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A Quick Guide to Understanding Real Estate Designations

Windemere Selling

Like other professionals, real estate agents have the ability to specialize in certain areas of the business by earning designations. Those acronyms signify that they have achieved a specific designation through extensive training and education. So why should real estate designations matter to you?

Design 52
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Price Reduction in Real Estate: A 5-step Guide for Agents

The Close

Take Action Before Reducing the Price Before making a price reduction, real estate agents should ensure there is nothing more they can do to facilitate more showings and a faster sale. If the CMA is on point, the listing might benefit from home staging and improved curb appeal by cleaning up the front yard and painting.

Agents 77
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Foreclosed Properties: How to Buy One and Whether You Should

Realty Biz

Finding properties in one of the stages of foreclosure is often as easy as looking through a simple Zillow search. Additionally, there are websites designed to provide anyone interested in purchasing a foreclosed property with the opportunity to do so. These sales can be slow ,” says Christina, “and you are at the mercy of the bank.

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How Do I Find an REO Buyer’s Agent Who Knows Bank-Owned Home Sales?

HomeLight

Even experienced homebuyers who’ve already bought and sold a few homes will find the process much different, and they will also need an agent who specializes in REO sales. In a normal home sale, if the home inspection finds issues, you can negotiate with the seller. These sales are different from normal sales.

Banks 82
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What’s behind the sharp decline in mortgage delinquencies?

Housing Wire

The economic and job market rebound, coupled with the successful exits from forbearance for many homeowners, contributed to these declines, and particularly for those in later stages of delinquency. More than 7% of borrowers exiting forbearance have paid off their loans, either through a refinance or a home sale.

Mortgages 485
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3 Different Types of Real Estate Agents (And 7 Subtypes), Explained

HomeLight

For example, are you aware that Realtors® can have special designations that indicate they have been certified in a specific type of transaction? Brokers and agents do not have official certifications, but they often have designations that determine how they work. In New York, sales agents are known as brokers. The subtypes.

Agents 99
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How Top Agents Approach Writing a Comparative Market Analysis

HomeLight

It pulls in a bunch of details about nearby properties of a similar size and style that have recently sold in your area, and uses their sale prices as a benchmark when setting your home’s list price. Sales history and value adjustments over the years. Median sale price vs. sales volume. Highlights and features (i.e,

Agents 72