Housing Wire

FEBRUARY 22, 2024

When the Department of Justice (DOJ) revealed last week the changes it would like to see in how real estate agents and brokers are compensated through its statement of interest filed in the MLS Property Information Network commission lawsuit , few in the real estate industry were surprised by the agency’s desire to decouple commissions.

Industrial 417

Industrial MLS FHA loan Agents 417

HomeLight

NOVEMBER 1, 2021

In Kentucky, the average closing costs for sellers are approximately 2% of the sale price or $3,000 for a $150,000 home (which is the average selling price across the state) and the agent’s commission, which is 5-6% of the sale price or up to $9,000 on a $150,000 home sale for a total of approximately $12,000 in costs.

Closing costs 69

Closing costs Closing Purchase and sale agreement VA loan 69

Housing Wire

SEPTEMBER 15, 2023

Listen to all of these really great mortgage programs (most agents and buyers don’t know about these!) Stop relying so heavily just on your MLS! When you really know the benefits, you’ll be more of an advocate of these loans both on your buyer sides as well as when you’re a listing agent considering accepting a VA loan.

VA loan 417

VA loan Loans Mortgages Closing costs 417

The Close

APRIL 30, 2024

When it’s time for a price reduction, real estate agents must conduct market research and rely on the data. In contrast, a definite pro is that by making a price reduction, real estate agents will start to see increased activity on their listing and hopefully get it under contract quickly. Pricing real estate is an art and science.

Agents 77

Agents Short sale Staging Sales 77

Housing Wire

JULY 19, 2021

According to Black Knight , 96% of homeowners have at least 10% equity – meaning they may be able to pay off their loan, closing costs, and agent commissions without paying out of pocket or a short payoff. At the same time, loan advances continue to increase, putting additional financial pressure on servicers.

MLS 416

MLS Equity Closing costs Sales 416

Housing Wire

JUNE 13, 2022

From Multiple Listing Services (MLS) to consumer-facing giants like Zillow , Realtor.com and Redfin , the real estate industry is raising awareness about homebuyer assistance programs through agent education and self-service tools that help consumers find programs they qualify for.

Finance 370

Finance Loans Closing Closing costs 370

HomeLight

AUGUST 31, 2021

That’s why your trusted real estate agent is so important. When you’re buying your first home, your first relationship with a real estate agent can mean either a relatively smooth, easy experience for you … or a complete nightmare. What does a real estate agent actually do? Questions before you hire an agent.

Agents 128

Agents Closing costs Inspection Closing 128

Real Trends

MAY 9, 2023

And yet, in today’s world of technology, instant gratification and misinformation, local MLS broker marketplaces and real estate professionals can be taken for granted. So what can agents who are Realtors do? Advocate for local broker marketplaces Local MLS broker marketplaces create accessibility and ensure equity.

MLS 94

MLS VA loan Equity Agents 94

HomeLight

JANUARY 3, 2022

Whether you should use an iBuyer (instant buyer) vs. real estate agent to sell your home is a hot debate in some real estate circles. iBuyer vs. real estate agent summary. The main trade-off is that the offer could be less than what you’d get listing the home with an agent, and you’ll pay a fee for the iBuyer’s services.

Agents 95

Agents Title Inspection Title search 95

HomeLight

JANUARY 22, 2024

MLS has a field to mark a listing “as is”? Real estate attorneys are not considered essential for closing in the state of Michigan. Be sure to consult the state’s Seller Disclosure Act fully to understand what exceptions might exist for you, or consult a real estate agent if you need further assistance. Dosenberry says.

As-is 86

As-is Seller disclosure Closing costs Investor 86

Redfin

MARCH 25, 2022

Most people choose to work with a real estate agent when buying or selling a house. Unlike an hourly or salary employee, a real estate agent doesn’t get paid based on their work hours. Real estate agents at traditional brokerages are independent contractors and get paid on a commission basis. Who pays the real estate agent? .

Purchase and sale agreement 62

Purchase and sale agreement Agents Brokerage Closing 62

RIS Media

FEBRUARY 11, 2021

A conversation With Product Expert Nikki Morgan of CRS Data’s MLS Tax Suite. When it comes to property data, most real estate agents are able to access a wide variety of tools and rich map features through their MLS, which partners with a property tax data vendor. Agents are still needing to prospect though.

MLS 105

MLS Closing costs Technology Agents 105

Real Trends

OCTOBER 5, 2022

Why would a buyer’s agent choose yours to show today when there are five other choices? Have your seller contribute $10,000 toward the buyer’s closing costs. This is paid at settlement and flows through the title agency or attorney closing the transaction. This would be paid at closing by the seller.

MLS 99

MLS New Construction Closing Closing costs 99

HomeLight

JANUARY 12, 2024

A lot of people don’t have the money — they’ve got equity in their home, but they have no way of accessing it,” says Eddie Crosslin , an agent with Crye-Leike Real Estate Services. Melinda is a top-selling agent in Tennesee who completes 18% more sales than the average agent in the state.

As-is 98

As-is Investor Residential Closing costs 98

HomeLight

JANUARY 3, 2023

Sellers who may have been wondering about how to sell a house by owner in Colorado during the hot seller’s market of 2021-2022 may now face stronger headwinds and more discerning buyers, according to top real estate agents surveyed by HomeLight. FSBO is a method of selling your home without the involvement of a listing agent.

Purchase and sale agreement 99

Purchase and sale agreement Inspection MLS Inspection contingency 99

RIS Media

JULY 19, 2021

Commissions for real estate agents and brokers are negotiable. As COVID-19 persisted, real estate agents worked tirelessly to navigate one of the most complex markets any of us had ever seen. Real estate agents and brokers work, too, to help put keys in the hands of America’s small business owners. Always have been.

Marketing 98

Marketing MLS Agents Closing costs 98

HomeLight

APRIL 28, 2023

Often, the decision to go for sale by owner (or “FSBO”) is motivated by a desire to save on agent commissions. 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. That 6% is deducted from the seller’s proceeds at closing.

Purchase and sale agreement 77

Purchase and sale agreement Inspection Title Inspection contingency 77

Real Trends

MARCH 22, 2023

What is one of the biggest challenges for real estate agents? Negotiation happens not only when the offer is made, countered and hopefully accepted, but also during home inspections, appraisals, commission collection and many other times before your clients finally make it to the closing table. It’s Negotiation!

Inspection 77

Inspection Agents New Construction Closing costs 77

HomeLight

MAY 8, 2024

Real estate attorneys are not considered essential for closing in the state of Louisiana Real estate transfer taxes? Review your options to sell ‘as is’ in Louisiana The main options to sell a house ‘as is’ include: List ‘as is’ with the help of a real estate agent A great real estate agent will assist in listing and selling a home “as is.”

As-is 89

As-is Inspection Finance Residential 89

HomeLight

JANUARY 10, 2023

With such impressive sales figures, some sellers may be curious about how to sell a house by owner in California — a decision that could help them save on agent commissions. Often, the decision to go for sale by owner (or, “FSBO”) is motivated by a desire to save on agent commissions. Here’s what top agents recommend to their clients.

Purchase and sale agreement 91

Purchase and sale agreement Natural hazards disclosure Inspection Title 91

HomeLight

MARCH 31, 2022

With such impressive sales figures, some Florida sellers may be curious about how to sell a house by owner in Florida — a decision that could help them save on agent commissions. 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.

Purchase and sale agreement 92

Purchase and sale agreement Inspection Title MLS 92

HomeLight

MARCH 31, 2022

With such impressive sales figures, some sellers may be curious about how to sell a house by owner in Arizona — a decision that could help them save on agent commissions. 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.

Purchase and sale agreement 90

Purchase and sale agreement Inspection MLS Inspection contingency 90

Real Trends

SEPTEMBER 15, 2023

Listen to all of these really great mortgage programs (most agents and buyers don’t know about these!) Stop relying so heavily just on your MLS! When you really know the benefits, you’ll be more of an advocate of these loans both on your buyer sides as well as when you’re a listing agent considering accepting a VA loan.

VA loan 82

VA loan Loans Mortgages Closing costs 82

Housing Wire

OCTOBER 20, 2023

And with millennials emerging as the largest generation of homebuyers in today’s market, comprising 28% of all homebuyers, real estate agents need to master social media or they might miss out. Sixty percent of agents surveyed believe that social media provides higher quality leads than the MLS.

Agents 402

Agents Lending Staging Renovation 402

HomeLight

JANUARY 29, 2021

Other than that, you’re on the hook for the same closing costs as any other seller. Closing costs without a Realtor® typically average 1% to 7% of the final sale price. Mandatory costs include a long list of fees and taxes from involved parties such as the local and state government and mortgage lenders.

Closing costs 98

Closing costs Closing Seller concession Title search 98

The Close

JUNE 7, 2022

Listen, we know it’s hard out there right now, especially for buyer’s agents who are duking it out over the disintegrating housing inventory. Feel free to share these with your fellow agents who are also busting their bums in the trenches. Try to establish rapport with the agent. Study what’s happening on your MLS.

Marketing 93

Marketing Agents Closing costs MLS 93

Realty Biz

JULY 31, 2022

Most consumers, whether buying or selling a home, understand that real estate agents are paid a commission. Whether you are a buyer, seller, or potential real estate agent thinking about entering the industry, we will cover what you need to know about commissions and how much a Realtor makes in a year. Let’s dive in.

Sales 94

Sales Brokerage Agents Closing 94

CT Homes

DECEMBER 22, 2021

Can California homeowners and investors sell their homes without using a real estate agent? While there are certainly advantages to neglecting the assistance of a real estate agent, those trying to save money will find that it could end up costing them a lot more than they anticipated. More importantly, if they can, should they?

MLS 88

MLS Investor Agents Closing costs 88

Redfin

JULY 26, 2021

The average cost of selling a home in the US is approximately 10 – 15 percent of your home’s sale price. This includes getting the house ready to list, the cost to hire movers, real estate agent commission and fees, and the cost to address any necessary repairs. . Cost of preparing your home to sell .

Seller concession 70

Seller concession Closing costs Inspection Staging 70

HomeLight

DECEMBER 1, 2022

Closing costs: Sellers pay no closing costs; We Buy Ugly Houses covers all normal closing costs. Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight. Closing costs: We Buy Houses’ website does not specify if the seller must pay closing costs.

Purchase and sale agreement 78

Purchase and sale agreement Closing costs Closing Investor 78

Housing Wire

DECEMBER 18, 2023

In her first national interview since a Missouri jury found the real estate industry liable for colluding to artificially inflate real estate agent commissions, National Association of Realtors (NAR) president Tracy Kaspe r said the trade group would continue to advocate for what it feels is best for consumers. “We

MLS 460

MLS Loans Closing costs Industrial 460

HomeLight

JULY 30, 2021

To give us background on why homeowners receive unsolicited offers and where they come from, we spoke with Daren Sautter , a top New Jersey real agent on the board of directors for the NEXUS Association of Realtors®. Homebuyers and their real estate agents. Closing costs and fees: Many cash buyers are willing to pay all closing costs.

Investor 106

Investor Staging Closing costs MLS 106

HomeLight

JULY 28, 2022

Closing costs: Sellers pay no closing costs; Minnesota Home Guys covers them. rating with Google Reviews , with several lauding the real estate agents’ professionalism and positivity when selling the home. Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight.

Closing costs 73

Closing costs Purchase and sale agreement Closing Staging 73

HomeLight

JUNE 30, 2021

Now, all of the information you need is right at your fingertips, so you can filter for your perfect home, find agents, research property values, and look up neighborhood details. Because it pulls from public, MLS, and user-submitted data, the Zestimate depends on the amount of data available. million ratings and 4.4

Marketing 68

Marketing MLS Commercial Closing costs 68

HomeLight

NOVEMBER 3, 2022

Links and mentions of North Carolina flat fee MLS companies in this post do not constitute an endorsement. 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. Get Estimate.

MLS 84

MLS Purchase and sale agreement Agents Sales 84

HomeLight

NOVEMBER 2, 2022

Mentions of flat fee MLS companies and links in this post do not constitute an endorsement. If you’re considering selling your home without the help of a real estate agent, you may want to use a flat fee MLS service to reach potential buyers. What is a flat fee MLS listing service? Let’s get started.

MLS 96

MLS Purchase and sale agreement Agents Sales 96

HomeLight

DECEMBER 8, 2022

Links and mentions of Connecticut flat fee MLS listing companies should not be considered an endorsement. 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. That’s where flat fee MLS listing services come in.

MLS 86

MLS Purchase and sale agreement Agents Sales 86