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How Long Does a Short Sale Stay On Your Credit Report? Myth vs. Reality

HomeLight

One of them is a short sale. The process is complicated and confusing, often leaving a worrisome question in its wake: How long does a short sale stay on your credit? What is a short sale? When you receive an offer, your agent will need to submit it to the lender for approval, which can be a lengthy process.

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Price Reduction in Real Estate: A 5-step Guide for Agents

The Close

When it’s time for a price reduction, real estate agents must conduct market research and rely on the data. The primary indicator is obvious: The house just sits on the market while everything around it is flying off the shelves. Pricing real estate is an art and science. But it’s critical to dig deeper.

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24 Qualifying Questions to Ask a Realtor Before You Hire One

HomeLight

It’s been said that selecting a real estate agent is much like dating. With an agent, you are trusting someone with what is most likely one of the largest and most important decisions a person can make. It’s more than business — to be successful, both sellers and buyers must feel a connection with the agent. No pressure, right?

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How Do I Find a Good (Scratch That — Great!) Real Estate Agent?

HomeLight

How on earth do I find a good real estate agent? Americans are busier than ever, and finding a good real estate agent is just one more task on a very long to-do list. For many, taking a “this agent will do” mentality might seem like the only way forward, with 77% of sellers resigning to hiring the first agent they contact!

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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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Selling a House ‘As Is’ in Maryland

HomeLight

There are some misconceptions about what “as is” means, says top-rated Maryland real estate agent Juan Umanzor. “I Median sales price in Maryland. Average days on market for Maryland. Yes, according to Umanzor, there is an as-is addendum for agents to complete. If the home is part of a designated historic district.

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Selling a House ‘As Is’ in Wisconsin

HomeLight

Median sales price in Wisconsin. Average days on market for Wisconsin. 46 Days (from listing to contract). If they filed any insurance claims for damage to the property in the last five years, or if the home is a designated historic building, they will need to disclose that information, as well. Real Estate Agent.

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