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The home inspection process: Should you skip it?

Housing Wire

People often confuse the home appraisal with the home inspection. Inspections, on the other hand, are designed to assess the condition of the home, and they’re 100% optional for the buyer. Are you considering skipping the home inspection? Were those recent renovations done up to local code? There could be safety hazards.

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Home inspection startup PunchListUSA raises $39 million in Series A

Housing Wire

Charleston, South Carolina-based real estate tech firm PunchListUSA , which calls itself the first platform digitizing national home inspection data , closed on a $39 million Series A funding round this week. . ’s largest home inspection services providers, to offer customers instant repair estimates. . .’s

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Real estate appraisals: What agents should know

Housing Wire

A home inspection hasn’t yielded any problems, so nothing is standing in the way of closing, right? The client can find their own appraiser, or real estate agents can recommend appraisers they have worked with before. You’ve found a house for your buyer or a buyer for the home you’re selling. Not necessarily.

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Top 5 home improvement projects real estate agents should recommend to sellers

Housing Wire

The “same old listing presentation” and tired marketing tactics aren’t cutting it for agents looking to win listings in today’s competitive and tight market. Now more than ever, sellers expect an agent who will confidently create a plan to get them top dollar for their home.

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Costs Mounting for Homebuyers

Appraisal Buzz

Moreover, buyers could incur an additional $12,944 in commission costs on the average home if sellers opt not to pay the buyer’s agent commission following the National Association of Realtors (NAR) settlement in August. Although 66% of buyers with agents in 2024 had their commissions covered by sellers, this is no longer required.

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Owning a condo in Florida is becoming less attractive: Redfin

Housing Wire

In May 2022, the Florida Legislature introduced a new condominium safety law, which mandates more rigorous inspections and stronger financial reserves for HOAs. Condo costs are shocking,” Juan Castro, a Redfin Premier agent in Orlando, said in the report. Condos that used to have a $400 monthly maintenance fee may now have a $700 fee.

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Selling your home? Make sure you’re aware of hidden costs

Housing Wire

Home improvements and renovations are also important to buyers. Working with a real estate agent isn’t free, but it takes the work off your plate as a seller. Working with a real estate agent isn’t free, but it takes the work off your plate as a seller. Real Estate Commission. Sellers also have to pay closing costs.

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