Housing Wire

NOVEMBER 1, 2023

Three researchers believe a first-of-its-kind dataset has enabled them to definitively answer a long-debated question: why have buyer agent commission rates been so stable historically? and relied on salaried agents rather than commission-paid agents, who typically cost sellers 5-6%.

Clients 432

Clients Agents Buyers Sellers 432

Housing Wire

MAY 21, 2024

For many, buying a home is a complex process, and navigating the real estate market’s rules and regulations can be tricky, especially in states where property sale prices remain a secret. Work with a real estate professional with MLS access In non-disclosure states, the role of real estate agents becomes even more crucial.

Real Estate Agent 466

Real Estate Agent Real Estate Inspection Tools 466

Housing Wire

JANUARY 24, 2024

What constitutes a “lowball” offer, when is it appropriate or not appropriate and how can you encourage your buyer clients to stop insisting on offering a price that’s unlikely to result in an offer? By definition, a lowball offer is an offer that is significantly below market value. Has the seller recently rejected offers?

Buyers 450

Buyers Sellers Agents Counter Offer 450

Housing Wire

FEBRUARY 24, 2021

Technology has given consumers the power of choice and expedited the entire real estate purchasing process. But we also must acknowledge that the core definition of any stimulus is to implement something that causes an immediate, short-term response. VL: So many areas could benefit by embracing digitalization.

Real Estate Agent 369

Real Estate Agent Real Estate Agents Loan Officers 369

Housing Wire

SEPTEMBER 30, 2020

” Kanacki’s market, like many others, remains competitive as buyers continue to experience bidding wars amid historically low housing inventory and an uptick in home prices. “I I think we’re going to continue with strong buyer demand,” Hamblen said.

Real Estate Agent 546

Real Estate Agent Real Estate Agents Realtors 546

Housing Wire

MAY 26, 2023

Secret Service , notified the title industry of a rise in what is known as vacant lot fraud, or seller impersonation fraud. “We We started to hear a lot about seller impersonation fraud early on in the year,” Tyler Adams, the CEO of CertifID, said. “We Oftentimes this leads to the discovery of vacant lots. million, according to NAR.

Sellers 384

Sellers Real Estate Realtors Real Estate Agent 384

Housing Wire

JUNE 10, 2021

While a real estate agent’s commission is one of the most expensive costs, it definitely isn’t the only one. From staging fees, home improvements, repairs and seller concessions, there are several hidden costs involved in the selling process. Home improvements and renovations are also important to buyers.

Sellers 546

Sellers Real Estate Agent Real Estate Decorating 546

Housing Wire

NOVEMBER 14, 2023

The lawsuit accuses its 29 defendants of colluding to artificially inflate real estate agent commissions. In the absence of NAR’s Mandatory Offer of Compensation Rule, the expense of buyer broker commissions would be incurred by the clients (homebuyers),” the filing states. “In 13, 2019, to the present.

Real Estate 410

Real Estate Realtors Realty Buyers 410

Housing Wire

APRIL 22, 2024

We negotiated to get the sellers the highest price possible. There are still plenty of buyers interested in this area. In fact, we had (number) offers, which means there are still ready, willing, and qualified buyers eager to make an offer! Many of us are in sellers’ markets with very low inventory.

Real Estate 440

Real Estate Open Houses Brokerage Real Estate Agent 440

Housing Wire

MARCH 18, 2024

While Danzey said the NAR’s decision to settle was not surprising, the quick turnaround for a July implementation date of the new rules definitely gave him a start — and he was not the only one. It is kind of like, ‘Who moved my cheese?’ — it is a pivot from the norm of forever in real estate,” Smith said. More off-MLS listings?

Brokerage 421

Brokerage Real Estate Agents Sellers 421

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. If there is no writing, courts may dismiss an action for a commission.

Real Estate 370

Real Estate Legal Brokerage Clients 370

Housing Wire

NOVEMBER 9, 2023

We’ve definitely seen a movement in the last few years to be more ‘end-consumer friendly’ if you will — making sure that they are protected, not only in knowing their rights, but that they are protected from all the cost that is associated with the real estate transaction,” Braga said.

Legal 431

Legal Real Estate Real Estate Agent Law 431

Realtor

SEPTEMBER 19, 2023

Here are some things sellers can do—straight from the home appraisers’ mouths—to navigate the process of home appraisals. This usually takes at least a few days — and definitely more than a few hours. Here’s how to find a real estate agent in your area. After all, who will notice?

Appraisal 194

Appraisal Sellers Real Estate Agent Appraisal Process 194

McKissock

JANUARY 31, 2023

As part of our Question of the Month survey series, we asked members of our appraisal community, “What’s one thing you wish real estate agents knew about the appraisal process?” ” “The definition of market value.” Because of where buyers want to live. Was the seller highly motivated?

Real Estate Agent 97

Real Estate Agent Real Estate Agents Appraisal 97

Housing Wire

NOVEMBER 2, 2023

Real estate agents are always looking for vetted, high-quality leads — and especially so during 2023 market conditions. These providers offer a rapid and cost-effective means for real estate agents to gather a list of potential clients and ultimately boost sales.

Real Estate 431

Real Estate Real Estate Agent Tools Agents 431

Hank Miller Team

NOVEMBER 16, 2022

Here’s a fun fact, real estate agents in GA have no fiduciary responsibility to their client or customer. Are Real Estate Agents in GA Fiduciaries? In some states, but in Georgia real estate agents are not fiduciaries. It’s incumbent upon both buyers and sellers to do their part as well.

Real Estate Agent 52

Real Estate Agent Real Estate Agents Clients 52

Appraisal Buzz

SEPTEMBER 26, 2022

They found liar buyers. We have rules, we have standards, and we all know the exact definition of value. The “official unofficial” government-related loan definition of market value is clear. It says buyer and seller are: Prudent and knowledgeable. Also part of the definition: Reasonable market exposure time.

Market Value 321

Market Value Sellers Buyers Finance 321

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.

Agents 410

Agents Buyers Training Law 410

McKissock

APRIL 5, 2022

As a real estate agent, safety isn’t something that’s discussed nearly enough. Our Real Estate Safety continuing education course will help protect you and your clients. Make them readily available to all sellers and prospective buyers by including them in your marketing materials.

Real Estate Agent 86

Real Estate Agent Real Estate Agents Open Houses 86

McKissock

APRIL 20, 2021

Becoming a real estate agent requires a giant leap of faith and an investment of time and money. That’s why some agents may choose to test the waters with a part-time real estate position while hanging onto a steady income from another job. How much is a part-time real estate agent salary?

Real Estate Agent 98

Real Estate Agent Real Estate Agents Realtors 98

Housing Wire

APRIL 26, 2023

To achieve deal flow, loan officers have been forced to come up with creative ways to persuade buyers they can make the deal work, half a dozen of mortgage professionals interviewed by HousingWire said. There are also advantages to working with buyers in a less competitive marketplace.

Loan Officers 397

Loan Officers Mortgage Inventory Clients 397

Housing Wire

JULY 21, 2021

Selling and buying in The Villages tends to be a highly emotional process, according to local real estate agents. The transaction often brings about a festive atmosphere for the buyers, who are looking forward to spending the rest of their days with a wide range of other seniors. But the resale market works the same.”

Real Estate Agent 397

Real Estate Agent Real Estate Realty Agents 397

McKissock

SEPTEMBER 20, 2020

As a real estate agent, your income is determined by your ability to close the deal. To successfully master the art of real estate negotiations, you’ll want to find the most creative and powerful strategies available. The Negotiation Book: Your Definitive Guide to Successful Negotiating. By Steve Gates.

Real Estate Agent 73

Real Estate Agent Real Estate Agents Contracts 73

Housing Wire

APRIL 6, 2021

Linda (who asked that her real name not be used) beat out a dozen other prospective buyers in a bidding war by offering $445,000 and waiving all contingencies. With others waiting in line behind her, the seller wouldn’t budge on price. It was definitely a rush job! Sellers are surely getting greedy.”.

Appraisal 540

Appraisal Reconsideration of Value Real Estate Agent Sellers 540

Housing Wire

DECEMBER 7, 2023

This tool alerts agents immediately when a referral is posted, enabling them to connect with potential clients immediately. For the budget-conscious and tech-savvy agent, HotSheet is definitely a great CRM to start with. Agile CRM supports up to 10 users and 50,000 contacts.

Real Estate 441

Real Estate Real Estate Agent Tools Agents 441

Lamacchia Realty

AUGUST 15, 2023

WE BUY HOUSES: HOME CASH BUYER PROS AND CONS What is a Home Cash Buyer? Let’s face it, we’ve all seen the online ads and billboards (and we’ve definitely seen that certain famous caveman) for real estate businesses offering to buy your home quickly and with cash. In many cases, a home can be sold within days.

Buyers 56

Buyers Real Estate Agent Real Estate Realty 56

Quicken Loans

JUNE 3, 2021

The most successful realtors and agents are finding ways to incorporate technology into their practices to increase their efficiency and draw in more clients, but the rising popularity of iBuying platforms has led to a whole new wave of trepidation. iBuyers are real estate companies that buy and sell properties through technology.

Sellers 55

Sellers Buyers Agents Real Estate Agent 55

Hank Miller Team

APRIL 12, 2023

Georgia is a buyer beware state, so does a seller have to disclose repaired defects? Home sellers in Georgia must disclose known latent or hidden defects, things that might not be discovered during a reasonable inspection of the home. Real estate agents have certain obligations as well.

Sellers 40

Sellers Easement Inspection Real Estate Agent 40

Housing Wire

JULY 25, 2022

Local real estate agents, loan officers and appraisers from each city share what characteristics are currently defining their housing markets. Last spring was completely insane,” said Sarah Goodyear, an agent on the local Coldwell Banker-based Choice Team. “We Rapid City, South Dakota. Rapid City, South Dakota.

Housing Market 370

Housing Market Marketing Real Estate Real Estate Agent 370

Cleveland Appraisal Blog

FEBRUARY 7, 2023

Taking accurate measurements yields a more precise cost When setting the asking price for a home, what is one of the most important considerations for the seller and the real estate agent? Based on the assessor’s square footage of 1,500 square feet, the listing agent promotes the property for $125 per square foot.

Real Estate Agent 289

Real Estate Agent Property Taxes Real Estate Appraisal 289

Housing Wire

OCTOBER 31, 2023

Buyer’s agent commissions won’t necessarily go away Two weeks ago, the Real Estate Board of New York (REBNY) and the Residential Listing Service modified their rules starting Jan. No big deal, except for one thing: Almost all MLS information is already syndicated with every large real estate portal.

Real Estate 421

Real Estate Realtors Agents Buyers 421

Housing Wire

APRIL 20, 2022

Bonnie Williamson never intended to be a real estate agent. In addition, according to the NAR 2021 Profile of Home Buyers and Sellers report , 87% of buyers who recently purchased homes did so through a real estate agent or broker, up from 69% in 2001.

Real Estate Agent 421

Real Estate Agent Real Estate Agents Brokerage 421

Lamacchia Realty

DECEMBER 18, 2023

AGENT VS. REALTOR: WHY THE DIFFERENCE MATTERS Often, we hear the terms “real estate agent” and “REALTOR ®” being used synonymously. To the everyday buyer and seller , they may not think there is much of a difference between the two. There are over 1,000 local NAR associations and boards, spanning all 50 U.S.

Realtors 68

Realtors Agents Real Estate Agent Real Estate 68

Lamacchia Realty

MAY 6, 2024

WHY YOU NEED A REAL ESTATE ATTORNEY WHEN BUYING A HOME When buying a home, you might wonder, “Do I need a real estate attorney, or is my real estate agent enough?” Before we dive into the details, let’s talk about what services a real estate attorney can provide.

Real Estate 70

Real Estate Legal Law Contracts 70

Housing Wire

JULY 25, 2023

One of my recent new home buyers got their final quote on a property a 30-minute drive from the coast and it had gone up 40% from a year ago. The rising costs and lack of availability of homeowners insurance has forced many homeowners and buyers to turn to Citizens Property Insurance Corporation , the state’s insurer of last resort.

Insurance 370

Insurance Housing Market Marketing Agents 370

Housing Wire

OCTOBER 5, 2021

Low inventory means fewer choices for homebuyers, but for years enterprising real estate agents have worked around tight market conditions by searching for off-market homes that fit their clients’ specifications. At the end of the day, it’s the dollars that really count to the seller,” Clark added.

Real Estate Agent 432

Real Estate Agent Real Estate Agents Marketing 432

Birmingham Appraisal

SEPTEMBER 26, 2023

The market area that the property is located in can definatley support the price but does the price truely reflect the market value of that specific property or does it reflect what a super motivated buyer with available funds is willing to pay? For sellers, this can be appealing, as it may justify a higher asking price.

Real Estate Agent 87

Real Estate Agent Real Estate Clients Agents 87