Housing Wire

SEPTEMBER 7, 2023

Attorneys, Realtors and clients are a big part of our repeat business.” The buyers want the listing brokers to pay their buyer representative so they can have the most money invested in their down payment and get the best loan terms and rates possible,” Katie Johnson , NAR’s chief legal officer, said.

Buyers 390

Buyers Agents Loan Officers Real Estate 390

Housing Wire

NOVEMBER 17, 2023

In their filing, the plaintiffs highlight HomeServices’ franchise agreements, training videos, as well as the now infamous Allan Dalton video, as evidence of HomeServices enforcing the National Association of Realtors’ Clear Cooperation policy. I would always answer, ‘Yes, commissions are negotiable, but I can only go up from six.’”

Training 382

Training Realtors Agents Real Estate 382

Housing Wire

FEBRUARY 22, 2024

Ted Tozer , the former president of Ginnie Mae and current nonresident fellow at the Urban Institute’s Housing Finance Policy Center , shares a similar opinion. This way it is all part of the sales contract, and the buyer doesn’t have to come out of pocket to actually pay the broker, just like it is today,” Tozer said. “In

Sellers 414

Sellers Buyers Real Estate Agents 414

Housing Wire

OCTOBER 20, 2023

During their testimony, attorneys for the defendants, which now include National Association of Realtors , Keller Williams and HomeServices of America , had the opportunity, if they wished, to cross-examine the witnesses in addition to the questions posed by Michael Ketchmark, the lead attorney for the plaintiffs.

Contracts 395

Contracts Agents Buyers Real Estate 395

Lamacchia Realty

MAY 6, 2024

This agreement is a binding contract that outlines the rights and obligations of the buyer and seller during the whole buying process. Their job is to pay close attention to every detail to make sure the agreement i ncludes all the legal requirements. This search determines if the seller has the legal right to sell the property.

Real Estate 70

Real Estate Legal Law Contracts 70

Housing Wire

DECEMBER 26, 2023

And the school’s practice tests, contract workshops, and other tools are designed to ensure confidence as you begin your career. Topics include basic real estate practices & principles, real estate law, financing, brokerage, contracts, closings + more Required 30 hrs of post-licensing coursework.

Real Estate 392

Real Estate Real Estate Agent Design Law 392

Hank Miller Team

OCTOBER 24, 2023

Real estate contracts occasionally collapse due to Buyer problems, but what if the Seller bails out? What used to be infrequent is becoming more common; Sellers backing out of contracts. There are two options; recover the earnest money and move on, or sue the Seller for specific performance; make them close per the contract terms.

Sellers 52

Sellers Buyers Contracts Legal 52

Raleigh Realty

AUGUST 17, 2021

Understanding Due Diligence and Earnest Money in North Carolina Real Estate When you go under contract on a home in North Carolina you are going to encounter terms like Due Diligence and Earnest Money. It's important to note that real estate contracts and laws change depending on what state you are in. Due Diligence: What Is it?

Real Estate 148

Real Estate Real Estate Agent Contracts Inspection 148

Housing Wire

DECEMBER 20, 2023

It’s the ultimate in legalized fraud. In and of itself, it’s legal, provided the lead really did come from the source and it’s diligently tracked by the lender. In and of itself, it’s legal, provided the lead really did come from the source and it’s diligently tracked by the lender.

Loan Officers 448

Loan Officers Clients Law Legal 448

Housing Wire

APRIL 5, 2024

The appeals court said that this was because the contracts signed by the sellers were not directly signed by HomeServices. Supreme Court and asked for a review of an August 2023 ruling by the Eight Circuit Court, which found that HomeServices could not enforce arbitration agreements signed by seller clients of its franchisees.

Brokerage 390

Brokerage Sellers Law Contracts 390

Eppraisal

OCTOBER 23, 2023

Your bid may need to be higher, your contract contingencies may be undesirable or other buyers may have more attractive financing requirements. You can say no to the counteroffer, accept it or propose new changes to the contract. Arriving at a verbal agreement differs from being in a contract.

Real Estate Agent 69

Real Estate Agent Sellers Inspection Real Estate 69

Eppraisal

FEBRUARY 7, 2023

We have considered the acquisition of vacant land, financing that purchase; and complying with legal standards. Meanwhile, high-profile online presence is a must while offering seller financing is a plus. A realtor sells houses -- yes, the land underneath and surrounding -- first and foremost.

Development 69

Development Sellers Legal Home Value 69

Hood Homes Blog

SEPTEMBER 21, 2018

The builder’s rep already preapproved you with their lender and has a contract out ready for you to sign. Literally, their legal responsibility is to put the seller’s interests first, not your own. Get an agent whose legal responsibility is to put your interests first. Your spouse is ecstatic. Online Resources for Buyers.

Contracts 36

Contracts Construction Agents Legal 36

Raleigh Realty

MARCH 31, 2021

Different states have different laws as it surrounds contingencies so you'll want to speak with your Realtor about the current local rules for contingent homes. Once a contract is accepted both buyer and seller have contractual obligations to live up to and only the buyer may back out at that point.

Real Estate 148

Real Estate Sellers Contracts Buyers 148

Eppraisal

OCTOBER 19, 2021

In fact, according to the National Association of Realtors, "94% of metro areas saw double-digit price growth in the second quarter of 2021." There are many instances nowadays where a house doesn't appraise for the price on the contract. You have a legal right to ask the sellers to sell you the home for the appraised price.

Appraisal 66

Appraisal Contracts Sellers Home Value 66

McKissock

SEPTEMBER 20, 2021

Additionally, it’s a good idea to gain a solid understanding of the Code of Ethics and Standards of Practice of the National Association of REALTORs® (NAR). The remaining articles deal with Board of Realtors® proceedings and duties to other Realtors®. See NAR’s thirty-one Case Interpretations of Article 1.

Real Estate 58

Real Estate Clients Real Estate Agent Realtors 58

Housing Wire

NOVEMBER 30, 2023

You’ll also want a sponsoring real estate brokerage that offers administrative support, including inputting MLS information, helping with contract follow-up, and handling other office tasks. SALESPERSON LICENSE EXAMINATION APPLICATION” [link] Ohio Realtors. Online Salesperson Application & Transfer” [link] Ohio Realtors.

Real Estate 396

Real Estate Real Estate Agent Brokerage Agents 396

Realtor

DECEMBER 7, 2019

I would never allow my sellers to agree to it,” says Katie Wethman , a Realtor® with The Wethman Group at Keller Williams Realty in McLean, VA. Contingency: Financing. This contingency gives you the right to back out of the deal if your home financing falls through. But not every buyer needs to worry as much about financing.

HOA 108

HOA Inspection Sellers Appraisal 108

Birmingham Appraisal

SEPTEMBER 26, 2023

Legal Implications If a buyer or seller relies on an inflated outlier-based list price to make a significant financial decision and later faces financial hardships as a result, they may pursue legal action. Related posts: What is bracketing and why should Realtors do it?

Real Estate Agent 86

Real Estate Agent Real Estate Clients Agents 86

Will Springer Realtor

APRIL 14, 2023

After nearly a year, the housing sector’s contraction is coming to an end,” notes Lawrence Yun, National Association of Realtors® chief economist, speaking about the U.S. Existing-home sales, pending contracts and new-home construction pending contracts have turned the corner and climbed for the past three months.” 

Contracts 36

Contracts Buyers Housing Market Design 36

Realtor

DECEMBER 7, 2019

I would never allow my sellers to agree to it,” says Katie Wethman , a Realtor® with The Wethman Group at Keller Williams Realty in McLean, VA. Contingency: Financing. This contingency gives you the right to back out of the deal if your home financing falls through. But not every buyer needs to worry as much about financing.

HOA 78

HOA Inspection Sellers Appraisal 78

D Fritz Appraisals

AUGUST 12, 2019

Real estate appraisal documents are legal, confidential documents that are only released to the original requestor of the appraisal report as well as other parties with the original requestor’s permission. They both happen prior to the sale of a home and are often both added as subjects on a contract. What Is a Home Inspection?

Inspection 94

Inspection Appraisal Real Estate Property Appraisal 94

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 ruled that the lender did not owe the borrower a legal duty to assure that the independent appraiser’s valuation was correct.

Reconsideration of Value 52

Reconsideration of Value Appraisal Inspection Advertising 52

Appraisal Today

JUNE 23, 2023

From determining asset values for financial reporting to assisting with investment analysis, property disputes, tax planning, and mortgage financing, appraisers offer a wealth of knowledge and data that accountants can rely on for accurate and informed decision-making. The average contract interest rate for 5/1 ARMs increased to 6.09

Appraisal 87

Appraisal Real Estate Valuation Contracts 87

Housing Wire

OCTOBER 22, 2023

Currently, there are about 154,113 Realtors ® in Texas, according to the National Association of Realtors. You’ll also want a sponsoring real estate broker that offers administrative support, including inputting MLS information, helping with contract follow-up, and handling other office tasks.

Real Estate 385

Real Estate Real Estate Agent Agents Brokerage 385

Houston Properties

JANUARY 13, 2021

The average household finances are in the best shape they’ve ever been in. Household Finances – The Best (Ever). Top Ranked Realtors: Paige Martin & The Houston Properties Team. Household Finances – The Best (Ever). Properties are still going under contract. Concerned about a housing market crash?

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

Housing Wire

MARCH 7, 2022

said Hoepen, the Compass agent who writes the “Crypto News for Realtors” newsletter. The NFT representing ownership of an LLC representing ownership of a house is 100% legally meaningless. between signing a contract to buy a home and purchase closing is 50 days, according to a September 2021 report from ICE Mortgage Technology.

Real Estate 474

Real Estate Law Inspection Agents 474

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 403

Real Estate Insurance Law Real Estate Agent 403

PennyMac

DECEMBER 22, 2020

The lender initiates legal proceedings against the borrower to foreclose on the property. Multiple Listing Service: Lenders and Realtors® often use the Multiple Listing Service to list REO properties, making it easy to find options from multiple lenders in one place. Step 2: Find a Lender and Discuss REO Financing.

Inspection 69

Inspection Real Estate Agent Real Estate Agents 69

PennyMac

APRIL 2, 2020

Your home buying budget will be impacted by your household finances and the market you are searching in. The help and guidance provided by a real estate agent or REALTOR ® can be priceless, particularly for first-time homebuyers or those searching in an unfamiliar area. Is Homeowners Insurance Legally Required?

Real Estate Agent 36

Real Estate Agent Inspection Sellers Real Estate 36

Housing Wire

NOVEMBER 30, 2023

Program follows a blueprint developed by the OH Association of Realtors®. The selected additional course will serve to expand your knowledge in the areas of economics, sales, persuasive communications, workplace collaboration, and/ or corporate finance. Athens Campus location.

Real Estate 399

Real Estate Real Estate Agent Law Inspection 399

Listing Spark

JANUARY 15, 2024

Some of the dominant challenges in the recent real estate market are financing or upfront capital requirements, deciding on a liquidation strategy, and dealing with market fluctuations. Challenge #1: Managing Finances When you’re buying an investment property, financing is a major hurdle.

Brokerage 36

Brokerage Investors Investing Real Estate 36

Housing Wire

NOVEMBER 15, 2023

Ask the average real estate agent or broker in America if they believe the National Association of Realtors (NAR) and brokerages are likely to win the bombshell Sitzer/Burnett commission lawsuit case on appeal. Such an outcome, many predict, could eventually force a disassociation between the Realtor-owned MLSs and the NAR mothership.

Realtors 404

Realtors Agents Real Estate Real Estate Agent 404

The Robert Weiler Company

SEPTEMBER 7, 2022

And undeveloped land is increasingly attractive for investors after favorable reports from the Ohio REALTORS®. Figures from the Ohio REALTORS® Housing Market Report reveal that Ohio home sales reached historical levels in May 2022. Reports have revealed a strong land market. Homes sales reached 14,210 in May 2022, a 1.8% land market.

Marketing 78

Marketing Real Estate Investing Retail 78

Will Springer Realtor

APRIL 10, 2024

Recent news that the National Association of Realtors® (NAR) wishes to settle a series of lawsuits from home sellers has sent ripples through the real estate industry. However, this poses its own risks, as listing agents are legally obligated to prioritize their contractual relationship with the seller.

Real Estate 36

Real Estate Buyers Sellers Insurance 36

Will Springer Realtor

JULY 27, 2021

This personal form of communication – pen to paper, buyer to seller – has often been seen as a successful strategy to win over homeowners in a competitive market where multiple offers seem to blend into one pile of forms and contracts that are initialed or signed many times over. The Oregon law goes into effect next January.).

Real Estate 41

Real Estate Sellers Law Buyers 41

Will Springer Realtor

MAY 13, 2024

” Bough presided over a trial last year that ended in a $1.8B (yes, with a “B”) verdict against the National Association of Realtors® (NAR). About three-quarters of the 459 residences are under contract with a target opening late this year. Another two homes are under contract and should be in the sold column in a matter of days.

HOA 36

HOA Transportation Construction Buyers 36