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Reverse purchase financing: The financing option no one is talking about

Housing Wire

For real estate professionals, this option presents an opportunity to capture more sales. Recently, Interested Party Contributions (or seller concessions) have been allowed with HECM for Purchase loans. They have been able to reach sales goals with relative ease for over a decade. What is reverse purchase financing?

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Show up, don’t show off: Laura O’Connor is redefining success in real estate

Housing Wire

While these are important and have a place in marketing an agent or a brand, I think of these as “showing off.” Partnerships, which are all about relationships, are important for any business owner, whether that is at the brand, brokerage or agent business level. They are focused on a “look at me, aren’t I great” message.

Branding 427
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Top LO Ben Cohen thinks first time buyers will return to the housing market this year

Housing Wire

Training LOs and getting on sales calls with real estate agents, insurance agents and wealth managers are what Cohen is prioritizing to drum up sales in a market where he expects rates to be in the 5% levels. Kim: So would you say it’s a seller’s market right now? What does your day to day look like? .

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11 Things to Do Before Listing Your Home That Are Worth the Effort

HomeLight

Unless they’re buying brand-new construction , buyers consider your home “used” and wonder how soon they’ll have to replace or repair something, such as a major appliance. Consider a pre-sale inspection. Most buyers have just done all of this work to get their home ready for sale. Seller concessions. Escrow fees.

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How to Sell a House By Owner in Louisiana: A Pelican State FSBO Guide

HomeLight

When the time comes to move, some tenacious homeowners in Louisiana are eager to take over the reins of their home sale and figure out how to sell a house by owner. With millions of homes sold each year, a modest portion of sellers — about 7% in 2021 and 10% in 2022 — choose to list “For Sale By Owner” (or FSBO — pronounced fizz-bow).

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14 Mistakes to Avoid When Selling a House in a Recession

HomeLight

When you overprice your home, especially during a recession, it’s one of the biggest mistakes that a seller can make. Overpricing leads to future price reductions , which can stall your home sale and place a stigma on your property listing that can act as a scarlet letter to buyers. How Much Is Your Home Worth Now? Get Estimate.