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Buyer agency: a crucial historical shift in real estate

Housing Wire

Those too young to remember the wild west of real estate believe that real estate commissions have always been evenly split between seller’s and buyer’s agents, with each receiving a portion of the sale price. This misconception obscures the reality that, historically, buyers lacked formal representation.

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ROV (Reconsideration of Value) Changes – FHA and GSEs

Appraisal Today

I have never done an “official” ROV for a lender, but I did not like any lender clients objecting to my values. And if you work in real estate, be prepared to serve clients in all stations of life. If buyers cannot get insurance or it is very expensive, it will affect value. The good times and the hard times.

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Commercial Real Estate Appraisal Review: Essential Handbook to a Necessary and Influential 2nd Opinion

The Robert Weiler Company

The obligation to the client isn’t met. Consider the grantor’s position when considering a disbursement for a mixed-use development, conservation easement, or specialty use property. It isn’t clear who owns the appraised property. Too much time has elapsed between the CRE appraisal and the loan.

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Real Estate Real Fast EP6 (with Greg Naughton, 22+ years experience in construction and 10 years experience as an investor and builder)

Listing Spark

You should look at the market you are building in and see what buyers are looking for there. “I’m Knowing what your buyer pool is looking for is important. The issue with pre-marketing a home is that buyers may want to make a lot of changes. There are no absolutes when it comes to what buyers want.

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Appraisers: How and Why To Check Carbon Monoxide Detectors

Appraisal Today

Bunzel was also able to provide some helpful tips for appraisers as far as how to communicate with their clients about CO detectors. For example, Bunzel says that appraisers and home inspectors should make it clear to their clients that they do not warranty if the device is working, just that it is there. To read more, click here .

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Real Estate Appraisers Share How They Stand Out from the Competition

McKissock

To help simplify things, we’ve organized the comments below into the following categories of ways to stand out from the competition: Client relations. Client relations. “I like to think it is my customer service, and client relations.” No matter the client.” Background or perspective.

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FHA: Cosmetic vs. MPR Repairs

Appraisal Today

In 2007, he started appraising conservation easements, which are specified areas of land earmarked for environmental conservation. Owners with conservation easements can claim an income tax deduction. Conservation easement appraisals are a definite risk for appraisers. They are not easy to do.