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‘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.”

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17 Tips to Sell Your House in a Down Market

HomeLight

To help you navigate a shifting housing market, we spoke with real estate agent Mari Slobounov, who is a business partner with the top-producing Lynn Holley Real Estate Group in Madison, Wisconsin. One way to find a top agent in your area that can provide you with a CMA is to use HomeLight’s Agent Match platform.

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Buyer’s Market vs Seller’s Market: What’s the Difference?

The Close

Standout sellers: Sellers (and their agents) must focus on marketing, repairs, and competitive pricing to stand out and snag offers. Preparation and presentation: Sellers should focus on depersonalizing and decluttering their homes to appeal to a wide range of buyers. Pricing can fluctuate rapidly in a seller’s market.

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A Guide On How To Sell Your House Fast

Redfin

While most people fixate on the 6 percent real estate agent fee , the cost of selling your home is actually more. Home staging, photographs, and cleaning services. Seller concessions. Before your real estate agent puts your house on the market, you need to prepare it for potential buyers. Landscaping and lawn care.

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Can You Sell a Home in Foreclosure? Why Time Is of the Essence

HomeLight

Whatever stage you’re in, it’s natural to feel paralyzed with disappointment, sadness, and a sense of panic when those overdue notices and warnings come from your mortgage company. Take your next steps with a qualified agent. Your gut instinct may be to ignore the problem and let it fester, hoping it’ll just go away.

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Proceeds vs Profit: How Much Will I Make Selling My House?

HomeLight

Census Bureau and the Department of Housing and Urban Development (HUD), new home sales fell 16.6% Real estate agent commissions or fees: Averaging 5.8% of the sale price of the home , agent commissions include both the buyer’s and the seller’s agent. Agent commissions: $20,625 (5.5%). Find an Agent.

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Selling FSBO? Tally Your Closing Costs Without a Realtor

HomeLight

Additional closing costs may include any seller concessions, attorney fees, and the buyer’s agent’s commission. Beyond these closing costs, FSBO sellers cover expenses normally included in a listing agent’s commission, such as marketing costs. You’re still likely on the hook for the buyer’s agent commission.