April, 2024

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GSEs will not count buyer agent commissions as IPCs

Housing Wire

Based on the selling guides in use by the GSEs, property sellers are allowed to make financing concessions toward the borrower’s closing costs at a maximum amount of 2% to 9% of the property value.

Agents 527
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4 Things to Consider If You’re Waiting to Sell Your House until after the Real Estate Settlement Takes Effect

Lighter Side of Real Estate

2) You Could Miss out on a Hot Market According to Yahoo Finance , a recent survey revealed that 79% of sellers already regret missing the hottest market in decades, and wish they’d sold their home sooner. You’ll still be allowed to do so, it just won’t be published within the MLS listing.

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Price Reduction in Real Estate: A 5-step Guide for Agents

The Close

Strategy 2: Offer Seller Financing This idea isn’t as much a price-reduction strategy as it is about attracting buyers. If the seller can offer full or partial seller financing at slightly better than market mortgage rates, a buyer may be willing to pay a little more for the property since they’ll save money on interest payments over time.

Agents 77
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The ‘double-edged sword’ of dual licensing

Housing Wire

The basic rule is that to be a loan originator, you have to be licensed and be sponsored on an MLS by a licensed or exempt entity. How is someone going to be able to do all of that, as well as the increasingly hard demands of being a really good lender and financing specialist?”

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Selling a House ‘As Is’ in New York

HomeLight

MLS has a field to mark a listing “as is”? But if you do end up working with a financed buyer, be aware that different mortgage types (such as conventional loans or government-backed FHA, USDA, or VA loans) have different minimum property standards. Curious to know more about the Simple Sale experience?

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