Housing Wire

MARCH 15, 2024

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.”

Industrial 498

Industrial Seller concession Purchase and sale agreement Agents 498

Housing Wire

NOVEMBER 7, 2023

Not helping FHA, VA borrowers get off the sidelines Under current FHA rules, sellers can contribute up to 6% in concessions to FHA borrowers to cover closing costs, prepaid expenses and discount points. “But agent commissions have never been a closing cost from a buyer perspective. Grant said.

VA loan 448

VA loan Agents Seller concession FHA loan 448

Easy Agent Pro

SEPTEMBER 5, 2023

By becoming familiar with local market dynamics, setting realistic budget goals, and working alongside an experienced real estate agent, you can position yourself as a powerful and informed buyer. Carefully consider factors like inventory levels, average sale prices, and average days on the market before making decisions.

Earnest money deposit 76

Earnest money deposit Seller concession Purchase and sale agreement Pre-approval 76

HomeLight

NOVEMBER 1, 2021

Industry experts estimate that sellers can expect to pay anywhere from 6% to 10% of their home’s purchase price in closing costs when it’s time to sell. So if your home sells for $450,000, you could spend anywhere between $27,000 to $45,000 in seller fees. Typical seller closing costs. Real estate agent commissions.

Closing costs 75

Closing costs Closing Seller concession Purchase and sale agreement 75

HomeLight

APRIL 14, 2023

In this post, we’ve researched the expenses related to buying a home in California and gathered expert insights to help you understand just how much closing costs will set you back before you make the biggest purchase of your life. Find a Buyer's Agent What are closing costs? The rate could go from 7% to 6.5%

Closing costs 89

Closing costs Closing Purchase and sale agreement Title 89

HomeLight

NOVEMBER 30, 2022

With this shifting landscape in mind, arguably the most important first step in your homebuying journey is knowing how to pick a real estate agent. According to a National Association of Realtors report, 86% of buyers said their agent was a useful source of information when navigating the homebuying process. Get Started.

Agents 109

Agents Purchase and sale agreement Technology Seller concession 109

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).

Purchase and sale agreement 86

Purchase and sale agreement MLS Agents Sales 86