Realtor

JULY 13, 2021

In our current seller’s market, the national inventory of active listings is down 43.1% They’re making sky-high offers and writing heartfelt letters to sellers about why they should get the house. The provisions of a contingency contract are there to protect buyers and sellers. Home inspection.

Inspection 203

Inspection Real Estate Agent Real Estate Buyers 203

Housing Wire

APRIL 13, 2021

Jay Garrett, a loan officer at Supreme Lending ’s McClellan Branch in Austin, said he is seeing 10 to 40 offers on houses no matter where they are in Austin, and cash offers are winning the day because sellers don’t want to have to worry about the house appraising too low for someone who needs financing. “If

Housing Market 532

Housing Market Buyers Marketing Real Estate Agent 532

Will Springer Realtor

MARCH 1, 2022

A home inspection is almost always the best route to take before purchasing a property. 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. This is the best option when a traditional inspection is not viable.

Inspection 36

Inspection Buyers Sellers Real Estate 36

Housing Wire

OCTOBER 1, 2022

Notably, the market has contracted as fewer buyers can afford to purchase in today’s market with the rise in interest rates and the continual rise in home prices. However, in many areas of the country it does remain a seller’s market. In 2008, 49% of Realtors had a client with a distressed sale, today it is only 1%.

Realtors 388

Realtors Housing Market Marketing Buyers 388

Birmingham Appraisal

AUGUST 23, 2023

When real estate agents and appraisers work together seamlessly, clients benefit from well-informed decisions, transactions become smoother, and professional relationships are strengthened. A mutually respectful partnership ensures that each of their clients receives informed advice, leading to confident decisions.

Agents 82

Agents Appraisal Valuation Appraisal Process 82

McKissock

JULY 26, 2022

Here are some tips on how to make the real estate transaction process as smooth as possible for you and your buyer clients. Requests to sellers to pay closing costs. Timeliness and types of inspections. There can be situations in a strong sellers’ market where more than one offer is received at the same time.

Real Estate 81

Real Estate Counter Offer Buyers Inspection 81

McKissock

JANUARY 31, 2023

” “There is a lot of research and number crunching to do, so asking for a value at time of inspection is a no go.” ” “That cost does not equal value on homes, and picking comparable sales just to hit contract prices is unethical. .” Was the seller highly motivated? .”

Real Estate Agent 97

Real Estate Agent Real Estate Agents Appraisal 97

Birmingham Appraisal

JUNE 21, 2023

Real estate agents, as trusted guides for their clients, must possess a good understanding of the factors that influence property appraisals. Importance of Accurate Pricing Accurate pricing is vital for both sellers and buyers. This knowledge equips clients with realistic expectations and empowers them to make informed decisions.

Real Estate Agent 75

Real Estate Agent Real Estate Agents Appraisal 75

McKissock

JULY 19, 2022

Red Flags: The seller demands payment upfront. Hasty changes to terms and conditions of the housing contract. Sellers are often on a time crunch to get properties locked into a contract, which leaves little time to properly deal with the unexpected. Red flags: A lawyer reaches out independent of the seller.

Real Estate 98

Real Estate Real Estate Agent Sellers Agents 98

Birmingham Appraisal

SEPTEMBER 15, 2022

You can read more about property inspection waivers in a past article I wrote. Appraisal vs Home Inspection. As a new homeowner, you might be confused about the differences between an appraisal and a home inspection. Other users might be sellers, mortgage underwriting, banks, and contractors.

Appraisal 90

Appraisal Inspection Appraisal Process Real Estate Agent 90

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. It's important to reverse engineer the sales process as a seller as you will want to understand who your target buyer is and that is likely someone working with a Realtor.

Real Estate Agent 133

Real Estate Agent Real Estate Realtors Contracts 133

Birmingham Appraisal

JUNE 13, 2023

I believe that appraisers and agents have a common goal: to help their clients buy or sell a home. If you choose not to be at the property during the appraisal inspection let the appraiser know you are available to answer any questions they may have.

Real Estate Agent 78

Real Estate Agent Real Estate Agents Reconsideration of Value 78

CA Realty Training

JULY 20, 2021

But, dealing with contracts and disclosures comes with the territory when you’re in escrow. When you’re an agent, you represent your clients. Whether it’s the buyer or the seller, they are the principals in your real estate deal. . The escrow company is responsible for ensuring that every stipulation of the contract is met.

Real Estate Agent 69

Real Estate Agent Contracts Agents Real Estate 69

CA Realty Training

SEPTEMBER 6, 2021

We will discuss the three contingencies that you’ll see, which are appraisal, inspection, and loan. So, the buyer will pay for an appraiser to inspect and write a report on the home’s value. So, the seller hopes that the appraised value is $1,000,000 or higher. What is an Inspection Contingency?

Real Estate 56

Real Estate Agents Inspection Real Estate Agent 56

Boston Appraisal

DECEMBER 11, 2023

The appraisal process is important for homeowners, buyers and sellers. For example, you can provide a copy of the sales contract, a list of recent improvements and their costs, a survey or plat map, a floor plan, deeds, a title report, or a homeowner association’s agreement.

Appraisal Process 78

Appraisal Process Real Estate Appraisal Easement 78

Appraisal Today

SEPTEMBER 22, 2023

To me, the big issue is who is doing the inspections. An AMC can offer different levels to their clients, depending on how much reliability their lender customers want or need. A buyer gets a seller’s disclosure statement for that information. Most of the inspection training we receive as appraisers happens in the field.

Appraisal 87

Appraisal Training Inspection Real Estate 87

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. How Earnest Money Works When you submit an offer to purchase a home, part of the contract deals with earnest money. What Happens to the Earnest Money if the Contract is Canceled?

Contracts 36

Contracts Real Estate Agent Sellers Real Estate 36

Birmingham Appraisal

FEBRUARY 20, 2024

On one hand, the real estate agent’s main goal is to advocate for their client while the appraiser must be an impartial and non-biased third party. It’s important to understand that collaboration does not mean that both parties must work together so that the deal closes at the contract price no matter what.

Agents 86

Agents Appraisal Real Estate Agent Bracketing 86

Will Springer Realtor

JULY 20, 2021

There was a time not too long ago when almost all residential real estate transactions required face-to-face customer interaction with a real estate agent/broker and ancillary services such as title, escrow, mortgage and home inspection. Save the receipts, complete some paperwork with your broker, and sellers simply repay the costs to John L.

Real Estate 36

Real Estate Sellers Contracts Buyers 36

McKissock

JANUARY 18, 2022

They are honest about what the client can afford, and they are willing to go to bat for them. A good agent is willing to share their knowledge of different areas, as well as share their contacts regarding loan officers, essential documentation that shows sellers the buyers are serious, among other services. Answer Questions.

Real Estate Agent 96

Real Estate Agent Real Estate Agents Buyers 96

Eppraisal

APRIL 20, 2021

It's a sizzling, fast-paced seller's real estate market right now. In parts of the country, sellers are receiving significantly more than asking price. If there are multiple offers, the seller's agent will probably ask each buyer for their "highest and best" offer in price and terms of the contract. It's that simple.

Sellers 66

Sellers Loan Officers Inventory Home Value 66

Lamacchia Realty

MAY 18, 2021

Real estate agents are trained and experienced at negotiating for the client to get the most out of each transaction and to ensure each step of the process is done with great attention to detail. This means negotiating the terms of contracts, closing costs, home inspections, and so much more. Seller Resources.

Real Estate Agent 59

Real Estate Agent Real Estate Agents Realty 59

Eppraisal

NOVEMBER 12, 2021

Selling your home can be profitable in today's seller's market as home values have risen significantly this year. What's taken many sellers by surprise this year, however, is that some homes haven't been appraising due to these higher sales prices. That's why neither you nor your buyer is the appraiser's client.

Appraisal 36

Appraisal Real Estate Agent Real Estate Buyers 36

Birmingham Appraisal

JUNE 1, 2022

Granted, the job of a real estate agent is to get the highest price for their client, but they must still live in the real world by studying historical sales trends. This may not be easy to see since we are in a seller’s market, however, as interest rates continue to rise it will become more apparent.

Agents 52

Agents Marketing Contracts Inventory 52

Eppraisal

MARCH 15, 2022

The contract states that they will use their best efforts to find a home that meets your criteria. Sellers usually pay real estate commission, and the seller’s brokerage cooperates and shares commission with the buyer’s brokerage. Treat all clients honestly. This percentage is stated in the agreement.

Buyers 36

Buyers Real Estate Agent Tenants Landlords 36

Appraisal Today

MARCH 31, 2023

First, “third party” inspections. And, with this inspection a traditional appraisal is no longer a requirement for the mortgage loan. Secondly, the 3rd party inspection is sent to a licensed appraiser. But how do you contact potential clients and referral sources? This is nothing new.

Appraisal 52

Appraisal Contracts Inspection Clients 52

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. However, just because you pay doesn’t mean you’re the client. “My

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. However, just because you pay doesn’t mean you’re the client. “My

Appraisal Process 78

Appraisal Process Appraisal Mortgage Buyers 78

Appraisal Today

NOVEMBER 4, 2022

Keep them up to date in every step of the report so that they can keep the Lender (and the Buyer/Seller/Realtor/Closing Attorneys when applicable) all in the loop on the progress of the report. Appraisers tend to get annoyed with constant emails from the AMC about inspection date, completion, report submission, etc. How got your name.

Reconsideration of Value 52

Reconsideration of Value Appraisal Inspection Advertising 52

Eppraisal

MARCH 13, 2021

Exclusive Buyer Broker Services A buyer's broker has a fiduciary responsibility to his clients. Explain documents such as contracts and disclosures. * Help you arrange inspections. Explain documents such as contracts and disclosures. * Help you arrange inspections. Help get you pre-approved for a mortgage. *

Buyers 36

Buyers Brokerage Contracts Home Value 36

Listing Spark

MARCH 18, 2024

Buyers’ agents use this database to search for properties on behalf of their clients, and public-facing websites like Trulia display listing details to prospective homebuyers. Electronic Signature Tools Today’s contracts often accommodate digital signatures rather than conventional wet signatures on printed documents.

Modernization 36

Modernization Tools Open Houses Real Estate 36

Raleigh Realty

SEPTEMBER 2, 2021

For Sale By Owner (FSBO) - Most sellers who choose to go this route are often trying to save money and know that in a FSBO you avoid having to pay a realtor’s commission fee. Realtors cannot tell you how many times clients have remarked on a home’s front door. However, it should be noted that selling your home is a full-time job.

Real Estate Agent 141

Real Estate Agent Realtors Buyers Real Estate 141

Town & Country Residential Appraisals

JANUARY 24, 2020

They ask you at the inspection “So, how much do you need this to come in at?” They always come in at exactly the contract price. If agents have done their job, then the contract price should be close to the market value. Wouldn’t it be nice if “bad guys” all had mustaches like they did in the old black and white movies?

Appraisal 36

Appraisal Market Value Contracts Clients 36

Housing Wire

SEPTEMBER 9, 2020

In the ultra-competitive Westchester market, the odds were stacked against Heather Harrison and her client. “The client went to highest and best on Monday at 5 p.m., and I counseled my client to bid accordingly, waive his mortgage contingency, then we bid $1.45 million and we got it.” and condos at 41.3% – 54.5%

Agents 477

Agents Marketing Buyers Clients 477

Appraisal Today

DECEMBER 2, 2022

Counseling buyers, sellers, owners, and tenants on inspections and remediations, improvements, and the appraisal process. Counseling buyers, sellers, owners, and tenants about listing and offering prices, and market rent. Which is MOST important for building strong appraisal-client relationships? Or hit the reply button.

Appraisal 81

Appraisal Agents Real Estate Real Estate Agent 81

Lifestyle Properties of Maine

AUGUST 6, 2019

One of the most nerve wracking parts of a real estate transaction can be the appraisal process for both buyers and sellers. What if the home doesn’t appraise for the contract value? Some people confuse a real estate appraisal with a home inspection. An inspection an investigation of a home by a licensed inspector.

Real Estate 28

Real Estate Appraisal Inspection Contracts 28

PennyMac

JULY 20, 2021

New agents can also often deliver high quality, personalized service as a result of having fewer clients. Find an agent who really understands the different contracts you need and how to properly fill them out, the legal obligations you’ll run into, and the financial side of the business. What percentage of your clients are buyers?

Real Estate Agent 69

Real Estate Agent Real Estate Agents Sellers 69