Housing Wire

JANUARY 31, 2025

Continuously refer back to the exam topics. It protects you from potential legal claims that a mistake on your part caused someone financial harm. E&O insurance covers losses your client may experience, but can also help you and your business by paying legal expenses and managing claims.

Real Estate 338

Real Estate Brokerage Insurance Legal 338

Housing Wire

MARCH 29, 2024

CMLS goes on to argue that the court should evaluate the settlement agreement proposed by the plaintiffs and MLS PIN without any reference to the DOJ’s statement of interest. Prohibiting offers of compensation from brokers and sellers is a drastic imposition of MLS regulation on legal activities of listing brokers and sellers.

Sellers 459

Sellers Real Estate Buyers Contracts 459

Housing Wire

JULY 26, 2024

Selling your home to a family member is called a controlled transaction, while selling your home on the open market is referred to as an arm’s length transaction. However, an agent can help suggest a fair market value, draw up contracts, review documents, and ensure state-required protocols are followed.

Market Value 459

Market Value Real Estate Agent Real Estate Finance 459

Housing Wire

AUGUST 13, 2024

So, you need to have the conversation again at the time of making the offer and then again when the contract comes back. They’re already negotiating how long a contract lasts or whether a seller can move in early, or whether appliances can be included in the deal, said Sharran Srivatsaa , the president of The Real Brokerage.

Clients 482

Clients Agents Buyers Sellers 482

Housing Wire

MAY 10, 2024

Additionally, the board also voted to change Article 4’s first standard of practice, which currently reads: “For the protection of all parties, the disclosures required by Article 4 shall be in writing and provided by Realtors prior to the signing of any contract.” represent themselves 2. represent a member of their immediate family 3.

Realtors 397

Realtors Finance Agents Legal 397

Housing Wire

JUNE 26, 2024

My wife and I have worked with the same real estate agent to buy and sell several homes, and we’ve referred her to help more than a dozen friends with their home transactions. In my career as an attorney, I’ve seen how legal disputes can sink relationships fast and forever. He can be reached at rich.lee@neweraadr.com.

Real Estate 302

Real Estate Legal Law Agents 302

Appraisal Buzz

AUGUST 1, 2022

As a minimum basis, a real property appraisal report written for the government sponsored entities (GSEs) and agencies are what USPAP (Uniform Standards of Professional Appraisal Practice) refers to as Appraisal Reports. When reading contracts, words will always have their ordinary meaning unless defined otherwise. adjective.

Valuation 360

Valuation Appraisal Contracts Legal 360

Housing Wire

MAY 27, 2022

Potter was recently promoted after serving as head of legal and capital markets and is a thought leader in the industry, regularly sharing his insights on how the industry can move forward through the power of innovation. I continue to refer to this as the best piece of advice I have ever received because it reflects two key values.

Modernization 397

Modernization Legal Contracts Mortgage 397

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

Housing Wire

NOVEMBER 17, 2023

In the video cited, Blefari discusses commission negotiation with trainees, stating: “[W]hen homesellers saw that I had written a 6% commission into the contract, and would ask, ‘Gino, but aren’t commissions negotiable?’ I would always answer, ‘Yes, commissions are negotiable, but I can only go up from six.’”

Training 448

Training Realtors Agents Real Estate 448

Housing Wire

AUGUST 14, 2024

Saphire, who like Harvey only lists properties on the MLS, but also offers additional al a carte services such as contract review, transaction coordination and negotiation coaching for additional fees, has also adjusted how he is educating sellers on offering commissions to buy-side agents.

Agents 448

Agents Sellers Buyers Contracts 448

Housing Wire

DECEMBER 26, 2023

Before you dive in, it’s important to know that in North Carolina, all beginning real estate agents are referred to as provisional brokers. And the school’s practice tests, contract workshops, and other tools are designed to ensure confidence as you begin your career. Primarily video with some light reading, activities & quizzes.

Real Estate 448

Real Estate Real Estate Agent Design Law 448

Housing Wire

DECEMBER 20, 2023

I’m feeling the pressure to cut my pay, because when I do it, and my agent partners, they see that I do that, and then they’ll tell people they refer to me. It’s the ultimate in legalized fraud. Ciardelli says he asked about the bucket pricing game and attorneys all told him no, it’s not legal, he said. “I’ll

Loan Officers 482

Loan Officers Clients Law Legal 482

Housing Wire

DECEMBER 29, 2021

Caballero does not have to guide these corporate clients through the legal and administrative work — and emotional heft — of selling a home. HousingWire : Now, at the point of contract where an agent or consumer sees a home entered by HomesUSA, what happens next? But what you’re referring to would be a business to consumer business.

Realtors 417

Realtors Real Estate Agent Agents Real Estate 417

Housing Wire

FEBRUARY 27, 2024

Due to how HomeServices and its affiliates handle their client contracts, if a dispute arises, each client is entitled to individual arbitration of their claims. HomeServices of America, along with its Berkshire Hathaway subsidiary Long & Foster , filed motions to strike the class-action allegations in favor of arbitration.

Realty 448

Realty Real Estate Law Brokerage 448

Appraisal Buzz

APRIL 15, 2024

In their software, appraisers have historical files that they may want to refer to, they have extensive template language already developed, and frankly they’re just used to it. Reports in the new standard, will be dynamic, expanding and contracting, based on the scope of work for that appraisal assignment.

Appraisal 397

Appraisal Design Lending Technology 397

Housing Wire

OCTOBER 22, 2023

You’ll need to enroll in and complete the following TREC-approved, qualifying real estate courses: Principles of Real Estate I Principles of Real Estate II Law of Agency Law of Contracts Promulgated Contract Forms Real Estate Finance Each course is 30 classroom hours, for a total of 180 hours.

Real Estate 435

Real Estate Real Estate Agent Agents Brokerage 435

Housing Wire

NOVEMBER 3, 2023

Right now, the first suit to go to trial should be the Sitzer lawsuit (named after its lead plaintiff), which was scheduled to begin on February 21, 2023, but at the request of Anywhere (referred to as Realogy in all court filings), it has been postponed indefinitely, as reported by Real Estate Reporter Brooklee Han. Judge Stephen R.

Real Estate 345

Real Estate Brokerage Property Management Buyers 345

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

Padove Appraisal Service

FEBRUARY 27, 2023

Be sure to ask for references and review their qualifications and credentials before hiring an appraiser. This letter is also referred to as an appraisal contract, or appraisal agreement. Many appraisers’ professional experiences are limited to mortgage appraisals.

Appraisal 145

Appraisal Real Estate Real Estate Agent Appraisal Process 145

Raleigh Realty

MARCH 23, 2021

And while that may be enticing, there are many other costs and legal repercussions that are associated with selling a home that will be the full responsibility of the seller if a real estate agent is not involved. What Real Estate Contract do I Use When Selling For Sale By Owner?

Real Estate Agent 133

Real Estate Agent Real Estate Realtors Contracts 133

Miller Samuel

MARCH 19, 2019

This position seems to be derived from one of only two references cited in the FPI white paper , a fun New York Magazine cover story by Andrew Rice. Because a white paper with only two reference citations, one of which was a magazine article on a small niche of super-tall buildings, was the basis.

Real Estate 370

Real Estate Law Development Investors 370

Lamacchia Realty

MAY 6, 2024

This agreement is a binding contract that outlines the rights and obligations of the buyer and seller during the whole buying process. Their job is to pay close attention to every detail to make sure the agreement i ncludes all the legal requirements. This search determines if the seller has the legal right to sell the property.

Real Estate 74

Real Estate Legal Law Contracts 74

Housing Wire

NOVEMBER 30, 2023

You’ll also want a sponsoring real estate brokerage that offers administrative support, including inputting MLS information, helping with contract follow-up, and handling other office tasks. If you are licensed in a reciprocal state but have already moved to Ohio, you will need to apply with the Salesperson License Examination Application.

Real Estate 459

Real Estate Real Estate Agent Brokerage Agents 459

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. How Are Real Estate Appraisals Related to Estate Planning?

Real Estate 133

Real Estate Appraisal Legal Valuation 133

Appraisal Today

FEBRUARY 28, 2025

Real estate appraising is a complex practice that requires a diverse range of skills and knowledge, from understanding current market conditions to understanding and interpreting complex legal and financial documents. I was unable to refer wannabes to professional associations as they only wanted classes for members, not for new appraiser.

Appraisal 55

Appraisal Real Estate Contracts Training 55

GoForrmz

FEBRUARY 20, 2024

Your data is secure with GoFormz In an era where data is often referred to as the new gold, businesses are becoming increasingly concerned about the safety and security of their sensitive information. For example, an HR representative can send a hiring contract to a new employee, who can then fill it out and complete it digitally.

Legal 78

Legal Law Contracts Business 78

GoForrmz

JANUARY 17, 2023

This can include information like pictures, time and date stamps, and even additional spreadsheets or reference notes from client emails. When it comes to forms that require legally binding signatures, such as contracts or payment agreements, make sure that your form provider offers E-SIGN Act-compliant digital signature capture.

Business 146

Business Legal Clients Inventory 146

The Robert Weiler Company

APRIL 20, 2021

The appraiser must refer to the company’s past net earnings performance and process that figure by capitalizing this number to a present value. Sometimes referred to as Seller’s Discretionary Earnings, or SDE, this number is principally used to show your business’s earning potential with a new owner. Refer to your business plan.

Valuation 147

Valuation Business Buyers Market Value 147

Hank Miller Team

OCTOBER 24, 2023

Real estate contracts occasionally collapse due to Buyer problems, but what if the Seller bails out? What used to be infrequent is becoming more common; Sellers backing out of contracts. There are two options; recover the earnest money and move on, or sue the Seller for specific performance; make them close per the contract terms.

Sellers 52

Sellers Buyers Contracts Legal 52

D Fritz Appraisals

AUGUST 12, 2019

Sometimes referred to as a property appraisal or a real estate appraisal, a home or house appraisal is a third-party report written by a professional appraiser that is meant to inform you and your mortgage lender on the monetary value of the property you are looking at buying. What Is a Home Appraisal? What Is a Home Inspection?

Inspection 98

Inspection Appraisal Property Appraisal Real Estate 98

The Robert Weiler Company

MARCH 29, 2023

Also, you can sometimes obtain maintenance services at a discounted rate when the work is contracted through the property management company. Reduce legal concerns. Can you provide any references? Is there a fee for early termination of the property manager company contract? What is their pricing breakdown?

Property Management 78

Property Management Tenants Real Estate Investors 78

McKissock

DECEMBER 24, 2021

Your written review report will likely be a reference point for the attorney(s) during cross-examination, and the scope of work might involve a deposition or court testimony. Failure to comply with these regulations can legally impact the reviewer and the client, sometimes resulting in hefty fines.

Clients 73

Clients Appraisal Government Law 73

The Robert Weiler Company

APRIL 15, 2022

A more established company might choose a commercial space to lease because the contract offers more security over the long term. A commercial lease is a legally binding contract that details the relationship between a tenant and a landlord. What does it mean to rent commercial space? monthly, quarterly) for using the property.

Tenants 144

Tenants Landlords Property Taxes Real Estate 144

Birmingham Appraisal

SEPTEMBER 26, 2023

Outlier sales refer to property transactions that significantly deviate from the typical or median sales price within a particular market area. Overpriced listings may not accurately reflect the broader market, making it difficult for appraisers to justify the contract price.

Real Estate Agent 94

Real Estate Agent Real Estate Clients Agents 94

The Robert Weiler Company

JANUARY 9, 2022

Creating a commercial lease that meets all of Ohio’s legal requirements will prevent a headache down the road. Space: The space is commonly referred to as the “demised premises.” Learn the leasing laws in Ohio. Read through Ohio Revised Code Chapter 1310 to get up to speed on commercial transactions.

Tenants 78

Tenants Landlords Real Estate Property Management 78

Appraisal Today

JULY 12, 2024

Definitely read this before doing STRs on a 1007, which an AMC or lender requests. == Key Considerations for Appraising Accessory Dwelling Units (ADUs) By Jo Traut Excerpts: Appraising ADUs requires a nuanced understanding of market characteristics, legal frameworks, and property specifics. percent from 7.03 percent from 7.11 percent from 6.90

Appraisal 70

Appraisal Design Contracts Business 70