Housing Wire

FEBRUARY 24, 2021

Successful agents, brokerages and loan officers of the future are going to rely significantly on technology to find, nurture and engage with buyers and sellers while also playing an expanding role as personal advisors in all things related to mortgage, insurance, moving, renovating and new home transitioning.

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Real Estate Agent Real Estate Agents Loan Officers 260

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.

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Real Estate Agent Tenants Real Estate Agents 386

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.”

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Mortgage Real Estate Agent Renovations Finance 489

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.

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Real Estate Agents Marketing Sellers 447

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.

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Real Estate Appraisal Agents Inspection 464

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.

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Retail Buyers Renovations Finance 419

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.

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Appraisal Real Estate Agent Real Estate Sellers 482

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.

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Investors Renovations Inspection Government 407

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.

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Real Estate Agents Real Estate Agent Decorating 357

Housing Wire

JANUARY 26, 2021

Inspections, on the other hand, are designed to assess the condition of the home, and they’re 100% optional for the buyer. While it can certainly be tempting — especially with the high costs most buyers already face — it’s usually a grave mistake (and sometimes a costly one, too). Were those recent renovations done up to local code?

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Inspection Real Estate Agent Real Estate Investing 397

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.

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Marketing Real Estate Agent Clients Tools 392

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.

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Mortgage Real Estate Agent Real Estate Renovations 309

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!

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Real Estate Open Houses Brokerage Real Estate Agent 356

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.

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Housing Market Marketing Buyers Agents 361

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.

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Sellers Real Estate Agents Clients 363

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.

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Real Estate Technology Business Real Estate Agent 244

Housing Wire

JULY 6, 2023

One source of added inventory is the fix and flip industry , which is expected to acquire and renovate some 350,000 homes in 2023, according to Kurt Carlton, president of New Western , a private real estate investment marketplace. fix-and-flippers] who are willing to sell to a first-time buyer,” he said.

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Inventory Renovations Real Estate Government 469

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.

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Mortgage Renovations Appraisal Process Finance 453

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.

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Real Estate Agent Real Estate Buyers Agents 87

Cleveland Appraisal Blog

SEPTEMBER 3, 2021

In most parts of the country, real estate appraiser’s main source of data is the multiple listing service. MLS) We use it to find homes that are comparable to the ones we are valuing, to determine what buyers are paying for similar homes. Real estate agents are typically the individuals who provide information in the MLS.

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Agents Appraisal Renovations Development 373

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.

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Real Estate Tools Agents Real Estate Agent 331

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.

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Renovations Marketing Real Estate Agent Sellers 96

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. Agents who prefer face-to-face prospecting and who want a reason to reach out to their networks with an invitation.

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Real Estate Open Houses Agents Sellers 439

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.

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Real Estate Agent Real Estate Agents Appraisal 97

Birmingham Appraisal

MAY 1, 2024

Home Renovations and Appraisal Value As an appraiser, I get asked about how much value will be added for different types of home projects or renovations. The best way to look at home renovations is by considering the overall impact they will have on your home. Updates or Renovations?

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Renovations Appraisal Real Estate Agent Construction 86

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!

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Renovations Buyers Appraisal Investing 221

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.

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Appraisal Process Buyers Appraisal Legal 147

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.

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Real Estate Agent Real Estate Agents Appraisal 82

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.

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Open Houses Agents Real Estate Sellers 271

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.

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Real Estate Agent Law Real Estate Bracketing 91

Appraisal Today

SEPTEMBER 6, 2024

Newz: Disturbing AMC Violations, Appraiser and Real Estate Agent Communication September 6, 2024 What’s in This Newsletter (In Order, Scroll Down) Top 10 Things Appraisers Wish Real Estate Agents Understood Divorce Appraisal Red Flags Carmel’s Iconic and Artistic ‘Owl House’ $3,750,000 Housing Market Update: August 2024 Please!

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Real Estate Agent Real Estate Appraisal Agents 85

Cleveland Appraisal Blog

APRIL 21, 2022

Often personal ideas of value are different than market value because the value is in the eyes of the beholder, which does not account for the entire market of potential buyers. Market value, therefore, considers the entire pool of potential buyers of homes that are similar to, and that compete with the property being appraised.

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Market Value Appraisal Agents Real Estate Agent 350

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.

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Renovations Investing Modernization Real Estate 84

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.

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Marketing Real Estate Agent Renovations Buyers 150

Housing Wire

APRIL 25, 2024

Think of it as another concierge service to offer your buyers to help you stand out. The Houzz app is an excellent tool to add to your suite of buyer services, helping you stand apart as a professional home consultant–not just an agent.

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Real Estate Agents Open Houses Tools 360

Cleveland Appraisal Blog

MARCH 30, 2021

So many visitors have stopped by over the years, that they renovated the area to make it more visitor friendly, with better parking and a nicer observation area. TODAY’S HOME BUYERS ARE LIKE THE CARP. This year, it appears that buyer panic is even worse than last year. So, buyers, hang in there and shop carefully.

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Housing Market Marketing Reconsideration of Value Contracts 367

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.

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Real Estate Agent Real Estate Agents Appraisal 75