article thumbnail

Top 5 home improvement projects real estate agents should recommend to sellers

Housing Wire

Many sellers have returned to offering concessions and dropping prices to entice buyers. Now more than ever, sellers expect an agent who will confidently create a plan to get them top dollar for their home. These days, buyers want move-in ready homes – they don’t want to face huge construction projects before they can get settled.

article thumbnail

Opinion: Why we should implement a mortgage marketplace model

Housing Wire

Fifteen years ago, I launched a business on a mission to modernize and decrease friction in the real estate finance supply chain. To our way of thinking, the model that suits modern mortgage lending to a ‘T’ is the marketplace model. Here’s what is possible now I’ve been thinking about these and similar issues my entire career.

Mortgage 428
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Opinion: Reformed FHA program will offer lenders new business opportunities

Housing Wire

Modern manufactured homes are an unusual feature of today’s housing market, the rare homeownership opportunity that is both lower-cost and high-quality. And when buyers of manufactured homes are unable to secure a loan, they must eitherscrape together the cash on their own or resort to seller financing—or forgo the purchase altogether.

Business 445
article thumbnail

Investor Insights: How to Thrive in CRE Amid Challenging Market Conditions

Appraisal Buzz

This is a reality that many sellers are unwilling to accept unless they are forced to. Many current sellers have begun a renovation but have run out of money prematurely as inflation has caused cost overruns and capital is less available to fund shortfalls. These sponsors may skip steps and cover up shoddy work.

Investors 195
article thumbnail

3 mortgage industry trends that will define the rest of 2021

Housing Wire

Like so many other production pipelines, the construction of new homes, along with shortages in building materials like concrete and lumber , caused a significant decrease in new homes for purchase. In addition, a vast majority of people spent more time at home in 2020 than ever before in modern history.

Mortgage 509
article thumbnail

A look behind this year’s Tech100 winners

Housing Wire

Time after time, real estate homebuyers and sellers choose to work with a real estate agent. The newest of these real estate technology companies are involved in offering buyers and sellers financing options so they can compete with cash buyers and investors, buy a home without a contingency and win in a multiple offer situation.

article thumbnail

Selling a Smart-Enabled Home: Best Steps Forward

Will Springer Realtor

There is another enhancement that many sellers may not consider: the addition of smart-home technology. Smart sellers are leveraging this advantage to attract buyers and expedite closings, with a typical home selling for up to 5% higher than homes without the technology. Check this site and your utility for the latest.)