Raleigh Realty

FEBRUARY 24, 2022

What Does 'Under Contract' Mean in Real Estate? You've decided to buy a home and whether it's your first home or your tenth you're likely to stumble across homes that are listed as 'under contract' on the real estate listing. There are many things that take place once you go under contract on a home.

Contracts 147

Contracts Real Estate Sellers Real Estate Agent 147

Housing Wire

MAY 1, 2024

According to Barton, the “substance of the settlement” is a “very reasonable middle path forward for the industry, where commissions are communicated between sellers and buyers and both parties are better educated.” million real estate license holders, many handle only one or two transactions a year. Of the approximately 1.5

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Agents Real Estate Contracts Real Estate Agent 440

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.

Sellers 421

Sellers Buyers Real Estate Agents 421

Housing Wire

FEBRUARY 16, 2024

The modified rule still gives sellers and their listing brokers a role in setting compensation for buyers’ brokers,” the filing states. According to the DOJ, when a seller makes an offer of compensation to the buyer broker, the buyer broker does not need to compete on their compensation price in order to attract clients.

Sellers 432

Sellers Buyers Real Estate Contracts 432

Housing Wire

JULY 26, 2021

That kind of drawn-out timetable is typical for the majority of western nations that use the auctioneer system where a seller works with one, perhaps two, auctioneers. fee to the seller. Solicitors are legally required when purchasing a home in Ireland.). The costs and other headaches also add up. Compare all that to the U.S.

Real Estate Agent 384

Real Estate Agent Real Estate Sellers Legal 384

The Robert Weiler Company

JANUARY 2, 2021

In real estate, buyers and sellers must be knowledgeable to make informed decisions. Are you familiar with a land contract in Ohio, as well as the state-specific requirements? What is a land contract in Ohio, really? While a land contract might be ideal for you, there are important details you need to know, first.

Contracts 143

Contracts Tenants Legal Sellers 143

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. What Should be Included in Real Estate Sales Agreements? Parties Involved.

Contracts 36

Contracts Real Estate Property Taxes Legal 36

Housing Wire

OCTOBER 23, 2023

A judgment as a matter of law is permissible if there is no legally sufficient basis for a reasonable jury to find for the nonmoving party (in this instance, the plaintiffs) on the issue. In addition, the contract stipulated that agents must join their local Realtor association. million real estate licensees in the U.S.,

Law 432

Law Agents Realtors Contracts 432

Hank Miller Team

OCTOBER 24, 2023

Real estate contracts occasionally collapse due to Buyer problems, but what if the Seller bails out? Can a Buyer sue a Seller if they refuse to close? What used to be infrequent is becoming more common; Sellers backing out of contracts. If that happens, what can a Buyer do?

Sellers 52

Sellers Buyers Contracts Legal 52

Lamacchia Realty

MAY 6, 2024

WHY YOU NEED A REAL ESTATE ATTORNEY WHEN BUYING A HOME When buying a home, you might wonder, “Do I need a real estate attorney, or is my real estate agent enough?” Before we dive into the details, let’s talk about what services a real estate attorney can provide.

Real Estate 67

Real Estate Legal Law Contracts 67

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.”

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Buyers Agents Loan Officers Real Estate 397

PennyMac

JULY 20, 2021

Whether you are buying or selling a home, your real estate agent will be your partner through one of the most significant transactions of your life. Finding the right agent should involve careful planning and research, but many of us just don’t know where to start. How long have you been working as a real estate agent?

Real Estate Agent 69

Real Estate Agent Real Estate Agents Sellers 69

Housing Wire

AUGUST 4, 2023

Achieving success as a real estate agent requires more than simply understanding the mechanics of the job. Here are 10 essential skills every real estate agent should possess. Here are 10 essential skills every real estate agent should possess. Another hat to place on your head?

Real Estate Agent 370

Real Estate Agent Real Estate Agents Clients 370

CA Realty Training

JULY 19, 2021

That’s how successful real estate agents create successful careers. This method is a set of ethical rules that agents follow to build a trustworthy relationship with clients. So, let’s explore the fiduciary duties of a real estate agent are so you can start building trust. What does fiduciary mean?

Real Estate Agent 53

Real Estate Agent Real Estate Agents Clients 53

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.

Real Estate 148

Real Estate Real Estate Agent Contracts Inspection 148

Eppraisal

OCTOBER 23, 2023

The seller can reject your bid, make a counteroffer or accept your original proposal. Your response depends on how the seller replies. If the Seller Rejects Your Offer The seller may deny your home purchase offer for various reasons. You can say no to the counteroffer, accept it or propose new changes to the contract.

Real Estate Agent 69

Real Estate Agent Sellers Inspection Real Estate 69

Listing Spark

OCTOBER 25, 2023

Selling your home can be an exciting and stressful time, especially when you choose to do it as a For Sale By Owner (FSBO) seller. While it may seem like the best approach to save money by avoiding commission fees, it’s essential to be aware of some of the pitfalls that FSBO sellers face when selling their home.

Sellers 36

Sellers Legal Real Estate Real Estate Agent 36

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

Lamacchia Realty

DECEMBER 18, 2023

AGENT VS. REALTOR: WHY THE DIFFERENCE MATTERS Often, we hear the terms “real estate agent” and “REALTOR ®” being used synonymously. To the everyday buyer and seller , they may not think there is much of a difference between the two. There are over 1,000 local NAR associations and boards, spanning all 50 U.S.

Realtors 65

Realtors Agents Real Estate Agent Real Estate 65

McKissock

JULY 6, 2022

Real estate transactions are similar to putting together a jigsaw puzzle. One of the main responsibilities of a real estate agent is to effectively organize all the competing interests of a transaction (or pieces of the jigsaw puzzle). Agents should prepare a full seller-net sheet for their sellers.

Clients 87

Clients Real Estate Contracts Sellers 87

Listing Spark

OCTOBER 9, 2023

Are you considering selling your home without the assistance of a real estate agent? In this blog post, we’ll explore the typical experience of a For Sale By Owner seller and provide insights into what you can expect when listing your property. Buyers appreciate proactive and attentive sellers.

Real Estate Agent 36

Real Estate Agent Legal Real Estate Agents 36

Eppraisal

DECEMBER 23, 2022

Earlier this week we explored the real estate transaction from the perspective of the Buyer. We'll now dissect the entire real estate transaction from the perspective of the seller. If a buyer calls you directly or knocks on your door, refer them to your listing agent.

Real Estate 36

Real Estate Sellers Inspection Contracts 36

Raleigh Realty

MARCH 31, 2021

In every market though, things happen where homes that are under the contract may not reach the closing table and the contingency clause usually protects the buyer and sometimes the seller in the event the parties decide to terminate. The seller does not have the ability to accept another offer.

Real Estate 148

Real Estate Sellers Contracts Buyers 148

Housing Wire

JULY 12, 2022

A certification lightens the legal liability of bias. An agent does a floorplan scan when they make a listing. The seller accepts it; they go into contract. But an attestation, however comprehensively phrased, can’t dissolve deep racial prejudices or make the appraiser workforce more diverse. An offer comes in at 5 p.m.

Appraisal 410

Appraisal Inspection Real Estate Agent Training 410

Housing Wire

NOVEMBER 3, 2023

The lawsuit, which was originally filed in 2019 and won class-action status in April, alleges that some NAR rules, including one that requires listing brokers to offer buyer brokers a commission to list a property in a Realtor-affiliated MLS, violate the Sherman Antitrust Act by inflating seller costs.

Real Estate 324

Real Estate Brokerage Buyers Property Management 324

Appraisal Today

APRIL 26, 2024

What Does Arm’s Length Mean in Real Estate? The 7 Sale Types Explained Excerpts: An arm’s length sale – a sale in which the buyers and sellers act independently and in their own self-interest is the most common type of real estate transaction. What should appraisers look for in a sales contract?

Appraisal 77

Appraisal Real Estate Real Estate Agent Contracts 77

Cleveland Appraisal Blog

AUGUST 11, 2022

Talking to your real estate agent or appraiser is also helpful to get a professional’s point of view. The type and range of information you have to provide in the seller’s property disclosure will, of course, depend on the legal regulations of the state where you have the property.

Renovations 221

Renovations Buyers Appraisal Investing 221

Birmingham Appraisal

SEPTEMBER 26, 2023

Some people will say that it is market value because you have a willing buyer and a willing seller. Whether you’re a seasoned real estate agent or a curious homeowner, understanding the dangers of outlier sales can help ensure a more accurate and fair representation of property values. There is a difference.

Real Estate Agent 87

Real Estate Agent Real Estate Clients Agents 87

Eppraisal

JULY 12, 2022

Earnest money is the money a buyer offers to have deposited at contract time to show he is earnest or serious about purchasing the home. How Earnest Money Works When you submit an offer to purchase a home, part of the contract deals with earnest money. What Happens to the Earnest Money if the Contract is Canceled?

Contracts 36

Contracts Real Estate Agent Sellers Real Estate 36

Eppraisal

OCTOBER 26, 2021

Buyers are pulling many different strings in order for their offers to be accepted including offering sellers significantly above list prices. They are also offering to meet the sellers' closing dates or to purchase the homes "as is." Buyers also have the right to cancel contracts because of inspection results.

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Inspection Buyers Real Estate Agent Contracts 69

Eppraisal

JULY 19, 2022

Unsure if you should hire an attorney to represent you in your real estate transaction, ask your real estate agent or mortgage lender. A real estate attorney has quite a few roles in a real estate transaction. All correspondence is usually in the form or legal letters and emails.

Real Estate 36

Real Estate Inspection Real Estate Agent Contracts 36

McKissock

APRIL 3, 2022

Bill Zielke, CMO of BitPay, has been handling crypto transactions in real estate for years where transactions are settled as soon as the next business day, involving no banks, and no traditional pay wires — and they’re completely secure. Free Guide : Learn how much you could earn in real estate with this free Real Estate Income Guide.

Real Estate 73

Real Estate Real Estate Agent Technology Contracts 73

McKissock

MAY 8, 2022

Bill Zielke, CMO of BitPay, has been handling crypto transactions in real estate for years where transactions are settled as soon as the next business day, involving no banks, and no traditional pay wires — and they’re completely secure. Free Guide : Learn how much you could earn in real estate with this free Real Estate Income Guide.

Real Estate 52

Real Estate Real Estate Agent Technology Agents 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. AI can streamline these processes, reducing paperwork errors, and expediting transaction times.

Real Estate Agent 36

Real Estate Agent Real Estate Sellers Buyers 36

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.

Realtors 421

Realtors Contracts Real Estate Agents 421

McKissock

SEPTEMBER 20, 2021

Real estate risk management is an important concern for agents. Real estate agents are commonly sued for breaching their duty to act in the best interests of their client. Article 2 requires honest communications regarding a seller’s property. Working with different types of real estate clients.

Real Estate 58

Real Estate Clients Real Estate Agent Realtors 58

East Coast Appraisal

JUNE 10, 2022

It is possible for the appraisal price of a property to be lower than the agreed-upon purchase price between buyer and seller. It's common for sellers to receive multiple offers that are above their list price when selling a home in today's real estate market. Negotiate a Lower Sale Price. Increase Your Down Payment.

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Appraisal Appraisal Process Real Estate Sellers 52