Housing Wire

OCTOBER 15, 2020

StreetEasy , a real estate platform for buying, selling, and renting homes across New York City and New Jersey, has launched StreetEasy Valuation, an AI-powered home valuation tool. In March, realtor.com launched its own automated valuation model, called MyHome, which appears on for-sale and off-market listings on the site.

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Housing Wire

MARCH 22, 2024

With low housing inventory nationwide, agents are using innovative ways to find real estate seller leads and convert them into listings. To help you snag more listings, we updated our list of proven strategies to win more real estate seller leads in 2024. Drive leads to home valuation landing pages It’s the 21st century.

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Housing Wire

NOVEMBER 9, 2020

The idea that it’s a seller’s market also picked up steam last month with the percentage of respondents who said it was a good time to sell a home gaining 3% to 59% in October. Low mortgage rates fuel the demand for valuation and settlement services. But that does still leave an estimated 11.1 million Americans unemployed.

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Housing Wire

JUNE 24, 2021

Buyside’s new feature enables the millions of homeowners who are currently receiving a Home Valuation Report from Buyside, to now see a personalized Home Equity Dashboard. The post Buyside launches a new home valuation pages feature appeared first on HousingWire.

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Sacramento Appraisal Blog

AUGUST 2, 2023

Sellers have been sitting, and it’s been a game-changer for the housing market in 2023. It’s also made valuations more difficult. Today I want to share some stats and talk about appraising in today’s market. Scroll by topic or digest slowly.

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Housing Wire

AUGUST 11, 2023

“The second part of the strategy is to offer a wider variety of valuation options.” From a modernization perspective, we want to promote consistent and fair valuation outcomes, simplify the loan manufacturing process, reduce borrower costs and effectively manage risk. If we can check those boxes, we succeed.

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Housing Wire

MAY 2, 2021

One of the first steps in determining a property’s value is the use of an Automated Valuation Model (AVM). Total Home Value x (THV x ) from CoreLogic is a state-of-the-art AVM built to simplify and standardize valuation through the loan lifecycle. With that said, not every AVM is created equal.

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Housing Wire

JULY 29, 2022

Even though sellers’ median valuations in each of these housing markets grew by an astounding 40% or more over the previous year, only one market, Panama City, Florida, saw a year-over-year increase in the number of homes newly listed for sale. Naples-Immokalee-Marco Island, FL 53.0% -16.7% Bellingham, WA 51.7% -8.3% increase to 6.7%

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Appraisal Buzz

FEBRUARY 3, 2025

The area within which a subject, property competes for the attentions of buyers and sellers. I believe changes in technology and valuation perspectives will keep appraisers relevant in the valuation process and make us better appraisers than weve ever been before. The post There Goes the Neighborhood.

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Appraisal Buzz

OCTOBER 4, 2021

An appraisal falling below the contracted sale price may allow a buyer to renegotiate with a seller, but it could also mean families might miss out on the full wealth-building benefits of homeownership or may be unable to get the financing needed to achieve the American Dream in the first place. “Our

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Housing Wire

JANUARY 13, 2025

Not many companies can provide a holistic solution to sellers of servicing, subservicing, TPO business, etc. Texas-based Xome, a company offering products for title, valuations, field services and asset management, also made expansion moves in 2024. . “We also took over a subservicing business and brought over team members.

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Appraisal Buzz

DECEMBER 9, 2024

By applying these methods, appraisers can provide reliable, accurate valuations that reflect current market conditions and ensure the appraisal’s credibility and acceptance. Active listings also provide insight into current seller and buyer motivations.

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Housing Wire

MAY 20, 2021

Inaccurate appraisals and valuations can impact the type of mortgage financing a potential buyer receives, whether a seller commands a fair value when selling their home, or whether a homeowner has opportunities to tap into home equity. So, what can be done to mitigate bias and inequality in the valuation process?

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Housing Wire

FEBRUARY 28, 2021

Many real estate professionals discount the seller lead. But real estate seller leads are important because they represent commodities for brokers. By using this data, Buyside helps brokers generate and capture seller leads. Real estate brokers need to be able to target these clients effectively, so they can close deals quickly.

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Appraisal Buzz

SEPTEMBER 20, 2021

As a southern California property appraiser, each year I attend Valuation Expo , the country’s largest trade show for real estate appraisers. Buyers and sellers? But they’ll eventually deliver lucidity — allowing buyers, sellers, agents, appraisers, and lenders to plan and budget accordingly. Realtors and Property Appraisers?

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Housing Wire

OCTOBER 2, 2020

Texas-based mortgage lender Caliber Home Loans is the latest mortgage firm to ride the IPO wave, filing paperwork to potentially go public this year at a valuation north of $2 billion, according to a new report. Caliber is also among the 10 biggest GSE sellers, at nearly $34 billion in mortgages through August 2020.

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Housing Wire

JANUARY 22, 2021

The sellers of the stock expect to grant the underwriters a 30-day option to purchase up to 1.875 million shares of the common stock. The post Homepoint’s parent in line for $3B valuation with stock sale appeared first on HousingWire. UWM is valued at $16.1 James Kleimann is the Managing Editor of HousingWire.

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Housing Wire

MAY 16, 2024

The new feature harnesses the capabilities of multimodal artificial intelligence to instantly analyze and summarize complex property documents, including inspection reports, appraisals and seller disclosures. It can also help agents clearly communicate their unique value and services to homebuyers, sellers and others.

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Housing Wire

DECEMBER 27, 2023

The systems outage has derailed closings across the country over the holidays for homebuyers and sellers using the company’s title services in more than 2,000 locations. Homebuyers, sellers and appraisers have been responding to the company’s LinkedIn announcement on the cybersecurity incident, asking for clarification.

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Housing Wire

OCTOBER 16, 2024

The valuation tech company said it will cover any financial loss associated with a repurchase or LLPA adjustment due to an appraisal defect. Seller repurchases of Freddie Mac mortgages rose to $430 million in the second quarter of 2024, a 29.1% By contrast, sellers of loans through Fannie Mae repurchased $268.5

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Appraisal Buzz

JUNE 17, 2024

Understanding the Settlement The lawsuit that prompted this settlement was initiated by seller who felt they were unfairly treated in the real estate commission process. Traditionally, it has been expected that when hiring an agent to assist in selling a home, there would also be a 3% commission to the seller agent.

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Housing Wire

JULY 9, 2021

So much of life radiates from both the location and the valuation of the house a family occupies. So too does trust — usually manifested in the relationship between a buyer/seller and a real estate agent. As mentioned, much is determined by the location and valuation of houses. Of these, one stands tall: valuation.

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Appraisal Buzz

MAY 20, 2024

A seller’s market indicates demand is high and inventory is low, while a buyer’s market means inventory is high and demand is low. When the market enters a phase more favorable to sellers, appraisers may find themselves caught in a crossfire between what buyers think is fair and what the homeowner expects.

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Housing Wire

OCTOBER 23, 2023

From a data lens, transactions can be broken out into three different stages: Valuation , Due Diligence , and Contract. Valuation – The valuation stage can also be considered the preliminary due diligence stage. Sellers must be prepared for complete transparency and to provide the innermost details of their company.

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Housing Wire

NOVEMBER 3, 2023

Once they are in, consumers can receive listing alerts and market activity alerts, or can tap into resources such as home valuation reports. In October , RealScout launched RealScout Pro+ with new seller lead nurture features. In October , RealScout launched RealScout Pro+ with new seller lead nurture features.

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Housing Wire

AUGUST 14, 2024

These offers can include providing sellers an immediate cash offer, upfront loans for home improvements, and giving special incentives to essential workers such as police officers, nurses and teachers. One strategy, he said, is to offer a free valuation to homeowners and provide a cash offer based on that valuation.

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Housing Wire

AUGUST 14, 2024

The deal is indicative of how details matter in a market like Denver where home-price growth has slowed dramatically after a surge in post-pandemic migration to the metro area caused valuations to rise sharply in a short period of time. This gave sellers the upper hand, but the market has turned in recent months. year over year.

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Housing Wire

APRIL 13, 2021

Jay Garrett, a loan officer at Supreme Lending ’s McClellan Branch in Austin, said he is seeing 10 to 40 offers on houses no matter where they are in Austin, and cash offers are winning the day because sellers don’t want to have to worry about the house appraising too low for someone who needs financing. “If

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Housing Wire

OCTOBER 12, 2023

When we go through the brokerage valuation process, the product is Fair Market Value (FMV). This is essentially the home price that a willing homebuyer would pay a seller. FMV is based on what we consider neutral terms, where the risk is equally shared between the buyer and the seller. the purchase price).

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Housing Wire

SEPTEMBER 13, 2023

RTC Consulting has continued to see the same level of valuation work in the past 12 months as we saw in each of the proceeding years. While not all these valuations are for the purpose of a merger or acquisition, many are. In fact, the level of in-market combinations has not declined much at all.

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Housing Wire

OCTOBER 7, 2024

Sellers feel more confident they’re actually going to be compensated fairly for the transaction.” When discussing the valuation of mortgage companies, a common benchmark mentioned was about 1% of the trailing 12-month production volume. Rates are starting to go down. Acquisition sounds so negative.

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Housing Wire

MAY 21, 2024

Use online valuation tools Though they’re not perfect, online valuation tools can offer estimates based on public records and algorithms. Appraisers have access to detailed property information, and while they may not disclose exact sales prices, they can provide insights into the valuation process.

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Housing Wire

JANUARY 16, 2024

They also testified to the importance and value of the MLS as a core service that agents provide to sellers and buyers. They entered into listing agreements with seller agents and agreed to the terms of those agreements without being under any duress to do so. This evidence was not allowed to be presented to the jury. It does happen.

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Housing Wire

OCTOBER 13, 2023

Without revealing any confidential details, for example, Compass is using mostly its own equity rather than cash to deliver value to the sellers. Certainly, the expectations of brokerage firms did not change in terms of the multiple of EBITDA upon which valuations are based.

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Housing Wire

AUGUST 8, 2022

we’re helping potential buyers make more informed decisions, while empowering agents and sellers to market their properties more effectively, and supporting a modern valuation process for both appraisers and lenders,” said Jeff Allen, president of CubiCasa. said Allen. caught up,” he said.

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Housing Wire

MARCH 13, 2024

Automated chatbots can help you field calls, texts, emails and website inquiries to qualify incoming leads and segment buyers and sellers by their areas of interest in your CRM — all before you even pick up your phone to call or text those prospects. Need more examples?

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Housing Wire

OCTOBER 28, 2024

Requirements and the effective date will be available in the upcoming single-family seller/servicer guide bulletin. The data which we have released at both the aggregate and appraisal levels allow stakeholders to analyze and understand the full valuation of price trends, including the problem of appraisal bias.

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