Appraisal Buzz

NOVEMBER 13, 2024

According to new research from Clever Real Estate , a St. Louis-based real estate company, homebuyers spend an average of $31,975 in homebuying expenses, such as closing costs, repairs, and moving, in addition to their down payment. home ($501,500) adding $75,255, the upfront cost totals a staggering $107,230.

Real Estate 417

Real Estate Sellers Buyers Renovations 417

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. Don’t: Talk about real estate in every conversation. When you buy through our links, we may earn a commission.

Real Estate 468

Real Estate Open Houses Agents Sellers 468

Housing Wire

JUNE 10, 2021

While a real estate agent’s commission is one of the most expensive costs, it definitely isn’t the only one. Here are four potentially unexpected costs you should be aware of: More for Real Estate Enthusiasts. Home improvements and renovations are also important to buyers. Real Estate Commission.

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Sellers Real Estate Agent Real Estate Decorating 546

Housing Wire

APRIL 18, 2023

PunchListUSA , a real estate technology platform digitizing home inspection data, has named Stefan Pampulov as its chief product and data officer. Pampulov comes to PunchList USA with two decades of experience in real estate data strategy and product development.

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Inspection Real Estate Real Estate Agent Renovations 370

Chicagoland Appraisal Blog

MARCH 9, 2024

Sometimes consumers equate the appraisal inspection as a professional home inspection. Home Inspection A licensed home inspector performs a home inspection. Home inspections, which typically span hours, encompass various elements including electrical systems, plumbing, HVAC, roofing, and structural components.

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Inspection Appraisal Real Estate Property Appraisal 136

Housing Wire

MAY 12, 2021

The real estate industry is in a serious time crunch to get new housing stock together. The real estate industry is full of complications that don’t exist elsewhere, from the way we incentivize real estate brokers to the way we value land and homes. And on a zero-to-10 scale of efficiency, we’re at a zero.

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Construction Logistics Technology Real Estate 482

Housing Wire

JUNE 21, 2022

Data from John Burns Real Estate Consulting shows that student loan debt has increased 100% since 2007, keeping many renters in place. Selling a home typically involves nearly 10% in transaction fees between real estate agents , title companies, inspections, and other expenses. But, who are these investors?

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Investors Renovations Inspection Government 435

Housing Wire

OCTOBER 27, 2020

Some are waiving inspection contingencies, while others are avoiding repair requests, opting to handle home repairs, fixes and upgrades as needed later on. While this approach could certainly help buyers win out in a bidding war, the strategy also comes with some serious risk — especially if the home inspection is skipped.

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Inspection Renovations Buyers Housing Market 459

Housing Wire

APRIL 27, 2023

The lawsuit claims further that the company “ignored permitting laws to avoid fees and increased taxes as well as to get renovated homes on the rental market as soon as possible.” Invitation Homes (IH) spent about $25,000 on renovations per home for its California SFR portfolio, pleadings in the lawsuit state.

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Renovations Investing Real Estate Marketing 393

Housing Wire

FEBRUARY 18, 2022

Further, Fannie notes, “Leveraging the wealth of big data, the power of advanced analytics, and the speed of technology, appraisers can perform desktop appraisals without physically inspecting the property.” AVMs do not account for upgrades or renovations. Geography plays a large role in real estate valuation.

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Appraisal Process Appraisal Valuation Renovations 397

Housing Wire

MAY 11, 2021

For example, a newly renovated home that has a gourmet kitchen and an updated bathroom may be valued more highly than a similar home that possesses only above-average amenities and is in average condition. . Many factors contribute to the process of determining the value of a residential property. Realtor Comments Hold Vital Info.

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Valuation Inspection Renovations Appraisal 397

Raleigh Realty

FEBRUARY 2, 2022

Negotiating Repairs After a Home Inspection What fixes are mandatory after a home inspection? One of those steps is the home inspection and with the home inspection, major issues can arise. A home inspection provides the buyer with a detailed report of the home’s structure, plumbing, electrical, foundation, roof, etc.

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Inspection Sellers Buyers Realtors 158

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

Cleveland Appraisal Blog

DECEMBER 24, 2022

Are you planning on renovating your home? What to Expect When Undertaking These 4 Common Home Renovation Projects. When home improvement gives way to major renovations, the implications can be more impactful than you might realize. However, you must be aware of your budget and timeline before committing to a kitchen renovation.

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Renovations Appraisal Home Improvement Buyers 303

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. Like you, as a real estate agent, I have prepared many reports analyzing pricing trends to help provide guidance to buyers, sellers and investors alike.

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Marketing Real Estate Agent Clients Tools 435

Appraisal Buzz

SEPTEMBER 5, 2024

Given the substantial amount of accumulated equity in real estate, there is still untapped potential for home equity lending for lenders and borrowers.” The MBA study also found the following of note: Home renovations slowed to 56% of volume in 2023 compared to 65% in 2022. billion per company in 2023, from $2.10 in 2025.

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Lending Inspection Valuation Renovations 221

Appraisal Buzz

JULY 29, 2024

Given the substantial amount of accumulated equity in real estate, there is still untapped potential for home equity lending for lenders and borrowers.” Conversely, 22% of originations required a full appraisal with the majority entailing both an interior and exterior inspection. in 2024 and 4.8% in 2024 and 7.2% in 2025.

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Inspection Valuation Renovations Lending 195

The Robert Weiler Company

JULY 18, 2021

With the warmth of the summer season on everybody’s mind, it’s natural for investors, especially those in commercial real estate, to divert their attention to new opportunities. This realization is as true for commercial real estate investors as it is for residential property holders. encourages further degradation.

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Real Estate Investing Investors Renovations 148

Appraisal Buzz

DECEMBER 11, 2024

Kimberly Dawson, Director, Single-Family Real Estate Asset Management, Fannie Mae Q: What are the biggest challenges facing the property preservation space and how you do business? We are exploring batching inspections. How are prop pres companies having to adapt to meet these challenges? How is AI impacting the sector?

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Inspection Technology Insurance Training 311

Realtor

FEBRUARY 11, 2021

Closing costs are used to pay for items such as appraisals, inspections, and much more. Some costs—such as the down payment, closing costs, home inspection and appraisal—are just the price of admission to homeownership. But other real estate expenses depend entirely on where you choose to buy.

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Property Taxes Inspection Landlords Renovations 218

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. In addition, selling as-is is the norm in some real estate markets.

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Renovations Buyers Appraisal Investing 221

GoForrmz

DECEMBER 5, 2024

How tech solutions are transforming the 2025 real estate landscape The real estate industry is evolving rapidly, and with 2025 on the horizon, the technological advancements, and general market, show no signs of slowing down. Traditional methods are not only time-consuming but also prone to errors.

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Real Estate Property Management Tools Clients 78

Appraisal Buzz

JUNE 3, 2024

The market backdrop It’s a hard time out there for real estate. That has resulted in credit standards tightening and fewer transactions happening in the market (according to CBRE, commercial real estate volumes were down 54% through Q3 2023 ). These sponsors may skip steps and cover up shoddy work.

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Investors Marketing Renovations Real Estate 195

The Robert Weiler Company

MAY 18, 2022

When selling commercial real estate, the favorite phrase, “A little bit goes a long way,” holds much truth. Below are 24 practical tips you can use to improve any of the five major types of commercial real estate. What is Return on Investment in Commercial Real Estate?

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Real Estate Tenants Retail Investing 148

McKissock

JANUARY 31, 2023

As part of our Question of the Month survey series, we asked members of our appraisal community, “What’s one thing you wish real estate agents knew about the appraisal process?” ” “There is a lot of research and number crunching to do, so asking for a value at time of inspection is a no go.”

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Real Estate Agent Real Estate Agents Appraisal 97

McKissock

JULY 19, 2022

Getting involved in real estate can be both rewarding and lucrative. Whether you’re a novice home flipper, a licensed professional or fall somewhere in the middle, real estate done right can be financially life-changing. Beware of these 6 real estate scams. Here are six real estate scams not to fall for.

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Real Estate Real Estate Agent Sellers Agents 98

Empire Appraisal Group

MAY 16, 2024

Should You Renovate Before Selling? Before launching renovation projects to sell a home, consider the cost benefits. NEW YORK – When selling your house, one of the most common things to worry about is whether you should renovate the home before listing it. Look at your home as if you were buying it and decide if it’s turnkey.

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Renovations Buyers Decorating Investing 78

Appraisal Hub

MAY 5, 2024

As a seasoned appraiser in the vibrant real estate market of Toronto, I’ve had the privilege of witnessing the ever-evolving landscape of property valuation. Over the years, I’ve come to appreciate the symbiotic relationship between appraisers and real estate agents.

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Real Estate Agent Real Estate Agents Appraisal Process 78

Birmingham Appraisal

NOVEMBER 20, 2024

I think it is important to revisit these inaccuracies for the benefit of new people getting into the real estate market. 10 Appraisal Myths You Should Not Believe Myth #1: All real estate appraisers are the same All appraisers are not the same and they vary based on the amount of education and experience they have.

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Real Estate Appraisal Inspection Contracts 87

The Robert Weiler Company

JUNE 17, 2022

However, an investment in real estate is not something you should jump into without preparation. However, as with all commercial real estate investments, not all investments are alike. For new commercial real estate investors, buying a small apartment building for sale is a good investment choice.

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Property Management Renovations Real Estate Investing 147

McKissock

APRIL 28, 2021

It makes sense, but it can make the real estate process even tougher for buyers. That means it’s often the real estate agent’s job to ease their minds and lighten the situation. As of 2020, a whopping 88% of home buyers relied on the help of a real estate agent to get them through the process.

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Real Estate Agent Real Estate Buyers Agents 87

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.

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Real Estate Renovations Agents Inspection 69

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. Real estate agents are typically more connected with the public and these types of situations than we appraisers usually are.

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Market Value Appraisal Agents Real Estate Agent 350

Cleveland Appraisal Blog

AUGUST 13, 2023

Before you embark on a complete bathroom renovation, take heart. Schedule Regular Plumbing Inspections If you really want to keep your plumbing system eco-friendly, it’s time to practice some TLC. Regular inspections are important to catch plumbing issues and maintain an efficient plumbing and water transport system.

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Appraisal Inspection Transportation Renovations 253

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. In this blog post, I will discuss some of the most common mistakes sellers should avoid during a real estate appraisal.

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Sellers Real Estate Appraisal Appraisal Process 85

Birmingham Appraisal

JUNE 21, 2023

Helping Agents Understand Appraisal Factors That Impact Home Sales In the world of real estate, accurate property valuation plays an important role in the home buying and selling process. Real estate agents, as trusted guides for their clients, must possess a good understanding of the factors that influence property appraisals.

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Real Estate Agent Real Estate Agents Appraisal 82

Boston Appraisal

DECEMBER 11, 2023

If you are buying or selling a property, or refinancing your home, you may encounter a real estate appraiser who will appraise your property based on its condition, features, location, and market trends and provide an appraisal valuation. The appraisal process is important for homeowners, buyers and sellers.

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Appraisal Process Real Estate Appraisal Easement 78