Housing Wire

JANUARY 27, 2023

Most retail lenders are desperately seeking high producing loan originators to make up for the losses that occurred in 2022. California-based retail lender JVM Lending plans to drum up business this year — but by doing the exact opposite.

Lending 388

Lending Real Estate Agent Loan Officers Retail 388

Appraisal Today

SEPTEMBER 22, 2023

They included appraisers, real estate agents, and someone with a week, a month, or online video training. An AMC can offer different levels to their clients, depending on how much reliability their lender customers want or need. Using MLS photos is a joke, as real estate agents don’t take photos of defects.

Appraisal 85

Appraisal Training Inspection Real Estate 85

Appraisal Today

MAY 10, 2024

I have never done an “official” ROV for a lender, but I did not like any lender clients objecting to my values. And if you work in real estate, be prepared to serve clients in all stations of life. I first started writing a real estate column in the local newspaper back in the late 1980s but did not like it.

Reconsideration of Value 69

Reconsideration of Value Appraisal Real Estate Insurance 69

Appraisal Today

JULY 29, 2022

57 Weird Real Estate Agent Photos. Excerpt: Yes, many great real estate photos really capture the house. More Terrible Real Estate Agent Photos for Appraisers. This is actually about fewer buyers getting into contract. Some got teller jobs in bank retail locations. percent from 5.82

Real Estate Agent 52

Real Estate Agent Real Estate Appraisal Agents 52

Appraisal Today

DECEMBER 2, 2022

My comments: Real estate agents and brokers are salespersons. Over the years, I observed that successful real estate agents seldom switched to the much less profitable appraisal side. Over the years, I observed that successful real estate agents seldom switched to the much less profitable appraisal side.

Appraisal 80

Appraisal Agents Real Estate Real Estate Agent 80

Housing Wire

AUGUST 16, 2023

The speed of the rate hikes has shrunk gain-on-sale margins because mortgage companies haven’t contracted quickly enough to offset falling demand. Its in-house servicing is helping extend the client life cycle, something that bigger players have used to great effect with refis. But servicing performance has been exceptional.

Retail 360

Retail Real Estate Agent Business Mortgage 360

Appraisal Today

JULY 21, 2023

Communicating with non-lender clients: Very different from lenders. How to get referrals from real estate agents. 116 W 10th St, Tifton, GA (photo above) Price: $295,000 Work and play: The 2,350-square-foot home’s wide, wraparound porch is plenty welcoming—to friends, family, or even clients. Website not required!!

Appraisal 88

Appraisal Real Estate Contracts Business 88

Appraisal Today

MARCH 31, 2023

But how do you contact potential clients and referral sources? One easy way is networking at meetings, such as the Chamber of Commerce, local bar associations, real estate agent meetings, appraiser meetings, etc. Then forward that answer on to the client/AMC. How did I accomplish getting so many referrals?

Appraisal 52

Appraisal Contracts Inspection Clients 52

Appraisal Today

APRIL 21, 2023

Increased numbers of state appraisal boards are looking at complaints against appraisers from the standpoint of the consumer, rather than that of the client and/or the intended user(s). As all appraisers are aware, the consumer has no standing with the appraiser (assuming the consumer is not the named client or intended user).

Appraisal 52

Appraisal Contracts Modernization Mortgage 52

Appraisal Today

NOVEMBER 10, 2022

Expert witness work, tax work, estate work and arbitration work all produce liability claims against appraisers. In one case, an appraiser serving as an expert was sued by his client because the client’s win wasn’t financially rewarding enough. Sellers, did you hear that? What graphs do you want to use?

Appraisal 52

Appraisal Real Estate Agent Real Estate Contracts 52

Appraisal Today

APRIL 7, 2023

Becoming a Go-to Appraiser for Realtors during a Confusing Time in the Industry Real estate agents and appraisers are taught different methods of valuation both in qualifying and continuing education as well as in the field. The average contract interest rate for 15-year fixed-rate mortgages increased to 5.97

Appraisal 52

Appraisal Property Taxes Reconsideration of Value Contracts 52

Appraisal Today

JUNE 17, 2022

NOTE: Please scroll down to read the other topics in this long blog post on real estate market, USPAP and contracts, unusual homes, mortgage origination stats, etc. ==. Include graphs and charts in your appraisal to show your clients what is happening now and why they need human appraisers. . USPAP and the Contract.

Appraisal 52

Appraisal Contracts Real Estate Mortgage 52

Appraisal Today

SEPTEMBER 23, 2022

Excerpts: … senior leaders at AMCs, lenders and the GSEs have noted that slower appraisal volume will favor those appraisers who can stay in communication with their clients and provide faster turn times. The upcoming October issue of the monthly Appraisal Today has an article, “Which are your best current and former AMC/lender clients?

Appraisal 52

Appraisal Marketing Business Contracts 52

Appraisal Today

OCTOBER 27, 2023

Going Above and Beyond with AMCs and Other Clients 5. I became well-known among appraisers, real estate agents, and others. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) increased to 7.90 Networking With a Passion 2. Speaking and Educating 3.

Property Appraisal 71

Property Appraisal Appraisal Business Contracts 71

Appraisal Today

APRIL 14, 2023

It is a place where we can show our clients just how valuable an appraisal can be. If our business revolves around mortgage lending, we are used to dealing with clients who have a certain level of sophistication. Many of us have learned to truncate our verbiage because our lending clients do not want to read volumes.

Appraisal 52

Appraisal Bracketing Contracts Valuation 52

Appraisal Today

JUNE 10, 2022

Recall the five forces of friction: practices, standards, education, regulation, and client expectation. Communicating with non-lender clients: Very, very different than lenders. How to get referrals from real estate agents. Estate/trust appraising Special Report – Good, steady business. percent from 5.33

Appraisal 52

Appraisal Contracts Business Mortgage 52

Appraisal Today

OCTOBER 7, 2022

Sometimes real estate agents take them on and off the market. =. An appraiser can easily lose a lender client because they were low on an appraisal. Lenders, real estate agents, etc. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA increased to 6.60

Appraisal 52

Appraisal Contracts Architecture Housing Market 52

Appraisal Today

FEBRUARY 3, 2023

I had good clients but did not like the dramatic volume changes. Murdoch told a gathering of real estate agents soon after the acquisition. “We CoStar, led by Andy Florance, has become a major player in residential real estate data over the past decade, spending more than $2 billion on acquisitions since 2014. .

Appraisal 40

Appraisal Contracts Business Mortgage 40

Appraisal Today

JULY 8, 2022

is the best lender client for appraisers. It affects Real estate agents, appraisers, home builders, and anyone who uses floor plans for business purposes. For example, AMCs have requirements from Fannie and many lenders, but most non-lender clients have fewer requirements that seldom change. Estate and Trust.

Appraisal 52

Appraisal Property Taxes Contracts Mortgage 52

Houston Properties

JANUARY 13, 2021

Houston real estate is hyper-local, some areas are doing better than others. Properties are still going under contract. Based on last year’s sales data, the number of homes that have gone under contract is still consistent with figures prior to the coronavirus and the oil price crash. I May Need To Sell.

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

Appraisal Today

APRIL 1, 2023

I tend to put a similar amount of effort into the communication side for all clients, and like to think that my work product is solid. To see the listing, click here == Dos and Don’ts of Sharing Comparable Sales By: McKissock Excerpts: When real estate agents provide relevant comparable sales to appraisers, it certainly benefits both parties.

Clients 52

Clients Appraisal Contracts Business 52

Appraisal Today

FEBRUARY 24, 2023

Those appraisers who built strong relationships with their AMC and lender clients, who returned phone calls promptly, never “went dark” with their clients, always turned their assignments in on time (or early) — they are the ones who are still getting orders even when times are slow. Firearms became more and more used. percent from 6.39

Appraisal 52

Appraisal Architecture Valuation Business 52

The Robert Weiler Company

OCTOBER 21, 2022

allow a commercial broker to counsel a client on commercial real estate investment matters, such as goals, alternatives, resources, constraints, and timing; Question 4: How accurate are commercial real estate appraisals? .; Rent a section to retail establishments.

Real Estate 60

Real Estate Appraisal Property Appraisal Valuation 60

Appraisal Today

SEPTEMBER 15, 2023

Appraisers are less likely this year to cite expanding regulations/interpretations of regulations, lender requirements, pressure from real estate agents/brokers, and liability concerns. From Dave Towne: Over the years, many appraisers have reported being blacklisted by real estate agents and even mortgage brokers.

Appraisal 81

Appraisal Real Estate Agent Contracts Real Estate 81

Appraisal Today

AUGUST 25, 2023

NOTE: Please scroll down to read the other topics in this long blog post on non lender appraisals, MLS hacked, appraisers and real estate agents, Humor, unusual homes, mortgage origination == Massive Missouri Lake Winnebago House for $12.6M Excerpts: The 16,814-square-foot home sits on a more-than-third-acre, lakeside lot.

Appraisal 75

Appraisal Real Estate Agent Agents Real Estate 75

Appraisal Today

APRIL 12, 2024

Insurance purposes: Lenders or other clients may order desktop appraisals for insurance purposes to determine the property’s replacement cost or insurable value. It is written for real estate agents and has general information on appraisal at the beginning. I had never seen anything written about this situation.

Appraisal 76

Appraisal Construction Contracts Architecture 76

Appraisal Today

AUGUST 13, 2023

As I talk with appraiser colleagues and real estate agents, I’m hearing this sentiment quite a bit. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) increased to 7.09 The average contract interest rate for 15-year fixed-rate mortgages increased to 6.51

Appraisal 74

Appraisal Contracts Real Estate Agent Mortgage 74

Appraisal Today

OCTOBER 14, 2022

Consistent application of both quality control and quality assurance processes for appraisal review may also be in part a reason for improvement, as appraisers have a better understanding of what is needed by their client. I have always collected all the money owed from my lender clients using the collection techniques I write about.

Appraisal 52

Appraisal Insurance Real Estate Business 52

The Robert Weiler Company

SEPTEMBER 7, 2022

Let’s dive into what real estate agents can expect from the Buckeye State as we continue in 2022. On the other hand, the average prices for office buildings, hotels, and retail malls declined in 2021. Land sales for the office and retail markets increased by 3% in 2021. Office & Retail Land for Sale.

Marketing 78

Marketing Real Estate Investing Retail 78

Appraisal Today

SEPTEMBER 2, 2022

A major source of frustration for appraisers is the realization that clients do not have to follow USPAP. The ethical and performance requirements of USPAP apply only to appraisers, not to clients. Educate your appraisal clients. I have lost many clients over the years because I was ethical. Appraisal Business Tips .

Appraisal 52

Appraisal Contracts Clients Real Estate 52

Appraisal Today

APRIL 28, 2023

Call the client and have them re-assign the order? Setting client expectations is a critical first step in any real estate appraisal assignment. Make sure you’re fully aligned with your client every step of the way in order to set the tone and help prevent potential dissatisfaction… 2. What to do? percent from 0.5

Appraisal 52

Appraisal Real Estate Business Contracts 52

Appraisal Today

JANUARY 12, 2024

I always made them and never had any complaints from my lender clients. Many referrals come from real estate agents. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) increased to 6.81 The average contract interest rate for 5/1 ARMs increased to 6.17

Appraisal 67

Appraisal Contracts Mortgage Marketing 67

Appraisal Today

NOVEMBER 20, 2022

My comments: Written for real estate agents but relevant for appraisers as we report on the market. The primary purpose of an appraisal blog is to market to real estate agents, your best referral source for non-lender appraisals. How often do you speak with local real estate agents?

Appraisal 52

Appraisal Real Estate Agent Real Estate Contracts 52

Appraisal Today

SEPTEMBER 1, 2023

Examples of data sources include, but are not limited to, a multiple listing service, deed records, tax records, real estate agents, builders, appraisers, appraiser’s files, and other third-party sources and vendors. Possibilities include: Notify the client of potential for delays in delivery dates. percent from 7.27

Appraisal 77

Appraisal Contracts Mortgage Real Estate 77

Appraisal Today

SEPTEMBER 29, 2023

I had never seen a Fannie form, so all types of clients were new. Estate and divorce require heavy networking over time with real estate agents, the primary referral source. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) increased to 7.41

Insurance 78

Insurance Appraisal Contracts Mortgage 78

Quicken Loans

AUGUST 3, 2021

However, you deal with enough purchase contracts in home negotiations to know that language matters. This is where a good real estate agent can counsel patience for a frustrated buyer or gently nudge a seller to reality. Retail Sales. Overall retail sales were up 0.6% Nothing changed. More News You Can Use.

Real Estate 53

Real Estate Marketing Real Estate Agent Clients 53

Quicken Loans

JULY 8, 2021

Retail Sales. Retail sales fell 1.3% You’ll want to be patient with your clients. This is a great sign for June and July existing home sales numbers because it represents the number of homes under contract for sale, most of which will become closings in the future. As noted earlier, supply is extremely tight at 2.5

Real Estate 57

Real Estate Marketing Construction Retail 57