BAM Media

JUNE 24, 2025

Every day, I see buyer agents make the same nine mistakes that kill sales, terminate agreements, and ruin their reputations. If the number in the MLS doesn’t say “cell,” don’t assume it is. Showing Up Unprepared Showing homes without knowing the comps, days on market, or list-to-sale price trends is lazy. Let’s fix that.

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Agents Proof of funds Due diligence MLS 64

The Close

NOVEMBER 7, 2024

Tax liens and auctions: Search for tax lien sales and foreclosure auctions. Do your due diligence on the property, and show up ready to bid. Listing websites: Sites like Zillow, MLS, Realtor.com, and LoopNet list properties for sale.

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Hard money loan Purchase and sale agreement Investor Due diligence 98

HomeLight

JULY 23, 2021

One term you’ll likely hear often during the homebuying process is “MLS,” which stands for multiple listing service. The MLS is a real estate database of all the homes in your area that are currently for sale, pending sale, or have recently been sold, and so much more. How do I know where a home is in the sales process?

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MLS Backup offer Agents Purchase and sale agreement 111

HomeLight

MARCH 30, 2022

Whether you’re an investor looking for a speedy sale so you can move on to your next deal or a homeowner trying to unload a property quickly to avoid financial strain, you’re in search of real estate cash buyers to purchase your house without a lengthy or uncertain process. Reduce the time it takes to close your sale.

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Sales Investor Renovation Due diligence 111

Realty Biz

NOVEMBER 11, 2020

When you begin an online search for a home, you may find some sale statuses you don’t fully understand. It is fairly obvious what is meant when homes have a status of “for sale” or “sold,” but some statuses may not be as clear. For example, if a home sale is contingent or pending, can you still make an offer?

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Backup offer Home sale contingency Sales Earnest money deposit 111

Housing Wire

APRIL 25, 2024

While the quality might not be as high as what you’ll get from a professional Matterport camera, Zillow 3D Home is free, easy to use, and lets you post scroll-stopping virtual tours directly to your MLS, social media and Zillow. Think of it as another concierge service to offer your buyers to help you stand out.

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Agents Commercial Branding Design 426

HomeLight

OCTOBER 5, 2020

But what if it’s a different kind of sale … for example, how much should you offer on a short sale? Enter the short sale : a solution for the seller, and a special opportunity for a buyer. What’s a short sale? Short sales are unique because they require the approval of the seller’s lender.

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Short sale Sales Banks Due diligence 92

HomeLight

NOVEMBER 1, 2021

If you suspect this is the case and have evidence to back it up, you may be able to save the sale if you can convince the appraiser to reconsider. Approximately 9% of home appraisals come in below the sales price. The first step to saving the sale is to request a reconsideration of value (ROV). Reconsideration of value process.

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Sales Purchase and sale agreement VA loan MLS 110

HomeLight

FEBRUARY 26, 2021

These are all items that you may see listed for sale “as is” on sites like Facebook Marketplace or Craigslist. So how do “as is” sales in furniture and retail translate to “as is” sales in real estate? A home inspection is part of a buyer’s due diligence. But not every “as is” home sale falls into that category.

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As-is Sales Inspection Investor 111

HomeLight

DECEMBER 31, 2020

You can put so much effort into prepping your house for sale that you forget what happens after you receive an offer. Putting your John Hancock on a home sale contract might feel like the completion of a major financial deal, but it’s actually just the beginning of the home sale process. What does “sale pending” mean?

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Closing Backup offer Sales Inspection 105

HomeLight

MAY 7, 2024

In 2023, cash sales accounted for 18.7% of all real estate transactions in the city, according to Canopy MLS. Sell Your House Fast in Charlotte With an All-Cash Offer Get an all-cash, no-obligation offer on your Charlotte home through HomeLight’s Simple Sale platform whenever you’re ready. real estate markets.

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Proof of funds Due diligence Investor MLS 111

HomeLight

SEPTEMBER 10, 2022

Say you’re visiting yard sales on a Saturday morning and you come across the perfect wicker patio set, exactly what you’ve been looking for. The sellers may see every contingency as a possible roadblock that could delay or prevent you from completing the sale. An inspection contingency.

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Purchase and sale agreement Home sale contingency Sales Inspection contingency 111

Toronto Realty Blog

MAY 5, 2021

In July 2020, Michael Mitchell and Richard Bowring listed their Mississauga bungalow for sale on the Multiple Listing Service (MLS). After signing the purchase agreement, Lamba learned that the MLS listing and the floor plan gave different areas for the home. The sellers got to keep the deposit. ” Oh, but wait.

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Purchase and sale agreement MLS Due diligence Agents 105

HomeLight

APRIL 30, 2022

and the questions about how to even find a house (do you have to wait until it’s been listed on the MLS, or is there a better way?) — you’re already overwhelmed. Many buyers feel comfortable searching the multiple listing service (MLS) online by way of well-known sites and apps, such as realtor.com, Zillow, and Trulia. Realtor.com.

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Closing MLS Pre-qualification Technology 105

The Close

FEBRUARY 19, 2025

Whether youre a new or experienced real estate investor, you may have asked, What is a real estate short sale? The simple answer is that a short sale is when a homeowner owes more for their home than its current market value and puts it up for sale. What Happens in a Real Estate Short Sale? Lets begin!

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Short sale Sales Due diligence Purchase and sale agreement 52

Realty Biz

JUNE 27, 2023

They act as a liaison between the seller and potential buyers, working diligently to ensure a smooth and successful sale. They conduct a comparative market analysis (CMA) , which involves analyzing recent sales data of similar properties in the area.

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Agents Due diligence Closing Sales 89

Rochester Real Estate

NOVEMBER 5, 2015

The MLS is the chief source of how information gets transmitted between a seller and a buyer. The MLS, via a feed will send all of the properties for sale to all the most popular websites that buyers look at homes. This will undoubtedly lead to an appraisal gap that could cause issues with the sale.

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Due diligence Agents MLS Sales 52

Realty Biz

FEBRUARY 24, 2021

MLS : A Multiple Listing Service (or MLS) is like a realtor’s database, where multiple real estate agents offer both homes and land for sale to each other. Unlike the pocket listing, a property offered on the MLS is there because the owner wants to sell. Your realtor can set up a search for you on the MLS system.

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Land Loans MLS Finance 122

HomeLight

SEPTEMBER 30, 2020

Durham says that in Georgia, foreclosures must be advertised for four weeks leading up to the sale. “If The title’s been checked out, you can go inside the house and look at it and do all your due diligence. With the courthouse steps [auction], you literally do no due diligence.”. Source: (Antenna / Unsplash).

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Due diligence Hard money loan Finance Banks 98

Marco Santarelli

FEBRUARY 1, 2023

When a real estate housing market crashes , there are so many foreclosure and bank REO sales, figuring out the real value of a property can be difficult. When there is a large supply of properties available for sale in the housing market, it can be challenging to determine the true value of a specific property.

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Marketing MLS Due diligence Sales 96

HomeLight

DECEMBER 7, 2021

Honolulu belongs to the Oahu Multiple Listing Service (MLS), which consists of 12 regions or districts. And to make matters even more complicated, each of the MLS regions is further divided into multiple neighborhoods. The Oahu MLS is very restrictive in its features for describing the home.

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Inspection MLS Due diligence Land 96

Real Trends

MARCH 3, 2022

These fields might include: offer date/time, acceptance date/time, sales price, contingencies/dates (inspection, appraisal, due diligence, title, closing), post-occupancy dates/terms, etc. No one should find out that their offer wasn’t accepted by seeing the status update to pending on the MLS. So not cool.

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Agents Due diligence Inspection Rent back 104

Realty Biz

APRIL 12, 2021

What to Know About Over 55 Housing Sales. Research some recent sales of houses that compare with your property in size, number of bathrooms, garage, and square footage. They find “comps” by using the MLS database to pin down your property’s value. Selling For Sale By Owner in a Retirement Community.

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Due diligence Sales Agents As-is 101

HomeLight

FEBRUARY 4, 2022

Source: (LinkedIn Sales Solutions / Unsplash). Guide you through the steps of due diligence and inspections. Coordinate with the closing attorney and seller’s agent to finalize the sale. … Let’s take a closer look at 11 reasons why you should definitely hire a real estate agent. An agent is your advocate. And lots more!

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Agents Purchase and sale agreement Due diligence Inspection 115

HomeLight

DECEMBER 13, 2022

When the time comes to move, some tenacious homeowners in Virginia are eager to take over the reins of their home sale and figure out how to sell a house by owner. With millions of homes sold each year, a modest portion of sellers — about 7% in 2021 and 10% in 2022 — choose to list “For Sale By Owner” (or FSBO — pronounced fizz-bow).

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Purchase and sale agreement MLS Agents Sales 105

HomeLight

AUGUST 16, 2021

REOs for short, these kinds of sales expose buyers to a lot of potential risk. But they also provide a lot of opportunity for big return on investment, too — much bigger, and faster, than you might expect with many traditional sales. What is an REO sale? In the market for a “ real estate owned” property ? Source: (Andre W.

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Banks Pre-qualification Investor Short sale 105

HomeLight

OCTOBER 1, 2022

When the time comes to move, some tenacious homeowners in Ohio are eager to take over the reins of their home sale and figure out how to sell a house by owner. With millions of homes sold each year, a modest portion of sellers — about 7%-8% , historically — choose to list “For Sale By Owner” (or FSBO — pronounced fizz-bow).

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MLS Pre-approval Agents Sales 111

HomeLight

MARCH 19, 2022

Unfortunately, too many homeowners fail to do the same due diligence when hiring the Realtor ® who’ll help them sell their most valuable asset. An above-average sale-to-list price ratio (meaning they on average fetch more for their sellers than their peers). They want to make sure you’re doing your due diligence!

Closing 105

Closing Due diligence Agents Staging 105

HomeLight

APRIL 30, 2021

It pulls in a bunch of details about nearby properties of a similar size and style that have recently sold in your area, and uses their sale prices as a benchmark when setting your home’s list price. Sales history and value adjustments over the years. Median sale price vs. sales volume. Highlights and features (i.e,

Agents 100

Agents Marketing Due diligence Sales 100

HomeLight

DECEMBER 6, 2022

When the time comes to move, some tenacious homeowners in Oregon are eager to take over the reins of their home sale and figure out how to sell a house by owner. With millions of homes sold each year, a modest portion of sellers — about 7% in 2021 and 10% in 2022 — choose to list “For Sale By Owner” (or FSBO — pronounced fizz-bow).

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MLS Agents Sales Inspection 105

HomeLight

APRIL 26, 2023

When the time comes to move, some tenacious homeowners are eager to take over the reins of their home sale and figure out how to sell a house by owner in Alabama. With millions of homes sold each year, a modest portion of sellers — about 7% in 2021 and 10% in 2022 — choose to list “For Sale By Owner” (or FSBO — pronounced fizz-bow).

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MLS Agents Sales Proof of funds 97

HomeLight

DECEMBER 8, 2022

When the time comes to move, some tenacious homeowners in Washington State are eager to take over the reins of their home sale and figure out how to sell a house by owner. With millions of homes sold each year, a modest portion of sellers — about 7% in 2021 and 10% in 2022 — choose to list “For Sale By Owner” (or FSBO — pronounced fizz-bow).

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MLS Agents Sales Inspection 105

HomeLight

NOVEMBER 23, 2022

When the time comes to move, some tenacious homeowners in West Virginia are eager to take over the reins of their home sale and figure out how to sell a house by owner. With millions of homes sold each year, a modest portion of sellers — about 7% in 2021 and 10% in 2022 — choose to list “For Sale By Owner” (or FSBO — pronounced fizz-bow).

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MLS Agents Sales Closing 104

HomeLight

AUGUST 24, 2022

Looking to connect with a Florida cash home buyer for a quick sale in the Sunshine State? HomeLight’s Simple Sale platform provides all-cash offers, giving clients a fast, stress-free home selling experience without having to worry about additional repairs or prep work and with no additional fees, commissions, or upfront costs.

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Purchase and sale agreement Title search Proof of funds Title 111

Marco Santarelli

AUGUST 17, 2020

Instead, we’re going to focus on the best real estate websites that make it easier to perform due diligence when researching properties and simplify the process of finding, vetting, and managing tenants. ® offers a comprehensive list of for-sale properties, as well as the information and tools to make informed real estate decisions.

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Purchase and sale agreement Land Investor MLS 115

HomeLight

FEBRUARY 18, 2022

Maybe you remodeled the kitchen and want to get that money back in the sale, or, you’re planning on funding part of your retirement with your sale proceeds. They claim that because they’re paid less, you make more on the sale. Home Sale Price . Often, this means that they have less time to devote to each sale.

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Agents Purchase and sale agreement Sales Due diligence 111

HomeLight

DECEMBER 6, 2022

When the time comes to move, some tenacious homeowners in New Jersey are eager to take over the reins of their home sale and figure out how to sell a house by owner. With millions of homes sold each year, a modest portion of sellers — about 7% in 2021 and 10% in 2022 — choose to list “For Sale By Owner” (or FSBO — pronounced fizz-bow).

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Purchase and sale agreement MLS Pre-approval Agents 103