The Close

JULY 23, 2022

In order to make your search easier, here are nine hidden listing opportunities and the tips and scripts you’ll need to close them. Begin with an MLS search of the past 12 months’ sales in the area your client is looking. Every agent knows that they can find expired listings on their MLS or using Vulcan7. Nothing else.

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Bankruptcy Purchase and sale agreement MLS Investor 111

Redfin

MARCH 25, 2022

The commission they earn is a percentage of the home’s purchase price. Typically, the real estate agent is paid when the home purchase closes – when the money for the sale changes hands from buyer to seller. The commission payment is usually a cut of the sale price from the seller’s home sale proceeds.

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Purchase and sale agreement Agents Brokerage Closing 57

HomeLight

FEBRUARY 27, 2021

of the final home sale price. While the seller is the one who technically pays commission fees, they don’t pay the commission until after they’ve received their home sale proceeds. So, it’s ultimately the buyer who brings the necessary funds to pay agent commissions to the closing table. There are a couple of rare exceptions.

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Agents Purchase and sale agreement Staging MLS 77

First Team Real Estate

NOVEMBER 9, 2020

You deserve an agent who listens, understands, and develops a plan of action personalized to you. With mortgage rates remaining at historic lows, it’s actually more affordable to purchase a home today than it was last year, even though home prices are continuing to rise.

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Agents Purchase and sale agreement Backup offer MLS 93

Easy Agent Pro

JANUARY 13, 2023

Specializing in one clientele or the other is great for agents who have developed a system for properly handling either buyers or sellers and attracting that type of lead. Finding out why a client is purchasing a home is an important foundation to start your relationship. Pay close attention to how your client answers this.

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Marketing Purchase and sale agreement Agents VA loan 106

HomeLight

NOVEMBER 9, 2021

Appraisal (verb) : an appraisal is the act or process of developing an opinion of value. MLS listings of the comparable properties. Any additional information the appraiser used in the appraisal process, including market sales data, public land records, or tax records. Appraisal for a lender-financed home sale.

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Purchase and sale agreement Equity Bankruptcy Finance 84

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?

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MLS Purchase and sale agreement Agents Sales 77

Boom Town

JULY 27, 2017

Both buyer and seller agents need basic sales skills, such as time management, consistent lead follow-up, the ability to pre-qualify and present, etc. 80 percent of agents fail to renew their license after the first year after closing zero deals. Add information into the MLS. Initiate the closing process.

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Purchase and sale agreement MLS Agents Closing 40

HomeLight

DECEMBER 15, 2021

We’ve heard the stories about people who managed to make an offer on a house before it officially went up for sale, beating out all the other would-be buyers and scoring the home of their dreams. But if you don’t know how to buy a house before it’s listed on the MLS (multiple listing service), then you’ll miss out on this chance.

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MLS Pre-qualification Purchase and sale agreement Agents 80

Housing Wire

APRIL 16, 2024

There are a lot of moving parts in a purchase transaction; I thought this would streamline the process, making a better experience for all parties and at the same time generate more revenue,” Read said. The basic rule is that to be a loan originator, you have to be licensed and be sponsored on an MLS by a licensed or exempt entity.

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Loan Officer Loans Agents Mortgages 413

HomeLight

MAY 23, 2022

HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. Skip repairs and close in as few as 10 days. Median sales price in North Carolina. MLS has field to mark a listing “as is”? Real estate attorneys are considered essential for closing in the state of North Carolina.

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As-is Purchase and sale agreement VA loan Inspection 81

HomeLight

JULY 29, 2022

Once your offer has been accepted by the seller and you have signed the purchase contract, it’s time to order an appraisal. Appraisers use local multiple listing services (MLS) to evaluate this, among other resources. If the seller accepts, this is when you as the buyer sign the purchase contract to solidify the details of the sale.

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Purchase and sale agreement Earnest money deposit Inspection Loans 79

RIS Media

SEPTEMBER 20, 2021

Robertson faulted a homebuyer and their agent after they discovered significant flooding on a newly-purchased property, saying they “failed to act diligently” by doing more research or observing land conditions before making an offer. Leimsider, in which a seller allegedly concealed water damage during a sale and inspection.

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Design Purchase and sale agreement Agents Inspection 109

HomeLight

JULY 27, 2021

Regardless of whether an individual’s professional designation is a licensed real estate agent or a Realtor® (a Realtor® is a licensed agent who is a member of the National Association of Realtors ), most agents are paid through commissions, which are a percentage of a home’s sales price. Help buyers at the closing table.

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Purchase and sale agreement MLS Agents Brokerage 108

Toronto Realty Blog

DECEMBER 14, 2020

Charging somebody an extra $3 on the purchase of printer ink, because there’s an assumption that they’re disposing of their previous printer ink, doesn’t make people purchase less ink. Check out an open house, walk through a neighbourhood under development, or talk to some people out there looking to buy.

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Purchase and sale agreement As-is Debt-to-income ratio Marketing 113

HomeLight

MARCH 31, 2022

Sellers may opt to hire a real estate attorney to represent their interests and some states consider licensed attorneys to be “essential” for closing. A real estate attorney may draft and review closing documents, transfer property title, resolve legal barriers, and mediate contract disputes. For-sale sign is installed in the yard.

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Purchase and sale agreement Title Inspection Agents 120

HomeLight

OCTOBER 27, 2021

In fact, the homeowner might even have a plan to catch up on the mortgage, and in the end, the home won’t end up in any kind of sale.). If you’re going to be buying the preforeclosure with a mortgage, your purchase agreement is contingent on your ability to secure a loan, so getting preapproved is important.

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Purchase and sale agreement Inspection Homeowner’s association Title 82

HomeLight

DECEMBER 13, 2022

When the time comes to move, some tenacious homeowners in Virginia are eager to take over the reins of their home sale and figure out how to sell a house by owner. With millions of homes sold each year, a modest portion of sellers — about 7% in 2021 and 10% in 2022 — choose to list “For Sale By Owner” (or FSBO — pronounced fizz-bow).

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Purchase and sale agreement MLS Agents Sales 80

HomeLight

MARCH 30, 2022

To best meet your homeownership needs, the real estate company you choose should have expertise in the local market, a high number of home sales under their belt, a quick turnaround on home sales, and a track record of ethical transactions. A real estate brokerage is only as good as the agent you choose.

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Residential Brokerage Purchase and sale agreement Agents 76

HomeLight

MARCH 17, 2021

The planning stage (1 to 3 years before purchase). The biggest amount of cash you’ll need at closing is the down payment. Be ready to pay closing costs, which could be up to 5% of the price of the house. Those funds are due on closing day. The shopping stage (1 to 6 months before purchase).

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HomeLight

AUGUST 31, 2021

We talked to agents, builders, and other top industry experts to develop this guide that’ll help you make the most out of working with an agent on your new-home purchase and to find out what they can do for you. Purchase contracts aren’t standard legal boilerplate. Decoding the fine print of new-construction paperwork.

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Agents New Construction Purchase and sale agreement Construction 127

HomeLight

OCTOBER 17, 2022

What about the age of the water heater you purchased 11 or 12 years ago? You want to read in plain-speak what you are legally obligated to disclose to buyers — and if you acknowledge problems with your home, does that mean you’ll have to pour money into fixing them before you can close a sale? Find Agent.

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Purchase and sale agreement Seller disclosure Inspection Agents 84

HomeLight

OCTOBER 14, 2022

When the time comes to move, some tenacious homeowners in Pennsylvania are eager to take over the reins of their home sale and figure out how to sell a house by owner. With millions of homes sold each year, a modest portion of sellers — about 7% in the last few years — choose to list “For Sale By Owner” or FSBO (pronounced fizz-bow).

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Purchase and sale agreement MLS Seller disclosure Agents 82

Marco Santarelli

AUGUST 17, 2020

® offers a comprehensive list of for-sale properties, as well as the information and tools to make informed real estate decisions. For example, it provides a quick snapshot of local markets like the median sale price and average price per square foot so you can estimate what a house is worth on the market in good condition. Realtor.com®

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Purchase and sale agreement Investor Land MLS 115

The Close

JUNE 28, 2022

Get Three Free Real Estate Brochure Templates If you’re looking for real estate brochure templates that you can start editing right away, print, and use at your events this weekend, The Close has you covered. Click below to access three free Close-exclusive real estate brochure templates. The Close Recommends: ProspectsPLUS!

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Purchase and sale agreement Design Branding Closing 98

The Close

MARCH 7, 2024

Zillow Leads These leads could be anywhere in the sales funnel—from the very start of the real estate process to buyers ready to make an offer. I’m not signing any agreements. At the least, you’ll gain insights into my successful sales strategy. In the meantime, feel free to reach out if you have any questions.

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Purchase and sale agreement Agents Investor Marketing 77

Toronto Realty Blog

NOVEMBER 3, 2021

In the Toronto real estate market, most deals close, and 99% of the time, they close as scheduled. But while these deals close, it doesn’t mean there aren’t bumps along the way. The buyer of the house was an agent purchasing for her own family. This sale was signed, sealed, and delivered, so to speak.

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Purchase and sale agreement Closing Backup offer Agents 96

GeekEstate

OCTOBER 16, 2020

Sellers can go to Opendoor.com, receive an offer for their home, sign and close on the date of their choice — a dramatic improvement over the traditional selling process which can take 100+ days. Opendoor has ambitious plans to reach nearly 38,000 annual home sales and $10 billion in revenue by 2023.

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Purchase and sale agreement Title Investor Brokerage 90

The Residential Specialist

AUGUST 31, 2021

Some niches can transcend geography and be developed in any city across the country. Once upon a time, it was improper for a single woman or man to purchase a home pre-marriage. This buyer wants to purchase a home and is done throwing away money on rent. Guest Editor: Jen Ward, CRS. Single-person buyer.

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Purchase and sale agreement Principal Design MLS 52

The Close

DECEMBER 29, 2022

After all, great communication leads to closed deals. Furthermore, in today’s market, understanding our complex mortgage industry could actually help you close more deals and maybe even save clients money. This tool, also known as a like-kind exchange, allows investors to defer paying capital gains taxes on a sale. Assignment.

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Purchase and sale agreement Title Proof of funds Pre-approval 98

Marco Santarelli

SEPTEMBER 8, 2020

percent increase in pending sales for the month. Total sales (closed) during July increased 35.4 Data by Realtor.com also corroborates that in July 2020, the Naples housing market was a seller’s market, which means there were roughly more buyers than there were active homes for sale. percent year over year. This was a 27.5

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Marketing Purchase and sale agreement Investor Closing 105

Housing Wire

NOVEMBER 15, 2023

Would love for our MLS to not be a part of the organization. The most popular responses were lobbying and MLS access, which many respondents described as critical. Quite a few were complimentary of the lobbying work done, classes, training and, yes, MLS access. Many respondents said they are using buyer-broker agreements.

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Purchase and sale agreement MLS Agents FHA loan 379

HomeLight

APRIL 19, 2021

Right now, you are nodding your head in agreement. I think, Caroline, since the last time we spoke, that was in January, maybe the biggest development since January is that people, being consumers, are now starting to get vaccinated. Five years ago, it was about half that. Are we seeing any impact? Caroline: For sure.

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Agents Purchase and sale agreement New Construction As-is 74