In-Plant Primary Inspection Agency or the manufacturer for the HUD Data Plate information. Not all non-lender appraisals require a long time marketing to real estate agents.
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Various Shades of Buyer Representation
Eppraisal
MARCH 15, 2022
When interviewing for a real estate agent to help you purchase a home, be sure to ask them what type of buyer representation they are going to provide to you. This type of representation has many advantages including requiring your agent to place your interests above their own. Explain real estate terms.
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Gaining a Competitive Edge Buying a Home
Eppraisal
APRIL 20, 2021
According to a homebuyinginstitute.com article, in February of 2021, there were fewer home for sale than in February 2020. According to an article on Realtor.com, there were 52% less homes on the market in March of 2021 than in March of 2020. Most real estate agents and attorneys aren't recommending this to their clients.
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Appraisers: How to Manage Your Emails
Appraisal Today
APRIL 7, 2023
AMCs Assuring that the appraiser has the correct contact information for an inspection is very important. There have been numerous instances in which I have not been able to get ahold of a contact for an inspection only to find out weeks later that the AMC gave me the wrong contact information. Very good tips in the article.
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Fannie Mae: No Appraisals Required? 3-10-23
Appraisal Today
MARCH 31, 2023
First, “third party” inspections. And, with this inspection a traditional appraisal is no longer a requirement for the mortgage loan. Secondly, the 3rd party inspection is sent to a licensed appraiser. If this article helped you get one more appraisal, it is worth the subscription price! percent from 6.71
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Apps for Appraisers
Appraisal Today
AUGUST 18, 2023
The media coverage focuses on real estate agents having difficulty showing homes, etc. This was the same process many of us underwent with the exterior-only (drive-by) inspections. To read more, click here My comments: The best article I have seen on this topic written by an experienced appraiser, of course.
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NAR Appraisal Survey 2022
Appraisal Today
OCTOBER 7, 2022
Other risks include getting injured during an inspection, plus the risks we all have of a serious medical problem. If this article helped you understand more about disability insurance, it is worth the subscription price! I have included links to three that I consider reliable articles above. Lenders, real estate agents, etc.
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Top Ten Reasons Why It Is Great to be an Appraiser!
Appraisal Today
JANUARY 20, 2023
Arouse the suspicion of an entire neighborhood when inspecting comparable sales. Chance to really irritate annoying real estate salespeople. Fee Appraisers will be gone in 5 years being relegated to measuring houses, property inspection, and basic condition reporting. It sounds a bit suspect, right?
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Appraisal in Changing Markets
Appraisal Today
SEPTEMBER 23, 2022
My comments: This article uses AEI data, graphs, and reports from June. The upcoming October issue of the monthly Appraisal Today has an article, “Which are your best current and former AMC/lender clients? The whole house is set up for entertaining,” Helgren (real estate agent) says. What do they want?”
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NAR: Appraisal License Equivalency Credit for RE Agents?
Appraisal Today
DECEMBER 2, 2022
Excerpts from the letter: … including, but not limited to, experience in real estate market analysis and real estate brokerage, including: • Evaluating and pricing residential real estate. My comments: Real estate agents and brokers are salespersons. They provide CMAs, etc.,
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Pros and Cons to Selling a House As Is
PennyMac
SEPTEMBER 6, 2023
The following article will break down the pros and cons of selling your house in its current condition and provide other helpful insights for an as-is home sale or purchase. Buyers will have an inspection done and the cost of some repairs or updates, especially those regarding safety, often falls to the seller.
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5 Things to Do Before and After Closing
Zillow
JUNE 10, 2019
You’ve endured a series of offers, property disclosures, inspections and reports. By the time you’ve signed a contract, you have lots of ideas about how you'll live in the home, how you'll customize it and what work needs to be done. You’ve been house shopping for months or even years. Set up the utilities.
Appraisals – Check the Water Source!
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. ==. I have included some of the articles below. No inspections or appraisals? USPAP and the Contract. Therefore, they say, keep the contract!
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The One Business Skill Every Appraiser Needs to Master
McKissock
OCTOBER 9, 2020
” “When researching a subject property, you’ve got to have a good feel for all the time involved—how long will it take to drive to the home, inspect it, research it and complete the report? Spend more time on recruiting and training (do it well and consistently) and you will grow revenues in any market.”
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How to Become a Property Manager in California
CA Realty Training
JUNE 16, 2021
A real estate license doesn’t mean you can only be a real estate agent. One of the biggest duties of a property manager is handling rental contracts. Also, property managers schedule home inspections. The first inspection happens when the tenant moves in, and the second happens when they move out.
10 Simple Steps to Purchase a Home in 2020
PennyMac
APRIL 2, 2020
Step 4: Find the Right Real Estate Agent. The help and guidance provided by a real estate agent or REALTOR ® can be priceless, particularly for first-time homebuyers or those searching in an unfamiliar area. But be sure you’ve done your research before opting out of using an agent.
7 best real estate classes in Ohio (OH) for 2024
Housing Wire
NOVEMBER 30, 2023
While there are many online real estate cla in Ohio to choose from, it’s important to find a program that’s aligned with your budget, schedule, timeline, and goals, and that lay the foundation for a successful real estate career. Athens Campus location.
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Appraising Fixer Uppers
Appraisal Today
APRIL 14, 2023
Lots of good, practical ideas for you in this article in the monthly newsletter! It could be a real estate agent, a home inspector or even a part-time Uber driver looking for some easy money. Or desktop appraisals and inspection only. The average contract interest rate for 5/1 ARMs decreased to 5.51
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Houston Housing Market Forecast: Current Data & 2021 Predictions
Houston Properties
JANUARY 13, 2021
I’ll save the details for another article, but I think you want to ask yourself: “Now that the American population knows the government has the ability to provide trillions of dollars of stimulus money in any given year, do you think they’ll elect politicians who choose to say ‘No More’ ? 2019: #1 Individual Agent, KW Texas.
What’s Your View?
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. In a real estate transaction, everyone has a different view.
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