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Understanding the Law of Diminishing Returns in Pricing: A Guide for Real Estate Agents

Birmingham Appraisal

How Agents Can Use The Law of Diminishing Return When Pricing a Listing As a real estate appraiser with over 30 years of experience, I have witnessed firsthand the critical role that accurate pricing plays in the success of real estate transactions.

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The worst for mortgages may be over, but younger borrowers still face affordability challenges

Housing Wire

In response, borrowers in younger age brackets lost traction in Q4 2023, edged out of the market by lack of affordability,” the report stated. “If Today, the Baby Boomer generation holds almost $19 trillion of American real estate — more than twice as much as millennials,” Paasonen said in the report. “In

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5 Tax Tips for Real Estate Agents

McKissock

Tax season is in full swing and if you’re in real estate it’s useful to brush up on specific tax tips for real estate agents. Important tax tips for real estate agents to remember. We asked real estate and tax professionals across the country for their very best tax tips.

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The Loan Officer’s Guide to Appraisals Part 5:  What is bracketing and why do we do it?

Riverfront Appraisals

The post The Loan Officer’s Guide to Appraisals Part 5: What is bracketing and why do we do it? So far in our series, we’ve looked at final inspections, lending on unique homes, communication with the appraiser, and reconsiderations of value. So if this is […]. appeared first on Riverfront Appraisals.

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Market Madness: 8 Housing Markets We’d Place Big Bets on in 2024

BiggerPockets

It’s March Madness season, so we thought we’d create a bracket of our own, pitting some of the best real estate markets against each other to see which one will […]

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As title insurance volume shrinks, workers take on more tasks

Housing Wire

However, 67% of respondents are over the age of 45, with the largest age brackets being 45-54 and 55-64 at 28% each. The second largest age bracket was 35-44 at 19%. Other top challenges included “educating real estate agents and consumers” (26%) and “generating new business” (24%).

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Mortgage rates — not commission lawsuits — will be the story in 2024 for publicly traded brokerages

Housing Wire

It could be difficult for some folks to maintain profitability or even achieve profitability because there is some level of fixed costs to doing business, especially if home sales remain depressed and you have a situation where the commission rates come down,” Anthony Paolone, a real estate senior analyst at J.P. Morgan , said.

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