Housing Wire

JANUARY 8, 2021

The current financial state of our country has caused us to now rely heavily on the opening exchanges and the market forecast to determine how our rates will be impacted, thus giving way to a new line of thinking – Where and how can we effectively close loans?

Lending 439

Lending Mortgages Pre-approval Loans 439

Housing Wire

FEBRUARY 11, 2022

Just before a customer buys a container of pre-made Borscht, they see Naumovych’s business cards and flyers that lay neatly near the checkout area. I actively use social media and I have built my brand this way,” Hernandez said. Hernandez said that about 30% of her leads flow in from her social media outreach. “I

Marketing 388

Marketing Loan Officer Pre-approval Mortgages 388

BAM Media

MAY 14, 2024

Closing costs (to put the horror stories they’ve heard into perspective) #3— “Glossary of Real Estate Terms: Speak Like a Pro!” Not knowing key real estate terms can make first-time buyers feel lost and overwhelmed—and less likely to want to move forward, even if now is the best time for them to do so.

Pre-approval 111

Pre-approval VA loan Closing costs Loans 111

RIS Media

APRIL 11, 2022

Help with lending pre-approval. To help make the process as seamless as possible, connect your client with a lender and secure mortgage pre-approval before flipping through hundreds of listings. Your negotiation skills are paramount when closing deals for your clients. Make closing day easy.

Pre-approval 98

Pre-approval Inspection Lending Staging 98

The Close

FEBRUARY 14, 2024

Navigating the Selling Process Myth #8: Getting Pre-approved Should Happen After Finding Your Perfect Home House hunting can be exhausting. A pre-approval won’t take long and can save your buyer a headache if they find a home they love before realizing they can’t get a mortgage to pay for it. “And you know what?

Pre-approval 98

Pre-approval Earnest money deposit MLS Renovation 98

The Close

NOVEMBER 8, 2020

Here at The Close, we know that your desire to serve your clients is limitless—but that doesn’t mean your time is. Real Estate Buyer Agent Checklist #1: Mortgage Pre-approval. Most homebuyers (especially first-time homebuyers) walk into your office with a twinkle in their eye, excited about a brand-new adventure.

Pre-approval 98

Pre-approval Agents Closing Branding 98

HomeLight

SEPTEMBER 30, 2020

“You have to wait for the current owner’s bank to approve the short sale,” says Jessica Sanchez, Director of Underwriting and Loan Management at HomeLight. On average, you can expect a short sale to take between 60 to 90 days before you get the bank’s approval on your offer.

Short sale 138

Short sale Loans Sales FHA loan 138

Realtor.com

JANUARY 2, 2023

Getty Images Many first-time homebuyers might shy away from the prospect of buying a brand-new home, assuming: It will cost too much. “It’s true, on the average, that new homes of similar sizes historically outprice pre-owned by about 16%,” says Stephen Haines , president of Artisan Built Communities. It will take too long.

New Construction 105

New Construction Construction Pre-approval Inspection 105

RIS Media

APRIL 25, 2021

– Explain the importance of being pre-approved for a mortgage from the seller’s perspective. – Educate your clients about the advantages and disadvantages of closing two transactions on the same day (the home they are selling and the one they are buying). Buyers Looking to Upgrade. Buyers Looking to Downsize.

Pre-approval 106

Pre-approval Closing Staging Agents 106

HomeLight

OCTOBER 27, 2020

An acceptable DTI will vary by lender and the type of loan you’re applying for, but a lower DTI is usually always beneficial to ensure a higher chance of approval and a lower rate. Step 6: Get pre-approved for a loan. It’s now time to get pre-approved for a loan. Step 11: Stay in touch through closing.

Debt-to-income ratio 103

Debt-to-income ratio Pre-approval Pre-qualification Loans 103

The Close

APRIL 12, 2022

4 Infographics for Closing. The 30 Best Real Estate Closing Gifts for 2022. Do you read it or quickly close the tab and jump back on Instagram? Infographics Can Go Viral & Help Build Your Brand. While these real estate infographics are pretty amazing, they’re not helping your brand, are they? Related Article.

Branding 98

Branding Design Pre-approval Closing costs 98

Dwell Real Estate

AUGUST 20, 2021

The lender often doesn’t even know that the seller is going to ask for a short sale until after the property is listed & has an offer. --> But what about the short sale listings that say “pre-approved price”?? Either way, the lender gets paid at closing. Good question. It depends. Seriously, love it.

Short sale 52

Short sale Sales Pre-approval Banks 52

Kyle Handy

MAY 5, 2023

Sometimes they fail to get an approved real estate education and don’t know the material. Take a Pre Licensing Course Taking a pre-licensing course before signing up for the real estate licensing exam is critical. When choosing a pre-license course, please make sure a school exam that lets you practice is part of it.

Pre-approval 95

Pre-approval Agents As-is Branding 95

Kyle Handy

JANUARY 11, 2023

Most of these companies provide leads for free, but there’s a catch–they charge a referral fee upon closing. The referral fee is due at closing, and there are no upfront fees. The better you perform on the platform (and the more real estate sales you close), the more leads will be funneled to you. AgentPronto.

Pre-qualification 52

Pre-qualification Pre-approval Agents Closing 52

First Team Real Estate

DECEMBER 7, 2020

Speed primarily revolves around the closing date , but there are a couple of other aspects to think about. We’ll begin with the most apparent: What is the closing date– and does it match up with your ideal timeline? This one is quite obvious– when does the home buyer want to close on the house?

Purchase and sale agreement 98

Purchase and sale agreement Pre-approval Title Backup offer 98

Redfin

SEPTEMBER 3, 2022

Plus, you will need them to see how much house you can afford and then seek pre-approval for a mortgage. When purchasing a home, you may need a POF to show the seller that you can cover the closing costs, purchase price, and down payment. Here’s a list of documents you will need: . Do you want a forest in your backyard?

Pre-approval 66

Pre-approval Mortgage pre-approval letter Closing costs Proof of funds 66

HomeLight

MAY 24, 2021

A step up from pre-qualification, preapproval often means the lender gives conditional approval, stating the size of the mortgage you’ve been preapproved for (though what constitutes a “preapproval” can vary from lender to lender). Get preapproved for a mortgage. Beyond that, think about how much you can put down.

Pre-qualification 106

Pre-qualification Pre-approval Purchase and sale agreement Loans 106

HomeLight

OCTOBER 30, 2020

Before closing, 95% of buyers will hire a home inspector to visually examine a house for any issues that could impact its value, safety, or inhabitability. Sellers will only get a copy of the inspection report if they’re paying for part of it (which can happen through shared closing costs). Gain control with a pre-listing inspection.

Inspection 74

Inspection Pre-approval Branding Agents 74

HomeLight

JUNE 21, 2021

She’s posting a TikTok video every day and, since last October, has closed 8 deals worth $141,000 in GCI just from TikTok leads. There’s a real estate agent who is actually getting clients and closing deals from TikTok? So far, she’s closed 8 deals and earned $141,000 in GCI. Sound effect: record scratch].

Closing 79

Closing Agents As-is Title 79

Ryan Serhant

FEBRUARY 21, 2022

1 real estate agent in New York City closing over $1 billion in real estate per year and starring on Bravo’s “ Million Dollar Listing New York” You’re here because you want to know how to get your real estate license in Alaska. Complete your state-approved pre-license course.

Pre-qualification 52

Pre-qualification Pre-approval Brokerage Agents 52

Realty Biz

JANUARY 29, 2021

They can help find a lender that is best for you and bring you right to closing. Get pre-approved before looking at homes. You are not usually buying a brand-new home. A buyer’s agent can help you buy your first home from the very start. If you ever heard the statement you don’t know what you don’t know…. Be Prepared.

Marketing 118

Marketing Purchase and sale agreement Inspection Pre-approval 118

Realty Biz

JUNE 3, 2022

This celebration honors our movement and recognizes the challenges we’ve faced as a community to get us to the point where the largest companies and brands in real estate fully engage with us with a focus on the needs of our community.

Pre-approval 65

Pre-approval Lending Equity Branding 65

Ryan Serhant

FEBRUARY 18, 2022

Ensure that you meet the pre-qualifications. Complete your pre-licensing education course. Pass your pre-licensing final exam. Make sure you meet the pre-qualifications. Complete your pre-licensing coursework. Final exams must always be taken in the presence of an approved proctor.

Pre-qualification 52

Pre-qualification Pre-approval Brokerage Agents 52

HomeLight

MAY 24, 2022

By waiting, you risk increasing interest rates that limit the number of qualified buyers as well as the size mortgage that lenders will approve. With a cash buyer, there’s no worry about mortgage approval or financing contingencies delaying the sales process. Read on for the reasons why 2022 might be the year to make your move.

Pre-approval 98

Pre-approval Equity Agents Closing costs 98

Easy Agent Pro

NOVEMBER 12, 2021

Is this a buyer who is dragging his/her feet getting pre-approved for a mortgage? The steps in the mortgage process; Don’t change your financial picture until after closing; Who pays what at closing . If not, Greene suggests that “… there’s a good chance it’s a reflection of their level of interest.”.

Staging 107

Staging Pre-approval Title search Agents 107

HomeLight

MARCH 31, 2022

We’ll also provide a comprehensive overview on the full process to prep, market, and close on your home without the assistance of a real estate agent. Real estate attorneys are not considered essential for closing in the state of Florida. That 6% is deducted from the seller’s proceeds at closing.

Purchase and sale agreement 97

Purchase and sale agreement Inspection Title MLS 97

HomeLight

MAY 10, 2022

Unlike most other brokerages where agents sign on as independent contractors, Redfin brings on licensed real estate agents as salaried employees who can also earn a transaction bonus for each closing. Buyers who work with a Redfin agent can receive a rebate on the agent’s commission at closing, on average $1,500 nationwide.

Brokerage 102

Brokerage Agents Pre-approval Sales 102

HomeLight

NOVEMBER 10, 2021

After you submit your documentation, you’ll know what kind of budget you have to work with, or your approval “ceiling.”. They’ll know whether offering a rent-back period could sweeten the deal, or if it’s more common to pay seller closing costs. If it does come in lower, the lender won’t approve the mortgage.

Inspection 94

Inspection Title Agents Pre-approval 94

The Close

MARCH 23, 2022

In addition, even the most successful agents need to have what we at The Close think of as the 3 Zillow Elements of Success : a competitive budget, a complete profile, and excellent follow-up skills (more on these later). The Close Take: Is Zillow Premier Agent Worth the Cost? How Much Does Zillow Premier Agent Cost? We don’t know.

Agents 105

Agents Closing Pre-approval As-is 105

HomeLight

MARCH 21, 2022

In as little as 48 hours, we’ll send over a competitive offer with the ability to close in as few as 10 days. These companies can also provide a quick and flexible closing, reduce or eliminate the need for repairs, and in many cases will cover all of a seller’s closing costs. Request Offer. Local investors.

Closing costs 100

Closing costs Home sale contingency Investor Closing 100

Redfin

APRIL 20, 2021

A brand new roof with new shingles and underlayment can last up to 25-years with proper installation. However, most pre-existing homes won’t necessarily have a brand new roof and an inspector can give you a good idea of how long the current roof may last before it needs replacing. . Exposed splicing or wiring. Painted outlets.

Inspection 79

Inspection Pre-approval Branding Construction 79

RIS Media

OCTOBER 7, 2020

” With a plethora of real estate brands under its umbrella, the Zillow Group essentially reflects the entire market, serving buyers, sellers and everyone in between for the full lifecycle of homeownership. For now, though, all of this close-by moving is more of a reshuffling than a mass migration. ” Samuelson asks.

Residential 98

Residential Technology Pre-approval Commercial 98

Toronto Realty Blog

FEBRUARY 22, 2021

As I wrote last week, bully offers are quite prevalent in our market right now, and you’d almost have to expect that any decent house is going to attract a pre-emptive bid. “Well, I can’t get a deposit cheque for you,” he said. “It’s 7:30pm and the banks are going to close soon.”

Pre-approval 94

Pre-approval Banks Agents MLS 94

RIS Media

MARCH 25, 2022

As we enter the third spring selling season since COVID-19 emerged, the BHGRE brand wanted to explore what our affiliates were experiencing in different parts of the country. In Lehigh Valley, it takes 3-5 years to approve a subdivision, which is a significant deterrent when you can get an immediate return in the stock market.”.

Pre-approval 98

Pre-approval Inspection As-is Principal 98

HomeLight

AUGUST 31, 2021

As a rising number of companies provide cash offers for homes and improve experiences for sellers with advanced technology, the idea that you don’t have to wait months to list and close on your house appeals to many stressed-out sellers. Plus, you’ll save money on things like commissions, repairs, and closing costs.”.

Proof of funds 144

Proof of funds Investor Due diligence Closing 144

Lighter Side of Real Estate

AUGUST 25, 2022

And if you don’t know, consider these stats from an article The Close recently published : 38% of agents polled said that posting on social media got them new clients. Most “trendjacking” happens on the fly (not on a pre-set, rigid schedule), and you have to strike while it’s hot. 6- Your can’t brand yourself.

Agents 62

Agents Branding Pre-approval Marketing 62

Lighter Side of Real Estate

JUNE 24, 2022

Buyer who don’t want to get pre-approved until they find a house they like. It’s fine to spread the word that you got a new listing, or just successfully closed on the sale of a home to a buyer. (At We have 20 different how-to booklets that are already written and just waiting for you to put your own branding on them!

Pre-approval 61

Pre-approval Branding Agents As-is 61