Realty Biz

MAY 8, 2023

In many American cities, the housing market is very hot. Thanks to low mortgage rates and the shift to working from home, cities like Las Vegas, Nashville, Phoenix, and Austin often have more demand for housing markets than stocks. Non-market decision The Multiple Listing Service (MLS) does not list all properties for sale.

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Marketing MLS Inspection Investor 100

Windemere Buying

AUGUST 16, 2023

That’s why it is so important to find an agent that can not only help you navigate the home search process while answering your questions and addressing your needs from start to finish. Most importantly, your agent should care about your happiness and ensuring that you find the right home for you. Working with a Buyer’s Agent 2.

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Agents Short sale MLS As-is 75

Realty Biz

MARCH 2, 2023

However, this doesn't mean there are no good deals in the real estate market. The best way to start is to understand the market and create a plan. Read on to discover how to find cheap houses for sale. Check MLS Websites MLS platforms have some of the best bargains in the housing market.

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Sales MLS Short sale Banks 123

HomeLight

APRIL 30, 2021

Your listing agent comes to you with a fairly thick package of paperwork and says: “Here’s the comparative market analysis (CMA) for your house — let’s talk about what we should sell it for.” For some sellers, a cursory glance through the pages may suffice before they move on to getting their house live on the market.

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Agents Marketing Due diligence Sales 73

The Close

DECEMBER 19, 2022

Maybe the market is sluggish or sales are plateauing. We have some tried-and-true ways to make more money as a real estate agent so you can build a thriving business no matter what. Ideally, form a team that includes a real estate agent, an attorney, a contractor, and a banker. Visit Market Leader. Related Article.

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Agents Investor Property Management Development 105

Realty Biz

JANUARY 1, 2021

Today the process for finding foreclosed homes is nearly the same as searching traditional MLS home listings online. . To find homes in pre-foreclosure you can search sites that specialize in this or you can have an experienced local agent help you out. Short Sales . Jordan Matin, Portland Homes for Sale.

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Short sale Pre-approval Banks Loans 117

HomeLight

AUGUST 31, 2021

You’re reading through a new MLS listing, and you believe you found your ideal home. But right as you’re about to call your real estate agent, you notice there’s a line in there that labels it a foreclosure. The bank will then list the property on the market and try to sell the home in a similar fashion to your average property.

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Pre-approval Short sale Banks Finance 99

HomeLight

JANUARY 3, 2022

Whether you should use an iBuyer (instant buyer) vs. real estate agent to sell your home is a hot debate in some real estate circles. iBuyer vs. real estate agent summary. The main trade-off is that the offer could be less than what you’d get listing the home with an agent, and you’ll pay a fee for the iBuyer’s services.

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Agents Title Inspection Title search 95

HomeLight

MAY 28, 2021

By not understanding the difference between the various types of agents and their specialties, you could waste time looking at houses that aren’t quite right, or spend more money than you should have because your agent lacked the specialist knowledge needed for your search. Realtors® vs. agents vs. brokers. So let’s dig in.

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Agents Brokerage Design Short sale 100

HomeLight

MAY 10, 2021

For instance, an agent is an agent, right? While most agents work as either a buyer’s agent or listing agent depending on the particular transaction, some work regularly as buyer’s agents exclusively. If you’re a buyer, you don’t technically need to use a buyer’s agent. What is a buyer’s agent?

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Agents Inspection Brokerage Closing 104

HomeLight

AUGUST 25, 2020

That’s where selling a house off market can be the better option, says real estate agent Jim Griffin , a top real estate agent in Johnson City, Tennessee. Let’s look closer at what selling a house off market entails so you can decide if this is the right choice for you. What does ‘off market’ mean in real estate?

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Marketing MLS Pre-approval Sales 55

Realty Biz

NOVEMBER 18, 2021

A Broker Price Opinion (BPO) is very similar to an appraisal except that a real estate broker (or agent) does it rather than a lender’s appraiser. A BPO is also similar to a comparative market analysis (CMA) that real estate agents use to suggest a listing price to a seller. The broker’s opinion, in other words.

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Short sale Inspection Loans Banks 113

Point2Homes

DECEMBER 8, 2020

Therefore, if you find a property that you really want to purchase but has been marked as “contingent,” it could be well worth your time to have your real estate agent check into where things are in the transaction. Short Sale. Short sales occur when the seller will accept a lower amount than is remaining on their home loan.

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Purchase and sale agreement Backup offer Home sale contingency Short sale 145

HomeLight

SEPTEMBER 20, 2022

Short sales can provide an excellent opportunity for potential homebuyers to score a good deal. If you’re in the market to buy a short sale home, you’ll need to prepare for a lengthy closing process and steel yourself to jump through some hoops not generally associated with traditional sales.

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Short sale Sales Pre-approval Equity 86

HomeLight

OCTOBER 5, 2020

As fate would have it, right when you’re ready to start seriously searching for a home to buy, your dream house is listed for sale as a short sale. If you don’t know about short sale requirements for buyers, you might feel like you’re out of luck. What’s a short sale?

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Short sale Sales Pre-approval Pre-qualification 79

Redfin

DECEMBER 7, 2020

First-time homebuyers and investors will likely quickly buy up any foreclosed homes, leaving the larger housing market unimpacted. As a result, many financially stressed homeowners couldn’t even afford to sell their home after paying agent fees of 6% and closing costs, so they often ended up in foreclosure. New listings are up 6.9%

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Marketing Equity Investor Loans 78

HomeLight

MARCH 30, 2022

In a HomeLight survey of top agents, 58% expect the upswing in cash offers to continue throughout 2022 as sellers want convenience, speed, and certainty. When you add in agent commissions, you could save an average of $31,000 in selling costs, according to HomeLight data. Keep it simple with HomeLight’s Simple Sale platform.

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Sales Investor Renovation Due diligence 97

HomeLight

AUGUST 16, 2021

In the market for a “ real estate owned” property ? REOs for short, these kinds of sales expose buyers to a lot of potential risk. But they also provide a lot of opportunity for big return on investment, too — much bigger, and faster, than you might expect with many traditional sales. Check them often.

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Banks Pre-qualification Investor Short sale 104

Kyle Handy

JANUARY 20, 2023

They’re putting old and damaged housing stock back onto the market. Content Marketing and SEO 7. Many don’t trust real estate agents because they’ve had problems in the past. So a real estate agent will often discover that all the really good deals are already taken. Zillow, Trulia, Etc. Tax Debt 3.

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House Flipping Bankruptcy Investor Renovation 89

HomeLight

JULY 6, 2023

That’s why it’s important for your real estate agent to keep your property’s status up to date, both in the multiple listing service (MLS) that agents cooperatively use, as well as in online marketplaces, which pull data from the MLS. contingent,” so you can present your home accurately and still meet your selling goals.

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MLS Backup offer Inspection contingency Purchase and sale agreement 94

HomeLight

DECEMBER 2, 2021

One of them is a short sale. The process is complicated and confusing, often leaving a worrisome question in its wake: How long does a short sale stay on your credit? What is a short sale? Typically, it’s best to list it at market value to recoup as much money as possible. The process. The timeline.

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Short sale Sales Loans Banks 84

HomeLight

SEPTEMBER 1, 2020

There are pros and cons to consider when going this route, however, such as the fact that bank-owned properties often need more TLC than other homes on the market, and many are sold as-is. According to top Florida Real Estate agent Troy Walseth , who has 27 years experience under his belt, “You really can’t buy a ‘foreclosure.’

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Banks Inspection contingency Inspection FHA loan 80

HomeLight

OCTOBER 27, 2021

Ricky Ruiz is an agent in Las Vegas who completes 15% more sales than other agents in his area. Real estate agents and buyers. Real estate agents might help a seller determine how much a house is worth when it’s listed for sale. So they’ll have a licensed appraiser determine the home’s market value.

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Sales Title Agents As-is 74

HomeLight

MARCH 30, 2021

You may have heard a little bit about short sales — enough to know that this type of real estate listing can present some opportunities to get a good deal. But while short sales offer potential opportunities , they come with plenty of potential pitfalls as well. Know if a short sale is the best option for you.

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Short sale Sales Pre-approval Closing costs 60

HomeLight

FEBRUARY 26, 2021

I think that’s probably the most important piece of this,” says Kim Tupper , a real estate agent of more than a decade in southeastern Pennsylvania who sells properties more than 69% faster than the average agent in the Lincoln University area. But you can’t keep quiet about it, and neither can your agent.

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As-is Sales Inspection Investor 97

HomeLight

SEPTEMBER 30, 2021

Most of my sellers have a mortgage,” echoes Rebecca Carter, a top real estate agent in Knoxville, Tennessee. Here are the quick points to know on how to sell a house with a mortgage: You’ll use the proceeds from the sale of your home to pay off your existing mortgage balance. Subtract) agent commission fees (an average 5.8%

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Mortgages Debt-to-income ratio Equity Closing costs 101

HomeLight

SEPTEMBER 30, 2020

Teaming up with an experienced agent on foreclosure properties and auctions, we’ll answer this question and more — to prepare you for what to expect at a foreclosure auction. John Durham is a successful real estate agent in Henry County, Georgia, and has purchased homes at auction for 16 out of 20 years of his career as a real estate agent.

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Due diligence Hard money loan Finance Banks 98

HomeLight

JULY 31, 2021

We’ll cover the following: Cash-buying landscape in Phoenix: Under $700k market attracts cash in Phoenix. The Phoenix real estate market draws investors with its consistent housing stock, strong employment base, and vacation-worthy weather. Under $700k market attracts cash in Phoenix. 1 market for iBuyers. in Atlanta.

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Investor Seller disclosure Sales Closing 88

Lab Coat Agents

APRIL 8, 2022

One of the most frequently asked questions at LCA is, “How much time should real estate agents spend on lead generation every day?” ” It is recommended by many successful real estate agents and some of the top real estate coaches that three hours of lead generation per day is what is needed for a six-figure business.

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Agents Short sale MLS Staging 98

HomeLight

APRIL 30, 2021

Or perhaps you’re curious whether you should put it on the market sooner. A real estate agent performs a comparative market analysis, or CMA , before your home hits the market to help arrive at a decent asking price. But how much does a comparative market analysis cost? Actually, there is. What does a CMA cost?

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Marketing MLS Agents Renovation 98

HomeLight

FEBRUARY 4, 2022

Here’s a riddle for you: What do government websites, real estate agents, and a drive around the block have in common? This happens in one of two ways : through the local court or sheriff’s office in a judicial foreclosure, or through the mortgage company in a power of sale or non-judicial foreclosure. Barnett is one of these agents.

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Agents Banks MLS Title 82

HomeLight

FEBRUARY 13, 2023

She not only mastered the art of staying afloat, but used the down market to increase her business to 7 figures. This week on The Walkthrough , she shares five ways to take advantage of a market reset and grow your business. You can find the group here: HomeLight Agent Mastermind – The Walkthrough.

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Marketing Agents Staging Branding 97

The Close

SEPTEMBER 4, 2020

Some of the most successful luxury real estate agents in the country struggled just as hard. That’s why we talked to 18 top-producing luxury real estate agents to learn how they got their first listing, how you can keep your funnel filled with seller leads, and their advice for buyer’s agents who want to become listing agents.

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Agents As-is Sales Development 111

HomeLight

DECEMBER 29, 2023

“A lot of people who want to sell as-is have either had a bad experience in the past, or they just don’t want to deal with the headaches and hassles involved in selling a home,” says Tyler Brickle, a top-performing agent in Saint Paul, Minnesota, who sells 24% faster than the average agent in the area.

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As-is Inspection Finance Investor 94

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

DECEMBER 9, 2021

But, unfortunately, an instant sale is that elusive unicorn a homeowner usually only dreams about. One of Cumberland County ’s top agents with 469 transactions under her belt, Kathryn Townsend , brings us back down to Earth and clarifies that a typical transaction can be wrapped up between 30 to 45 days. What is a quick home sale?

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Sales Short sale Agents Pre-approval 96

HomeLight

FEBRUARY 9, 2023

the California housing market is seeing a decline in prices, and that decline will likely continue in 2023. According to the 2023 Housing Market Forecast put out by the California Association of Realtors, California’s median home price is predicted to go down 8.8 A top real estate agent can help. percent in 2023.

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House Flipping Hard money loan Finance Investor 87