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.

Real Estate Agent 75

Real Estate Agent Real Estate Agents Appraisal 75

Housing Wire

NOVEMBER 7, 2023

Though this seems like a whole new stress-inducing worry for many real estate agents , the fact is that commissions have never been a set amount, just an expectation or a tradition in many markets. Present to your buyer clients just like you would in a listing presentation. This is where being proactive matters.

Clients 422

Clients Buyers Real Estate Agent Real Estate 422

Housing Wire

FEBRUARY 20, 2024

The legislation generally prohibits a residential home seller from (1) conditioning the sale on the potential buyer waiving or limiting an inspection; or (2) accepting an offer if they have been informed in advance that the prospective buyer intends to waive their right to an inspection,” the Connecticut research report states. “And

Inspection 406

Inspection Real Estate Agent Real Estate Insurance 406

Housing Wire

OCTOBER 23, 2023

In the motion, HomeServices claimed that no evidence has been presented to show they conspired with the National Association of Realtors (NAR) and other brokerages on rules for commissions. The day started with video depositions of four real estate brokerage executives.

Law 427

Law Agents Realtors Contracts 427

Housing Wire

OCTOBER 18, 2021

Zillow will keep trying to sell existing home inventory, plus renovate and try to resell homes it has purchased under contract, according to a company press release. Pausing new contracts will enable us to focus on sellers already under contract with us and our current home inventory.”. Presented by: Weichert.

Renovations 383

Renovations Real Estate Construction Contracts 383

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. Better buyer and seller presentations to break down payment to a more granular level,” was one agent’s response.

Agents 407

Agents Realtors Clients Real Estate Agent 407

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.

Real Estate 401

Real Estate Brokerage Valuation Contracts 401

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. How you conduct yourself and how you present to each buyer prospect should not vary by situation. This also helps you level-set on their expectations for the homebuying process.

Clients 426

Clients Real Estate Inspection Buyers 426

Housing Wire

OCTOBER 3, 2023

This is a dramatic and peculiar stance, given that same company a couple of years ago launched a $1 million annual advertising campaign touting a 1% listing fee, but only if the seller turned into a buyer for them. Meaning, they were counting on buyer agent compensation to pay their bills. Imagine that.

Agents 406

Agents Buyers Training Law 406

Housing Wire

JUNE 14, 2022

It also plans to reduce costs by not backfilling roles and by getting out of real estate office leases. Both Redfin and Compass are considered disruptors in the real estate industry, but neither has managed profitability. Redfin is rare in that it has salaried real estate agents as opposed to independent contractors.

Marketing 370

Marketing Real Estate Real Estate Agent Brokerage 370

Housing Wire

MARCH 20, 2024

NAR’s proposed settlement – which still needs court approval – includes several rule changes, including a new requirement that buyer agents to enter into a written buyer broker agreement with clients. “We do not have long-term contracts with many of our real estate partners,” the materials read.

Investors 448

Investors Agents Real Estate Buyers 448

Housing Wire

APRIL 13, 2021

Real estate agents and LOs: the great collaboration. Technology has given consumers the power of choice and expedited the entire real estate purchasing process. Presented by: Propertybase. Additionally, homes listed for sale midweek sell for an average of 1.6 days faster than homes listed on the weekend.

Sellers 407

Sellers Buyers Real Estate Agent Real Estate 407

Zillow

AUGUST 1, 2019

Buyers and sellers often enter the market with misconceptions about real estate agents - how they work, how the process works and what the agency relationship is all about. Here are five myths (and five truths) about working with both buyer's and seller's agents. Agents get a 6% commission, no matter what.

Real Estate Agent 74

Real Estate Agent Real Estate Agents Sellers 74

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.”

Buyers 395

Buyers Agents Loan Officers Real Estate 395

Housing Wire

APRIL 6, 2021

Linda (who asked that her real name not be used) beat out a dozen other prospective buyers in a bidding war by offering $445,000 and waiving all contingencies. With others waiting in line behind her, the seller wouldn’t budge on price. Presented by: Altisource. “I That’s common these days. Streamline by combining services.

Appraisal 539

Appraisal Reconsideration of Value Real Estate Agent Sellers 539

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

Lamacchia Realty

FEBRUARY 14, 2024

ARE YOU A "WANT-TO-BE" SELLER IN 2024? From low inventory levels to increasing mortgage rates , the real estate landscape has experienced a multitude of changes and challenges over the last several years, leaving many sellers wondering when the “right” time to list would be given current market conditions.

Sellers 65

Sellers Realtors Buyers Inventory 65

Housing Wire

APRIL 20, 2022

Bonnie Williamson never intended to be a real estate agent. Things can work so much faster now than they did then and of course that has made us more productive as agents,” Florida-based Berkshire Hathaway HomeServices EWM Realty agent Ashley Cusack, who has been in real estate for nearly 30 years said.

Real Estate Agent 416

Real Estate Agent Real Estate Agents Brokerage 416

CA Realty Training

AUGUST 9, 2021

The listing presentation is a real estate agent’s opportunity to make a first impression on their prospective client. This is the presentation that pitches them as the best person to hire. A great listing presentation converts home sellers into clients. By Bettina Siochi. Step 1: Dress Professional.

Real Estate 42

Real Estate Real Estate Agent Clients Agents 42

Housing Wire

AUGUST 18, 2023

Not prequalifying is unprofessional and can waste your time and the sellers. Don’t lose the listing of a motivated, have-to-sell seller over price. Try saying the following when the seller requests a list price that is too high: “That’s interesting, ‘seller.’ Always prequalify, 100% of the time!

Sellers 370

Sellers Construction Real Estate Finance 370

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

McKissock

JULY 26, 2020

The market remains strong for sellers at this time, but there are several things that you should go over with your client to prepare them and ensure that your clients are ready to market their home as effectively as possible. 1: Conduct an Informative Listing Presentation. 3: Prepare Your Client for the “What If” Scenarios.

Sellers 52

Sellers Real Estate Agent Marketing Real Estate 52

Housing Wire

APRIL 8, 2021

First, the pre-approval letter tells the seller that you are serious about buying a home and that you have a commitment from a reputable lender on how much it will lend to you. Another seller’s home may need repairs, and you put in your offer the need for a seller credit to pay for them. In an extremely competive market?

Inspection 437

Inspection Sellers Buyers Tools 437

Will Springer Realtor

OCTOBER 19, 2021

The home is under contact, seller and buyer have agreed to terms. About 13% of appraisals came in below the contract price this August, the most-recent available data, according to housing-research firm CoreLogic. housing market is 7% of all mutually accepted contracts. Home Appraisal Tips for Buyers ). Yes, “crap!” and “shoot!”

Contracts 41

Contracts Appraisal Sellers Real Estate Agent 41

Housing Wire

JUNE 30, 2021

Presented by: Reggora. last year was in California, said Christopher Anderson, a Redfin real estate agent based in Napa, California. “Sellers who are in the market right now are rushing to get under contract because they know buyers may start rethinking their decisions when fire season worsens,” Anderson said.

Real Estate Agent 395

Real Estate Agent Modernization Real Estate Agents 395

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

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

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. Listing agents are going to recommend their seller ask for shorter time periods for loan approval.”

Mortgage 190

Mortgage Real Estate Agent Real Estate Buyers 190

Miller Samuel

JUNE 28, 2020

The days on market (DOM) metric is significant to sellers because they don’t want their home to be perceived as overpriced if it sits unsold too long. Sellers look at DOM too and become concerned when their listing sits too long relative to the competition, typically blaming the agent for not marketing the property enough.

Housing Market 221

Housing Market Marketing Real Estate Sellers 221

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

McKissock

JULY 19, 2022

Red Flags: The seller demands payment upfront. The presentation of decisions as having strict deadlines. Hasty changes to terms and conditions of the housing contract. Sellers are often on a time crunch to get properties locked into a contract, which leaves little time to properly deal with the unexpected.

Real Estate 98

Real Estate Real Estate Agent Sellers Agents 98

Housing Wire

JULY 12, 2022

This white paper will explore lenders’ key challenges presented by the legacy appraisal process, the hidden gaps affecting turn times, and how appraisal technology solves these gaps to improve efficiency and profitability. Presented by: Reggora. An agent does a floorplan scan when they make a listing. An offer comes in at 5 p.m.

Appraisal 407

Appraisal Inspection Real Estate Agent Training 407

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 320

Real Estate Brokerage Buyers Property Management 320

Housing Wire

DECEMBER 7, 2023

Colibri Real Estate is a state-approved real estate education provider with over 132 instructors experienced in Massachusetts real estate sales and teaching best practices. Metropolitan School of Real Estate Best real estate schools in MA for getting your license fast Overall Rating: 4.7

Real Estate 395

Real Estate Real Estate Agent Law Brokerage 395

Berkshire Hathaway

APRIL 28, 2022

While we agree with you on the first statement, the selling of a home is always best left to a professional real estate agent, for so many reasons! According to a NAR study , For Sale By Owner homes sold at a median of $260,000 in 2021, while agent sold homes were at a median of $318,000, a difference of $58,000.

Real Estate Agent 67

Real Estate Agent Advertising Insurance Real Estate 67

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

Housing Wire

FEBRUARY 26, 2024

Real estate marketing isn’t just about posting a few property listings and hoping for the best. The most successful real estate agents aren’t always the ones with the most experience — but rather those who know how to leverage the best real estate marketing companies and digital tools for their success.

Real Estate 411

Real Estate Business Real Estate Agent Marketing 411