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Xactus targets lenders through active listing data

Housing Wire

Xactus Wednesday announced its new active listing scan program, which will scan residential addresses for changes in listing status and the average number of days on market for a neighborhood. The monitoring program, covering all 50 states, includes MLS listing data as well as public records from data aggregators.

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What is a BPO and When to Use Them?

Realty Biz

Most BPOs also provide information about 3 comparable property sales and 3 comparable listings. The broker will look up the properties on MLS to determine when the properties were recently sold and for how much. One of the few times that a lender will use a BPO instead of requiring an appraisal is for a short sale.

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How to Find Short Sale Homes: A Guide for Buyers

HomeLight

Short sales can provide an excellent opportunity for potential homebuyers to score a good deal. If you’re in the market to buy a short sale home, you’ll need to prepare for a lengthy closing process and steel yourself to jump through some hoops not generally associated with traditional sales. What is a short sale?

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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. Decide on One (or More) Price Reduction Strategies Whatever the reason, real estate price reductions are a part of real estate sales.

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What’s New in Appraisal Membership: March 2021

McKissock

This job aid provides guidance on how to analyze and report data downloaded from MLS or another data source through the use of PivotTables. Sale Types Explained. Learn about the benefits of McKissock’s Unlimited Learning Membership. New job aids (free for members). Excel PivotTables Guide. Upcoming webinars.

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How to Make Money as a Real Estate Agent: 9 Strategies to Earn More

The Close

Maybe the market is sluggish or sales are plateauing. The company links with an agent’s MLS to provide an up-to-date list of all the expireds and FSBO listings in your area, along with the property owners’ names and telephone numbers. Are short-term rentals popular in your town? Become a Property Manager.

Agents 105
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3 Different Types of Real Estate Agents (And 7 Subtypes), Explained

HomeLight

Both my partner and I are luxury certified, and we have a certified residential specialist, as well.”. Real estate agents are sometimes called subagents, real estate salespeople, or sales agents. In New York, sales agents are known as brokers. Perhaps a foreclosure or short sale? Type 1: Real estate agents.

Agents 100