Housing Wire

DECEMBER 18, 2023

“We have such a pent-up buyer pool that has just been waiting of the sidelines,” Kasper said. Despite the good news surrounding mortgage rates, Kasper said the inventory shortage will still be an issue in 2024. Our buyers are already, for the most part, struggling to come up with a down payment,” she said.

Real Estate 428

Real Estate Realtors Buyers Real Estate Agent 428

Housing Wire

MARCH 22, 2024

Part of our value as professional real estate agents is helping guide buyers through the process, using our expertise and first-hand experience. We can help them avoid common pitfalls and navigate the inventory to make the best decision for their unique needs and financial goals. I used to play a fun game with my buyer clients.

Real Estate Agent 396

Real Estate Agent Real Estate Clients Agents 396

Housing Wire

MAY 8, 2024

We have brought down expenses and continue to grow our agent count and inventory advantage,” Reffkin said. First, more buyers are using agents in 2023 than in 2003. Second, buyer agreements are not new. Compass has the best value proposition for buyers of any brokerage firm,” Reffkin said.

Agents 353

Agents Brokerage Real Estate Clients 353

Housing Wire

MAY 3, 2023

I wanted to close before May 1, so I selected a buyer who was already in underwriting. My agent exchanged a few emails with the buyer’s agent over a few minor repair requests, but this was all buttoned up very quickly. She made clear in our first conversation that the commission would only drop to 5% if she also found the buyer.

Agents 397

Agents Real Estate Agent Brokerage Real Estate 397

Housing Wire

NOVEMBER 23, 2020

The report notes that widespread foreclosure moratoria in place do not apply to legally vacant or abandoned homes. Buyers are showing up in force at the live foreclosure auctions, both in-person at the auction venues and now also virtually, thanks to the Remote Bid feature on the Auction.com mobile app,” Price said.

Buyers 529

Buyers Real Estate Investors Retail 529

Housing Wire

NOVEMBER 16, 2023

Despite multiple class-action antitrust commission lawsuits , increased uncertainty over mortgage rates and low housing inventory , Compass CEO and founder Robert Reffkin says “there has never been a better time to be in real estate than right now.”

Real Estate 417

Real Estate Agents Buyers Clients 417

Housing Wire

JULY 26, 2021

Solicitors are legally required when purchasing a home in Ireland.). They also had to pay for the brokerage sign outside their home, newspaper advertising, online ads and the brochures for potential buyers. Home buyers like my mother and father outside the U.S. And they paid a 1% fee to their solicitor for their purchase.

Real Estate Agent 382

Real Estate Agent Real Estate Sellers Legal 382

Cleveland Appraisal Blog

APRIL 26, 2023

With a shortage of housing inventory persisting, some are resorting to building their own home. If you decide to use a realtor it can make the experience much smoother, much easier and ultimately far better for you as a buyer. This frees up time for buyers to focus on other aspects of their lives. Hello friends!

Realtors 272

Realtors Buyers Real Estate Agent Appraisal 272

Housing Wire

OCTOBER 26, 2023

He testified that, in most cases, homebuyers would be unable to include buyer agent commission costs into their financing. “My concern is buyers who are cash-constrained,” Stevens said. ” But buyers are not the only ones who benefit from the current system, according to Stevens.

Buyers 375

Buyers Sellers Agents Law 375

Lamacchia Realty

JANUARY 4, 2022

BUYERS, DON'T MAKE THESE HOUSE HUNTING MISTAKES! Not Hiring a Buyer’s Agent Some home buyers believe it’s better to work with the listing agent directly hoping they’ll get a better deal than if they hire a buyer’s agent. Listing agents are contractually bound to act in the best interest of their seller, not the buyer.

Buyers 74

Buyers Agents Inventory Sellers 74

Housing Wire

NOVEMBER 1, 2023

Barton also told listeners that Zillow believes complete disruption to the existence of buyer’s agents is improbable, as the firm believes it is important for buyers to have someone looking after their interests in the homebuyer transaction. However, if buyer’s agency does disappear, Zillow is considering models where the U.S.

Real Estate 436

Real Estate Advertising Agents Realtors 436

Eppraisal

OCTOBER 26, 2021

This year the real estate industry is experiencing a market frenzy with a colossal amount of buyers looking for homes. The inventory of homes available is historically low. According to an article on keepingcurrentmatters.com, "A normal market's inventory sits at 6 months. When a house comes on the market, buyers flock to it.

Inspection 69

Inspection Buyers Real Estate Agent Contracts 69

Will Springer Realtor

APRIL 10, 2024

Allegations of collusion to inflate compensation paid to both buyer and seller agents in transactions prompted this landmark settlement, estimated at a staggering $418M. This move, while aiming to “decouple” buyer and seller compensation, may inadvertently reduce transparency for consumers when reviewing home-sale listings.

Real Estate 36

Real Estate Buyers Sellers Insurance 36

Cleveland Appraisal Blog

MAY 27, 2021

The buyers paid cash. I must admit, in the past year, there have been times when I have felt like many buyers don’t really care about value anymore. While it may seem like many buyers don’t care about what the market value of a home is, I think that we must be careful to not make that assumption.

Market Value 418

Market Value Appraisal Buyers Marketing 418

Hank Miller Team

FEBRUARY 27, 2022

Coming off the frenzied Atlanta 2021 real estate market, it's hard to imagine things could get tougher for home buyers, but they are. Home buyers are rushing to buy ahead of additional rate and/or rent increases, some will be trapped on the hamster wheel of renting. How do home buyers get their offer selected? Is that smart?

Buyers 52

Buyers Inspection Contracts Sellers 52

Housing Wire

APRIL 27, 2022

Part of the reason homeownership rate fell during that time was that when people lose their homes legally, they are taken off the homeownership percentage. This extra kick in demand, which I always refer to as replacement buyers, looks right to me. We had a lot of deleveraging that needed to occur in those years, and it took time.

Inventory 348

Inventory Housing Market Legal Mortgage 348

Empire Appraisal Group

FEBRUARY 29, 2024

Indeed, the National Association of Realtors®’ (NAR) 2023 Profile of Home Buyers and Sellers found that 89% of buyers and sellers in the last year used a real estate agent, up from the previous year. Even though the vast majority of home searches start online, most consumers still use real estate agents to buy or sell a home.

Sellers 78

Sellers Agents Real Estate Agent Real Estate 78

Will Springer Realtor

AUGUST 11, 2023

First, let’s set the scene: Housing inventory is shrinking year to year in most parts of the country and there are no signs of significant replenishment over the horizon. As the chart shows, a historically large segment of Millennials is inching toward 36, the median age of a first-time home buyer in the U.S.

Buyers 36

Buyers Development Construction New Listings 36

Housing Wire

AUGUST 16, 2023

Phoenix, said Vogel, was already dealing with low housing inventory and increasing affordability issues. While the building ordinance will certainly impact housing inventory, Elise Fay, a local eXp Realty agent, feels that, at least in the short term it won’t have a major impact on home prices.

Construction 326

Construction Agents Development Real Estate Agent 326

Raleigh Realty

FEBRUARY 2, 2022

Here are strategies to help with your requests for negotiating repairs after a home inspection Negotiating repairs after a home inspection doesn't have to be difficult, especially when you follow these 7 tips When an offer is accepted on a home, it can be easy for both buyers and sellers to feel that they’re at the end of the finish line.

Inspection 158

Inspection Sellers Buyers Realtors 158

Lamacchia Realty

DECEMBER 11, 2023

From the Covid-19 driven frenzy in 2020 to the significant inventory slowdown this year , buyers , sellers , and agents have all had adapt and grow comfortable with change. Buyers Typically Avoid FSBO Properties : Buyers will often avoid putting an offer on FSBO homes altogether.

Realtors 71

Realtors Real Estate Agent Sellers Realty 71

Hank Miller Team

JANUARY 16, 2023

Prices and inventory of course, but the massive influx of "hobby agents" over this period was a lesser covered negative result. The number of real estate agents soared to record highs, as did buyer remorse and complaints. Fire a Buyer’s Agent in GA EVERYTHING hinges on the buyer brokerage agreement that was signed.

Real Estate Agent 98

Real Estate Agent Real Estate Agents Sellers 98

Housing Wire

APRIL 13, 2022

Since 2016, legal immigration growth has declined by 40%. Increasing the supply of legal immigrant construction workers would accelerate economic growth. While home inventories remain low, the prospects for first-time buyers diminish. Prices continue to rise. Programs to scale up affordable housing.

Insurance 375

Insurance Construction Government Lending 375

Housing Wire

DECEMBER 20, 2022

The housing recession story is separate from the housing completion story and inventory backlog. The builders will finish what they are legally obligated to do. Over the last six weeks, we have seen that buyers came back in the data line when mortgage rates fell from 7.373% to 6.12%. So, the housing permits story is done.

Housing Market 404

Housing Market Marketing Construction Supply Chain 404

Cleveland Appraisal Blog

JANUARY 7, 2021

The buyer would probably say they were not interested in buying a second car. Of course, if the salesman said that the second car, could be purchased for half-price, the buyer might be interested because they could resell the second car and make a profit. Once we have more of something than we need, the value becomes less. www.anchor.fm/cash-appraiserstats.com.

Appraisal 344

Appraisal Legal Inspection Real Estate 344

Eppraisal

MAY 17, 2022

If you are a buyer in today’s market, it may seem like an uphill battle for you. This is mainly due to the lack of inventory of homes for sale and that home values are rising. Many buyers lose out on homes they put offers on more than once before finally having an offer accepted. Are "Love Letters" Legal?

Real Estate Agent 69

Real Estate Agent Sellers Legal Buyers 69

Quicken Loans

MAY 11, 2021

Inventory is tight right now and there’s no better sign of that than existing home sales, which fell quite a bit despite high demand. Even if a buyer has the money, they may be having trouble finding the home they want. However, traffic of prospective buyers walking through homes was up 3 points at 75. The Big Story. This is 23.4%

Real Estate 36

Real Estate Inventory Marketing Real Estate Agent 36

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. Buyers are offering sellers prices considerably above list price in many cases. This impacts the lenders, the sellers and the buyers in the transactions.

Appraisal 66

Appraisal Contracts Sellers Home Value 66

Hank Miller Team

OCTOBER 1, 2021

Are backup offers good options for home buyers and sellers? In highly competitive housing markets with desperate buyers and multiple offers, it might seem pointless to write a backup offer, but why not? Buyers and sellers have different considerations, but backup offers can be good options for each. What is a Backup Offer?

Sellers 52

Sellers Contracts Buyers New Listings 52

The Robert Weiler Company

SEPTEMBER 7, 2022

Our land brokers anticipate steady demand from land buyers, other CRE investors, land developers, and tenants in Ohio, Central Ohio, and Columbus, Ohio. The sector’s inventory levels, sales volume, and average sales prices indicate that momentum will continue this year. What Does Low Inventory Mean for Ohio Land for Sale?

Marketing 78

Marketing Real Estate Investing Retail 78

Will Springer Realtor

MAY 23, 2023

At the same time buyers are sitting on the sidelines, waiting patiently for rates to fall amid low housing inventory and rising home prices. This is more common than a seller-to-buyer direct transfer known as a ”simple assumption,” a riskier proposition for both parties because it leaves the lender out of the picture.)

Mortgage 36

Mortgage Sellers Buyers Government 36

The Robert Weiler Company

MAY 14, 2021

Operationally, it triggers a series of legal processes necessary to reallocate ownership of assets and belongings from the deceased to their beneficiaries. Settling an estate usually requires probate, the legal process reassigning ownership from a deceased person to their living beneficiary performed in court.

Real Estate 133

Real Estate Appraisal Legal Valuation 133

Eppraisal

SEPTEMBER 30, 2021

The inventory of available homes is at a record-breaking low. Buyer demand for homes is extremely high. Buyers are writing offers considerably above list price and they are writing other terms in their offers that are attractive to sellers. Sometimes sellers think that "as is" means that the buyers are waiving the inspections.

Inspection 36

Inspection Sellers Contracts Real Estate 36

Miller Samuel

MARCH 19, 2019

FPI's apparent belief that most of the high-end development sold ended up as empty pied-a-terres while wealthy buyers bid up the prices is incorrect. Much of this speculation is being driven by two factors: sparse supply, due to the absorption of the inventory left over from the last boom, and fast-rising prices.

Real Estate 370

Real Estate Law Development Investors 370

GoForrmz

JANUARY 9, 2023

Buyers and potential customers are likely to find your business through a digital platform. In many cases, you can also integrate with other platforms to automate appointment scheduling and reminders, payment processing, and inventory tracking to make your entire client interaction a breeze.

Business 78

Business Advertising Clients Technology 78

The Robert Weiler Company

APRIL 20, 2021

Here, buyers are trying to determine commercial valuation according to whether it is worth the investment to purchase the existing business, factoring in all assets and liabilities. How to value a small business or large enterprise is viewed differently by potential buyers depending on their current situations and standpoints.

Valuation 147

Valuation Business Buyers Market Value 147

PennyMac

DECEMBER 22, 2020

Many potential homebuyers and investors overlook bank-owned properties, but for buyers who take the time to understand the REO process, these homes can be a significant opportunity. The lender initiates legal proceedings against the borrower to foreclose on the property. Foreclosure. 10 Steps to Buying REO Properties.

Inspection 69

Inspection Real Estate Agent Real Estate Agents 69