Housing Wire

APRIL 8, 2024

After a few months of downward data in its performance metrics, the reverse mortgage industry saw a slightly different story play out in March that should come as welcome news. But case numbers are a strong indicator of future industry performance, and new case number data for February performed strongly, RMI said.

Mortgages 344

Mortgages Seller concession Loans Equity 344

Housing Wire

MARCH 6, 2024

Industry remains optimistic Every tracked geographic region recorded lower volume in February, but the largest — Pacific/Hawaii — recorded the least severe drop of 6.2%, according to RMI. It’s great to see the largest region drop less than most others, as that has a disproportionate impact on the overall industry,” Lunde told RMD.

Mortgages 341

Mortgages Seller concession Principal Loans 341

RIS Media

FEBRUARY 29, 2024

In real estate transactions, buyers and sellers often negotiate various aspects of the deal. Negotiations can include the purchase price, closing costs and contingencies. One element that frequently arises during these negotiations is referred to as seller concessions or repair credits.

Seller concession 114

Seller concession Closing costs Closing As-is 114

Housing Wire

FEBRUARY 2, 2024

John Lunde Outreach to individual reverse mortgage originators has seemed to indicate a perceived rise in inbound inquiries, but inquiries do not always result in closed loans. There’s always been a seasonality to the industry where the holidays are significantly slower than immediately before and after.”

Mortgages 343

Mortgages Seller concession Loans Finance 343

Housing Wire

APRIL 12, 2023

With the mortgage industry still rightsizing, mortgage professionals are worried about regulation of the industry and inflation that thins already tiny margins. None of the surveyed mortgage professionals said staff cuts caused decreased ability to close loans and lack of training were the challenges they faced. About 19.4%

Mortgages 302

Mortgages Loan Officer Marketing Seller concession 302

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. Typical seller closing costs. Appraisal fee.

Closing costs 75

Closing costs Closing Seller concession Purchase and sale agreement 75

Housing Wire

OCTOBER 27, 2022

When borrowers show hesitancy due to high mortgage rates, loan officers work with options such as temporary rate buydowns, which allow homebuyers to receive lower mortgage rates at the start of their loan terms by using seller concessions as part of the payment. United Wholesale Mortgage (UWM) launched the product in August.

Mortgages 349

Mortgages Fixed-rate mortgage Loan Officer Seller concession 349

Housing Wire

JANUARY 13, 2023

Going from a volatile rate environment in the latter half of 2022 to a market with lower, more stabilized rates, there’s optimism spreading across the industry that buyers will come back. Connie Kim: There seems to be optimism in the mortgage industry at the start of the new year. How have the first two weeks of January been?

Pre-approval 374

Pre-approval Marketing Seller concession Mortgages 374

The Close

DECEMBER 14, 2023

Gross commission income (GCI) is the full amount of money a real estate agent may receive in exchange for representing a buyer, seller, or both in a real estate transaction. Say you’ve got a seller concession of 2% of the sale price to cover the cost of some repairs. What Is Gross Commission Income?

Agents 96

Agents Seller concession Brokerage Closing 96

Easy Agent Pro

SEPTEMBER 5, 2023

This can help showcase your commitment, flexibility, and willingness to meet the seller’s needs, ultimately positioning you as the most attractive buyer. A larger deposit can give the seller confidence in your ability to close the deal and may make your offer more enticing compared to others.

Earnest money deposit 76

Earnest money deposit Seller concession Purchase and sale agreement Pre-approval 76

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 109

Seller concession Staging Inspection Renovation 109

HomeLight

APRIL 17, 2024

Both promise to buy your home for cash, and close quickly. 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. Like Opendoor, they also offer a home listing option for sellers.

Seller concession 95

Seller concession Inspection Rent back Closing 95

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. You are your customer’s best advocate when it comes to evaluating seller concessions. When it comes to making an offer, even experienced homebuyers need reminders.

Seller concession 79

Seller concession Closing costs Inspection Title search 79

Realty Biz

DECEMBER 5, 2022

The crazy hot seller's market forced many home buyers into forgoing their inspection. Keep the minor items off of your requests to the seller but don't forget about doing the repairs, as they could grow into more significant problems. Part of negotiating after a home inspection is knowing what is reasonable to ask for as a concession.

Inspection 137

Inspection Earnest money deposit Purchase and sale agreement Inspection contingency 137

Real Trends

JANUARY 2, 2023

An increasing number of agents are exiting the industry because of these roller coaster conditions. Today’s homebuyers and sellers have genuine real estate needs such as death, divorce, illness, relocation and job loss, to name a few. There are some markets that still favor the seller and others that are heavy buyer markets.

Seller concession 99

Seller concession Agents Mortgages Equity 99

HomeLight

APRIL 14, 2023

Using the information you provide about your home along with local neighborhood data, we’ll get you a no-obligation cash offer that will allow you to close in as little as 10 days. Receive your offer within a week and close in as little as 10 days. HomeLight was founded in 2012 and is BBB accredited with an A+ rating.

Sales 81

Sales Due diligence Agents Closing 81

RIS Media

FEBRUARY 17, 2022

Despite one of the most robust seller markets in real estate on record, with homes selling “faster than you ever thought possible,” iBuyers registered a breakout year in 2021, increasing business fivefold year-over-year according to a new report from zavvie. Homeward kicked off a 20-state expansion plan.

Seller concession 84

Seller concession Loan contingency Mortgages Loans 84

HomeLight

APRIL 11, 2023

Across the state, the market is shifting from a hot seller’s market to a more stable, but still seller’s market. Across the state, the market is shifting from a hot seller’s market to a more stable, but still seller’s market. But even with this trend, markets are highly local, and now is a good time for buyers to jump in.

Fixed-rate mortgage 84

Fixed-rate mortgage Seller concession Agents Sales 84

HomeLight

SEPTEMBER 10, 2022

Wiggs is an expert in the industry, working with 70% more single-family homes than the average Yonkers area agent. She gives an example of one home seller who bought their home in December 2021 and told Wiggs in July they had to sell. Supply and demand – a seller’s market where demand is high. from May 2021 to May 2022.

Closing costs 90

Closing costs Agents Seller concession Closing 90

The Close

FEBRUARY 20, 2024

In real estate, the market is tied to the basic economic rule of supply and demand, which determines if a market is a buyer’s market vs seller’s market. I’ll help you identify “ Is it a buyer’s or a seller’s market?” I’ll help you identify “ Is it a buyer’s or a seller’s market?” What Is a Seller’s Market?

Marketing 92

Marketing Debt-to-income ratio MLS Pre-approval 92

HomeLight

APRIL 11, 2023

For this reason, many industry publications will advise that you buy in January or February for a better price. We dug into our database and spoke with a veteran real estate agent in the state to help answer these questions. When is the best time of year to buy a house in Arizona? Arizona doesn’t quite fit that mold, however.

Purchase and sale agreement 81

Purchase and sale agreement Agents Seller concession Inspection 81

HomeLight

NOVEMBER 30, 2022

When you choose well, your real estate agent will be your guide as you find your perfect home and make it to the closing table. Moving into 2023, sellers are lagging behind the trends and expecting to get a premium price without doing much to their home. Attending the closing and ensuring it goes smoothly. Get Started.

Agents 107

Agents Purchase and sale agreement Technology Seller concession 107

Redfin

DECEMBER 27, 2023

Other contributors to the quieter rental market: Strong new construction in the apartment industry, and fewer new households forming (two or more people living together). Home buyers didn’t want to pay twice as much for a home than they would have three to four years ago, and home sellers didn’t want to give up their pre-pandemic rates.”

Marketing 65

Marketing Mortgages Investor New Construction 65

HomeLight

JULY 14, 2021

Is the home’s resale value compromised, and can you negotiate a price cut with the seller? You’re in full-on house-hunting mode, viewing as many homes as you can, and your real estate agent takes you to see one that you think just might be the one. Then you walk into the house and realize … it smells. Like an old, dirty ashtray.

Seller concession 106

Seller concession Agents As-is Staging 106

HomeLight

APRIL 29, 2022

Online real estate companies are great tools for sellers because of their convenience. As a seller, you will be able to find a top agent, market your home’s amenities, provide photos, and give valuable information about your property to a large audience of potential buyers. What are online real estate companies? Find an Agent.

Agents 88

Agents MLS Closing Home sale contingency 88

HomeLight

MARCH 13, 2022

We’ll also provide a comprehensive overview on the full process to prep, market, and close on your home without the assistance of a real estate agent. In a FSBO scenario, the seller assumes the responsibilities that would normally fall to their agent such as pricing the home, arranging showings, and negotiating the deal. Learn More.

MLS 94

MLS Agents Mortgage pre-approval letter Sales 94

HomeLight

APRIL 27, 2023

We’ll also provide a comprehensive overview of the full process to prep, market, and close on your home without the assistance of a real estate agent. In an agent-assisted sale, the seller typically pays a commission amounting to around 6% of the sale price, which is then most often split 50/50 with the buyer’s agent.

MLS 80

MLS Agents Sales Mortgage pre-approval letter 80

HomeLight

MAY 1, 2023

We’ll also provide a comprehensive overview of the full process to prep, market, and close on your home without the assistance of a real estate agent. In an agent-assisted sale, the seller typically pays a commission amounting to around 5% to 6% of the sale price, which is then most often split 50/50 with the buyer’s agent.

MLS 70

MLS Agents Mortgage pre-approval letter Sales 70

HomeLight

APRIL 26, 2023

We’ll also provide a comprehensive overview of the full process to prep, market, and close on your home without the assistance of a real estate agent. In an agent-assisted sale, the seller typically pays a commission amounting to around 6% of the sale price, which is then most often split 50/50 with the buyer’s agent.

MLS 67

MLS Agents Sales Proof of funds 67

HomeLight

APRIL 13, 2023

Get Started With millions of homes sold each year, a modest portion of sellers — about 7% in 2021 and 10% in 2022 — choose to list “For Sale By Owner” (or FSBO — pronounced fizz-bow). We’ll also provide a comprehensive overview of the full process to prep, market, and close on your home without the assistance of a real estate agent.

MLS 84

MLS Agents Sales Mortgage pre-approval letter 84

HomeLight

OCTOBER 11, 2022

With millions of homes sold each year, a modest portion of sellers — about 7%-8% , historically — choose to list “For Sale By Owner” or FSBO (pronounced fizz-bow). With millions of homes sold each year, a modest portion of sellers — about 7%-8% , historically — choose to list “For Sale By Owner” or FSBO (pronounced fizz-bow).

MLS 96

MLS Purchase and sale agreement Pre-approval Agents 96

HomeLight

MAY 25, 2023

We’ll also provide a comprehensive overview of the full process to prep, market, and close on your home without the assistance of a real estate agent. In an agent-assisted sale, the seller typically pays a commission amounting to around 6% of the sale price, which is then most often split 50/50 with the buyer’s agent.

MLS 82

MLS Pre-approval Agents Sales 82

HomeLight

MAY 1, 2023

We’ll also provide a comprehensive overview of the full process to prep, market, and close on your home without the assistance of a real estate agent. In an agent-assisted sale, the seller typically pays a commission amounting to around 6% of the sale price, which is then most often split 50/50 with the buyer’s agent.

MLS 73

MLS Agents Sales Mortgage pre-approval letter 73

HomeLight

NOVEMBER 23, 2022

With millions of homes sold each year, a modest portion of sellers — about 7% in 2021 and 10% in 2022 — choose to list “For Sale By Owner” (or FSBO — pronounced fizz-bow). We’ll also provide a comprehensive overview of the full process to prep, market, and close on your home without the assistance of a real estate agent.

MLS 81

MLS Agents Sales Closing 81

HomeLight

APRIL 27, 2023

We’ll also provide a comprehensive overview of the full process to prep, market, and close on your home without the assistance of a real estate agent. In an agent-assisted sale, the seller typically pays a commission amounting to around 6% of the sale price, which is then most often split 50/50 with the buyer’s agent.

MLS 65

MLS Agents Sales Mortgage pre-approval letter 65

HomeLight

OCTOBER 20, 2022

With millions of homes sold nationally each year, a modest portion of sellers — about 7%-8% , historically — choose to list “For Sale By Owner” (or FSBO — pronounced fizz-bow). We’ll also provide a comprehensive overview of the full process to prep, market, and close on your home without the assistance of a real estate agent.

MLS 80

MLS Agents Mortgage pre-approval letter Sales 80

HomeLight

DECEMBER 8, 2022

With millions of homes sold each year, a modest portion of sellers — about 7% in 2021 and 10% in 2022 — choose to list “For Sale By Owner” (or FSBO — pronounced fizz-bow). We’ll also provide a comprehensive overview of the full process to prep, market, and close on your home without the assistance of a real estate agent.

MLS 85

MLS Agents Sales Closing 85