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

The Close

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. After you’ve staged the home and updated the curb appeal , write a new listing description and hire a professional photographer to take new real estate listing photos. Would that help?

Agents 77
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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. Only 0.65% of exits to date have been into other resolutions, which would include short sales and deed-in-lieus.

Mortgages 477
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How Do I Find an REO Buyer’s Agent Who Knows Bank-Owned Home Sales?

HomeLight

If you know someone who’s bought a foreclosure, short sale, or REO property, talk to them first. The National Association of Realtors (NAR) has a “ short sales and foreclosure” certification, which are similar to REO properties because the buyer is dealing with a bank or government agency on the sell side.

Banks 84
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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. Perhaps a foreclosure or short sale? The subtypes.

Agents 99
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Building a Guest House 101: Get Your Accessory Dwelling Unit Up and Running

HomeLight

Define your guest house’s purpose and basic design. With local laws in mind, set an intention for your guest house and consider how it’s purpose will influence design. If you’re tempted, custom design the space to fit your needs with higher quality appliances and chic furnishing. Or host a diverse turnover of Airbnb/VRBO guests?