Will Springer Realtor

DECEMBER 5, 2023

Our state is at the forefront of improving a document that each buyer and seller receives near the start of the purchase and sale process, and for the first time, our industry will be required to have a contract with buyers. The agency term of 12 months will be the standard but buyers can agree to any length in writing.

Law 62

Law Buyers Sellers Real Estate 62

Appraiserblogs

NOVEMBER 7, 2023

Could it be because of the racial bias complaint filed against me by an unhappy Seller… Fannie Mae accomplished what they set out to do in July 2011, when they initiated their Uniform Appraisal Dataset (UAD) and the Uniform Collateral Data Portal. So what’s caused the sudden loss of income? Related Posts: Low Appraised Value = Racial Bias?

Sellers 126

Sellers Valuation Law Contracts 126

Miller Samuel

APRIL 29, 2020

Throughout my career, I have seen brokerage firms publish pending/contract reports, touting pending trends as more reliable than reports based on closings. The simplistic, uninformed argument for pending sales is that contract dates occur before closing dates, so they are more current. I plan to develop one someday.

Contracts 195

Contracts Real Estate Agent Inspection Law 195

Hank Miller Team

SEPTEMBER 14, 2022

Well what's old is new; let's get ready for the return of verbal (mostly) combat regarding seller's disclosures. Can the seller change the disclosure after contract? "it depends" Issues with the seller's disclosure tend to be the most common thing buyers and sellers lock horns over.

Contracts 52

Contracts Sellers Buyers Law 52

Housing Wire

JULY 19, 2023

A typical commission dispute arises when, after signing a listing agreement or buyer-broker agreement: A seller-client “cancels” a valid purchase contract. A seller-client cancels a listing. A seller-client permits the property to be foreclosed upon.

Real Estate 323

Real Estate Legal Brokerage Clients 323

Housing Wire

OCTOBER 3, 2023

This is a dramatic and peculiar stance, given that same company a couple of years ago launched a $1 million annual advertising campaign touting a 1% listing fee, but only if the seller turned into a buyer for them. Meaning, they were counting on buyer agent compensation to pay their bills. How, then, will a buyer agent get paid?

Agents 394

Agents Buyers Training Law 394

The Robert Weiler Company

JANUARY 2, 2021

In real estate, buyers and sellers must be knowledgeable to make informed decisions. Are you familiar with a land contract in Ohio, as well as the state-specific requirements? What is a land contract in Ohio, really? While a land contract might be ideal for you, there are important details you need to know, first.

Contracts 143

Contracts Tenants Legal Sellers 143

Housing Wire

OCTOBER 20, 2023

So far, week one of the Sitzer/Burnett bombshell class action antitrust buyer broker commission lawsuit has seen four of the five named plaintiffs testify in front of the jury. The buyer who chose them and who they’re working for should pay them,” Ellis said. She did a good job for him [the buyer], but I had to pay her commission.”

Contracts 395

Contracts Agents Buyers Real Estate 395

Housing Wire

FEBRUARY 20, 2024

A housing market marked by relatively high interest rates and tight inventory — and punctuated by the practice of home inspection waivers to sweeten offers — are taking a bite out of business for home inspectors, who play a key role in the sales process by ensuring that buyers are not being sold a lemon of a house.

Inspection 400

Inspection Real Estate Agent Real Estate Insurance 400

Lamacchia Realty

MAY 6, 2024

When you hire a real estate attorney, you’re getting someone who is licensed to practice law with industry specific experience. Their job is to make sure the sale from the seller to the buyer happens within the confines of the law, while also looking out for your best interests.

Real Estate 70

Real Estate Legal Law Contracts 70

Housing Wire

APRIL 16, 2024

with real estate night sweats and want to alleviate your stress by banging out a text does not mean the other agent, your buyer prospect, your seller client, or the appraiser wants to share your insomnia. States have laws about what constitutes an agreement, a digital signature, or a contract. in New York is not 9 a.m.

Real Estate Agent 381

Real Estate Agent Real Estate Agents Business 381

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.

Buyers 371

Buyers Sellers Finance Contracts 371

Empire Appraisal Group

JUNE 29, 2023

million homes in homeowners’ associations (HOAs), most of our members have helped prepare contracts that address issues associated with association rules. Condo Associations: The Differences Similarity 1: Disclosures mandated by statute Both riders contain disclosures mandated by Florida law. . – With over 1.5

HOA 78

HOA Contracts Sellers Buyers 78

Housing Wire

DECEMBER 27, 2022

.” Houses were selling at a fever pitch in a matter of days, with multiple offers, waived contingencies and buyers paying $100,000(!) The Big Chill” or “Frozen,” says Green, principal at real estate law firm Polunsky Beitel Green. over asking price. High octane stuff. But the housing market in the second half of 2022?

Housing Market 514

Housing Market Marketing Real Estate Agent Real Estate 514

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?

Contracts 64

Contracts Appraisal Market Value Real Estate 64

Listing Spark

OCTOBER 25, 2023

Selling your home can be an exciting and stressful time, especially when you choose to do it as a For Sale By Owner (FSBO) seller. While it may seem like the best approach to save money by avoiding commission fees, it’s essential to be aware of some of the pitfalls that FSBO sellers face when selling their home.

Sellers 36

Sellers Legal Real Estate Real Estate Agent 36

Raleigh Realty

MARCH 31, 2021

A contingency clause doesn't necessarily mean all hope is lost for prospective buyers. Different states have different laws as it surrounds contingencies so you'll want to speak with your Realtor about the current local rules for contingent homes. The seller does not have the ability to accept another offer.

Real Estate 148

Real Estate Sellers Contracts Buyers 148

Cleveland Appraisal Blog

AUGUST 11, 2022

In that case, potential buyers will lay down an ‘as-is’ offer, which means they will acquire the home in its current condition. Therefore, you don’t have to fix or account for any issues that might be discovered in a professional home inspection issued by the buyer. Buyers may walk away from the purchase.

Renovations 221

Renovations Buyers Appraisal Investing 221

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

Eppraisal

OCTOBER 28, 2021

Basically, this is giving the buyers notice of any repairs, if any, that the home may require. Potential buyers will look at the disclosures to see if there are any red flags. The disclosures help protect the buyers. They also help protect the sellers from any future liability.

Inspection 36

Inspection Sellers Contracts Buyers 36

Will Springer Realtor

MARCH 1, 2022

In a competitive market, however, buyers recognize that submitting an offer with a request to conduct a traditional inspection can hurt their chances of winning a bidding war. Sellers generally receive multiple offers, with at least a few without a home inspection contingency.

Inspection 36

Inspection Buyers Sellers Real Estate 36

Raleigh Realty

MARCH 23, 2021

The question should I sell my home for sale by owner or without a Realtor® is likely one asked by every home seller with the thought of trying to save money. Buyers want to work with the best local Realtors® to help them when buying a home because it is such a large financial purchase with so many different components involved.

Real Estate Agent 133

Real Estate Agent Real Estate Realtors Contracts 133

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

NOVEMBER 30, 2023

Covers license law, real property, agency, state & federal laws, advertising, valuation, finance, real estate calculations, contracts & more + 15-hr Applied Real Estate Principles, an interactive course Leap Learning 60-hr Online Topics Package $419 60 of required 75 hrs. Self-paced. 15 of required 75 hrs.

Real Estate 406

Real Estate Realtors Real Estate Agent Law 406

Miller Samuel

FEBRUARY 12, 2019

In ’09, Miller said sellers were anchored to the “pre-Lehman, pre-financial crisis asking prices” and had to travel farther on price to meet a buyer. Miller said there are more buyers today compared to 2009, but those buyers are “very jaded about what value is.” In 2018 the discount was 5.2%. That process can take time.

Marketing 221

Marketing Real Estate Appraisal Sellers 221

Housing Wire

DECEMBER 7, 2023

Covers reciprocal application process, relevant laws & regulations Base Non-Credit NH Reciprocity: For anyone licensed in MA seeking NH reciprocity eligibility. Covers licensing laws & the reciprocal licensing process. After the class, you will receive the certificate for each state to renew both states’ licenses. out of 5.

Real Estate 363

Real Estate Real Estate Agent Law Brokerage 363

McKissock

JULY 19, 2022

Red Flags: The seller demands payment upfront. In terms of real estate, the internet has made it easier for affluent buyers to invest in real estate overseas. Hasty changes to terms and conditions of the housing contract. Red flags: A lawyer reaches out independent of the seller. Lack of documentation.

Real Estate 98

Real Estate Real Estate Agent Sellers Agents 98

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

McKissock

JANUARY 18, 2022

Dale Schaechterle, the founding partner and CEO at Realty Executives Integrity , shares with Forbes that the services of a good real estate agent are essential for a first-time home buyer given the complicated network of mortgage rates and tax laws that they will have to navigate. How far will their budget truly go? Answer Questions.

Real Estate Agent 96

Real Estate Agent Real Estate Agents Buyers 96

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. Local Laws and Bylaws.

Real Estate 78

Real Estate Buyers Contracts Development 78

Appraiserblogs

MAY 10, 2023

A bill being crafted by the New York state Senate’s Finance Committee would, in effect, place a $2,000 bounty on the head of any heretical real estate appraiser in the Empire State who dares conclude a value that fails to satisfy a seller, serial refinancer or commissioned broker in a deal.

Appraisal 106

Appraisal Real Estate Sellers Finance 106

The Robert Weiler Company

OCTOBER 15, 2021

Having a keen sense of these factors off the bat helps property or land buyers determine the predicted economic atmosphere within the coming years. For first time buyers, hiring a property manager is recommended. As such, investors must verify the seller, financials, and property obligations (i.e., A recent change by the U.S.

Investing 138

Investing Real Estate Tenants Investors 138

Listing Spark

OCTOBER 9, 2023

In this blog post, we’ll explore the typical experience of a For Sale By Owner seller and provide insights into what you can expect when listing your property. By eliminating these costs, sellers can potentially save thousands of dollars. You set the price, decide how to market your home, and negotiate directly with buyers.

Real Estate Agent 36

Real Estate Agent Legal Real Estate Agents 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. Unless the decision is appealed, NAR will have to pay at least $1.8

Realtors 406

Realtors Contracts Real Estate Agents 406

Realtor

FEBRUARY 22, 2019

Just because you and the sellers have agreed on a price doesn’t mean it’s a done deal—your lender needs to be on board, too. Whoever takes out the mortgage pays for the home appraisal, unless the contract specifies otherwise. Then the buyer pays the fee in the closing costs. They protect buyers from a bad deal.

Appraisal Process 78

Appraisal Process Appraisal Mortgage Buyers 78

Realtor

FEBRUARY 22, 2019

Just because you and the sellers have agreed on a price doesn’t mean it’s a done deal—your lender needs to be on board, too. Whoever takes out the mortgage pays for the home appraisal, unless the contract specifies otherwise. Then the buyer pays the fee in the closing costs. They protect buyers from a bad deal.

Appraisal Process 78

Appraisal Process Appraisal Mortgage Buyers 78

Listing Spark

MARCH 9, 2023

There were 10 consecutive months of declining sales and many sellers had to recalibrate their expectations in order to get their homes sold. It’s still technically a seller’s market, but it doesn’t feel that way when we have a 4.5x Things are starting to look up in 2023 with a break in mortgage rates. [00:05:15]-[00:05:31]

Real Estate 28

Real Estate Marketing Sellers Home Value 28