Housing Wire

JUNE 28, 2024

There isn’t a whole lot of time during the year where it is super slow because we have a lot of vacation buyers, but pre-COVID, between Columbus Day and Thanksgiving, when the mountains were just starting to open, was typically slow. It really is just really slow from a buyer standpoint.” And that would be great for all buyers.

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Housing Market Marketing Inventory Buyers 397

Housing Wire

JANUARY 14, 2022

Cignarale noted signs of cooling off, including some properties appraising for lower than expected and once desperate buyers no longer waiving home inspections. Agents claim that buyers are leaving pricey, big cities for Rochester including “boomerang buyers” who grew up in Rochester but moved away.

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Agents Inventory Buyers Marketing 448

Appraisal Buzz

JULY 18, 2022

Naturally, this has forced buyers to seek lower price points or has completely eliminated them from the market. Increasing DOM is not necessarily correlated with decreasing prices, but it does mean buyers will have more choices and will be able to regain some bargaining power in negotiations. Take a recent example of mine. 1] [link].

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Sellers Marketing Market Value Home Value 435

Housing Wire

JULY 22, 2024

Back then, we never thought about the property inspection. We didn’t understand anything other than dual agency and we didn’t have inspections for things like radon gas or uranium in the soil. Today, they are dozens of pages long. Now, agents are responsible for so much. In the future, that information might come from AI, though.

Real Estate 456

Real Estate Real Estate Agent Technology Agents 456

McKissock

JULY 20, 2021

Appraisers often balk at assignments that require a more detailed inspection of the subject property (e.g., ” Do you believe you are acting as a home inspector when you complete a property inspection as part of an FHA assignment? Appraisers perform similar inspections, to one degree or another, in most appraisal assignments.

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Inspection Appraisal Construction Clients 105

Housing Wire

MAY 3, 2024

The challenge remains lack of inventory — that’s definitely the big one,” said Alison Alston , the broker-owner of Charlotte-based Lodestone Real Estate and Investments. “We Compounding the issues created by the state’s lack of inventory is the volume of out-of-state buyers still moving into North Carolina. being outbound.

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Inventory Housing Market Marketing Real Estate 430

Housing Wire

APRIL 22, 2024

There are still plenty of buyers interested in this area. In fact, we had (number) offers, which means there are still ready, willing, and qualified buyers eager to make an offer! Buyer’s agents who can find their clients a home that’s not even on the market are instant heroes. Are you considering selling your property?

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Real Estate Open Houses Brokerage Real Estate Agent 464

Appraisal Buzz

JULY 23, 2024

“We’re seeing a slow shift from a seller’s market to a buyer’s market,” says Lawrence Yun, chief economist for NAR, in a statement. More buyers are insisting on home inspections and appraisals, and inventory is definitively rising on a national basis.” Regionally, and month over month, existing-home sales fell 2.1%

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Inventory Inspection Realtors Sellers 195

Housing Wire

JUNE 7, 2024

Listings are the life-blood of all successful real estate businesses, but making the leap from working primarily with buyers to working with sellers can be a challenge for many agents early in their careers. This is a good strategy for agents who are looking to work with buyers as well as sellers. Who’s it for? Put the lockbox on.

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Real Estate Open Houses Agents Sellers 468

Housing Wire

JULY 8, 2024

If no: It’s definitely not easy to do, and it looks like you have a great property! We want to attract the most qualified buyers and create a sense of urgency to encourage them to make strong offers quickly. Buyer objection script: “We’re just going to work directly with the listing agent. Set your own rate and stick to it.

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Real Estate Business Agents Sellers 435

Midtown Appraisal Group

JULY 4, 2021

Appraisers aren’t real estate salespeople or mortgage brokers, and definitely shouldn’t be offering advice or counsel to the people whose properties they’re appraising.

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Mortgage Inspection Real Estate Sellers 133

Housing Wire

AUGUST 3, 2023

Aerial drone inspection of Lennar’s Westview housing development Miami, Florida. We believe this lack of existing homes on the market is pushing prospective buyers toward new homes, bolstering sales and construction,” he added. Taken by Felix Mizioznikov. Also helping to propel new-home sales is a huge deficit in existing homes.

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Construction Development Finance Mortgage 370

Town & Country Residential Appraisals

JULY 18, 2022

Inspection: careful examination or scrutiny Observation: the action or process of observing something carefully in order to gain information While the definitions are close, inspection seems to indicate a more detailed way of looking at something just by the words “examination” and ”scrutiny”.

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Inspection Appraisal Law Insurance 45

Lamacchia Realty

AUGUST 15, 2023

WE BUY HOUSES: HOME CASH BUYER PROS AND CONS What is a Home Cash Buyer? Let’s face it, we’ve all seen the online ads and billboards (and we’ve definitely seen that certain famous caveman) for real estate businesses offering to buy your home quickly and with cash.

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Buyers Real Estate Agent Real Estate Realty 69

McKissock

JULY 26, 2022

As a buyer agent , it is your job to be the voice of reason, the buffer, and sometimes the peacemaker. Here are some tips on how to make the real estate transaction process as smooth as possible for you and your buyer clients. Timeliness and types of inspections. Competing with other buyers. Making an offer.

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Real Estate Counter Offer Buyers Inspection 81

Movoto

SEPTEMBER 23, 2024

They are exciting for buyers as they mean lower costs, while also helping out sellers who want to close quickly. Seller concessions, aka seller credits, are closing costs and prepaid expenses that the seller agrees to concede to the buyer. In other words, they are added incentives for the buyer to get them to close on the sale.

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Sellers Buyers HOA Property Taxes 36

Housing Wire

DECEMBER 7, 2023

Full practice exams, quizzes with over 400 exam prep questions, on-demand course review videos, e-textbook, online note taking feature, Terms & Definitions, makeup for missed classes All features of online class + textbook. Classes meet 4 x per week for 2 weeks. All features of online class + textbook. Classes meet Sat. for 2 weeks.

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Real Estate Real Estate Agent Law Brokerage 434

Realtor

MARCH 7, 2023

This is definitely the case if you’re considering a USDA loan from the Department of Agriculture. ” In some cases, experts advise it might be wise for a potential homebuyer to pay to have a home inspection done prior to the official appraisal.

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Inspection Appraisal Market Value Finance 111

Appraisal Today

NOVEMBER 1, 2024

Conversely, in high-end homes, buyers expect the latest designs, features and finishes; and therefore, an outdated kitchen may be considered as functional obsolescence. In my opinion, this definitely increases risk for consumers, GSEs, the economy and the real estate market. The Wall Street Down graphic above is for the 2008 crash.

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Appraisal Training Contracts Mortgage 86

Quicken Loans

JUNE 3, 2021

You may already be aware of iBuyers and what they have to offer prospective home buyers and sellers. But for those who want to understand what all the hoopla is about and what it entails for buyers, sellers and agents alike, here’s what you should know. What Is An iBuyer? iBuyers aren’t active in all U.S.

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Sellers Buyers Agents Real Estate Agent 55

Zillow

SEPTEMBER 19, 2019

Be prepared for additional - and often unexpected - home-buying costs that can catch buyers unaware and quickly leave you underwater on your new home. When purchasing a home, definitely hire a home inspector (this costs money too!) Related: Insurance FAQs for First-Time Home Buyers. But the asking price is just the beginning.

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Insurance Buyers Landlords Inspection 80

Appraisal Today

SEPTEMBER 22, 2023

To me, the big issue is who is doing the inspections. They should definitely not be paid the same. A buyer gets a seller’s disclosure statement for that information. Most of the inspection training we receive as appraisers happens in the field. Inspection training was very good. Read the full report.

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Appraisal Training Inspection Real Estate 90

McKissock

JANUARY 31, 2023

.” “There is a lot of research and number crunching to do, so asking for a value at time of inspection is a no go.” ” “The definition of market value.” Sometimes a homes across the street are not the same pool of buyers as a home a block away, even if it is the same builder and floor plan.

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Real Estate Agent Real Estate Agents Appraisal 97

McKissock

APRIL 9, 2021

. “In recent months since the pandemic, The Grand Lake area has experienced an increase, particularly in high-end properties, as out-of-state buyers seek areas with less restriction.” ” “Definitely seeing many more purchase appraisals with buyers from the bigger cities moving to more suburban areas.”

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Appraisal Real Estate Renovations Inspection 96

Lamacchia Realty

JANUARY 2, 2025

Having rugs replaced isnt a major expense but will definitely yield worthwhile benefits. Mass Save can do an inspection and will even provide bulbs for you. Shiny, clean, new looking floors make a room seem newer, fresher and brighter. If the carpeting is old, rip in out now if you can. They’re a quick fix to a looming eyesore.

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Investing Renovations Inspection Home Value 69

McKissock

JANUARY 14, 2022

The negative impacts on the marketability of residential properties caused by odors from pet dander, feces, and urine can be significant factors in the price a buyer is willing to pay. For example: I had an assignment to appraise a 3,500 sq. four-year-old masonry house of well above average quality construction.

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Appraisal Tenants Inspection Market Value 77

Assurance Financial

APRIL 29, 2021

If you plan to buy a home or refinance an existing mortgage, you’ll likely encounter mortgage loan terms and definitions that may be unfamiliar — especially if you’re buying a house for the first time. Use the home loan glossary below to get familiar with terms and definitions that might be new to you. Home Inspection.

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Mortgage Insurance Inspection Sellers 69

Listing Spark

FEBRUARY 6, 2023

Episode Summary In this episode, Aaron Jistel (Broker and Co-Founder at ListingSpark) focuses on how recent changes to Texas Real Estate Commission’s contracts and documents may affect home sellers and buyers. As a seller, this can help to ensure that buyers have the actual cash they are claiming they have.

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Contracts Real Estate Sellers Buyers 36

The Robert Weiler Company

MAY 14, 2021

The following guide walks readers through all the definitional terms involved in the estate planning and real estate appraisal process (also referred to as an appraisal for estate planning purposes) and how best to prepare when, eventually, we will all boldly leave this Earth. Your availability for conducting the appraisal.

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Real Estate Appraisal Legal Valuation 133

Appraisal Today

MARCH 15, 2024

NOTE: Please scroll down to read the other topics in this long blog post on USPAP and Personal Inspection, GSE Appraisal Modernization, Transaction costs and values including real estate commissions, unusual homes, mortgage origination stats, etc. = Is this add-on a fair addition to the fundamental, intrinsic value a buyer gets?

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Appraisal Inspection Modernization Business 72

McKissock

MARCH 28, 2023

” “The appraisal of green properties is becoming a must-have both for buyers, sellers, and definitely for real estate appraisers being solicited, whenever any related transactions are being considered or in process.” .” Other (7%) Several appraisers selected “Other” and wrote in their own responses.

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Lending Appraisal Training Property Taxes 99

Lamacchia Realty

JULY 15, 2021

Landscaping can make a good or bad first impression on potential home buyers, guests, and neighbors. If you care about the curb appeal of your New England home, you will definitely want to inspect and assess your yard.

Design 69

Design Sellers Inspection Realty 69

Movoto

MAY 29, 2024

In the following blog, we’ll touch on various elements of closing on a real estate deal , provide an earnest money definition, and explain how it works. The simplest earnest money definition is as follows: it’s a formal good faith deposit made when a home seller accepts a buyer’s offer to purchase a home.

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Contracts Sellers Real Estate Buyers 36

Hank Miller Team

APRIL 12, 2023

Georgia is a buyer beware state, so does a seller have to disclose repaired defects? Home sellers in Georgia must disclose known latent or hidden defects, things that might not be discovered during a reasonable inspection of the home. That doesn't mean it's not a good idea to anyway.

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Sellers Easement Inspection Real Estate Agent 40

Will Springer Realtor

MARCH 30, 2021

In this seller-friendly market, sometimes dozens of buyers make bids on a single home. To receive such a letter, the lending company’s underwriter has already verified the buyer’s credit, income and assets (or “CIA”) to essentially guarantee the loan. They are definitely being earnest with a strong deposit amount.

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Inspection Sellers Buyers Real Estate 36

Town & Country Residential Appraisals

MAY 9, 2022

Buyers were getting very aggressive with their offers, electing to forego all inspections, include escalation clauses and even include things such as free pizza dinners on Fridays for a year or Super Bowl tickets. As many have heard, read or experienced, the real estate market in the year 2021 was crazy.

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Real Estate Inspection Valuation Marketing 50

Will Springer Realtor

SEPTEMBER 19, 2023

The fact is home buyers need to pay attention to their flood risk and the need for flood control. All home buyers. Buyers should be upfront about how much flood risk they are comfortable with and whether they need contacts for flood professionals. Then, together, the buyer and broker can look for that dream home with confidence.

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Insurance Inspection Real Estate Buyers 47