Housing Wire

NOVEMBER 30, 2023

If you’re looking for the best real estate schools in Illinois to complete the required 75 hours of class time you’ll need to get a broker’s license, we’re here to help. In Illinois, real estate agents are called brokers. When you buy through our links, we may earn a commission. out of 5.

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Real Estate Realtors Real Estate Agent Law 397

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.

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Appraisal Real Estate Agent Real Estate Appraisal Process 384

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. There are many things that take place once you go under contract on a home.

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Contracts Real Estate Sellers Real Estate Agent 147

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. This will help establish rapport and trust with the appraiser.

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Real Estate Agent Real Estate Agents Reconsideration of Value 83

Housing Wire

DECEMBER 7, 2023

Many Massachusetts real estate schools offer online courses. After completing an approved course of study, you’ll be able to sit the state real estate exam. Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission.

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Real Estate Real Estate Agent Law Brokerage 342

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 380

Eppraisal

AUGUST 20, 2024

Becoming a real estate agent can be a rewarding career choice, offering flexibility, independence, and the opportunity to help people achieve their dream of homeownership. However, the path to becoming a real estate agent varies by state, with each requiring specific steps to obtain a license.

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Real Estate Agent Real Estate Agents Law 36

Housing Wire

MAY 21, 2024

For many, buying a home is a complex process, and navigating the real estate market’s rules and regulations can be tricky, especially in states where property sale prices remain a secret. Work with a real estate professional with MLS access In non-disclosure states, the role of real estate agents becomes even more crucial.

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Real Estate Agent Real Estate Inspection Valuation 413

Appraisal Today

FEBRUARY 17, 2023

What Appraisers Wish Real Estate Agents Understood McKissock Survey Question: “What’s one thing you wish real estate agents knew about the appraisal process? I will always remember when, many years ago, a top local real estate agent asked me why I was driving around taking photos of homes.

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Real Estate Agent Real Estate Appraisal Agents 52

Housing Wire

FEBRUARY 9, 2021

When you go to buy a home , your mortgage lender will almost always order a home appraisal. More for Real Estate Enthusiasts. Scenario 1: Your home appraises at your full offer price. Many times, the home appraisal goes off without a hitch. Scenario 2: Your home appraisal comes in low. The purpose?

Appraisal 458

Appraisal Real Estate Agent Real Estate Sellers 458

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. Made to order.

Appraisal 409

Appraisal Inspection Real Estate Agent Training 409

Housing Wire

SEPTEMBER 25, 2023

MV Realty operated in 33 states and has more than 500 real estate agents. The firm’s legal troubles began in late 2022 when it was sued by attorneys general in Florida , Massachusetts and Pennsylvania over its 40-year contracts.

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Realty Real Estate Agent Legal Real Estate 450

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.

Appraisal 540

Appraisal Reconsideration of Value Real Estate Agent Sellers 540

Sacramento Appraisal Blog

JULY 11, 2022

UPCOMING (PUBLIC) SPEAKING GIGS: 7/15/2022 Lunch & Learn Market Update (sign up (for real estate agents)) 7/20/2022 Beer & Stats at Out of Bounds (sign up (for real estate agents)) 7/26/2022 […]. .” I hear that quite a bit, but is it true? Well, yes and no. Let me explain.

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Housing Market Real Estate Agent Marketing Real Estate 416

Realtor

SEPTEMBER 13, 2023

-Oxford-/iStock The home-buying process is a high-stakes thrill ride full of exhilarating ups and scary downs, but unquestionably one of the most deflating moments is when the appraisal comes in significantly lower than the accepted offer. This is, to use technical real estate lingo, “a bummer.”

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Appraisal Sellers Real Estate Agent Valuation 193

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

Movoto

APRIL 8, 2024

After submitting an offer on a home you plan to purchase, a few things might happen – once an offer is accepted (typically, after negotiations but not always), real estate sales agreements come into effect between buyers and sellers. What Are Real Estate Sales Agreements? Should the buyer breach the contract (e.g.,

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Contracts Real Estate Property Taxes Inspection 36

Housing Wire

MARCH 15, 2024

You should be finding buyers before real estate agents anyway.” NEXA has always been focused on purchase loans , which means some of its LOs do significant business with buyers’ agents. Kortas believes that good buy-side agents will remain highly relevant and garner more business as competitors wash out.

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Buyers Agents Mortgage Real Estate Agent 504

Housing Wire

MAY 20, 2022

COVID changed the real estate industry in a big way since it provided many people with an opportunity to work remotely and live almost anywhere. Like anything in real estate, many factors affect how long it takes to sell your house. Hire a Real Estate Agent. Sell to a Wholesaler.

Real Estate Agent 384

Real Estate Agent Tenants Real Estate Agents 384

Appraisal Today

SEPTEMBER 6, 2024

Newz: Disturbing AMC Violations, Appraiser and Real Estate Agent Communication September 6, 2024 What’s in This Newsletter (In Order, Scroll Down) Top 10 Things Appraisers Wish Real Estate Agents Understood Divorce Appraisal Red Flags Carmel’s Iconic and Artistic ‘Owl House’ $3,750,000 Housing Market Update: August 2024 Please!

Real Estate Agent 88

Real Estate Agent Real Estate Appraisal Agents 88

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.

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Real Estate Real Estate Agent Contracts Inspection 148

Padove Appraisal Service

FEBRUARY 27, 2023

Many people’s experiences with real estate appraisals are limited to mortgage applications. The appraiser is usually selected, and the report ordered through the lender. The task of selecting an appraiser for purposes such as estate planning and settlement, divorce, tax appeal, etc.,

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Appraisal Real Estate Real Estate Agent Appraisal Process 145

Housing Wire

JUNE 21, 2024

If the homeowner breaks the agreement or decides to terminate the agreement early, the homeowner must pay 6% of the appraised value of the home. “We In a press release, ALTA said the laws are designed to help “protect homeowners from predatory practice of filing of unfair real estate fee agreements in property record.”

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Realty Law Real Estate Agent Real Estate 295

Appraisal Buzz

SEPTEMBER 12, 2024

Economic jitters: Americans are particularly cautious about making big purchases at this time since the labor market is contracting and they fear a recession. The post Mortgage Demand for Second Homes Slips YoY appeared first on Appraisal Buzz. To read the full report, including more data, charts, and methodology, click here.

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Mortgage Real Estate Agent Government Contracts 221

Housing Wire

MAY 17, 2024

The guarantee means that the bank promises an on-time closing on or before the contract closing date, or it will pay the homebuyer $20,000. In just the past year, the Department of Justice has called for a full dislocation of real estate agent commissions between sellers and buyers, and new appraisal bias protections have been set up.

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Lending Real Estate Agent Contracts Government 371

Cleveland Appraisal Blog

SEPTEMBER 3, 2021

In most parts of the country, real estate appraiser’s main source of data is the multiple listing service. Real estate agents are typically the individuals who provide information in the MLS. For instance, say I am appraising a home with one thousand square feet of above grade living area.

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Agents Appraisal Renovations Development 373

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. Garrett said aside from cash buyers, he also has clients who have money to offset any appraisal gap. In fact, Austin has just about 1.2

Housing Market 534

Housing Market Buyers Marketing Real Estate Agent 534

Housing Wire

OCTOBER 26, 2021

In May the real estate agent listed a two-bedroom home in Fountain Hills, Arizona, 30 miles north of Phoenix, for $342,000. With one of only a few companies that provide an iBuying offering halting business, it does present an opportunity to us as customer demand for streamlined, on-demand real estate solutions remain high.”.

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Supply Chain Real Estate Real Estate Agent Clients 530

Empire Appraisal Group

JUNE 27, 2024

What Buyers, Sellers Want From Their Agents By Melissa Dittman Tracey Find out the traits that consumers say they’re looking for in real estate professionals to help them navigate a transaction, like a guide and a coach. Only 5% relied on internet searches to find one.

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Sellers Buyers Agents Real Estate Agent 78

Housing Wire

DECEMBER 8, 2023

How do you articulate the value you bring when representing a homebuyer in a real estate transaction? Ultimately, every homebuyer prospect, every contract and every negotiation is different, but your value should be consistent for all situations and clients. Tim and Julie Harris host a podcast for real estate professionals.

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Clients Real Estate Inspection Buyers 399

Empire Appraisal Group

NOVEMBER 3, 2022

More than a quarter of real estate professionals say they avoid having any interaction with an appraiser, falsely believing they legally can’t. Source: Can You Talk to an Appraiser? The survey of more than 600 appraisers and 2,500 residential real estate pros was conducted in May. nar.realtor).

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Appraisal Appraisal Process Legal Real Estate 78

Birmingham Appraisal

FEBRUARY 20, 2024

Appraiser and Agent Collaboration is a Good Thing The importance of collaboration between real estate agents and appraisers can be a touchy subject. On one hand, the real estate agent’s main goal is to advocate for their client while the appraiser must be an impartial and non-biased third party.

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Agents Appraisal Real Estate Agent Bracketing 91

Appraisal Today

APRIL 26, 2024

What Does Arm’s Length Mean in Real Estate? The 7 Sale Types Explained Excerpts: An arm’s length sale – a sale in which the buyers and sellers act independently and in their own self-interest is the most common type of real estate transaction. I have done a lot of estate appraisals.

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Appraisal Real Estate Real Estate Agent Contracts 80

Appraisal Buzz

SEPTEMBER 5, 2024

“I have a dozen or so homeowners who would like to sell, but aren’t willing to give up their 3% interest rate for one that’s more than twice as high,” said Blakely Minton, a Redfin Premier Real Estate Agent in Philadelphia. appeared first on Appraisal Buzz. Many of those sellers will list if rates get back down to 5%.”

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Construction Inventory Housing Market Contracts 459

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. metropolitan areas.

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Buyers Contracts HOA Property Taxes 396

The Robert Weiler Company

JANUARY 2, 2021

In real estate, buyers and sellers must be knowledgeable to make informed decisions. Are you familiar with a land contract in Ohio, as well as the state-specific requirements? What is a land contract in Ohio, really? While a land contract might be ideal for you, there are important details you need to know, first.

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Contracts Tenants Legal Sellers 143

Appraisal Buzz

MAY 17, 2021

During the 2007-10 mortgage default meltdown, appraisals were a target of complaints and allegations by lenders, the GSEs, some state appraisal boards, and a few unscrupulous entrepreneurs. Many allegations related to appraisals that used inappropriate comparable sales that were used to “make” a deal work.

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Appraisal Clients Real Estate Sellers 418