Remove Brokerage Remove Closing costs Remove Purchase and sale agreement Remove Staging
article thumbnail

‘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. NEXA has always been focused on purchase loans , which means some of its LOs do significant business with buyers’ agents.

article thumbnail

Starting from Scratch: What to Do When Your Real Estate Listing Agreement Expires

HomeLight

When you signed the listing contract to put your house on the market, you had high hopes for a quick sale. And now you’ve realized that even the listing agreement with your agent has expired. We’ll fill you in on what obligation (if any) you have to your agent and what your options are to complete the sale.

Insiders

Sign Up for our Newsletter

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

article thumbnail

“Sold Conditional On The Sale Of Buyer’s Property”

Toronto Realty Blog

An agent in my brokerage asked this last week. Let’s say that your home in listed for sale and you receive an offer, but the offer has a condition. Two days after the buyer and I have come to terms on the agreement, a subsequent buyer wants to make an offer. But what the heck is SCE? “Is that a typo?

article thumbnail

How Much Commission Does A Realtor Make? (Updated For 2023)

Kyle Handy

The full commission on a real estate sale is usually 4% to 6% of the sale. The closing costs will include the fees for the buyer’s and seller’s agents. But you don’t walk away with the $3,000 because you still need to pay your brokerage. Negotiating a higher sale price for your listings.

article thumbnail

Is Your Realtor Doing a Good Job? Answer These 6 Questions to Find Out

HomeLight

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).

article thumbnail

How to Get Into Rent-to-Own: 12 Steps to Homeownership

HomeLight

For the right would-be buyer, a rent-to-own arrangement can be an ideal path to invest in a future home purchase — a time to save money and improve credit, or wait for an expected shift in circumstances, while living in a home that will one day be yours. Further, take time to learn more about this type of purchase.

article thumbnail

How Does Offerpad Work? iBuyer Company Overview

HomeLight

People searching for a home can also browse Offerpad-owned listings and work with one of the company’s transaction managers to make a purchase. When selling to Offerpad, you skip many of the typical hassles associated with listing a home for sale, such as staging, showings, and open houses. What is Offerpad? Did you know?