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‘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. He said he’s also interested in seeing where homes will be listed since they will no longer be required to be in the MLS system.

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What Home Sellers Need to Know about Closing Costs in Kentucky

HomeLight

In Kentucky, the average closing costs for sellers are approximately 2% of the sale price or $3,000 for a $150,000 home (which is the average selling price across the state) and the agent’s commission, which is 5-6% of the sale price or up to $9,000 on a $150,000 home sale for a total of approximately $12,000 in costs.

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Borrowers exiting forbearance may choose to sell their homes – What role do servicers play?

Housing Wire

According to Black Knight , 96% of homeowners have at least 10% equity – meaning they may be able to pay off their loan, closing costs, and agent commissions without paying out of pocket or a short payoff. JC: There is no question that servicer capacity is a big issue.

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Selling a House ‘As Is’ in Michigan

HomeLight

MLS has a field to mark a listing “as is”? Real estate attorneys are not considered essential for closing in the state of Michigan. When it comes to cleaning up a house, I highly recommend they stage it properly, clean it, and do all those things to help it sell.” yes, according to Jeff Todd. Is a real estate attorney required?

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How Much Does It Cost to Sell a House?

Redfin

Your realtor uses the MLS to obtain information on three or four homes currently on the market or those that have recently sold in your neighborhood. Don’t forget to stage your front porch and back patio too. There are several benefits to staging your home. A CMA is an extremely helpful tool when selling your home.

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How to Sell a House by Owner in Colorado

HomeLight

Step 3: Declutter, clean, and stage your home. Or the cost of a professional, if you so choose.). You may also want to consider strategically staging your home so that buyers can envision how each space could be used. Listing on the multiple listing service (MLS) will get your property more visibility.

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Price Reduction in Real Estate: A 5-step Guide for Agents

The Close

If the CMA is on point, the listing might benefit from home staging and improved curb appeal by cleaning up the front yard and painting. After you’ve staged the home and updated the curb appeal , write a new listing description and hire a professional photographer to take new real estate listing photos.

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