Housing Wire

MARCH 22, 2024

In a document filed with the Securities and Exchange Commission on Friday morning, the Robert Reffkin-helmed firm announced that it had reached a nationwide settlement in relation to the Umpa and Gibson suits on Thursday. The reason we have chosen to settle is so we can minimize distractions and focus on serving you and your clients.”

Brokerage 458

Brokerage Realtors Agents Clients 458

McKissock

SEPTEMBER 20, 2021

Real estate agents are commonly sued for breaching their duty to act in the best interests of their client. To protect your clients’ interests, and reduce your own risk exposure, check out our highly-rated course, Know the Code: Your Guide to the Code of Ethics. Real estate risk management is an important concern for agents.

Real Estate 58

Real Estate Clients Real Estate Agent Realtors 58

Housing Wire

MAY 1, 2024

When HomeServices of America reached a nationwide settlement agreement last week in the commission lawsuits filed by home sellers, it became the final defendant in the two original commission cases, Sitzer/Burnett and Moehrl, to do so. According to court documents, the final approval hearing for NAR’s settlement is set for Nov.

Realtors 412

Realtors Real Estate Agent Real Estate Brokerage 412

Housing Wire

SEPTEMBER 6, 2023

Worst case scenario, the broker representing the buyer will have to negotiate their own fee with their client and the seller can no longer be compelled to make a blanket offer of compensation in order to list on the MLS,” Murray said. We are not going to defend this case anymore,’ so that will definitely lead to changes.”

Agents 421

Agents Buyers Realtors Sellers 421

Raleigh Realty

FEBRUARY 4, 2022

What is Dual Agency in Real Estate and Should you Avoid it Most buyers and sellers are familiar with how listing agents and buyer’s agents work which leads us to the question of what is dual agency in real estate? My first transaction as a Real Estate Agent was as a dual agent representing both the buyer and the seller.

Real Estate 148

Real Estate Real Estate Agent Sellers Agents 148

Housing Wire

JUNE 11, 2021

You can potentially ask the seller to pay for the improvements, or you can ask for a lower sales price to offset the cost of the repairs. If the seller is eager to sell the property, they might lower the listing price to match the appraisal. On the other hand, the seller might disagree with the appraisal and refuse to negotiate.

Inspection 432

Inspection Appraisal Buyers Appraisal Process 432

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

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. Being a fiduciary thus requires being bound both legally and ethically to act in the other's best interests. It’s incumbent upon both buyers and sellers to do their part as well. Some may ask, “what does that mean”?

Real Estate Agent 52

Real Estate Agent Real Estate Agents Clients 52

Housing Wire

MARCH 28, 2024

More than a few real estate agents will roll their eyes and sigh when asked by a client, upon the signing of a sales contract, “What’s next?” Yes, the complex legal and regulatory web that can vary from state to state and even city to city doesn’t invite a quick and smooth passage to the closing.

HOA 466

HOA Property Management Real Estate Agent Technology 466

Appraisal Hub

JANUARY 11, 2021

There are many different reasons to conduct a property appraisal, such as to help sellers and buyers identify reasonable selling or buying prices, determine the property’s value for mortgage purposes, tax assessments, and business dissolution. A client must order the appraisal. When it’s necessary. Everything is verified.

Real Estate 78

Real Estate Appraisal Property Appraisal Inspection 78

Cleveland Appraisal Blog

MARCH 15, 2023

To make the process go as smoothly as possible, start by focusing on the important steps, like downsizing, gathering important legal records, organizing medical information, preparing for a move, and any needed storage. Legal Documents Moving to a senior living community requires legal documents to ensure your health, safety, and well-being.

Legal 52

Legal Transportation Appraisal Design 52

Eppraisal

JULY 28, 2023

The integration of AI technologies is revolutionizing the way people buy and sell houses, streamlining processes, enhancing decision-making, and providing new opportunities for buyers, sellers, and real estate agents. Streamlined Transaction Process Buying or selling a house often involves a complex web of paperwork and legal procedures.

Real Estate Agent 36

Real Estate Agent Real Estate Sellers Buyers 36

Housing Wire

NOVEMBER 22, 2023

More than a few real estate agents will roll their eyes and sigh when asked by a client, upon the signing of a sales contract, “What’s next?” And the complex legal and regulatory web that can vary from state to state and even city to city doesn’t invite a quick and smooth passage to the closing. in question.

HOA 431

HOA Real Estate Agent Technology Real Estate 431

Berkshire Hathaway

NOVEMBER 3, 2021

Buying a home typically requires a variety of forms, reports, disclosures, and other legal and financial documents. Every member must adhere to the REALTOR® Code of Ethics, which is based on professionalism, serving the interests of clients, and protecting the public. Act as an expert guide. Give you expanded search power.

Real Estate 69

Real Estate Real Estate Agent Realtors Agents 69

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 421

Realtors Contracts Real Estate Agents 421

McKissock

APRIL 3, 2022

There are usually too many cooks in the kitchen when you’ve got those who handle your listings, payment transactions, as well as your legal documentation with your clientele. For buyers and sellers, this means they’ll get more bang for their buck when they save on commissions and fees typically charged by brokers, lawyers, and banks.

Real Estate 73

Real Estate Real Estate Agent Technology Contracts 73

Housing Wire

AUGUST 4, 2023

Yes, you should certainly be able to post an impressive listing and understand the ins and outs of closing, but helping buyers and sellers means cultivating a diverse set of skills to navigate a complex and ever-changing real estate market. Real estate professionals who listen carefully better understand their clients’ wants and needs.

Real Estate Agent 370

Real Estate Agent Real Estate Agents Clients 370

The Robert Weiler Company

OCTOBER 15, 2021

If not for the in-depth work of independent commercial real estate appraisers in challenging the updated tax burden of their clients, the property owner, many would be unnecessarily paying increased taxes. As such, investors must verify the seller, financials, and property obligations (i.e., Skimping out of the physical inspection.

Investing 138

Investing Real Estate Tenants Investors 138

Housing Wire

OCTOBER 9, 2023

How getting a real estate license in Illinois is different from other states While most states call the professional who represents a buyer or a seller of commercial or residential real estate a “real estate agent,” Illinois calls this individual a “real estate broker.”

Real Estate Agent 421

Real Estate Agent Real Estate Agents Brokerage 421

AmeriMac

JULY 25, 2022

The seller wants to max out the estimate based on the growing inflation and number of renovations made, while the buyer wants the best deal in the market even as home affordability worsens. Reinforces Clients’ Confidence. This is essential for clients with little to no knowledge about appraisals. Resolves Legal Conflict.

Real Estate 36

Real Estate Appraisal Valuation Clients 36

McKissock

MAY 8, 2022

There are usually too many cooks in the kitchen when you’ve got those who handle your listings, payment transactions, as well as your legal documentation with your clientele. For buyers and sellers, this means they’ll get more bang for their buck when they save on commissions and fees typically charged by brokers, lawyers, and banks.

Real Estate 52

Real Estate Real Estate Agent Technology Agents 52

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. It can help you get more business from AMCs (and other lender clients). I keep my advertising clients and this newsletter’s content separate.

Reconsideration of Value 52

Reconsideration of Value Appraisal Inspection Advertising 52

Listing Spark

SEPTEMBER 1, 2023

Real estate investors operate differently than conventional buyers and sellers, especially to get the 26.9% The primary objective of a brokerage is to help clients with strategic decision-making, managing paperwork and contracts, and ensuring transactions comply with legal and industry-specific parameters.

Investors 36

Investors Brokerage Real Estate Agent Real Estate 36

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

Listing Spark

SEPTEMBER 5, 2023

While their advice and services can be helpful, you aren’t legally required to use one. FSBO sellers identify this step as one of the biggest challenges in selling their homes, but there are a few ways to simplify it. Only licensed real estate agents have access to the database, so it used to be unreachable for FSBO sellers.

Realtors 36

Realtors Real Estate Agent Real Estate Agents 36

Housing Wire

MARCH 14, 2022

As the principal broker for a RE/MAX franchise in coastal Cannon Beach, Oregon, Alaina Giguiere’s typical responsibilities include marketing homes for sellers, touring homes with buyers, generating new business leads, managing client relationships, and drafting and reviewing contracts with buyers and sellers.

Real Estate 410

Real Estate Insurance Law Real Estate Agent 410

AmeriMac

JANUARY 15, 2024

The appraisal report provides an accurate valuation of the property, which is crucial for both buyers and sellers in real estate transactions. This report is a crucial document in real estate transactions, helping buyers, sellers, and mortgage lenders make informed decisions based on the property’s market value.

Appraisal 36

Appraisal Appraisal Process Valuation Real Estate 36

Portland Appraisal Blog

APRIL 14, 2019

You’re a real estate agent and after a lot of back-and-forth, give-and-take, offers and counteroffers, you’ve helped your client negotiate a sweet price for their home. You, the seller, the buyer, the lender—heck, even the mailman, are all shocked the deal has fallen apart. Which is a legal no-no.). What just happened?

Appraisal 78

Appraisal Reconsideration of Value Agents Market Value 78

Quicken Loans

NOVEMBER 22, 2021

Veterans and service members may also need to meet additional criteria set in place by their lender or submit specific documentation of one of the above requirements, like a certificate of eligibility (CEO), DD Form 214, NGB Form 22 or another VA form. There are closing costs associated with any mortgage that have to be paid by the client.

Property Taxes 60

Property Taxes Sellers Finance Insurance 60

Listing Spark

NOVEMBER 24, 2021

In 2020 the average Dallas resident paid $19,200 in real estate commissions, the typical ListingSpark home-seller pays about $356 in listing commission to sell their home on the MLS. Pros : With our one of a kind $7 a day listing service , our clients typically only spend between $200-$500 to get their homes sold in the Dallas area.

Realtors 36

Realtors Real Estate Advertising Agents 36

Listing Spark

NOVEMBER 24, 2021

In 2020 the average San Antonio resident paid $17,901 in real estate commissions, the typical ListingSpark home-seller pays about $356 in listing commission to sell their home on the MLS. Pros : With our one of a kind $7 a day listing service , our clients typically only spend between $200-$500 to get their homes sold in the San Antonio area.

Realtors 36

Realtors Real Estate Advertising Agents 36

Listing Spark

NOVEMBER 24, 2021

In 2020 the average Houston resident paid $12,360 in real estate commissions, the typical ListingSpark home-seller pays about $356 in listing commission to sell their home on the MLS. Pros : With our one of a kind $7 a day listing service , our clients typically only spend between $200-$500 to get their homes sold in the Houston area.

Realtors 36

Realtors Real Estate Advertising Agents 36

Listing Spark

NOVEMBER 24, 2021

In 2020 the average Austin resident paid $36,360 in real estate commissions, the typical ListingSpark home-seller pays about $356 in listing commission to sell their home on the MLS. Pros : With our one of a kind $7 a day listing service , our clients typically only spend between $200-$500 to get their homes sold in the Austin area.

Realtors 36

Realtors Real Estate Advertising Agents 36

Hank Miller Team

JANUARY 16, 2023

The document lays out the requirements of each party. Some agents cover all costs up front, some have sellers pay and agents reimburse them at close, others have all marketing covered by the seller. Sect C, item 8a touches on events considered seller default. Again, READ the forms and understand what they mean.

Real Estate Agent 98

Real Estate Agent Real Estate Agents Sellers 98

Listing Spark

JANUARY 15, 2024

Real estate brokerages facilitate property transactions in a legal, business, and insured capacity, and they provide resources to buyers, sellers, and agents under the brokerage’s umbrella. These factors will make your offer more tempting to sellers who want a deal done.

Brokerage 36

Brokerage Investors Investing Real Estate 36

Realvals

JUNE 18, 2023

I have had many clients that want to make an offer without a contingency, or want to make sure their offer is competitive. ” ( source ) The only way to obtain legal ownership of the property is to go through the probate process. The appraisal gives them peace of mind in either case.

Appraisal 145

Appraisal Property Taxes Real Estate Market Value 145

Houston Properties

JANUARY 13, 2021

Avoid 9 Costly Mistakes Sellers Make. We’re already having conversations with our clients in the industry. We use data to create custom solutions for our clients, present this to them, and have candid conversations on what they should do given the situation. 2020 ended favoring sellers. Do You Want To Buy A Home Now?

Housing Market 68

Housing Market Marketing Real Estate Realtors 68