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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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Selling your home? Make sure you’re aware of hidden costs

Housing Wire

From staging fees, home improvements, repairs and seller concessions, there are several hidden costs involved in the selling process. Staging Costs. To attract potential buyers, sellers have to make sure their home is aesthetically pleasing. Seller Concessions. Real Estate Commission. Bottom Line.

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How Much Does It Cost to Sell a House?

Redfin

The average cost of selling a home in the US is approximately 10 – 15 percent of your home’s sale price. Specifically, this is considered a presale or pre-listing home inspection since you, as the seller, are having the inspection performed. As an example, at 15 percent, the cost to sell a $250,000 house could be as much as $37,500.

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17 Tips to Sell Your House in a Down Market

HomeLight

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. When a market turns down, and the number of buyers decreases, knowing every potential issue that could affect the sale of your home can be important.

Marketing 109
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What Happens After Making an Offer on a House?

Windemere Buying

However, celebrating at this stage in the buying process could leave you heartbroken if your offer isn’t accepted. Revealing what goes on behind the curtain in this critical stage of the buying process will help you understand what to expect next. First, let’s take a look at the three ways a seller can respond to your offer.

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8 Ways Home Buyers Can Get Their Offer Accepted

Realty Biz

If you are trying to buy a home in a seller’s market, offering the asking price may not be enough. With more competition from buyers, the seller has more options, and you will need to do more to get the house you want. Sellers are in the driver’s seat, and they know it. Make Your Offer as Straightforward as You Can.

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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?