HomeLight

APRIL 29, 2021

For expert insight, we spoke with Kurt Thompson , a top real estate agent and former president of the Massachusetts Association of Realtors®. ” Start by clearing off flat spaces like your kitchen counter — an essential task, according to nearly 97% of real estate agents surveyed by HomeLight. Source: (Zac Gudakov / Unsplash).

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Purchase and sale agreement Pre-approval Inspection Inspection contingency 97

The Close

APRIL 28, 2022

Luckily, beating a cash offer on a house is not as hard as many agents think. Once the property is purchased, the buyer rents the property from Homeward until their loan is finalized. Many listing agents today will not review the offers for three to four days after the property becomes active. Here’s how it works. Don’t do this!

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Rent back Closing costs Finance Agents 104

Realty Biz

JULY 7, 2021

There may be rare local circumstances where this will work but it should only be based on the advice of a trusted real estate agent. Before you write up your offer, have your agent contact the selling agent to learn if there are other offers on the house. Require a minimal home inspection. Include an escalation clause.

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Inspection contingency Marketing Inspection Rent back 88

RIS Media

JULY 8, 2021

Coach Your Agents to Greater Success When Representing Buyers Through Preparedness and Hustle. When navigating highly complex, multiple-offer negotiations in the current real estate market, it’s important for agents representing buyers to be prepared, proactive, and provide the best chance to win a bid for their dream home.

Marketing 105

Marketing MLS Agents Rent back 105

HomeLight

AUGUST 31, 2021

The associated contingencies , which come with additional risks for the seller, are where you’ll find most key distinctions between a cash offer and an offer backed by a mortgage loan. Updated August 31, 2021. The most obvious contingency with an offer that requires financing is, of course, the financing itself. Though you can (and should!)

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Due diligence Inspection Pre-approval Pre-qualification 83

HomeLight

MARCH 31, 2022

To succeed in getting a seller to consider your offer, you need to work in advance with your real estate agent to assess the best bargaining tools to entice the seller to move your offer to the top of the list. The financing approval and the inspection contingency are first-level contingencies,” Ballenger explained.

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Home sale contingency Sales Purchase and sale agreement Inspection contingency 89

Real Trends

JULY 15, 2022

Because of today’s tight market agents have a great opportunity to assure sellers get the best price for their home. A good agent should help a seller make his home as appealing as possible. This only makes the process harder for the buyer and his agent.

Loan Officer 52

Loan Officer Agents Rent back Finance 52

Redfin

JULY 30, 2020

Redfin agents cite health concerns around the pandemic and competition fueled by a worsening housing shortage as reasons more buyers are bidding on homes before visiting them. 45% of surveyed homebuyers said they made a bid on a home without first seeing it in person, up from 28% in 2019. Where in the building is the unit?

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Inspection contingency Purchase and sale agreement Pre-approval Inspection 73

HomeLight

APRIL 19, 2021

Condos cost 30% more on average than co-ops,” says Dylan Hoffman , a local agent with over 19 years of experience, who’s sold 37% more properties than the average New York agent. Inspections & attorneys. Hoffman notes that small studios in co-ops can start at $265,000 compared to $500,000 in condos. million in condos.

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Earnest money deposit Due diligence Inspection Agents 64

Redfin

FEBRUARY 2, 2021

2) Get a Great Real Estate Agent. Having a great real estate agent by your side throughout this process can help make everything go more smoothly and aid you in making an offer quickly when the time comes. What is a Seller’s Market? A seller’s market usually results in rising home prices and stiffer competition among homebuyers.

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Pre-approval Purchase and sale agreement Marketing Inspection contingency 65

Redfin

MAY 7, 2021

I always advise potential sellers to look at the homes on the market, and if they don’t see anything they like, I recommend that they wait to list until they do,” said Portland, OR Redfin real estate agent Rebecca Walter. Homeowners in a seller’s market face a conundrum. On one hand, their home is worth more than it has ever been.

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Purchase and sale agreement Marketing Equity Loans 79

Marco Santarelli

MAY 4, 2023

This trend has continued into 2023, with homebuyers still seeking out these properties. A good home in the resale market is selling quickly, and buyers today are not the same as those who bought 12 months ago. Competition for Turnkey Homes Remains Fierce Competition for turnkey homes in good school districts remains fierce.

Sales 52

Sales Pre-approval Investor Renovation 52

HomeLight

APRIL 17, 2024

Others perform a home inspection while their competitor skips one. Like Opendoor, they typically perform a home inspection before finalizing their offer. In normal home sales, many real estate agents are negotiating rent-back periods for home sellers. Not all cash, or iBuyers , are the same. What is Opendoor?

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Seller concession Inspection Rent back Closing 104

HomeLight

APRIL 29, 2021

Think back to the quiz you aced during 10th grade economics with Mrs. Patil: supply and demand. To help us understand both buyer’s and seller’s markets, we spoke with top real estate agent Kim Rock. Are [they] making an offer, and how quickly can [they] get that offer in the listing agent’s hands?”. Source: (yi sk / Unsplash).

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Marketing Sales Agents Construction 109

HomeLight

FEBRUARY 4, 2022

And if you’ve recently overheard a work colleague gloating about how they easily bought a house without a real estate agent, one of those questions might be whether you actually need to hire an agent at all. Yes, you can buy a house without the aid of a real estate agent. An agent is your advocate. And lots more!

Agents 101

Agents Purchase and sale agreement Due diligence Inspection 101

HomeLight

MARCH 22, 2021

You need to write offers that tell the listing agent your offer has the best terms, lowest risk, and is most likely to cross the proverbial finish line. You can find the group here: HomeLight Agent Community – The Walkthrough. HomeLight’s Agent Resource Center. The best price doesn’t always win a bidding war.

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Agents Inspection Inspection contingency Pre-approval 75

HomeLight

OCTOBER 12, 2020

You need to write offers that tell the seller and listing agent three things: your offer has the best terms. Sarita Dua is a top agent in Portland, Oregon who’s been winning bidding wars all year long — including seven straight in a single weekend. HomeLight’s Agent Resource Center. Links and Show Notes.

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Agents Inspection Inspection contingency Pre-approval 98

HomeLight

JUNE 30, 2021

Christina Roberto , an agent in Georgetown, Texas, who works with 78% more single-family homes than the average agent in her area, has had offers with sales contingencies accepted even in a hot seller’s market. If the contingency isn’t met, it usually means that you can drop out of the purchase and get your earnest money back.

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Rent back Inspection contingency Earnest money deposit Finance 104

HomeLight

NOVEMBER 10, 2021

Agent John Leinaar works in Kalamazoo , Michigan, an area where many pharmaceutical companies operate. Agent John Leinaar works in Kalamazoo , Michigan, an area where many pharmaceutical companies operate. It will help your agent bring you the right houses, too. But it will be different from a normal homebuying experience.

Inspection 93

Inspection Title Agents Pre-approval 93

HomeLight

MARCH 2, 2023

If you’re shopping for a home in San Diego, a trusted buyer’s agent is a key member of your team. HomeLight analyzes millions of transactions and thousands of reviews to find you a proven, top-performing agent in just under two minutes. Find a Buyer's Agent What will it cost to buy a home in San Diego?

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Closing Earnest money deposit Sales Inspection 100

HomeLight

JANUARY 7, 2022

We’ve talked to veteran real estate agents to build an end-to-end guide on how to buy a house while selling your own. Real Estate Agent. Real Estate Agent at RE/MAX Results. Before you make any decisions, a real estate agent can give you a sense of what your house could list for right now and how fast it’s likely to sell.

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Equity Loans Debt-to-income ratio Closing 104

HomeLight

JANUARY 4, 2022

Fifty-eight percent of surveyed agents expect the recent rise in cash offers to persist beyond the temporary housing craze, as sellers now have greater expectations for convenience, speed, and certainty. A 2022 market survey conducted by HomeLight echoes that cash is here to stay. Sell Your House for Cash: Request an Offer Today.

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Investor Finance Inspection Sales 98

HomeLight

FEBRUARY 28, 2022

That’s why we’ve spoken to top real estate agents and other professionals to create a guide that covers common challenges you could face and some alternate routes that might work better for you if you decide to sell and buy a house at the same time. Find Agent. Complicated logistics. Buying and Selling at the Same Time? Contingencies.

Equity 123

Equity Debt-to-income ratio Closing Loans 123

HomeLight

MARCH 20, 2023

With the help of real estate agent Jesse Allen , a single-family home expert in southern Indiana , we’ll help to explain the ins and outs of home sale contingencies, and offer additional alternatives for buyers who currently own a home. Find a Buyer's Agent What is a home sale contingency?

Home sale contingency 97

Home sale contingency Purchase and sale agreement Sales Earnest money deposit 97

HomeLight

MARCH 28, 2022

No staging, no repeated showings, no agent commissions. Although it’s not a substitute for a home appraisal or an agent’s comparative market analysis (CMA) , it can be a helpful starting point in a quest to determine how much equity you have. Relocating for a job when you own a house can be especially challenging. Request Offer.

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Purchase and sale agreement Equity Agents Staging 116

HomeLight

OCTOBER 5, 2020

In this episode of The Walkthrough, you’ll meet a top agent in the red-hot Portland, Oregon, market who’s been winning bidding wars all year long — including seven straight in a single weekend! You can find the group here: HomeLight Agent Community – The Walkthrough. HomeLight’s Agent Resource Center.

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Agents Backup offer Inspection Closing 84

HomeLight

MARCH 15, 2021

In this episode of The Walkthrough, Portland agent Sarita Dua shares how she won seven straight bidding wars in a single weekend. You can find the group here: HomeLight Agent Community – The Walkthrough. HomeLight’s Agent Resource Center. This episode is an encore presentation of episode #33 of The Walkthrough.).

Agents 80

Agents Backup offer Inspection Closing 80

HomeLight

OCTOBER 1, 2020

It’s good to understand the market of the moment,” says Madison-based real estate agent Lynn Holley , who works with 72% more single-family homes than the average agent in Madison. But after the appraisal, the tides have turned — the price initially seemed right, but the appraiser doesn’t feel the same way. So, what can you do?

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Purchase and sale agreement Short sale Rent back Sales 92

HomeLight

DECEMBER 14, 2021

Top agent Dave Mattes , who completes 21% more sales than the average agent in Reading, Pennsylvania, thinks that “a good real estate agent is somebody that dedicates enough time to treat their customers well, and they have fast responses, market knowledge, and good communication.”. What are the agent’s actual results?

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Pre-qualification Earnest money deposit Agents Days on market 107

HomeLight

MAY 24, 2021

Our expert-backed guide is here to help. Therefore we’re giving them a leg up where they could compete against all-cash offers or the average agent that’s just getting the basic pre-qualification,” he says. Your budget is $300,000. You see a house you love, and it’s listed at $300,000. Perfect match, right? Not so fast.

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Pre-qualification Pre-approval Purchase and sale agreement Loans 108

Realtor.com

OCTOBER 29, 2020

Most purchase agreements have contingencies —things that buyers must do before the real estate transaction is official, explains Jimmy Branham , a Coral Springs, FL, real estate agent at the Keyes Company. If something is wrong, you can request that it be fixed—or you can back out of the sale. Clear the title.

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Closing Earnest money deposit Inspection contingency Purchase and sale agreement 139

HomeLight

JANUARY 28, 2022

Michael Ramos is an experienced agent in San Jose , California, who sells homes 61% faster than average agents in his area. These companies target homeowners in urgent or time-sensitive situations, such as an unexpected move to a care facility or a deceased family member. Sell Your Home Without Repairs, Staging, or Showings.

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Purchase and sale agreement Investor Agents Sales 109

HomeLight

APRIL 21, 2022

For more expertise, top real estate agent Kris Shook , who works with 77% more single family homes than the average agent in Tacoma, Washington, shares insights. A Top-Rated Agent Can Help You Field Buyer Offers. An experienced agent can guide you on whether or not the offers you receive on your home are worth considering.

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Inspection contingency Home sale contingency Pre-approval Agents 108

HomeLight

SEPTEMBER 11, 2020

Basic overview: You’ll work with your agent to deliver the offer to the seller’s agent on the forms used in your state. If and when all parties do agree to the terms, your agent will draft a final offer, and all parties will sign it. Hire the right agent. Buyer’s agents, we know the tricks. Set your budget limits.

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Earnest money deposit Purchase and sale agreement Inspection contingency Home sale contingency 89

HomeLight

DECEMBER 14, 2021

Whether you’re a first-time homebuyer or an empty nester who’s bought and sold several homes but wants to downsize, one thing’s for sure — you both need to find the best real estate agent to guide you to success. But, how do you find that agent or Realtor®? Be sure and ask any agent that you’re interviewing about their qualifications.

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Earnest money deposit Agents Days on market Sales 99

HomeLight

MAY 24, 2022

“When I talk to my clients, it’s really about looking at the big picture and then what’s right for them,” says Deidre Quinn , an award-winning agent in the Philadelphia area. We’ve done the research and interviewed top real estate agents to help you answer this all-important question — should I sell my house in 2022?

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Pre-approval Equity Agents Closing costs 98

HomeLight

FEBRUARY 28, 2021

Top-performing Arlington real estate agent Ray Gernhart , a 30-year Arlington resident, says people want to buy a house in Arlington for several reasons. “A for safety, security, and good schools,” says Gernhart, a single-family home expert, closing 73% more deals than area agents. on the southwestern bank of the Potomac River.

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Earnest money deposit Land Residential Inspection contingency 100