Appraisal Buzz

JULY 23, 2024

“We’re seeing a slow shift from a seller’s market to a buyer’s market,” says Lawrence Yun, chief economist for NAR, in a statement. Homes are sitting on the market a bit longer, and sellers are receiving fewer offers. More buyers are insisting on home inspections and appraisals, and inventory is definitively rising on a national basis.”

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Inventory Inspection Realtors Sellers 195

Housing Wire

MAY 21, 2024

While these online tools aren’t a definitive statement of a home’s value, they can be a great starting point, especially when combined with other data like a home’s list price, square footage, number of bedrooms and baths, property tax history, and any price reductions. Be patient and stay flexible as challenges arise.

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Real Estate Agent Real Estate Inspection Valuation 450

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.

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Housing Market Marketing Inventory Buyers 375

Midtown Appraisal Group

JULY 4, 2021

Appraisers aren’t real estate salespeople or mortgage brokers, and definitely shouldn’t be offering advice or counsel to the people whose properties they’re appraising.

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Mortgage Inspection Real Estate Sellers 139

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. Many nosy neighbors end up turning into sellers, and hosting open houses is a fantastic opportunity to showcase your marketing skills.

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Real Estate Open Houses Agents Sellers 462

Housing Wire

MAY 3, 2024

The challenge remains lack of inventory — that’s definitely the big one,” said Alison Alston , the broker-owner of Charlotte-based Lodestone Real Estate and Investments. “We We’ve been a sellers’ market here for at least the past eight years, but probably closer to 10 or 11.“

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Inventory Housing Market Marketing Real Estate 343

Hank Miller Team

APRIL 12, 2023

Georgia is a buyer beware state, so does a seller have to disclose repaired defects? Home sellers in Georgia must disclose known latent or hidden defects, things that might not be discovered during a reasonable inspection of the home. What happens if a home seller lies on the disclosure varies; every situation is different.

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Sellers Easement Inspection Real Estate Agent 40

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].

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Real Estate Business Agents Sellers 400

Housing Wire

APRIL 22, 2024

We negotiated to get the sellers the highest price possible. Even if you’re months or even years away from moving, a seller’s prep session is one of the services I offer homeowners. Many of us are in sellers’ markets with very low inventory. The goal in prospecting FSBO sellers is to be that agent.

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Real Estate Open Houses Brokerage Real Estate Agent 393

Listing Spark

FEBRUARY 6, 2023

Episode Summary In this episode, Aaron Jistel (Broker and Co-Founder at ListingSpark) focuses on how recent changes to Texas Real Estate Commission’s contracts and documents may affect home sellers and buyers. As a seller, this can help to ensure that buyers have the actual cash they are claiming they have.

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Contracts Real Estate Sellers Buyers 36

Listing Spark

DECEMBER 9, 2020

One of the most common questions we get from our home sellers at ListingSpark is “How do I determine what my closing costs are”? For this article, we are going to focus on the home seller closing costs we would typically see in Texas with a residential sale (commercial sales typically have a different set of fees).

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Sellers HOA Insurance Contracts 69

AmeriMac

DECEMBER 30, 2023

Understanding the process and implications of these appraisals is crucial for both homebuyers and sellers. We will start with the definition and purpose of these appraisals, followed by how they work, the factors considered in them, and preparing for an appraisal. Additionally, having an appraisal contingency in place protects sellers.

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Real Estate Appraisal Inspection Valuation 36

McKissock

JULY 26, 2022

Requests to sellers to pay closing costs. Timeliness and types of inspections. While there may or may not be a definitive time limit in each state (such as 24 hours), it is in everyone’s best interest to submit the offer as soon as possible. If the seller does not find the initial offer acceptable (e.g., Inspections.

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Real Estate Counter Offer Buyers Inspection 81

Movoto

MAY 29, 2024

In the following blog, we’ll touch on various elements of closing on a real estate deal , provide an earnest money definition, and explain how it works. The simplest earnest money definition is as follows: it’s a formal good faith deposit made when a home seller accepts a buyer’s offer to purchase a home.

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Contracts Sellers Real Estate Buyers 36

Quicken Loans

JUNE 3, 2021

You may already be aware of iBuyers and what they have to offer prospective home buyers and sellers. But for those who want to understand what all the hoopla is about and what it entails for buyers, sellers and agents alike, here’s what you should know. Offerpad will even pay for professional movers when sellers relocate locally.

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Sellers Buyers Agents Real Estate Agent 55

Listing Spark

DECEMBER 1, 2022

What can you focus on to maximize your success as a seller at the lowest price? We’ll dive into how to make your listing more competitive and maximize your success as a seller with Julie Daniels, Director of Operations at ListingSpark. How sellers can maximize their chances of success in the current market. Episode highlights.

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Sellers Real Estate Inspection Buyers 36

Lamacchia Realty

AUGUST 15, 2023

Let’s face it, we’ve all seen the online ads and billboards (and we’ve definitely seen that certain famous caveman) for real estate businesses offering to buy your home quickly and with cash. If the seller accepts, the rest of the process happens quite swiftly. WE BUY HOUSES: HOME CASH BUYER PROS AND CONS What is a Home Cash Buyer?

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Buyers Real Estate Agent Real Estate Realty 69

McKissock

JANUARY 31, 2023

.” “There is a lot of research and number crunching to do, so asking for a value at time of inspection is a no go.” ” “The definition of market value.” Was the seller highly motivated? ” “City codes and guidelines so final inspections are not necessary.

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Real Estate Agent Real Estate Agents Appraisal 97

Appraisal Today

SEPTEMBER 22, 2023

To me, the big issue is who is doing the inspections. They should definitely not be paid the same. A buyer gets a seller’s disclosure statement for that information. Most of the inspection training we receive as appraisers happens in the field. Inspection training was very good. Read the full report.

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Appraisal Training Inspection Real Estate 88

Realtor

MARCH 7, 2023

This is definitely the case if you’re considering a USDA loan from the Department of Agriculture. ” In some cases, experts advise it might be wise for a potential homebuyer to pay to have a home inspection done prior to the official appraisal.

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Inspection Appraisal Market Value Finance 111

Lamacchia Realty

JULY 15, 2021

If you care about the curb appeal of your New England home, you will definitely want to inspect and assess your yard. Easy Fixes Sellers Can Make to Enhance Their Home . Seller Resources. Another reason to consider time and cash investment in home landscaping is that it can add 15% to your home’s value. Read More ».

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Design Sellers Inspection Realty 69

Will Springer Realtor

MARCH 30, 2021

In this seller-friendly market, sometimes dozens of buyers make bids on a single home. Earnestly speaking – To make a good first impression with the seller, buyers should offer a high earnest money deposit, say 7% or more. They are definitely being earnest with a strong deposit amount. Take the home-offer scenario, for example.

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Inspection Sellers Buyers Real Estate 36

Assurance Financial

APRIL 29, 2021

If you plan to buy a home or refinance an existing mortgage, you’ll likely encounter mortgage loan terms and definitions that may be unfamiliar — especially if you’re buying a house for the first time. Use the home loan glossary below to get familiar with terms and definitions that might be new to you. Home Inspection.

Mortgage 69

Mortgage Insurance Inspection Sellers 69

McKissock

MARCH 28, 2023

” “Being able to provide an ANSI compliant sketch and opinion of value is very important to any seller or agent/broker. I love working with clients face to face and helping them discover the fair value of their property, whatever that may entail!” We do that. In fast markets, listings that linger sell below market.

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Lending Appraisal Property Taxes Training 99

Will Springer Realtor

SEPTEMBER 19, 2023

Your Home Inspector Can Provide Clues About Flood Risk When you’re ready for a home inspection , you’ll want to work with an experienced inspector. However, a home inspection may not tell the whole story, Barker says. “If It would not be accessible to the home inspector, who only does a visual inspection.”

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Insurance Inspection Real Estate Buyers 56

Chicagoland Appraisal Blog

MAY 13, 2021

When the housing marketplace favors sellers, home values run high. During buyer’s markets, sellers might find it difficult to sell an outdated home or to achieve their asking price. To begin the process of having your home appraised, you’ll need to select an appraiser and schedule their inspection. What Hurts a Home Appraisal?

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Appraisal Renovations Home Value Real Estate 88

McKissock

JANUARY 14, 2022

The standard appraisal report’s definition of market value refers to “typical buyers,” most of whom would become acutely aware of such odors right at the door, and when it’s significant will either walk away or discount their offering price.

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Appraisal Tenants Inspection Market Value 77

Listing Spark

NOVEMBER 11, 2022

You are technically a For Sale By Owner seller (FSBO). There are some sites, like the FSBO section of Zillow, geared to FSBO sellers that you can use to market your home. The most successful FSBO sellers will pivot away from FSBO sites (where the majority of potential buyers are not searching). Closing Date.

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Realtors Contracts HOA Sellers 36

Will Springer Realtor

APRIL 23, 2024

Many experts in the construction business suggest the Home Energy Rating System index is most relevant to today’s consumers, including home buyers and sellers. It is a network of “forest landowners, volunteer members of state and local entities, national and state government agencies, inspecting foresters” and other interested parties.

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Land Management Construction Development Design 36

Listing Spark

MAY 26, 2023

With careful planning and the right resources, finding your dream home at the right price is definitely possible. It helps you understand how much you can afford and shows sellers that you’re serious about buying. Remember that negotiation is a two-way street; understanding the seller’s perspective is essential.

Real Estate 36

Real Estate Housing Market Inspection Sellers 36

Lifestyle Properties of Maine

AUGUST 6, 2019

One of the most nerve wracking parts of a real estate transaction can be the appraisal process for both buyers and sellers. Definition of Appraisal The first thing to know in this process is what is an appraisal? Some people confuse a real estate appraisal with a home inspection. What is an appraisal? How much does it cost?

Real Estate 28

Real Estate Appraisal Inspection Contracts 28

Housing Wire

MARCH 7, 2022

Absolutely, I will offer an NFT option to sellers within the next year,” said Richard Hopen, a Compass agent in Short Hills, New Jersey. The Gulfport seller, Heckler explained, created a limited liability company that held ownership of the home. Propy then guided the seller into minting the LLC as an NFT.

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Real Estate Law Inspection Agents 493

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. Your availability for conducting the appraisal.

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Real Estate Appraisal Legal Valuation 133

Assurance Financial

MAY 18, 2022

You might be surprised at what counts as “rural” under the USDA’s definition, so unless you want to buy a home in a metropolitan area, it can be worthwhile to check the USDA’s eligibility map to see if your location qualifies. An FHA loan does allow you to accept seller concessions or a seller assist.

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Insurance Government Mortgage Sellers 69

Assurance Financial

NOVEMBER 9, 2021

The key to getting the best possible value for your money is understanding what’s happening in your local real estate market — whether you’re a buyer or a seller. What’s the Difference Between a Buyer’s and Seller’s Market? Buyer’s vs. seller’s markets are a matter of supply and demand.

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Marketing Sellers Real Estate Buyers 36

Housing Wire

DECEMBER 7, 2023

Full practice exams, quizzes with over 400 exam prep questions, on-demand course review videos, e-textbook, online note taking feature, Terms & Definitions, makeup for missed classes All features of online class + textbook. Classes meet 4 x per week for 2 weeks. All features of online class + textbook. Classes meet Sat. for 2 weeks.

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Real Estate Real Estate Agent Law Brokerage 383

Houston Properties

JULY 22, 2022

Get A FREE Home Valuation Enter your email to receive a free, easy to read seller's guide on how to sell your house in the shortest time for the most money. Houston Home Seller Series. Houston Home Seller Series. "Paige You definitely want her on your team when you decide to buy or sell." Wellington. Get PDF Now.

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Home Value Real Estate Agent Real Estate Realtors 36