HomeLight

MAY 2, 2023

Most real estate agents in California get paid through commissions. Commissions are typically calculated as a percentage of a property’s sale price, though some brokerages will charge a flat fee. The average agent commission rate nationwide is 5.8% As top San Francisco Bay area agent Carl Medford explains, “Typically, 2.5%

Purchase and sale agreement 87

Purchase and sale agreement Agents Staging Brokerage 87

Realtor.com

JANUARY 12, 2021

When is a sale a sale? As a seller, make sure you are willing to accept an offer and know that you may not be able to get out of the deal,” says John Meyers , a real estate agent with Myers and Myers Real Estate in Albuquerque, NM. “It Then it happens—another offer comes in, and a better one at that.

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Backup offer Purchase and sale agreement Due diligence Inspection 115

Kyle Handy

MAY 8, 2023

As a real estate agent, have you ever found yourself scratching your head, wondering how much commission you should be making? What’s the first thing any new real estate agent wants to know ? Many people assume that the entire Realtor fee goes to the real estate agent. Let’s say you’re the buyer’s agent.

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Purchase and sale agreement Closing costs Commercial Due diligence 87

Toronto Realty Blog

SEPTEMBER 22, 2023

Rob and Michelle surely didn’t want to be homeless , but Rob had a major problem in front of him: he was stuck in a representation agreement with an agent whom he absolutely refused to be involved with. Rob’s “contract” with the agent, Abigail, had four months left on it. Or maybe not. Rightfully so.

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Purchase and sale agreement Brokerage Agents As-is 75

HomeLight

FEBRUARY 27, 2021

According to HomeLight’s transaction data analysis, the national average real estate agent commission rate is 5.8% of the final home sale price. So, who pays for real estate agent commission? In the National Association of Realtors’ (NAR) 2020 survey, 77% of sellers reported that they paid for the agents’ commission.

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Agents Purchase and sale agreement Staging MLS 85

HomeLight

AUGUST 30, 2021

For the right would-be buyer, a rent-to-own arrangement can be an ideal path to invest in a future home purchase — a time to save money and improve credit, or wait for an expected shift in circumstances, while living in a home that will one day be yours. Further, take time to learn more about this type of purchase.

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Purchase and sale agreement Inspection Inspection contingency Closing costs 94

Toronto Realty Blog

JUNE 2, 2021

They would be conditional on a lawyer’s review, a home inspection commissioned by the buyer (but paid for by the government…), satisfactory and guaranteed mortgage financing, a catch-all for unfettered “due diligence,” and a mandated ten-day cooling-off period where the buyer can change his or her mind for any reason. .”

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Pre-approval Inspection Purchase and sale agreement Due diligence 97

Toronto Realty Blog

SEPTEMBER 15, 2023

Not only that, you could always go back to the buyer and agent with that unconditional offer for $980,000 offer and say, “If you come up to $1,000,000, we’ll accept your offer.” As you also will have read at the end of the story, Bram and Mary wanted to make their offer conditional for five business days on home inspection.

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Inspection Purchase and sale agreement Agents As-is 85

HomeLight

OCTOBER 1, 2020

Last two months of brokerage account statements. The seller accepts your offer to purchase. Once the offer has been accepted, your real estate agent will draw up a purchase agreement. A purchase agreement will break down various aspects of the contract, including: Who the buyer and seller are.

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Closing Purchase and sale agreement Inspection Loans 77

HomeLight

JANUARY 25, 2021

According to a survey over 2,000 adults from real estate brokerage Coldwell Banker, 80% of Americans say they would prefer to buy a turkey home over one that requires renovations. A traditional sale might be what you had in mind when you originally bought your home. Is the property damaged or are you facing a personal emergency?

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Purchase and sale agreement Investor Inspection Due diligence 105

HomeLight

APRIL 29, 2022

People searching for a home can also browse Offerpad-owned listings and work with one of the company’s transaction managers to make a purchase. When selling to Offerpad, you skip many of the typical hassles associated with listing a home for sale, such as staging, showings, and open houses. What is Offerpad? Did you know?

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Purchase and sale agreement Closing costs Closing Staging 86

Redfin

AUGUST 21, 2020

Purchasing your first home is a big move. For some, it represents the independence they’ve been striving for, while others see their home purchase as a path to financial security and a way to create a safe haven for their family. . This information is a standard requirement for a real estate agent’s listing agreement.

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Pre-approval Purchase and sale agreement Inspection Title 76

Redfin

APRIL 13, 2022

Simply put, a rent-to-own home is a residential property that you agree to live in as a rental for a set number of years with the option to purchase the house at the end of the rental term. With most rent-to-own agreements, the renter pays an additional monthly payment that goes toward the down payment. a mortgage).

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Purchase and sale agreement Equity Mortgages Due diligence 64

HomeLight

APRIL 11, 2023

Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. However, the initial offer is typically subject to change after they have inspected your home. They usually present a take-it-or-leave-it sale price. If you accept the offer, you’ll both sign a sales contract.

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Purchase and sale agreement Closing costs Closing Agents 76

The Close

AUGUST 18, 2022

Real estate prospecting letters—letters agents send to buyers, FSBO, FRBO and Expired listing homeowners—are still one of the best ways to generate leads in 2022. Homeowners who expected bidding wars will be slow to lower asking prices and will wait longer to relist their homes with a new agent. LUXVT’s , Upmarket Agent.

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Purchase and sale agreement Title Closing Short sale 98

RIS Media

SEPTEMBER 20, 2021

Arizona state statute requires licensed real estate agents to notify buyers through a written affidavit whether or not the property is on a FEMA-designated floodplain. Licensed real estate agents must also disclose any water that is a “feature” of the property, and whether it fluctuates “substantially in size or volume.”

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Design Purchase and sale agreement Agents Seller disclosure 112

HomeLight

JUNE 13, 2022

You need to save up money for a down payment and closing costs (which are calculated as a portion of your purchase price), but home prices just keep going up — so when you finally reach your goal, you realize that the goalposts have moved, and the hill is even taller than you thought. Let’s dive right in! Why rent to own? for an FHA loan.

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Purchase and sale agreement Loans Inspection Closing costs 110

HomeLight

APRIL 19, 2022

Gone are the days where a simple handshake could solidify a working agreement between a buyer and their real estate agent. Instead of a handshake, buyer’s agents are presenting homebuyers with a document called a “buyer broker agreement” — and you might not know what that is!

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Purchase and sale agreement Agents Inspection Brokerage 108

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. of the property sales price.

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Seller concession Purchase and sale agreement Inspection Title 109

HomeLight

JUNE 28, 2022

If you’re selling or buying a home, you may be wondering what kind of agent you need to hire. What’s the difference between a buyer’s agent, a listing agent, a seller’s agent, a Realtor®, and a broker? What qualifies an agent to meet your unique homeownership needs? Real Estate Agent. Transactions.

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Agents Purchase and sale agreement Brokerage Backup offer 90

HomeLight

SEPTEMBER 27, 2022

To help you understand what circumstances enable sellers to eliminate or minimize real estate fees, we spoke with Trevor Heuser , a top-performing HomeLight Elite agent in Austin, Texas. These are cash buyers who typically won’t request an appraisal, inspection, or repairs and may offer to purchase the home at no cost to the homeowner.

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Purchase and sale agreement Closing costs Brokerage Agents 86

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.

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Agents Purchase and sale agreement Technology Seller concession 109

HomeLight

JUNE 28, 2022

The commission you pay your real estate agent to help sell your home may seem steep. Fortunately, the fee you pay your real estate agent is absolutely negotiable. What is a typical real estate agent commission? Who pays a real estate agent’s commission? However, the seller doesn’t pay the fee directly to the agents.

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Purchase and sale agreement Brokerage Agents Sales 89

HomeLight

JULY 27, 2021

That person is a buyer’s agent. So, let’s think about this helpful real estate agent showing you around. The seller covers both the seller’s agent’s fees and the buyer’s agent’s fees in most cases. In fact, a 2020 NAR study found that 77% of sellers reported paying for agents’ fees. See that person?

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Purchase and sale agreement MLS Agents Brokerage 109

HomeLight

JUNE 30, 2021

Making an offer on a house without a Realtor® or a real estate agent is kind of like trying to represent yourself in a court of law — it’s possible, but it’s not a good idea. There’s more that goes into making an offer besides landing on a purchase price. and what’s an agent? or an agent? What’s a Realtor?,

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Purchase and sale agreement Inspection contingency Home sale contingency Inspection 83

HomeLight

DECEMBER 8, 2022

If you’re thinking about selling your Connecticut home without a real estate agent, it’s important to consider how you’ll effectively market your home to prospective buyers. Read on to learn more about these services — and whether working with one of these companies makes sense for your FSBO Connecticut home sale. Get Started.

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MLS Purchase and sale agreement Agents Sales 86

HomeLight

JULY 6, 2022

In 2021, 32 percent of all home purchases were made with cash. If you need to sell your home in a matter of days, not months, HomeLight can provide you with an all-cash offer through our online Simple Sale platform. It’s quick, easy, and can reduce the stress of a home sale. And for buyers? Request Offer.

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Purchase and sale agreement Agents Finance Inspection 87

HomeLight

OCTOBER 30, 2020

All-cash offers are beloved by sellers and real estate agents alike — and they’re more than three times as likely to be chosen from the pack. 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. Cash purchases, too, can get held up by a range of potential delays.

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Closing Inspection contingency Title search Purchase and sale agreement 112

HomeLight

APRIL 12, 2023

Your closing costs may differ depending on your circumstances and the terms of your home purchase. of the purchase price, and 1% for sellers, not including real estate agent commissions. We analyze over 27 million transactions and thousands of reviews to determine which agent is best for you based on your needs.

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Closing costs Closing Purchase and sale agreement Title search 81

HomeLight

NOVEMBER 29, 2022

HomeLight’s Simple Sale platform provides all-cash offers for homes nationwide, including in Dallas. We Buy Houses companies in Dallas typically promise to give home sellers quick, convenient all-cash offers, and exceptionally speedy closings, often wrapping up the property sale in as few as seven days. Myers Home Buyers.

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Purchase and sale agreement Closing costs Closing Agents 90

Toronto Realty Blog

OCTOBER 13, 2020

Upon receipt of the certified cheque, the uncertified cheque provided upon acceptance of this offer will be returned to the Buyer or the Buyer’s Agent. Suddenly, the buyer wants to move the closing date up from 90 days, perhaps to 60 days, perhaps because the purchaser of the house-buyer’s condo wants a quick closing too.

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Purchase and sale agreement Inspection Closing Banks 72

HomeLight

APRIL 29, 2022

“Some people have a lot more time and energy to engage and make the best of the sale, and some people don’t,” says George Graham , a top real estate agent in the Seattle, Washington, area. An as-is home sale often indicates that the home has some “big-ticket items” that won’t pass the required inspection or appraisal, he adds.

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As-is Purchase and sale agreement Investor Inspection 71

HomeLight

NOVEMBER 3, 2022

As North Carolina’s market balances itself, with the days of over-ask offers fading, some sellers may be tempted to sell their home without a real estate agent with the hope of reaping a bigger financial reward. The “listing” refers to “a home for sale” in industry terms. You have the time and energy to spend on the home sale process.

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MLS Purchase and sale agreement Agents Sales 85

Toronto Realty Blog

MAY 5, 2021

If you purchased a condo and the listing read, “525 square feet,” what would you take that to mean? In July 2020, Michael Mitchell and Richard Bowring listed their Mississauga bungalow for sale on the Multiple Listing Service (MLS). Is it 525 square feet per builder plan, ie. the one that measures from inside the walls?

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Purchase and sale agreement MLS Due diligence Agents 94

HomeLight

FEBRUARY 28, 2022

Seasoned real estate agent Alyson Gulassa works with the North Carolina-based Ginger Vereen Peters brokerage team , which sells homes more than 57% quicker than the average Raleigh-Durham area agent. HomeLight’s Simple Sale platform facilitates cash offers for homes nationwide and enables sellers to close quickly.

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Purchase and sale agreement Investor Staging Agents 61

HomeLight

JUNE 14, 2022

Embarking on a sales transaction of that size calls for some planning, including understanding the costs, potential proceeds, and how long your home might be on the market so you can anticipate your next move. Real Estate Agent. Real Estate Agent at Compass. Your home is likely the single biggest asset you own. Santiago Valdez.

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Seller concession Purchase and sale agreement Closing costs Title 90

Real Trends

MAY 3, 2022

But for some real estate agents, Zillow now selling off the homes it bought is something else – a lucky break in a market of skyrocketing prices and historically low inventory. As of April 26, there were just over 100 homes still listed for sale. Company managers displayed rank “overexuberance,” lamented Zillow employees.

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Purchase and sale agreement Investor Agents Equity 79