Housing Wire

OCTOBER 9, 2024

17 , when the business practice changes outlined in the National Association of Realtors’ commission lawsuit settlement agreement had to be implemented, most brokers and agents were concerned about how they would disclose a seller’s offer of buyer broker compensation. The previous system guaranteed buyer agent payment through MLS enforcement.

Buyers 468

Buyers Sellers Agents Contracts 468

Housing Wire

AUGUST 22, 2024

Although the process for communicating and dispersing buyer agent compensation has shifted, the industry adapted calmly within a couple of weeks. Instead, it stems from the need to formally consult and contract with potential buyers before opening any doors. I’ve had a front-row seat to these changes.

Real Estate 476

Real Estate Realtors Contracts Agents 476

Housing Wire

JULY 23, 2024

of homes that went under contract. Buyers are getting more and more selective,” Redfin agent Julie Zubiate said in a statement. Buyers often back out during the inspection period because they find something they don’t like, but affordability is really the underlying issue. But it’s not the highest percentage ever.

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Buyers HOA Property Taxes Inspection 459

Housing Wire

MAY 21, 2024

Work with a real estate professional with MLS access In non-disclosure states, the role of real estate agents becomes even more crucial. Experienced agents have access to databases, networks, and resources that can help buyers gather information about recent sales in the area. Be patient and stay flexible as challenges arise.

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Real Estate Agent Real Estate Inspection Valuation 488

Housing Wire

OCTOBER 16, 2023

Here are the following strategies agents can use to guide first-time homebuyers toward achieving this monumental step. This approach is negotiated in the contract; it’s a seller concession to the buyer for a set amount. I’ll explain later.) Rate buy-downs are another option I recommend in this market.

Agents 435

Agents Buyers Sellers Inventory 435

Miller Samuel

APRIL 29, 2020

Throughout my career, I have seen brokerage firms publish pending/contract reports, touting pending trends as more reliable than reports based on closings. The simplistic, uninformed argument for pending sales is that contract dates occur before closing dates, so they are more current. I plan to develop one someday.

Contracts 195

Contracts Real Estate Agent Inspection Law 195

Housing Wire

SEPTEMBER 17, 2024

For agents in New Hampshire , this week marks two months since PrimeMLS , the state’s multiple listing service , implemented the business practice changes outlined in the National Association of Realtors’ nationwide commission lawsuit settlement agreement. It is a seller decision, not an agent decision.”

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Agents Sellers Buyers Realtors 448

The Appraiser Coach

FEBRUARY 22, 2022

What makes a contract a contract? Is it the legal prose, the professional typesetting, or the date across the top? I’m no lawyer, but my mentor once told me that. Read More.

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Contracts Legal Inspection Advertising 195

Housing Wire

JULY 26, 2024

The majority of real estate sales fall under this category and usually employ a buyer’s and seller’s agent who negotiate on behalf of their respective parties. Contingencies in the agreement protect both parties if problems arise during the appraisal, inspection, or financing stages of the transaction.

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Market Value Real Estate Agent Real Estate Finance 459

Housing Wire

MARCH 7, 2022

It also gives real estate agents ideas. Absolutely, I will offer an NFT option to sellers within the next year,” said Richard Hopen, a Compass agent in Short Hills, New Jersey. NFTs in real estate are, for the moment, a grossly impractical novelty act that, publicity aside, offer tenuous benefits to agents.

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Real Estate Law Inspection Agents 501

Housing Wire

DECEMBER 8, 2023

Are you looking to get licensed as a real estate agent in Arizona? Prospective Arizona real estate agents must fulfill a 90-hour prelicensing program from an Arizona Department of Real Estate (ADRE)-approved school and pass a six-hour contract writing course , for a total of 96 class hours. out of 5 stars Rating: 4.5 out of 5.

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Real Estate Contracts Law Real Estate Agent 434

Housing Wire

APRIL 8, 2021

Consider an appraisal gap: Adding an appraisal gap to your offer tells the seller that even if the property appraises for less than the purchase price in the contract, you are committing a preset dollar amount to making up the shortfall. In an extremely competive market?

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Inspection Sellers Buyers Tools 468

Housing Wire

DECEMBER 20, 2021

According to Doma, usage of its platform can speed up the closing experience by 15% and it enables title and closing agents to return more than 80% of title commitments in about one minute instead of the three to five days it can take when the process is done manually. CEO Simkoff has not been shy when discussing Doma’s goals for the future.

Inspection 418

Inspection Appraisal Contracts Real Estate 418

Raleigh Realty

FEBRUARY 24, 2022

What Does 'Under Contract' Mean in Real Estate? You've decided to buy a home and whether it's your first home or your tenth you're likely to stumble across homes that are listed as 'under contract' on the real estate listing. Then, you look at the status and that other shoe finally has a chance to drop: it's "under contract."

Contracts 147

Contracts Real Estate Sellers Real Estate Agent 147

Housing Wire

JULY 12, 2022

Luke Tomaszewski, an appraiser doing home inspections in the aftermath of the housing bust, was traveling as much as an hour across Chicago just to snap exterior photos of bank-owned properties. At $50 to $100 per inspection, according to ProxyPics, it’s certainly less expensive than sending an appraiser. An offer comes in at 5 p.m.

Appraisal 435

Appraisal Inspection Real Estate Agent Training 435

Raleigh Realty

JULY 31, 2022

Major Home Inspection Issues and How to Handle Repairs If your home inspection turns up any of these 7 major issues it could be time to negotiate some mandatory fixes with the seller before you proceed with purchasing the home. After a home inspection, issues are going to arise. Structural Issues 1. Plumbing 3.

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Inspection Sellers Real Estate Agent Buyers 148

Housing Wire

JUNE 24, 2021

The all-cash contract signed between Accept.inc and the seller is still contingent on a satisfactory inspection that can be negotiated between the buyer and agent. If the all-cash offer wins, the home is purchased from the seller and reserved until the loan is ready to close.

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Sellers Buyers Investors Inspection 418

Housing Wire

APRIL 13, 2021

Rapidly accelerating home prices come with a variety of challenges for lenders and real estate agents, including one of the biggest pain points right now — the appraisal gap. Real estate agents and lenders are working together to try to get buyers into houses. In fact, Austin has just about 1.2 months of supply, and has seen a 19.7%

Housing Market 535

Housing Market Buyers Marketing Real Estate Agent 535

Appraisal Buzz

JULY 23, 2024

of all homes under contract, being canceled in that month alone. Buyers are getting more and more selective,” said Julie Zubiate, a Redfin Premier real estate agent in the San Francisco Bay Area. of the residences that were under contract in that month. of homes that went under contract. of homes that went under contract.

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Buyers Contracts HOA Property Taxes 396

Housing Wire

JUNE 21, 2021

You set your appointments the night before, and when you get there that morning, they might already be under contract.” Generally, they go under contract in a day or two.” Knoxville-based builders, however, seem optimistic, according to local real estate agents. It’s like a horse race.

Housing Market 459

Housing Market Marketing Realtors Inventory 459

Housing Wire

JUNE 28, 2024

According to local real estate agents, the region’s housing market seems to have read the same memo, as June did not bring the same market boost as many have grown accustomed to. Although pending sales are up, local agents noted that properties are taking longer to go under contract, leading to an uptick in inventory and days on market.

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Housing Market Marketing Inventory Buyers 397

Realtor

OCTOBER 29, 2020

Most purchase agreements have contingencies —things that buyers must do before the real estate transaction is official, explains Jimmy Branham , a Coral Springs, FL, real estate agent at the Keyes Company. It’s rarely advisable to waive an inspection contingency. Clear the title. Get final mortgage approval. Do a final walk-through.

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Buyers Inspection Contracts Real Estate Agent 207

Housing Wire

JULY 8, 2024

As a broker and real estate coach, I’m always surprised when new agents tell me they don’t want to use real estate scripts. These sellers were on the market with another agent before and could not sell. Usually, they’re inundated with agents calling them for the first few days after their listing expires.

Real Estate 435

Real Estate Business Agents Sellers 435

The Robert Weiler Company

JANUARY 2, 2021

Are you familiar with a land contract in Ohio, as well as the state-specific requirements? What is a land contract in Ohio, really? Essentially, a land contract is an alternative financing option if you’re investing in: Farmland or raw land. So, what is a land contract agreement, and how does it work? A home or condo.

Contracts 143

Contracts Tenants Legal Sellers 143

Realtor

JULY 13, 2021

The provisions of a contingency contract are there to protect buyers and sellers. Home inspection. A home inspection is the foundation on which all other real estate contingencies are built. In the inspection, a neutral expert assesses the home for roofing, plumbing, structural, electrical, and other major problems.

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Inspection Real Estate Agent Real Estate Buyers 200

Birmingham Appraisal

DECEMBER 17, 2024

Real estate agents and loan officers play an important role in ensuring appraisers have the necessary data to deliver reliable valuations. I had the opportunity to discuss some common questions people have about the appraisal process with Massachusetts real estate agent Kevin Vitali.

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Appraisal Easement Real Estate Agent Valuation 76

Listing Spark

JANUARY 5, 2025

The buyers inspector will be looking through every nook and cranny so its a good idea to knock out any issues likely to show up on an inspection. Find the Right Real Estate Agent Finding the right real estate agent is a crucial step in the home selling process. Or better yet, hire a handyman to do it right.

Sellers 69

Sellers HOA Real Estate Agent Contracts 69

Raleigh Realty

MARCH 26, 2022

What Is A Buyer's Agent? What is a Buyer's Agent in Real Estate and do I need one when buying a home? We have all that answered and more If you are wondering if you should use a Buyer's Agent the answer is easy, yes. At Raleigh Realty we have some of the best Buyer Agents and Realtors on our team.

Real Estate 148

Real Estate Buyers Agents Contracts 148

Housing Wire

JANUARY 11, 2024

There are a lot of agents today that still prefer having their customers sign contracts manually, with physical signature. But having some experience with that, I didn’t really want to find contract offshore providers. And there are some states or even some geographies within states that still mandate that. But it’s weird.

Technology 476

Technology Contracts Business Appraisal 476

Realtor

MAY 17, 2023

While it’s certainly true that you can let go of the anxiety of needing to show your home at any moment, you still need to cooperate with your buyer, the buyer’s agent, and the commitments made in the contract. Once the contract has been signed, a seller can’t renegotiate the price higher.

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Sellers Inspection Contracts Property Taxes 138

Housing Wire

NOVEMBER 30, 2023

From completing your required coursework to taking the licensing exam, keep reading to learn how to become a real estate agent in Ohio. Step 1: Complete the prelicensing education requirements Applying for an Ohio real estate agent license starts with fulfilling the 120-hour sales associate pre-licensing education requirement.

Real Estate 459

Real Estate Real Estate Agent Brokerage Agents 459

Empire Appraisal Group

DECEMBER 12, 2024

Not anymore its for the rich, said Dan Kennedy, a real estate agent who lives on Hollywood beach. The tragic collapse of Surfsides Champlain Towers South condo building in 2021 left 98 people dead and led to sweeping reform of the states condo inspection law. Regardless of the price, well sign a contract and get it going, he said.

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Real Estate Agent Inspection Real Estate Development 78

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. Due Diligence: What Is it?

Real Estate 148

Real Estate Real Estate Agent Contracts Inspection 148

Eppraisal

OCTOBER 26, 2021

Some are waiving appraisals and others are even offering to waive inspection contingencies. Inspection Contingencies Defined When buyers and sellers agree on all the terms of a real estate contract, it is signed and delivered to all parties. Some buyers like to have the roofs inspected by roofing companies.

Inspection 69

Inspection Buyers Real Estate Agent Contracts 69

Housing Wire

JANUARY 19, 2023

Philadelphia – Homebuilders continued to report weak demand and a modest decline in contract signings for new homes. Days on the market are lengthening, and home inspections are becoming the norm again. Rental vacancy rates, while still quite low, have risen modestly. However, housing affordability worsened.

Inventory 448

Inventory Housing Market Marketing Construction 448

GoForrmz

DECEMBER 5, 2024

Tools leveraging AI provide data-driven insights, helping agents and property managers forecast property values, rental demand, and market fluctuations. Digital Forms: Streamlining Documentation Managing real estate transactions involves a significant amount of paperwork, from rental agreements to inspection forms and purchase contracts.

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Real Estate Property Management Tools Clients 78

San Jose Real Estate

JULY 17, 2023

Why do real estate agents do a visual inspection of the properties they sell?

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Real Estate Agent Inspection Real Estate Agents 69