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Opinion: Sitzer/Burnett decision presents an uncertain future for buyer agents

Housing Wire

Real estate agents are facing a contracting issue that could seriously upend the traditional housing landscape. Under current guidelines, sellers pay a 5-6% commission on a sale which is split between the buyer and listing agents. But what happens if consumers pivot away from buyer agents altogether?

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How to Beat a Contingent Offer on the House You Want

HomeLight

From getting pre-approved for your mortgage to offering flexible closing dates, these strategies are designed to put you in a stronger position. Partner With a Top Buyer’s Agent to Guide You HomeLight can connect you with a top-rated local real estate agent familiar with non-contingent offers. Get Started 1.

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Top LO Ben Cohen thinks first time buyers will return to the housing market this year

Housing Wire

Just two weeks into 2023, Guaranteed Rate ‘s top LO and managing director Ben Cohen has also seen an increase in inbound calls from buyers wanting pre-approval for mortgages. Ben Cohen: I’ve definitely seen an increase in inbound calls from people wanting to get pre-approved to buy a home. billion in 2021.

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Creative Ways To Win A Bidding War In A Competitive Market

Easy Agent Pro

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.

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Vital Steps to Take When Purchasing Your First Home

Realty Biz

Interviewing and selecting a buyer's agent and choosing a mortgage lender and real estate attorney are vital steps. This documentation will be necessary when applying for a mortgage pre-approval. It's advisable to reach out to multiple lenders and obtain pre-approval. Next, examine your credit score and history.

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What Is the Cost to Sell a House in Chicago?

HomeLight

Embarking on a sales transaction of that size calls for some planning, including understanding the costs, potential proceeds, and how long your home might be on the market so you can anticipate your next move. Real Estate Agent. Real Estate Agent at Compass. Your home is likely the single biggest asset you own. Santiago Valdez.

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16 Tips to Win a Bidding War on a House

The Close

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.