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What Does Arm’s Length Mean in Real Estate? The 7 …

As a real estate appraiser, it is imperative to know whether a transaction is an arms-length sale, a non-arm’s length sale, or a different type of sale. Properties sold due to a job relocation, estate settlement, foreclosure, or divorce may sell for less than market value. Therefore, whether you’re considering the current terms of sale …

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4 Ways AI is Changing the Property Management Indu…

In this article Whether you’ve excitedly played around with ChatGPT, or you’ve avoided artificial intelligence, quietly preparing for the droid apocalypse—AI is coming, and coming fast. Bill Gates’ famous 1996 quote about the pace of technology is very relevant here: “We always overestimate the change that will occur in the next two years and underestimate …

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Industry reacts to the Anywhere settlement

Anywhere Real Estate’s settlement agreement in two class action antitrust lawsuits dealing with buyer broker compensation raises important questions about the future of buyer’s agency and how other defendants are viewing the fast approaching trials. Top of mind, of course, is what exactly the settlement agreements include, besides an agreement by Anywhere to pay a …

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6 Key Competencies to Perform Appraisal Reviews

As a real estate appraiser, how do you know if you can credibly perform appraisal reviews? USPAP provides the review appraiser with plenty of flexibility grounded in ethics and competence. Competence comes with knowledge and experience, but it also requires you to possess specific skills, technology, and abilities. To better understand if you’re prepared to …

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What Is a Conventional Loan? (Requirements & Costs…

In this article A conventional mortgage loan is a type of financing offered by private lenders. Also called a conforming conventional loan, the mortgage meets the requirements for government-backed loans like Fannie Mae and Freddie Mac mortgages. Borrowers must meet specific financial criteria. Unlike government-backed mortgages, living in the property is not a requirement. A …

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How to Navigate Today’s Real Estate Market—Top Tip…

In this article This article is presented by Relay. Read our editorial guidelines for more information. From inflation to interest rate hikes to low inventory and elevated prices, today’s market can give some real estate investors pause. Industry volatility can set off emotional reactions in investors who haven’t fortified themselves against the ups and downs of the market. …

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The Full Measure with Kevin Hecht: Economic Recap …

Welcome to the latest installment of The Full Measure with Kevin Hecht—your destination for the most current economic insights and analyses. Catered to real estate appraisers, agents, and other professionals, this monthly blog series helps you navigate the ever-evolving economic environment. Uncover this month’s economic trends and insights—written from an appraiser’s standpoint—in the following economic recap …

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What Are the Options and How Do DSCR Loans Stack U…

In this article This article is presented by Easy Street Capital. Read our editorial guidelines for more information. Short-term rentals continue to be one of the hottest areas of real estate investing in 2023. Despite some market volatility, slow down, and saturation in some areas, smart, professional short-term rental investors continue to thrive, expand, and scale.   What …

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Elevating women in real estate: A look at where we…

The fight for gender equity in the workplace remains a challenge, especially when it comes to the number of women in leadership positions. Frankly, the statistics speak for themselves.  A survey found that 14% of men working in female-dominated industries already hold an executive level position, compared to only 8% of women (a 75% difference). …

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