Real Trends

MARCH 22, 2023

Negotiation happens not only when the offer is made, countered and hopefully accepted, but also during home inspections, appraisals, commission collection and many other times before your clients finally make it to the closing table. Were there inspection or appraisal issues? Is there new construction in the area?

Inspection 77

Inspection Agents New Construction Closing costs 77

McKissock

JANUARY 31, 2023

” “There is a lot of research and number crunching to do, so asking for a value at time of inspection is a no go.” ” “When to use new construction or remodeled construction as a comparable.” Educate yourselves on construction details and styles of homes. Exaggerating isn’t cool.

Agents 97

Agents Inspection Renovation Construction 97

Broke Agent Media

MARCH 30, 2023

Existing-home sales, pending contracts and new-home construction pending contracts have turned the corner and climbed for the past three months. Just how imminent those closings are depends on a number of factors, including the buyer’s ability to purchase the home and the results of a home inspection. population (5.0 million).

Sales 98

Sales Loans Closing MLS 98

The Residential Specialist

MAY 3, 2022

After getting an energy audit through a home inspection company, he followed recommendations to install foam insulation in the attic, replace the furnace and heat pumps with more energy-efficient models, and add solar panels to the roof. Builders that received federal incentives for new construction could pass those savings onto buyers.

Marketing 98

Marketing MLS Agents Design 98

Real Trends

NOVEMBER 10, 2022

The goal is for the listing to show like a new construction model home. Many agents and qualified buyers still believe they’ll have to compete with other contracts, pay over the list price, not be able to inspect the home, waive the appraisal contingency and pay a higher interest rate. Is your listing poorly presented?

MLS 94

MLS Agents Inspection Staging 94

Realty Biz

SEPTEMBER 28, 2022

That is a main reason why most lenders require an inspection of the property before they lend the money. They will then request an inspection. You do not have to spend money on inspections and other fixes. In addition, these investors may not require an inspection report prior to purchasing the property. Selling Quickly.

Purchase and sale agreement 75

Purchase and sale agreement Inspection Investor Closing costs 75

McKissock

JANUARY 14, 2022

four-year-old masonry house of well above average quality construction. It was unoccupied so I used my MLS Lockbox key for access. In one of my pre-license class field trips to inspect a house that was on the market, it was obvious to all 28 students why the house had been on the market so long.

Subject to inspection 77

Subject to inspection Inspection Residential MLS 77

HomeLight

JULY 6, 2023

That’s why it’s important for your real estate agent to keep your property’s status up to date, both in the multiple listing service (MLS) that agents cooperatively use, as well as in online marketplaces, which pull data from the MLS. Buyers also can use the findings of an inspection to negotiate for repairs or credits.

MLS 90

MLS Backup offer Inspection contingency Purchase and sale agreement 90

HomeLight

MARCH 23, 2021

We constructed the go-to guide on what a real estate agent actually is and how he or she can help your homebuying experience. For the sellers, they help decide the list pricing, get the listing on the MLS database, and market the house to potential buyers. Still undecided? Source: (Leon / Unsplash). What is a real estate agent?

Agents 95

Agents Purchase and sale agreement Inspection MLS 95

HomeLight

FEBRUARY 27, 2021

Furthermore, flat-fee agents usually only provide limited services like setting up lockboxes for vacant home showings or simply listing your property on the MLS. They’ll assess your home’s features, location, construction, and other factors to develop the best possible pricing strategy for your sale. Buyer’s agents.

Agents 81

Agents Purchase and sale agreement Staging MLS 81

HomeLight

NOVEMBER 3, 2022

Links and mentions of North Carolina flat fee MLS companies in this post do not constitute an endorsement. Real estate agents market their listings on the multiple listing service (MLS) as part of their marketing strategy – something FSBO (for sale by owner) sellers cannot do on their own. What is a flat fee MLS listing service?

MLS 81

MLS Purchase and sale agreement Agents Sales 81

The Close

JULY 23, 2022

Begin with an MLS search of the past 12 months’ sales in the area your client is looking. Every agent knows that they can find expired listings on their MLS or using Vulcan7. However, the MLS data only tells us two things about the homeowner: at one point they genuinely wanted to sell, and the price they wanted to sell at.

Bankruptcy 111

Bankruptcy Purchase and sale agreement MLS Investor 111

Toronto Realty Blog

OCTOBER 27, 2023

He asked about the closing date, the rental items, and the inspection. But it delves off into the world of “firsts” in that this is the very first time I have ever seen this in an MLS description: Huh. There are risks to pre-construction investing. But really he was just buying time to ask about the price.

Brokerage 74

Brokerage Agents Construction MLS 74

HomeLight

JANUARY 29, 2021

Creating listings on MLS and other platforms. According to the National Association of Realtors®, 30% of home sales were delayed in October 2020 due to various obstacles surrounding contracts, inspections, titles, appraisals, and financing. Taking calls from prospective buyers. Staging and taking photos. Creating and posting signs.

Inspection 113

Inspection Agents Industrial Sales 113

Toronto Realty Blog

SEPTEMBER 13, 2021

So people are still curious about pre-construction condos in Toronto? I wrote my friend back and said that I wouldn’t feel comfortable connecting him with my client, but more to the point, my client doesn’t “invest” in pre-construction anymore for a multitude of reasons. I thought that ship had sailed.

Construction 83

Construction Development Closing costs Sales 83

HomeLight

MAY 27, 2021

And while you understand that a home inspection and appraisal are integral to selling your house, it’s easy to forget how these processes work. Costa is also the author of “ What Every Realtor Should Know About Home Inspections: A Guide to Avoiding Traps and Common Mistakes ”. What is a home inspection? What is an appraisal?

Inspection 100

Inspection Purchase and sale agreement Pre-approval Loans 100

HomeLight

DECEMBER 31, 2020

However, the International Residential Code (IRC), which governs both new build and remodel residential construction, does allow some leeway for beams and ducts , which are likely to impact a basement remodel. new bathroom construction. Egress (aka emergency exit access). Source: ( International Building Code ).

Construction 98

Construction Design Inspection As-is 98

HomeLight

OCTOBER 5, 2020

First, that means a seller will need to start finding a buyer, by listing their short sale home on the multiple listing service (MLS). You can find a short sale home anywhere you’d find any other home listing — most likely on the MLS. If the short sale house is on the MLS, it will be listed with the seller’s asking price.

Short sale 63

Short sale Sales Banks Due diligence 63

Toronto Realty Blog

AUGUST 2, 2023

The buyer is going to think she’s doing a pre-delivery inspection with you and will ask you to fix things before closing, trust me on this.” Buyers need to remember that a “Pre-Delivery Inspection” or PDI only exists for new construction, not resale homes. “What are the measurements of the garage?

Closing 75

Closing Sales Purchase and sale agreement Agents 75

HomeLight

SEPTEMBER 15, 2022

Mike McClung, a home construction expert and CEO of Integrity Cash Home Buyers in Norfolk, Virginia, notes that many of the homes that go to auction are foreclosed properties. You’ll have more privacy without the need to put a sign in your yard or list your property on the MLS ( multiple listing service ).

Pre-qualification 85

Pre-qualification Pre-approval Investor Agents 85

Kyle Handy

MARCH 13, 2023

MLS Campus Real Estate School A course focused on mathematics and other fundamentals. MLS Campus Real Estate School is an excellent school for agents who are struggling with the mathematics sections of the real estate exam. They don’t just do real estate; they do insurance, construction, and more.

Pre-approval 73

Pre-approval Agents MLS Sales 73

RIS Media

SEPTEMBER 20, 2021

Boesen ruled that a real estate agent and his brokerage could not be held responsible for selling a new house with a defective, regularly leaking foundation because the buyers could not prove he “knew or should have known any information about the construction of the home.” ” ARKANSAS — GRADE: F. ” In Jehly v.

Design 111

Design Purchase and sale agreement Agents Seller disclosure 111

HomeLight

MARCH 23, 2021

You’re reading through the MLS listing of a new potential home, and you see “Mediterranean house” advertised front and center. The majority of Mediterranean houses are constructed with stucco (which, in part, became so popular in the U.S. A life of romance and leisure is undoubtedly ahead. Sounds great, right?

Design 85

Design As-is MLS Inspection 85

HomeLight

AUGUST 31, 2021

Don’t let the pristine facade or shiny appliances of a model home deceive you: buying new construction will be as complex as any old real estate transaction, if not more so. And if you thought buying new construction without an agent would save you a few bucks in commission, think again. Updated August 31, 2021.

Agents 127

Agents New Construction Purchase and sale agreement Construction 127

Housing Wire

OCTOBER 10, 2023

An appraisal is a more detailed professional report that provides a property’s appraised value based on a thorough inspection and analysis of the property’s condition and features. These may include local real estate listings, county property records, and MLS databases.

Marketing 391

Marketing Agents Closing Renovation 391

HomeLight

DECEMBER 29, 2023

MLS has a field to mark a listing “as is”? According to the document, The seller of any interest in residential real property is required to provide the buyer with any information on lead-based paint hazards from risk assessments or inspections in the seller’s possession and notify the buyer of any known lead-based paint hazards.

As-is 93

As-is Inspection Investor Closing costs 93

HomeLight

JANUARY 19, 2023

An inspection might cost a few hundred dollars, but a $400 inspection can keep you away from a $10,000 or $20,000 problem,” he says. Once you win your bid on the appropriate home, it’s absolutely crucial that you get a home inspection and an appraisal. Building materials continued to rise in cost by 4.9%

House Flipping 95

House Flipping Inspection Renovation Finance 95

Kyle Handy

MAY 4, 2023

Age: Select comps with a similar age or construction date as the subject property. Here are some tips for locating suitable comparables: Utilize the MLS : The Multiple Listing Service (MLS) is the primary tool for real estate agents to find accurate and comprehensive sales data.

Agents 86

Agents MLS Sales As-is 86

HomeLight

FEBRUARY 24, 2023

I never recommend that someone skip a home inspection. If a buyer chooses not to, we have them sign a release stating that we advised them to have a home inspection and they waived it. I never recommend that someone skip a home inspection. Work with your real estate agent to evaluate rental listings and tap into the MLS.

House Flipping 70

House Flipping Inspection Renovation Finance 70

HomeLight

DECEMBER 23, 2021

Whether you’re selling a mid-century ranch in an established neighborhood, a 1920s arts and crafts bungalow on a tree-lined avenue, or a brand new contemporary white box in a just-built subdivision, a home inspection may very well reveal code violations. It came to light during the home inspection. What are code violations?

Inspection 103

Inspection Title Renovation Agents 103

HomeLight

MAY 23, 2022

MLS has field to mark a listing “as is”? A lot of times, sellers are trying to remove some future liability by listing their house ‘as is,’ but buyers do, of course, still have the opportunity to inspect it and ask for any repairs or a price reduction,” Rynders says. “So Consider a pre-listing inspection. Disclosures.

As-is 105

As-is Inspection Investor Closing costs 105

HomeLight

FEBRUARY 9, 2023

Find a home to flip Once you’ve got an agent keeping an eye out for you, alerts set up on real estate websites, and are scouring the multiple listing service (MLS), it’s time to find a home to flip. Once you win your bid, it’s absolutely crucial that you get a home inspection and an appraisal. Be patient! “I

House Flipping 83

House Flipping Hard money loan Finance Investor 83

HomeLight

FEBRUARY 7, 2022

Days on market (DOM) is the number of days between the day a home is listed on the MLS and the day it’s sold or taken off the market. As home prices have increased so have construction and labor costs, and many buyers don’t want to spend the time and effort to deal with repairs, even if they’re relatively simple, Clark says.

Inspection 98

Inspection Staging MLS Agents 98

HomeLight

FEBRUARY 24, 2023

Once you win your bid on the appropriate home, it’s absolutely crucial that you get a home inspection and an appraisal. But a home inspection will reveal any hidden issues beneath the surface, such as a rotted subfloor in that bathroom, which you might have to replace to safely and successfully flip the home.

House Flipping 93

House Flipping Renovation Finance Agents 93

HomeLight

OCTOBER 12, 2022

However, as the seller, you must also disclose known defects adversely affecting the property’s use and value that a buyer could not discover by a reasonable inspection, according to a ruling by Utah’s Supreme Court. “In But if you opt for a pre-listing inspection , you will have to be up front about all defects the inspector finds. “A

Seller disclosure 92

Seller disclosure Purchase and sale agreement Homeowner’s association Inspection 92

HomeLight

SEPTEMBER 12, 2022

Jamie: And then when I get back to the office, that’s when there’s a lot more work that’s involved, the inspection is really the easy part. And then I’ll start reading the MLS notes. I’ll look at the MLS photos of those comparable sales. So, I really like to try to visit with those listing agents.

Marketing 108

Marketing MLS Agents Sales 108

HomeLight

NOVEMBER 21, 2022

Gila adds that FSBO sellers should list their home at fair market value , especially when competing with new construction in South Carolina that offers high incentives for buyers as well as real estate agents who provide Realtor® bonuses and buy-down interest programs or closing costs paid by sellers. Use a FSBO platform with an MLS option.

Purchase and sale agreement 74

Purchase and sale agreement MLS Pre-approval Agents 74