Housing Wire

JULY 26, 2021

That kind of drawn-out timetable is typical for the majority of western nations that use the auctioneer system where a seller works with one, perhaps two, auctioneers. fee to the seller. They also had to pay for the brokerage sign outside their home, newspaper advertising, online ads and the brochures for potential buyers.

Real Estate Agent 383

Real Estate Agent Real Estate Sellers Legal 383

Housing Wire

AUGUST 18, 2023

Not prequalifying is unprofessional and can waste your time and the sellers. Don’t lose the listing of a motivated, have-to-sell seller over price. Try saying the following when the seller requests a list price that is too high: “That’s interesting, ‘seller.’ How would it compare in the eyes of the buyer?

Sellers 370

Sellers Construction Real Estate Finance 370

Housing Wire

DECEMBER 8, 2023

You know what you do, but how do you explain it in such a way that a buyer understands your value, the required agency forms and everything involved to make it to the closing table? Ultimately, every homebuyer prospect, every contract and every negotiation is different, but your value should be consistent for all situations and clients.

Clients 426

Clients Real Estate Inspection Buyers 426

Housing Wire

FEBRUARY 18, 2022

Buyers were likely anticipating further rate increases and locking in at the low rates, and investors added to overall demand with all-cash offers,” said Lawrence Yun, NAR’s chief economist. Homes went under contract in just 19 days on average, down from 21 a year ago. That translates to just 1.6 “While the 6.7

Supply Chain 407

Supply Chain Inventory Buyers Contracts 407

Housing Wire

NOVEMBER 3, 2023

With the scrutiny of The Department of Justice and the Federal Trade Commission and multiple lawsuits concerning how buyers’ brokers get paid, many brokers say it feels like an all-out war on the real estate industry. billion in commissions they paid to buyers’ agents in the past eight years.

Real Estate 320

Real Estate Brokerage Buyers Property Management 320

Hank Miller Team

DECEMBER 17, 2021

It's not a rosy outlook; expect home buyer frustration to increase in 2022. So what's in store for home buyers and sellers that have to make a move this spring? So what's in store for home buyers and sellers that have to make a move this spring? Is new construction the answer? So What’s a Buyer to Do?

Buyers 98

Buyers Supply Chain Inventory Real Estate 98

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. Due Diligence: What Is it?

Real Estate 148

Real Estate Real Estate Agent Contracts Inspection 148

McKissock

JULY 26, 2022

As a buyer agent , it is your job to be the voice of reason, the buffer, and sometimes the peacemaker. Here are some tips on how to make the real estate transaction process as smooth as possible for you and your buyer clients. Constructing a real estate offer is an art. Requests to sellers to pay closing costs.

Real Estate 81

Real Estate Counter Offer Buyers Inspection 81

Raleigh Realty

FEBRUARY 19, 2022

Like making counter-offers and going through the home inspection process, the home appraisal can be a sticking point between buyer and seller. The home appraisal is something you can negotiate prior to going under contract as well, or even while under contract. It's one of the final steps after going under contract.

Appraisal Process 139

Appraisal Process Appraisal Construction Sellers 139

Zillow

JANUARY 23, 2018

Buying new construction seems simple, right? No sellers to deal with, no unexpected repairs that come up during inspection, no drawn-out negotiations. Having your own agent provides a sense of security," says Seattle-area homeowner Kristy Weaver, who has bought two new construction homes from two different builders. "It

Construction 36

Construction Agents Buyers Real Estate Agent 36

GoForrmz

OCTOBER 26, 2022

From virtual tours to real estate apps, it now takes less time and effort to communicate between sellers and buyers. Whether you’re searching for forms for construction , property management, home services, buying, or selling, we’re here to help. This means more competition at faster rates than ever before. We know the feeling.

Real Estate 78

Real Estate Contracts Clients Real Estate Agent 78

Raleigh Realty

JULY 31, 2022

Major Home Inspection Issues and How to Handle Repairs If your home inspection turns up any of these 7 major issues it could be time to negotiate some mandatory fixes with the seller before you proceed with purchasing the home. Some requests will be mandatory fixes or the buyer will choose to find another home. Structural Issues 1.

Inspection 148

Inspection Sellers Real Estate Agent Buyers 148

Hank Miller Team

NOVEMBER 22, 2022

There are significant differences between an appraisal and a home inspection, it’s best for every home buyer to become familiar with the purpose of each. In most cases, if a home buyer is getting a mortgage, an appraisal will be completed. The appraiser represents the interests of the home buyer's lender.

Inspection 52

Inspection Appraisal Buyers Sellers 52

Appraisal Today

APRIL 26, 2024

The 7 Sale Types Explained Excerpts: An arm’s length sale – a sale in which the buyers and sellers act independently and in their own self-interest is the most common type of real estate transaction. A non-arm’s length sale in real estate is a transaction between a seller and buyer who have a connection by marriage, family, work, etc.

Appraisal 77

Appraisal Real Estate Real Estate Agent Contracts 77

The Robert Weiler Company

SEPTEMBER 9, 2022

Hiring a real estate lawyer to review all contracts first is best. Another loan option for buying land is a land contract. With a land contract, the seller provides the land buyer with the loan, instead of an institution. You must perform land buyer’s due diligence. Property Lines. Zoning Requirements.

Real Estate 78

Real Estate Buyers Contracts Development 78

Empire Appraisal Group

JANUARY 11, 2023

But if inflation continues to slow and rates stabilize, that could bring more buyers back to the market and boost demand for housing, Yun said. Home buyers still will face sticker shock, Hale said, “but they will have more time to make a decision and more options.”. NAHB: Sharp Contraction in Construction. Realtor.com®

Real Estate 78

Real Estate Marketing Buyers Sellers 78

Hank Miller Team

DECEMBER 1, 2021

Buyers were/are so stressed to secure a home that some toss caution to the wind; overpaying, waiving finance contingencies, inspection contingencies and more. There are more buyers waiving due diligence and purchasing homes "as is" than ever before. The buyer is spending money and possibly losing the deal.

Inspection 52

Inspection Buyers Real Estate Sellers 52

Empire Appraisal Group

DECEMBER 14, 2023

1 in 3 Sellers Granting Buyer Concessions By Kerry Smith Two Fla. SEATTLE – Home sellers gave concessions to buyers in 35% of U.S. Tampa, however, saw a rise in seller concessions to 43.1% metro buyer concessions (metros had at least 50 closed deals) Miami : 35.4% But in Tampa, 43.1% a year earlier.

Sellers 78

Sellers Buyers Agents Contracts 78

Boston Appraisal

DECEMBER 11, 2023

The appraisal process is important for homeowners, buyers and sellers. If the property is a new construction building, the appraiser may use the Cost Approach , which estimates the value of a property based on the cost of replacing it with a similar one.

Appraisal Process 78

Appraisal Process Real Estate Appraisal Easement 78

McKissock

JANUARY 31, 2023

.” “That cost does not equal value on homes, and picking comparable sales just to hit contract prices is unethical. Sometimes a homes across the street are not the same pool of buyers as a home a block away, even if it is the same builder and floor plan. Because of where buyers want to live. That determines value.

Real Estate Agent 97

Real Estate Agent Real Estate Agents Appraisal 97

D Fritz Appraisals

AUGUST 12, 2019

Upon acceptance of your offer, the next steps are usually: home inspection – a voluntary third-party service ordered by the buyer, and. home appraisal – an often mandatory step the buyer’s lender insists on. They both happen prior to the sale of a home and are often both added as subjects on a contract.

Inspection 94

Inspection Appraisal Real Estate Property Appraisal 94

Appraisal Today

APRIL 5, 2024

With shifts in existing and pending home sales, new home sales, construction activity, and economic indicators such as inflation and mortgage rates, appraisers are navigating a complex landscape. to 7% range for mortgage rates and anticipated fluctuations will significantly impact buyer affordability and demand. percent from 6.93

Appraisal 77

Appraisal Contracts Business Construction 77

Hank Miller Team

JULY 12, 2023

Combine that with rent and daily expenses, it's no wonder the buyers on the edge fell off when rates jumped. Fewer buyers, fewer contract and sales. Listing inventory down as well, in the mix is the dearth of new construction when builders slammed on the brakes. Still a sellers market, just not as bonkers for buyers.

Housing Market 40

Housing Market Marketing Buyers Sellers 40

CA Realty Training

SEPTEMBER 6, 2021

All contingencies are designed to protect the buyer in the event that their conditions are not met. Let’s say you have a house listed at $1,000,000 and you have an interested buyer. So, the buyer offers the full list price of $1,000,000 – great! So, the seller hopes that the appraised value is $1,000,000 or higher.

Real Estate 56

Real Estate Agents Inspection Real Estate Agent 56

Listing Spark

FEBRUARY 9, 2023

People typically use an appraisal to validate the value of a home or property for real estate transactions between buyers and sellers, or if homeowners are refinancing their mortgage. Examples include: the square footage, # of bedrooms, # of bathrooms, type of construction materials, type of roof, etc.

Appraisal 36

Appraisal Sellers Market Value Contracts 36

Town & Country Residential Appraisals

SEPTEMBER 26, 2022

But did you know there are a number of other reasons you should be contracting an appraiser to perform a professional valuation on your property? When you are the seller of a FSBO (For Sale By Owner). When you are a cash buyer you definitely want to get an appraisal.

Appraisal 50

Appraisal Renovations Real Estate Valuation 50

Appraisal Today

JANUARY 19, 2024

During the two-year renovation, the seller, who bought the home in 2017, updated the kitchen with a Bosch cooktop, Gaggenau appliances, and soft-close doors. An example of this in real estate appraisal is the purchase and sale contract. The average contract interest rate for 15-year fixed-rate mortgages decreased to 6.24

Appraisal 74

Appraisal Contracts Real Estate Architecture 74

Will Springer Realtor

APRIL 14, 2023

“After nearly a year, the housing sector’s contraction is coming to an end,” notes Lawrence Yun, National Association of Realtors® chief economist, speaking about the U.S. Existing-home sales, pending contracts and new-home construction pending contracts have turned the corner and climbed for the past three months.” 

Contracts 36

Contracts Buyers Housing Market Design 36

Housing Wire

NOVEMBER 9, 2023

When you list two homes per month, you will automatically attract buyer business as well, so focus on listings. Expired listings Expireds are near the top of the list because these sellers want to sell and many have to sell. Aspirational pricing and competition from new construction has created more expired and withdrawn listings.

Real Estate Agent 405

Real Estate Agent Real Estate Agents Open Houses 405

Listing Spark

AUGUST 25, 2022

They impact both buyers and sellers and are key in negotiations and identifying any problem areas in homes. Even if you’re buying new construction, you should be using a home inspector. For most buyers and sellers though, they don’t know what they should be looking for in a home inspection. Episode overview.

Inspection 36

Inspection Real Estate Construction Sellers 36

Appraisal Today

SEPTEMBER 22, 2023

A buyer gets a seller’s disclosure statement for that information. Values are so high that buyers are putting a lot of money down to lower the monthly payment as much as they can. But buyers should note that prices have been rising even in these last bastions of modestly priced real estate. Close to $1 million now.

Appraisal 87

Appraisal Training Inspection Real Estate 87

Appraisal Today

DECEMBER 8, 2023

The record comes as mortgage rates hover at elevated levels, hitting their highest level in 23 years last week and cutting deep into buyers’ budgets. High rates have forced some sellers to lower their asking price to make up for high interest rates on monthly payments. I explain it verbally to executors and trustees. percent from 7.37

Appraisal 67

Appraisal Real Estate Contracts Design 67

Birmingham Appraisal

SEPTEMBER 15, 2022

Banks are typically absolved from discrepancies between the amount they lend and the true market value of the home meaning that they will not be held responsible to the buyer. Some examples of this are buyers purchasing a home, owners refinancing a home, and clients who are building a home. Appraisal vs Home Inspection.

Appraisal 90

Appraisal Inspection Appraisal Process Real Estate Agent 90

Appraisal Today

JULY 21, 2023

This likely has to do with the cost of building a pool, cost of maintaining a pool, and even larger parcels at higher ranges – not to mention buyers at higher price points expecting a pool more often. In contrast, pools hardly exist in some locations, so it’s less of a factor because buyers don’t expect a pool. Listed for $42.5

Appraisal 90

Appraisal Real Estate Contracts Business 90

Hank Miller Team

NOVEMBER 8, 2021

It’s closing day and the buyers walk the home before heading to the attorney’s office. What happens if the seller didn’t make the agreed upon repairs? Can a home buyer terminate on closing day because of condition and refuse to close? Everything agreed to in subsequent amendments to the contract should be completed.

Buyers 95

Buyers Contracts Sellers Legal 95

AmeriMac

OCTOBER 5, 2022

It can be helpful for both the buyer and the seller of the property when the true value of the home is assessed. Another factor is the condition of the construction of the home and its special features and amenities. There is a ratio of loan-to-value that is agreed on in the loan contract. Home Appraisals.

Appraisal 36

Appraisal Mortgage Market Value Sellers 36

Housing Wire

SEPTEMBER 12, 2023

The point of the editorial seemed to be to scaremonger over government programs to help home buyers and student loan borrowers. So, the author tried to use new construction prices from back in April to describe the whole U.S. Supply of homes for sale is very low, and most of the year we’ve had more buyers than sellers.

Contracts 405

Contracts Inventory Housing Market Buyers 405