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.

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Sellers Legal Real Estate Real Estate Agent 36

Housing Wire

NOVEMBER 22, 2023

In fact, if you were to describe the home buying experience solely upon the things we see in advertisements, the process would end with the sales contract and all parties would merrily proceed directly to the handing over of the keys. The title industry has finally put the foundation in place for a modernized workflow. in question.

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HOA Real Estate Agent Technology Real Estate 395

Housing Wire

JUNE 30, 2021

HW Media CEO Clayton Collins spoke with Reggora CEO and co-founder Brian Zitin about how 2020 changed appraisal tech and what appraisal modernization looks like moving forward. What does the future of appraisals look like? Presented by: Reggora. Almost 40% of the acreage that burned across the U.S.

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Real Estate Agent Modernization Real Estate Agents 392

Appraisal Buzz

JUNE 20, 2022

All the talk and attention given to appraisal modernization, appraisal waivers, desktop and hybrid appraisals contributes to anxiety. Borrowers, sellers, and real estate agents are seeking to lay blame for failed real estate transactions and often target the appraiser as the villain.

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Appraisal Modernization Property Appraisal Real Property 417

Housing Wire

SEPTEMBER 22, 2022

From NAR Research : “Total existing-home sales notched a minor contraction of 0.4% A traditional primary resident seller is also a buyer, which means if they don’t list, they’re not just taking a potential home to be bought off the table — they’re taking a future sale off the books as well. million in August.”

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Inventory Housing Market New Listings Mortgage 437

Housing Wire

JULY 12, 2022

Its appraisal modernization pilot, which used hybrid appraisals, showed an 18% point reduction in confirmation bias compared with traditional appraisals, which rely on human observations and, as such, potentially could be riddled with overt or subconscious bias. The seller accepts it; they go into contract. that afternoon.

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Appraisal Inspection Real Estate Agent Training 401

Appraisal Buzz

AUGUST 29, 2022

This supply and demand issue made property prices skyrocket, with few able to afford what sellers were asking. 39 billion to modernize transit. $17 When a bid is placed and accepted on a home, the contract will most likely be contingent on an appraisal since most lenders won’t give to borrowers without one.

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Transportation Law Investing Investors 370

D Fritz Appraisals

AUGUST 11, 2022

Modern technology can give us higher quality photos and videos than ever before. Get pre-approved for a mortgage to show the current owner/seller you can afford to finance the home. Make an official offer to purchase the property from the seller. Both parties sign the contract. Congratulations!

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Real Estate Agent Inspection Real Estate Sellers 119

Housing Wire

NOVEMBER 16, 2023

Use this tool: Coffee & Contracts Coffee & Contracts is like a membership-based social media toolkit for real estate agents. Advertising on Zillow can put your brand in front of millions of potential buyers and sellers. Offer ancillary services Start a home staging service Ever wondered how to find more home sellers?

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Real Estate Marketing Real Estate Agent Tools 363

Appraisal Today

JANUARY 20, 2023

Record Share Of Sellers Give Concessions To Buyers Excerpts: ‘Buyers are asking sellers for things that were unheard of during the past few years.’ ’ Home sellers gave concessions to buyers in 41.9% ’ Home sellers gave concessions to buyers in 41.9% Home sellers gave concessions to buyers in 41.9%

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Appraisal Contracts Sellers Business 52

Listing Spark

AUGUST 23, 2023

If you’re a typical home seller offering a 3% commission to your listing agent, that’s a median cost of $11,172 or $14,037, respectively. Technology companies and marketing services firms are providing the tools sellers need to confidently manage real estate transactions without agents.

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Real Estate Agent Sellers Real Estate Agents 36

Appraisal Today

APRIL 26, 2024

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. A non-arm’s length sale in real estate is a transaction between a seller and buyer who have a connection by marriage, family, work, etc.

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Appraisal Real Estate Real Estate Agent Contracts 76

Will Springer Realtor

JULY 20, 2021

Gone are the days of buyers and sellers walking into a real estate office to pore over books filled with the latest MLS listings, review typed contracts in triplicate and take in the smell of singed facsimile paper in the air. Consumers want to enjoy the home-buying and -selling experience in a modern, tech-friendly, transparent way.

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Real Estate Sellers Contracts Buyers 36

The Robert Weiler Company

SEPTEMBER 19, 2022

The importance of a fully modern open space preservation vehicle – a conservation easement in Ohio – cannot be better summarized than by our 26th President. A simple conservation easement definition is a legal contract to protect private land, permanently. A contract between the landowner and the buyer is legally binding.

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Easement Legal Government Contracts 148

Housing Wire

JANUARY 12, 2024

The best real estate CRM solution is the one that will manage your client interactions, increase the number of touchpoints with each client, and convert leads seamlessly into buyers and sellers. Its focus on automation, efficiency, and ROI tracking makes it a powerful tool for modern real estate agents. housing industry.

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Real Estate Real Estate Agent Tools Agents 405

Movoto

MAY 22, 2024

A Rundown of Colorado Real Estate Market Trends in 2024 While thick with wilderness and majestic mountains, Colorado is also home to modern cities, communities, and businesses. Pending and under-contract single-family homes are up 10% from January and 5% YoY. Townhome and condo closings are up 38% month-over-month and 7% YoY.

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Housing Market Marketing Real Estate New Listings 36

Appraisal Today

JANUARY 26, 2024

However, new construction back then really struggled, but today in light of so many sellers sitting in the existing market, builders have been thriving. Slow market with 100% seller financing. Current listings and especially homes in contract show current market conditions. 10 miles east of San Francisco. The Best Time!! =

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Contracts Appraisal Mortgage Inspection 85

Lamacchia Realty

OCTOBER 6, 2021

You must hire an electrician and submit to your insurance agent a contract stating that the knob and tube wiring will be replaced within 60 days. Knob and tube wiring is no longer used in homes because it doesn’t carry the same capacity for electricity that modern homes require. Seller Resources. Additional Resources.

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Insurance Inspection Buyers Modernization 72

Appraisal Partners Blog

NOVEMBER 27, 2019

Generally speaking, an appraisal is used to decide if the properties contract price is entirely appropriate; taking into consideration the features, condition, and location of the home in question. While many opt for a realtor, a realtor will, of course, receive monetary gain if you are purchasing via a seller paid commission.

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Appraisal Sellers Realtors Investing 78

Clear Capital

MARCH 24, 2023

An appraisal gap is the difference between what a buyer agreed to pay for a home in a purchase contract and what an appraiser concludes as the fair market value of the property. Because the appraisal isn’t ordered until after the purchase contract is complete, it could be a week or more until the borrower knows if there is a gap or not.

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Appraisal Contracts Market Value Valuation 36

AmeriMac

JANUARY 3, 2022

Obviously, a seller wants to get the highest possible amount of money for the home they’re about to part with. An appraisal contingency, by association, is a condition built into the real estate contract that both buyers and sellers will need to adhere to. Why Are Home Appraisals Important?

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Appraisal Buyers Sellers Contracts 36

AmeriMac

JANUARY 3, 2022

Obviously, a seller wants to get the highest possible amount of money for the home they’re about to part with. An appraisal contingency, by association, is a condition built into the real estate contract that both buyers and sellers will need to adhere to. Why Are Home Appraisals Important?

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Appraisal Buyers Sellers Contracts 36

Eppraisal

MARCH 28, 2023

Buyers negotiate with sellers -- person-to-person as opposed to person-to-contractor. Individual sellers are easier negotiating partners. Existing home values are set because everything is already finished when the contract gets signed. ." There is no waiting for completion, inspection or certificate of occupancy.

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Construction Inspection Property Taxes Home Value 36

Movoto

MARCH 25, 2024

Think of getting pre-approved for a mortgage as a kind of stamp of approval: it shows sellers you’re a serious contender with the financial backing to buy their home. For self-employed individuals or freelancers, most written work contracts should suffice. Employment history (recent pay stubs or employer verification letter).

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Mortgage Real Estate Agent Sellers Real Estate 36

Housing Wire

DECEMBER 20, 2021

Also, the DEO said it is implementing 20 projects to modernize its systems, and 97% of all eligible benefits requested before Oct.15 These contracts lack protections that accompany mortgages, such as forbearance plans and foreclosure procedures. “We 15 for state assistance have been paid to claimants.

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Mortgage Government Contracts Insurance 317

Appraisal Today

JULY 1, 2023

As several calls to the listing agent have gone unreturned, we (and social media) are left wondering why this modern marvel hasn’t sold. Existing-home sales continued to be held back by a lack of for-sale inventory as many potential sellers are holding on to their lower-rate mortgages.” percent of total applications from 26.9

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Appraisal Contracts Market Value Mortgage 85

Listing Spark

FEBRUARY 28, 2024

There are many reasons for home sellers not to want to use an agent, such as saving money and being more in control of the process. They’d gather details about your property, have you fill out the seller’s disclosure form, and sometimes arrange for professional photographers to take pictures of your home.

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Real Estate Agent Agents Real Estate Tools 36

Listing Spark

MARCH 12, 2024

Online home-selling platforms and tools include all the resources sellers need to market their homes and complete the entire sales process. This listing holds all the details about your property, such as the price, house description, images, information about the area, and your seller’s disclosure notice.

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Buyers Agents Tools Contracts 36

Appraisal Today

APRIL 5, 2024

Upon arrival, you’re greeted by a lavish motor court leading to timeless modern architecture. The interior’s mechanicals have all been updated, but the sellers intentionally chose to leave much of the interior details alone to preserve its history. The average contract interest rate for 5/1 ARMs increased to 6.37

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Appraisal Contracts Business Construction 77

Appraisal Today

FEBRUARY 9, 2024

That has made it hard for some individual sellers of existing homes to compete for buyers. Set on a hill above a desert filled with midcentury modern homes, this duo of dwellings is part of the Hopi Village group of rock residences built by R. The average contract interest rate for 15-year fixed-rate mortgages increased to 6.41

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Appraisal Contracts Insurance Construction 80

Appraisal Today

SEPTEMBER 1, 2023

Examples of verification sources include, but are not limited to, the buyer, seller, listing agent, selling agent, and closing documents in certain situations. Hubel explains: “I’m assuming the hot water heater just had a leak, so [the seller] cut out the subfloor and then never replaced it before listing it.” A Man On a Mission!

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Appraisal Contracts Mortgage Real Estate 78

Zillow

JULY 25, 2016

You've made an offer on a property, the seller has accepted, and maybe you’re about to sign a contract. The deposit is a good-faith gesture to the seller, indicating you're serious about buying their home. Once deposited, this money can't be moved or touched without written consent from both buyer and seller.

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Inspection Contracts Sellers Buyers 36

Appraisal Today

AUGUST 5, 2022

Fannie: Learn how valuation modernization is changing collateral underwriting – Video, 1 hour, 23 minutes. Excerpt from emailed notice: “Valuation Modernization: New perspectives on collateral underwriting” is a must-see for underwriters and appraisal reviewers. The average contract interest rate for 5/1 ARMs decreased to 4.55

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Appraisal Valuation Contracts Modernization 59

Appraisal Today

JULY 29, 2022

It sits in the Sarasota beachfront neighborhood of Lido Shores, an area that’s a haven for modern architecture. But is it because sellers are rushing to list their homes? 1) The spike in housing supply is NOT due to sellers: In a short period of time, we went from having three weeks of supply in the Sacramento region to ten weeks.

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Real Estate Agent Real Estate Appraisal Agents 52

Appraisal Today

SEPTEMBER 23, 2022

Sellers Chasing the ball down the road in real estate. Work for buyer, seller, or both. Minus: Sometimes differences of opinion between buyer and seller. House Passes VA Appraisal Modernization Legislation. Sales are slow, and sellers are more willing to accept VA loans. By Ryan Lundquist. Expertise required.

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Appraisal Marketing Business Contracts 52

Clear Capital

SEPTEMBER 29, 2021

It’s also, to be clear, somewhat about revolutionizing and modernizing the appraisal process by enabling property data collection to be performed by non-appraisers. I mean, like, total disaster of a listing that’s been sitting on the market for months in the midst of a very hot seller’s market. Kenon Chen. Jeff Allen.

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Sellers Agents Real Estate Buyers 69

Appraisal Today

OCTOBER 27, 2023

Speaking of surprises, a recent Zillow analysis finds most states don’t require sellers to disclose paranormal activity in the home they’re selling. The town of The Sea Ranch is the product of architectural pioneers who erected timber-frame, modern structures designed to honor the beauty and serenity of their surroundings.

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Property Appraisal Appraisal Business Contracts 72