HomeLight

NOVEMBER 10, 2021

When you sell your house without the help of a real estate agent, you’ll save money on commission fees but won’t escape closing costs entirely. The same closing fees that apply to an agent-assisted sale will be charged to a FSBO seller, with the exception of the agent commission.

Closing costs 101

Closing costs Closing Title Title search 101

HomeLight

MARCH 31, 2021

Whether you’re selling a modern condo in Atlanta’s Midtown or a century-old property in Savannah’s Historic District, you need to know the closing costs sellers are responsible for in Georgia. The last thing you want is sticker shock when you review these subtractions in your seller’s settlement statement. Not in Atlanta?

Closing costs 97

Closing costs Closing Purchase and sale agreement Title search 97

HomeLight

APRIL 29, 2021

As a seller, your home sale price and proceeds are very different numbers. You’ll need to subtract your closing costs to determine how much money you’ll walk away with after the sale. So, what are closing costs in Delaware? In Delaware, sellers typically pay 6% to 10% of the home’s sale price in closing costs.

Closing costs 62

Closing costs Closing Seller concession Homeowner’s association 62

Real Trends

OCTOBER 16, 2023

Not to mention the current mortgage rates at decades-high levels as well as sellers who are locked in with pandemic low rates. Here are the following strategies agents can use to guide first-time homebuyers toward achieving this monumental step. I’ll explain later.) Check with your local or state housing agency for a list of programs.

Agents 99

Agents Seller concession Closing costs Mortgages 99

Real Trends

JULY 11, 2022

Customers understand that the property address and a brief description are part of making an offer, but agents know there’s more to making an offer than that. Concessions. You are your customer’s best advocate when it comes to evaluating seller concessions. Estimated closing costs. Interest rates.

Seller concession 79

Seller concession Closing costs Inspection Title search 79

Redfin

JULY 26, 2021

The average cost of selling a home in the US is approximately 10 – 15 percent of your home’s sale price. This includes getting the house ready to list, the cost to hire movers, real estate agent commission and fees, and the cost to address any necessary repairs. . Cost of preparing your home to sell . Home repairs.

Seller concession 71

Seller concession Closing costs Inspection Staging 71

Realty Biz

APRIL 20, 2022

Home Inspection Contingency. One of the most common terms in an offer is the home inspection contingency clause. When the home inspection finds some problems, the seller might agree to cover the cost and have the problem fixed. Sometimes a seller will be willing to pay some or all of these costs to sell their home.

Purchase and sale agreement 105

Purchase and sale agreement Home sale contingency Earnest money deposit Inspection contingency 105

Windemere Buying

JUNE 22, 2022

You’ve applied for financing , worked with your agent to search for available listings, put in time attending open houses, and have found the place you’re ready to call home. First, let’s take a look at the three ways a seller can respond to your offer. When the sale closes, the money goes toward the down payment or closing costs.

Purchase and sale agreement 52

Purchase and sale agreement Inspection contingency Seller concession Backup offer 52

HomeLight

APRIL 14, 2023

But even though the monthly mortgage payments fit into your budget, you’re concerned about coming up with enough cash for a myriad of closing costs in addition to the down payment. We analyze over 27 million transactions and thousands of reviews to determine which agent is best for you based on your needs.

Closing costs 90

Closing costs Closing Purchase and sale agreement Title 90

The Close

FEBRUARY 6, 2024

I contacted the listing agent only to learn that all offers were due by 5:00 p.m. Offer Above Asking Price When your buyers are competing with others in a multiple-offer situation, and the listing agent is asking for the “highest and best” offer, it’s a good idea to suggest offering more than the asking price.

Pre-approval 75

Pre-approval Earnest money deposit Inspection Inspection contingency 75

HomeLight

NOVEMBER 10, 2021

Buyers are usually looking forward to a new lifestyle, not just new walls and doors,” says Kendall Rodesiler , top real estate agent in Toledo, Ohio. “So, Collect those now to have them ready for your real estate agent, home inspector, and property appraiser. “I Hire a stellar real estate agent. Tackle neglected maintenance.

Inspection 118

Inspection Title Seller concession Agents 118

HomeLight

SEPTEMBER 14, 2022

To help you navigate a shifting housing market, we spoke with real estate agent Mari Slobounov, who is a business partner with the top-producing Lynn Holley Real Estate Group in Madison, Wisconsin. One way to find a top agent in your area that can provide you with a CMA is to use HomeLight’s Agent Match platform.

Marketing 109

Marketing Inspection Staging Seller concession 109

HomeLight

JANUARY 29, 2021

Other than that, you’re on the hook for the same closing costs as any other seller. Closing costs without a Realtor® typically average 1% to 7% of the final sale price. Mandatory costs include a long list of fees and taxes from involved parties such as the local and state government and mortgage lenders.

Closing costs 98

Closing costs Closing Seller concession Title search 98

HomeLight

MAY 3, 2023

“Depending on the price range of the home, I tell my clients that they need to be ready to spend 9%–10% of the sale price on selling costs, including the real estate agent commission and closing costs,” says Joanne McCoy , a top-selling real estate agent in Lincoln, Nebraska. of the property sales price.

Seller concession 111

Seller concession Purchase and sale agreement Inspection Title 111

Redfin

MARCH 3, 2022

From appraisal issues to home inspection roadblocks, there’s a lot that can go awry before finally closing on your property. So how can you avoid a delayed closing? Be aware of these 7 common issues that could set back your closing date. You can ask the seller to lower the price.

Closing 63

Closing Title search Purchase and sale agreement Title 63

Redfin

JUNE 28, 2022

While most people fixate on the 6 percent real estate agent fee , the cost of selling your home is actually more. It costs close to ten percent of a house’s selling price to sell your home. Seller concessions. Transition and overlap costs. Find the right real estate agent for you.

Staging 62

Staging Renovation Closing costs Agents 62

HomeLight

JUNE 16, 2022

It’s usually easier to sell a home when you partner with a reliable agent. A top real estate agent from California, Robert Lopez, who’s an agent with Team Z , explains the value a real estate agent brings to your home sale, “Your agent takes on photography and marketing. Seller concessions.

Seller concession 86

Seller concession Closing costs Inspection Agents 86

HomeLight

JUNE 16, 2022

A top real estate agent from Massachusetts with nearly 30 years of experience, Laurie Cappuccio , explains the market, “We see a little bit of a slow down with increasing interest rates, but I have a listing now, and I’m getting multiple offers. We put a plan together for the seller. Real Estate Agent. Transactions.

Seller concession 87

Seller concession Closing costs Inspection Closing 87

HomeLight

APRIL 17, 2024

Others perform a home inspection while their competitor skips one. Special perks of working with Offerpad include three extra days to stay in your house after close and they’ll pay for a local move. Like Opendoor, they typically perform a home inspection before finalizing their offer. Not all cash, or iBuyers , are the same.

Seller concession 99

Seller concession Inspection Rent back Closing 99

Realty Biz

JANUARY 19, 2024

Interviewing and selecting a buyer's agent and choosing a mortgage lender and real estate attorney are vital steps. Find an Exceptional Buyer's Agent Having a buyer's agent when purchasing your first home is incredibly important for several reasons. The listing agent represents the seller. You should never do this!

Debt-to-income ratio 100

Debt-to-income ratio Pre-approval Purchase and sale agreement Inspection 100

HomeLight

MAY 31, 2022

Next, we did some research and spoke with Jesse Allen , a top agent who sells over 50% more quickly than the average Jeffersonville , Indiana, agent, in order to break down how to calculate how much money you might walk away with after selling your home. Real estate agent commissions or fees: Averaging 5.8% Net proceeds.

Seller concession 123

Seller concession Closing costs Staging Sales 123

HomeLight

JUNE 14, 2022

Let’s look at what you need to consider when determining the cost to sell a house in Seattle. What are common expenses for home sellers in Seattle? “With the market in the middle of a shift, it’s become more commonplace that more major repairs might need to happen to the value that the seller is hoping for,” Nording says.

Seller concession 103

Seller concession Closing costs Agents Closing 103

HomeLight

NOVEMBER 7, 2022

Together with local expert and HomeLight network real estate agent Shawn Manderscheid , we’ll look at some of the quirks of the local market. Manderscheid, who sells properties more than 56% quicker than the average agent in the Houston market, knows how to close the deal efficiently. Real Estate Agent. Find Agent.

Seller concession 81

Seller concession Purchase and sale agreement Closing costs Inspection 81

HomeLight

MARCH 31, 2021

While researching the home sales process, you’ve likely come across the term “seller credit.” A seller credit is a type of seller concession where the seller offers the buyer money at closing to sweeten the deal. Seller credits are money the seller gives the buyer at closing.

Closing 89

Closing Seller concession Sales Closing costs 89

HomeLight

DECEMBER 2, 2021

We detail what costs you’re likely to incur and what sellers pay on average. Kentucky-based Dianna Caldwell , a seasoned agent with 16 years of industry experience under her belt, gave us a rundown of seller costs and what homeowners should budget before they sit down to the closing table. Notary fee.

Seller concession 114

Seller concession Staging Inspection Renovation 114

HomeLight

SEPTEMBER 27, 2022

Nevertheless, Gina Candelario , a top agent who works with 78% more single-family homes than the average San Antonio, Texas, agent, says sales are good and it’s still a seller’s market. To illustrate, if you sold your Texas Craftsman home for $325,000, the seller’s costs could range from $22,750 to $26,000.

Seller concession 70

Seller concession Closing costs Homeowner’s association Title 70

HomeLight

JUNE 14, 2022

Real Estate Agent. Real Estate Agent at Compass. The average DOM in Chicago suggests a stable market for buyers and sellers. Santiago Valdez is a HomeLight Elite Agent who sells homes more than 56% quicker than the average Chicago agent. The total cost to sell a house in Chicago depends on your specific situation.

Seller concession 90

Seller concession Purchase and sale agreement Closing costs Title 90

HomeLight

OCTOBER 20, 2022

Together with local expert and HomeLight network real estate agent Hillary Smith , we’ll look at some of the quirks of the local market. Smith, who has sold 100% of her listings and does so more than 43% faster than the average Austin agent, knows what it takes to get the job done. Partner With a Top-performing Austin Agent.

Seller concession 89

Seller concession Purchase and sale agreement Closing costs Inspection 89

HomeLight

JUNE 24, 2022

Contacting a local agent in your market is the most effective way of finding a true market evaluation,” says Marissa Papa , a Connecticut real estate agent with 18 years of experience. It’s a very prudent part of the process as an experienced agent can provide a comparative market analysis.”. Agent commission.

Seller concession 80

Seller concession Closing costs Inspection Homeowner’s association 80

HomeLight

JULY 12, 2022

Besides your mortgage payoff, homeowners typically incur a number of costs in selling a home — whether they work with an agent or offer the property for sale by owner (FSBO). Real Estate Agent. Real Estate Agent at Compass. How much does it cost to sell a house? closing costs. moving costs.

Seller concession 97

Seller concession Closing costs Renovation Title search 97

HomeLight

SEPTEMBER 15, 2022

To give you the best information about selling a house in a recession, we reached out to top-performing real estate agent Andy Peters , who sells properties 50% faster than the average agent in Atlanta, Georgia. If you’re a seller, you have to really get ahead of the market, and you have to wow them. Real Estate Agent.

Seller concession 96

Seller concession Inspection Agents Renovation 96

Realty Biz

JULY 31, 2023

Cash for the down payment, cash for closing costs, cash for repairs, cash for operating reserves. Charge Renovation Costs on Your Credit Card When you buy a fixer-upper, you pay less up front for the property, which means a lower down payment and lower closing costs than comparable turnkey properties in the same neighborhood.

Seller concession 80

Seller concession Closing costs Renovation Equity 80

HomeLight

FEBRUARY 8, 2023

In the current shifting market, top real estate agent Sharon Quataert , who works with over 85% more single-family homes than the average area agent, says one of the biggest mistakes sellers can make is to overprice. Partner with a Top New York Agent Connect with a top-performing real estate agent in New York State.

Purchase and sale agreement 84

Purchase and sale agreement Inspection Investor Agents 84

HomeLight

APRIL 11, 2023

We dug into our database and spoke with a veteran real estate agent in the state to help answer these questions. Find a Top Buyer's Agent in Arizona HomeLight can connect you with the top agents in your selected Arizona city or town. Sit down and do an interview with the agents you’re considering.

Purchase and sale agreement 84

Purchase and sale agreement Agents Seller concession Inspection 84

HomeLight

JULY 25, 2022

The average length of home ownership has shrunk to just seven years, according to Brad Gore , a top agent who works with 74% more single-family homes than the average Branson, Missouri, agent. This free tool will provide an estimate of the costs of selling your home and the potential net proceeds you might earn.

Closing costs 93

Closing costs Equity Short sale Agents 93

HomeLight

JULY 25, 2022

The most common reason for selling a house after one year is job relocation, according to Brad Gore , a top agent who works with 74% more single-family homes than the average Branson, Missouri, agent. Contact an experienced agent to put together a comparative market analysis. It’s worth the cost.”. A family emergency.

Closing costs 90

Closing costs Equity Short sale Sales 90

HomeLight

FEBRUARY 25, 2022

The five year rule is not hard and fast — in fact, some real estate agents don’t even refer to it as such. Testing the 5 year rule: How much does it cost to sell my home? If you’ve purchased a home within the past five years, you may remember the costs associated with purchasing it, from inspection fees to closing costs.

Seller concession 92

Seller concession Closing costs Investor Agents 92