HomeLight

NOVEMBER 1, 2021

Industry experts estimate that sellers can expect to pay anywhere from 6% to 10% of their home’s purchase price in closing costs when it’s time to sell. So if your home sells for $450,000, you could spend anywhere between $27,000 to $45,000 in seller fees. Property inspections. Typical seller closing costs.

Closing costs 80

Closing costs Closing Seller concession Purchase and sale agreement 80

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. Buyer’s agent fee (~3%).

Closing costs 104

Closing costs Closing Title Title search 104

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. Agent commission.

Closing costs 100

Closing costs Closing Purchase and sale agreement Title search 100

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

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

JULY 11, 2022

This is the traditional strategy, but in some cases their dollars can go further if they look in different areas that are close to their desired location. 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.

Seller concession 79

Seller concession Closing costs Inspection Title search 79

Redfin

MARCH 3, 2022

Once your offer has been accepted, the excitement kicks in, and the countdown to closing begins. But before you can get your keys, you’ll want to be cautious of any roadblocks or setbacks that could cause a delayed closing and postpone your move-in date. So how can you avoid a delayed closing? What does delayed closing mean?

Closing 63

Closing Title search Purchase and sale agreement Title 63

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

Redfin

JULY 26, 2021

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. . They are prepared (at no charge to you) by your real estate agent. Home Inspection. One of the first items is a home inspection. Home repairs.

Seller concession 71

Seller concession Closing costs Inspection Staging 71

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

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. Before closing, any contingencies attached to the offer must be met.

Purchase and sale agreement 52

Purchase and sale agreement Inspection contingency Seller concession Backup offer 52

HomeLight

NOVEMBER 10, 2021

We’re here to help you prioritize the big stuff with these recommendations for impactful pre-listing tasks that will resonate with buyers, plus a suggestion for materials and paperwork to gather now to help prevent closing delays. Make sure the windows open and close, and repair any that stick. Source: (Ricky Singh / Unsplash).

Inspection 119

Inspection Title Seller concession Agents 119

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 112

Marketing Inspection Staging Seller concession 112

Realty Biz

DECEMBER 7, 2022

Also, cutting back branches that are close to or touching the roof, will prevent damage in stormy conditions when branches fall or rub against it. Although replacing the roof may seem like a logical course of action, it may be more beneficial to negotiate a seller's concession with the home buyer. Final Thoughts.

Seller concession 99

Seller concession Inspection As-is Development 99

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 95

Closing costs Closing Purchase and sale agreement Title 95

The Close

FEBRUARY 20, 2024

Standout sellers: Sellers (and their agents) must focus on marketing, repairs, and competitive pricing to stand out and snag offers. Preparation and presentation: Sellers should focus on depersonalizing and decluttering their homes to appeal to a wide range of buyers. Pricing can fluctuate rapidly in a seller’s market.

Marketing 93

Marketing Debt-to-income ratio MLS Pre-approval 93

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. Additional closing costs may include any seller concessions, attorney fees, and the buyer’s agent’s commission.

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. It’s customary for the seller to pay both.)

Seller concession 109

Seller concession Purchase and sale agreement Inspection Title 109

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. You’ll also need to consider closing costs on your new house, typically three percent of the purchase price.

Staging 63

Staging Renovation Closing costs Agents 63

HomeLight

APRIL 17, 2024

Both promise to buy your home for cash, and close quickly. Others perform a home inspection while their competitor skips one. This enables you to skip many of the typical hassles of selling a house (repairs, showings, open houses), and close in as little as 10 days. They also offer a home listing option for home sellers.

Seller concession 103

Seller concession Inspection Rent back Closing 103

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 90

Seller concession Closing costs Inspection Agents 90

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 94

Closing Seller concession Sales Closing costs 94

HomeLight

MARCH 19, 2022

I tell my sellers that we are a team, and if they’ll do their part, I’m going to do my part,” says Brandi Abram , a top-selling real estate agent in Lawrence, Kansas. A Realtor® is not exactly the same thing as a real estate agent, though they’re similar. In fact, 82% of recent sellers hired the first agent they met.

Closing 97

Closing Due diligence Agents Staging 97

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 91

Seller concession Closing costs Inspection Closing 91

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. Cost to seller.

Seller concession 116

Seller concession Staging Inspection Renovation 116

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 85

Seller concession Purchase and sale agreement Closing costs Inspection 85

Realty Biz

JANUARY 19, 2024

Interviewing and selecting a buyer's agent and choosing a mortgage lender and real estate attorney are vital steps. Take a close look at your income, expenses, and existing debts. Find an Exceptional Buyer's Agent Having a buyer's agent when purchasing your first home is incredibly important for several reasons.

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 122

Seller concession Closing costs Staging Sales 122

HomeLight

JUNE 14, 2022

What are common expenses for home sellers in Seattle? Ann Nordling , a top real estate agent from Seattle who works with over 70% more single-family homes than the average area agent, notes the cost to sell a house in Seattle will vary on a case-by-case basis within a changing market. Buyer’s agent fee: $22,127-$26,553.

Seller concession 106

Seller concession Closing costs Agents Closing 106

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 100

Seller concession Inspection Agents Renovation 100

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. Seller concessions. Closing costs. Santiago Valdez.

Seller concession 94

Seller concession Purchase and sale agreement Closing costs Title 94

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 72

Seller concession Closing costs Homeowner’s association Title 72

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 93

Seller concession Purchase and sale agreement Closing costs Inspection 93

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 85

Seller concession Closing costs Inspection Homeowner’s association 85

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. An overview of expenses sellers typically encounter includes: home repairs, staging, and other prep work.

Seller concession 101

Seller concession Closing costs Renovation Title search 101

HomeLight

NOVEMBER 30, 2022

With this shifting landscape in mind, arguably the most important first step in your homebuying journey is knowing how to pick a real estate agent. According to a National Association of Realtors report, 86% of buyers said their agent was a useful source of information when navigating the homebuying process. Get Started.

Agents 109

Agents Purchase and sale agreement Technology Seller concession 109

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 89

Purchase and sale agreement Inspection Investor Agents 89