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‘Find buyers before agents!’ Mortgage industry reacts to the NAR settlement

Housing Wire

Mortgage pros have closely monitored the commission lawsuit developments since a Kansas City, Missouri jury determined that NAR, HomeServices of America , and Keller Williams conspired to inflate or maintain high commission rates through NAR’s so-called Participation Rule. Caccia said that 80% of his business comes from buyers’ agents.

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17 Tips to Sell Your House in a Down Market

HomeLight

Being aware of the real estate market trends, especially in your area, is important because buyers who are shopping for their next home are closely weighing their choices in regard to affordability. If new housing developments offer first-time buyer down payment assistance or a fixed interest rate, those options could lure buyers away.

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A Guide On How To Sell Your House Fast

Redfin

It costs close to ten percent of a house’s selling price to sell your home. Home staging, photographs, and cleaning services. Seller concessions. You’ll also need to consider closing costs on your new house, typically three percent of the purchase price. Offering to pay closing costs for the buyer.

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Selling FSBO? Tally Your Closing Costs Without a Realtor

HomeLight

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. Additional closing costs may include any seller concessions, attorney fees, and the buyer’s agent’s commission.

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Buyer’s Market vs Seller’s Market: What’s the Difference?

The Close

Pro Tip Sellers can get frustrated when their listing sits on the market, waiting for a buyer. For agents, offering advice on cost-effective improvements, staging tips, and accurate pricing is essential. FAQ How do interest rates affect a buyer’s or seller’s real estate market? appeared first on The Close.

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Can You Sell a Home in Foreclosure? Why Time Is of the Essence

HomeLight

Whatever stage you’re in, it’s natural to feel paralyzed with disappointment, sadness, and a sense of panic when those overdue notices and warnings come from your mortgage company. However, as the Department of Housing and Urban Development (HUD) mentions in its guidelines to avoiding foreclosure : “Foreclosure doesn’t happen overnight.”

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How to Sell a House With a Realtor®, From Home Prep to Closing Day

HomeLight

A top agent found through HomeLight will help you set a competitive price, prep and stage your home, market and advertise your home, spread the word to brokers, conduct open houses, and more. Develop a plan to achieve your selling goals. Few (or zero) repair requests, contingencies , or seller concessions. Find Agent.

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