RIS Media

OCTOBER 22, 2020

As the real estate market continues its hot streak, homes are selling faster and receiving more offers than ever before. Yes, as a real estate agent, you can always find listings that your client may be interested in. With the market as hot as it is, the homeowners may want to sell now and get the offer that they are looking for.

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Earnest money deposit Pre-approval Marketing Proof of funds 127

HomeLight

JUNE 28, 2023

Step One: Talk to a Top Buyer's Agent A top buyer’s agent can help you make the best offer on that home you love and protect your earnest money. Tell us a little bit about your plans, and we’ll connect you with trusted agents in your selected market.

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Realtor.com

DECEMBER 3, 2020

Keep in mind that sellers are looking for a good deal just as much as you are, and you should plan on working with your real estate agent to make sure the sellers at least feel like they’re getting one. And if you need multiple contingencies, that’s fine; but look for a home that’s been on the market for at least 30 days.”.

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Real Trends

OCTOBER 1, 2022

Buyers – and sellers – are blowing up deals as the housing market cools. I have seen a lot of emails coming to me that say ‘back on the market,’” Warren, a Houston-based Compass agent, said. “I Anne-Marie Wurzel, an agent with Mainframe Real Estate. Mandy Nichols, an agent with Brixtone Real Estate.

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Earnest money deposit Agents Purchase and sale agreement Marketing 68

HomeLight

JANUARY 3, 2024

Find a Top Agent With Experience in Contingency Offers If you need to make an offer on a home with contingencies, you’ll want a top agent by your side who can avoid pitfalls and secure the home you want. We analyze over 27 million transactions and thousands of reviews to determine which agent is best for you based on your needs.

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Purchase and sale agreement Earnest money deposit Inspection contingency Pre-approval 100

Realty Biz

MAY 24, 2022

Home agents are sending pens to customers signing a contract to buy a new home. We decided to sell our house as “for sale by owner” to save the agent’s commission. Because it was not written by a professional real estate agent, the contract could have almost anything it. You did get an earnest money deposit, didn’t you?

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Earnest money deposit Purchase and sale agreement Pre-approval Inspection 79

HomeLight

JANUARY 12, 2024

Whether you’re just starting to explore the housing market or are in the midst of deciding whether to remove a loan contingency from an existing offer, this guide is tailored for you. We analyze over 27 million transactions and thousands of reviews to determine which agent is best for you based on your needs.

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HomeLight

MARCH 7, 2024

Achieve Greater Buyer Confidence With a Top Agent HomeLight can connect you with the most experienced buyer’s agents in your home shopping area. Sale price and terms: The agreed-upon price for the property and the terms of the payment, including the earnest money deposit amount and financing details.

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Purchase and sale agreement Earnest money deposit Option period Due diligence 106

RIS Media

JULY 20, 2021

Encompassing tools for everything from lead generation to digital payments and more, all services and materials are available for purchase directly through the RE/MAX Marketplace , the online portal exclusively available to RE/MAX agents in the U.S. and Canada. eLead Network: A new lead generation and conversion solution.

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Point2Homes

JANUARY 31, 2023

Making an attractive offer is crucial, especially in a hot market. Finally, research the local market when you’ve found the home you want to buy. So, take your time and ask your real estate agent for advice. You can easily find templates online, or your real estate agent can supply one.

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Earnest money deposit Purchase and sale agreement Pre-approval Inspection 98

Realty Biz

JULY 11, 2022

One of the vital discussions you will probably have with your real estate agent is surrounding the real estate appraisal. Your agent will likely advise you to either add an appraisal contingency or waive it depending on the type of real estate market that presently exists. It is the exact opposite in a seller’s market.

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Real Trends

NOVEMBER 3, 2022

To date, Opendoor Exclusives is available in the Austin and Dallas-Fort Worth metropolitan areas, but the company plans to roll it out in other markets.). In addition, Opendoor says that homebuyers may back out of the purchase at any time and receive a full refund on their earnest money deposits.

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First Team Real Estate

JANUARY 26, 2021

Point 1: Lease/Options Can Be Dangerous for Listing Agents. Lease/Options have many complex aspects and real estate agents have to be very careful if they get involved. Real estate agents need to be aware of the different aspects of each such payment and treat them separately.

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Earnest money deposit Agents MLS Renovation 64

The Residential Specialist

FEBRUARY 27, 2024

Agents must stay vigilant as fraud and scams become more prevalent in the residential real estate profession By Jason Henninger Anywhere there are financial transactions, the threat of fraud comes with them. To prevent falling victim to fraud, real estate agents must clearly understand what types of scams are out there.

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RIS Media

OCTOBER 5, 2021

Millennial buyers are being squeezed out of the market as prices continue to climb. He also noted that the price gains are likely cooling down along with the heated competition for listings as the market settles, providing better buying opportunities for folks still in the market. We’ve all seen the headlines.

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CT Homes

AUGUST 31, 2020

In many markets the reality may tell a different tale. Unless there is a massive earnest money deposit, they may be able to walk away if they find a property they like more while risking little. The best way to deter “shotgun” bidders is to increase the earnest money deposit.

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Earnest money deposit Pre-qualification Pre-approval Inspection 105

HomeLight

AUGUST 29, 2022

Another plus is that Texas doesn’t have state income tax, according to Rach Potter, who sells homes 44% quicker than the average agent in Dallas, Texas. Research the market and determine where you would like to buy. You can also ask family, friends, your buyer’s agent, and attorneys for mortgage lender recommendations.

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HomeLight

SEPTEMBER 16, 2022

We researched the details and talked with an expert Texas real estate agent to help you make the most of an option period. The home will revert to “option pending” on the market and sellers can only accept backup offers during this time. Conditions of the market ( buyer’s market versus seller’s market ).

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Realty Biz

DECEMBER 5, 2022

The crazy hot seller's market forced many home buyers into forgoing their inspection. Things are starting to change in many real estate markets around the country. Instead of markets dramatically favoring sellers, they are becoming more balanced. The buyer can have their earnest money deposit returned when this happens.

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Redfin

MARCH 12, 2021

As you close in on making an offer on a home, your real estate agent – or the seller’s agent – will ask about “earnest money.” Earnest money is a type of security deposit, also known as a “good faith” deposit, offered to show the seller of a home that you’re serious about purchasing the property.

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Realty Biz

JANUARY 9, 2024

Research the Local Market Before listing your home, it's crucial to research the local real estate market. Understand the current market conditions, including recent sales, average time on the market, and pricing trends. For example, the market has recently shifted in some areas of the country. It matters.

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Realty Biz

SEPTEMBER 11, 2023

Real Estate agents make the status of houses contingent when a contract has been executed. They could lose their earnest money deposit by not performing or asking for an extension. Market Shifts Keep an eye on the broader real estate market. It is possible to buy a home when it is contingent.

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Earnest money deposit Inspection Title Finance 109

Realty Biz

JULY 17, 2022

Depending on the type of real estate market you are likely to see different clauses added to a real estate contract. When the real estate market favors sellers home sale contingencies almost become extinct. In hot markets there would never be a need for a seller to even considered a home sale clause.

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Home sale contingency Purchase and sale agreement Sales Earnest money deposit 132

Realty Biz

MARCH 27, 2022

If you are trying to buy a home in a seller’s market, offering the asking price may not be enough. Housing markets across the country have been disrupted due to a number of factors including the Covid-19 Pandemic. In a seller’s market, you are more likely to need to bid above the asking price to be successful.

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Purchase and sale agreement Earnest money deposit Seller concession Finance 116

The Close

SEPTEMBER 10, 2020

A strong seller’s market is a lot like dealing with the craziness of this pandemic. Listing agents are flying high with attention on their listings. But, of course, buyer’s agents are always frustrated with the amount of work they are putting in, only to get shot down and have to repeat the process over and over again.

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Home sale contingency Pre-approval Earnest money deposit Marketing 112

HomeLight

SEPTEMBER 22, 2020

As a next step, your agent suggests going with a “highest and best” strategy to see if any of these offers rise to the top of the pile. Highest, best, and NOT final,” means that once a buyer has been outbid, the listing agent notifies each buyer, giving them a new deadline to meet the current offer, or pull their offer altogether.

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First Team Real Estate

AUGUST 8, 2021

According to the latest National Association of REALTORS® Profile of Home Buyers and Sellers, the typical home sold last year was on the market for just three weeks. In that case, the home has to go back on the market, pushing your timeline out even further. Will backup offers have to submit earnest money?

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CT Homes

AUGUST 31, 2020

In many markets the reality may tell a different tale. Unless there is a massive earnest money deposit, they may be able to walk away if they find a property they like more while risking little. The best way to deter “shotgun” bidders is to increase the earnest money deposit.

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Earnest money deposit Pre-qualification Pre-approval Inspection 52

CT Homes

AUGUST 31, 2020

In many markets the reality may tell a different tale. Unless there is a massive earnest money deposit, they may be able to walk away if they find a property they like more while risking little. The best way to deter “shotgun” bidders is to increase the earnest money deposit.

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Earnest money deposit Pre-qualification Pre-approval Inspection 52

Realty Biz

AUGUST 8, 2022

When the seller has a real estate agent, they might prepare the contract. If an agent doesn’t prepare the contract, a lawyer can draft one to protect the seller’s interests. If the buyer and seller have different expectations about the closing time frame, earnest money deposit, contract contingencies , or items included in the sale.

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Earnest money deposit Purchase and sale agreement Title Finance 109

Norada Real Estate

APRIL 15, 2023

It's important for buyers and sellers to have a clear understanding of the expected duration of the under-contract period and to communicate any concerns or issues with their real estate agent. They may choose to relist the property, negotiate a new contract with the buyer, or take the property off the market altogether.

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The Close

FEBRUARY 6, 2024

I contacted the listing agent only to learn that all offers were due by 5:00 p.m. Offer Above Asking Price When your buyers are competing with others in a multiple-offer situation, and the listing agent is asking for the “highest and best” offer, it’s a good idea to suggest offering more than the asking price.

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The Close

FEBRUARY 14, 2024

Myth #2: Wiggle Room in Pricing Is Essential for Negotiation The market price of a home can fluctuate by tens of thousands of dollars over a year. If you’ve got an overpriced listing on the market, it gets staler every day that the listing is available. Marketing your listings is one of those pieces that is done behind the scenes.

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Redfin

JANUARY 26, 2022

Depending on the state where your dream home resides, either the buyer’s agent or the real estate attorney will draft up the contract. In states where escrow agents handle the closing process, the buyer’s agent is responsible for preparing the PSA document. As the buyer, you always have the right to select a title company.

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Purchase and sale agreement Earnest money deposit Sales Title 56

Realty Biz

JULY 1, 2023

During this stage, the buyer, seller, or their respective agents select an escrow agent who will oversee the process. The escrow agent acts as a neutral intermediary, holding funds and important documents until all conditions are fulfilled.

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Purchase and sale agreement Earnest money deposit Title search Pre-approval 75

CT Homes

OCTOBER 30, 2020

In many markets property values have taken off to levels not seen in well over a decade. Depending on your financial situation and the growth of your market it may be a great time to explore cashing out and selling your home. Even if the market is in demand, buyers are not going to just recklessly submit an offer.

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HomeLight

JUNE 28, 2021

Your real estate agent has been forwarding you offers on your home all day. In competitive seller’s markets , some buyers will strengthen their offer with an escalation clause. But even in a strong seller’s market, mishandling offers with escalation clauses can backfire. You’re thrilled but also confused.

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