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 95

Marketing Debt-to-income ratio MLS Pre-approval 95

HomeLight

DECEMBER 2, 2021

Seller concessions. Home staging and preparation. But in Texas, the seller customarily pays for the owner’s policy while the buyer pays for the lender’s policy. Seller concession. Agreeing to pay 2% toward a buyer’s closing costs on a $450,000 home sale would result in a $9,000 seller concession.

Seller concession 109

Seller concession Staging Inspection Renovation 109

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 67

Seller concession Closing costs Homeowner’s association Title 67

HomeLight

JULY 25, 2022

Deduct your outstanding mortgage balance and any costs of selling you incurred (such as real estate commission, closing costs, title fees, repairs, prep, and staging). Prep, staging, closing costs, inspections, real estate commissions, and other fees associated with selling your home add up. Seller concessions (2%-6%).

Closing costs 89

Closing costs Equity Short sale Agents 89

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 81

Purchase and sale agreement Inspection Investor Agents 81

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. Seller concessions (2%-6%). Just be sure to set a reserve price. Overlap costs (1%-2%).

Closing costs 86

Closing costs Equity Short sale Sales 86

HomeLight

APRIL 14, 2023

This process takes away the stress and uncertainty that comes with listing your home traditionally and dealing with buyers who come with contingencies and want seller concessions. HomeLight Simple Sale closing, for example, can take as little as 10 days. HomeLight was founded in 2012 and is BBB accredited with an A+ rating.

Sales 80

Sales Due diligence Agents Closing 80