Housing Wire

AUGUST 22, 2024

Sellers keep selling In the first month, nearly 98% of sellers continued to offer compensation to buyer’s agents—some agents even reported an increase in income by clearly defining their fee structure upfront and with each offer. Many who rarely answer phones are responding to calls, texts, and emails.

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Real Estate Realtors Contracts Agents 422

Housing Wire

NOVEMBER 4, 2024

The homes I toured all went under contract within a week of being listed and, so far, at least two have sold for more than $20,000 over asking price. In what I found to be a pleasant surprise, the sellers of the two homes I put offers in on were offering buyer broker compensation. I could have increased my offers.

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Agents Inspection Real Estate Sellers 431

Housing Wire

MAY 21, 2024

While the appraisal is not a guarantee of the final sale price, it can help you understand the fair market value of the home and can assist in making informed decisions during negotiations with the seller. Network with locals Connect with local residents and community members to get insight into the neighborhood.

Real Estate Agent 425

Real Estate Agent Real Estate Inspection Valuation 425

Housing Wire

SEPTEMBER 17, 2024

In the other are sellers who are choosing to advertise the buyer broker compensation they are offering in all allowable channels.” If your listing agreement has a number there and you aren’t disclosing it when your seller said you can, then we have an ethical issue.” It is a seller decision, not an agent decision.”

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Agents Sellers Buyers Realtors 410

Raleigh Realty

FEBRUARY 24, 2022

What Does 'Under Contract' Mean in Real Estate? You've decided to buy a home and whether it's your first home or your tenth you're likely to stumble across homes that are listed as 'under contract' on the real estate listing. Then, you look at the status and that other shoe finally has a chance to drop: it's "under contract."

Contracts 147

Contracts Real Estate Sellers Real Estate Agent 147

Raleigh Realty

JULY 31, 2022

Major Home Inspection Issues and How to Handle Repairs If your home inspection turns up any of these 7 major issues it could be time to negotiate some mandatory fixes with the seller before you proceed with purchasing the home. After a home inspection, issues are going to arise. Structural Issues 1. Plumbing 3.

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Inspection Sellers Real Estate Agent Buyers 148

Housing Wire

DECEMBER 27, 2024

The new rules apply to both appraisal waivers and inspection-based waivers , which leverage property data collected by a trained and vetted professional. Maximum loan-to-value (LTV) for appraisal waivers on home purchases will increase from 80% to 90%, and LTVs for inspection-based appraisal waivers will increase from 80% to 97%.

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Training Appraisal Valuation Inspection 325

Realtor

MAY 17, 2023

While it’s certainly true that you can let go of the anxiety of needing to show your home at any moment, you still need to cooperate with your buyer, the buyer’s agent, and the commitments made in the contract. As a seller, here’s what you need to know about the settlement process.

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Sellers Inspection Contracts Property Taxes 142

Housing Wire

APRIL 13, 2021

Jay Garrett, a loan officer at Supreme Lending ’s McClellan Branch in Austin, said he is seeing 10 to 40 offers on houses no matter where they are in Austin, and cash offers are winning the day because sellers don’t want to have to worry about the house appraising too low for someone who needs financing. “If

Housing Market 535

Housing Market Buyers Marketing Real Estate Agent 535

Housing Wire

SEPTEMBER 9, 2020

Another critical element, according to agents, is not to make the deals contingent upon things like inspections and not to “nickel and dime” the seller. For our seller-clients, we were counseling them on how the buyers waive appraisals or waive mortgage contingencies,” Cordano said. To win, waive those contingencies goodbye.

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Agents Marketing Clients Buyers 501

Housing Wire

JUNE 24, 2021

If the all-cash offer wins, the home is purchased from the seller and reserved until the loan is ready to close. The all-cash contract signed between Accept.inc and the seller is still contingent on a satisfactory inspection that can be negotiated between the buyer and agent.

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Sellers Buyers Investors Inspection 336

Appraisal Buzz

JULY 23, 2024

of all homes under contract, being canceled in that month alone. of the residences that were under contract in that month. of homes that went under contract. of homes that went under contract. The share of pending sales that fell out of contract, as % of overall pending sales was 14.9%, representing a 0.3

Buyers 396

Buyers Contracts HOA Property Taxes 396

The Robert Weiler Company

JANUARY 2, 2021

In real estate, buyers and sellers must be knowledgeable to make informed decisions. Are you familiar with a land contract in Ohio, as well as the state-specific requirements? What is a land contract in Ohio, really? Essentially, a land contract is an alternative financing option if you’re investing in: Farmland or raw land.

Contracts 143

Contracts Tenants Legal Sellers 143

Housing Wire

NOVEMBER 1, 2024

Real estate agents and real estate brokers are both licensed real estate professionals who can assist buyers and sellers, but you should be aware of some key differences and state-specific distinctions. A real estate agent is a licensed professional who represents buyers or sellers in real estate transactions. Let’s dive in!

Real Estate 445

Real Estate Real Estate Agent Agents Brokerage 445

Housing Wire

JULY 26, 2024

The majority of real estate sales fall under this category and usually employ a buyer’s and seller’s agent who negotiate on behalf of their respective parties. In a controlled transaction there is an established relationship between the buyer and seller. However, it might save both parties money on Realtor fees.

Market Value 398

Market Value Real Estate Agent Real Estate Finance 398

Housing Wire

JULY 12, 2022

Luke Tomaszewski, an appraiser doing home inspections in the aftermath of the housing bust, was traveling as much as an hour across Chicago just to snap exterior photos of bank-owned properties. At $50 to $100 per inspection, according to ProxyPics, it’s certainly less expensive than sending an appraiser. An offer comes in at 5 p.m.

Appraisal 432

Appraisal Inspection Real Estate Agent Training 432

Realtor

JULY 13, 2021

In our current seller’s market, the national inventory of active listings is down 43.1% They’re making sky-high offers and writing heartfelt letters to sellers about why they should get the house. The provisions of a contingency contract are there to protect buyers and sellers. Home inspection.

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Inspection Real Estate Agent Real Estate Buyers 203

Realtor

OCTOBER 29, 2020

These are the most common contingencies that are part of your new home closing process: Home inspection contingency: This gives buyers the right to have the home professionally inspected. It’s rarely advisable to waive an inspection contingency. A copy of your contract with the seller. Clear the title.

Buyers 208

Buyers Inspection Contracts Real Estate Agent 208

Housing Wire

JUNE 28, 2024

Buyers are still buying and sellers are still selling. There is nothing there right now that really scares us; buyers just have the opportunity to be a bit more sensible with their offers and don’t have to worry about waiving inspections or financing contingencies, which is a good thing.” in early March to 25, 20 and 11 in late June.

Housing Market 354

Housing Market Marketing Inventory Buyers 354

Housing Wire

JANUARY 19, 2023

Available home inventory has remained low since the previous Federal Reserve Beige Book report, which was released in November 2022, as many sellers decided not to list — affecting the New York and Boston districts in particular. Brokers noted that the softer market is (slowly) shifting back toward a balance between buyer and seller.

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Inventory Housing Market Marketing Construction 410

D Fritz Appraisals

AUGUST 12, 2019

What’s the Difference Between a Home Inspection and a Home Appraisal? If you’re in the market for a new home, the terms “home appraisal” and “home inspection” are more than likely to come up at some point as you zero in on a property you want to buy. What Is a Home Inspection? What Is a Home Appraisal?

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Inspection Appraisal Property Appraisal Real Estate 96

Housing Wire

OCTOBER 16, 2023

Not to mention the current mortgage rates at decades-high levels as well as sellers who are locked in with pandemic low rates. This approach is negotiated in the contract; it’s a seller concession to the buyer for a set amount. Sellers are even using this as a tool to attract buyers. It never will be.

Agents 414

Agents Buyers Sellers Inventory 414

Housing Wire

OCTOBER 1, 2022

Notably, the market has contracted as fewer buyers can afford to purchase in today’s market with the rise in interest rates and the continual rise in home prices. However, in many areas of the country it does remain a seller’s market. In comparison, in 2011, homes took 96 days to sell. .

Realtors 402

Realtors Housing Market Marketing Buyers 402

Housing Wire

JULY 8, 2024

These sellers were on the market with another agent before and could not sell. This simple real estate script generates the best results because it acknowledges the sellers’ feelings and piques their interest: Hi. One of my favorite seller clients was a FSBO who I became friends with. This is [name] with [brokerage].

Real Estate 376

Real Estate Business Agents Sellers 376

Raleigh Realty

AUGUST 17, 2021

Understanding Due Diligence and Earnest Money in North Carolina Real Estate When you go under contract on a home in North Carolina you are going to encounter terms like Due Diligence and Earnest Money. It's important to note that real estate contracts and laws change depending on what state you are in. Due Diligence: What Is it?

Real Estate 148

Real Estate Real Estate Agent Contracts Inspection 148

Listing Spark

JANUARY 5, 2025

Start with a home seller’s checklist to ensure you are organized and prepared. Here is a great net sheet by Stewart Title for sellers to calculate listing expenses. Here is a great net sheet by Stewart Title for sellers to calculate listing expenses. Really look into the neighborhood market activity.

Sellers 69

Sellers HOA Real Estate Agent Contracts 69

Eppraisal

OCTOBER 26, 2021

Buyers are pulling many different strings in order for their offers to be accepted including offering sellers significantly above list prices. They are also offering to meet the sellers' closing dates or to purchase the homes "as is." Some are waiving appraisals and others are even offering to waive inspection contingencies.

Inspection 69

Inspection Buyers Real Estate Agent Contracts 69

Raleigh Realty

MARCH 31, 2021

In every market though, things happen where homes that are under the contract may not reach the closing table and the contingency clause usually protects the buyer and sometimes the seller in the event the parties decide to terminate. The seller does not have the ability to accept another offer.

Real Estate 148

Real Estate Sellers Contracts Buyers 148

Cleveland Appraisal Blog

MAY 27, 2021

Right now, in many contracts, buyers state that they will not pay more than a certain about over the appraised value of a home. Imagine if the appraiser just magically hit the contract price when there was really no support for doing so. An open letter to home sellers in a crazy market – Sacramento Appraisal Blog.

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Market Value Appraisal Buyers Marketing 418

GoForrmz

JANUARY 7, 2025

Prospective tenants, sellers, and brokers expect quick responses and seamless interactions. Whether youre handling rental agreements, lease renewals, or sales contracts, the ability to manage these forms digitally accelerates every step of the process. Benefits of Mobile Forms in Real Estate Mobility is a game-changer in real estate.

Real Estate 148

Real Estate Tenants Property Management Clients 148

Eppraisal

AUGUST 19, 2022

Home buyers almost always have a professional home inspection performed by a licensed inspection company when they purchase a home. However, it is not a bad idea for sellers to have a home inspection, or pre-listing home inspection, performed as well. This way, you will have fewer negotiations with your buyer.

Inspection 68

Inspection Sellers Advertising Home Value 68

Genworth MI Blog

AUGUST 31, 2022

Enact’s David Foster recently spoke with MortgageOrb about how the COVID-19 pandemic impacted inspections and appraisals, the changes we see today, and other appraisal factors to consider. Q: How have inspections and appraisals been impacted since the beginning of the COVID-19 pandemic?

Inspection 78

Inspection Appraisal Marketing Appraisal Process 78

D Fritz Appraisals

AUGUST 11, 2022

Even with a trusted real estate professional on your side, you should always choose to get a professional inspection and appraisal of the home to give you peace of mind during the process. . Get pre-approved for a mortgage to show the current owner/seller you can afford to finance the home. Both parties sign the contract.

Real Estate Agent 122

Real Estate Agent Inspection Real Estate Sellers 122

Birmingham Appraisal

FEBRUARY 28, 2023

Homeowners, Don’t Make These Appraisal Mistakes When Selling Your Home As a real estate appraiser, I have seen many mistakes that sellers make during the appraisal process. These mistakes can significantly impact the value of a property and even lead to an appraisal being lower than the contract price.

Sellers 85

Sellers Real Estate Appraisal Appraisal Process 85

Cleveland Appraisal Blog

AUGUST 11, 2022

Therefore, you don’t have to fix or account for any issues that might be discovered in a professional home inspection issued by the buyer. The type and range of information you have to provide in the seller’s property disclosure will, of course, depend on the legal regulations of the state where you have the property.

Renovations 221

Renovations Buyers Appraisal Investing 221

Empire Appraisal Group

MARCH 16, 2023

NEWS & MEDIA sorbetto / Getty Images Source: Hard Convincing Sellers Not to Overprice? Use Data | Florida Realtors Hard Convincing Sellers Not to Overprice? Use Data By Jennifer Warner Florida Realtors economist : Many sellers today plan to overprice their home, but overpricing isn’t new. ORLANDO, Fla.

Sellers 78

Sellers Inventory Realtors Clients 78

Will Springer Realtor

MAY 2, 2023

They have safeguards built in to written agreements such as a purchase contract on a home. These are known as contingencies, or conditions, that require the buyer or seller to take an action or possibly a non-action as part of the overall agreement. More on home inspections.) More on home inspections.) More on appraisals.)

Contracts 58

Contracts Buyers HOA Inspection 58