Housing Wire

SEPTEMBER 7, 2023

The three class action suits Moehrl , Sitzer/Burnett , and Nosalek , named after their lead plaintiffs, take aim at NAR’s Participation Rule , which requires listing agents to make a blanket offer of compensation to buyers’ agents in order to list the property on a Realtor-affiliated multiple listing service (MLS).

Agents 395

Agents Loan Officer Lending MLS 395

Housing Wire

SEPTEMBER 15, 2023

Did you know that HUD has an online search where you can find homes for sale all over the country that qualify for different special programs? Stop relying so heavily just on your MLS! Be the one who’s in the know! You can even search for investors, first time buyers, first responders, etc.

VA loan 417

VA loan Loans Mortgages Closing costs 417

Realty Biz

JULY 31, 2022

The commission is a percentage of a home’s total sale price for working on a sale. A real estate agent’s commission is part of a seller’s closing costs. Real Estate commission checks are often paid between a buyer and seller at the closing table. What Will a Real Estate Agent Make on a Sale?

Sales 94

Sales Brokerage Agents Closing 94

HomeLight

MARCH 30, 2022

Whether you’re an investor looking for a speedy sale so you can move on to your next deal or a homeowner trying to unload a property quickly to avoid financial strain, you’re in search of real estate cash buyers to purchase your house without a lengthy or uncertain process. Reduce the time it takes to close your sale.

Sales 95

Sales Investor Renovation Due diligence 95

Toronto Realty Blog

JANUARY 27, 2023

The letters “SC” on an MLS listing mean the property is “sold conditionally,” and agents not only know this, but are quite accustomed to seeing it on listings. Let’s say that your home in listed for sale and you receive an offer, but the offer has a condition. SCE What in the world is that?

Purchase and sale agreement 77

Purchase and sale agreement Sales MLS Closing 77

Housing Wire

JUNE 13, 2022

From Multiple Listing Services (MLS) to consumer-facing giants like Zillow , Realtor.com and Redfin , the real estate industry is raising awareness about homebuyer assistance programs through agent education and self-service tools that help consumers find programs they qualify for.

Finance 370

Finance Loans Closing Closing costs 370

Real Trends

OCTOBER 5, 2022

Why would a buyer choose your listing versus the one that’s for sale down the street? Have your seller contribute $10,000 toward the buyer’s closing costs. This is paid at settlement and flows through the title agency or attorney closing the transaction. This would be paid at closing by the seller.

MLS 99

MLS New Construction Closing Closing costs 99

HomeLight

JANUARY 22, 2024

They don’t want to make the repairs themselves to lift the house for sale with a realtor. MLS has a field to mark a listing “as is”? As is” is a type of home sale where it’s understood that no improvements will be made to the property. yes, according to Jeff Todd. What is ‘as is’ condition in real estate? “As he adds.

As-is 85

As-is Seller disclosure Closing costs Investor 85

RIS Media

FEBRUARY 11, 2021

A conversation With Product Expert Nikki Morgan of CRS Data’s MLS Tax Suite. When it comes to property data, most real estate agents are able to access a wide variety of tools and rich map features through their MLS, which partners with a property tax data vendor. You can leverage these estimates when reviewing closing costs.

MLS 105

MLS Closing costs Technology Agents 105

HomeLight

OCTOBER 11, 2021

You see a house you love, but the listing shows that it is an “active pending short sale.”. And just what is a short sale, anyway? Is a short sale home purchase for you? And can you still make an offer on an active pending short sale? Short sales defined . What causes a short sale? Wait, what?

Short sale 73

Short sale Sales Banks Backup offer 73

Housing Wire

NOVEMBER 27, 2023

New home sales fell on a month-over-month basis in October, but continued to outpace last year’s levels. Meanwhile, low supply and high mortgage rates continued to dampen existing home sales. In October, new home sales reached a seasonally adjusted annual rate of 679,000, according to data published on Monday by the U.S.

Sales 417

Sales New Construction Construction Closing costs 417

HomeLight

JANUARY 12, 2024

Melinda is a top-selling agent in Tennesee who completes 18% more sales than the average agent in the state. MLS has a field to mark a listing “as is”? As is” is a type of home sale where it’s understood that no improvements will be made to the property. Crosslin works with his wife, Melinda Crosslin , at Crye-Leike.

As-is 97

As-is Investor Residential Closing costs 97

HomeLight

MAY 8, 2024

As is” is a type of home sale where it’s understood that no improvements will be made to the property. An as-is sale may also indicate that the functionality and longevity of specific home components, such as the water heater or the roof, are in less than perfect condition and may need considerable repair.

As-is 88

As-is Inspection Finance Residential 88

HomeLight

JANUARY 3, 2023

Year-over-year, monthly sales in the Phoenix metro area were down nearly 25%. Often, the decision to go for sale by owner (or, “FSBO”) is motivated by a desire to save on agent commissions. Once you’ve seen what’s required, you can roll up your sleeves and get started with your FSBO sale in Colorado.

Purchase and sale agreement 99

Purchase and sale agreement Inspection MLS Inspection contingency 99

HomeLight

APRIL 28, 2023

When the time comes to move, some tenacious homeowners in Texas are eager to take over the reins of their home sale and figure out how to sell a house by owner. Often, the decision to go for sale by owner (or “FSBO”) is motivated by a desire to save on agent commissions. That 6% is deducted from the seller’s proceeds at closing.

Purchase and sale agreement 76

Purchase and sale agreement Inspection Title Inspection contingency 76

HomeLight

JANUARY 10, 2023

With such impressive sales figures, some sellers may be curious about how to sell a house by owner in California — a decision that could help them save on agent commissions. Often, the decision to go for sale by owner (or, “FSBO”) is motivated by a desire to save on agent commissions. Fast Fasts for Selling a House in California.

Purchase and sale agreement 91

Purchase and sale agreement Natural hazards disclosure Inspection Title 91

Real Trends

MARCH 22, 2023

” Read the entire MLS description, including extended comments/agent comments Many times the listing agent will actually state exactly what it will take for the seller to consider an offer. Notice if there are any details listed These details could include FHA approval, seller financing, closing cost assistance or as-is conditions.

Inspection 77

Inspection Agents New Construction Closing costs 77

HomeLight

MARCH 31, 2022

Early 2022 data from Florida Realtors® indicates a 23% increase in median sales price and a 33.3% With such impressive sales figures, some Florida sellers may be curious about how to sell a house by owner in Florida — a decision that could help them save on agent commissions. Average home sale price in Florida: $530,419 (Jan 2022).

Purchase and sale agreement 91

Purchase and sale agreement Inspection Title MLS 91

HomeLight

MARCH 31, 2022

price increase , pushing median sale prices to upward of $350,000. With such impressive sales figures, some sellers may be curious about how to sell a house by owner in Arizona — a decision that could help them save on agent commissions. Median sales price: $449,900 (Feb. Median sales price: $449,900 (Feb. 2022 , a 28.5%

Purchase and sale agreement 89

Purchase and sale agreement Inspection MLS Inspection contingency 89

HomeLight

JANUARY 29, 2021

If you’re selling For Sale By Owner, you’ll save on the listing agent’s commission. Other than that, you’re on the hook for the same closing costs as any other seller. Closing costs without a Realtor® typically average 1% to 7% of the final sale price. Closing costs without a Realtor®.

Closing costs 98

Closing costs Closing Seller concession Title search 98

Redfin

JULY 26, 2021

If you’re thinking about selling your house , you’ll want to know how much it’s going to cost you to do so. The average cost of selling a home in the US is approximately 10 – 15 percent of your home’s sale price. As an example, at 15 percent, the cost to sell a $250,000 house could be as much as $37,500.

Seller concession 70

Seller concession Closing costs Inspection Staging 70

HomeLight

DECEMBER 1, 2022

Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. Receive your offer within a week and close in as little as 10 days. They usually present a take-it-or-leave-it sale price. If you accept the offer, you’ll both sign a sales contract. Close the sale and get paid quickly.

Purchase and sale agreement 77

Purchase and sale agreement Closing costs Closing Investor 77

HomeLight

JULY 28, 2022

It needs repairs to make it viable for sale. HomeLight’s Simple Sale platform provides full cash offers for homes in almost any condition nationwide and in Minnesota. Get an offer in as few as 48 hours and close in as little as 10 days. Minnesota Home Guys may complete the sale and give you your cash in as little as seven days.

Closing costs 72

Closing costs Purchase and sale agreement Closing Staging 72

HomeLight

JULY 30, 2021

Your home isn’t for sale. Wholesalers do the legwork; they approach homeowners with unsolicited offers and negotiate a below-market sale price (i.e., Even before the 2020 pandemic and the concurrent homebuying boom, there weren’t enough properties for sale to accommodate the number of buyers in the market.

Investor 106

Investor Staging Closing costs MLS 106

HomeLight

JANUARY 3, 2022

Top iBuyer companies include Opendoor, Offerpad, Redfin Now, and HomeLight (we offer iBuying services through our Simple Sale platform). An agent-assisted sale is likely to benefit from the competition of the open market in which buyers make connections with homes and often bid with their emotions. All of this takes time.

Agents 94

Agents Title Inspection Title search 94

HomeLight

AUGUST 31, 2021

You’re reading through a new MLS listing, and you believe you found your ideal home. They’ll put the house up for auction either in a sheriff’s or public trustee sale (the name depends on what foreclosure process your state follows). Different types of foreclosure sales. Short sale. Pre-foreclosure.

Pre-approval 98

Pre-approval Short sale Banks Finance 98

HomeLight

NOVEMBER 3, 2022

Links and mentions of North Carolina flat fee MLS companies in this post do not constitute an endorsement. Real estate agents market their listings on the multiple listing service (MLS) as part of their marketing strategy – something FSBO (for sale by owner) sellers cannot do on their own. What is a flat fee MLS listing service?

MLS 84

MLS Purchase and sale agreement Agents Sales 84

HomeLight

DECEMBER 8, 2022

Links and mentions of Connecticut flat fee MLS listing companies should not be considered an endorsement. That’s where flat fee MLS listing services come in. Read on to learn more about these services — and whether working with one of these companies makes sense for your FSBO Connecticut home sale. Get Started.

MLS 85

MLS Purchase and sale agreement Agents Sales 85

HomeLight

JANUARY 22, 2024

This oftentimes will have to do with unique circumstances that don’t really lend themselves to renovating a property for sale. Sell 'As Is' With a Cash Offer in Virginia HomeLight’s Simple Sale platform will provide a no-obligation, all-cash offer for Virginia homes in almost any condition. Yes Is a real estate attorney required?

As-is 90

As-is Inspection Equity Renovation 90

HomeLight

NOVEMBER 2, 2022

Mentions of flat fee MLS companies and links in this post do not constitute an endorsement. If you’re considering selling your home without the help of a real estate agent, you may want to use a flat fee MLS service to reach potential buyers. What is a flat fee MLS listing service? Let’s get started. Get Estimate.

MLS 96

MLS Purchase and sale agreement Agents Sales 96

The Close

APRIL 30, 2024

Take Action Before Reducing the Price Before making a price reduction, real estate agents should ensure there is nothing more they can do to facilitate more showings and a faster sale. Decide on One (or More) Price Reduction Strategies Whatever the reason, real estate price reductions are a part of real estate sales.

Agents 77

Agents Short sale Staging Sales 77

CT Homes

DECEMBER 22, 2021

When homeowners wish to sell a house without a realtor, they list their home as a “For Sale By Owner” listing. One of the most common areas to save on a real estate transaction is closing costs. For every easy sale completed without a real estate agent, nine others are an issue. Product Awareness.

MLS 88

MLS Investor Agents Closing costs 88

Real Trends

SEPTEMBER 15, 2023

Did you know that HUD has an online search where you can find homes for sale all over the country that qualify for different special programs? Stop relying so heavily just on your MLS! Be the one who’s in the know! You can even search for investors, first time buyers, first responders, etc.

VA loan 82

VA loan Loans Mortgages Closing costs 82

HomeLight

JUNE 30, 2021

Because it pulls from public, MLS, and user-submitted data, the Zestimate depends on the amount of data available. For sale by owner” listings appear on the “Other” tab and are kept separate from Agent Listings, so you have to make sure you’re on the right tab if you’re looking for a FSBO. million ratings and 4.4

Marketing 67

Marketing MLS Commercial Closing costs 67

HomeLight

NOVEMBER 23, 2022

Links and mentions of Arizona flat fee MLS companies in this story do not constitute an endorsement. You may be thinking about whether to use a real estate agent to sell your Arizona home or go the FSBO (for sale by owner) route and use an Arizona flat fee MLS company. What is a flat fee MLS listing service?

MLS 75

MLS Agents Sales As-is 75

HomeLight

AUGUST 16, 2021

REOs for short, these kinds of sales expose buyers to a lot of potential risk. But they also provide a lot of opportunity for big return on investment, too — much bigger, and faster, than you might expect with many traditional sales. What is an REO sale? In the market for a “ real estate owned” property ? Source: (Andre W.

Banks 104

Banks Pre-qualification Investor Short sale 104

Realtor.com

NOVEMBER 14, 2022

Homes are sitting on the market longer, sellers are slashing prices, and sales are stalling. “We came from a massive run-up in prices, sales, demand in the housing market, and now it’s contracting. ” More homes are for sale, but not many new ones are coming on the market. And they’re beginning to oblige.

Marketing 105

Marketing Mortgages Sales Loans 105