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Real estate coach Skye Michiels on why sell-side commissions might rise and new models could emerge

Housing Wire

Kleimann: What are you advising seller’s agents and buyer’s agents about the changes? In some markets, like in Texas, for example, I have agent clients who are in a little bit more of a buyer’s market. I think agents need to be very, very aware of market conditions and the seller’s goals and desires.

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Supporting Market Conditions Adjustments: A Comprehensive Guide for Appraisers

Appraisal Buzz

Active listings also provide insight into current seller and buyer motivations. For example, if many active listings are priced higher than recent sales, it may suggest that sellers are responding to increased demand or reduced inventory, which are key indicators of a market in transition.

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Understanding the Law of Diminishing Returns in Pricing: A Guide for Real Estate Agents

Birmingham Appraisal

Pricing a property correctly from the outset is crucial for attracting potential buyers and maximizing the seller’s return on investment. Seller Education: Real estate agents play a crucial role in educating sellers about the Law of Diminishing Returns and its implications for pricing.

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The Pitfalls of Outlier Sales in Pricing a Listing

Birmingham Appraisal

Some people will say that it is market value because you have a willing buyer and a willing seller. For sellers, this can be appealing, as it may justify a higher asking price. Including an exceptionally high sale in an area with mainly moderate values can give a false impression of what typical buyers and sellers can expect.

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Why Agents Should Share Their CMA With The Appraiser

Birmingham Appraisal

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. While the agent acts on behalf of their seller, it is important for their pricing strategy to also be based on the most up-to-date and accurate market data.

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6 Ways to Prevent Conventional Loan Appraisal Revisions

Clear Capital

Whether it is for the borrower, the seller, or the lender, a detailed and error-free appraisal report positively influences the purchase decision and credibility of the process. By bracketing the salient features of the house in the appraisal report, appraisers sometimes overlook the proximity and location factors. 1 is location, No.

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Getting Appraisers to Reconsider Value—Do’s & Don’ts

Portland Appraisal Blog

You’re a real estate agent 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. You, the seller, the buyer, the lender—heck, even the mailman, are all shocked the deal has fallen apart. Not even the borrower is the appraiser’s client.