Housing Wire
DECEMBER 8, 2023
Educate your clients about financing While many homebuyers can benefit from a 30-year, fixed-rate conventional mortgage , other borrowers might need access to other loan programs with more lenient guidelines. There are other ways to find inventory rather than just using your MLS. Online and offline resources are at your fingertips.
The Close
FEBRUARY 14, 2024
After all, a new listing on the MLS gets the most attention in the first week. Selling a home is the same—it’s not just a sign in the yard and a posting on the MLS. If a buyer loves the home but has no way financially to prove that they 1) are serious about a purchase and 2) can finance it, then you’ll need to send them to a lender.
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Realty Biz
SEPTEMBER 28, 2022
Most buyers don’t usually have a large amount of money, so they often use their banks’ financing to help them buy homes. Investors who purchase homes for cash often do so because they can avoid paying fees associated with traditional mortgage financing. Experienced Have a track record Have proof of funds.
HomeLight
OCTOBER 20, 2022
You’ll get the widest audience exposure by listing your home on the MLS (multiple listing service). Since only licensed real estate agents can list on the MLS, you’ll have to contract with one to do it for you, or choose one of the paid FSBO websites ( flat fee MLS service ) that allow you to list your house online.
HomeLight
AUGUST 24, 2022
However, this buyer needs a mortgage to finance the deal, and that can take months. There are plenty of reasons to have a real estate agent in your corner — visibility in the MLS , help with stagings and showings, assistance with negotiations and contracts, to name just a few — and now you can add sourcing a cash buyer to the list.
HomeLight
SEPTEMBER 30, 2020
You’re finally ready to purchase a home and after doing some research online, you think that exploring your options around how to buy a HUD Home might be a good fit for your lifestyle and finances. The HUD Home Store site is updated more frequently, while you may still see HUD properties on the MLS that are no longer available.
HomeLight
APRIL 26, 2023
When you list in the MLS, you must include a buyer’s agent commission. If you choose not to list in the MLS so you can forgo the buyer’s agent commission, you’ll seriously limit the exposure your home will get. Only licensed real estate agents and brokers who are MLS members can post to the MLS.
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