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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. He said he’s also interested in seeing where homes will be listed since they will no longer be required to be in the MLS system.

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GSEs will not count buyer agent commissions as IPCs

Housing Wire

The GSEs noted that this guidance was not an update to their selling guides but a clarification on the treatment of seller-paid real estate agent fees. CHLA appreciates Fannie Mae’s clarification today that seller payment of buyer realtor commissions will not be counted towards seller concession caps,” a spokesperson wrote in an email.

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‘Don’t panic:’ KW executives address agent questions on NAR commission settlement

Housing Wire

There is simply a new NAR rule that applies to all NAR member and NAR MLSs that does not allow cooperative compensation to be offered on the MLS.” While this may be similar to how agents in some MLSs note that sellers are willing to provide concessions, Papasan made it clear that seller concessions and commissions are not the same thing.

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

Housing Wire

Under current guidelines, sellers pay a 5-6% commission on a sale which is split between the buyer and listing agents. Enter the savvy seller. An originator can usually get a buyer into that home for less than $20,000 through a mixture of seller concessions and strategic financing.

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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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What are the Pros and Cons of Flat Fee Real Estate Brokers?

HomeLight

Realtor® fees or commissions for both the listing agent and the buyer agent are typically paid for by the home seller. When it’s time to negotiate, they’ll know which seller concessions are common in your market. But since sellers pay the buyer’s agent 2%-3%, expect to pay more. What is a flat fee broker?

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How Much Does It Cost to Sell a House?

Redfin

Your realtor uses the MLS to obtain information on three or four homes currently on the market or those that have recently sold in your neighborhood. Specifically, this is considered a presale or pre-listing home inspection since you, as the seller, are having the inspection performed. economy is doing. How old the properties are.