Housing Wire
OCTOBER 10, 2023
.” Kickbacks in a shrinking market A shrinking market, defined by high mortgage rates and low inventory levels , appears to have exacerbated the existing mortgage kickbacks problem, industry pros told HousingWire. That’s because real estate agents and loan officers are in survival mode and desperate to close new business.
Housing Wire
MARCH 1, 2023
The API integration will allow lenders to bring product offerings to open houses, allowing them to engage borrowers “earlier in the lifecycle,” and will also enable lenders to better support co-marketing partners like real estate agents and loan officers.
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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?
Appraisal Buzz
OCTOBER 3, 2022
I can see why loan officers, real estate agents, or buyers might push back on appraisers’ conclusions. The second thing, and most everyone who is tracking this data already knows this, is that this data and the indexes that spring from them are all lagging indicators of the health of a given market.
Cleveland Appraisal Blog
MARCH 30, 2021
Within the past couple of weeks, I have appraised several properties for purchases, where my opinion of the market value of these homes was significantly below the contract price. I also developed the replacement value, and I had comparable land sales from the neighborhood. Does this seem healthy to you?
Appraisal Today
SEPTEMBER 15, 2023
Appraisers are less likely this year to cite expanding regulations/interpretations of regulations, lender requirements, pressure from real estate agents/brokers, and liability concerns. From Dave Towne: Over the years, many appraisers have reported being blacklisted by real estate agents and even mortgage brokers.
Realtor
DECEMBER 15, 2016
Comparable sales play the most important role when determining valuation, says Rick Phillips , an appraiser and real estate agent in Vienna, VA. A typical real estate appraisal costs around $300 to $500 and is usually paid for by the home buyer upfront. Dossman says this is the most common outcome.
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