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Real estate appraisals: What agents should know

Housing Wire

Appraisals protect both parties by preventing them from making a deal that’s not financially sound. How the appraisal process works Sellers may get an appraisal before listing their property, but for the most part, the buyer initiates this process.

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How homebuyers stand to lose from the commission lawsuits: AIME

Housing Wire

We’re writing today to address the unintended consequences that may result from the real estate agent commission dilemma stemming from recent lawsuits. There are multiple lawsuits challenging the prevailing structure of real estate agent commissions, and, as a result, there is no shortage of industry conversation on the topic.

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Agents fight misconceptions to win deals for military veteran clients

Housing Wire

After completing countless Veterans Administration (VA) mortgage loan transactions over the years, Chris Pascoe, a Marine veteran turned RE/MAX agent, has developed something of a system. First, he has his clients lender call the listing agent. Somebody has a problem once and then that story just spread.

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‘Real Estate Insiders’ role play buyer and seller objections

Housing Wire

A newly released episode of the Real Estate Insiders Unfiltered Podcast explores the future state of buyer and seller relationships in the housing market after the National Association of Realtors ‘ (NAR) business practice changes take effect Aug. Zorn stated that he would not offer or accept compensation from an agent.

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UWM to credit borrowers up to $600 for their appraisal costs

Housing Wire

Mat Ishbia, CEO of UWM, said in a statement that the move is meant to “jump-start purchase season” and that this offering will give independent mortgage brokers a significant edge with real estate agents and borrowers in a rising rate, purchase-focused environment. Sponsored Video.

Appraisal 397
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Reggora gets Series B funding, eyes 2-day appraisals

Housing Wire

Find out more about technology and solutions specifically geared to empower the community lender to offer personalized service to borrowers and to the real estate agent partners from loan application to closing. ” The post Reggora gets Series B funding, eyes 2-day appraisals appeared first on HousingWire.

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3 Ways Agents Can Help Appraisers to Be More Accurate

Cleveland Appraisal Blog

Real estate agents are typically the individuals who provide information in the MLS. Let’s talk about three areas of a listing that, when completed accurately, can help appraisers to develop more supportable opinions of value. Agents rely on a CMA to develop an opinion of the price a home should be listed for.

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