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 91

Marketing Debt-to-income ratio MLS Pre-approval 91

HomeLight

DECEMBER 2, 2021

Seller concessions. Home staging and preparation. Major home repairs and renovations. Having your home in the best condition possible when you go on the market is the most important thing,” stresses Caldwell. The same mindset applies to renovations. Seller concession. Percentage of home value.

Seller concession 115

Seller concession Staging Inspection Renovation 115

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. What are common expenses for home sellers in Texas? Staging: $78 to $109 per hour , or about $7,765 for a 2,000-square-foot home.

Seller concession 71

Seller concession Closing costs Homeowner’s association Title 71

HomeLight

FEBRUARY 8, 2023

Repair, renovation, and staging costs: These will vary widely based on the condition of the property. Seller concessions: Depending on whether issues are found during the home inspection process, the seller may have to come up with funds at closing to cover any necessary repairs.

Purchase and sale agreement 87

Purchase and sale agreement Inspection Investor Agents 87

HomeLight

JULY 25, 2022

Age does not necessarily detract from your home’s worth, as long as quality materials and building practices were used and the home has been renovated or at least properly maintained. Prep, staging, closing costs, inspections, real estate commissions, and other fees associated with selling your home add up. Seller concessions (2%-6%).

Closing costs 95

Closing costs Equity Short sale Agents 95

HomeLight

JULY 25, 2022

Age does not necessarily detract from your home’s worth, as long as quality materials and building practices were used and the home has been renovated or at least properly maintained. 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.

Closing costs 92

Closing costs Equity Short sale Sales 92