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].

Real Estate 435

Real Estate Business Agents Sellers 435

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?

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Inspection Appraisal Property Appraisal Real Estate 98

Housing Wire

JULY 1, 2021

We’ve found that many people care more about public spaces than private spaces,” says Katie Lambert, an interior designer with Lambert Home, referring to different living areas in a home. Anything the seller can do to minimize the work buyers need to put into the home can help add to its value.

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Renovations Valuation Appraisal Investing 448

Housing Wire

AUGUST 3, 2023

They repeat the mantra “Home buyers and sellers will always need a real estate agent.” Creating new content, whether in the form of text, photos, videos or computer code, is referred to as generative AI. After the agent explains how a chatbot works and the benefits it offers, the agent can let the sellers experience it themselves.

Real Estate Agent 370

Real Estate Agent Real Estate Agents Tools 370

Miller Samuel

APRIL 29, 2020

Meeting of the minds (also referred to as mutual agreement, mutual assent, or consensus ad idem) is a phrase in contract law used to describe the intentions of the parties forming the contract. In particular, it refers to the situation where there is a common understanding in the formation of the contract.

Contracts 195

Contracts Real Estate Agent Inspection Law 195

Lamacchia Realty

JANUARY 20, 2022

THERE IS NO PASS OR FAIL WITH HOME INSPECTIONS. A home inspection is an important part in the home buying process, however a common misconception is that it is a pass or fail type of inspection. What is a Home Inspection? After an inspection, it is important for a buyer to not get caught up in the “little things”.

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Inspection Buyers Sellers Realty 74

Genworth MI Blog

AUGUST 31, 2022

Enact’s David Foster recently spoke with MortgageOrb about how the COVID-19 pandemic impacted inspections and appraisals, the changes we see today, and other appraisal factors to consider. Q: How have inspections and appraisals been impacted since the beginning of the COVID-19 pandemic?

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Inspection Appraisal Marketing Appraisal Process 78

Raleigh Realty

AUGUST 17, 2021

Whether you are a first-time home buyer or you're buying again, you will want to know how Due Diligence and Earnest Money impact you as a buyer or seller in North Carolina The following article is going to be regarding Due Diligence, Due DIligence fees, and Earnest Money in North Carolina Real Estate. Due Diligence: What Is it?

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Real Estate Real Estate Agent Contracts Inspection 148

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 88

Raleigh Realty

FEBRUARY 24, 2022

"Under contract" is one of them, which is exactly what it sounds like: a prospective seller and a buyer have entered into a process where they've agreed to not only the terms of the contract but other important factors like the sale price, the closing date, contingencies and more.

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Contracts Real Estate Sellers Real Estate Agent 147

Cleveland Appraisal Blog

APRIL 21, 2022

Sellers want to capitalize on how much they can sell their homes for. By the way, when I use the term “crazy” in this post, I’m referring to personality clashes between two individuals and not to a mental condition that one may be suffering from. They take a lot of work after the inspection is completed.

Market Value 354

Market Value Appraisal Agents Real Estate Agent 354

Lamacchia Realty

JANUARY 18, 2022

Contingent is the status you’ll see on a listing once a seller accepts a buyer’s offer. Contingencies refer to unforeseen possibilities in the future that can affect the value of a home and the purchase process. Home Inspection When you’re considering purchasing a home, you’ll need to get a home inspection done.

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Inspection Sellers Buyers Realty 74

Raleigh Realty

MARCH 23, 2021

The question should I sell my home for sale by owner or without a Realtor® is likely one asked by every home seller with the thought of trying to save money. It's important to reverse engineer the sales process as a seller as you will want to understand who your target buyer is and that is likely someone working with a Realtor.

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Real Estate Agent Real Estate Realtors Contracts 133

Lamacchia Realty

MAY 18, 2021

This means negotiating the terms of contracts, closing costs, home inspections, and so much more. Review References. When you go to an interview, your potential employer asks for references from past jobs to get a better idea of what they can expect if they hire you. Seller Resources. Additional Resources. Read More ».

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Real Estate Agent Real Estate Agents Realty 73

McKissock

JULY 26, 2022

Requests to sellers to pay closing costs. Timeliness and types of inspections. Regardless of the strengths and weaknesses of the competing offers, the seller can only negotiate one offer at a time until there is a binding contract. If the seller does not find the initial offer acceptable (e.g., Inspections.

Real Estate 81

Real Estate Counter Offer Buyers Inspection 81

McKissock

JULY 19, 2022

Red Flags: The seller demands payment upfront. Sellers are often on a time crunch to get properties locked into a contract, which leaves little time to properly deal with the unexpected. While many sellers are respected professionals and would fully fix the issue before listing, it doesn’t hurt to do your research as a buyer.

Real Estate 98

Real Estate Real Estate Agent Sellers Agents 98

CA Realty Training

MARCH 22, 2021

The Buyer’s Inspection Advisory (BIA) is a disclosure that is included with the Residential Purchase Agreement (RPA) when you make an offer on a home. Simply put, it is advising the buyer to have a professional inspect the property. In this case, the Buyer Inspection Advisory is for the buyer. SQUARE FOOTAGE, AGE, BOUNDARIES.

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Inspection Real Estate Agent Real Estate Clients 36

San Jose Real Estate

SEPTEMBER 23, 2024

What is a seller concession? This refers to anything that the seller gives or grants to the buyer. Sellers are not the only ones who can grant concessions, but right now it’s in the news more due to changes this year in how we sell real estate and the forms and clauses we use to do so.

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Sellers Counter Offer Buyers HOA 36

Raleigh Realty

FEBRUARY 19, 2022

If you start shopping homes for sale in all different locations you'll never build a proper frame of reference to understand what constitutes a great deal, a good deal, and a lousy deal. Home inspections This should be a necessity for anyone who is buying real estate. He recommended I call an HVAC specialist, so I did.

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HOA Real Estate Buyers Construction 148

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

Lamacchia Realty

JULY 21, 2021

The term Chinese Drywall refers to defective drywall that was imported from China and has caused an environmental health issue. So, if you’re purchasing a home that was built after August of 2004, it’s best to check with the seller and their agent about the drywall. Do Sellers Need to Disclose this Drywall?

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Realty Inspection Sellers Real Estate Agent 69

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.

Sellers 55

Sellers Buyers Agents Real Estate Agent 55

D Fritz Appraisals

NOVEMBER 16, 2023

The appraisal process includes an inspection of the property and research of comparable properties in the local area by a qualified professional. For more information on what a home appraisal inspection consists of and how value is determined, see our previous blog post – ‘Home Appraisals – What They Look For.’

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Appraisal Inspection Appraisal Process Legal 108

Assurance Financial

APRIL 29, 2021

The first number refers to the length of the introductory period, while the second is how often the rate can adjust. A base rate is the interest rate used as a reference point when setting the rate for an ARM or another loan with a variable rate. If the buyer backs out of the sale, the seller gets to keep the earnest money.

Mortgage 69

Mortgage Insurance Inspection Sellers 69

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

Eppraisal

DECEMBER 23, 2022

We'll now dissect the entire real estate transaction from the perspective of the seller. If a buyer calls you directly or knocks on your door, refer them to your listing agent. Inspection Period After the contract is signed and delivered to all parties, it becomes a fully executed contract.

Real Estate 36

Real Estate Sellers Inspection Contracts 36

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

Appraisal Today

SEPTEMBER 22, 2023

To me, the big issue is who is doing the inspections. A buyer gets a seller’s disclosure statement for that information. Most of the inspection training we receive as appraisers happens in the field. The guy I followed around on appraisal inspections didn’t really take the time to explain what he was doing.

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Appraisal Training Inspection Real Estate 90

Boston Appraisal

DECEMBER 11, 2023

The appraisal process is important for homeowners, buyers and sellers. The appraiser will use the information provided as a reference, but they will also conduct their own research and inspection of the property and verify the accuracy and validity of all the data.

Appraisal Process 78

Appraisal Process Real Estate Appraisal Easement 78

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

Appraisal Today

JANUARY 31, 2025

Keep it as a reference for the future when you may need to use the Cost Approach. Other risks include getting injured during an inspection, plus the risks we all have of a serious medical problem, such as cancer. This may impact prospective buyers and sellers as we get into spring. This article explains when and why.

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Appraisal Contracts Real Estate Insurance 64

Raleigh Realty

MARCH 29, 2021

With everything from securing a loan to dealing with the home inspection, a home buyer has a lot to handle. Refinancing refers to when a homeowner replaces the current loan package with a new one. Getting pre-approved tells the seller that you're serious. You'd be using your new loan to pay off what remains of the old loan.

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Government Real Estate Agent Insurance Property Taxes 148

Raleigh Realty

MAY 3, 2021

Keep Your Credit Utilization Low Credit utilization refers to how much of your credit card limits you're spending. Pre-approval provides you and the seller a sense of how much house you can buy. If you are wondering if a home inspection is worth the cost, the answer is. Ideally, you want this number to be low — under 30.

Real Estate Agent 78

Real Estate Agent Real Estate Inspection Insurance 78

Raleigh Realty

AUGUST 27, 2021

It lets sellers know that you are serious about purchasing their home and that you have done the work to be in good financial standing. Sellers want to know that you will be able to follow-through with the purchase of their home. Inspection - Why do we conduct a home inspection once you have made an offer on a home?

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Real Estate Agent HOA Real Estate Agents 78

Eppraisal

DECEMBER 20, 2022

Whether you are a home buyer or seller, the real estate transaction can sometimes be tricky to navigate. The Multiple Listing Service Most real estate agents are members of a local listing service referred to as the multiple listing service (MLS). Be prepared to negotiate with the sellers to make the final contract a win-win.

Real Estate 36

Real Estate Buyers Inspection Real Estate Agent 36

PennyMac

AUGUST 31, 2024

In real estate, "closing" refers to the final step in the home-buying process. Mutual Acceptance of the Offer After negotiation, the buyer and seller agree on the final property price. Home Inspection The home inspection helps identify any potential property issues. Congratulations!

Inspection 36

Inspection Real Estate Agent Sellers Legal 36

Lamacchia Realty

JANUARY 27, 2023

This extensive report breaks down average prices, sales, inventory, listings and pending sales for Broward, Miami Dade, and Palm Beach counties for the 2022 market performance as compared to 2021 and even has data for a few years prior to provide you with a reference point.

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Inventory HOA Insurance Buyers 67