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The home inspection process: Should you skip it?

Housing Wire

People often confuse the home appraisal with the home inspection. Inspections, on the other hand, are designed to assess the condition of the home, and they’re 100% optional for the buyer. Are you considering skipping the home inspection? Were those recent renovations done up to local code? There could be safety hazards.

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Real estate appraisals: What agents should know

Housing Wire

A home inspection hasn’t yielded any problems, so nothing is standing in the way of closing, right? The client can find their own appraiser, or real estate agents can recommend appraisers they have worked with before. You’ve found a house for your buyer or a buyer for the home you’re selling. Not necessarily.

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Top 5 home improvement projects real estate agents should recommend to sellers

Housing Wire

The “same old listing presentation” and tired marketing tactics aren’t cutting it for agents looking to win listings in today’s competitive and tight market. Now more than ever, sellers expect an agent who will confidently create a plan to get them top dollar for their home.

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Owning a condo in Florida is becoming less attractive: Redfin

Housing Wire

In May 2022, the Florida Legislature introduced a new condominium safety law, which mandates more rigorous inspections and stronger financial reserves for HOAs. Condo costs are shocking,” Juan Castro, a Redfin Premier agent in Orlando, said in the report. Condos that used to have a $400 monthly maintenance fee may now have a $700 fee.

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PunchList USA names chief product and data officer 

Housing Wire

PunchListUSA , a real estate technology platform digitizing home inspection data, has named Stefan Pampulov as its chief product and data officer. The firm is growing rapidly to offer instant repair estimates and scale through process automation. He also held the role of senior vice president and director of valuation at New City Corporation.

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Why you shouldn’t waive the home inspection

Realty Biz

need one or two things to be patched up, with 86% of all home inspections turning up some kind of problem, according to a study by the home improvement website Porch.com. Besides making a higher offer, some buyers are also waiving the home inspection to make their offer stand out. The vast majority of existing homes sold in the U.S.

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How Do You Sell a House As-is? Everything Agents Need to Know

The Close

As their agent, you must also know how to protect your clients through the as-is selling process and understand the nuances such as navigating inspections and disclosures. The buyer is expected to shoulder additional renovations and improvement expenses once they become the official homeowners. Expect lower offers.

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