Housing Wire

OCTOBER 1, 2022

The monthly Realtors Confidence Index helps to dispel many of the myths and cut through the noise of what is currently happening in the market. The National Association of Realtors Research Group has produced the index since 2008, at a time of turmoil in the real estate market. It is difficult to obtain a mortgage today.

Realtors 418

Realtors Housing Market Marketing Buyers 418

The Appraiser Coach

NOVEMBER 2, 2021

As an appraiser, you’re a real estate professional and you are in the business of valuing property. Inevitably, at some point in your career, you’re going to make another real. Read More.

Realtors 360

Realtors Real Estate Business Appraisal 360

Housing Wire

NOVEMBER 1, 2024

PRO TIP You may see the terms “real estate agent” and “Realtor” used interchangeably. While a Realtor is indeed an agent, the term doesn’t work both ways. To be a Realtor, an agent must be a member of the National Association of Realtors® (NAR).

Real Estate 448

Real Estate Real Estate Agent Agents Brokerage 448

Housing Wire

SEPTEMBER 5, 2024

The FHA should critically evaluate and simplify inspection criteria, review the inspection requirements for FHA appraisals, and modernize criteria wherever possible “to help reduce homebuying hurdles over non-essential, smaller home repair issues,” the authors wrote.

Buyers 476

Buyers Real Estate Agent Inspection Real Estate 476

Housing Wire

APRIL 8, 2021

According to Matt Sharp, Area Lending Manager at Citi, “It’s really important when you are in the buying process that lenders have a communication with not only the buyer but also with their realtor,” Sharp said. While a home inspection is a valuable way to get to know your new potential home, it can also be used as a negotiation tool.

Inspection 468

Inspection Sellers Buyers Tools 468

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.

Inspection 158

Inspection Sellers Buyers Realtors 158

Housing Wire

JULY 23, 2024

That’s according to June’s existing-home sales data from the National Association of Realtors (NAR), which reflect the problems that have hampered housing markets since mortgage rates began to rise in 2022. More buyers are insisting on home inspections and appraisals, and inventory is definitively rising on a national basis.”

Inventory 508

Inventory Buyers Inspection Sellers 508

Housing Wire

SEPTEMBER 19, 2024

million, according to the National Association of Realtors (NAR). After a modest monthly uptick in July, existing-home sales fell 2.5% in August to a seasonally adjusted annual rate of 3.86 That was a 4.2% decline compared to one year ago. Sluggish sales left total housing inventory at 1.35 million, which is a month-over-month gain of 0.7%.

Inventory 459

Inventory Housing Market Inspection Sellers 459

Housing Wire

JANUARY 21, 2025

Later, during the inspection period, the buyer hits the seller harder with a long list of repairs. However, in order for this to work for my client, we must have all the inspections completed by the 12th instead of the 14th. Example A buyer makes an offer on a property and the seller quickly accepts the offer.

Real Estate 370

Real Estate Clients Sellers Agents 370

Housing Wire

SEPTEMBER 9, 2024

The new rules mandated by the National Association of Realtors’ (NAR) antitrust settlement are designed to encourage more negotiations for buyer agent commissions. Almost a month after the rules went into effect, that appears to be happening.

Agents 482

Agents Marketing Sellers Buyers 482

Housing Wire

JUNE 22, 2021

Real estate agents cited a lack of inventory as the main hurdle preventing their clients from completing a transaction, according to the National Association of Realtors. Lack of inventory. Due to the pandemic, homeowners have been reluctant to list their homes, so available homes — in any condition — get snapped up quickly.

Housing Market 476

Housing Market Real Estate Agent Marketing Inventory 476

Appraisal Buzz

JUNE 11, 2024

Through issuance of Circular 26-24-14 veterans will have the ability to remain competitive and not at a disadvantage in homebuying market due to changes that may result from a recent class-action settlement involving the National Association of Realtors (NAR) , slated to take effect later this summer.

Realtors 418

Realtors Real Estate Buyers Sellers 418

Housing Wire

JULY 22, 2024

Back then, we never thought about the property inspection. We didn’t understand anything other than dual agency and we didn’t have inspections for things like radon gas or uranium in the soil. So, with everything, I think we are going to see membership numbers in the National Association of Realtors go down.

Real Estate 457

Real Estate Real Estate Agent Technology Agents 457

Housing Wire

AUGUST 8, 2022

In a recent survey by the National Association of Realtors , floor plans ranked as the third most desired listing feature for homebuyers, after photos and detailed listing information. But floor plans are a relative rarity on multiple listings services: only 10-15% home listings in the U.S. have floor plans. Presented by: Rently.

Property Management 525

Property Management Technology Real Estate Valuation 525

Appraisal Buzz

JULY 23, 2024

According to the National Association of REALTORS , existing-home sales decreased in June while the median sales price increased to the highest amount ever recorded for the second consecutive month. More buyers are insisting on home inspections and appraisals, and inventory is definitively rising on a national basis.” from May and 23.4%

Inventory 395

Inventory Inspection Realtors Sellers 395

Housing Wire

JULY 18, 2024

Closing tasks such as appraisal , inspection, title insurance and homeowners insurance are done remotely. According to a report released this week by the National Association of Realtors (NAR), foreign buyers purchased the fewest number of existing U.S. Buyers can also use Waltz to connect with a property manager or tax adviser.

Finance 448

Finance Real Estate Investors Legal 448

Housing Wire

OCTOBER 9, 2024

17 , when the business practice changes outlined in the National Association of Realtors’ commission lawsuit settlement agreement had to be implemented, most brokers and agents were concerned about how they would disclose a seller’s offer of buyer broker compensation. Heading into Aug. Hampe Associates.

Buyers 468

Buyers Sellers Agents Contracts 468

Housing Wire

JUNE 22, 2023

In the letter , addressed to FHFA Director Sandra Thompson , the associations ask for “reasonable” building inspection requirements for aging infrastructure.

Lending 370

Lending Inspection Development Realtors 370

Housing Wire

MAY 11, 2021

Unfortunately, the ability to obtain information on individual property data about these two factors is hard to come by, short of an interior physical inspection. Realtor Comments Hold Vital Info. This is why most automated valuation models (AVM) default to assessing “average” quality and condition.

Valuation 397

Valuation Inspection Renovations Appraisal 397

Appraisal Buzz

AUGUST 25, 2021

has been on a path to round out its capabilities and to integrate with various market participants such as home inspection platforms, forms software, appraisal digitization, and more. “It PropMix’s platform and solutions are widely used by mortgage lenders, appraisers, realtors, and investors. PropMix.io

Valuation 370

Valuation Real Estate Technology Inspection 370

Housing Wire

SEPTEMBER 17, 2024

For agents in New Hampshire , this week marks two months since PrimeMLS , the state’s multiple listing service , implemented the business practice changes outlined in the National Association of Realtors’ nationwide commission lawsuit settlement agreement.

Agents 448

Agents Sellers Buyers Realtors 448

Housing Wire

MARCH 7, 2022

said Hoepen, the Compass agent who writes the “Crypto News for Realtors” newsletter. Change is coming,” said Jim Haisler of Heartland Realtors in Crystal Lake, Illinois. The biggest reason home sales take almost two months to complete, Gottheim of the title trade group noted, is property inspection and mortgage underwriting.

Real Estate 501

Real Estate Law Inspection Agents 501

Housing Wire

JANUARY 4, 2023

The scammers might target both the homebuyer and the Realtor. This was going on pre-pandemic, but during the pandemic people were waiving their inspections, or were buying homes sight unseen. It can come from all different sides — the title, the consumer, the attorney — it could be any of those steps in the process.

Real Estate Agent 545

Real Estate Agent Tools Inspection Insurance 545

Housing Wire

OCTOBER 1, 2020

And then pass that along to the Realtor as well so they’re efficient with their time. . “Consumers visit a lot of different sites trying to learn about homeownership. But can we really give them concrete information about the home they can afford, how they should buy it? “They think, ‘I want to buy a home.’

Advertising 459

Advertising Real Estate Agent Mortgage Real Estate 459

Housing Wire

MARCH 18, 2021

Alyssa Loflin, a Pueblo real estate agent, said buyers are so eager to get into Pueblo West, they are submitting offers “way over” asking price on homes and, in some cases, forgoing inspections to close quicker. “Houses around $300,000 are like the golden ticket,” she said.

Housing Market 543

Housing Market Marketing Real Estate Agent Buyers 543

Housing Wire

JULY 10, 2024

“Anything under $300,000 or $350,000 has really good activity, but above that, I think interest rates have really affected buyers in those price ranges,” said Eddie Campos, the president of Northwest Ohio Realtors and an associate at RE/MAX Preferred Associates. “I

Inventory 433

Inventory Buyers Agents Inspection 433

National Association of Realtors

JANUARY 24, 2022

The fraction of buyers who are waiving appraisal and inspection contract contingencies has been trending downwards in recent months, with REALTORS® saying that 19% of buyers waived the inspection contingency in December 2021, down from 27% in July, and 21% waived the appraisal contingency, down from 29% in June.

Inspection 80

Inspection Contracts Realtors Buyers 80

Housing Wire

APRIL 25, 2024

Cincinnati is a great place to live,” said Julie Back , the executive sales vice president of Sibcy Cline Realtors. I think a lot of it has to do with there are just fewer houses available,” said Mark Meinhardt, a senior vice president at Sibcy Cline Realtors. Altos considers anything above a 30 to be a seller’s market.

Buyers 459

Buyers Marketing Inventory Investors 459

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?

Inspection 98

Inspection Appraisal Property Appraisal Real Estate 98

Housing Wire

MARCH 31, 2021

The Bay City Realtor Association reported that 222 homes have already been sold in 2021 – a 7.9% “People come here and they see our prices, and their eyes become saucers,” said Barb Appold, a realtor for Berkshire Hathaway Home Services MI Real Estate. Incredibly, that median listing price of $92,000 is up 15.8%

Buyers 418

Buyers Investors Realtors Agents 418

Housing Wire

FEBRUARY 22, 2024

Notably, property risk calls for thorough inspection, preservation, and maintenance to limit liability. months as of December 2023), and implementing measures to moderate home price appreciation, fostering increased affordability. HW: What are the risk management challenges for REO assets?

Business 435

Business Marketing Real Estate Legal 435

Housing Wire

DECEMBER 6, 2024

How about that pest control service you used for your clients termite inspection? Realtor Property Resource (RPR) Instant local market reports, shareable graphs and reports, neighborhood reports and local insights. Show how much youre in the know by being the one sharing local community events and information.

Real Estate 397

Real Estate Clients Tools Sellers 397

Appraisal Buzz

SEPTEMBER 27, 2021

Becoming a Go-to Appraiser for Realtors during a Confusing Time in the Industry. While this climate is very confusing for many realtors, it’s also an opportunity for appraisers to partner with successful agents in their market to perform pre-listing valuations and valuations for cash buyers.

Real Estate Agent 370

Real Estate Agent Valuation Real Estate Appraisal 370

Housing Wire

MAY 23, 2023

The need to physically inspect each property will be replaced with data or other inspection options in many cases. In the past, real estate data was hidden behind paywalls and subscriptions, and any consumer who wanted to know what was available or what a home sold for had to reach out to a Realtor. Johnson said.

Technology 397

Technology Appraisal Lending Valuation 397

Housing Wire

MAY 14, 2024

In March, first-time buyers were responsible for 32% of sales, up from 26% in February and 28% a year prior, according to data from the National Association of Realtors. Nationwide, the share of buyers who are first-time buyers has risen in recent months. But it isn’t just first-time buyers. They spook easier.

Buyers 448

Buyers Inventory Landlords Real Estate 448

Appraisal Buzz

JULY 26, 2021

being an existing realtor. For example, it is hard to believe that there is not one requirement in “Qualifying Education” for a course or otherwise which teaches an appraiser how to inspect a property. When I first entered the profession 43 years ago, there were several avenues in the way it was accomplished: a.

Appraisal 370

Appraisal Real Estate Inspection Training 370

Housing Wire

OCTOBER 10, 2024

The agent had recommended a sewer scope at the time of inspection, however, due to the expense, the buyer opted not to hire a plumber to inspect the sewer line… big mistake! I considered the bigger picture, saying, “Yes, it was the buyer’s responsibility to inspect the line. Yes, you told them to do the inspection.

Real Estate 448

Real Estate Real Estate Agent Agents Clients 448