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Three days before the new business practice changes mandated by the settlement of the National Association of Realtors ‘ commission lawsuit went into effect, HousingWire caught up with top realestate coach Skye Michiels to talk about how his agents are handling the big changes. How far is the agent going to take it?
In this blog post, we will delve into the concept of the Law of Diminishing Returns and explore how realestateagents can utilize this knowledge to effectively price their listings. This insight highlights the importance of using the bracketing method and including both larger and smaller comparables in the pricing process.
Tax season is in full swing and if you’re in realestate it’s useful to brush up on specific tax tips for realestateagents. Important tax tips for realestateagents to remember. We asked realestate and tax professionals across the country for their very best tax tips.
Whether you’re a seasoned realestateagent or a curious homeowner, understanding the dangers of outlier sales can help ensure a more accurate and fair representation of property values. The Agent’s Role in Pricing Pricing a home accurately is a pivotal step in ensuring a successful sale.
Appraiser and Agent Collaboration is a Good Thing The importance of collaboration between realestateagents and appraisers can be a touchy subject. On one hand, the realestateagent’s main goal is to advocate for their client while the appraiser must be an impartial and non-biased third party.
This allows us to reach out to the lender and ask for what the agent used to assist their client in pricing/making an offer on the home in question (most lenders discourage this in any other transaction). A recent sale.
You’re a realestateagent and after a lot of back-and-forth, give-and-take, offers and counteroffers, you’ve helped your client negotiate a sweet price for their home. If you are a realestateagent, has this ever happened to you? Remember, the lender is the appraiser’s client and intended user.
Appraisers sought to bracket the subject using three comparable sales. It is a place where we can show our clients just how valuable an appraisal can be. If our business revolves around mortgage lending, we are used to dealing with clients who have a certain level of sophistication.
There are numerous other reasons why you might want to sell your home without an agent, such as saving money and maintaining control. In modern practices, there are plenty of online tools homeowners can use to navigate the market, negotiate deals, and successfully sell their homes without hiring a realestateagent.
For certain parts of the economy, usually in the upper-income brackets, they didn’t carry a lot of debt and they couldn’t go out to spend their money. We’re already having conversations with our clients in the industry. Recent awards include: 2020: Top RealEstate Team (Houston Properties Team), Houston Business Journal.
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