Everyone benefits when appraisers and listing agents work together. Often, a low appraisal value could have been avoided if all parties knew their roles at the beginning of the assignment instead of at the end.
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Stacey Caen of Sotheby's International Realty is listing a 9,000-square-foot historic home in San Francisco. "Anyone who has been in this part of San Francisco for a long time has noticed this home's beauty," Caen says.
Calls to action are key to gaining interest from prospects, regardless of the marketing channel, be it email, web content or social media. Client testimonials can help build trust.
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The 30-year fixed-rate mortgage could decrease in 2023, according to Fannie Mae, but economists advise home buyers not to wait as prices will likely continue to appreciate. Many families nationally cannot afford to buy a home at current prices, especially when expenses such as insurance and property maintenance are considered.
The number of cash transactions in real estate is on the rise as mortgage rates rise, according to Redfin. "Rates may be rising, but sellers are not losing as much ground as you might think," says Kurt Carlton, president of New Western.
More millennials say they plan to rent forever, according to Apartment List. Inflation, a lack of inventory and mortgage rate volatility are all factors turning this group away from buying.
Curtin gives those suffering from food insecurity a dignified means of support at an innovative pantry. Meet all 10 Good Neighbor finalists and vote for your favorite cause.
University research has found that certain nudges, such as automatic reminders, to complete tasks can help tame what one researcher described as the distraction economy in which people often make irrational decisions on how to best appropriate their time.
When New York City's hotels emptied out during the coronavirus pandemic, there was hope that a $200 million program could turn the properties into affordable housing, but no progress has been made. Rising hotel occupancy has made owners less interested in selling, while the Hotel Trades Council union has also proven to be an obstacle.
The House Financial Services Committee and Senate banking committee will hold hearings this week with testimony from the CEOs of several major banks on a range of issues, including their performance through the coronavirus pandemic. "There's a lot for our banks to point to, to demonstrate how much they've done to support consumers, small businesses and the economy throughout the pandemic and continuing today," says Consumer Bankers Association President and CEO Lindsey Johnson.
The National Association of REALTORS® is America's largest trade association, representing more than 1.5 million members involved in all aspects of the residential and commercial real estate industries. REALTOR® Magazine is the official magazine of NAR, bringing expert insight to real estate trends, tools, and business strategies.
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