Appraisal Buzz

OCTOBER 4, 2024

It might go without saying that a junk-cluttered yard does a home seller no favors—in fact, six in 10 real estate agents estimate that an unkempt front yard decreases a property’s value by 20% or more. What if a neighbor is the clutter-collecting culprit—could the adjacent property take a home-value hit?

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Home Value Real Estate Agent Sellers Real Estate 397

Housing Wire

MAY 18, 2021

“I started as an agent up here in 2009, and I’ve been saying since then the only thing that would slow down the market would be some sort of national or international event,” said Pullin, a managing broker at Skyline Properties. “It’s very competitive, and more agents are entering the field now. .

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Real Estate Marketing Real Estate Agent Agents 468

Housing Wire

NOVEMBER 5, 2024

The removal of offers of buyer broker compensation from most MLSs across the country — as mandated by the National Association of Realtors’ (NAR) commission lawsuit settlement agreement — was a massive change for real estate agents and brokers. But they aren’t the only housing professionals impacted by these changes.

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Appraisal Business Real Estate Agent Real Estate 369

Cleveland Appraisal Blog

SEPTEMBER 3, 2021

We also use the MLS to analyze the market trends and to make market-based adjustments for things such as changes in sales prices, as well as features of a home that have a major impact on market value, like finished square footage, bedroom, and bathroom count, lot size and so on. ACCURATE DATA. It will help everyone!

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Agents Appraisal Renovations Development 378

Housing Wire

FEBRUARY 14, 2024

“I get tons of emails every day from investors looking for properties, but of course, they only want homes that are under market value, which are hard to come by. When they find those properties, they pile in,” Carrie Caruthers, a Redfin real estate agent in Riverside County, California, said in the report.

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Real Estate Investors Real Estate Agent Market Value 521

Housing Wire

SEPTEMBER 6, 2024

The four firms in question all had joint ventures (JVs) or affiliated business arrangements (ABAs) in which real estate agents, who were also business referral sources, were investors. or divest real estate agents from their ownership interests. “It Thus, a JV could comply with the D.C. illegal.”

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Insurance Real Estate Agent Law Real Estate 457

Cleveland Appraisal Blog

MAY 26, 2023

Because in both instances, they first had their homes valued by real estate agents, not appraisers. But the owner felt that a real estate agent could do the same type of valuation as an appraiser. But the owner felt that a real estate agent could do the same type of valuation as an appraiser.

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Appraisal Real Estate Agent Real Estate Valuation 305

Housing Wire

DECEMBER 2, 2021

But the division produced a $421 million loss before taxes, and analysis from KeyBanc and industry analyst Mike DelPrete as well as anecdotes from real estate agents indicated Zillow paid more than market value for homes. .

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Inventory Real Estate Agent Investors Market Value 459

Housing Wire

OCTOBER 10, 2023

A Comparative Market Analysis (CMA) is a detailed report that helps real estate agents evaluate and determine the market value of a property. It is an essential tool that allows agents to clearly communicate a pricing benchmark for a property. Pro Tip: Five to eight properties are the sweet spot.

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Marketing Real Estate Agent Clients Tools 435

Cleveland Appraisal Blog

APRIL 21, 2022

Could being located next to a property that is an eye-sore cause a loss in market value to your home? Part of our work as appraisers is to consider whether situations like this are influencing the market value of the home we are appraising. Of course, that’s not the same as market value.

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Market Value Appraisal Agents Real Estate Agent 354

Housing Wire

OCTOBER 9, 2023

And third, the only thing of value that the referring party may receive is a return on an ownership interest. What the investigators are finding — not in every case, but in a majority of the cases — is that the investment is proper and they are paying fair market value for the investment.”

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Real Estate Insurance Real Estate Agent Brokerage 468

Housing Wire

JANUARY 3, 2023

It may be that many of the loan originators and real estate agents calling for major changes to the VA appraisal process are be those with the least amount of first-hand experience with the VA product. When it comes to establishing market value, I think the VA appraisal at present determines this as well as any other.

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Modernization Real Estate Agent Appraisal Process Reconsideration of Value 83

Housing Wire

NOVEMBER 2, 2021

The prior announcement was stunning in its own right, and led to revelations that the company bought homes for well above market value, and re-listing homes for less than what they were bought for. The purchase has triggered a Federal Trade Commission inquiry regarding Zillow’s array of agent and consumer data.

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Market Value Real Estate Agent Agents Business 418

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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Real Estate Agent Technology Open Houses Loan Officers 362

Housing Wire

JUNE 7, 2024

Listings are the life-blood of all successful real estate businesses, but making the leap from working primarily with buyers to working with sellers can be a challenge for many agents early in their careers. Have you ever had a friend buy or sell with another agent? Don’t: Talk about real estate in every conversation.

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Real Estate Open Houses Agents Sellers 468

Housing Wire

FEBRUARY 10, 2025

When I first started in real estate, I was eager for advice. The best advice I got from an experienced agent was simple but powerful: “Do as many open houses as you can.” Running open houses (among other strategies) has helped me build a sustainable career in real estate at Your Property People.

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Open Houses Agents Real Estate Property Taxes 260

Miller Samuel

NOVEMBER 30, 2018

As we say in the petition , this change can impact several groups in particular: consumers, the taxpayers, the housing market and appraisers. One group not explicitly mentioned in the petition but impacted down the road are real estate agents and brokers. Ever heard of straw buyers?

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Appraisal Inspection Real Estate Agent Agents 300

Housing Wire

JUNE 1, 2021

Budnick replaces Chris Stuart, who took a job as president of Place , a real estate technology platform for both brokers and agents. a company with a market value of nearly $700 billion. The daughter of a real estate agent, Budnick first went into finance, working with Bank of America.

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Real Estate Agent Brokerage Real Estate Realty 299

Housing Wire

APRIL 5, 2024

While the San Francisco-Oakland-Fremont housing market may be decently hot, local real estate agents feel that it could be hotter. There has been a little bit of a downturn, it was a little bit frothier earlier in the year,” said Andrea Gordon , an Oakland-based Compass agent.

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Housing Market Marketing Inventory Sellers 458

Housing Wire

JULY 17, 2023

Scammers pose as property owners and contact a real estate agent to list the property for sale. The listing price of the property is typically set below the current market value to generate immediate interest in the property. The identity of the landowner is also obtained through these public records searches.

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Sellers Real Estate Agent Real Estate Insurance 370

McKissock

JANUARY 31, 2023

As part of our Question of the Month survey series, we asked members of our appraisal community, “What’s one thing you wish real estate agents knew about the appraisal process?” ” “The definition of market value.” ” “How value is derived.”

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Real Estate Agent Real Estate Agents Appraisal 97

Appraisal Buzz

MAY 20, 2024

If multiple offers come in, the parties can get into a bidding war, driving the price up beyond what the market typically sustains. One excellent resource is local real estate agents. Pressure to Appraise at Buying Cost When buyers enter bidding wars, the market value might not align with the property’s cost.

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Appraisal Marketing Valuation Sellers 370

Housing Wire

OCTOBER 17, 2023

And servicers may want to suggest homeowners contact a real estate agent if the distressed homeowner is considering selling their home.” Ethical concerns even arose for licensed real estate agents who approached distressed homeowners to list properties even though those agents were also representing prospective buyers.

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Buyers Retail Market Value Real Estate Agent 435

Appraisal Hub

MAY 5, 2024

Over the years, I’ve come to appreciate the symbiotic relationship between appraisers and real estate agents. In this blog, I aim to provide valuable insights and tips from an appraiser’s perspective, empowering real estate agents to navigate the appraisal process with confidence.

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Real Estate Agent Real Estate Agents Appraisal Process 78

Birmingham Appraisal

JUNE 13, 2023

Appraisal Tips For Real Estate Agents As a real estate appraiser with over 30 years of experience, I have seen many changes and challenges in the appraisal profession and the real estate market. I believe that appraisers and agents have a common goal: to help their clients buy or sell a home.

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Real Estate Agent Real Estate Agents Reconsideration of Value 87

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. Usually, the information further supports my opinion of value, when I take a closer look. Good agents know this.

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Housing Market Marketing Reconsideration of Value Appraisal 368

Cleveland Appraisal Blog

AUGUST 20, 2021

That way of measuring the market can lead to an opinion of value that is in the ballpark of a home’s market value. Often, homeowners, agents, and others base their value opinions on square footage obtained from public records, usually because it’s free and, in most areas, available to the public.

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Appraisal Market Value Contracts Agents 418

Birmingham Appraisal

JUNE 21, 2023

Helping Agents Understand Appraisal Factors That Impact Home Sales In the world of real estate, accurate property valuation plays an important role in the home buying and selling process. Real estate agents, as trusted guides for their clients, must possess a good understanding of the factors that influence property appraisals.

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Real Estate Agent Real Estate Agents Appraisal 85

Appraisal Buzz

SEPTEMBER 26, 2022

We have rules, we have standards, and we all know the exact definition of value. The “official unofficial” government-related loan definition of market value is clear. Also part of the definition: Reasonable market exposure time. As an appraiser, I had to look at what I had spent a lifetime doing: “Find market value.”

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Market Value Sellers Buyers Finance 321

Housing Wire

MAY 26, 2023

Then, posing as the property owner, the scammer contacts a real estate agent to list the property. The property is then listed, typically below market value to generate interest in the listing. Certainly, everyone involved in a real estate transaction has a role to play in combating fraud.”

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Sellers Real Estate Realtors Real Estate Agent 397

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.

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Appraisal Marketing Real Estate Inventory 370

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?

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Real Estate Agent Real Estate Agents Sellers 69

McKissock

DECEMBER 20, 2021

Hiring an expert is still preferred, and, in a 2020 study, more than half of buyers said that real estate agents helped them glean more information than they otherwise would have from online portals, saving significant amounts of time, money, and stress. How Can Real Estate Agents Help Online Buyers and Sellers?

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Real Estate Agent Real Estate Agents Sellers 64

Housing Wire

MAY 25, 2021

But there’s growing evidence that non-appraisers can perform high-quality data collection that ultimately empowers the appraiser to focus on what they do best: analysis, research, and determining market value. Real estate agents in particular understand local properties extremely well.

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Appraisal Valuation Real Estate Modernization 368

Housing Wire

NOVEMBER 5, 2023

In an ever-changing real estate market, agents are looking for the best way to generate leads. Geographic targeting The core idea of circle prospecting is geographic targeting, where real estate agents focus their marketing and outreach efforts on a specific neighborhood or area.

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Real Estate Tools Real Estate Agent Agents 221

Lamacchia Realty

MARCH 17, 2023

WHAT IS THE DIFFERENCE BETWEEN ASSESSED VALUE AND MARKET VALUE? Two terms that often come up when buying or selling property are assessed value and market value. While these terms may seem similar, they actually represent two different values that can affect the pricing of a property.

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Market Value Marketing Real Estate Agent Real Estate 74

Listing Spark

JANUARY 5, 2025

Find the Right Real Estate Agent Finding the right real estate agent is a crucial step in the home selling process. A good agent can help you navigate the complex process, provide valuable insights, and ensure a successful sale.

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Sellers HOA Real Estate Agent Contracts 69