Housing Wire

NOVEMBER 7, 2023

The guilty verdict of the landmark Sitzer/Burnett commission lawsuit case sent shockwaves across the real estate industry. Not helping FHA, VA borrowers get off the sidelines Under current FHA rules, sellers can contribute up to 6% in concessions to FHA borrowers to cover closing costs, prepaid expenses and discount points.

VA loan 477

VA loan Agents Seller concession FHA loan 477

Housing Wire

OCTOBER 21, 2022

In times as tough as these, mortgage lenders must be proactive in borrower outreach and find consumers’ home finance needs if they’re going to close a deal, a new report by mortgage relationship data company Sales Boomerang concludes. Rocket launched a similar product in September.

Seller concession 357

Seller concession Mortgages Loans Finance 357

Housing Wire

APRIL 12, 2023

With the mortgage industry still rightsizing, mortgage professionals are worried about regulation of the industry and inflation that thins already tiny margins. None of the surveyed mortgage professionals said staff cuts caused decreased ability to close loans and lack of training were the challenges they faced. About 47.1%

Mortgages 343

Mortgages Loan Officer Marketing Seller concession 343

HomeLight

NOVEMBER 1, 2021

Industry experts estimate that sellers can expect to pay anywhere from 6% to 10% of their home’s purchase price in closing costs when it’s time to sell. So if your home sells for $450,000, you could spend anywhere between $27,000 to $45,000 in seller fees. Typical seller closing costs. Appraisal fee.

Closing costs 71

Closing costs Closing Seller concession Purchase and sale agreement 71

The Close

DECEMBER 14, 2023

Gross commission income (GCI) is the full amount of money a real estate agent may receive in exchange for representing a buyer, seller, or both in a real estate transaction. GCI is generally calculated by multiplying the commission rate by the final sale price. Fill in your final sale price and commission rate below.

Agents 96

Agents Seller concession Brokerage Closing 96

Easy Agent Pro

SEPTEMBER 5, 2023

Carefully consider factors like inventory levels, average sale prices, and average days on the market before making decisions. A larger deposit can give the seller confidence in your ability to close the deal and may make your offer more enticing compared to others.

Earnest money deposit 76

Earnest money deposit Seller concession Purchase and sale agreement Pre-approval 76

Real Trends

JULY 11, 2022

This is the traditional strategy, but in some cases their dollars can go further if they look in different areas that are close to their desired location. Of course you want the sale to go through, but explaining contingencies in a contract reduces stress for home buyers and builds a feeling of trust and good will between you.

Seller concession 79

Seller concession Closing costs Inspection Title search 79

Realty Biz

DECEMBER 5, 2022

The home inspection contingency in a real estate contract allows the buyer to back out of the sale when there are issues. Most of the time, the problems are not significant enough for a buyer to terminate but to either negotiate the price or ask the seller to complete repairs. How to Negotiate Problems Found at a House Inspection.

Inspection 137

Inspection Earnest money deposit Purchase and sale agreement Inspection contingency 137

Real Trends

JANUARY 2, 2023

An increasing number of agents are exiting the industry because of these roller coaster conditions. If the interest rates do drop and get closer to 5%, agents can expect a mini-boom in which the low rates will re-inspire housing demand significantly and boost overall sales. Staying the Course.

Seller concession 99

Seller concession Agents Mortgages Equity 99

RIS Media

FEBRUARY 17, 2022

The report noted, “It’s time to stop questioning whether iBuying is good or bad and start asking if an instant offer is a good option for your next home sale.”. Buy before you sell, sale leaseback, and especially cash offer options for home buyers catapulted the growth of Power Buyers and their accessibility to consumers.

Seller concession 81

Seller concession Loan contingency Mortgages Loans 81

The Close

FEBRUARY 20, 2024

Preparation and presentation: Sellers should focus on depersonalizing and decluttering their homes to appeal to a wide range of buyers. This phenomenon means there are fewer buyers than there are homes for sale. What Is a Seller’s Market? Key Takeaways: Sellers’ advantage: Sellers have the upper hand due to limited supply.

Marketing 93

Marketing Debt-to-income ratio MLS Pre-approval 93

Housing Wire

JANUARY 13, 2023

Going from a volatile rate environment in the latter half of 2022 to a market with lower, more stabilized rates, there’s optimism spreading across the industry that buyers will come back. Connie Kim: There seems to be optimism in the mortgage industry at the start of the new year. How have the first two weeks of January been?

Pre-approval 408

Pre-approval Marketing Seller concession Mortgages 408

HomeLight

JULY 14, 2021

We’ve researched all the ways smoking and real estate values intersect and how smoking indoors potentially affects a home sale, talking to experienced real estate agents about the impact of cigarette damage over time, as well as checking in with cleaning professionals on the best ways to de-funk a smoker’s house.

Seller concession 108

Seller concession Agents As-is Staging 108

HomeLight

APRIL 17, 2024

Both promise to buy your home for cash, and close quickly. Alternatively, HomeLight can provide an all-cash offer to purchase your home through our Simple Sale platform. This enables you to skip many of the typical hassles of selling a house (repairs, showings, open houses), and close in as little as 10 days. What is Offerpad?

Seller concession 95

Seller concession Inspection Rent back Closing 95

HomeLight

DECEMBER 2, 2021

We detail what costs you’re likely to incur and what sellers pay on average. 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. Cost to seller.

Seller concession 110

Seller concession Staging Inspection Renovation 110

HomeLight

APRIL 14, 2023

In this guide, we will review the pros and cons of each approach to help you decide which makes the most sense for your home sale. Get a cash offer with HomeLight’s Simple Sale If you want to sell your house fast in Miami, HomeLight’s Simple Sale all-cash offer platform could be the perfect solution. The company has 4.6

Sales 80

Sales Due diligence Agents Closing 80

HomeLight

APRIL 11, 2023

For this reason, many industry publications will advise that you buy in January or February for a better price. Colorado Springs The median sale price in Colorado Springs was $465,000 in February 2023 , with homes staying on the market for an average of 54 days, up 122.4% When is the best time of year to buy a house in Colorado?

Fixed-rate mortgage 83

Fixed-rate mortgage Seller concession Agents Sales 83

Redfin

DECEMBER 27, 2023

18 housing trends that defined the year, including record mortgage rates, depleted inventory, and dwindling home sales 2023 was a difficult year for the housing market. The spring homebuying season never happened , housing inventory remained historically low throughout the year, and sales plummeted. Seasonal trends buckled.

Marketing 62

Marketing Mortgages Investor New Construction 62

HomeLight

APRIL 11, 2023

For this reason, many industry publications will advise that you buy in January or February for a better price. the inventory of homes for sale tends to be relatively tight compared to many other parts of the country. Valerie Caro Real Estate Agent Close Valerie Caro Real Estate Agent at Flagstaff Top Producers Real Estate 5.0

Purchase and sale agreement 80

Purchase and sale agreement Agents Seller concession Inspection 80

HomeLight

APRIL 26, 2023

When the time comes to move, some tenacious homeowners are eager to take over the reins of their home sale and figure out how to sell a house by owner in Alabama. 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).

MLS 67

MLS Agents Sales Proof of funds 67

HomeLight

MAY 1, 2023

When the time comes to move, some tenacious homeowners in Mississippi 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).

MLS 73

MLS Agents Sales Mortgage pre-approval letter 73

HomeLight

MARCH 13, 2022

When the time comes to move, some tenacious homeowners 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%-8% , historically — choose to list “For Sale By Owner” (or FSBO — pronounced fizz-bow). Learn More.

MLS 92

MLS Agents Mortgage pre-approval letter Sales 92

HomeLight

APRIL 27, 2023

When the time comes to move, some tenacious homeowners in Utah 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).

MLS 78

MLS Agents Sales Mortgage pre-approval letter 78

HomeLight

SEPTEMBER 10, 2022

Wiggs is an expert in the industry, working with 70% more single-family homes than the average Yonkers area agent. Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. Get a Free Home Value Estimate.

Closing costs 90

Closing costs Agents Seller concession Closing 90

HomeLight

MAY 25, 2023

When the time comes to move, some tenacious homeowners in North Carolina 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).

MLS 81

MLS Pre-approval Agents Sales 81

HomeLight

MAY 1, 2023

When the time comes to move, some tenacious homeowners in Maryland 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).

MLS 70

MLS Agents Mortgage pre-approval letter Sales 70

HomeLight

OCTOBER 11, 2022

When the time comes to move, some tenacious homeowners in Iowa 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%-8% , historically — choose to list “For Sale By Owner” or FSBO (pronounced fizz-bow).

MLS 96

MLS Purchase and sale agreement Pre-approval Agents 96

HomeLight

APRIL 27, 2023

When the time comes to move, some tenacious homeowners in Kentucky 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).

MLS 65

MLS Agents Sales Mortgage pre-approval letter 65

HomeLight

NOVEMBER 10, 2022

When the time comes to move, some tenacious homeowners in Chicago 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%-8% , historically — choose to list “For Sale By Owner” (or FSBO — pronounced fizz-bow).

Purchase and sale agreement 83

Purchase and sale agreement MLS Agents Pre-approval 83

HomeLight

NOVEMBER 21, 2022

When the time comes to move, some tenacious homeowners in Louisiana 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).

MLS 83

MLS Agents Sales Land 83

HomeLight

NOVEMBER 21, 2022

When the time comes to move, some tenacious homeowners in South Carolina 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).

Purchase and sale agreement 74

Purchase and sale agreement MLS Pre-approval Agents 74

HomeLight

NOVEMBER 30, 2022

When you choose well, your real estate agent will be your guide as you find your perfect home and make it to the closing table. We analyze millions of home sales to find buyer’s agents who will show you the perfect home with the right price. Attending the closing and ensuring it goes smoothly. Leverage technology.

Agents 111

Agents Purchase and sale agreement Technology Seller concession 111

HomeLight

APRIL 13, 2023

When the time comes to move, some tenacious homeowners in Kansas are eager to take over the reins of their home sale and figure out how to sell a house by owner. We’ll also provide a comprehensive overview of the full process to prep, market, and close on your home without the assistance of a real estate agent.

MLS 83

MLS Agents Sales Mortgage pre-approval letter 83

HomeLight

NOVEMBER 23, 2022

When the time comes to move, some tenacious homeowners in West 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).

MLS 79

MLS Agents Sales Closing 79

HomeLight

DECEMBER 6, 2022

When the time comes to move, some tenacious homeowners in Oregon 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).

MLS 81

MLS Agents Sales Inspection 81

HomeLight

DECEMBER 6, 2022

When the time comes to move, some tenacious homeowners in New Jersey 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).

Purchase and sale agreement 75

Purchase and sale agreement MLS Pre-approval Agents 75

HomeLight

NOVEMBER 14, 2022

When the time comes to move, some tenacious homeowners in New York 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).

Purchase and sale agreement 76

Purchase and sale agreement MLS Agents Pre-approval 76