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. In this blog post, I’ll discuss key appraisal factors, and common challenges, and offer valuable insights for real estate agents to navigate the appraisal process effectively.

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Real Estate Agent Real Estate Agents Appraisal 75

Housing Wire

AUGUST 14, 2023

When we contemplate the potential of AI and Web3 technologies in real estate , it goes beyond simply revolutionizing how consumers search for homes and take ownership of assets. Over the past two decades, the real estate transaction process has become increasingly complex, placing even greater demands on real estate agents.

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Real Estate Real Estate Agent Marketing Technology 354

McKissock

APRIL 20, 2021

Becoming a real estate agent requires a giant leap of faith and an investment of time and money. That’s why some agents may choose to test the waters with a part-time real estate position while hanging onto a steady income from another job. How much is a part-time real estate agent salary?

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Real Estate Agent Real Estate Agents Realtors 98

Movoto

APRIL 8, 2024

After submitting an offer on a home you plan to purchase, a few things might happen – once an offer is accepted (typically, after negotiations but not always), real estate sales agreements come into effect between buyers and sellers. Should the buyer breach the contract (e.g., Financing Details. auctions, cash sales, etc.):

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Housing Wire

MARCH 1, 2023

“Having the most up-to-date market information at your fingertips is crucial for lenders to effectively communicate and engage with consumers to help educate them on financing options available when purchasing a home,” said Josh Lehr , senior director of partnerships and industry technology at Total Expert.

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Real Estate Agent Technology Open Houses Loan Officers 323

The Robert Weiler Company

JANUARY 2, 2021

Are you familiar with a land contract in Ohio, as well as the state-specific requirements? What is a land contract in Ohio, really? Essentially, a land contract is an alternative financing option if you’re investing in: Farmland or raw land. So, what is a land contract agreement, and how does it work?

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Contracts Tenants Legal Sellers 143

Housing Wire

JANUARY 26, 2022

Mat Ishbia, CEO of UWM, said in a statement that the move is meant to “jump-start purchase season” and that this offering will give independent mortgage brokers a significant edge with real estate agents and borrowers in a rising rate, purchase-focused environment.

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Appraisal Real Estate Agent Real Estate Appraisal Process 384

Housing Wire

MAY 20, 2022

A professional appraiser or real estate agent can help you figure out how much to list your home for. There are many moving pieces to the economic part of the real estate industry that are unpredictable and uncontrollable. Hire a Real Estate Agent. This often happens with investment properties.

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Housing Wire

DECEMBER 8, 2023

Ultimately, every homebuyer prospect, every contract and every negotiation is different, but your value should be consistent for all situations and clients. All of these action items are things that professional, experienced real estate agents should practice already. Lack of information creates enormous stress.

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Clients Real Estate Inspection Buyers 416

Housing Wire

JULY 19, 2022

The Department of Housing and Urban Development said it is “looking very hard” at how to make it easier to finance small-dollar mortgages, but has yet to spell out how it will accomplish that goal. Industry practitioners have some ideas for how HUD might make financing such loans more feasible.

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Housing Wire

FEBRUARY 20, 2024

“And it blew up so much that states like Massachusetts … are seeking to pass right-to-inspect laws, which is going to make it hard to get that inspection contingency out of the contract,” he said. In addition to purchasing professional liability insurance, another protection that inspectors need to employ is smart contract language.

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Inspection Real Estate Agent Real Estate Insurance 404

Housing Wire

NOVEMBER 30, 2023

Your path to real estate licensure begins with 120 hours of classes in an approved Ohio real estate license education program. From completing your required coursework to taking the licensing exam, keep reading to learn how to become a real estate agent in Ohio. Ready to find a real estate brokerage?

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Real Estate Real Estate Agent Brokerage Agents 397

Housing Wire

DECEMBER 26, 2023

You’ll need to complete 75 hours of prelicensing classes to get licensed as a real estate agent in North Carolina. We’ve done the research for you, evaluating the many courses available to pinpoint the best real estate schools in North Carolina to help you pass the state exam and set you up for early career success.

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Real Estate Real Estate Agent Design Law 393

Housing Wire

DECEMBER 27, 2022

The Big Chill” or “Frozen,” says Green, principal at real estate law firm Polunsky Beitel Green. The number of home listings dried up , contracts were canceled , the few buyers still out there demanded concessions , mortgage rates spiked to 7% and homebuilder sentiment hit rock bottom. Layoffs, LOs leaving the industry for good.

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Housing Wire

NOVEMBER 13, 2023

Ready to begin a flexible, fulfilling career in real estate in the Sunshine state? We’ll help you find the best real estate schools in Florida to complete the required 63 hours of study. Frequently asked questions How much does real estate school cost in Florida? Salesperson written exam fee: $36.70

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Real Estate Real Estate Agent Agents Law 417

Housing Wire

DECEMBER 21, 2023

This product allows a homebuyer to purchase a fixer-upper and finance the purchase and renovation in one loan based on the expected appraised value of the home after improvements. REALITY: Sometimes people need to finance multiple properties at once, as in the case of active-duty military personnel who receive transfer orders.

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Mortgage Renovations Appraisal Process Finance 440

Housing Wire

APRIL 13, 2021

Rapidly accelerating home prices come with a variety of challenges for lenders and real estate agents, including one of the biggest pain points right now — the appraisal gap. Real estate agents and lenders are working together to try to get buyers into houses. In fact, Austin has just about 1.2

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Housing Market Buyers Marketing Real Estate Agent 534

Housing Wire

OCTOBER 23, 2020

And while real estate agents repping luxury homes aren’t seeing as many bidding wars as they did this summer , their respective housing markets are still crazy right now. Contracts during this time also skyrocketed 62%. And, since early July to now, it’s just getting very busy.”. Presented by: NAMB.

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Housing Wire

SEPTEMBER 7, 2023

For most real estate agents, working with a reliable lending partner is essential to a smooth and successful transaction. That partnership is everything,” Amy Breach, a Seattle-based Keller Williams agent, told HousingWire in late 2022. The lender and LO can make or break the transaction.” Others didn’t respond.

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Buyers Agents Loan Officers Real Estate 392

Housing Wire

JANUARY 3, 2024

Real estate agents are optimistic about the housing market and working to implement buyer agency agreement as we head into 2024, according to the RealTrends Q1 2024 AgentPulse survey. I was already using buyer broker contracts, but now use them 100% of the time.

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Housing Wire

JANUARY 3, 2024

Don’t talk about how busy you are, about a deal you’re trying to save, inspection and financing drama, or how you’re going to be out of town for two weeks. They care about your ability to solve their real estate needs. They don’t care about any of that.

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Real Estate Inspection Clients Contracts 378

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.

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Housing Wire

OCTOBER 23, 2023

Under questioning, Goffstein said that each agent has a contract that includes NAR rule clauses and that the contract also tells agents that NAR membership dues are needed by January. In addition, the contract stipulated that agents must join their local Realtor association.

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Law Agents Realtors Contracts 426

Housing Wire

OCTOBER 23, 2023

This includes financials, organizational documents, agent productivity reports, operating metrics, vendor contracts, lease agreements, employment agreements, insurance documents, and more. From a data lens, transactions can be broken out into three different stages: Valuation , Due Diligence , and Contract.

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Real Estate Brokerage Valuation Contracts 367

Realtor

OCTOBER 16, 2023

It’s very important for first-timers to do research and understand all their options before they start looking for a home,” says Cara Ameer , a real estate agent with Coldwell Banker who is licensed in California and Florida. Pre-approval is better because it means lenders have reviewed your finances. ” 9. .

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Mortgage Real Estate Agent Real Estate Buyers 190

Realtor

JULY 13, 2021

Contingencies, in the world of real estate, are essentially conditions that must be met to finalize the sale of a home. The provisions of a contingency contract are there to protect buyers and sellers. This clause asserts that your offer is dependent on being able to secure financing. Other experts agree. “An

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Inspection Real Estate Agent Real Estate Buyers 203

Housing Wire

FEBRUARY 22, 2024

When the Department of Justice (DOJ) revealed last week the changes it would like to see in how real estate agents and brokers are compensated through its statement of interest filed in the MLS Property Information Network commission lawsuit , few in the real estate industry were surprised by the agency’s desire to decouple commissions.

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Sellers Buyers Real Estate Agents 421

Housing Wire

DECEMBER 9, 2022

“Profitability is likely to remain very constrained well into 2023, until excess origination capacity in the industry declines materially,” Moody’s analysts said in a recent report on nonbank mortgage finance companies. . UpEquity claims it takes 17 days, on average, to close a deal, while the average in the industry is closer to 50 days. .

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Real Estate Advertising Real Estate Agent Investors 350

Will Springer Realtor

OCTOBER 19, 2021

Buyer is financing the purchase through a mortgage lender and the underwriter wishes to confirm the value of the home before issuing the loan. (No About 13% of appraisals came in below the contract price this August, the most-recent available data, according to housing-research firm CoreLogic. and “shoot!”

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Contracts Appraisal Sellers Real Estate Agent 41

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. The other party has no obligation to respond to you, but your real estate agent can reach out to learn their motivation for declining your proposal.

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Real Estate Agent Sellers Inspection Real Estate 69

D Fritz Appraisals

AUGUST 11, 2022

A remote buyer can rely on an experienced real estate agent or broker to find the best property and receive their own personal virtual tour of the home via a video chat app. It’s a good idea to hire an experienced real estate agent who knows the area well. Both parties sign the contract.

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Real Estate Agent Inspection Real Estate Sellers 120

Housing Wire

NOVEMBER 30, 2023

If you’re looking for the best real estate schools in Illinois to complete the required 75 hours of class time you’ll need to get a broker’s license, we’re here to help. In Illinois, real estate agents are called brokers. Self-paced. This value represents the median.

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Real Estate Realtors Real Estate Agent Law 410

Housing Wire

NOVEMBER 1, 2021

That means you’ve been thinking about real estate agents…a lot. The purchase money mortgage transaction begins with the real estate sales contract and that’s not something our industry controls. It’s the real estate agent who has the consumer’s trust at this point.

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Real Estate Agent Real Estate Agents Lending 404

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. As in the video below, this might be due to any number of reasons, buyer financing is a likely reason.

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Sellers Buyers Contracts Legal 52

Housing Wire

JULY 12, 2022

An agent does a floorplan scan when they make a listing. The seller accepts it; they go into contract. Bureau of Labor Statistics , hemorrhaged 5,000 jobs in May, Inside Mortgage Finance reported. Clear Capital’s Brenan describes his vision of a hybrid appraisal as one which can drastically reduce wait times. “An that afternoon.

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Appraisal Inspection Real Estate Agent Training 410

Housing Wire

DECEMBER 7, 2023

The MA & NH package includes required Core Course, Buyer Agency, Financing, Disclosures / Seller Due Diligence, 1031 Exchanges, Code of Ethics, and Conducting Open Houses and Developing a Safety Plan. Metropolitan School of Real Estate Best real estate schools in MA for getting your license fast Overall Rating: 4.7

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Real Estate Real Estate Agent Law Brokerage 364

Housing Wire

OCTOBER 3, 2023

This means the lazy real estate agents who provide very little value to their client can no longer just show up and know they will automatically get paid a percentage of the sales price just for writing a contract. Imagine that. The need to evidence value suddenly becomes the only pathway to earning a commission.

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Agents Buyers Training Law 397