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‘Find buyers before agents!’ Mortgage industry reacts to the NAR settlement

Housing Wire

Loan officers and mortgage executives expect home sellers and homebuyers to negotiate more aggressively on commission paid to buyer agents, potentially bringing costs down. That’s a problem because mortgage LOs traditionally have not “forged as deep of inroads” with sellers’ agents.

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

The Close

In real estate, the market is tied to the basic economic rule of supply and demand, which determines if a market is a buyer’s market vs seller’s market. I’ll help you identify “ Is it a buyer’s or a seller’s market?” I’ll help you identify “ Is it a buyer’s or a seller’s market?” What Is a Seller’s Market?

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Does Smoking Inside a Home Affect Its Value? Should You Still Buy It?

HomeLight

The house looks clean and is staged well, but it has a persistent cigarette odor that seems to have seeped into the walls. The house looks clean and is staged well, but it has a persistent cigarette odor that seems to have seeped into the walls. Is the home’s resale value compromised, and can you negotiate a price cut with the seller?

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How Much Should I Budget to Sell My House? Here’s the Average Cost

HomeLight

We detail what costs you’re likely to incur and what sellers pay on average. Kentucky-based Dianna Caldwell , a seasoned agent with 16 years of industry experience under her belt, gave us a rundown of seller costs and what homeowners should budget before they sit down to the closing table. Seller concessions.

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Opendoor vs Offerpad: How Do These Homebuying Companies Match Up?

HomeLight

They also offer a home listing option for home sellers. If you sell to them, you can skip making repairs, cleaning your home, and keeping it clean for showings, and staging. They offer a quick closing process designed to suit home sellers who need a fast transaction or just don’t want to be bothered with the fuss of listing.

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How to Pick a Real Estate Agent for Buying a Home

HomeLight

Moving into 2023, sellers are lagging behind the trends and expecting to get a premium price without doing much to their home. With this shifting landscape in mind, arguably the most important first step in your homebuying journey is knowing how to pick a real estate agent. The days of shrewd negotiating are coming back. Get Started.

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How to Sell a House By Owner in Alabama

HomeLight

In a FSBO scenario, the seller assumes the responsibilities that would normally fall to their agent, such as pricing the home , marketing it to potential buyers, arranging showings , and negotiating the deal. That 6% is deducted from the seller’s proceeds at closing. How does selling by owner (FSBO) work in Alabama?

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