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Are AVMs (automated valuation models) replacing the CMA?

Are AVMs (automated valuation models) replacing the CMA?

by Third Party | Jan 4, 2023 | Industry Updates, Real Estate Agent Tools

Source: South Florida Agent Magazine —  With the advancement of tech-based real estate services such as Zillow, Realtor.com, Redfin and others, customers can easily research and estimate the value of their homes without involving a Realtor. The big question is,...
New Year, New Home? 9 Myths About Buying a New-Construction House That Actually Aren’t True

New Year, New Home? 9 Myths About Buying a New-Construction House That Actually Aren’t True

by Third Party | Jan 4, 2023 | Real Estate Agent Tools, Real Estate News

Source: Realtor.com —  Many first-time homebuyers might shy away from the prospect of buying a brand-new home, assuming: It will cost too much. It will take too long. While purchasing new construction is indeed different from purchasing previously owned...
5 ways to make affordable housing for all in 2023 — from construction laws to mortgage financing

5 ways to make affordable housing for all in 2023 — from construction laws to mortgage financing

by Third Party | Jan 3, 2023 | Real Estate Agent Tools, U.S. Housing Market

Source: Insider —  With the new year is another chance to make housing more affordable for all.  Right now, it’s harder than ever to buy a home. In 2022, an astronomical rise in mortgage rates coupled with already steep home prices pushed many out of the...
Your debt-to-income ratio is crucial to getting approved for a mortgage — here’s how to calculate yours

Your debt-to-income ratio is crucial to getting approved for a mortgage — here’s how to calculate yours

by Third Party | Jan 3, 2023 | Mortgage Information, Real Estate Agent Tools

Source: CNBC —  There’s a lot that goes into the home buying process, especially if you’re a first-time home buyer. One criteria mortgage lenders use to assess your mortgage application is the debt-to-income ratio (DTI). Your debt-to-income ratio is a comparison...
Home inspections in a hot market

Home inspections in a hot market

by Third Party | Jan 3, 2023 | Industry Updates, Real Estate Agent Tools, U.S. Housing Market

Source: Daily Herald —  Q: In a past article, you wrote: “It is the height of professional irresponsibility for any real estate agent to advise a client against having a home inspection.” In most cases, I would agree with your advice. But in a hot...
Step-by-Step Guide on How To Buy a House in 2023

Step-by-Step Guide on How To Buy a House in 2023

by Third Party | Jan 3, 2023 | Mortgage Information, Real Estate Agent Tools

Source: MSN —  Buying a home is an integral part of the American dream. There’s something special — almost sacred — about the idea of owning your own property where you can raise kids and grow old with your spouse before passing on that property to your...
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