Remove Agents Remove Closing costs Remove Proof of funds Remove Staging
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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

Whether you’re a veteran agent or a rookie hoping to sound authoritative during your first transaction, you need to be able to succinctly explain common real estate terms and definitions to your clients. It might feel stressful, but handling contingencies well is actually a time when you, as the agent, can really shine.

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Wait! Read This Before You Sell Your House for Cash

HomeLight

Plus, you’ll save money on things like commissions, repairs, and closing costs.”. Translating that to real estate terms, selling a house for cash goes something like this: Request an offer: You skip the staging and showing process and go straight to requesting an offer. Ask for proof of funds and EMD.

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5 Legit We Buy Houses for Cash Companies in Colorado That Sellers Love

HomeLight

No repairs, no staging, no open houses. Get an offer in as few as 48 hours and close in as little as 10 days. Some companies may make a preliminary offer at this stage, but it’s usually subject to change once they’ve inspected your property. Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight.

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How to Get Cash for Your Home: A Step-by-Step Guide

HomeLight

If the whole house has been renovated recently and the seller wants full market value, they’re typically better off working with an agent.”. Lisa Jackson , a seasoned real estate agent in Pittsburgh, Pennsylvania, sees cash buyers gravitate primarily to single-family, starter-type homes priced around the $200,000 range or less.

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7 of the Top We Buy Houses for Cash Companies in Central Florida

HomeLight

House Heroes also provides sellers with a proof of funds bank statement. Closing costs: Sellers pay no closing costs; House Heroes charges no fees. Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight. Individual investor fees may vary.

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8 Common Home Buying Scams and How to Spot Them

HomeLight

“Real estate fraud is one of the fastest-growing cyber scams across the country,” FBI Special Agent Siobhan Johnson told ABC News in Chicago. But they’ll typically have an agent who walks them through the house on a video call, or negotiates on their behalf. Avoid Scams by Using a Seasoned Agent. Find Agent.

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7 of the Top We Buy Houses for Cash Companies in Davenport, Florida

HomeLight

Once My Florida Home Buyers receive your information, they typically can make an all-cash offer within 24 hours and can close in seven days, or it can be tailored to your schedule. Closing costs: Sellers pay no closing costs; My Florida Home Buyers covers them. Individual investor fees may vary.