Appraisal Contracts Real Estate Agent 
Appraisal Buzz
OCTOBER 31, 2024
Commissions paid to real estate agents representing buyers have remained essentially unchanged since new rules on commissions went into effect on August 17 , according to a new analysis from Redfin. Agents and consumers, many of whom started working together before August, are still adjusting to the new rules.
Appraisal Buzz
MARCH 14, 2025
Some homes are attracting bidding wars like its 2020 again, while others are sitting on the market for weeks with no action, said Desiree Bourgeois, a Redfin Premier Real Estate Agent in Detroit. I recently saw one house get 10 offers and sell for $50,000 over the asking price, and the buyer waived their appraisal contingency.
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Appraisal Buzz
NOVEMBER 22, 2024
“Transitions in life stages are increasingly becoming a primary motivator for property sales, leading to a preference for homes that can accommodate a family’s needs through various life phases,” 22% of luxury real estate agents agreed in the survey. A slight increase in luxury home inventory is expected, 59.3%
Appraisal Buzz
JANUARY 17, 2025
of homes that went under contract that month. Homebuyers pumped the brakes when mortgage rates ticked back up and are now in wait-and-see mode, said Jesse Landin, a Redfin Premier Real Estate Agent in San Antonio. of homes went under contract within two weeksthe lowest share in five years. a year earlier.
Housing Wire
FEBRUARY 9, 2021
When you go to buy a home , your mortgage lender will almost always order a home appraisal. Scenario 1: Your home appraises at your full offer price. Many times, the home appraisal goes off without a hitch. You make an offer on your dream home, and the appraiser verifies the property is worth what you offered (or more).
Housing Wire
JANUARY 26, 2022
For the next two months, United Wholesale Mortgage (UWM) will credit borrowers up to $600 for their appraisal costs, the lender said in a statement Wednesday. This tool will save homebuyers a lot of money and make the homebuying experience better for consumers and real estate agents alike.”. Sponsored Video.
Housing Wire
APRIL 6, 2021
Linda (who asked that her real name not be used) beat out a dozen other prospective buyers in a bidding war by offering $445,000 and waiving all contingencies. Unfortunately, the appraisal put the house’s value roughly $50,000 below than what she paid. She recently had a deal fall apart due to appraisal.
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