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‘Find buyers before agents!’ Mortgage industry reacts to the NAR settlement

Housing Wire

Mortgage pros have closely monitored the commission lawsuit developments since a Kansas City, Missouri jury determined that NAR, HomeServices of America , and Keller Williams conspired to inflate or maintain high commission rates through NAR’s so-called Participation Rule. Assisting homebuyers and their agents adds more to an LO’s plate.

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How Much Does It Cost to Sell a House?

Redfin

Don’t forget to stage your front porch and back patio too. There are several benefits to staging your home. Two of the most important are the potential increase in the sale price and the shortened time between listing and selling that a staged home typically provides. . Home seller concessions .

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Fees and Costs Associated With Selling a House in 2023

HomeLight

“Depending on the price range of the home, I tell my clients that they need to be ready to spend 9%–10% of the sale price on selling costs, including the real estate agent commission and closing costs,” says Joanne McCoy , a top-selling real estate agent in Lincoln, Nebraska. Selling fee Typical % of sale price Real estate agent commission 5.8%

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What Is the Average Cost to Sell a House in California?

HomeLight

You can probably expect to run into these common expenses for home sellers in California: Prepping your house for sale. Seller concessions. Closing costs. Staging the house: $2,200. Seller concessions. Seller concessions might be a cost to sell a house in California. Realtor® fees.

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What Is the Cost to Sell a House in Massachusetts?

HomeLight

We put a plan together for the seller. You can probably expect to run into these typical expenses for home sellers in Massachusetts: Prepping your house for sale. Seller concessions. Closing costs. Staging the house: $2,300. Seller concessions. Closing costs and additional fees.

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What Is the Cost to Sell a House in Texas?

HomeLight

What are common expenses for home sellers in Texas? Staging: $78 to $109 per hour , or about $7,765 for a 2,000-square-foot home. Seller concessions. A concession occurs when a seller agrees to use part of the proceeds from their home sale to cover some, or all, of a buyer’s closing costs.

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What Is the Cost to Sell a House in Seattle?

HomeLight

Staging the home: $745-$2,664. Seller concessions. Seller concessions can contribute to the overall cost to sell a house in Seattle. These indirect costs may include seller concessions and buyer incentives. These indirect costs may include seller concessions and buyer incentives.