Housing Wire

APRIL 16, 2025

Since our income is (usually) tied directly to closings, many real estate agents wonder how to close deals faster. Faster sales not only allow us to help more clients each year, they also help alleviate some of the stress and anxiety that come with a commission-only career. Who are these motivated clients?

Closing

Redfin

JULY 31, 2025

These can lower appraisals, delay closings, and create insurance headaches. Consider which option fits your goals: Traditional sale: It’s possible, but you’ll need a real estate agent who’s comfortable marketing distressed properties. Choose one who works with investors or handles estate and probate sales.

Sales

AAOA

MAY 5, 2025

It usually starts when a property owner falls behind on mortgage payments or property taxes. Foreclosures: Foreclosures happen when a homeowner cant make mortgage payments. In these early stages, the homeowner struggles to keep up with mortgage payments but still owns the property. But what actually makes a property distressed?

Bankruptcy

Marco Santarelli

JANUARY 27, 2023

Buying a newly constructed home may also provide tax advantages, such as a reduced property tax rate for the first year and the option to claim mortgage interest and property tax deductions. This is sometimes negotiable and is a major advantage for investors who prefer to minimize their out-of-pocket cash until the actual closing date.

New Construction

The Close

FEBRUARY 5, 2024

I’ve turned rentals in lean months, and I’ve seen agents pivot to becoming mortgage brokers as well. Try drilling down into a profitable niche in real estate , like vacation rentals or probate sales. The post How to Grow Your Real Estate Business: 11 Tips + 1 to Avoid appeared first on The Close.

Agents

The Close

NOVEMBER 8, 2023

And with mortgage rates currently sitting around 8%, this puts homeownership on ice for many. When I was an agent in New York City, I made $1,500 to $3,000 per closed rental transaction. Agents who worked high-end exclusive rental listings sometimes collected five-figure commission checks from one closed rental deal.

Probate sale

HomeLight

JUNE 23, 2023

But when you think about probate, remember the whole point of it is to prevent fraud after someone dies. So you can bet the court will keep a close eye on what’s usually an estate’s largest asset: the house. What happens to the house when it enters probate? Let’s walk through a few common scenarios for a house in probate.

Probate sale