Housing Wire

DECEMBER 30, 2020

Rodman Schley was selected to become the next president of the Appraisal Institute (AI) beginning Jan. 1, succeeding appraiser Jefferson Sherman, according to the trade organization. Due to the effects of COVID-19, mortgage giants Fannie Mae and Freddie Mac have significantly relaxed appraisal standards.

Appraisal 292

Appraisal Real Estate Agent Valuation Finance 292

Housing Wire

SEPTEMBER 25, 2023

MV Realty operated in 33 states and has more than 500 real estate agents. This means that if a homeowner decides to sell their house sometime in the next 40 years, the company is entitled to list the home for a 3% commission, which is separate from the commission earned by the buy-side agent.

Realty 476

Realty Real Estate Agent Legal Real Estate 476

The Appraiser Coach

MAY 18, 2021

It is no secret that we as appraisers take a lot of photos. I probably take about 20-25 per house that I inspect. Then there are all the comp photos. Read More.

Appraisal 397

Appraisal Inspection Advertising Business 397

Housing Wire

JANUARY 17, 2024

Mortgage Matchup will continue to be a consumer-facing website focused on homebuyers and real estate agents and offer educational material around the home buying and refinancing processes, along with a database of independent mortgage brokers near them, said UWM in a news release Wednesday.

Mortgage 468

Mortgage Real Estate Agent Modernization Retail 468

Housing Wire

APRIL 21, 2021

The regulator is also advancing permanent changes to be made in the appraisal space. The government agency also said it plans to retire all temporary selling flexibilities on May 31, 2021. . According to the FHFA, hybrid appraisals would increase coverage for rural markets and high-volume areas where time becomes a greater issue.

Valuation 418

Valuation Real Estate Agent Appraisal Modernization 418

Miller Samuel

NOVEMBER 30, 2018

My friend and appraisal colleague Ryan Lundquist and I authored a petition on change.org to point out the growing wreckless behavior that is enveloping the mortgage process. There’s a proposal from the FDIC, Federal Reserve, and Treasury Department not to require appraisals for some mortgages under $400,000.

Appraisal 300

Appraisal Inspection Real Estate Agent Agents 300

Housing Wire

JANUARY 11, 2021

Rocket Homes Real Estate , a real estate affiliate of Rocket Companies , is being investigated by the Consumer Financial Protection Bureau (CFPB) for possibly violating the Real Estate Settlement Procedures Act (RESPA) when it charged fees for referring Quicken’s mortgage clients to real estate agents, according to officials.

Real Estate Agent 435

Real Estate Agent Real Estate Brokerage Law 435

The Appraiser Coach

MARCH 12, 2021

Many appraisers work out of our homes, not interacting with office staff or other appraisers. Even when we’re out, we’re still doing work-related tasks like shooting pictures and doing inspections. Read More.

Appraisal 369

Appraisal Inspection Advertising Business 369

The Appraiser Coach

DECEMBER 14, 2021

Can you do a rental schedule on a property that you have not appraised? This was a question recently asked in my closed Facebook All-Stars group. Within this private group, Read More.

Appraisal 370

Appraisal Advertising Inspection Business 370

Housing Wire

MAY 17, 2024

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.

Lending 481

Lending Real Estate Agent Contracts Government 481

Housing Wire

NOVEMBER 30, 2023

Your path to real estate licensure begins with 120 hours of classes in an approved Ohio real estate license education program. From completing your required coursework to taking the licensing exam, keep reading to learn how to become a real estate agent in Ohio. Ready to find a real estate brokerage?

Real Estate 459

Real Estate Real Estate Agent Brokerage Agents 459

The Appraiser Coach

JULY 20, 2021

As appraisers we often wear at least two different hats. You have heard me talk about the business owner cap versus the technician cap. While we often play both roles, Read More.

Appraisal 370

Appraisal Business Advertising Inspection 370

Birmingham Appraisal

DECEMBER 17, 2024

Tips To Ensure a Successful Appraisal When it comes to the home appraisal process, providing complete and accurate information is critical for a successful appraisal. Real estate agents and loan officers play an important role in ensuring appraisers have the necessary data to deliver reliable valuations.

Appraisal 76

Appraisal Easement Real Estate Agent Valuation 76

The Appraiser Coach

MARCH 30, 2021

I was recently asked by a newbie in real estate appraisal how much I think a new real estate appraiser should charge. Many new appraisers and trainees want to get. Read More.

Real Estate 335

Real Estate Appraisal Inspection Advertising 335

Housing Wire

AUGUST 31, 2022

This helps eliminate human error, creates digital consistency in the output, and democratizes the creation of accurate property data critical to real estate listings and the appraisal process on a home loan. Th company wants to drastically increase use of its product in the U.S. to drive the industry toward a new paradigm.

Technology 370

Technology Modernization Appraisal Process Training 370

Appraisal Today

NOVEMBER 1, 2024

FHFA’s Appraisal Waivers Expansion The Great Debate on Appraisal Fees Updated UAD redesign timeline with specific implementation dates Mortgage applications decreased 0.1 As an appraiser, understanding the nuances of kitchens is essential to providing credible and insightful valuations.

Appraisal 96

Appraisal Training Contracts Mortgage 96

Housing Wire

NOVEMBER 5, 2021

In every single residential real estate transaction, the housing industry comes together. Real estate agents partner with lenders. Underwriters rely on appraisal and valuation professionals. Lenders and agents put their trust in title partners. Reducing Bias is the Gold Standard for Appraisals.

Real Estate 395

Real Estate Valuation Real Estate Agent Development 395

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 97

Real Estate Agent Real Estate Appraisal Agents 97

Appraisal Buzz

JUNE 20, 2022

Real property appraisers have had quite a bit dumped on them in the past couple of years. The uncertainty, turmoil, and government interest in oversight and intervention caused by allegations of racial and ethnic bias in real property appraisal is cause for concern. There is a bright spot, however.

Appraisal 417

Appraisal Property Appraisal Modernization Real Property 417

The Appraiser Coach

APRIL 13, 2021

Some people might say a public forum isn’t the place to air this dirty laundry, but this is not really a public forum. Of my thousands of readers, very few. Read More.

Appraisal 370

Appraisal Inspection Advertising Business 370

Appraisal Buzz

JUNE 19, 2024

Nearly 20% of those veterans polled cited seller hesitation about VA offers and negative attitudes about VA loans among sellers’ real estate agents as major challenges with using their benefit. The post Ranking the Top Housing Markets for Military Households appeared first on Appraisal Buzz.

Housing Market 394

Housing Market Marketing Real Estate Agent Real Estate 394

Housing Wire

FEBRUARY 7, 2023

It essentially allows qualified buyers with a government loan to purchase a home by assuming responsibility for the sellers’ mortgage terms, including the current balance and interest rate. The fees are typically lower than in new loans, and no appraisal is needed. In fact, it was fairly common a few decades ago.

Mortgage 397

Mortgage Loan Officers Government Buyers 397

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 We call these unfair service agreements for a reason,” Elizabeth Blosser, the vice president of government affairs at ALTA, told HousingWire in May 2023.

Realty 395

Realty Law Real Estate Agent Real Estate 395

Housing Wire

JANUARY 10, 2024

The median agent in the study’s result, by contrast, had two sales per year, leading the study’s author, CFA senior fellow Stephen Brobeck, to conclude, “the residential real estate industry is clearly a part-time industry.”

Agents 459

Agents Real Estate Real Estate Agent Training 459

Appraisal Buzz

NOVEMBER 14, 2024

When the government and private developers team up, they can create innovative and financially viable housing solutions that benefit everyone. Look into down payment assistance programs offered by local and federal governments, which can provide financial support and reduce the upfront costs of purchasing a home.

Real Estate 221

Real Estate Finance Investing Investors 221

The Appraiser Coach

MARCH 19, 2024

As a real estate investor, I have the opportunity to rub shoulders with all kinds of people, even other appraisers on occasion. With a recent house purchase in another state, I got a call from the appraiser of this property as he was planning a visit out there. To get the mix just right, you need a little bit of both.

Appraisal 195

Appraisal Clients Real Estate Business 195

Appraisal Buzz

JULY 13, 2022

. — Clearbox®, LLC, the most comprehensive credentials database of appraisers, trainees, real estate agents, and property data collectors, announced today a new integration of its vendor panel management solution suite with the Voxtur Analytics Corp. valuation technology, Anow. About Clearbox. About Voxtur.

Tools 195

Tools Chief Valuation Officer Valuation Real Estate Agent 195

The Appraiser Coach

SEPTEMBER 7, 2021

Technology is important to your business. Sometimes, it can be a challenge to keep your computer, your systems, your network, your internet, and the software you use all running and. Read More.

Appraisal 326

Appraisal Technology Business Inspection 326

Housing Wire

OCTOBER 1, 2021

It is hot, hot, hot here,” Clay Winder, a real estate agent for Keller Williams Westfield , said. Nestled between Utah Lake and the towering peaks of the Wasatch Mountain Range, it is hard to imagine that anything in the Provo-Orem metropolitan area could be anything other than serene.

Housing Market 448

Housing Market Marketing Agents Real Estate 448

Housing Wire

MARCH 1, 2022

Later in 2020, eOriginal was acquired by Wolters Kluwer for $280 million in cash and continues to operate within the Wolters Kluwer Governance, Risk & Compliance business. Global DMS emphasizes that their appraisal management software product EVO prevents the need to hire additional staff while also decreasing turn times for less cost.

Real Estate 397

Real Estate Brokerage Real Estate Agent Technology 397

Appraisal Buzz

JUNE 17, 2024

Nearly 20% of those veterans polled cited seller hesitation about VA offers and negative attitudes about VA loans among sellers’ real estate agents as major challenges with using their benefit. The post Measuring the Impact of VA Loans appeared first on Appraisal Buzz.

Real Estate Agent 221

Real Estate Agent Real Estate Sellers Agents 221

Housing Wire

DECEMBER 21, 2023

This product allows a homebuyer to purchase a fixer-upper and finance the purchase and renovation in one loan based on the expected appraised value of the home after improvements. MYTH: The appraisal process for VA loans is more stringent and difficult than conventional loans. Who is eligible?

Mortgage 468

Mortgage Renovations Appraisal Process Finance 468

Appraiserblogs

MARCH 30, 2022

This is an analysis of Freddie Mac’s misleading and basically defamatory paper on Appraisal Gap. When government related entities release misleading information like this they are attacking and defaming real estate appraisers. It has nothing to do with appraisals. More great research from AEI.

Appraisal 114

Appraisal Real Estate Agent Real Estate Government 114

Appraisal Buzz

SEPTEMBER 12, 2024

The cost of purchasing a second house increased in 2022 as a result of an increase in loan costs by the government. Most short-term rental owners on platforms such as Airbnb make less money overall, and many local governments have put limits on short-term rentals. Mortgage-rate locks for second houses climbed a record 96.2%

Mortgage 221

Mortgage Real Estate Agent Government Contracts 221

Housing Wire

APRIL 14, 2023

Neighborhoods are subject to the choices of developers, municipal governments and other outside groups. Minorities in real estate We need more people of color in the real estate industry who can shape where we live, work, socialize, shop and worship.

Real Estate 397

Real Estate Law Business Real Estate Agent 397

Housing Wire

MARCH 5, 2024

Typically, the fees are lower than those for new loans and no appraisal is needed. How do you help real estate agents? We help listing agents generate significantly more buyers for their home sales. In 2023, the Federal Housing Administration (FHA) and the U.S. This amounts to $1.4

Mortgage 468

Mortgage Buyers Agents Real Estate Agent 468

Housing Wire

NOVEMBER 1, 2023

In metros across the country, decade after decade, pre-internet and post-internet, buyer agents almost always get 2-3% of the sale price, paid by the seller, the researchers note. and relied on salaried agents rather than commission-paid agents, who typically cost sellers 5-6%. One of the researchers, Will Fried, had a hunch.

Clients 459

Clients Agents Buyers Sellers 459