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Agent strategies for getting first-time homebuyers across the finish line

Housing Wire

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.

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Agent strategies for getting first-time homebuyers across the finish line

Real Trends

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 99
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Fees and Costs Associated With Selling a House in 2023

HomeLight

But in focusing on the equity portion, people are often surprised to learn how much it costs to sell a house in the U.S. Decluttering can be done for the cost of sweat equity, though some sellers may need to anticipate costs for junking and storage. You shouldn’t have to pay any fees for the inspection itself.

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A Guide On How To Sell Your House Fast

Redfin

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.

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Opendoor vs Offerpad: How Do These Homebuying Companies Match Up?

HomeLight

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

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How Much Should I Budget to Sell My House? Here’s the Average Cost

HomeLight

Cost to seller. Seller concessions. Home pre-inspection. According to Caldwell, today’s buyers look for turnkey homes, not sweat equity. But in Texas, the seller customarily pays for the owner’s policy while the buyer pays for the lender’s policy. Seller concession. Home inspection.

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How Much Are Closing Costs in California?

HomeLight

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%