Housing Wire
OCTOBER 29, 2024
There’s less than a month until the final approval hearing for the commission lawsuit settlement agreements reached by the National Association of Realtors , HomeServices of America , and other brokerages and non-Realtor-affiliated MLSs that opted in to NAR’s settlement. Ahead of that date, the objections have started to roll in.
Redfin
MARCH 18, 2025
This deposit is usually between 1% and 3% of the homes purchase price, but the amount can vary based on the local market and the agreement between you and the seller. This ensures that neither the buyer nor the seller can access the money prematurely, protecting both parties during the transaction.
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Rochester Real Estate
NOVEMBER 5, 2015
Every state and contract has different terms but generally speaking, if you decide to cancel the listing agreement, you could possibly be responsible for any expenses incurred by the real estate agent and their brokerage. What are seller concessions?
Housing Wire
MARCH 15, 2024
Loan officers and mortgage executives expect home sellers and homebuyers to negotiate more aggressively on commission paid to buyer agents, potentially bringing costs down. He shows up for open houses and teaches courses at real estate brokerage firms, which allowed him to build relationships with agents throughout his career.
Housing Wire
MAY 14, 2024
More than 80% of recent buyers asked for at least one seller concession. The most frequently mentioned concessions were a lower asking price, funds to make repairs, and the ability to keep existing appliances or furniture. Some brokerages have already announced their intention to better illustrate the value of agents to clients.
Housing Wire
MARCH 25, 2024
While this may be similar to how agents in some MLSs note that sellers are willing to provide concessions, Papasan made it clear that seller concessions and commissions are not the same thing. Seller concessions is money that is being given by the seller directly to the buyer,” Papasan said.
Housing Wire
AUGUST 19, 2024
Another wrinkle is that not all agents, brokerages or sellers are handling offers of buyer broker compensation the same way. She also noted that she will be advertising offers of cooperative compensation on her social media channels and alongside listings on her brokerage’s website. It doesn’t matter,” O’Koniewski said. “If
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