Housing Wire

APRIL 9, 2021

.” With “Raveis Purchase,” which officially launched earlier this month, WRRE will acquire the home-seller’s property for an initial payment of up to 80% of the current value of the home, which unlocks the majority of the equity and enables the seller to settle any mortgages.

Brokerage 410

Brokerage Real Estate Clients Insurance 410

Eppraisal

OCTOBER 19, 2021

This is due to low interest rates, historically low inventory and more than usual buyers flocking to the market, thus, homes have been selling in record time. As a result, home values have been increasing. Buyers are offering sellers prices considerably above list price in many cases.

Appraisal 66

Appraisal Contracts Sellers Home Value 66

Eppraisal

JANUARY 13, 2023

Finding a seller's agent who will work hard for you and put your interests above their own is important. Here are five key questions to ask prospective seller's agents while you are conducting interviews. Will You Prepare a Comparative Market Analysis and a Detailed Net Sheet for Selling My Home?

Sellers 36

Sellers Agents Open Houses Real Estate Agent 36

Hank Miller Team

MARCH 6, 2024

There was pain of course, many buyers were eliminated and the withdrawals from those low rates is still being felt. We now have fewer buyers, less chaos and more time for buyers to consider their purchase. 23 saw a less severe drop in contracts and closings, sellers also recognizing that bull run was over.

Real Estate 52

Real Estate Sellers Buyers Inventory 52

Eppraisal

MARCH 15, 2022

When interviewing for a real estate agent to help you purchase a home, be sure to ask them what type of buyer representation they are going to provide to you. There are multiple types of buyer representation with differences in what they entail. There are benefits and downsides to each type.

Buyers 36

Buyers Real Estate Agent Tenants Landlords 36

Eppraisal

DECEMBER 20, 2022

Whether you are a home buyer or seller, the real estate transaction can sometimes be tricky to navigate. Each step will get you closer to a successful home closing. Part 1 of our next two posts will dissect the real estate transaction from the buyer's perspective.

Real Estate 36

Real Estate Buyers Inspection Real Estate Agent 36

Eppraisal

NOVEMBER 2, 2021

Buying a home can be one of the most exciting times in your life. 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 sellers agent's job is to market and sell a client's home.

Buyers 36

Buyers Agents Real Estate Agent Real Estate 36

Eppraisal

AUGUST 19, 2022

Home buyers almost always have a professional home inspection performed by a licensed inspection company when they purchase a home. However, it is not a bad idea for sellers to have a home inspection, or pre-listing home inspection, performed as well.

Inspection 68

Inspection Sellers Buyers Advertising 68

Cleveland Appraisal Blog

OCTOBER 14, 2021

On many of my appraisals at that time, my opinion of value would not support the contract price. Perhaps they were drinking the Kool-Aid that some are drinking today, that market value is whatever the purchase price is. Don’t drink the Kool-Aid that any contract price is reflective of market value.

Inventory 243

Inventory Market Value Appraisal Contracts 243

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

Eppraisal

MARCH 13, 2021

The real estate market is hot right now with pent-up buyer demand from 2020. According to the National Association of Realtors, the inventory of available homes on the market set a record at the end of 2020 as being the lowest since 1999. They work extra hard for the buyers they have an Exclusive Buyer Broker Agreement with.

Buyers 36

Buyers Brokerage Contracts Home Value 36

Eppraisal

FEBRUARY 28, 2023

They have different impacts on both the buyer and the seller in a real estate deal. As homes have been selling with multiple offers and at record speeds over the past few years, home buyers have been watching home statuses carefully in case contracts fall through.

Inspection 36

Inspection Contracts Sellers Real Estate 36

Eppraisal

JANUARY 10, 2023

Buying a home is one of the most important financial and emotional transactions you will ever make. It is imperative to find a buyer's agent who will work hard for you, understanding both your desires and financial realities in securing the ideal home. Be sure your buyer's agent knows how to work in a balancing market.

Agents 36

Agents Buyers Real Estate Agent Brokerage 36

Eppraisal

FEBRUARY 7, 2023

By contrast, a homebuilder acquires raw land to build on and sell when home values are high. First of all, sellers need to know who shops for vacant land, as noted above. First of all, sellers need to know who shops for vacant land, as noted above. Motivation will determine the price paid for your land.

Development 69

Development Sellers Legal Home Value 69

Eppraisal

JUNE 1, 2021

It is one of the best seller's markets the real estate industry has seen in a long time, perhaps even better than the mid-2000s. List your home for sale on the market one minute, and the next you're likely fielding offers. Home values are rising because of this. Most importantly, look at the buyer's financing.

Real Estate 64

Real Estate Contracts Sellers Buyers 64

Eppraisal

JULY 12, 2022

Earnest money is the money a buyer offers to have deposited at contract time to show he is earnest or serious about purchasing the home. As home values have been rising, so have earnest money amounts. How Earnest Money Works When you submit an offer to purchase a home, part of the contract deals with earnest money.

Contracts 36

Contracts Real Estate Agent Sellers Real Estate 36

Eppraisal

SEPTEMBER 7, 2022

For the past couple years, homes have been selling fast and home values have been increasing at record-breaking rates. The inventory of listed homes on the market has been historically low. In many markets home sellers no longer have the leverage they did a few months ago.

Real Estate 69

Real Estate Agents Real Estate Agent Marketing 69

Eppraisal

FEBRUARY 17, 2023

There are two ways in which home values can be estimated by real estate professionals. The average consumer may not know the difference between the two, however, home buyers and sellers need to know. " All in all, a CMA is performed by a real estate agent for a home seller or a home buyer.

Appraisal 36

Appraisal Real Estate Agent Marketing Real Estate 36

Eppraisal

NOVEMBER 9, 2021

Home buyers are still flocking to homes when they are listed for sale. Buyers continue to offer list price and above as home values are still going up. When a home buyer doesn’t pay cash for a home, he will most likely be purchasing the home with the help of a mortgage lender.

Appraisal 36

Appraisal Contracts Sellers Home Value 36

Raleigh Realty

FEBRUARY 19, 2022

But before you do there's one last factor to consider: the home appraisal. Like making counter-offers and going through the home inspection process, the home appraisal can be a sticking point between buyer and seller. Here's what you need to know about home appraisals so that you come prepared.

Appraisal Process 139

Appraisal Process Appraisal Construction Sellers 139

Eppraisal

MARCH 10, 2023

Sell, Rent and Then Buy Since the market is still more on the seller's side, you might want to sell your home first and get your money in the bank. If you are open to renting short-term before you find your new home, this is a desirable position to be in. . "House

Sellers 68

Sellers Home Value Real Estate Real Estate Agent 68

Eppraisal

MAY 12, 2021

This is a direct result of the historically low inventory of homes available for sale as buyers are competing for homes. NAR statistics cite that across the country the average number of offers on an existing home is between two and six. Buyers are placing their best offers to get sellers to choose them.

Sellers 67

Sellers Real Estate Buyers Home Value 67

Eppraisal

SEPTEMBER 30, 2021

It is one of the strongest seller's markets we've ever seen in the real estate industry. The inventory of available homes is at a record-breaking low. Buyer demand for homes is extremely high. Home values are rising. Many real estate contracts have this provision written in as an optional paragraph.

Inspection 36

Inspection Sellers Contracts Real Estate 36

Eppraisal

JULY 19, 2022

With home values rising and homes selling at record speed, it is helpful to have an attorney on your side during the transaction. Contract Review Whether you are a home buyer or a home seller, once you sign a contract it is time to hire a real estate attorney.

Real Estate 36

Real Estate Inspection Real Estate Agent Contracts 36

Eppraisal

APRIL 20, 2021

It's a sizzling, fast-paced seller's real estate market right now. Due in part to the inventory of available homes for sale being historically low, it was low at the end of 2019 and continues to drop. According to a homebuyinginstitute.com article, in February of 2021, there were fewer home for sale than in February 2020.

Sellers 66

Sellers Loan Officers Inventory Home Value 66

Eppraisal

APRIL 8, 2021

It's a "super seller's market" right now. Home values are increasing as buyers are competing for homes. According to the National Association of Realtors (NAR), the inventory of homes is at it's lowest since 1999. If you are a seller, it's the best time to get a good price and the best terms for your home.

Marketing 36

Marketing Inspection Contracts Buyers 36

Housing Wire

NOVEMBER 16, 2023

billion in damages to residential home sellers who successfully proved that the organization – which represents real estate agents at most of the top brokerages in the United States – colluded with other defendants to inflate agent commissions. In fact, 86% of homes that are sold in the US are listed on the MLS.

Realtors 421

Realtors Contracts Real Estate Agents 421

Listing Spark

MARCH 9, 2023

Episode Summary Aaron Jistel gives an update on the Texas Real Estate Market in Q1 2023 and recaps the 2022 market noting that it had been affected by a sudden increase in mortgage rates, with sales and home values declining. He provides advice on pricing homes and how to negotiate, as well as what to expect for the rest of 2023.

Real Estate 28

Real Estate Marketing Sellers Home Value 28

Listing Spark

FEBRUARY 27, 2024

Selling a home in Texas is expensive. Sellers can expect to spend up to 8.7% of the home’s value on closing costs—putting the cost of doing business at $26,850 based on the median home value. Then you have an important question to answer: how do you sell a home on your own without an agent ?

Agents 36

Agents Tools Open Houses Sellers 36

Eppraisal

DECEMBER 6, 2022

An array of factors influences the home value, mortgage interest rate, fees and timing of these exchanges. In this post, we talk about how issues near and far play a role in home sales. The problem for property sellers is that their sale might be a casualty of this tightening.

Real Estate 69

Real Estate Marketing Home Value Realtors 69

Lamacchia Realty

FEBRUARY 21, 2023

Essentially, this means that half the time, Zillow’s home value estimates are within 7.49% of the actual value. In a world where buyers and sellers are already skeptical of real estate agents, Zillow only makes things harder for them, therefore causing conflict and distrust.

Real Estate Agent 73

Real Estate Agent Real Estate Sellers Realtors 73

Eppraisal

OCTOBER 2, 2021

The demand for homes has been and is still high, as eager buyers rush to new listings and submit offers quickly. Home prices continue to increase and sellers are reaping the rewards of quick sales. According to an article written by Danielle Hale on Realtor.com, "Homes continue to sell faster than a year ago."

Agents 36

Agents Real Estate Agent Marketing Real Estate 36

PennyMac

SEPTEMBER 6, 2023

This is especially true if home sellers are trying to move quickly or are hoping to avoid costly renovations. Selling a House As Is Selling a house as-is means the homeowner will not make repairs or renovations before selling it to a buyer, even if the home has structural concerns or is in poor condition.

Renovations 36

Renovations Inspection Sellers Buyers 36

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. ."

Development 36

Development Finance Sellers Home Value 36

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.

Development 36

Development Counter Offer Easement Legal 36

Eppraisal

JULY 8, 2022

With home values rising and buyers paying high prices for homes, title companies' roles are more important than ever. Buyers paying these high prices for homes deserve protection. As a buyer, you don't want to purchase a home that has what the industry refers to as "clouds on the title."

Insurance 36

Insurance Real Estate Home Value Buyers 36

Birmingham Appraisal

JULY 7, 2022

These factors, as well as others, have an impact on home values because it affects buyer and seller behavior. If a buyer paid ‘X’ amount for a property similar to the one being appraised then other buyers will probably pay a similar price for the subject property.

Appraisal 63

Appraisal Marketing Contracts Buyers 63