Broke Agent Media

FEBRUARY 21, 2023

As a real estate agent, you play a crucial role in helping clients achieve their housing goals. With that in mind, arm yourself by getting acquainted with the five main reasons real estate agents end up in court With that in mind, arm yourself by getting acquainted with the five main reasons real estate agents end up in court. #1—Breach

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Purchase and sale agreement Agents Inspection MLS 98

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? .

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Purchase and sale agreement Agents Brokerage Closing 61

Toronto Realty Blog

NOVEMBER 30, 2022

Discussing the value of a real estate agent in an open forum is never going to convince those who already have their minds made up. So can I expect support when I talk about the value of a top agent? A reason why top agents continue to transact while employing their traditional business model?

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Purchase and sale agreement Title MLS Closing 83

Toronto Realty Blog

NOVEMBER 14, 2022

A listing agent telling me, “Don’t forget, our offer day is Tuesday,” on their sixth listing, over five months, and this marking the second time they have under-listed the house and held an offer night – that’s ridiculous. The decision arose from a dispute between a real estate agent and two brokerages.

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Purchase and sale agreement Brokerage Agents Finance 80

First Team Real Estate

NOVEMBER 9, 2020

In today’s active seller’s market with multiple offers, as a homebuyer, you need to make sure you’ve found an agent who’s truly committed to helping you find your next home at favorable terms. You deserve an agent who listens, understands, and develops a plan of action personalized to you.

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Agents Purchase and sale agreement Backup offer MLS 93

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 84

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%

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Purchase and sale agreement Agents Staging Brokerage 85

The Close

JULY 23, 2022

In my 27 years as an agent and coach, I have never seen inventory this low. Many agents who work predominantly with buyers grumble that they have too many buyers and not enough listings to show them. Listing agents are not meeting their goals, and some are struggling to make ends meet. Talk to Top-producing Agents.

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Bankruptcy Purchase and sale agreement MLS Investor 111

Easy Agent Pro

JANUARY 13, 2023

As a real estate agent, you know the importance of sustaining a steady and consistent flow of new leads. Often real estate agents tend to focus on either buyer leads or seller leads as their specialty in the market. Often out of comfort, real estate agents will stick with the clientele they know. Let’s dive in! .

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Marketing Purchase and sale agreement Agents VA loan 104

HomeLight

NOVEMBER 9, 2021

To provide you with the best definition of a home appraisal, who performs a home appraisal, and how it must be done, we spoke with top Florida real estate agent Joe LoCicero , who sells more than 22% faster than average agents in his area, and Diana Benson, owner and operator of Benson Appraisals in Gilbert, Arizona.

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Purchase and sale agreement Equity Bankruptcy Finance 90

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.

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MLS Purchase and sale agreement Agents Sales 84

Housing Wire

APRIL 16, 2024

In a down market disrupted by the commission lawsuits, agents and LOs are considering working in a dual capacity. The company recently launched a mortgage brokerage firm that offers a plug-and-play program for real estate agents to become mortgage loan officers, a practice called dual licensing. But it’s a tough road to hoe. (AI

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Loan Officer Loans Agents Mortgages 447

Boom Town

JULY 27, 2017

In an interesting report, real estate coach Mike Ferry argues that most agents lack the complete package of skills to adequately represent both buyers and sellers. Both buyer and seller agents need basic sales skills, such as time management, consistent lead follow-up, the ability to pre-qualify and present, etc.

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Purchase and sale agreement MLS Agents Closing 40

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 111

HomeLight

DECEMBER 15, 2021

We’ve heard the stories about people who managed to make an offer on a house before it officially went up for sale, beating out all the other would-be buyers and scoring the home of their dreams. But if you don’t know how to buy a house before it’s listed on the MLS (multiple listing service), then you’ll miss out on this chance.

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MLS Pre-qualification Purchase and sale agreement Agents 86

HomeLight

AUGUST 31, 2021

These are all areas where a knowledgeable buyer’s agent who’s got lots of new-build experience and local builder connections can be invaluable. And if you thought buying new construction without an agent would save you a few bucks in commission, think again. In this article: The value of a real estate agent in buying new construction.

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Agents New Construction Purchase and sale agreement Construction 127

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

MARCH 30, 2022

There are over 106,500 real estate brokerages and over 3 million real estate agents in the U.S. To best meet your homeownership needs, the real estate company you choose should have expertise in the local market, a high number of home sales under their belt, a quick turnaround on home sales, and a track record of ethical transactions.

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Residential Brokerage Purchase and sale agreement Agents 82

HomeLight

JULY 29, 2022

Once your offer has been accepted by the seller and you have signed the purchase contract, it’s time to order an appraisal. We talked to Brad Gore , a Branson, Missouri real estate agent with 18 years of experience, to give us the key info on appraisals. Real Estate Agent. Real Estate Agent at ReeceNichols. Transactions.

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Purchase and sale agreement Earnest money deposit Inspection Loans 84

Toronto Realty Blog

DECEMBER 14, 2020

Charging somebody an extra $3 on the purchase of printer ink, because there’s an assumption that they’re disposing of their previous printer ink, doesn’t make people purchase less ink. Check out an open house, walk through a neighbourhood under development, or talk to some people out there looking to buy.

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Purchase and sale agreement As-is Debt-to-income ratio Marketing 113

HomeLight

MAY 23, 2022

Top-rated North Carolina real estate agent Ashley Schaus had a listing recently that was in really rough shape. HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. Median sales price in North Carolina. MLS has field to mark a listing “as is”? Request Cash Offer.

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As-is Purchase and sale agreement VA loan Inspection 85

HomeLight

MARCH 31, 2022

Selling a house often goes something like this: You’re halfway through sorting a random box of clutter when your real estate agent calls and reminds you that she needs a copy of your property survey. Contact a real estate agent about one to three months in advance of when you want. Real Estate Agent. Real Estate Agent.

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Purchase and sale agreement Title Inspection Agents 120

The Close

MARCH 7, 2024

copy to clipboard Agent: Hello, is this {Lead Name}? Agent: Hi {Lead Name}, I’m {Your Name} with {Your Company}. Agent: I can imagine! Agent: Great insights, thank you. Agent: I’d love to share more and help narrow down your options. Agent: Perfect, I’ve noted that down. Agent: Fantastic!

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Purchase and sale agreement Agents Investor Marketing 76

HomeLight

DECEMBER 13, 2022

When the time comes to move, some tenacious homeowners in Virginia are eager to take over the reins of their home sale and figure out how to sell a house by owner. With millions of homes sold each year, a modest portion of sellers — about 7% in 2021 and 10% in 2022 — choose to list “For Sale By Owner” (or FSBO — pronounced fizz-bow).

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Purchase and sale agreement MLS Agents Sales 86

HomeLight

OCTOBER 27, 2021

“If you can get to a home as a preforeclosure before it goes into foreclosure, that’s the best route,” explains Donny Piwowarski , a top-selling agent who works with 84% more single-family homes than the average agent in his region of Tracy , California. “A Step 3: Find your house. These often require paid access.).

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Purchase and sale agreement Inspection Homeowner’s association Title 87

HomeLight

OCTOBER 17, 2022

What about the age of the water heater you purchased 11 or 12 years ago? You want to read in plain-speak what you are legally obligated to disclose to buyers — and if you acknowledge problems with your home, does that mean you’ll have to pour money into fixing them before you can close a sale? Find Agent.

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Purchase and sale agreement Seller disclosure Inspection Agents 89

HomeLight

OCTOBER 14, 2022

When the time comes to move, some tenacious homeowners in Pennsylvania are eager to take over the reins of their home sale and figure out how to sell a house by owner. With millions of homes sold each year, a modest portion of sellers — about 7% in the last few years — choose to list “For Sale By Owner” or FSBO (pronounced fizz-bow).

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Purchase and sale agreement MLS Seller disclosure Agents 88

Marco Santarelli

AUGUST 17, 2020

® offers a comprehensive list of for-sale properties, as well as the information and tools to make informed real estate decisions. For example, it provides a quick snapshot of local markets like the median sale price and average price per square foot so you can estimate what a house is worth on the market in good condition.

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Purchase and sale agreement Investor Land MLS 115

HomeLight

MARCH 17, 2021

The planning stage (1 to 3 years before purchase). “If you want to buy a house, you need to have money saved up,” says April Mason , an agent in Corpus Christi , Texas, who has completed 24% more sales than the average agent in her market. The shopping stage (1 to 6 months before purchase).

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Pre-approval Purchase and sale agreement Title Closing 98

The Close

JUNE 28, 2022

Lab Coat Agents Stylish templates that will align perfectly with the rest of your branding. No membership fee: We love Lab Coat Agents (seriously, these guys rock), but to access their brochure templates, you have to become a monthly member of the LCA Marketing Center. Created By: Lab Coat Agents. ProspectsPLUS!

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Purchase and sale agreement Design Branding Closing 98

Toronto Realty Blog

NOVEMBER 3, 2021

In that 2019 blog post, I explained what happens when a buyer, after signing a firm agreement of purchase and sale, doesn’t show up with the deposit the next day. The buyer of the house was an agent purchasing for her own family. This sale was signed, sealed, and delivered, so to speak. Not exactly.

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Purchase and sale agreement Closing Backup offer Agents 96

GeekEstate

OCTOBER 16, 2020

Opendoor has ambitious plans to reach nearly 38,000 annual home sales and $10 billion in revenue by 2023. The company sold nearly 19,000 homes in 2019 (about 70 transactions per business day) and purchased thousands more. This allows the company to scale home purchase volume without tapping its own balance sheet.

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Purchase and sale agreement Title Investor Brokerage 90

HomeLight

APRIL 19, 2021

On this week’s Walkthrough, HomeLight’s Caroline Feeney is here to unpack data from today’s release of our Spring 2021 Top Agent Insights Survey. And three top agents from across the country join us to talk about what’s going to solve real estate’s inventory crunch. HomeLight’s Agent Resource Center.

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Agents Purchase and sale agreement New Construction As-is 75

Housing Wire

NOVEMBER 15, 2023

Ask the average real estate agent or broker in America if they believe the National Association of Realtors (NAR) and brokerages are likely to win the bombshell Sitzer/Burnett commission lawsuit case on appeal. NAR is a scam,” one agent wrote. Would love for our MLS to not be a part of the organization.

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Purchase and sale agreement MLS Agents FHA loan 417

The Residential Specialist

AUGUST 31, 2021

Some niches can transcend geography and be developed in any city across the country. Once upon a time, it was improper for a single woman or man to purchase a home pre-marriage. This buyer wants to purchase a home and is done throwing away money on rent. Guest Editor: Jen Ward, CRS. Single-person buyer. Element of Surprise.

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Purchase and sale agreement Principal Design MLS 52

The Close

DECEMBER 29, 2022

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. This tool, also known as a like-kind exchange, allows investors to defer paying capital gains taxes on a sale.

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Purchase and sale agreement Title Proof of funds Pre-approval 97