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

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.

Real Estate Agent 83

Real Estate Agent Real Estate Agents Appraisal 83

Housing Wire

JUNE 10, 2021

Home improvements and renovations are also important to buyers. Real Estate Commission. Working with a real estate agent isn’t free, but it takes the work off your plate as a seller. Working with a real estate agent isn’t free, but it takes the work off your plate as a seller.

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Sellers Real Estate Agent Real Estate Decorating 546

McKissock

APRIL 28, 2021

As of 2020, a whopping 88% of home buyers relied on the help of a real estate agent to get them through the process. This trend has been on the rise since 2001 when only 69% of buyers used a real estate agent. . Add a home inspection contingency clause to the contract as well for further peace of mind. .

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Real Estate Agent Real Estate Buyers Agents 87

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. Instead, we prefer a “certified” pre-owned car that has gone through a multi-point inspection with all of the preventative maintenance up to date.

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Investors Renovations Inspection Government 426

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 417

Eppraisal

MAY 19, 2023

A realtor can physically inspect your property: An AVM can only estimate your home's value based on data such as square footage and number of bedrooms and bathrooms. This knowledge can help them provide a more accurate estimate of your home's value based on current market conditions.

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Real Estate Agent Real Estate Agents Inspection 36

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 383

Birmingham Appraisal

NOVEMBER 20, 2024

Myth #6: Comps must be within one mile of the subject property This popular myth causes a lot of problems for real estate agents, and let me explain why. Most agents believe that you cannot use sales that are further away than one mile from the subject property. An appraisal addresses the value of a property.

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Real Estate Appraisal Inspection Contracts 73

Appraisal Buzz

JUNE 3, 2024

Many current sellers have begun a renovation but have run out of money prematurely as inflation has caused cost overruns and capital is less available to fund shortfalls. Thorough due diligence, including property inspections and assessments, and adequate cash reserves are crucial to identify and address potential concerns.

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Investors Marketing Renovations Real Estate 195

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

Eppraisal

OCTOBER 23, 2023

The other party has no obligation to respond to you, but your real estate agent can reach out to learn their motivation for declining your proposal. Your real estate agents can go back and forth multiple times until all parties agree to everything or reach an impasse. The seller can pick a different one.

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Real Estate Agent Sellers Inspection Real Estate 69

Housing Wire

JUNE 7, 2024

BNI (Business Networking International): These chapters can be tricky to get into as a real estate agent, but if you’re able to find one with an open seat, jump on it. Agents who aren’t afraid of approaching a “mean, scary FSBO.” Meet the fire department for the smoke inspection. Or look into starting your own!

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Real Estate Open Houses Agents Sellers 459

Listing Spark

AUGUST 22, 2024

One critical choice that homeowners often wrestle with is whether to hire a real estate agent or sell their property as a For Sale By Owner (FSBO). FSBO is a method of home selling where the owner assumes the duties of a real estate agent, potentially saving on agent commission fees.

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Real Estate Agent Real Estate Renovations Agents 36

Eppraisal

SEPTEMBER 8, 2023

We treat it as a great starting point for a discussion with a real estate agent before placing your home on the market. An agent can physically inspect your property An AVM can only estimate your home's value based on data such as square footage and number of bedrooms and bathrooms.

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Real Estate Agent Inspection Real Estate Agents 36

AmeriMac

JUNE 30, 2024

The appraiser thoroughly inspects the property, noting size, condition, and unique features. Appraiser visits the property and conducts a thorough inspection to assess its value. Recent Upgrades and Renovations: The appraiser considers any recent changes that may have added value to the property.

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Appraisal Renovations Mortgage Inspection 36

Boston Appraisal

FEBRUARY 2, 2023

For example, public records may not reflect any renovations or additions that have been made to the property since the records were created. In most cases, the process of obtaining the GLA requires appraisers to inspect and measure a subject property.

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Inspection Law Real Estate Agent Appraisal 78

Boston Appraisal

FEBRUARY 2, 2023

For example, public records may not reflect any renovations or additions that have been made to the property since the records were created. In most cases, the process of obtaining the GLA requires appraisers to inspect and measure a subject property.

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Inspection Law Real Estate Agent Appraisal 78

Lamacchia Realty

JUNE 8, 2021

A home inspection is a part of the selling process, but you can get your own inspection prior to listing. A serious buyer will have to have their own home inspection done and they can get an estimate for repairs from that too. Hire a real estate agent to handle negotiations on your behalf. Buyer Resources.

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Real Estate Agent Inspection Realty Legal 69

McKissock

JULY 19, 2022

Looks can be deceiving, so be sure to ask for the paperwork showing that routine inspections have been performed. Overselling a recently renovated area of the house. Free Guide : Access real estate agent income insights and trends to help you earn more in your career! Real estate agent without a license.

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Real Estate Real Estate Agent Sellers Agents 98

AmeriMac

DECEMBER 30, 2023

Lastly, we will compare REO appraisals to home inspections and answer whether they are mandatory for all property transactions. Whether you’re a first-time homebuyer or a seasoned seller, this guide will provide you with all the information you need to make informed decisions during real estate transactions involving REO appraisals.

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Real Estate Appraisal Inspection Valuation 36

The Robert Weiler Company

JUNE 17, 2022

The latter can be a lot cheaper but the amount of renovations required might end up costing you more in the long-run. Perform your own initial inspection on the apartment building and surrounding property. Get a professional inspection and commercial appraisal of the apartment building before making a final decision.

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Property Management Renovations Real Estate Investing 147

D Fritz Appraisals

MAY 13, 2024

The initial phase involves conducting a thorough inspection to identify any necessary repairs or improvements that could increase the property’s value and attractiveness. Additionally, it is important to ensure that all systems, including heating, plumbing, and electrical systems, are in working order to pass home inspections.

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Real Estate Buyers Sellers Appraisal 120

PennyMac

JANUARY 2, 2024

Do you know the return on investment (ROI) of your renovation project? Some renovations can make your home more valuable. If you’re investing in a home renovation in hopes of recouping that money when you sell, it’s important to research and plan ahead before you begin to ensure you’re spending your money wisely. It depends.

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Home Improvement Renovations Inspection Investing 36

Movoto

OCTOBER 9, 2024

Whether you’re a first-time homebuyer or a repeat buyer, there are some key questions to ask your real estate agent and the seller. #1 Ask about recent renovations, add-ons, or major repairs that you might not notice when viewing a home. 8 Are there any major repairs or renovations needed?

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HOA Property Taxes Renovations Sellers 36

Cleveland Appraisal Blog

APRIL 21, 2022

When it comes to nuisance neighbors, I try to visit with real estate agents who have recently sold properties that are within close proximity to the property I am appraising, if possible. Most agents are great to visit with about things like this and are generous with their time, at least in my experience. Probably not.

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Market Value Appraisal Agents Real Estate Agent 350

Eppraisal

OCTOBER 3, 2023

Get a Seasoned Agent Selling your home yourself allows you to skip paying a third party a commission, but doing it yourself will likely result in less profit and cause your house to stay on the market longer. Instead, work with a real estate agent who has been around the block.

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Real Estate Agent Real Estate Buyers Agents 69

PennyMac

DECEMBER 22, 2020

Some homebuyers are intimidated by foreclosed and bank-owned homes because they often require more renovations — and a different type of negotiation — than other options on the market. Real estate agent: A real estate agent will be able to find REO offerings from multiple lenders in your desired area.

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Inspection Real Estate Agent Real Estate Agents 69

Eppraisal

MAY 24, 2024

   Unpermitted Work Certain renovation projects can significantly increase home values. If drainage issues were not disclosed in the listing, your real estate agent can negotiate a lower home value so you can address the situation.  Are they pushing back against inspections?

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Real Estate Agent Home Value Sellers Buyers 36

Birmingham Appraisal

AUGUST 23, 2023

In the often chaotic world of real estate, the appraiser-agent relationship can contribute to a smoother process. When real estate agents and appraisers work together seamlessly, clients benefit from well-informed decisions, transactions become smoother, and professional relationships are strengthened.

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Agents Appraisal Valuation Appraisal Process 90

Lamacchia Realty

AUGUST 4, 2021

Photo by stux–12364 There are many real estate myths out there, from commissions to renovations. A home passes or fails inspection This isn’t like an exam in high school where you either pass or fail. The point of an inspection is to assess the condition of the home, the good and the bad.

Real Estate 69

Real Estate Renovations Agents Inspection 69

D Fritz Appraisals

MARCH 7, 2019

Before you go spending thousands of dollars in renovations, however, make sure you follow this advice from the outset. You need to be careful that what you spend on renovations is less than the potential increase in value of your house. This information will help you impress the appraiser as well as prospective buyers. It’s often free!

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Renovations Appraisal Real Estate Agent Buyers 78

Realtor

MAY 10, 2018

Real estate agent and attorney Bruce Ailion with Re/Max Town and Country in Atlanta advises siblings to have a discussion to decide what condition to sell the house in— as is or renovated. “When only a top-to-bottom renovation makes sense, as is is the better option,” says Ailion.

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Real Estate Agent Renovations Real Estate Agents 85

PennyMac

SEPTEMBER 6, 2023

This is especially true if home sellers are trying to move quickly or are hoping to avoid costly renovations. Selling a House As Is Selling a house as-is means the homeowner will not make repairs or renovations before selling it to a buyer, even if the home has structural concerns or is in poor condition. Rent your home out.

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Renovations Inspection Sellers Buyers 36

PennyMac

OCTOBER 10, 2023

Home improvements and renovations. This can include anything from the central air system you installed 10 years ago to the kitchen flooring and countertops you just renovated (along with the new oven and fridge to match, of course). Thoroughly inspect safety equipment like smoke alarms, carbon monoxide alarms and home security systems.

Appraisal 69

Appraisal Real Estate Agent Renovations Home Value 69

Realtor

MAY 10, 2018

Real estate agent and attorney Bruce Ailion with Re/Max Town and Country in Atlanta advises siblings to have a discussion to decide what condition to sell the house in— as is or renovated. “When only a top-to-bottom renovation makes sense, as is is the better option,” says Ailion.

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Real Estate Agent Renovations Real Estate Agents 78

McKissock

FEBRUARY 21, 2021

This means having to renovate the house so that it is in good condition, which is never cheap. Note: Keep in mind that you will need to ensure the property is in the best shape for you to live in (renovation costs) and that moving in could lead to an increase in property taxes. Download here. Rent out the property.

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Real Estate Agent Property Taxes Real Estate Legal 56