The Close

FEBRUARY 20, 2024

Competition is lower for a home, and the number of days on market increases for listings. A buyer’s market can be determined by calculating the months of inventory. Anything more than six months is traditionally considered a buyer’s market. In this scenario, sellers have the upper hand in negotiations.

Marketing 93

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

HomeLight

DECEMBER 2, 2021

Cost to seller. Seller concessions. Home pre-inspection. But in Texas, the seller customarily pays for the owner’s policy while the buyer pays for the lender’s policy. Seller concession. If the buyer finances the home purchase, their lender typically caps seller concessions.

Seller concession 111

Seller concession Staging Inspection Renovation 111

HomeLight

SEPTEMBER 27, 2022

Nevertheless, Gina Candelario , a top agent who works with 78% more single-family homes than the average San Antonio, Texas, agent, says sales are good and it’s still a seller’s market. Pre-listing inspection, if desired or needed: $279 to $400. Seller concessions. Seller concessions. $0-$19,500.

Seller concession 68

Seller concession Closing costs Homeowner’s association Title 68

HomeLight

FEBRUARY 8, 2023

Escrow fees: In many cases, the seller is expected to cover some of the fees paid to the third-party escrow company that is holding the buyer’s earnest money between contract and closing. This is typically 1%-2% of the sale price, and is negotiable between the buyer and seller.

Purchase and sale agreement 83

Purchase and sale agreement Inspection Investor Agents 83

HomeLight

APRIL 11, 2023

Similar to any market, there are a few things to look for when shopping for a home in Arizona that might land you a sweet discount on the upfront purchase. Look for homes being sold ‘as is’ These are homes priced based on their current conditions, and where the seller doesn’t wish to make any repairs or updates as part of the sales agreement.

Purchase and sale agreement 82

Purchase and sale agreement Agents Seller concession Inspection 82

HomeLight

JULY 25, 2022

Prep, staging, closing costs, inspections, real estate commissions, and other fees associated with selling your home add up. Inspection and repair fees (varies). Seller concessions (2%-6%). You’ll need a knowledgeable agent familiar with your market to help guide you. Expect to pay 9%-10% of the sale price.

Closing costs 91

Closing costs Equity Short sale Agents 91

HomeLight

JULY 25, 2022

Use a top agent to price it right: Pricing your home to sell may reduce the number of days on market (DOM) and allow you to cut your losses. You’ll need a knowledgeable agent familiar with your market to help guide you. Inspection and repair fees (varies). Seller concessions (2%-6%). Overlap costs (1%-2%).

Closing costs 88

Closing costs Equity Short sale Sales 88