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111 Shocking Real Estate Statistics You Need To Know

The Close

homes spent a median of 14 days on market in June 2022—down 3 from 17 days in June 2021. sold below list price–and indication that the market is slowing. Realtors earning $100,000 or more in gross commission income are more than twice as likely to use advanced technology tools like a CRM than agents who earn less.

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Ready to Sell? Here Are 8 Things You Should Do Before Contacting a Real Estate Agent

HomeLight

Check your equity to evaluate if you’re ready to sell. Before you contact a real estate agent, check your equity to know where you stand with your mortgage. At a minimum, you want to have enough equity in your home to cover the cost of selling your home (e.g., Home equity ($200,000). closing costs and agent commission).

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Knock: The housing market favors buyers in 2023

Real Trends

Home finance technology company Knock released its Buyer-Seller Market Index on Thursday, which found the U.S. housing market will tilt toward buyers following the spring home-buying season, depending on the area they want to relocate to. The company currently operates in 75 markets in the U.S.

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Mike’s Book Report: The Art Of The CMA

GeekEstate

Greg is best known for his role as co-founder of W+R Studios and their software, known as Cloud Agent Suite (recently acquired by Lone Wolf Technologies). ’s concerning the pricing issues we see in most markets? A / Greg: The list to sold price ratios in some markets is just amazing. Let the market speak for itself.

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I Need to Sell My House Fast in Texas: What Are My Options?

HomeLight

Buy-and-hold investors: Buy-and-hold investors buy houses as long-term investments, often converting properties into rental units to build equity. Like flippers, these investors offer sellers below market value. Use the best technology to market your home. months Number of closed home sales year over year -14.5%

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Is It a Good Time to Sell a House, As Home Prices Would Suggest?

HomeLight

A report from CoreLogic recently revealed that homeowners enjoyed an average annual equity gain of $17,000 in Q3 2020, pushing equity levels to record heights nationwide. HomeLight’s Move Safe Certified agents have been identified as using the best tools, technology, and practices to keep buyers and sellers safe during COVID-19.

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Help Your Clients Save Thousands with a VA Loan Assumption

Lab Coat Agents

While there are military service requirements to originate a new VA loan, almost any buyer can take over an existing VA loan if they meet the lender’s financial qualifications, such as: Sufficient income Good debt-to-income ratio Decent credit score Required down payment funds (which could be substantial if the seller has significant equity) (..)

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