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Real Estate Agents Weigh in on Impact of NAR Settlement

Appraisal Buzz

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. Our agents see that as a positive, as it encourages more communication upfront and increases transparency around fees.”

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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. In this blog post, we will delve into the concept of the Law of Diminishing Returns and explore how real estate agents can utilize this knowledge to effectively price their listings.

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

Housing Wire

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 real estate coach Skye Michiels to talk about how his agents are handling the big changes. But the seller only agrees to pay 1%.

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Why Agents Should Share Their CMA With The Appraiser

Birmingham Appraisal

Appraiser and Agent Collaboration is a Good Thing The importance of collaboration between real estate agents and appraisers can be a touchy subject. 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.

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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. Whether you’re a seasoned real estate agent or a curious homeowner, understanding the dangers of outlier sales can help ensure a more accurate and fair representation of property values. There is a difference.

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The Complete Guide to Buying a Home As a Government Employee

Raleigh Realty

Getting pre-approved tells the seller that you're serious. You want to choose the best price available Find an Agent Yes, it does cost money to hire a real estate agent. With an agent, you get a professional who knows the ropes. Most real estate agents will meet this criterion, but it's good to check first.

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The art (and the importance) of pricing your home to sell

Cornerstone

Though we’re currently in a seller’s market, it’s still vital to set the right price for your home if you want it to sell profitably — and fast. The good news about housing inventory recently hitting an all-time low is that this puts sellers in the driver’s seat. Work with a skilled real estate agent.

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