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

Housing Wire

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. There are pretty strong limitations to what they can do.

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ProTip: Automatically Add a Timestamp When an eSign Field Is Completed

GoForrmz

GoFormz provides E-SIGN Act-compliant electronic signatures to all free trial and paid tier users (Team, Advanced, Enterprise), meaning your team can collect legally binding signatures at no additional cost. Once you ‘Publish’ your Template, you will now be able to automatically capture a timestamp when an eSign field is completed!

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Appraisal Comparable Guidelines – What Do Appraisers Look For in Comps?

Realvals

Bracketing. It is always important for an appraiser to try and “bracket” all features of the subject property. Bracketing” is a term used by appraisers to describe when the chosen comparables have superior and inferior features to the subject property. Therefore, the lot size is “bracketed.”. Adverse Influences.

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Why is an Appraiser Asking Me About an Old Comp?

Portland Appraisal Blog

Sometimes years might pass by before this legal requirement is understood by the family and an appraisal report is ordered. Legal Disputes : Problems can arise between neighbors that is brought to litigation. I’ve had to use nine comps on occasion.)

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The Pitfalls of Outlier Sales in Pricing a Listing

Birmingham Appraisal

Legal Implications If a buyer or seller relies on an inflated outlier-based list price to make a significant financial decision and later faces financial hardships as a result, they may pursue legal action. Related posts: What is bracketing and why should Realtors do it?

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Investment Property: How Much Can You Write Off on Your Taxes?

Zillow

If you're in the 28% tax bracket, you'll pay a 28% tax on short-term capital gains. Depending on your marginal income tax bracket, these taxes could range from 0% to 15%. In every bracket, however, the IRS takes a smaller cut out of long-term gains than out of ordinary income or short-term gains. Other tax deductions.

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The Complete Guide to Buying a Home As a Government Employee

Raleigh Realty

USDA loans are for those in the low to moderate-income bracket. In fact, your lender has a legal obligation to spell out these fees and mortgage terms. If you're willing to do a little renovation work on a property or live in a rural area, there's a program for you USDA Loans Aren't Just for Farmers The U.S.