article thumbnail

NAR board votes to leave dues unchanged in 2025

Housing Wire

In selling property they own, or in which they have any interest, Realtors shall reveal their ownership or interest in writing to the purchaser or the purchaser’s representative.” In addition to these two proposed changes, NAR’s delegate body will also consider a new standard of practice the trade groups board voted to include.

Realtors 397
article thumbnail

Compass acquisition could worry some California agents

Housing Wire

Under the agreement, the California Association of Realtors gained “access to a comprehensive suite of tools allowing them to create, manage, negotiate, and close offers on real property, all at no additional cost and integrated with their MLS platforms,” read the March release.

Agents 397
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Value of Words in Valuation

Appraisal Buzz

As a minimum basis, a real property appraisal report written for the government sponsored entities (GSEs) and agencies are what USPAP (Uniform Standards of Professional Appraisal Practice) refers to as Appraisal Reports. I do several reviews every month and most normally fail to meet minimum standards.

Valuation 360
article thumbnail

Remote online notarization is the proper path forward for digital closings

Housing Wire

In business, kaizen refers to activities that continuously improve all functions and involve all employees from the top down. One area in the mortgage and real estate industry that has been evolving for nearly two decades is digital closings. In Japan, the word for “improvement” is kaizen. To date, 37 states and U.S.

Law 468
article thumbnail

7 best real estate schools in Illinois (IL) for 2024

Housing Wire

In addition to online courses, students appreciate that the prelicensing course comes with a complimentary physical textbook to read, highlight, and reference. Covers real estate math, concepts, brokerage, real property, contracts, appraisal, updated TILA/RESPA information & more. Self-paced.

article thumbnail

6 best real estate schools in Washington (WA) for 2024

Housing Wire

Exam Prep: RealEstateU’s Exam Prep course includes sample questions, six practice exams, and lessons connected to the full course for quick reference. Those two courses are: Washington Real Estate Fundamentals (60 course hours). Washington Real Estate Practices (30 course hours).

article thumbnail

What Is a Reconciled Value?

Cleveland Appraisal Blog

Standards Rule 1-5 in the Uniform Standards of Professional Appraisal Practice (USPAP) states that when appraising a real property, an appraiser must : (a) reconcile the quality and quantity of data available and analyzed within the approaches used; and. (b) The quote I am referring to is at the end of this clip.

Appraisal 337