Housing Wire

APRIL 22, 2021

“I’m on my way with a client to show them a house that’s literally just gotten on the market, and by the time we get there, it’s already under contract with someone else,” she said. The post North Carolina’s low home prices luring buyers appeared first on HousingWire. “It’s just insane.

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Buyers Inventory Renovations Realty 424

Housing Wire

MAY 21, 2024

Buying a home in a non-disclosure state, where sale prices are not available to the general public, presents a unique set of challenges and requires home buyers to be more proactive in gathering information. Consider future development Investigate potential developments in the area, as they can significantly impact property values.

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Real Estate Agent Real Estate Inspection Tools 445

Housing Wire

MAY 30, 2024

Ironically, the technology he’s developed can be a benefit to real estate agents as well. SW: Why did you want to develop this platform? When I originated loans, there were a certain number of people that just didn’t need an agent — because the buyers and sellers knew each other in some fashion.

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Real Estate Agent Real Estate Sellers Agents 411

Housing Wire

FEBRUARY 24, 2023

Census Bureau and the Department of Housing and Urban Development (HUD) on Friday. January marked a surge of people signing contracts to buy new homes. Many home builders are offering incentives to buyers, sweetening the deal just enough to bump sales from the month prior.”

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Construction Contracts Buyers Development 424

Housing Wire

APRIL 22, 2024

To convert these leads into business, the brokerage developed teams — also called units — headed by captains who are successful agents with high lead conversion rates. Djon Luxury Real Estate is expanding its sell-side business, training buyer-side real estate agents on the necessary contracts and selling their value to the consumer.

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Brokerage Real Estate Realtors Real Estate Agent 386

Housing Wire

MAY 3, 2024

The key difference between our business model and that of many of our peers is that our model incentivizes agents to help buyers and sellers reach their housing goals, while some other models have incentivized their agents to recruit other agents, many of whom are not productive.” annualized decline in U.S. and Canada to 64,322 agents.

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Agents Real Estate Training Buyers 383

Eppraisal

FEBRUARY 7, 2023

Whether you decide to hold it and sell when real property values climb or -- alternatively -- develop the lot to convey at a higher price, you are subject to forces of market, timing and competition. If the lot is zoned for commercial use, they do well to develop it as a retail space or other business, and later serving as the landlord.

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Development Sellers Legal Home Value 69

Housing Wire

NOVEMBER 30, 2020

However, borrowers are still maintaining a strong pace, as contract signings are up 20.2% The faster price growth is leading to affordability challenges for certain segments of buyers, and particularly for first-time homebuyers,” Kan said. pending home sales fell 1.1% compared to a year ago.

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Realtors Inventory Contracts Development 532

Housing Wire

DECEMBER 23, 2022

Census Bureau and the Department of Housing and Urban Development (HUD) on Friday. New home sales data last month was much stronger than had been anticipated; the market had expected a contraction of 4.7% Since July, about 10,000 contracts have been canceled each month, according to data from John Burns Consulting. in November.

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Contracts Inventory Housing Market Mortgage 379

Housing Wire

APRIL 22, 2024

Lickstein helped craft an AI-powered tool designed to educate brokers and is currently developing a compliance framework. Tager focused more on the marketing implications, how his company has used generative AI to create marketing initiatives and shared thoughts on what the development of the technology could mean for the space overall. “We

Real Estate 406

Real Estate Tools Brokerage Technology 406

McKissock

AUGUST 13, 2021

Why must an appraiser be given a copy of the sales contract? Secondly, the appraiser is likely familiar with the local real estate contract forms, customary terms, and conditions of real estate transactions in the area, and might be able to identify irregularities and comment on them. When should we analyze the contract?

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Contracts Appraisal Market Value Real Estate 64

Housing Wire

FEBRUARY 14, 2024

Develop in-depth knowledge, showcase your expertise, and position yourself as the go-to authority in that property or market niche. Use this tool: Coffee & Contracts Thoughtfully designed by former real estate agent Haley Ingram, Coffee & Contracts offers a suite of upscale social media templates for every social platform.

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Real Estate Agent Real Estate Agents Luxury Properties 409

Miller Samuel

MAY 4, 2019

The slowdown is related to the oversupply of new development created from the vast amounts of capital looking for a home since the financial crisis. The introduction of supertalls to the skyline has provided never before expansive views to the buyers. I was asked by the New York Post to provide a snapshot of this submarket.

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Contracts Brokerage Development Real Estate 243

Housing Wire

JANUARY 3, 2024

Real estate agents are optimistic about the housing market and working to implement buyer agency agreement as we head into 2024, according to the RealTrends Q1 2024 AgentPulse survey. Better buyer and seller presentations to break down payment to a more granular level,” was one agent’s response.

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Agents Realtors Clients Real Estate Agent 392

Housing Wire

MAY 6, 2024

The law at the center of the suit came into effect on July 1, 2023, and it “generally restricts the issuance of government contracts or economic development incentives to, or real property ownership by, foreign principals, which are certain individuals and entities associated with foreign countries of concern,” according to the Florida Senate.

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Law Real Estate Real Property Contracts 347

Housing Wire

JULY 19, 2022

The Department of Housing and Urban Development said it is “looking very hard” at how to make it easier to finance small-dollar mortgages, but has yet to spell out how it will accomplish that goal. In April, HUD signaled it would take on the issue. It’s an acknowledgement that you’re making less on a small-dollar loan.”.

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Mortgage Finance Lending Development 382

Housing Wire

FEBRUARY 22, 2022

Builders are having to delay project start times, resulting in cost blowouts and developments not being completed. Be cautious when signing fixed-price contracts. Enter into contracts that are malleable to market prices. where prices skyrocketed by over 300% in a six-month period.

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Construction Contracts Supply Chain Business 403

Housing Wire

APRIL 30, 2024

Through the terms of the National Association of Realtors’ (NAR) commission lawsuit settlement agreement Zillow is now getting into buyer representation agreements. Under the terms of NAR’s settlement agreement, agents will have to have a written agreement with a client in order to work with them as a buyer broker.

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Buyers Agents Clients Realtors 510

Housing Wire

MARCH 13, 2024

Similarly, data-driven marketing can be more cost effective, helping you focus your marketing budget on homeowners who are most likely to sell, and on buyers who are actively looking for their next home. It helps agents to facilitate informed investment decisions and aid in strategy development. Need more examples? Visit Reonomy 14.

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Real Estate Agent Tools Real Estate Agents 402

Housing Wire

MAY 23, 2023

This new development is being propelled by an alleged Fannie Mae “request” that, according to industry sources, was made recently of several lenders active as buyers in M&A deals. The seller continues to have an obligation to manage their company that they still own after an asset deal,” one industry source explained.

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Buyers Sellers Finance Contracts 385

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.

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Real Estate Brokerage Buyers Property Management 316

Will Springer Realtor

OCTOBER 19, 2021

The home is under contact, seller and buyer have agreed to terms. Buyer is financing the purchase through a mortgage lender and the underwriter wishes to confirm the value of the home before issuing the loan. (No That’s off the recent high of 20% in May when buyers were in a feeding frenzy for scant homes. Yes, “crap!”

Contracts 41

Contracts Appraisal Sellers Real Estate Agent 41

Appraiserblogs

APRIL 10, 2023

According to aggregate statistics from the Uniform Appraisal Dataset released by the FHFA, roughly 57% of appraisals were above the contract price in 2021. Related Posts: A Low Appraisal is Now a Bad Appraisal A low appraisal is now a bad appraisal. Well, that's according to the headline. The article does not stress ‘bad.’…

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Appraisal Contracts Valuation Finance 119

Eppraisal

NOVEMBER 2, 2021

Finding a real estate agent who specializes in working with buyers is critical. Working with buyers requires a different skill-set than working with sellers. A buyers agent's job requires many more key skills. They should know which subdivisions, developments or specific areas are selling quickly and which ones are not.

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Buyers Agents Real Estate Agent Real Estate 36

Housing Wire

FEBRUARY 7, 2023

And many buyers are waiting on the sidelines, paralyzed by low housing inventory and high rates. It essentially allows qualified buyers with a government loan to purchase a home by assuming responsibility for the sellers’ mortgage terms, including the current balance and interest rate.

Mortgage 381

Mortgage Loan Officers Government Buyers 381

Housing Wire

DECEMBER 9, 2022

On the day CoStar announced the integration, the Virginia-based firm submitted a Worker Adjustment and Retraining Notification (WARN) notice to California’s Employment Development Department (EDD). UpEquity earns a commission from brokering or selling the mortgage buyers take out to buy their homes.

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Real Estate Advertising Real Estate Agent Investors 371

Appraiserblogs

JANUARY 8, 2024

Could it be because of the racial bias complaint filed against me… Under-Valuations Unrelated to Racial Bias Under-valuations that more accurately reflect the homes' “true” value as opposed to the contract price will also alert the buyer,… Another 'Bad' Word to Avoid!

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Appraisal Valuation Lending Contracts 134

Eppraisal

JANUARY 31, 2023

Having identified a parcel of vacant land -- and negotiated a purchase contract with the seller -- the investor in raw land is now at the point where financing becomes the issue.  There However, buyers must consider the cash flow of their business or household while taking an accurate measure of their assets.

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Development Finance Sellers Home Value 36

Cleveland Appraisal Blog

OCTOBER 14, 2021

On many of my appraisals at that time, my opinion of value would not support the contract price. Don’t drink the Kool-Aid that any contract price is reflective of market value. Another issue that led to the housing crash of 2008, was unqualified buyers who were able to secure mortgages on homes they couldn’t really afford.

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Inventory Market Value Appraisal Contracts 243

Appraisal Buzz

DECEMBER 27, 2021

Beginning in January 2020, 7% of purchase transactions had a contract price above the appraisal value. Meanwhile, buyers are plucking up homes left and right. Thus, the FHFA will likely have to develop a set of best practices in the coming years to prevent these snags and protect you and lenders. Shifting Toward Modernization.

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Appraisal Valuation Modernization Contracts 397

Housing Wire

JULY 28, 2022

But they do agree on one thing: Higher interest rates will quell housing demand, which will allow inventory to rebound and, eventually, spur the return of reluctant buyers. If mortgage rates peak, Fratantoni said, “potential buyers who had been scared off by the rate spike, might find their way back to the housing market.”.

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Housing Market Marketing Loan Officers Buyers 302

Housing Wire

MARCH 15, 2023

“While lower rates should buoy housing demand, the financial market volatility may cause buyers to pause their decisions.” That was a favorable development,” Deitch said. “The Treasury did make the correct decision to stabilize the market by ensuring that depositors had access to their funds.

Mortgage 369

Mortgage Clients Retail Marketing 369

Cleveland Appraisal Blog

JUNE 17, 2022

When developing an opinion of the market value of a property, what appraisers are really measuring is how much depreciation a property has suffered from, and more specifically how much depreciation the improvements on the land have depreciated. Buyers gaining power & farewell real estate honeymoon – Sacramento Appraisal Blog.

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Appraisal Development Market Value Tenants 279

Eppraisal

JANUARY 29, 2023

Once a suitable piece of vacant land becomes available, a prospective buyer must then determine what price is worth the acquisition. In this posting, we will follow the acts of contract negotiation and legal settlement when undeveloped land changes ownership. Subsequently, the process of conveyance must proceed.

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Development Counter Offer Easement Legal 36

Housing Wire

JUNE 9, 2022

That is typically accomplished through whole loan sales or private label securitizations along with hedging — such as the use of third-party forward contracts that allow for bulk loan sales at a future date at a predetermined rate. Among the plans is an effort to develop an automated underwriting app for non-QM loans, he said.

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Marketing Contracts Technology Mortgage 380

Eppraisal

MARCH 13, 2021

The real estate market is hot right now with pent-up buyer demand from 2020. Many homes receive multiple offers within a couple days of going on the market with buyers often paying more than list price for homes. Home values are rising and many real estate brokers are working overtime trying to find their buyers homes.

Buyers 36

Buyers Brokerage Contracts Home Value 36

Housing Wire

MAY 27, 2022

Making sure everyone is included spans from our diversity, equity & inclusion commitments to our product development where we create greater opportunities for our clients. It’s also more modern and appealing to first-time home buyers. Second, I am reminded daily how important it is to ensure responsible innovation.

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Modernization Legal Contracts Mortgage 374