Housing Wire

FEBRUARY 7, 2023

The bulletin, issued quietly in mid-January, states that “although seller/servicers assign values to their MSRs, the enterprises [Fannie and Freddie] should have their own processes to evaluate the reasonableness of seller/servicer MSR values.” These differences can cause volatile MSR values.

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Sellers Investors Valuation Finance 321

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.

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Real Estate Agent Real Estate Agents Tools 370

The Robert Weiler Company

APRIL 20, 2021

They are: (1) the asset-based approach; (2) the earning value approach; and (3) the market value approach. The key is to apply the optimal approach for each business, based on the business’s capital structure, management, prospective future earnings, and market value. The market value approach.

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Valuation Business Buyers Market Value 147

Appraisal Partners Blog

SEPTEMBER 24, 2024

Continue reading to see how a CMA is conducted and how it benefits both buyers and sellers. These factors can affect its market value. A well-maintained or updated home may hold more value. A well-maintained or updated home may hold more value. They provide a benchmark for the property’s value.

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Home Value Marketing Market Value Sellers 78

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

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.

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Sellers Buyers Agents Real Estate Agent 55

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

Housing Wire

NOVEMBER 5, 2023

In an ever-changing real estate market, agents are looking for the best way to generate leads. In light of the recent NAR lawsuit outcome , seller leads are even more crucial. Companies like SmartZip can quickly and easily generate a list of potential home sellers based on data, not just a zip code. It’s a great time to sell.

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Real Estate Tools Real Estate Agent Agents 221

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. An error rate refers to the frequency or proportion of errors in a set of data.

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Real Estate Agent Real Estate Sellers Realtors 74

McKissock

DECEMBER 20, 2021

Even before the pandemic, homebuyers and sellers were experimenting with a new, online model of real estate — instant buying, or “iBuying.” However, do-it-yourself home-buying and selling can be overwhelming because buyers and sellers are inundated with information without knowing what to do with it. You’re Needed Now More Than Ever.

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Real Estate Agent Real Estate Agents Sellers 64

Birmingham Appraisal

MAY 21, 2024

Condition and Age of the Property The age and condition of a home directly impact its market value. Renovations and updates can reduce these effects by increasing a home’s market appeal and extending its lifespan. The Local Real Estate Market Understanding the dynamics of the local real estate market is essential.

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Home Value Architecture Renovations Real Estate 75

Padove Appraisal Service

OCTOBER 21, 2017

These sources include the tax assessor, the seller, or the listing agent. The real estate appraiser’s role is to estimate a home’s market value. Appraisers calculate “Gross Living Area,” often referred to as “GLA.” Agents seldom measure houses themselves.

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Real Estate Agent Real Estate Property Taxes Valuation 78

Lamacchia Realty

SEPTEMBER 13, 2022

comparative properties or “comps” is the primary way market values can be indicated, however in a volatile market such as this one in 2022, other factors need to be considered. 2) Under Agreement Date of Sold Properties This is as important as #1 but it is often overlooked by home sellers and agents.

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Inventory Sellers Agents Buyers 74

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

Assurance Financial

APRIL 29, 2021

After the introductory period ends, the rate adjusts based on the market rate on a set schedule. The first number refers to the length of the introductory period, while the second is how often the rate can adjust. Earnest money is a portion of the sale price of the home that a buyer pays upfront, after the seller accepts their offer.

Mortgage 69

Mortgage Insurance Inspection Sellers 69

D Fritz Appraisals

NOVEMBER 16, 2023

A home appraisal is a legal document that determines fair market value for a property. Occasionally, a seller will foot the bill if they are looking to incentivize the sale or demonstrate the potential for subdivision of the plot. What is an Appraisal, and Who Pays for it?

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Appraisal Inspection Appraisal Process Legal 108

Appraisal Today

JULY 1, 2023

Reference Guides for the Restricted Appraisal Update Report and Completion Report to provide guidance on entering information and how it will be displayed. Highest and Best Use vs. Market Value By Timothy Andersen, MAI Excerpts: There are numerous definitions of market value. This link has sample appraisals.

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Appraisal Contracts Market Value Mortgage 89

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

Town & Country Residential Appraisals

JULY 5, 2022

The buyer and seller might have opposing Interests but they equally desire for the sale to close. The buyer obviously wants to have ownership of the home and the seller would like to, for whatever the reason, no longer own the home and either pay off their existing loan and/or walk away with some cash.

Appraisal 58

Appraisal Sellers Agents Real Estate 58

Boston Appraisal

AUGUST 17, 2023

In such cases, appraisals may not reflect the true market value of the property or the fair compensation for the damages. If possible, obtain references or testimonials from previous clients or peers of the appraiser. The appraiser made adjustments to the comps that were not supported by market data or industry standards.

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Clients Appraisal Market Value Property Taxes 78

Chicagoland Appraisal Blog

MAY 13, 2021

Like any other investment, you want to know its value with some reliable degree of accuracy. A home appraisal is an unbiased opinion of a home or property’s value. Real estate professionals or other appraisal experts can help you determine the market value of your home. These terms are often used interchangeably.

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Appraisal Renovations Home Value Real Estate 88

The Robert Weiler Company

OCTOBER 21, 2022

Generally, a commercial real estate appraisal is an unbiased valuation assessment to help you determine the value of a commercial property. The commercial real estate appraiser’s role is to produce an accurate, reliable, and unbiased estimate of the market value of a property.

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Real Estate Appraisal Property Appraisal Valuation 60

McKissock

AUGUST 19, 2020

“It’s so important for sellers to understand that there are only three things in real estate you can control, and those things are marketing, property condition and price,” said Travis Gray, Associate Broker of Coldwell Banker Residential Brokerage in Annapolis, Maryland. Advice for breaking up with difficult real estate clients.

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Real Estate Clients Client Relationships Real Estate Agent 52

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. You know that you are getting the house itself, but what items are the seller going to take with them?

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Real Estate Agent HOA Real Estate Agents 78

Birmingham Appraisal

JANUARY 25, 2023

In this article, I would like to illustrate how a price per square foot adjustment can be calculated from recent sales so that a list price can be based on market data rather than a vague guess. I’ve shown this in the video included in this post so you can refer to it. You’ll see it is pretty straightforward.

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Agents Appraisal Contracts Buyers 85

AmeriMac

MARCH 18, 2021

Before buyers and sellers complete their purchasing, refinancing, or selling process, they must get an appropriate home evaluation. A home appraisal refers to a certified appraiser’s analysis of a home’s worth. Typically banks only issue a loan up to the fair market value of a house.

Appraisal 36

Appraisal Property Taxes Buyers Sellers 36

AmeriMac

MARCH 18, 2021

Before buyers and sellers complete their purchasing, refinancing, or selling process, they must get an appropriate home evaluation. A home appraisal refers to a certified appraiser’s analysis of a home’s worth. Typically banks only issue a loan up to the fair market value of a house.

Appraisal 36

Appraisal Property Taxes Buyers Sellers 36

Lamacchia Realty

SEPTEMBER 5, 2023

Ask that agent to refer you to a trusted REALTOR®, likely within their brokerage, to handle this transaction to mitigate any of those concerns. If you’re interested in finding out the current market value of your home, click here for our free and instant home evaluation tool.

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Realtors Real Estate Agents Open Houses 74

AmeriMac

JANUARY 28, 2021

An appraisal is a perfect way to determine your home’s fair market value. It is the main reason homeowners get an appraisal before putting their house on the market. As a buyer, your main objective is to ensure that the appraisal reflects your home’s value without artificial inflation.

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Appraisal Inspection Market Value Buyers 36

AmeriMac

FEBRUARY 25, 2021

In this way, FHA can determine the selected properties’ market value, thus finding out whether the house is worth financing or not. FHA loans refer to mortgages insured and offered by the Federal Housing Administration. Instead, you may: Request the seller to lower the price of the home to match market values.

Appraisal 36

Appraisal Appraisal Process Insurance Market Value 36

AmeriMac

JANUARY 28, 2021

An appraisal is a perfect way to determine your home’s fair market value. It is the main reason homeowners get an appraisal before putting their house on the market. As a buyer, your main objective is to ensure that the appraisal reflects your home’s value without artificial inflation.

Appraisal 36

Appraisal Inspection Market Value Buyers 36

AmeriMac

FEBRUARY 25, 2021

In this way, FHA can determine the selected properties’ market value, thus finding out whether the house is worth financing or not. FHA loans refer to mortgages insured and offered by the Federal Housing Administration. Instead, you may: Request the seller to lower the price of the home to match market values.

Appraisal 36

Appraisal Appraisal Process Insurance Market Value 36

Appraisal Today

JUNE 21, 2024

To read the listing, plus a video tour and 22 photos, Click Here An open letter to overpriced sellers And some fun memes ;> June 12, 2024 By Ryan Lundquist Excerpts: Yes, the above top image is a Xena Warrior Princess meme. Therefore, a neutral appraiser was needed to estimate its market value, so as to determine the price and penalty.

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Appraisal Architecture Contracts Design 73

PennyMac

OCTOBER 10, 2023

A home appraisal is an unbiased report on the value of your home performed by a trained and state-licensed individual. Appraisals are an essential part of the home financing process, ensuring the homebuyer, seller and mortgage lender each have an impartial, consistent and accurate assessment of the value of the property under consideration.

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Appraisal Real Estate Agent Renovations Home Value 69

Eppraisal

DECEMBER 20, 2022

Whether you are a home buyer or seller, the real estate transaction can sometimes be tricky to navigate. You can then have automated emails sent to you once those home types come onto the market. Your agent will guide you through the process and present the offer to the seller's agent on your behalf.

Real Estate 36

Real Estate Buyers Inspection Real Estate Agent 36

AmeriMac

MARCH 18, 2021

Before buyers and sellers complete their purchasing, refinancing, or selling process, they must get an appropriate home evaluation. A home appraisal refers to a certified appraiser’s analysis of a home’s worth. Typically banks only issue a loan up to the fair market value of a house.

Appraisal 28

Appraisal Property Taxes Buyers Sellers 28

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. Opening Escrow and Earnest Money After an offer is accepted, the listing broker or the seller’s agent will initiate the escrow account opening process.

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Inspection Real Estate Agent Sellers Legal 36