Housing Wire

MARCH 15, 2024

Mortgage pros have closely monitored the commission lawsuit developments since a Kansas City, Missouri jury determined that NAR, HomeServices of America , and Keller Williams conspired to inflate or maintain high commission rates through NAR’s so-called Participation Rule.

Buyers 514

Buyers Agents Mortgage Real Estate Agent 514

Housing Wire

NOVEMBER 29, 2023

Snatching up first-time homebuyers is akin to striking gold — since developing a relationship with them can mean a loyal client for life. Regular communication keeps you top-of-mind when clients are ready to make a move. Of course, you can’t do everything — but consistency is important.

Real Estate 435

Real Estate Buyers Tools Real Estate Agent 435

McKissock

AUGUST 13, 2021

Why must an appraiser be given a copy of the sales contract? Secondly, the appraiser is likely familiar with the local real estate contract forms, customary terms, and conditions of real estate transactions in the area, and might be able to identify irregularities and comment on them. When should we analyze the contract?

Contracts 64

Contracts Appraisal Market Value Real Estate 64

Housing Wire

SEPTEMBER 7, 2023

Probably about 60 to 70% of our business comes from referrals from our previous clients,” Chris Gallo, a top producing LO in New Jersey, said. Attorneys, Realtors and clients are a big part of our repeat business.” Finding reliable lending partners takes time and some trial and error, but once established is often the lifeblood of LOs.

Buyers 418

Buyers Agents Loan Officers Real Estate 418

McKissock

SEPTEMBER 20, 2021

Real estate agents are commonly sued for breaching their duty to act in the best interests of their client. To protect your clients’ interests, and reduce your own risk exposure, check out our highly-rated course, Know the Code: Your Guide to the Code of Ethics. Real estate risk management is an important concern for agents.

Real Estate 58

Real Estate Clients Real Estate Agent Realtors 58

Housing Wire

FEBRUARY 7, 2023

It essentially allows qualified buyers with a government loan to purchase a home by assuming responsibility for the sellers’ mortgage terms, including the current balance and interest rate. It also allows home sellers to receive top dollar for the home, he said. The product, known as an assumable mortgage, is not new.

Mortgage 397

Mortgage Loan Officers Government Buyers 397

Housing Wire

NOVEMBER 3, 2023

The lawsuit, which was originally filed in 2019 and won class-action status in April, alleges that some NAR rules, including one that requires listing brokers to offer buyer brokers a commission to list a property in a Realtor-affiliated MLS, violate the Sherman Antitrust Act by inflating seller costs.

Real Estate 345

Real Estate Brokerage Buyers Property Management 345

McKissock

OCTOBER 28, 2020

Slow periods can provide you with significant opportunities to improve your marketability, expand your client base, and grow as a real estate salesperson. If sales are slow, one of the best things you can spend your time on is networking to get new clients into your pipeline. Develop new marketing skills. Further your education.

Real Estate 84

Real Estate Real Estate Agent Development Agents 84

Birmingham Appraisal

SEPTEMBER 26, 2023

Some people will say that it is market value because you have a willing buyer and a willing seller. For sellers, this can be appealing, as it may justify a higher asking price. Including an exceptionally high sale in an area with mainly moderate values can give a false impression of what typical buyers and sellers can expect.

Real Estate Agent 89

Real Estate Agent Real Estate Clients Agents 89

Cleveland Appraisal Blog

OCTOBER 14, 2021

Recently, some of my well-intentioned clients have asked if it is possible to appraise a home, based upon a “normal market”. On many of my appraisals at that time, my opinion of value would not support the contract price. Don’t drink the Kool-Aid that any contract price is reflective of market value. Pretty cool!

Inventory 243

Inventory Market Value Appraisal Contracts 243

Birmingham Appraisal

FEBRUARY 20, 2024

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. It’s important to understand that collaboration does not mean that both parties must work together so that the deal closes at the contract price no matter what.

Agents 89

Agents Appraisal Real Estate Agent Bracketing 89

Housing Wire

FEBRUARY 26, 2024

Whether you’re looking to build a custom website, launch effective email campaigns, enhance your social media presence or manage your client communications more effectively, these real estate marketing companies can help you do it. per month plus $249.95 setup fee Jump to Details ↓ Visit iNCOM Best for direct mail marketing ProspectsPLUS!

Real Estate 448

Real Estate Business Real Estate Agent Marketing 448

Housing Wire

AUGUST 23, 2023

According to Garg, the company has developed a one-day mortgage product that provides a commitment letter within 24 hours. When asked how relevant this business will be, Garg refers to Amazon , a company that drives two-thirds of its sales from third-party sellers. “We ” And what is Better.com best at? We aim for a similar mix.”

Realtors 370

Realtors Technology Insurance Mortgage 370

Birmingham Appraisal

JUNE 1, 2022

Granted, the job of a real estate agent is to get the highest price for their client, but they must still live in the real world by studying historical sales trends. This may not be easy to see since we are in a seller’s market, however, as interest rates continue to rise it will become more apparent.

Agents 52

Agents Marketing Contracts Inventory 52

Will Springer Realtor

JULY 20, 2021

Gone are the days of buyers and sellers walking into a real estate office to pore over books filled with the latest MLS listings, review typed contracts in triplicate and take in the smell of singed facsimile paper in the air. Save the receipts, complete some paperwork with your broker, and sellers simply repay the costs to John L.

Real Estate 36

Real Estate Sellers Contracts Buyers 36

McKissock

JANUARY 18, 2022

Schaechterle suggests that part of developing trust is by setting up clear expectations for a new home buyer. They are honest about what the client can afford, and they are willing to go to bat for them. The majority of respondents on this NAR report said they valued honesty and trustworthiness above all else. Answer Questions.

Real Estate Agent 96

Real Estate Agent Real Estate Agents Buyers 96

Raleigh Realty

FEBRUARY 19, 2022

It also helps new agents understand the real estate digital tools available to them, how to build a Web presence, and the various ways to share their information both organically and socially, to generate online interest and potentially bring in new clients and referral partners too. Do read the fine print about canceling the contract.

Real Estate 158

Real Estate Realtors Real Estate Agent Agents 158

Birmingham Appraisal

SEPTEMBER 15, 2022

Appraisers develop an opinion of value for the subject property for various reasons including mortgage underwriting. Some examples of this are buyers purchasing a home, owners refinancing a home, and clients who are building a home. Other users might be sellers, mortgage underwriting, banks, and contractors.

Appraisal 93

Appraisal Inspection Appraisal Process Real Estate Agent 93

Eppraisal

NOVEMBER 2, 2021

Working with buyers requires a different skill-set than working with sellers. A sellers agent's job is to market and sell a client's home. According to the NAR, "The ABR® designation is for real estate buyer agents who focus on working directly with buyer-clients at every stage of the home-buying process."

Buyers 36

Buyers Agents Real Estate Agent Real Estate 36

Eppraisal

MARCH 13, 2021

Exclusive Buyer Broker Services A buyer's broker has a fiduciary responsibility to his clients. Explain documents such as contracts and disclosures. * Explain documents such as contracts and disclosures. * It's a contract with terms that both you and your buyer's broker must fulfill. Help you arrange inspections.

Buyers 36

Buyers Brokerage Contracts Home Value 36

Housing Wire

JANUARY 12, 2024

What’s the secret to nurturing leads and turning them into loyal clients? As your real estate business expands, nurturing your growing client base inevitably leads to a need for improved communication. The RealGeeks CRM was developed using industry research and customer feedback.

Real Estate 476

Real Estate Real Estate Agent Tools Agents 476

Empire Appraisal Group

JULY 1, 2021

Don’t tell the appraiser your client needs a certain value, for example. The appraiser has a scope of work for every lender client, which differs depending on the mortgage product, said Bradley. Don’t advise your seller to accept one offer over another just because you think there’s going to be a difference in repairs,” she added.

Agents 78

Agents Appraisal Real Estate Realtors 78

Housing Wire

MARCH 28, 2024

In fact, if you were to describe the home-buying experience solely upon the things we see in advertisements, the home-buying process would end with the sales contract, and all parties would merrily proceed directly to the handing over of the keys. However, the settlement process varies from client to client, location to location.

HOA 488

HOA Property Management Real Estate Agent Technology 488

Listing Spark

JULY 21, 2023

After all, you can then search for homes on the MLS, negotiate contracts without a real estate agent (or expensive commission), and then list it back on the MLS. When you hire a listing agent as a home seller, they create the listing on the MLS. Instead, house purchases are conducted on the standard contract forms developed by TREC.

Real Estate 36

Real Estate Real Estate Agent Agents Investors 36

Housing Wire

NOVEMBER 9, 2023

Contact both people you already know as well as those you don’t know People you know are past clients, people in your sphere of influence and real estate agent referrals. Don’t get mad when another agent lists your past client if you’re not making the effort. People you don’t know are everyone else.

Real Estate Agent 435

Real Estate Agent Real Estate Agents Open Houses 435

Appraisal Today

JUNE 23, 2023

By collaborating with appraisers, accountants can provide clients with comprehensive financial guidance, ensure compliance with legal and tax requirements, and strengthen their overall professional services. Fannie has been upfront about its interest in developing appraisal “alternatives.” The problem? percent from 6.77 percent from 6.79

Appraisal 89

Appraisal Real Estate Valuation Contracts 89

Town & Country Residential Appraisals

DECEMBER 16, 2019

This allows us to reach out to the lender and ask for what the agent used to assist their client in pricing/making an offer on the home in question (most lenders discourage this in any other transaction). They tell, “How much do sellers want,” but not the other half of the story, “how much are buyers willing to pay.”

Bracketing 36

Bracketing Contracts Real Estate Agent Agents 36

Appraisal Today

JULY 1, 2023

When I started fee appraising in 1986, my first client was a small local bank with a few nearby branches. These resources supplement the initial documentation that was released in March 2023 to kick off industry development and preparation for the new appraisal dataset and report. Network to build relationships. Simply ask around!

Appraisal 88

Appraisal Contracts Market Value Mortgage 88

Appraisal Today

DECEMBER 2, 2022

Counseling buyers, sellers, owners, and tenants on inspections and remediations, improvements, and the appraisal process. Counseling buyers, sellers, owners, and tenants about listing and offering prices, and market rent. After graduation he worked for USAA in Real Estate Development. Appraisers are real estate reporters.

Appraisal 83

Appraisal Agents Real Estate Real Estate Agent 83

Housing Wire

NOVEMBER 22, 2023

In fact, if you were to describe the home buying experience solely upon the things we see in advertisements, the process would end with the sales contract and all parties would merrily proceed directly to the handing over of the keys. However, the settlement process varies from client to client, location to location.

HOA 459

HOA Real Estate Agent Technology Real Estate 459

PennyMac

JULY 20, 2021

New agents can also often deliver high quality, personalized service as a result of having fewer clients. Find an agent who really understands the different contracts you need and how to properly fill them out, the legal obligations you’ll run into, and the financial side of the business. What percentage of your clients are buyers?

Real Estate Agent 69

Real Estate Agent Real Estate Agents Sellers 69

Listing Spark

SEPTEMBER 4, 2023

The information you will be asked to provide includes: Images or video files of the property Details about the property, such as the bedroom and bathroom count, square footage, and features Documents such as your Seller’s Disclosure form, any proof of maintenance or renovations you want prospective buyers to see, etc.

Agents 36

Agents Real Estate Tools Buyers 36

The Robert Weiler Company

OCTOBER 15, 2021

Another mistake – perhaps one of the more obvious (and, consequently, most detrimental) mistakes – is contracting the commercial property for sale in your personal name. As such, investors must verify the seller, financials, and property obligations (i.e., retirement accounts) can be included as fair game in a lawsuit.

Investing 138

Investing Real Estate Tenants Investors 138

Housing Wire

DECEMBER 27, 2023

“I always joke that we work in an industry that literally researches the past, and because of that, sometimes, I feel like our marketing, sales, and technology live there too,” Sam Trimble, vice president of strategic growth and development at Fidelity National Financial , said. Not only did it take a lot of time, but it cost a lot of money.

Technology 468

Technology Business Insurance Development 468

Lamacchia Realty

JUNE 18, 2021

ARE YOU A WANT-TO-BE-SELLER IN 2021? This means NOW is a great time to list to take advantage of motivated buyers before other sellers start to saturate the market. Ask for testimonials of other sell/buy clients so you know they have handled these situations before. Are you searching for a home but cannot seem to find it?

Sellers 61

Sellers Realty Buyers Realtors 61

Cleveland Appraisal Blog

MARCH 30, 2021

Within the past couple of weeks, I have appraised several properties for purchases, where my opinion of the market value of these homes was significantly below the contract price. When an appraiser’s opinion of value is below the contract price, that’s when the carping begins. There is just not much out there to buy.

Housing Market 367

Housing Market Marketing Reconsideration of Value Contracts 367

Appraisal Buzz

JUNE 20, 2022

Borrowers, sellers, and real estate agents are seeking to lay blame for failed real estate transactions and often target the appraiser as the villain. This might include assignment conditions, contracts, leases, income and expense data, subject property descriptions, and builder’s cost information.

Appraisal 417

Appraisal Modernization Property Appraisal Real Property 417