Everything you need to know about a real estate team

What does it mean for a home buyer and seller to build out their real estate team? REALTOR® Elizabeth Mendenhall from Columbia, Missouri discusses what roles fill a team and how real estate agents make sure that team works together for a successful real estate transaction. Appraiser and REALTOR® Susan Martins-Phipps from Rhode Island shares why the appraiser is such a valuable asset to a real estate team and how they value a home. Attorney Vanessa Goggans explains the closing process and what a lawyer's role is in the transfer of home ownership. And NAR Chief Economist Lawrence Yun walks through the latest existing-home sales data and what he expects in the near future for the real estate market. Also, Melissa Dittmann Tracey explains what color patterns are hot or not.