Realty Biz

JANUARY 9, 2024

From preparing your home for sale to negotiating offers, these tips will ensure a successful sale. Sometimes it stops their sale dead in its tracks until the errors are corrected. Understand the current market conditions, including recent sales, average time on the market, and pricing trends. It matters.

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HomeLight

JULY 31, 2022

One of the first steps is to pick a real estate agent to work with. But what if you decide that you don’t want to work with a buyer’s agent to buy your home? Well, welcome to your step-by-step guide to buying a home without a real estate agent. You’ve decided it’s time to buy a house ! Find a lender you can trust. Find a home.

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RIS Media

APRIL 8, 2022

Here’s all you should know about contingent sales as a potential home buyer. An active listing means the home in question is currently on sale, and sellers are actively open to offers. Home inspection problems. If the house doesn’t get sold in the stipulated time, the sale can fail to materialize. Contingent meaning.

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HomeLight

MARCH 6, 2023

With the help of top Bay Area agent Carl Medford , who has 22 years of experience and specializes in helping first-time homebuyers, we’ve put together a comprehensive guide that breaks down all the ins and outs of buying a house in the Bay Area. Looking to Buy Your Dream Home in the Bay Area?

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Realty Biz

NOVEMBER 11, 2020

When you begin an online search for a home, you may find some sale statuses you don’t fully understand. It is fairly obvious what is meant when homes have a status of “for sale” or “sold,” but some statuses may not be as clear. For example, if a home sale is contingent or pending, can you still make an offer?

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HomeLight

MAY 24, 2022

Byron Ford , an agent in New Bedford , Massachusetts, works with 76% more single-family homes than other agents in his area. Real Estate Agent. Real Estate Agent at Keller Williams South Shore. A cash sale: Start to finish. With a cash sale, you can skip a few steps in the typical closing process.

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HomeLight

AUGUST 16, 2021

Between searching for, viewing, negotiating , inspecting, and possibly renegotiating on a home, the road to the closing table is rarely a short one. And if the house you’ve landed on is listed as a short sale, you could be in for a long ride. What exactly is a short sale? Finding an experienced agent.

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HomeLight

DECEMBER 31, 2020

You can put so much effort into prepping your house for sale that you forget what happens after you receive an offer. Putting your John Hancock on a home sale contract might feel like the completion of a major financial deal, but it’s actually just the beginning of the home sale process. What does “sale pending” mean?

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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. Step 6: Ensuring Clear Title When buying a home, ensuring a clear title is paramount.

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Real Trends

DECEMBER 27, 2022

Aspiring and veteran real estate agents should be well aware that the same applies to the home buying and selling process: uncertainty hangs over every deal. How often does a pending home sale fall through? A pending sale may be referred to as “under contract” by some real estate agents. Inspection issues.

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HomeLight

MARCH 13, 2023

Whatever your reason for needing a quick sale without making a substantial investment, the Orlando real estate market is teeming with cash buyers ready to make a deal no matter your home’s condition. Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready.

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C4D Crew

MAY 1, 2022

This article will guide you through one of the more important of those documents—the purchase and sale agreement. . Defining Purchase and Sale Agreements (PSAs). PSAs are drafted by a real estate agent or a lawyer—depending on which state the transaction takes place in—and signed by both the home seller and home purchaser.

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Norada Real Estate

APRIL 15, 2023

Definition of Under Contract The term “under contract” refers to the period after a seller accepts a buyer's offer, but before the sale is finalized at closing. Home Inspection Contingency One of the most common contingencies that can affect the length of the under-contract period is the home inspection contingency.

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Redfin

JANUARY 26, 2022

One of these important pieces of paperwork is a purchase and sale agreement. . To help you navigate this document, we’ll go over what a purchase and sale agreement is, what makes up the agreement, and what happens after the agreement is signed. What is a purchase and sale agreement? Who drafts the purchase and sale agreement? .

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Toronto Realty Blog

AUGUST 2, 2023

The note for the 2017 sale was longer and a bit mushier, as I disclosed that I had proposed to my wife in the condo, and that we brought our first child home to the condo, and that we wished the new buyers all the love and happiness in the world as they created new memories and experiences of their own in the condo.

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Realtor.com

NOVEMBER 15, 2022

Seller concessions occur when a seller agrees to cover the cost of things the buyer usually pays for, such as closing costs , title searches, property appraisals, and other fees. Sellers can also offer to pay for repairs should the home inspection reveal that they’re necessary. The post What Are Seller Concessions?

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Realty Biz

JANUARY 10, 2024

Unfortunately, if the wrong real estate agent is chosen, it can lead to getting poor advice. From three decades of experience as a Realtor, many home sellers make aweful choices when it comes to their real estate agent. Asking an agent good interview questions can help immensely. Nobody wants that, but it's a reality.

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HomeLight

JANUARY 5, 2022

Real Estate Agent. Real Estate Agent at The Kaminsky Real Estate Group. Do: Consider hiring a real estate agent. Hiring a real estate agent is not compulsory when you sell a house to a friend. It’s always tougher to negotiate with a friend,” says Edward Kaminsky , a top real estate agent in Los Angeles County. “If

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HomeLight

OCTOBER 20, 2022

For Sale By Owner (FSBO). Although the appeal of FSBO lies primarily in saving the cost of paying a listing agent , the amount of paperwork, knowledge, and time necessary to sell a house without a real estate agent can be daunting. Original sales contract. Preliminary title report. How Much Is Your Home Worth Now?

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Realty Biz

JUNE 20, 2023

The lender does so by forcing the sale of the asset used as the collateral for the loan, typically a house. Real estate agents specializing in foreclosures can also provide you with listings and valuable insights. Inspect the Property: Always inspect a foreclosure before purchasing.

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Point2Homes

NOVEMBER 16, 2022

Nowadays, you have many tools at your disposal, with a wealth of online listing services showcasing land for sale across the country. You can also utilize local resources , such as classified ads, or simply contact sellers directly if you find a plot for sale locally. Have the Land Inspected. Land for sale in Las Vegas.

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HomeLight

MARCH 16, 2023

Do you need to connect with cash home buyers in Houston for a fast sale? Whatever your reason for needing a quick sale without making expensive repairs, Houston is teeming with cash home buyers ready to make you an offer no matter your home’s condition. Need to Sell Your House Fast in Houston? No showings, no repairs, no open houses.

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HomeLight

AUGUST 24, 2022

Looking to connect with a Florida cash home buyer for a quick sale in the Sunshine State? HomeLight’s Simple Sale platform provides all-cash offers, giving clients a fast, stress-free home selling experience without having to worry about additional repairs or prep work and with no additional fees, commissions, or upfront costs.

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HomeLight

JULY 25, 2023

All in all, with a cash offer from a house-buying company, you can often close the sale in as few as seven to 10 days. A cash sale also means you won’t need to stage your home or worry about keeping it spotless for weeks or disrupting your schedule for repeated showings. For sellers who need cash quickly, this is a huge advantage.

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HomeLight

MAY 3, 2023

“Depending on the price range of the home, I tell my clients that they need to be ready to spend 9%–10% of the sale price on selling costs, including the real estate agent commission and closing costs,” says Joanne McCoy , a top-selling real estate agent in Lincoln, Nebraska. of the property sales price.

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HomeLight

JUNE 19, 2023

Step one: Talk to a few buyer's agents! Tell us a little bit about your plans (where you’re looking to buy and when you want to make a purchase) and we’ll connect you with top-rated buyer’s agents in your area. LandWatch is a free online resource you can use to search for rural properties and land for sale.

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HomeLight

OCTOBER 30, 2020

All-cash offers are beloved by sellers and real estate agents alike — and they’re more than three times as likely to be chosen from the pack. And if you add a home sale contingency into the mix (that is, if you need to sell your current home before you can buy a new one), closing the deal can take even longer. Because it’s fast.

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HomeLight

APRIL 20, 2023

Some of these costs, such as surveys and recording fees, are one-time expenses related to the sale. Typically, buyers are responsible for mortgage and inspection-related costs, and sellers are responsible for agent and documentation-related costs. Buyers typically pay: 2%-3% of the home’s price.

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Realtor.com

OCTOBER 29, 2020

Most purchase agreements have contingencies —things that buyers must do before the real estate transaction is official, explains Jimmy Branham , a Coral Springs, FL, real estate agent at the Keyes Company. If something is wrong, you can request that it be fixed—or you can back out of the sale. Clear the title.

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HomeLight

NOVEMBER 10, 2021

When you sell your house without the help of a real estate agent, you’ll save money on commission fees but won’t escape closing costs entirely. The same closing fees that apply to an agent-assisted sale will be charged to a FSBO seller, with the exception of the agent commission. Buyer’s agent fee (~3%).

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HomeLight

JUNE 23, 2022

It’s really good faith money,” says Kelly Allen , a top agent and seller representative specialist in Marietta, Georgia. Suppose the inspection uncovers issues that are unacceptable to the buyer. Real Estate Agent. Real Estate Agent at Keller Williams Realty Atl North. That makes it very black and white, and enforceable.

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HomeLight

MARCH 31, 2021

The Georgia Association of Realtors reports that closing costs in Georgia typically range 5% to 10% of the home’s sale price. For a deep dive on Georgia closing costs, we partnered with top Brunswick listing agent Valerie Burnett , who sells 45% more homes than the average local agent. Title search fee.

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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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HomeLight

JULY 31, 2020

There’s a house for sale that you want to buy. In the February 2020 Realtors Confidence Index survey by the National Association of Realtors, 77% of real estate agents responded that contracts closed on time, and 19% reported delays but eventually closed; 4% of contracts were terminated. Repairs identified in the inspection.

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HomeLight

JULY 26, 2022

Is it a yard sale? No…it’s a for sale sign!!! But this sign looks different from the real estate agent signs you usually see and it lists the homeowner’s contact information. A “for sale by owner,” or FSBO (pronounced “fizz-bo”) home, is a home that is being sold by its owner who hasn’t hired a listing agent.

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HomeLight

NOVEMBER 9, 2021

During a seller’s market like the one, we had in the summer of 2021, a top real estate agent could help you find a buyer for your home in as few as 75 days from listing to closing. If you need to move even more swiftly than that, selling to an online direct buyer through a platform like HomeLight’s Simple Sale could take as little as 10 days.

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Lighter Side of Real Estate

SEPTEMBER 11, 2020

However, not all homes for sale are perfectly staged with pristine mid-century modern kitsch, and some are completely empty. In reality, there is plenty of work to be done after an accepted offer, including the purchase and sale agreement, financing, inspections, title search, and taking care of anything else that might go awry.

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