HomeLight

APRIL 14, 2023

Other closing costs generally incurred by California home sellers include transfer taxes , property taxes, and mortgage loan payoff. Common seller concessions include home warranty, home inspection fees, repair credits, and insurance for earthquakes and other natural disasters. The rate could go from 7% to 6.5%

Closing costs

Real Trends

OCTOBER 16, 2023

This approach is negotiated in the contract; it’s a seller concession to the buyer for a set amount. We’re not competing, and inventory out there is now up for some negotiating on things like pricing, inspection, and rate buydowns. Rate buy-downs are another option I recommend in this market.

Agents

HomeLight

APRIL 17, 2024

Others perform a home inspection while their competitor skips one. Like Opendoor, they typically perform a home inspection before finalizing their offer. They also estimate 1% in seller concessions if you list with them, but there’s no cancellation fee. But beyond this similarity, how do they stack up? Trustpilot : 4.6

Seller concession

HomeLight

FEBRUARY 25, 2022

Life happens, but there are options other than selling to help you build up enough equity in your home before putting it on the market. If you’ve purchased a home within the past five years, you may remember the costs associated with purchasing it, from inspection fees to closing costs. Inspection and repair fees (varies).

Seller concession

HomeLight

SEPTEMBER 10, 2022

You may find other alternatives that are a better fit for your situation, such as: Rent out your home: You might need to sell but don’t have enough equity or money to pay the seller’s fees in order to complete the transaction. Inspection and repair fees (varies). Seller concessions (2% to 6% to financially help the buyer).

Closing costs

HomeLight

SEPTEMBER 30, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot Wisconsin real estate market and a steep rise in equity added extra incentive to maximize profits.

Purchase and sale agreement

HomeLight

DECEMBER 8, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot Washington State real estate market and a steep rise in equity added extra incentive to maximize profits.

MLS

HomeLight

DECEMBER 6, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot Oregon real estate market and a steep rise in equity added extra incentive to maximize profits.

MLS

HomeLight

DECEMBER 6, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot New Jersey real estate market and a steep rise in equity added extra incentive to maximize profits.

Purchase and sale agreement

HomeLight

NOVEMBER 21, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot Louisiana real estate market and a steep rise in equity added extra incentive to maximize profits.

MLS

Redfin

JUNE 28, 2022

Seller concessions. If you haven’t built adequate equity in your home, it may not make financial sense to sell. You can estimate your equity by subtracting what you owe on your home loan from the potential sales price. Landscaping and lawn care. Home staging, photographs, and cleaning services. Potential tax bill.

Staging

HomeLight

OCTOBER 11, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot Michigan real estate market and a steep rise in equity added extra incentive to maximize profits.

Purchase and sale agreement

HomeLight

NOVEMBER 21, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot South Carolina real estate market and a steep rise in equity added extra incentive to maximize profits.

Purchase and sale agreement

HomeLight

NOVEMBER 14, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot New York real estate market and a steep rise in equity added extra incentives to maximize profits.

Purchase and sale agreement

HomeLight

APRIL 13, 2023

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the previously hot Kansas real estate market and a steep rise in equity added extra incentives to maximize profits.

MLS

HomeLight

JULY 12, 2022

Pre-listing inspection, if desired or needed: $279-$400. Seller concessions. Home sales tend to involve several rounds of negotiation between the buyer and seller. Typically, those discussions occur between the initial offer and the signing of the contract , after the inspection and/or after the appraisal.

Seller concession

HomeLight

JULY 25, 2022

Primary reasons for this include lack of equity accumulated in the home and insufficient appreciation – an increase in property value. In a seller’s market , prices typically rise, which could effectively boost equity in your home and increase appreciation. Inspection and repair fees (varies). Seller concessions (2%-6%).

Closing costs

HomeLight

JULY 25, 2022

You can sell a home whenever you want, but expect financial consequences if you have little equity in it. There are a number of reasons for this, including lack of equity accumulated in the home and insufficient appreciation – an increase in property value. You can build equity and lower your tax burden.”.

Closing costs

HomeLight

AUGUST 25, 2020

That means if you sell within those first couple of years, you’ll likely have earned very little home equity. The difference is that with a quick sale, the property hasn’t had much time to appreciate, which means the expenses could cut into (or even obliterate) any equity. Inspection and repair fees (varies).

Principal

HomeLight

APRIL 14, 2023

If you need to sell your house fast in Miami, whether you’ve inherited a property, you’re relocating for work, need to cash out your home’s equity fast, or are looking to put a divorce behind you, the two best strategies are: 1) seek out a cash offer, or 2) work with a top real estate agent. The company has 4.6

Sales

HomeLight

NOVEMBER 10, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot Chicago real estate market and a steep rise in equity added extra incentive to maximize profits.

Purchase and sale agreement

HomeLight

NOVEMBER 21, 2022

A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the hot Nebraska real estate market and a steep rise in equity added extra incentive to maximize profits.

MLS

HomeLight

APRIL 29, 2022

If you list on Opendoor, they generally estimate a 5% service charge, 1% closing costs, and 0%-2% seller concession costs. Seller’s Marketplace : This service allows you to sell your home directly to Realtor.com’s partners. Use your home equity. Tips : Resources for home sellers and homebuyers.

Agents