Housing Wire

AUGUST 28, 2023

In a shrinking mortgage market, fee pressures are the main challenge for appraisers, according to a new survey from the National Association of Realtors. Meanwhile, 39% said they had challenges finding sellers.

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Appraisal Logistics Valuation Appraisal Process 370

Housing Wire

JANUARY 13, 2022

NAR data shows that first-time buyers have overcome rising home prices to patch together a downpayment, through diversifying their downpayment source, using savings, downpayment help from family and friends and stock market/401k loans to assist in their path to ownership. This is up from 85% one year ago. Familial dynamics.

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Buyers Inventory Landlords Housing Market 488

Realtor

AUGUST 7, 2019

“The collateral for the loan is the home, so lenders require an independent appraiser to inspect it and advise on its value,” explains Michael Drake , president of PMG Home Loans. And they may not accept an appraisal that the seller did at the time of listing.”. Appraisal value isn’t always the same as market value.

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Sellers Appraisal Market Value Real Estate Agent 111

Cleveland Appraisal Blog

JANUARY 5, 2023

Sellers are starting to realize that we are no longer in the same market as we were in 2020-2022. The next few months will really be telling about what’s happening in our market. How much of their list price can sellers expect to see in future months? The cover picture was taken by HER Realtors.

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Housing Market Marketing Appraisal Inventory 374

Realtor

AUGUST 7, 2019

“The collateral for the loan is the home, so lenders require an independent appraiser to inspect it and advise on its value,” explains Michael Drake , president of PMG Home Loans. And they may not accept an appraisal that the seller did at the time of listing.”. Appraisal value isn’t always the same as market value.

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Sellers Appraisal Market Value Real Estate Agent 78

Empire Appraisal Group

JULY 14, 2022

Equity rich means that the combined estimated amount of the loan balance on the home was no more than 50% of the home’s estimated market value. Homeowners continue to benefit from rising home prices,” says Rick Sharga, executive vice president of market intelligence for ATTOM. The post Sellers’ Market Peak?

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Sellers Marketing Market Value Realtors 78

D Fritz Appraisals

MAY 13, 2024

Professional staging services can be employed for those seeking expert guidance, although many sellers undertake this process. Either way, the goal remains the same: to make the home appear as attractive and welcoming as possible, thereby making it stand out in the competitive real estate market of British Columbia.

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Real Estate Buyers Sellers Appraisal 122

Raleigh Realty

FEBRUARY 24, 2022

Here’s how it works: Sellers enter their address and describe various features in their homes such as new cabinets, refurbished flooring, upgraded appliances, the home’s square footage, etc. After providing all the necessary details, Opendoor sends an all-cash offer to the seller. Within 24 hours, Opendoor sends them an offer price.

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Real Estate Agent Real Estate Sellers Inspection 113

McKissock

OCTOBER 3, 2021

As a wholesaler, you need to find a property for sale, acquire a contract from the seller, identify a buyer, and assign the contract to him or her. For a number of reasons: As a realtor, you will have access to many more properties for sale than a regular investor. How the fix-and-flip investment strategy works.

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Investing Real Estate Real Estate Agent Realtors 87

Birmingham Appraisal

JANUARY 29, 2025

An appraiser might uncover that a home sold for less due to deferred maintenance or for more because of seller concessions. By confirming these details, appraisers ensure their valuation reflects true market conditions and gives clients the reliable information they need to make confident decisions.

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Appraisal Appraisal Process Valuation Buyers 63

Raleigh Realty

FEBRUARY 19, 2022

Like making counter-offers and going through the home inspection process, the home appraisal can be a sticking point between buyer and seller. A home appraisal determines the fair market value of a home. Time and energy have been spent and now the seller knows just how much they can reasonably expect from traditional buyers.

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Appraisal Process Appraisal Construction Sellers 139

Lamacchia Realty

JUNE 20, 2023

Real Estate Transfer Tax Defined To break the term down further, real estate transfer taxes, (also referred to as a deed transfer tax, stamp tax, or conveyance tax) is a one-time fee paid to the city, county, or state when ownership transfers from the sellers to the new owner of the property. Who Pays the Real Estate Transfer Tax?

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Real Estate Sellers Buyers Market Value 74

Lamacchia Realty

FEBRUARY 21, 2023

“The Zestimate® home valuation model is Zillow’s estimate of a home’s market value. A Zestimate incorporates public, MLS and user-submitted data into Zillow’s proprietary formula, also taking into account home facts, location and market trends. Zillow doesn’t have the ability to reason like a REALTOR® does.

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Real Estate Agent Real Estate Sellers Realtors 74

Quicken Loans

JUNE 3, 2021

The most successful realtors and agents are finding ways to incorporate technology into their practices to increase their efficiency and draw in more clients, but the rising popularity of iBuying platforms has led to a whole new wave of trepidation. Offerpad will even pay for professional movers when sellers relocate locally.

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Sellers Buyers Agents Real Estate Agent 55

Glascock Company

DECEMBER 11, 2020

If you are looking to sell your property, you’ve probably wondered whether to list it for sale by owner (FSBO) or through a realtor. While there are plenty of benefits to both, there is one alternative that could flip the sale faster and without much stress on you as the seller. There are No Contingencies. That’s right!

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Sellers Inspection Real Estate Buyers 78

Lamacchia Realty

OCTOBER 13, 2022

Sellers and their agents use comps to help determine a proper list price for a property. Closed comparable sales, also known as ‘comps,’ are used to approximate market value for residential properties. Comps in the Post-COVID Market. The market dynamics are changing quickly and drastically in this post-COVID world.

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Marketing Sellers Buyers Market Value 74

National Association of Realtors

AUGUST 1, 2023

The answer to who can set market value involves buyers, sellers—and the very definition of “value.”

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Home Value Market Value Appraisal Sellers 69

Eppraisal

FEBRUARY 7, 2023

How to Market Raw Land For those who see a profit in selling raw land to developers or other interested parties, getting the most money for the lot is attained through optimal marketing. First of all, sellers need to know who shops for vacant land, as noted above.

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Development Sellers Legal Home Value 69

Appraisal Partners Blog

DECEMBER 2, 2019

Not only can getting the price just right help you to increase your chances of a timely sale and prevent your home from stagnating on the market for too long, but it can also help to ensure that you’re getting as much as possible for your property. But Can’t My Realtor Determine My Home’s Value?

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Appraisal Realtors Real Estate Agent Inspection 78

Lamacchia Realty

OCTOBER 17, 2024

PRICE ADJUSTMENTS AND THE 2024 MARKET In 2023, it was clear that the market was continuing to adjust from the frenzied post-pandemic scene in the early 2020s. Many sellers are holding the line, and buyers continue to face competition. Sellers create demand with accurate pricing and aggressive marketing.

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Bracketing Marketing Sellers Buyers 74

Realtor

OCTOBER 31, 2017

Kenishirotie/iStock It’s disheartening when a house appraisal comes back lower than the purchase price you and the seller agreed on. Your loan will cover only the appraised value of the home, so having to cover tens of thousands of dollars more than you anticipated could throw a serious wrench in the plan. Get another opinion.

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Appraisal Sellers Real Estate Finance 78

Realtor

OCTOBER 31, 2017

Kenishirotie/iStock It’s disheartening when a house appraisal comes back lower than the purchase price you and the seller agreed on. Your loan will cover only the appraised value of the home, so having to cover tens of thousands of dollars more than you anticipated could throw a serious wrench in the plan. Get another opinion.

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Appraisal Sellers Real Estate Finance 78

Birmingham Appraisal

JUNE 13, 2023

This can create challenges for both agents and appraisers, especially when it comes to determining the market value of the property. As an agent, you might think that multiple offers are a clear indication of market value and that the highest offer should be accepted as such.

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Real Estate Agent Real Estate Agents Reconsideration of Value 87

The Robert Weiler Company

SEPTEMBER 18, 2022

Any loan for a property is based on the appraisal value. As a land buyer, owner, or seller, understanding the true market value of the real estate in question is important. Buying land can turn into a lucrative investment, just as selling land can bring the seller a high return on their investment.

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Appraisal Valuation Real Estate Market Value 78

Town & Country Residential Appraisals

JULY 29, 2024

Recently, a class-action lawsuit was filed by several home sellers in Missouri against the National Association of Realtors (NAR) and prominent real estate brokerages, including Berkshire Hathaway, Keller Williams, and RE/MAX. These changes raise important questions: Do they affect the market value of properties?

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Real Estate Sellers Contracts Market Value 49

Appraisal Partners Blog

NOVEMBER 27, 2019

Many people make the mistake of not determining the value of their home, or even find out after an offer has been accepted. While many opt for a realtor, a realtor will, of course, receive monetary gain if you are purchasing via a seller paid commission. A professional appraisal report can help you to gain just that!

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Appraisal Sellers Realtors Valuation 78

Lamacchia Realty

JUNE 21, 2022

For the past few years, with inventory at historically low levels , sellers were coming pretty close to naming their price and buyers were paying. The low rates made it possible to offer more on a home as the cost of borrowing was lower and therefore, sellers weren’t the ones competing, buyers were. The same will be true for sellers.

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Housing Market Bracketing Marketing Sellers 69

Lamacchia Realty

MARCH 28, 2023

We are starting to see more sellers list their homes, which increases the supply and provides more options for buyers, resulting in less competition in the market. Sellers should list their homes as soon as possible to get the most for their home! As more sellers enter the market, multiple offers are expected to decrease.

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Sellers Buyers Inventory Real Estate 71

Lamacchia Realty

OCTOBER 25, 2023

PRICE ADJUSTMENTS AND THE 2023 MARKET In March 2022, it was clear that the market was changing from a frenzied post-pandemic scene to one where it was assumed that rising mortgage rates would slow it down and help inventory finally rise back up. Fewer sellers need to adjust their price because, again, it’s a seller’s market.

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Bracketing Marketing Sellers Buyers 74

Lamacchia Realty

APRIL 17, 2024

If you’re thinking about selling your house, one upgrade that can increase your home’s resale value is hardwood flooring. While some sellers may renovate a bathroom or do small improvements to make the home feel new , don’t overlook the power of a fresh hardwood floor. Trust your REALTOR® to sell your home for what it’s worth.

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Home Value Buyers Realtors Realty 74

Eppraisal

OCTOBER 23, 2023

The seller can reject your bid, make a counteroffer or accept your original proposal. Your response depends on how the seller replies. If the Seller Rejects Your Offer The seller may deny your home purchase offer for various reasons. Your offer will only become legally binding if the seller signs it.

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Real Estate Agent Sellers Inspection Real Estate 69

Lamacchia Realty

AUGUST 3, 2021

Due to the lingering impact of COVID and the log jam it caused in the 2020 spring market , price adjustments were lowest in 2020 and are now even lower in 2021 with supply so tight. It comes with a negative stigma for sellers to hear that a price adjustment is recommended. How do you know your house is overpriced?

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Bracketing Sellers Buyers Inventory 69

Birmingham Appraisal

SEPTEMBER 26, 2023

The market area that the property is located in can definatley support the price but does the price truely reflect the market value of that specific property or does it reflect what a super motivated buyer with available funds is willing to pay? For sellers, this can be appealing, as it may justify a higher asking price.

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Real Estate Agent Real Estate Clients Agents 94

Empire Appraisal Group

AUGUST 12, 2021

Realtor Magazine. Be ready to explain to home buyers and sellers why there may be conflicting reports on a home’s livable space. Many characteristics affect the appeal, marketability, and value of a property. As noted earlier, space contributes to the appeal and marketability of a home. Molitor-Gennrich.

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Sellers Appraisal Development Construction 78

Listing Spark

JUNE 13, 2024

Selling a house without a realtor , known as For Sale By Owner (FSBO), can be a rewarding yet challenging venture. We want to make the process easier for homeowners, so we put together a shortlist of our top tips to selling your home without a realtor in Tennessee. to 3% of your home’s value.

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Realtors Open Houses Legal Real Estate Agent 36

Empire Appraisal Group

JULY 1, 2021

Source: 5 Appraisal Topics Every Agent Should Know | Realtor Magazine. It’s imperative that agents not only understand the fundamentals of the appraisal system but also follow the best practices for communicating with appraisers, especially while navigating today’s market. 5 Appraisal Topics Every Agent Should Know.

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Agents Appraisal Real Estate Realtors 78

Birmingham Appraisal

JUNE 21, 2023

Appraisals provide an objective assessment of a property’s worth, ensuring accurate market value and facilitating successful transactions. Recent Comparable Sales: Appraisers analyze recent sales data of comparable properties in the area to provide a market-derived opinion of value.

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Real Estate Agent Real Estate Agents Appraisal 85