Housing Wire

APRIL 20, 2021

Patrick, a first-time homebuyer, was competing with buyers who were waiving basic contingency requirements and/or putting in offers that far exceeded the seller’s asking price. After months of slogging through a string of disappointments, Patrick turned to a renovation loan and started looking at fixer-uppers. Already a member?

Renovations 468

Renovations Real Estate Agent Construction Buyers 468

McKissock

APRIL 28, 2021

It makes sense, but it can make the real estate process even tougher for buyers. That means it’s often the real estate agent’s job to ease their minds and lighten the situation. Here’s how to handle emotional buyers like the pro that you are. Kitchens can be renovated and landscaping redone.

Real Estate Agent 87

Real Estate Agent Real Estate Buyers Agents 87

Birmingham Appraisal

JUNE 21, 2023

Real estate agents, as trusted guides for their clients, must possess a good understanding of the factors that influence property appraisals. In this blog post, I’ll discuss key appraisal factors, and common challenges, and offer valuable insights for real estate agents to navigate the appraisal process effectively.

Real Estate Agent 83

Real Estate Agent Real Estate Agents Appraisal 83

McKissock

JANUARY 31, 2023

As part of our Question of the Month survey series, we asked members of our appraisal community, “What’s one thing you wish real estate agents knew about the appraisal process?” 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.

Real Estate Agent 97

Real Estate Agent Real Estate Agents Appraisal 97

Birmingham Appraisal

DECEMBER 19, 2023

Tips To Make An Agent’s Life Easier The job of a real estate agent is extensive. There was a popular post that many agents were sharing on Facebook recently that listed all of the hats that an agent must wear. In addition to emotions, some buyers do not understand the concept of cost versus value.

Real Estate Agent 76

Real Estate Agent Real Estate Agents Appraisal 76

Housing Wire

OCTOBER 24, 2024

My mom and stepdad went into pre-foreclosure,” said Sandoval, a real estate agent and investor who specializes in working in low-income, often Latino neighborhoods in Southern California. “I That means the buyer will need to pay in cash or use non-traditional financing such as a hard money loan.

Retail 448

Retail Buyers Renovations Finance 448

Housing Wire

MAY 20, 2022

Today, homes are selling faster than usual because of the shortage of inventory and high buyer demand. COVID changed the real estate industry in a big way since it provided many people with an opportunity to work remotely and live almost anywhere. Fortunately, there are many ways you can sell your house fast.

Real Estate Agent 435

Real Estate Agent Tenants Real Estate Agents 435

Housing Wire

OCTOBER 6, 2023

Mortgage lenders are betting on down-payment assistance programs, buy-down options and renovation products to provide brokers opportunities to win in a market with mortgage rates nearing 8%, a lack of inventory and high home prices. “Brokers need now to control things they can control, like their costs, and give the consumer options.”

Mortgage 493

Mortgage Real Estate Agent Renovations Finance 493

Birmingham Appraisal

JULY 12, 2023

How Agents Can Use The Law of Diminishing Return When Pricing a Listing As a real estate appraiser with over 30 years of experience, I have witnessed firsthand the critical role that accurate pricing plays in the success of real estate transactions.

Real Estate Agent 92

Real Estate Agent Law Real Estate Bracketing 92

Housing Wire

JUNE 10, 2021

Here are four potentially unexpected costs you should be aware of: More for Real Estate Enthusiasts. To attract potential buyers, sellers have to make sure their home is aesthetically pleasing. After all, curb appeal is just as attractive to potential buyers as the indoor layout. Real Estate Commission.

Sellers 546

Sellers Real Estate Agent Real Estate Decorating 546

McKissock

JULY 18, 2021

When the seller’s market is this hot, is it still necessary to renovate a seller’s home before it hits the market? But just because the ball is already in the seller’s court, so to speak, is it enough to justify skipping renovation altogether? Go Big Or Go Home.

Renovations 96

Renovations Marketing Real Estate Agent Sellers 96

Housing Wire

MAY 28, 2021

According to a study conducted by Buildword , 53% of buyers who purchased a fixer-upper exceeded their budget, compared to 15% of buyers who purchased a turnkey home. Keep reading to learn whether a turnkey home or fixer-upper is the right option for you: More for Real Estate Enthusiasts. Buying a house that needs work?

Renovations 508

Renovations Home Improvement Real Estate Agent Real Estate 508

Housing Wire

SEPTEMBER 19, 2023

You’ve found a house for your buyer or a buyer for the home you’re selling. If the second appraisal comes back higher, buyers and sellers may feel more comfortable meeting in the middle. Appraisals protect buyers and sellers Buying and selling a home is a financial transaction that involves large sums of money.

Real Estate 476

Real Estate Appraisal Agents Inspection 476

Housing Wire

JANUARY 5, 2024

Few things affect the real estate market more than the rise and fall of interest rates , which has a ripple effect that directly influences everything from buyer behavior to market trends. How interest rates impact your clients Let’s look at how interest rates can impact buyers, sellers or homeowners looking to refinance.

Real Estate 468

Real Estate Agents Marketing Sellers 468

Housing Wire

JULY 17, 2023

This transformative technology has opened up a new world of possibilities, empowering agents and captivating potential buyers like never before. Continue reading to delve into the exciting realm of VR in real estate, exploring its benefits, advantages and the promising future it holds for the industry.

Real Estate 345

Real Estate Technology Business Real Estate Agent 345

Housing Wire

APRIL 23, 2024

Amid a higher rate environment when refinances are scarce, Martell said that loanDepot sees opportunities in other products, such as renovation loans and home equity lines of credit (HELOCs). The company now has a digital HELOC offering. Martell believes there will not be “a zero commission” market.

Mortgage 386

Mortgage Real Estate Agent Real Estate Renovations 386

Empire Appraisal Group

JULY 27, 2023

Source: [link] Why Don’t More Buyers Consider a Fixer-Upper? In a time of rising housing costs, a fixer-upper offers more house for the money – but the iffy cost for renovations scares buyers already hurt by high interest rates. The drop in demand for unrenovated homes is mostly driven by high mortgage rates, agents say.

Buyers 78

Buyers Renovations Real Estate Agent Agents 78

Housing Wire

OCTOBER 20, 2023

And with millennials emerging as the largest generation of homebuyers in today’s market, comprising 28% of all homebuyers, real estate agents need to master social media or they might miss out. Sixty percent of agents surveyed believe that social media provides higher quality leads than the MLS.

Real Estate 434

Real Estate Agents Real Estate Agent Decorating 434

Boston Appraisal

JULY 13, 2024

Creating an effective MLS (Multiple Listing Service) listing is crucial for attracting potential buyers and expediting the appraisal process. This allows both a potential buyer and the appraiser to see where this property falls within the real estate market.

Appraisal Process 147

Appraisal Process Buyers Appraisal Legal 147

McKissock

MARCH 20, 2022

When selling a home though, most real estate professionals will vouch that — as far as home improvements are concerned — kitchen renovations are worthy investments that will likely increase your resale value. These minor changes can make a big difference to potential buyers, thus increasing your home’s value.

Renovations 84

Renovations Investing Modernization Real Estate 84

Mashvisor

MAY 16, 2022

Find real estate agents near me when you need help identifying and evaluating renovation expenditures for a potential investment property. Table of Contents What Is a Real Estate Agent? Pros…

Real Estate Agent 53

Real Estate Agent Real Estate Agents Investors 53

Housing Wire

OCTOBER 10, 2023

A Comparative Market Analysis (CMA) is a detailed report that helps real estate agents evaluate and determine the market value of a property. It is an essential tool that allows agents to clearly communicate a pricing benchmark for a property. They are more appropriate for an appraisal.

Marketing 435

Marketing Real Estate Agent Clients Tools 435

Housing Wire

APRIL 22, 2024

Please think of me as your go-to resource for all things real estate. I can also provide expert advice about renovations and the potential return on investment — where to get the biggest bang for your buck — or simply answer any questions you have about the market. Call or text me with any real estate questions!

Real Estate 456

Real Estate Open Houses Brokerage Real Estate Agent 456

Housing Wire

JULY 10, 2024

Seller / Buyer/ Balanced). There is no advantage to either buyers or sellers in this type of market. Buyer’s Market – Greater than six months’ worth of inventory in the area. There are usually many properties available at different price points in a buyer’s market and properties generally take longer to sell.

Sellers 434

Sellers Real Estate Agents Clients 434

Appraisal Buzz

APRIL 30, 2024

With the downturn in home sales, the challenges are multifaceted: Homeowners are holding onto low-interest rate mortgages instead of moving up, investors edging out traditional buyers with cash offers and first-time homebuyers facing steep affordability hurdles and bidding wars. That presents a unique challenge as well as an opportunity.

Marketing 195

Marketing Real Estate Agent Renovations Buyers 195

Lamacchia Realty

MAY 23, 2023

WHAT TO KNOW ABOUT HOME RENOVATIONS IN 2023 In recent years, the world has undergone a multitude of changes, and the home renovation industry is no different. Factors such as supply chain disruptions, project delays, and increasing costs have greatly impacted both new construction and ongoing renovation projects.

Renovations 69

Renovations Supply Chain Construction Home Improvement 69

Appraisal Today

FEBRUARY 17, 2023

What Appraisers Wish Real Estate Agents Understood McKissock Survey Question: “What’s one thing you wish real estate agents knew about the appraisal process? I will always remember when, many years ago, a top local real estate agent asked me why I was driving around taking photos of homes.

Real Estate Agent 52

Real Estate Agent Real Estate Appraisal Agents 52

Housing Wire

JUNE 21, 2022

Selling a home typically involves nearly 10% in transaction fees between real estate agents , title companies, inspections, and other expenses. Yes, there are some government programs that provide construction components on permanent loans, but they are not ideal for inexperienced home buyers.

Investors 435

Investors Renovations Inspection Government 435

Housing Wire

SEPTEMBER 18, 2024

Virtual open houses are a unique way to help you stand out from other agents as a tech-savvy marketer and can help get your listings in front of hundreds (possibly thousands) of potential buyers online. Another cool option is pre-recording a virtual open house that buyers can access anytime and watch on their own.

Open Houses 341

Open Houses Agents Real Estate Sellers 341

Housing Wire

FEBRUARY 8, 2024

Real estate farming also includes traditional marketing methods like sending direct mailers, knocking on doors and nailing your locally relevant social media presence. Why should I try real estate farming? If you have a marketing need, it’s got the AI-assisted real estate marketing tool for you.

Real Estate 433

Real Estate Tools Agents Real Estate Agent 433

Housing Wire

FEBRUARY 28, 2022

Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. I had one home recently that needed major cosmetic renovations and it ended up get-ting multiple offers, so it is still super competitive here,” she said. Annapolis, Maryland. Provo, Utah.

Housing Market 418

Housing Market Marketing Buyers Agents 418

Housing Wire

FEBRUARY 9, 2021

But what does it mean for you as the buyer? More for Real Estate Enthusiasts. Four renovations to consider before selling your house. Your real estate agent can help if you decide to go this route. Put simply, it’s a risk-mitigating measure. Well, there are two scenarios you could find yourself in.

Appraisal 482

Appraisal Real Estate Agent Real Estate Sellers 482

Cleveland Appraisal Blog

AUGUST 11, 2022

For some homeowners, extensive renovations can present a challenge in terms of time and finances, particularly if you plan to move out of your home soon. Talking to your real estate agent or appraiser is also helpful to get a professional’s point of view. I hope you find her article to be helpful!

Renovations 221

Renovations Buyers Appraisal Investing 221

Appraisal Buzz

JUNE 3, 2024

Many of them are buyers, but they are underwriting deals based on the new interest rate and pricing reality in the market. Many current sellers have begun a renovation but have run out of money prematurely as inflation has caused cost overruns and capital is less available to fund shortfalls.

Investors 195

Investors Marketing Renovations Real Estate 195

Housing Wire

DECEMBER 21, 2023

Benefits can include: No down payment Competitive interest rates No private mortgage insurance (PMI) Limited or no closing costs Funding fee waived for service-connected disabled veterans More favorable credit criteria Loan types There are a number of VA loan options to meet the needs of today’s veteran buyers, including purchase and refinance.

Mortgage 468

Mortgage Renovations Appraisal Process Finance 468

Appraisal Today

JULY 29, 2022

57 Weird Real Estate Agent Photos. Excerpt: Yes, many great real estate photos really capture the house. More Terrible Real Estate Agent Photos for Appraisers. Spiking housing supply & fewer buyers. This is actually about fewer buyers getting into contract. July 25, 2022 .

Real Estate Agent 52

Real Estate Agent Real Estate Appraisal Agents 52

Eppraisal

JUNE 18, 2024

Last week we published a post on the type of renovations one needs to make before selling their 20-25 year old house. If they’re in high demand, renovations might be unnecessary. Conversely, renovations can help if there is little buyer interest.

Renovations 68

Renovations Real Estate Agent Investing Buyers 68