article thumbnail

DataDigest: 25 years of NAR lobbying visualized

Housing Wire

The trade group also faces two massive class-action lawsuits that could forever upend the agent commission structure , and is fighting a separate legal battle with the Department of Justice. Unsurprisingly, housing is NAR’s most lobbied category over the last 25 years, according to OpenSecrets.

Realtors 391
article thumbnail

The Difference Between Pricing a Property and Appraising It

Cleveland Appraisal Blog

HIGHEST AND BEST USE Appraisers also must determine the Highest and Best Use of a property. We must determine if the current use is legally permissible. Therefore, we must find out what the property is zoned and then read the ordinances and consider market trends, and even future changes to zoning in order to make this determination.

Appraisal 302
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Appraiser Gets Subpoena – What to Do 3-17-23

Appraisal Today

Appraisers are often subpoenaed in legal disputes involving third parties, usually being tied to the dispute for no other reason than having appraised a property involved in the dispute. This statement definitely applies in the appraisal of real property. Is it always dollar for dollar? Sometimes it is.

article thumbnail

How to Become a Real Estate Agent in Illinois (IL) in 5 Steps

Housing Wire

According to the Illinois Department of Financial and Professional Regulation (IDFPR)’s Division of Real Estate, there is no “real estate salesperson” or “real estate agent” license in Illinois. Anyone who wants to buy and sell real estate in Illinois must possess a real estate broker license. [1]

article thumbnail

Ohio Land for Sale: Is the Market Still Ripe for Growth in 2022?

The Robert Weiler Company

See below why we feel Ohio land for sale market is still ripe for growth. Surges in Residential and Commercial Real Estate, and Land Sales. Residential Real Estate Sales. The Ohio housing market has remained resilient over the past year and a half. How does the spike in housing prices affect Ohio land for sale?

article thumbnail

Reconsideration of Value and Appraisers

Appraisal Today

For most Americans, the idea of living in a mansion falls squarely in the realm of the daydream—one perhaps indulged while watching “The Real Housewives of Beverly Hills,” or for those old enough to still hear the unmistakable enunciation of Robin Leach ringing in their ears during an episode of “Lifestyles of the Rich and Famous.”.