The Close

FEBRUARY 20, 2024

Competition is lower for a home, and the number of days on market increases for listings. A buyer’s market can be determined by calculating the months of inventory. Anything more than six months is traditionally considered a buyer’s market. In this scenario, sellers have the upper hand in negotiations.

Marketing 91

Marketing Debt-to-income ratio MLS Pre-approval 91

HomeLight

DECEMBER 2, 2021

Kentucky-based Dianna Caldwell , a seasoned agent with 16 years of industry experience under her belt, gave us a rundown of seller costs and what homeowners should budget before they sit down to the closing table. Accounting for your payoff amount will help you determine how much cash you’ll net after your home sale closes.

Seller concession 112

Seller concession Staging Inspection Renovation 112

HomeLight

SEPTEMBER 27, 2022

Nevertheless, Gina Candelario , a top agent who works with 78% more single-family homes than the average San Antonio, Texas, agent, says sales are good and it’s still a seller’s market. Pre-listing inspection, if desired or needed: $279 to $400. Seller concessions. Covering certain closing costs: $26,000-$27,625.

Seller concession 69

Seller concession Closing costs Homeowner’s association Title 69

HomeLight

FEBRUARY 8, 2023

This state’s closing costs are some of the highest in the country. Sellers can expect to pay an average of 8% to 10% of the total sales price after combining all of the main costs that sellers must cover when selling a home in New York. This is typically 1%-2% of the sale price, and is negotiable between the buyer and seller.

Purchase and sale agreement 83

Purchase and sale agreement Inspection Investor Agents 83

HomeLight

APRIL 11, 2023

For someone who is experienced in the market, they’re going to help narrow that search down, especially in a huge market like the Phoenix area. Valerie Caro Real Estate Agent Close Valerie Caro Real Estate Agent at Flagstaff Top Producers Real Estate 5.0

Purchase and sale agreement 83

Purchase and sale agreement Agents Seller concession Inspection 83

HomeLight

JULY 25, 2022

Deduct your outstanding mortgage balance and any costs of selling you incurred (such as real estate commission, closing costs, title fees, repairs, prep, and staging). When selling your home, you’ve got to consider expenses such as closing costs, moving costs, and capital gains. Inspection and repair fees (varies).

Closing costs 92

Closing costs Equity Short sale Agents 92

HomeLight

JULY 25, 2022

Closing costs that add up: You paid these when you closed on this home, but you’ll probably have to pay them again if you sell it and buy another home. Use a top agent to price it right: Pricing your home to sell may reduce the number of days on market (DOM) and allow you to cut your losses. Seller concessions (2%-6%).

Closing costs 88

Closing costs Equity Short sale Sales 88