Housing Wire

DECEMBER 8, 2023

Includes current issues and trends in AZ real estate & property inspection issues CE Sales Package #1 with Ethics: 12 of the 24 required hrs of coursework (9 mandatory & 3 general hrs). Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission.

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HR Purchase and sale agreement Pre-approval Staging 348

Housing Wire

NOVEMBER 13, 2023

In Florida, getting licensed as a real estate agent begins with the completion of an approved 63-hour Sales Associate prelicensing course. Ready to begin a flexible, fulfilling career in real estate in the Sunshine state? We’ll help you find the best real estate schools in Florida to complete the required 63 hours of study. out of 5.

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Purchase and sale agreement MLS Pre-approval Agents 409

Housing Wire

AUGUST 5, 2022

The new lending pact supplements an existing $1 billion line of credit agreement with Citibank — resulting in a total $2 billion credit facility extended to Rocket by the bank. Rocket indicates in the SEC filing that it plans to use the new $1 billion MSR-secured credit facility to fund servicer advances or future purchases of MSRs.

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Purchase and sale agreement Loans Mortgages Lending 387

Toronto Realty Blog

JANUARY 27, 2023

Let’s say that your home in listed for sale and you receive an offer, but the offer has a condition. If you want to work with the buyer and their offer but you’re a little weary of tying the property up for so long, then you insert an escape clause that allows you to potentially get out of the agreement. ” she asked.

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Purchase and sale agreement Sales MLS Closing 77

Housing Wire

FEBRUARY 3, 2022

Incenter Mortgage Advisors was flooded with a surge of mortgage-servicing rights business in January — with bulk MSR sales approaching in one month what the firm normally tallies in an entire year. billion. “The The economy continues to heal from the pandemic and MSR pricing has seen improvement as a result,” MCT’s analysis stated.

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Purchase and sale agreement Marketing Equity Banks 358

HomeLight

JANUARY 18, 2024

There is a chance that you’ll come across the “time is of the essence clause” in your purchase agreement. A TIOTE clause in your purchase contract means that all the deadlines specified, from the inspection period to the closing date, are not just guidelines but firm commitments. Does it need to be there?

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Purchase and sale agreement Inspection Closing Staging 100

Housing Wire

APRIL 9, 2021

In Lender Letters issued on Thursday, Fannie Mae and Freddie Mac confirmed that loans purchased by the GSEs with application dates on and after July 1, 2021, must meet the standards of the Consumer Financial Protection Bureau’s Revised Qualified Mortgage Rule.

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Loans Purchase and sale agreement Staging Mortgages 332

HomeLight

NOVEMBER 13, 2023

When the clock is ticking on your home sale in Baytown, We Buy Houses companies offer a compelling route with their all-cash offers, especially for properties that aren’t turnkey ready. It enables you to bypass the lengthy listing, staging, and repairing process, giving you the freedom to move on with your life’s plans quickly.

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Purchase and sale agreement Staging Renovation Closing 109

Realty Biz

JULY 1, 2023

Escrow acts as a neutral third party that holds funds and documents until all conditions of the home purchase are met. The National Association of Realtors (NAR) conducted a survey in October 2022, revealing that approximately 7% of deals in the preceding three months got terminated before reaching the closing stage.

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Purchase and sale agreement Earnest money deposit Title search Pre-approval 77

RIS Media

AUGUST 10, 2021

Here are some proven sales strategies to help drive your agent’s success every day and week, setting more appointments, converting more leads and making more sales happen for your team and for themselves. Without face-to-face appointments, there will be no listings or sales. Offer value-added solutions.

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Sales Purchase and sale agreement Agents Staging 98

Realtor.com

DECEMBER 6, 2021

With an offer in hand, you might be asking what commission an agent would receive if the agent were to get involved at this stage of the home-selling process. Agents usually supply a variety of forms such as Residential Purchase Agreements to get offers in writing. Watch: 5 Things to Do Before Listing Your Home for Sale.

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Purchase and sale agreement Agents Title Closing 116

Realty Biz

DECEMBER 15, 2022

These days, having a neutral third party to make sure everyone is satisfied with the sale and purchase can give both buyer and seller more peace of mind. . Many home buyers and sellers know that escrow is a financial arrangement with a third party who holds money or other property until the terms of the sale are complete.

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Purchase and sale agreement Inspection Title Closing costs 128

Realty Biz

JANUARY 9, 2024

From preparing your home for sale to negotiating offers, these tips will ensure a successful sale. Sometimes it stops their sale dead in its tracks until the errors are corrected. Understand the current market conditions, including recent sales, average time on the market, and pricing trends. Things have evened out.

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Purchase and sale agreement Earnest money deposit Title search Title 96

Realty Biz

JANUARY 10, 2024

We explore everything you should know for a first-time house sale by answering frequently asked questions. Once your home is listed, it's essential to stage it properly to make a great first impression on potential buyers. Paying careful attention to these details leads to successful sales. Nobody wants that, but it's a reality.

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Purchase and sale agreement Seller disclosure Staging Title search 103

RIS Media

OCTOBER 4, 2021

(TNS)—As you prepare to finalize a home purchase, there’s an important step to take before the closing: the final walkthrough. A final walkthrough is an opportunity for you, as the homebuyer, to visit and assess the property you’re purchasing before the closing. What Is the Final Walkthrough Before Closing? are working properly.

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Closing Purchase and sale agreement Inspection Staging 104

Toronto Realty Blog

JULY 31, 2023

TorontoRealtyBlog When I sold my first condo back in 2009, I had no problem including all of my patio furniture in the sale, since I was moving to a new condo with an even bigger patio, and I had already purchased new furniture. The point I’m making is this: once the sale closes, the buyer has zero leverage, right or wrong.

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Purchase and sale agreement Closing Agents Sales 83

HomeLight

MAY 2, 2023

Commissions are typically calculated as a percentage of a property’s sale price, though some brokerages will charge a flat fee. of the home sale price, according to HomeLight’s real estate transaction data of thousands of home sales each year. Most real estate agents in California get paid through commissions.

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Purchase and sale agreement Agents Staging Brokerage 87

GeekEstate

MARCH 4, 2024

We have a job opportunity to share from a member of GEM Diamond, EasyKnock , an institutionalized sale-leaseback residential platform. Negotiate partnership agreements and contracts, ensuring favorable terms and mutually beneficial outcomes for EasyKnock and its partners.

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Development Purchase and sale agreement Equity Technology 62

HomeLight

JANUARY 12, 2022

You’ve accepted an offer on your house and both you and the buyer have signed the purchase contract. According to the loan software firm ICE Mortgage Technology, it took 50 days on average to close on a purchase loan for a house, as of Q3 2021. Signing the purchase agreement: 1-3 days. So if you list your home on Jan.

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Closing Purchase and sale agreement Pre-approval Inspection 112

HomeLight

JANUARY 3, 2023

Year-over-year, monthly sales in the Phoenix metro area were down nearly 25%. Often, the decision to go for sale by owner (or, “FSBO”) is motivated by a desire to save on agent commissions. Once you’ve seen what’s required, you can roll up your sleeves and get started with your FSBO sale in Colorado. Quick FSBO overview.

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Purchase and sale agreement Inspection MLS Inspection contingency 100

HomeLight

AUGUST 30, 2021

Or maybe, you signed a purchase agreement with a real estate agent and have heard nothing but crickets since. For added insight on what constitutes a “good agent,” we interviewed top real estate agent Jason Farris who completes 11% more home sales than the average agent in Fresno, California. Source: (Surface / Unsplash).

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Purchase and sale agreement Earnest money deposit Agents Staging 89

Realty Biz

FEBRUARY 1, 2024

They provide expert guidance, market insights, and negotiation skills to help them find and purchase a suitable property. Offer Preparation and Negotiation When the client identifies a property of interest, the buyer's agent assists in preparing a well-crafted purchase offer that reflects the buyer's terms and conditions. Let's dig in!

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Agents Due diligence Purchase and sale agreement Inspection 70

Realty Biz

MARCH 27, 2022

When you have a lot of competition from buyers to get to the under agreement stage with a seller, there isn’t much chance of success with a lowball offer. Typically, the earnest money is 1% to 5% of the purchase price. If you are trying to buy a home in a seller’s market, offering the asking price may not be enough.

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Purchase and sale agreement Earnest money deposit Seller concession Finance 119

Kyle Handy

MAY 8, 2023

The full commission on a real estate sale is usually 4% to 6% of the sale. Negotiating a higher sale price for your listings. A real estate agent can provide services such as home staging for their listings and sell packages such as superior photography and videos. Let’s say you’re the buyer’s agent.

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Purchase and sale agreement Closing costs Commercial Due diligence 87

Lab Coat Agents

SEPTEMBER 24, 2020

They see the value, they like you, their buying temperature is high, they’re ready to sign the listing agreement. Purchase Decision. Post-purchase Behavior. Yes, the cool-off factor can strike after they purchase! Believe it or not, most real estate agents are terrible at follow-up, both before and after the sale.

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Purchase and sale agreement Sales Staging Land 76

HomeLight

JANUARY 10, 2023

With such impressive sales figures, some sellers may be curious about how to sell a house by owner in California — a decision that could help them save on agent commissions. Often, the decision to go for sale by owner (or, “FSBO”) is motivated by a desire to save on agent commissions. Average time on market: 24 days (November 2022).

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Purchase and sale agreement Natural hazards disclosure Inspection Title 92

Realty Biz

AUGUST 2, 2023

Additionally, understanding the closing process and utilizing additional resources and tools can streamline the sale. Additionally, understanding the closing process and utilizing additional resources and tools can streamline the sale. Overcoming common challenges is also vital. Let's cover each one of these things in greater depth.

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Purchase and sale agreement Title Staging Inspection 94

HomeLight

MARCH 31, 2022

Early 2022 data from Florida Realtors® indicates a 23% increase in median sales price and a 33.3% Early 2022 data from Florida Realtors® indicates a 23% increase in median sales price and a 33.3% Once you’ve seen what’s required, you can roll up your sleeves and get started with your FSBO sale in Florida. Quick FSBO overview.

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Purchase and sale agreement Inspection Title MLS 93

HomeLight

MARCH 31, 2022

price increase , pushing median sale prices to upward of $350,000. With such impressive sales figures, some sellers may be curious about how to sell a house by owner in Arizona — a decision that could help them save on agent commissions. Median sales price: $449,900 (Feb. Disclaimer : HomeLight does not provide legal advice.

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Purchase and sale agreement Inspection MLS Inspection contingency 91

HomeLight

APRIL 28, 2023

When the time comes to move, some tenacious homeowners in Texas are eager to take over the reins of their home sale and figure out how to sell a house by owner. When the time comes to move, some tenacious homeowners in Texas are eager to take over the reins of their home sale and figure out how to sell a house by owner.

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Purchase and sale agreement Inspection Title Inspection contingency 78

McKissock

JULY 26, 2022

Purchasing property, especially a home, can be a very emotional experience. In order to reach an acceptable agreement with the most favorable terms, make sure your buyers are aware of the market and the most important factors when constructing an offer. Making an offer. Constructing a real estate offer is an art. Property insurance.

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Purchase and sale agreement Title search Inspection Construction 81

HomeLight

MAY 27, 2021

In a home sale, the occupancy date is when a buyer has the legal right to move into their newly purchased home. In a home sale, the occupancy date is when a buyer has the legal right to move into their newly purchased home. It depends on your agreement with the buyer. And your own movers haven’t even arrived yet.

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Purchase and sale agreement Closing Staging Loans 74

Windemere Selling

NOVEMBER 30, 2022

The following information is meant to clarify some common real estate terms that describe a home for sale and its position in the closing process. For sellers, reaching the pending stage means the finish line is within reach, but your home is still not officially off the market.

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Purchase and sale agreement Backup offer Home sale contingency Inspection 52

Realty Biz

NOVEMBER 10, 2021

Listed homes for sale are classified in different ways to help you understand how far along in the sales process they are. If you see a home listed as “active,” this means it is for sale with the sellers considering bids from potential buyers. Will the Contingent Home Sale Fail? Is Buying a Contingent Home Possible?

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Purchase and sale agreement Inspection Inspection contingency Finance 130

Windemere Selling

JUNE 2, 2023

Your seller duties are still in play here, so be sure to communicate with your agent regarding best practices during these final stages. If the buyer finds issues during their walkthrough, it could delay the closing process and/or hurt your net proceeds from the sale. What Happens When a Buyer Backs Out of a Real Estate Transaction?

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Purchase and sale agreement Inspection Staging Closing 77

HomeLight

APRIL 21, 2022

Marketing your home “for sale by owner” (known as FSBO ) or selling to an iBuyer (instant buyer) like Opendoor or Offerpad are options that may seem to prioritize profit and speed, respectively. Depending on the time of year and sales in your area, the season may impact your profit potential even more. What factors come into play here?

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Purchase and sale agreement Staging Agents Closing 97

HomeLight

NOVEMBER 9, 2021

If you need to move even more swiftly than that, selling to an online direct buyer through a platform like HomeLight’s Simple Sale could take as little as 10 days. The Simple Sale process frees you of the hassle of staging your home and jumping through hoops for the buyer’s lender. Direct Buyer (Simple Sale).

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Purchase and sale agreement Home sale contingency Title search Inspection 87