Housing Wire

OCTOBER 24, 2023

Features of the new RealScout Pro+ include Auto Nurture, Home Value Alerts and market activity alerts. Auto Nurture is described as “a set-and-forget feature” that automates database marketing for agents and teams.

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Sellers Home Value Client Relationships Agents 329

Cleveland Appraisal Blog

FEBRUARY 16, 2024

FINISHED SQUARE FOOTAGE On more than one occasion some who have read my appraisal reports felt that my opinion of value was too high. They felt that way because of sales they saw on Zillow that appeared to be comparable and sold for less than my opinion of the market value of the property I appraised. So, what’s the big deal?

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Appraisal Market Value Real Estate Clients 406

Housing Wire

JANUARY 24, 2024

By definition, a lowball offer is an offer that is significantly below market value. Asking price and market value are not always the same thing. Determine if the listing is priced correctly Determine the actual market value of the subject property. It may not be the same as the current list price.

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Buyers Sellers Agents Counter Offer 434

Housing Wire

DECEMBER 8, 2023

How do you articulate the value you bring when representing a homebuyer in a real estate transaction? You know what you do, but how do you explain it in such a way that a buyer understands your value, the required agency forms and everything involved to make it to the closing table? Are they relocating?

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Clients Real Estate Inspection Buyers 411

Housing Wire

APRIL 16, 2024

I’m trying to understand all things housing with the market being so crazy these days.” Woods went on to explain the factors that determine the loan’s proceeds, including interest rates, the home’s value and age of the primary borrower. Hume said that reverse mortgages can be expensive compared to other home equity-tapping tools. “A

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Mortgage Advertising Tools Marketing 423

Housing Wire

OCTOBER 16, 2023

Regardless of the outcome, real estate brokers are doing all they can to prepare their brokerages and their agents for more transparency, education on the value real estate agents bring to the transaction, and more, according to the 2023 Q4 BrokerPulse survey , a forward-looking housing market sentiment survey by HousingWire.

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Real Estate Brokerage Training Agents 367

Housing Wire

JANUARY 17, 2024

The index measures average changes in prices received by domestic producers for their output and pegs a value of 100 to June 1986. Index values for December published last week. Index values for most construction inputs are down from 2022 but remain above pre-pandemic levels. and many individual commodity prices actually fell.”

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Construction Supply Chain Transportation Buyers 451

Housing Wire

APRIL 26, 2024

The deal comes just days after the federal judge overseeing the commission case in Missouri approved a preliminary settlement that will see the National Association of Realtors and multiple other residential brokerages collectively pay hundreds of millions of dollars in damages and make large-scale changes to longstanding commission policies.

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Brokerage Agents Real Estate Buyers 386

Housing Wire

OCTOBER 20, 2023

Another known fact is that at least one firm, Redfin , which gets over 50 million unique visitors on its website each month and offers discounted listing and lower-cost buy-side commissions, is available in most of the metropolitan markets in the United States. Despite that, it has less than 1% market share of all transactions.

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Real Estate Agent Real Estate Brokerage Agents 426

Cleveland Appraisal Blog

MAY 26, 2023

They had hired the former real estate professional to value their property for the purpose of a divorce. They had to pay twice to have their property valued. Because in both instances, they first had their homes valued by real estate agents, not appraisers. If a real estate agent can price a home, surely, they can value it.

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Appraisal Real Estate Agent Real Estate Agents 302

Housing Wire

OCTOBER 9, 2023

The free app, which officially launches Tuesday, allows users to price out mortgages, personal loans and other finance products that Guaranteed Rate offers, but there’s a twist: users can also access financial, physical and mental health resources to help them “live their best lives.” Ciardelli told HousingWire.

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Loan Officers Mortgage Technology Realtors 417

Housing Wire

SEPTEMBER 19, 2023

A real estate appraisal is the assessment of a property’s value. An appraisal ensures that the loan being offered matches the property’s value. However, there are several other reasons appraisals are important. However, the appraiser can still get a good idea of a home’s value if they’re unable to get inside.

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Real Estate Appraisal Agents Inspection 445

Cleveland Appraisal Blog

JULY 20, 2022

I recently gave a presentation and was asked if appraisal gap clauses impact the way appraisers are developing their opinion of value? In other words, do appraisal gap clauses cause appraisers to be more “conservative”? In this hot market, it’s not surprising that this type of clause is being written into some contracts.

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Appraisal Market Value Contracts Buyers 397

Housing Wire

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. Fannie Mae recently announced the Value Acceptance + Property Data solution. OK, throw that last one out.)

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Appraisal Contracts Tools Valuation 418

Housing Wire

JANUARY 4, 2024

After a 2023 of real estate brokers saying they feel “neutral” or “pessimistic” about the housing market, some 48% of those surveyed for the Q1 2024 HousingWire BrokerPulse survey are optimistic that the next three months will be positive. ” The value education was mentioned across the board.

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Brokerage Real Estate Training Buyers 396

Appraisal Buzz

OCTOBER 3, 2022

What should appraisers know before they sign the appraisal report and deliver their professional opinion of value? I started thinking about this when I saw the news coming from the National Association of Realtors about how far the current real estate market is out of balance. Appraising real estate in a fast-changing market.

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Appraisal Marketing Real Estate Inventory 370

Housing Wire

MARCH 26, 2024

Then, the housing market takes off like a rocket with home values exceeding all expectations. As the person relaxes on the couch watching television at night, they occasionally check the current value of their home and do a rough calculation of the amount of equity that they have accrued. It comforts them for a brief moment.

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Law Real Estate Property Taxes Marketing 426

Cleveland Appraisal Blog

APRIL 11, 2023

Slap a few sales in a report, and make a few guesstimate adjustments to come up with their opinion of a property’s value? The research and analysis that a well-trained professional appraiser can provide you with will include important information above and beyond their opinion of the market value of the property they are appraising.

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Appraisal Market Value Legal Property Appraisal 354

Housing Wire

APRIL 22, 2024

Photo Credit: AJ Canaria) In the real estate industry, the use of generative artificial intelligence has grown beyond just the composition of marketing copy, leading some to question other potential applications. How to create value “We’re all competing to add value to the transaction. Team asked.

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Real Estate Tools Brokerage Agents 347

Housing Wire

NOVEMBER 15, 2023

Luckily, the mortgage industry is cyclical, so let’s take a look at how you can turn a negative into a positive and grab clients’ attention through effective marketing , ultimately growing your book while others’ shrink. Right now, people are craving face time, so why not offer real estate agents and networking peers that opportunity?

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Real Estate Agent Marketing Mortgage Real Estate 405

Housing Wire

FEBRUARY 23, 2024

However, unlike other industries where promotion to the management level is generally tied to additional income, some brokers find themselves struggling to perform at the same financial level as their most successful agents. Provide the support and resources needed to help your agents work in these markets.

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Real Estate Brokerage Development Agents 347

Housing Wire

OCTOBER 17, 2023

We are optimistic and hopeful that the value of the MLS and the role of the agent will prevail so that we can continue to provide an efficient and transparent marketplace for consumers.” With great change on the horizon, MLS executives said they are focusing on showing their value to agents and their clients. “I

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Real Estate Realtors Agents Clients 376

Housing Wire

APRIL 14, 2023

They [Wells Fargo] may have other deals in the market too,” the expert added, “but I’m not as familiar with that since they have been very selective about who these deals get shown to.” Wells Fargo’s has previously announced plans to reduce its MSR portfolio, valued on its books at $9.31 billion as of the end of 2022, U.S.

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Mortgage Marketing Government Finance 412

Appraisal Buzz

SEPTEMBER 26, 2022

Once upon a time, there was a rich nation which valued many things. They all liked value. They claimed to know value. Value was price. They were renting other people’s money (OPM), and the other people didn’t really own the money either. Everything worked well so long as “value” equaled price!

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Market Value Sellers Buyers Finance 321

Housing Wire

MARCH 20, 2024

At the root of many of these predictions is the notion that the settlement agreement will result in a higher level of agent attrition than analysts would anticipate solely based on the housing market slowdown experienced over the past two years. “If If agent headcount declines materially, could that impact a model like that?

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Brokerage Agents Realtors Real Estate 438

Housing Wire

MARCH 8, 2024

That is stoking concerns that similar measures could be taken in other places, including the U.S. million homes, representing about 10% of the nation’s housing market, are already unable to obtain flood insurance as many insurers across Canada avoid flood zones. Canadian homes in recently flooded areas posted lower values.

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Insurance Mortgage Housing Market Buyers 391

George Dell

MARCH 22, 2023

Everyone knows value. Value is what I can sell something for. No, wait – value is what I am willing to pay for something. Editor’s Note: This is Part 2 of Market Value or Other Value. I threaten to take a bite […] The post Devalue Market Value? Well, sorta. I have an apple.

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Market Value Marketing Appraisal 195

Housing Wire

AUGUST 9, 2022

Two advisory and brokerage firms active in the mortgage servicing rights (MSR) market recently unveiled three new mortgage servicing offerings for agency loan portfolios valued in total at $4 billion. Incenter also is brokering a Fannie Mae and Freddie Mae bulk servicing offering involving a loan pool also valued at $1.45

Sellers 358

Sellers Mortgage Marketing Buyers 358

Housing Wire

MARCH 5, 2024

“ Recovery year ” was the theme heading into 2024 as mortgage professionals hoped for some reprieve in a frozen housing market characterized by high interest rates, low inventory levels and sluggish sales. On the other hand, some buyers see the value of getting a higher-rate mortgage in the current environment.

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Loan Officers Mortgage Buyers Inventory 404

Housing Wire

SEPTEMBER 15, 2023

In all cases, close the video, article or session with a call to action: For more information about these and other special programs, call or text today at: enter your phone number. Of course, other restrictions and overlays may apply. Check HUD.gov for lots of details on this and tons of other great programs.

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Real Estate Government Law Buyers 408

Cleveland Appraisal Blog

APRIL 21, 2022

It’s tax appeal season and I’ve had several homeowners say that they feel their neighbors are negatively impacting the value of their home for different reasons. Could being located next to a property that is an eye-sore cause a loss in market value to your home? Of course, that’s not the same as market value.

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Market Value Appraisal Agents Real Estate Agent 350

Housing Wire

MAY 10, 2022

The mortgage-servicing rights (MSR) market went on a tear at the start of 2022, and that hot streak has continued into the second quarter as interest rates on 30-year fixed mortgages continue to rise — now up 2 percentage points since the start of the year and still seemingly upward bound. billion to an eye-popping $12.94

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Supply Chain Sellers Mortgage Buyers 379

Housing Wire

JANUARY 24, 2024

According to Fannie Mae, the initiative aims to “continue to support homeownership opportunities for creditworthy very low-income borrowers ” by addressing “some of the barriers to entry” to the market. Best efforts commitments on HomeReady loans will receive better pricing than others. 1, 2024, to Feb. 1, 2024, to Feb.

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Insurance Government Mortgage Marketing 475

Housing Wire

JUNE 1, 2023

The proposed rule would also implement quality control standards that govern the use of automated valuation models (AVMs) used by mortgage originators and secondary market issuers in valuing real estate collateral securing mortgage loans.

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Valuation Design Law Insurance 377

Cleveland Appraisal Blog

SEPTEMBER 2, 2022

You may have noticed that there are three approaches to value. The Sales Comparison approach, as the name implies, compares the property being appraised to other properties that a potential buyer might consider as a substitute for buying the property being appraised. The third approach to value is the Income Approach.

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Development Appraisal Market Value Valuation 337

Housing Wire

FEBRUARY 4, 2021

A Zillow report released Thursday shows urban home values in Midwest cities — namely, St. Louis, Cincinnati, Cleveland, Kansas City, Columbus and Indianapolis — have risen faster than suburban home values over the past several months. ” Data analysis by Zillow shows an overall home value growth in urban areas of 8.8%

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Home Value Real Estate Buyers Brokerage 492

Housing Wire

APRIL 23, 2024

CE bundles price range: $89 to $189 Visit Colibri Real Estate Best Value The CE Shop CE courses available in all 50 states Intuitive interface and features. Course content is written and taught by active, seasoned industry professionals, and course upgrades feature engagement with instructors experienced in your local market.

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Real Estate Agents Best Value Design 395