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‘Find buyers before agents!’ Mortgage industry reacts to the NAR settlement

Housing Wire

Mortgage pros have closely monitored the commission lawsuit developments since a Kansas City, Missouri jury determined that NAR, HomeServices of America , and Keller Williams conspired to inflate or maintain high commission rates through NAR’s so-called Participation Rule. Assisting homebuyers and their agents adds more to an LO’s plate.

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Buyer’s Market vs Seller’s Market: What’s the Difference?

The Close

In real estate, the market is tied to the basic economic rule of supply and demand, which determines if a market is a buyer’s market vs seller’s market. Sure, certain seasons might have more foot traffic than others, but the housing market could vary drastically from neighborhood to neighborhood.

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17 Tips to Sell Your House in a Down Market

HomeLight

When home prices and mortgage rates fluctuate it can make your head spin, especially if you need to sell a house in a down market. To help you navigate a shifting housing market, we spoke with real estate agent Mari Slobounov, who is a business partner with the top-producing Lynn Holley Real Estate Group in Madison, Wisconsin.

Marketing 101
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Selling FSBO? Tally Your Closing Costs Without a Realtor

HomeLight

Additional closing costs may include any seller concessions, attorney fees, and the buyer’s agent’s commission. Beyond these closing costs, FSBO sellers cover expenses normally included in a listing agent’s commission, such as marketing costs. Seller concessions. See this state by state guide for details.

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Proceeds vs Profit: How Much Will I Make Selling My House?

HomeLight

In recent years, we’ve experienced a seller’s market – and many homeowners have been eager to take advantage of the situation. Census Bureau and the Department of Housing and Urban Development (HUD), new home sales fell 16.6% Census Bureau and the Department of Housing and Urban Development (HUD), new home sales fell 16.6%

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What Costs Are Involved in Selling My House?

HomeLight

Properties typically remained on the market for 16 days, and nearly 90% of homes sold were on the market for less than 30 days. Even though interest rates are rising, inventory is low in many markets. So, the seller’s market is holding, but cooling. no more than $2,500 on repairs and staging. .

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How to Sell a House With a Realtor®, From Home Prep to Closing Day

HomeLight

Meanwhile, your Realtor® has market knowledge. They can recommend key updates , advise you against unnecessary expenses, and market the home based on an expert assessment of local market conditions. Develop a plan to achieve your selling goals. Few (or zero) repair requests, contingencies , or seller concessions.

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