article thumbnail

Mortgage Pre-Qualification vs. Pre-Approval: What’s the Difference?

HomeLight

Like pre-qualification or pre-approval. Let’s lay it all out: How pre-qualifications and pre-approvals are similar Pre-qualifications and pre-approvals have a few things in common. Learn More What’s a pre-qualification? But what exactly are they?

article thumbnail

Home pricing rules: don’t go if you don’t know

Housing Wire

A great Listing pre-qualification script pulls out critical facts so you can be best prepared to not just take the listing, but to price it right in the first place! Not prequalifying is unprofessional and can waste your time and the sellers. Always prequalify, 100% of the time! Price it to sell, not to sit. Shouldn’t it be you?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How To Target Buyers and Sellers That Show Intent On The Internet

Lab Coat Agents

Sellers , on the other hand, might search for home valuation tools, tips for staging a home, or “best realtors near me”. Sellers might share articles about getting a home ready for sale or follow home décor pages for staging inspiration. Understanding these online behaviors is crucial for realtors.

article thumbnail

Why does selling real estate seem so much harder?

Real Trends

This is because the less motivated leads cover up the more motivated and qualified prospects. You have tons of buyers who say they want to buy, and ask to see homes but haven’t gotten pre-approved yet. They’re motivated and ready to sell. There’s only one solution and that is to use buyer and seller pre-qualification scripts.

article thumbnail

Navigating Careers in Real Estate: A Comprehensive Guide

Realty Biz

You need to finish a state-approved pre-licensing real estate course. The value homeowners and property buyers possess is crystal clear: real estate and money. What quality do real estate professionals bring to the table. as a selling point? Of course, it’s their market, financial, legal, and advertising knowledge.

article thumbnail

How Long Does It Take to Buy a House?

Realtor.com

Step 1: Getting mortgage pre-approval. To help illuminate what’s going on, here’s a rundown of the various stages you’ll encounter while home shopping to help you plan your buying timeline just right. Step 1: Get pre-approved for a mortgage. kali9 / Getty Images Table of contents: . Step 3: Closing the deal.

article thumbnail

How to Choose a Lender For Your Real Estate Team

McKissock

Often, lenders do a pre-qualification that is strictly based on the information that the client gives the lender. Once this happens, they fill out the mortgage application providing more details, only to find out that the pre-qualified amount should have been less, or more in some cases. This can happen for several reasons.