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Inside Redfin’s unique, brave and vulnerable business model

Housing Wire

Grace Alipour spoke loudly into the phone over the cries of her two-year-old being strapped into a car seat. “I I started at Redfin 12 years ago,” she said. It is high-volume work,” Alipour recalled. With a two-year-old, I couldn’t meet the quota,” she said. And in 2017, I decided to go on full-time as a lead agent.”.

Business 369
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Too many appraisers?

Appraisal Today

Here we consider how these “frictions” will behave as appraisal demand has dropped, just as each of the five forces have found ways to reduce or “eliminate” the need for valuation expertise. Loan applications are way down, the lowest in 22 years. The Inevitable Cyclicality of Mortgage Lending. This is the past.

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Appraiser Countersues Alleged Discrimination

Appraisal Today

To read more, click here My comments: Long article and worth reading. I learned I was biased against young Black men when I was on a criminal jury many years ago. I assume that since I had been appraising in high crime neighborhoods, I became prejudiced. Janette Miller, filed in California in Dec. Connolly & Mott v.

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Apps for Appraisers

Appraisal Today

The company boasts a 99% accuracy rate as well as powerful voice editing capabilities. Homes Are Worth at Least $1 Million, Close to All-Time High Excerpts: The share of million-dollar-plus homes is on the upswing after dropping to a 12-month low in February. There may be more information now. I wrote this up yesterday.

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Appraiser Scam – Be Careful!

Appraisal Today

That seemed high for an inspector… ) “. NOTE: Please scroll down to read the other topics in this long blog post on all cash sales, bad bank, FHFA/Fannie, speaking at real estate agent meetings, unusual homes, mortgage origination stats, etc. ==. My market saw a 36% appreciation from the [COVID-19] pandemic to April this year.

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Appraisers: How to Manage Your Emails

Appraisal Today

I would say about 90% of the voicemails that I receive are from an irate homeowner worried about a rate lock or a stressed out realtor wondering if they are going to close on time. Very good tips in the article. Written in 2-22 but is still very relevant today. Was listed for $748,000 in 8/22. Built in 1960.

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NAR Appraisal Survey 2022

Appraisal Today

54% of appraisers report that appraisal management companies (AMCs) have been among the greatest challenges in their businesses in the past year; 30% cite expanding regulations. What is the farthest you have traveled to complete an appraisal and still be considered geographically competent? Excerpts: Year Built: 2001.