Remove Agents Remove Closing Remove Purchase and sale agreement Remove Staging
article thumbnail

‘Find buyers before agents!’ Mortgage industry reacts to the NAR settlement

Housing Wire

Mortgage pros have closely monitored the commission lawsuit developments since a Kansas City, Missouri jury determined that NAR, HomeServices of America , and Keller Williams conspired to inflate or maintain high commission rates through NAR’s so-called Participation Rule. You should be finding buyers before real estate agents anyway.”

article thumbnail

Now is a great time for brokerage acquisitions: RealTrends Consulting

Housing Wire

With the headwinds facing the real estate industry, Wright and Murray believe smaller brokerage firms will be looking for a place to land, making acquisitions a possibility for even one-office, 25 agent firms. Kevin Walsh, the CFO of Century 21 New Millennium , joined Murray and Wright on stage. What does your instinct say?

Brokerage 337
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What Does It Mean to Back Out of a Home Purchase?

HomeLight

Buying a house is a major milestone, but what happens when you have second thoughts, or you can’t fulfill the agreement you signed? Backing out of a home purchase isn’t a decision made lightly, yet it’s a scenario that buyers might face. But what’s the real meaning of backing out of a home purchase?

article thumbnail

Opinion: Automate title status check info with AI

Housing Wire

If you’re in the real estate industry, you certainly know that the average time from mortgage application to closing has been hovering around 50 days. Much of that average time to close tends to pile up in the title and settlement stage of the process. More closings are happening remotely via convenient, digital processes.

Title 306
article thumbnail

What to Bring at Closing: For Sellers, the List Is Short and Sweet

HomeLight

Closing is a vastly different experience for homebuyers and home sellers. Selling a house involves many steps, such as prepping and staging the house, showing it, and negotiating the deal. Closing signifies the end: a time to cash the check and move on. Buyers must bring a passel of documents and a cashier’s check to closing.

Closing 98
article thumbnail

The Final Walkthrough Before Closing: Checklist and Tips

RIS Media

(TNS)—As you prepare to finalize a home purchase, there’s an important step to take before the closing: the final walkthrough. What Is the Final Walkthrough Before Closing? What Is the Final Walkthrough Before Closing? – All appliances that the purchase agreement specified would remain are in proper working order.

Closing 102
article thumbnail

Found a Buyer on Your Own? Here’s Why You Still Need an Agent

Realtor.com

With an offer in hand, you might be asking what commission an agent would receive if the agent were to get involved at this stage of the home-selling process. You still have a marathon to finish before getting to the closing table. Always talk with several agents about your particular home-selling needs.