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How to become a luxury real estate agent

Housing Wire

First, let’s define the parameters of the “luxury real estate market” for our purposes and review my top five tips for success. Defining the luxury real estate market The luxury real estate market has become more and more difficult to define. Visit Coffee & Contracts 2.

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Sales of luxury homes skyrocket in first quarter

Housing Wire

drop in the number of homes in contract from the prior month, according to new data from the National Association of Realtors. That’s been the case for Katy Polvorosa, a Redfin real estate agent located in Oakland, California, who said high-end properties are receiving several offers despite the prices.

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Luxury housing market inspires ‘total frenzy’ in vacation boom towns

Housing Wire

Contracts during this time also skyrocketed 62%. While the Palm Beach housing market has not seen a lot of bidding wars, Koch said that a lot of the inventory has been absorbed and properties are getting multiple offers. It’s been a really interesting summer, to say the least,” the agent at Tahoe Luxury Properties said.

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5 Contingencies You Should Never Remove When Buying a House

Realtor

The provisions of a contingency contract are there to protect buyers and sellers. Waiving it entirely is the equivalent of agreeing to buy a ticking time bomb, says Annie Kou , a Los Angeles–based brokerage owner and attorney at AK Luxury Properties. “By Other experts agree. “An

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6 Ways Real Estate Technology Can Ruin Your Business

McKissock

“The days of ‘adequate’ photos are totally gone,” says Gretchen Koitz, principal of The Koitz Group , a firm that specializes in luxury properties in Maryland. “It It is imperative that agents turn to professionals so that properties are shown at their very best. That was a HUGE ISSUE at closing.”.

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What New Appraisal Specialty Do You Wish to Break Into?

McKissock

Experience as a contract review appraiser quickly revealed when appraisal research was lacking. Luxury appraisal (9%). “Many homes in my area are luxury properties.” ” Interested in luxury appraisals? Check out our post on How to Become a Luxury Real Estate Appraiser.

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Residential Appraisals and Airbnb Income?

Appraisal Today

We’ve seen more luxury properties sell (larger homes) and buyers at higher price points (larger homes) have been taking advantage of being able to work from home. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($647,200 or less) decreased to 5.33 percent from 5.46