Appraisal Buzz

OCTOBER 4, 2024

It might go without saying that a junk-cluttered yard does a home seller no favors—in fact, six in 10 real estate agents estimate that an unkempt front yard decreases a property’s value by 20% or more. What if a neighbor is the clutter-collecting culprit—could the adjacent property take a home-value hit?

Home Value 397

Home Value Real Estate Agent Sellers Real Estate 397

Housing Wire

DECEMBER 2, 2021

But the division produced a $421 million loss before taxes, and analysis from KeyBanc and industry analyst Mike DelPrete as well as anecdotes from real estate agents indicated Zillow paid more than market value for homes. .

Inventory 459

Inventory Real Estate Agent Investors Market Value 459

Housing Wire

FEBRUARY 14, 2024

“I get tons of emails every day from investors looking for properties, but of course, they only want homes that are under market value, which are hard to come by. When they find those properties, they pile in,” Carrie Caruthers, a Redfin real estate agent in Riverside County, California, said in the report.

Real Estate 521

Real Estate Investors Real Estate Agent Market Value 521

Housing Wire

NOVEMBER 5, 2024

The removal of offers of buyer broker compensation from most MLSs across the country — as mandated by the National Association of Realtors’ (NAR) commission lawsuit settlement agreement — was a massive change for real estate agents and brokers. But they aren’t the only housing professionals impacted by these changes.

Appraisal 370

Appraisal Business Real Estate Agent Real Estate 370

Housing Wire

MAY 18, 2021

The number of days on the market before an offer is accepted is usually six days, and everyone knows it’s going to sell above market value.” cities determined that Seattle is the top market for real estate agents to currently work in. . “That’s incredibly strong appreciation.

Real Estate 468

Real Estate Marketing Real Estate Agent Agents 468

Cleveland Appraisal Blog

APRIL 21, 2022

Could being located next to a property that is an eye-sore cause a loss in market value to your home? Part of our work as appraisers is to consider whether situations like this are influencing the market value of the home we are appraising. Of course, that’s not the same as market value.

Market Value 357

Market Value Appraisal Agents Real Estate Agent 357

Cleveland Appraisal Blog

MAY 26, 2023

Because in both instances, they first had their homes valued by real estate agents, not appraisers. But the owner felt that a real estate agent could do the same type of valuation as an appraiser. And the agent they initially used was less expensive than hiring a certified appraiser.

Appraisal 309

Appraisal Real Estate Agent Real Estate Valuation 309

Housing Wire

SEPTEMBER 6, 2024

The four firms in question all had joint ventures (JVs) or affiliated business arrangements (ABAs) in which real estate agents, who were also business referral sources, were investors. or divest real estate agents from their ownership interests. Thus, a JV could comply with the D.C. illegal.”

Insurance 459

Insurance Real Estate Agent Law Real Estate 459

Housing Wire

MARCH 1, 2023

The API integration will allow lenders to bring product offerings to open houses, allowing them to engage borrowers “earlier in the lifecycle,” and will also enable lenders to better support co-marketing partners like real estate agents and loan officers.

Real Estate Agent 370

Real Estate Agent Technology Open Houses Loan Officers 370

Housing Wire

JANUARY 3, 2023

It may be that many of the loan originators and real estate agents calling for major changes to the VA appraisal process are be those with the least amount of first-hand experience with the VA product. When it comes to establishing market value, I think the VA appraisal at present determines this as well as any other.

Modernization 83

Modernization Real Estate Agent Appraisal Process Reconsideration of Value 83

Housing Wire

JUNE 1, 2021

a company with a market value of nearly $700 billion. The daughter of a real estate agent, Budnick first went into finance, working with Bank of America. BHHS is a separate entity from the HomeServices of America brokerage , though that brokerage’s CEO, Gino Blefari, also serves as board of chairman for BHHS.

Real Estate Agent 344

Real Estate Agent Brokerage Real Estate Realty 344

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.

Marketing 435

Marketing Real Estate Agent Clients Tools 435

Housing Wire

OCTOBER 9, 2023

And third, the only thing of value that the referring party may receive is a return on an ownership interest. What the investigators are finding — not in every case, but in a majority of the cases — is that the investment is proper and they are paying fair market value for the investment.”

Real Estate 468

Real Estate Insurance Real Estate Agent Brokerage 468

Housing Wire

NOVEMBER 2, 2021

The prior announcement was stunning in its own right, and led to revelations that the company bought homes for well above market value, and re-listing homes for less than what they were bought for. The purchase has triggered a Federal Trade Commission inquiry regarding Zillow’s array of agent and consumer data.

Market Value 418

Market Value Real Estate Agent Agents Business 418

Housing Wire

JULY 17, 2023

Scammers pose as property owners and contact a real estate agent to list the property for sale. The listing price of the property is typically set below the current market value to generate immediate interest in the property. The identity of the landowner is also obtained through these public records searches.

Sellers 370

Sellers Real Estate Agent Real Estate Insurance 370

Miller Samuel

NOVEMBER 30, 2018

As we say in the petition , this change can impact several groups in particular: consumers, the taxpayers, the housing market and appraisers. One group not explicitly mentioned in the petition but impacted down the road are real estate agents and brokers.

Appraisal 300

Appraisal Inspection Real Estate Agent Agents 300

Appraisal Buzz

MAY 20, 2024

If multiple offers come in, the parties can get into a bidding war, driving the price up beyond what the market typically sustains. One excellent resource is local real estate agents. Pressure to Appraise at Buying Cost When buyers enter bidding wars, the market value might not align with the property’s cost.

Appraisal 370

Appraisal Marketing Valuation Sellers 370

Realtor

APRIL 14, 2025

Getty Images Once you decide to put your home on the market , an appraisal is essential. An appraisal can help determine your home’s market value and ensure that both buyers and lenders dont overpay. While the hope is that your home appraisal comes in at your ideal selling price, low appraisals do occur.

Sellers 87

Sellers Appraisal Reconsideration of Value Real Estate Agent 87

Housing Wire

OCTOBER 17, 2023

And servicers may want to suggest homeowners contact a real estate agent if the distressed homeowner is considering selling their home.” Ethical concerns even arose for licensed real estate agents who approached distressed homeowners to list properties even though those agents were also representing prospective buyers.

Retail 435

Retail Buyers Market Value Real Estate Agent 435

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?” ” “The definition of market value.” ” “How value is derived.”

Real Estate Agent 97

Real Estate Agent Real Estate Agents Appraisal 97

Appraisal Hub

MAY 5, 2024

Over the years, I’ve come to appreciate the symbiotic relationship between appraisers and real estate agents. In this blog, I aim to provide valuable insights and tips from an appraiser’s perspective, empowering real estate agents to navigate the appraisal process with confidence.

Real Estate Agent 78

Real Estate Agent Real Estate Agents Appraisal Process 78

Birmingham Appraisal

JUNE 13, 2023

Appraisal Tips For Real Estate Agents As a real estate appraiser with over 30 years of experience, I have seen many changes and challenges in the appraisal profession and the real estate market. I believe that appraisers and agents have a common goal: to help their clients buy or sell a home.

Real Estate Agent 87

Real Estate Agent Real Estate Agents Reconsideration of Value 87

Appraisal Buzz

SEPTEMBER 26, 2022

We have rules, we have standards, and we all know the exact definition of value. The “official unofficial” government-related loan definition of market value is clear. Also part of the definition: Reasonable market exposure time. As an appraiser, I had to look at what I had spent a lifetime doing: “Find market value.”

Market Value 321

Market Value Sellers Buyers Finance 321

Birmingham Appraisal

JUNE 21, 2023

Appraisals provide an objective assessment of a property’s worth, ensuring accurate market value and facilitating successful transactions. Real estate agents, as trusted guides for their clients, must possess a good understanding of the factors that influence property appraisals.

Real Estate Agent 85

Real Estate Agent Real Estate Agents Appraisal 85

Appraisal Buzz

OCTOBER 3, 2022

I can see why loan officers, real estate agents, or buyers might push back on appraisers’ conclusions. The second thing, and most everyone who is tracking this data already knows this, is that this data and the indexes that spring from them are all lagging indicators of the health of a given market.

Appraisal 370

Appraisal Marketing Real Estate Inventory 370

Cleveland Appraisal Blog

AUGUST 20, 2021

If you’re not an appraiser, if you are trying to figure out the value of a home, chances are good that you use a price per square foot metric. That way of measuring the market can lead to an opinion of value that is in the ballpark of a home’s market value. However, oftentimes, it does not. .

Appraisal 418

Appraisal Market Value Contracts Agents 418

Housing Wire

MAY 25, 2021

But there’s growing evidence that non-appraisers can perform high-quality data collection that ultimately empowers the appraiser to focus on what they do best: analysis, research, and determining market value. Real estate agents in particular understand local properties extremely well.

Appraisal 370

Appraisal Valuation Real Estate Modernization 370

Lamacchia Realty

MARCH 17, 2023

WHAT IS THE DIFFERENCE BETWEEN ASSESSED VALUE AND MARKET VALUE? Two terms that often come up when buying or selling property are assessed value and market value. While these terms may seem similar, they actually represent two different values that can affect the pricing of a property.

Market Value 74

Market Value Marketing Real Estate Agent Real Estate 74

Housing Wire

APRIL 5, 2024

Altos considers anything above a Market Action Index of 30 to be a seller’s market. While the San Francisco-Oakland-Fremont housing market may be decently hot, local real estate agents feel that it could be hotter. In comparison, Seattle-Tacoma-Bellevue , the top-ranked metro area, had a score of 64.53.

Housing Market 459

Housing Market Marketing Inventory Sellers 459

Housing Wire

MAY 26, 2023

Then, posing as the property owner, the scammer contacts a real estate agent to list the property. The property is then listed, typically below market value to generate interest in the listing. Oftentimes this leads to the discovery of vacant lots.

Sellers 397

Sellers Real Estate Realtors Real Estate Agent 397

Cleveland Appraisal Blog

MARCH 30, 2021

Within the past couple of weeks, I have appraised several properties for purchases, where my opinion of the market value of these homes was significantly below the contract price. I also developed the replacement value, and I had comparable land sales from the neighborhood. Does this seem healthy to you?

Housing Market 368

Housing Market Marketing Reconsideration of Value Appraisal 368

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. Market data about the area, an invitation to an upcoming open house, or info about a coming soon listing nearby are all great items of value.

Real Estate 468

Real Estate Open Houses Agents Sellers 468

McKissock

DECEMBER 20, 2021

Hiring an expert is still preferred, and, in a 2020 study, more than half of buyers said that real estate agents helped them glean more information than they otherwise would have from online portals, saving significant amounts of time, money, and stress. How Can Real Estate Agents Help Online Buyers and Sellers?

Real Estate Agent 64

Real Estate Agent Real Estate Agents Sellers 64

PennyMac

JULY 20, 2021

Whether you are buying or selling a home, your real estate agent will be your partner through one of the most significant transactions of your life. Finding the right agent should involve careful planning and research, but many of us just don’t know where to start. How long have you been working as a real estate agent?

Real Estate Agent 69

Real Estate Agent Real Estate Agents Sellers 69

Housing Wire

NOVEMBER 5, 2023

Geographic targeting The core idea of circle prospecting is geographic targeting, where real estate agents focus their marketing and outreach efforts on a specific neighborhood or area. This could be in the form of market updates, home maintenance tips, community news, or other helpful information.

Real Estate 221

Real Estate Tools Real Estate Agent Agents 221

Realtor

OCTOBER 29, 2020

Most purchase agreements have contingencies —things that buyers must do before the real estate transaction is official, explains Jimmy Branham , a Coral Springs, FL, real estate agent at the Keyes Company. As the home buyer of this piece of real estate, you’re entitled to choose the title company.

Buyers 208

Buyers Inspection Contracts Real Estate Agent 208

Housing Wire

DECEMBER 16, 2021

When this article was published, the unemployment rate is at 4.2%, inflation is above 6%, and both stock market and housing market values are elevated. trillion in 2022, perhaps the bigger shift is the transition from a refi to a purchase market. However, while total origination volume is forecast to drop from $3.9

Marketing 482

Marketing Mortgage Supply Chain Inventory 482