Housing Wire

MAY 28, 2024

Exit Realty had 14 affiliates that closed at least 500 sides in 2023, according to RealTrends. Earnnest, based in South Carolina , has reportedly facilitated more than 350,000 digital earnest money deposits with a total value of more than $2 billion since its inception in 2017.

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RIS Media

APRIL 1, 2021

. – Sellers feel that your offer may be less risky and no foreseeable roadblocks to closing escrow. – Loss of Earnest Money Deposit (EMD) and other financial liabilities. – Savvy clients may feel more comfortable with the real estate process.

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HomeLight

OCTOBER 30, 2020

But is the cash closing process always seamless? A cash deal can close in as little as 7 days, while financed home purchases tend to take an average of 45 days to close. With a mortgage, there are all kinds of things that can go wrong to delay closing — financing issues and appraisals coming in low are two of the most common.

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Realty Biz

SEPTEMBER 4, 2023

What it doesn’t take is much money. You only need to put a small amount down as an earnest money deposit, and you get that money back either when the deal closes or if you put contingencies in place for it. To cover closing costs, negotiate a seller concession. You can buy and sell them instantly.

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The Close

FEBRUARY 14, 2024

Trevor James, writer and coach , The Close “On my very first deal, I took my clients to see a cute loft-style condo. We went forward with them, and the closing kept getting delayed; we didn’t close for 48 days. Plus, my clients nearly lost their earnest money deposit due to the delays.

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RIS Media

SEPTEMBER 1, 2020

Fast forward to the beginning of 2017 when Clements was helping his client, Daniel Jeffords, purchase a home and the two started talking about the real estate process while sitting at the closing table. It can also be a huge relief to brokerages where agents are receiving violations for trust fund reporting,” says Clements.

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RIS Media

DECEMBER 3, 2020

We believe this is a huge step toward a new, faster, better real estate transaction experience for agents, brokerages, and buyers and sellers.” Marketplace provides a curated library of digital tools, services, and solutions for every aspect of a transaction, from listing to close and beyond.

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