The Close

FEBRUARY 14, 2024

After all, a new listing on the MLS gets the most attention in the first week. So, let’s turn up the brightness and shed some light on the real estate industry. It’s often the strongest in terms of price and conditions. However, I’ve seen it time and again: Sellers want to “hold out for a better offer.” Then interest starts to taper off.

Pre-approval 98

Pre-approval Earnest money deposit MLS Renovation 98

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. What is a short sale?

Short sale 81

Short sale Sales Pre-approval Equity 81

HomeLight

MAY 23, 2022

Josh Muncey , a real estate agent with over $500 million in career sales and 16 years of experience selling in greater Boston, Massachusetts, says, “it’s hard to find a market in the Boston area that’s not feeling red hot lately.”. HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition.

As-is 89

As-is Inspection Investor Sales 89

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. Short sales are rarer in the housing market nowadays.

Short sale 74

Short sale Sales Pre-approval Pre-qualification 74

Housing Wire

NOVEMBER 30, 2023

Your path to real estate licensure begins with 120 hours of classes in an approved Ohio real estate license education program. Step 1: Complete the prelicensing education requirements Applying for an Ohio real estate agent license starts with fulfilling the 120-hour sales associate pre-licensing education requirement.

Brokerage 380

Brokerage Pre-approval Agents As-is 380

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?

Backup offer 110

Backup offer Sales Home sale contingency Earnest money deposit 110

HomeLight

JANUARY 3, 2024

Sometimes you come across a home for sale that checks off every box on your list, but the listing status says that it’s “under contract” or “sale pending.” In most cases, there are contingencies in the buyer’s offer that need to be cleared before the transaction is moved to the more solid “sale pending” status.

Purchase and sale agreement 97

Purchase and sale agreement Earnest money deposit Inspection contingency Pre-approval 97

Windemere Buying

FEBRUARY 15, 2023

Mortgage Pre-Approval Another way you can supercharge your home search efforts is to get pre-approved for a mortgage. Pre-approval has several benefits for prospective home buyers. They have access to the Multiple Listing Service (MLS) , the largest network of homes on the market.

Pre-approval 73

Pre-approval MLS Agents Mortgages 73

Real Trends

JULY 14, 2022

Coming off of a year that brought the highest number of home sales in 15 years , the market is starting to show signs of normalizing. Agents who reveled in the red-hot market may now be wondering how to keep their production up, with sales falling about 10% from 6.125 million sales to around 5.4

Agents 52

Agents Sales Pre-approval Brokerage 52

Marco Santarelli

DECEMBER 20, 2020

Most newbie investors are perplexed with the question of how to find investment properties for sale? What is an investment property for sale? Let’s learn how to find investment properties for sale. How To Find Investment Properties For Sale: Search For Off-Market Deals. You make the money when you buy it.

Sales 80

Sales MLS Renovation Investor 80

Realty Biz

MARCH 17, 2021

You aren’t just there to search the MLS. Know what must happen in order to close, or you won’t make the sale. Explain the difference between pre-qualified and pre-approved. Too many people get a pre-qualification letter from their bank and think that this means they can close on the property.

Pre-approval 100

Pre-approval Pre-qualification Agents Homeowner’s association 100

HomeLight

OCTOBER 20, 2022

For Sale By Owner (FSBO). Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. Original sales contract. Many FSBO sellers will purchase a pre-listing appraisal. How Much Is Your Home Worth Now?

Purchase and sale agreement 99

Purchase and sale agreement Pre-approval Inspection MLS 99

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. And that’s true!

Short sale 59

Short sale Sales Pre-approval Closing costs 59

HomeLight

AUGUST 31, 2021

You’re reading through a new MLS listing, and you believe you found your ideal home. The exact steps vary from state to state, but let’s take a general look : Pre-foreclosure: As the name implies, a pre-foreclosure isn’t in foreclosure yet, but it’s on the way there. Different types of foreclosure sales.

Pre-approval 95

Pre-approval Short sale Banks Finance 95

Toronto Realty Blog

JANUARY 13, 2021

Rosy views on the housing market have helped drive overall household sentiment back to pre-pandemic levels even with the country dealing with a second wave of COVID-19 cases and new lockdowns. I currently have a five-year, fixed-rate mortgage approved at 1.30%. I currently have a five-year, fixed-rate mortgage approved at 1.30%.

Sales 69

Sales Pre-approval Fixed-rate mortgage MLS 69

Realty Biz

JANUARY 19, 2024

This documentation will be necessary when applying for a mortgage pre-approval. 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. By following these steps, you can easily navigate the real estate market.

Debt-to-income ratio 100

Debt-to-income ratio Pre-approval Purchase and sale agreement Inspection 100

Real Trends

FEBRUARY 27, 2023

According to Altos Research , last week’s inventory fell again by 6,858 listings, which is more than we saw last year, but still not enough homes for sale. Stop relying only on your MLS. Get more creative with your MLS searches. They don’t take resale listings, and they won’t take a home sale contingency.

Marketing 94

Marketing MLS Pre-approval Home sale contingency 94

HomeLight

MAY 25, 2023

When the time comes to move, some tenacious homeowners in North Carolina are eager to take over the reins of their home sale and figure out how to sell a house by owner. With millions of homes sold each year, a modest portion of sellers — about 7% in 2021 and 10% in 2022 — choose to list “For Sale By Owner” (or FSBO — pronounced fizz-bow).

MLS 81

MLS Pre-approval Agents Sales 81

The Close

FEBRUARY 20, 2024

This phenomenon means there are fewer buyers than there are homes for sale. You can expect quicker sales and potentially rising prices due to high competition and scarce supply. 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.

Marketing 94

Marketing Debt-to-income ratio MLS Pre-approval 94

Realty Biz

JANUARY 1, 2021

Today the process for finding foreclosed homes is nearly the same as searching traditional MLS home listings online. . Pre- Foreclosures . A property goes into pre-foreclosure when a mortgage company notifies the borrower that they are in default on their loan. Short Sales . Lesa Furman, Avon IN Realtor ®.

Short sale 116

Short sale Pre-approval Banks Loans 116

Toronto Realty Blog

JUNE 2, 2021

The world isn’t perfect. It’s never going to be. No product, service, business, or industry is perfect either. Whatever industry you work in has its pros and cons, and you know this. You probably discuss it with your colleagues or maybe your friends as well. Real estate is far, far from perfect. ” I agree. Not in our market.

Pre-approval 96

Pre-approval Inspection Purchase and sale agreement Due diligence 96

Kyle Handy

MAY 10, 2023

Drop Off the Pre-Listing Package Once you have completed your comparative market analysis, now’s a good time to go drop off a real estate pre-listing package (for occupied homes) A pre-listing package is a “surprise” bonus and sets the stage for your appointment. How much do you believe your home is worth?

Pre-approval 98

Pre-approval Seller disclosure Agents As-is 98

HomeLight

DECEMBER 9, 2021

There are countdown apps for almost every life event, but why hasn’t someone made an app to count down the days until we close on a home sale ? From the moment your house is listed as “For Sale” until the moment you finish signing your name on the closing documents, closing is a waiting game … a long, drawn-out, never-ending, waiting game.

Sales 91

Sales Short sale Agents Pre-approval 91

HomeLight

JANUARY 31, 2022

Tip 1: Get pre-approved for a mortgage first. The best way to know for certain what you can afford is to get pre-approved for a mortgage. Begin by knowing the difference between pre-approval and pre-qualification , and look at your loan options. Source: ( Marsiglio / Unsplash). Tip 4: Think long-term.

Pre-approval 92

Pre-approval Pre-qualification MLS Agents 92

HomeLight

OCTOBER 11, 2022

When the time comes to move, some tenacious homeowners in Iowa are eager to take over the reins of their home sale and figure out how to sell a house by owner. With millions of homes sold each year, a modest portion of sellers — about 7%-8% , historically — choose to list “For Sale By Owner” or FSBO (pronounced fizz-bow). Get Estimate.

MLS 95

MLS Purchase and sale agreement Pre-approval Agents 95

Real Trends

OCTOBER 1, 2022

What do the new pending listings and sales tell you? The market is shifting, not crashing. Tuck your drama in and get back to work! If you expect buyers and sellers to transact with you, you must be educated, motivated and proactive. Knowledge = Confidence. Ignorance = Fear. Follow these 14 simple rules, so they’ll choose you.

Pre-approval 83

Pre-approval Marketing Inspection MLS 83

Ryan Serhant

APRIL 29, 2022

Complete 90 hours of state-approved pre-licensing education. Apply for a provisional sales associate license. Complete 90 hours of state-approved pre-licensing education. . Most pre-licensing courses in Oklahoma can be taken online or in person. Apply for a provisional sales associate license. .

Pre-approval 52

Pre-approval Brokerage Sales As-is 52

Housing Wire

OCTOBER 22, 2023

Texas residents interested in becoming a real estate agent must first complete 180 hours of approved coursework to be eligible to sit the state licensure exam. Additionally, a Texas real estate sales agent must be sponsored by a licensed broker in order to perform any real estate services on behalf of their clients.

Pre-approval 369

Pre-approval Pre-qualification Brokerage Agents 369

Notorious ROB

DECEMBER 19, 2022

Opendoor Opens the Door to a New National MLS. Those are not agent listings sourced from an MLS via IDX feed. If buyers don’t know about my home for sale, and certainly their buyer agent belonging to the local MLS isn’t going to tell them because the home is not in the local MLS, then how do I get any traction?

MLS 79

MLS Agents Pre-approval Brokerage 79

The Close

FEBRUARY 6, 2024

Ensure Your Client Has Loan Pre-approval Many sellers are anxious to get to the closing table quickly, which drives many to cash buyers , even for a lower price. Also, understand the difference between a prequalifying and a pre-approval letter. They thought I was a genius—which, of course, I am.

Pre-approval 75

Pre-approval Earnest money deposit Inspection Inspection contingency 75

RIS Media

OCTOBER 22, 2020

– Coming Soon: Homes that are listed as coming soon in your MLS are technically not allowed to be shown but can accept offers prior to showing. If the listing agent is allowed to disclose the other offers, make sure to obtain written approval from the seller before discussing this. Finding Homes for Your Clients.

Earnest money deposit 102

Earnest money deposit Pre-approval Marketing Proof of funds 102

Realtor.com

NOVEMBER 28, 2022

“Two-thirds of homeowners right now are sitting on a sub-4% mortgage, and about a quarter are sitting on a sub-3% mortgage,” says Lisa Sturtevant , chief economist of the Bright MLS. “And so you can imagine existing homeowners, even if they wanted to move, are really reticent to give up their very favorable mortgage rate.

Marketing 119

Marketing Pre-approval Equity Finance 119

HomeLight

OCTOBER 1, 2022

When the time comes to move, some tenacious homeowners in Ohio are eager to take over the reins of their home sale and figure out how to sell a house by owner. With millions of homes sold each year, a modest portion of sellers — about 7%-8% , historically — choose to list “For Sale By Owner” (or FSBO — pronounced fizz-bow).

MLS 89

MLS Pre-approval Agents Sales 89

Realty Biz

APRIL 17, 2021

The power of a good marketing plan and a strong MLS listing is at the core of getting a bidding war started. Study after study shows that for-sale-by-owner almost universally results in a lower sales price. You will need to prepare the house for sale. As a seller, you want the highest possible price for your home.

MLS 99

MLS Pre-approval Staging Agents 99

Real Trends

MARCH 13, 2023

With rising interest rates affecting home sales, 2023 purchases are expected to drop from 5.8 The rapid changes within the market over the past few years have agents constantly adjusting to new conditions and client expectations, all while trying to maintain sales. million to 5.1

Marketing 64

Marketing Technology Pre-approval Brokerage 64

Kyle Handy

MARCH 13, 2023

MLS Campus Real Estate School A course focused on mathematics and other fundamentals. MLS Campus Real Estate School is an excellent school for agents who are struggling with the mathematics sections of the real estate exam. They have pre-license, post-license, continuing education, and broker post-license courses.

Pre-approval 73

Pre-approval Agents MLS Sales 73

The Close

DECEMBER 29, 2022

This tool, also known as a like-kind exchange, allows investors to defer paying capital gains taxes on a sale. ” If a property is active contingent, a buyer has submitted an offer to purchase a property, but the sale won’t be finalized until certain conditions, or contingencies, are met. Active contingent. What About ARMs?

Purchase and sale agreement 98

Purchase and sale agreement Title Proof of funds Pre-approval 98