Bracketing Buyers Contracts 
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. In relatively competitive housing markets, agents are seeing more negotiation over who pays the buyer’s agent, and how much they are paid.
Housing Wire
AUGUST 23, 2024
Sky Michiels In an interview with HousingWire Managing Editor James Kleimann, Michiels shared his thoughts on how buyer broker compensation will evolve, how lower-income buyers will be affected, the legal scenarios for agents, and what new business models may emerge in the coming years. But the seller only agrees to pay 1%.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Appraisal Buzz
DECEMBER 9, 2024
Market Condition Adjustments Illustration Fannie Mae guidelines emphasize that adjustments made to comparable sales are based on market changes between the contract date of the comparable sales and the effective date of the appraisal. It includes insights from CoreLogic economists to help appraisers and home buyers understand the market.
Birmingham Appraisal
APRIL 11, 2023
In today’s market where so much information is available online, it’s important to put in the research upfront when pricing a home because we know buyers do and they will know when a listing is overpriced. Using sales that are inferior, similar, and superior to the subject in some aspect constitutes bracketing.
Lamacchia Realty
JUNE 21, 2022
Now, months later, with rates up nearly 100% from the start of the year- January mortgage rates were hovering in the low to mid 3’s and this week reached 6.28%- diminished buyer affordability is causing a big downshift in demand. Rising prices weren’t favorable but with historically low mortgage rates , they were still affordable for buyers.
Lamacchia Realty
MARCH 26, 2024
Elevated condo association and special assessment fees present an additional financial burden for condo owners, deterring potential buyers unless the purchase price is reduced sufficiently to offset the higher ongoing monthly costs. Source Inventory rises when more sellers are listing than buyers are buying.
Birmingham Appraisal
FEBRUARY 20, 2024
It’s important to understand that collaboration does not mean that both parties must work together so that the deal closes at the contract price no matter what. The lender, whether it be a bank, mortgage company, credit union, or other financial institution will provide the buyer with the funds through a mortgage to pay for the house.
Expert insights. Personalized for you.
386 
Let's personalize your content