Housing Wire

APRIL 12, 2023

With the mortgage industry still rightsizing, mortgage professionals are worried about regulation of the industry and inflation that thins already tiny margins. of the surveyed mortgage professionals said loans falling through was the biggest challenge, ranking as the second most challenging factor. About 19.4%

Mortgages 337

Mortgages Loan Officer Marketing Seller concession 337

Real Trends

APRIL 11, 2023

Agents, has the fluctuating market made it more difficult to close deals this past year? As Realtors, we had to think creatively to help our sellers sell their homes. To think outside the box, some Realtors began using seller concessions. You are certainly not alone. In some areas of the U.S., In some areas of the U.S.,

Seller concession 72

Seller concession Closing costs Purchase and sale agreement Inspection contingency 72

Housing Wire

OCTOBER 21, 2022

In times as tough as these, mortgage lenders must be proactive in borrower outreach and find consumers’ home finance needs if they’re going to close a deal, a new report by mortgage relationship data company Sales Boomerang concludes. Lender roadmap: Driving success in a difficult market.

Seller concession 365

Seller concession Mortgages Loans Finance 365

Broke Agent Media

MAY 31, 2023

of home sales during the three months ending April 30 involved seller concessions—just under February’s record high of 45.6% While sellers in some parts of the U.S. are offering freebies to attract buyers, thanks to the dampening effect of high mortgage rates, sellers in markets with severe housing shortages don’t need to.

Seller concession 52

Seller concession Closing costs Sales Mortgages 52

Housing Wire

NOVEMBER 7, 2023

The guilty verdict of the landmark Sitzer/Burnett commission lawsuit case sent shockwaves across the real estate industry. In the aftermath, one of the most contentious issues in the minds of mortgage professionals is how the ruling might affect FHA and VA mortgage borrowers. points from the 7.5%

VA loan 448

VA loan Agents Seller concession FHA loan 448

Housing Wire

OCTOBER 27, 2022

Mortgage rates have surged firmly above the 7% mark, making alternatives such as temporary rate buydowns and down payment assistance programs more popular, according to loan officers. Temporary rate buydowns are not new, but tend to receive more attention when rates surge, according to industry experts.

Mortgages 372

Mortgages Fixed-rate mortgage Loan Officer Seller concession 372

Broke Agent Media

MARCH 28, 2023

metros with housing markets that have cooled down the fastest from February 2022 to February 2023. Housing markets in tech hubs and pandemic hotspots are cooling the fastest this year, while markets in Connecticut, New York and areas in the Midwest are holding up the best. Is your market heating up or slowing down this spring?

Seller concession 98

Seller concession Marketing Sales Industrial 98

Broke Agent Media

MARCH 18, 2023

There’s an immense amount of real estate news and data to sift through every week—not to mention the trends that are happening in your local market. That’s why BAM started the Hot Sheet —to break down the last 24 hours’ worth of news in the industry every morning the markets are open. But we couldn’t leave it off a weekly recap.

Seller concession 98

Seller concession Banks Mortgages Industrial 98

Broke Agent Media

JANUARY 13, 2023

Next up was the favorable jobs report and the Fed’s less than bullish response to it, followed by openly bearish Goldman Sachs projections and the increase in seller concessions. . Tune in to hear advice from both on what agents should be doing to prepare sellers and keep their clients well-informed. 14:17 Concessions are up.

Seller concession 52

Seller concession Mortgages Agents Industrial 52

The Close

FEBRUARY 20, 2024

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.

Marketing 91

Marketing Debt-to-income ratio MLS Pre-approval 91

Real Trends

JANUARY 2, 2023

Real estate is a roller coaster for most agents: tough market conditions, personnel issues and fierce competition can leave any agent or other entrepreneur feeling defeated. An increasing number of agents are exiting the industry because of these roller coaster conditions. What’s ahead in 2023. People still have to live somewhere.

Seller concession 99

Seller concession Agents Mortgages Equity 99

Housing Wire

FEBRUARY 2, 2024

With ongoing liquidity challenges and a continuing lag in Home Equity Conversion Mortgage (HECM) case numbers, reverse mortgage business in 2024 started off with a bit of a whimper. There’s always been a seasonality to the industry where the holidays are significantly slower than immediately before and after.”

Mortgages 376

Mortgages Seller concession Loans Finance 376

Realty Biz

JUNE 26, 2023

You can transact Bitcoin directly with the seller, qualify for a mortgage, or convert your crypto holdings into cash. The use of cryptocurrencies, particularly Bitcoin, has been surging over the past years in the real estate industry. Use Your Bitcoin as Collateral for A Mortgage.

Seller concession 76

Seller concession Technology Investor As-is 76

Real Trends

JULY 11, 2022

The real estate market is red hot, and with prices to match, you’ll need to provide concrete support for any offer that is made. Concessions. You are your customer’s best advocate when it comes to evaluating seller concessions. Private mortgage insurance. Mortgage preapproval.

Seller concession 79

Seller concession Closing costs Inspection Title search 79

RIS Media

FEBRUARY 28, 2022

Market conditions from October through December, along with record-low inventory, presented a challenge for iBuyers, whose value proposition is speed, certainty and convenience to home sellers. national market share, compared with about 14,000 in 2020, when the pandemic temporarily paused iBuying—a 5x increase.

Seller concession 95

Seller concession Loan contingency Mortgages Loans 95

Realty Biz

DECEMBER 5, 2022

The crazy hot seller's market forced many home buyers into forgoing their inspection. Things are starting to change in many real estate markets around the country. Instead of markets dramatically favoring sellers, they are becoming more balanced. Most of The Time, Having The Seller Make Repairs is a Mistake.

Inspection 137

Inspection Earnest money deposit Purchase and sale agreement Inspection contingency 137

RIS Media

FEBRUARY 17, 2022

Despite one of the most robust seller markets in real estate on record, with homes selling “faster than you ever thought possible,” iBuyers registered a breakout year in 2021, increasing business fivefold year-over-year according to a new report from zavvie. “Yet iBuyers had a breakout year,” he added.

Seller concession 98

Seller concession Loan contingency Mortgages Loans 98

Housing Wire

JANUARY 13, 2023

Going from a volatile rate environment in the latter half of 2022 to a market with lower, more stabilized rates, there’s optimism spreading across the industry that buyers will come back. Lower production volume means cutting staff and restructuring to better focus on the purchase market, Cohen said.

Pre-approval 389

Pre-approval Marketing Seller concession Mortgages 389

Redfin

DECEMBER 27, 2023

18 housing trends that defined the year, including record mortgage rates, depleted inventory, and dwindling home sales 2023 was a difficult year for the housing market. In short: Record mortgage rates, high inflation, and persistently high housing and rental prices. Seasonal trends buckled. So what happened? year over year.

Marketing 63

Marketing Mortgages Investor New Construction 63

HomeLight

APRIL 17, 2024

Selling a home the traditional way can be stressful and time consuming, especially in a shifting market. Request Offer Editors note: Opendoor and Offerpad provide an option to list your home on the market. They also estimate 1% in seller concessions if you list with them, but there’s no cancellation fee.

Seller concession 97

Seller concession Inspection Rent back Closing 97

HomeLight

DECEMBER 2, 2021

Keep in mind that fees may vary widely based on your location, market conditions, and whether your home requires repairs before selling. We detail what costs you’re likely to incur and what sellers pay on average. Sample seller expenses for a $453,300 house. Cost to seller. Seller concessions.

Seller concession 112

Seller concession Staging Inspection Renovation 112

HomeLight

APRIL 11, 2023

We talked to Colorado real estate agent Johnna Hall , who works with over 79% more single-family homes than the average agent in her Aurora market. Find a Top-Rated Colorado Buyer's Agent HomeLight can connect you with top agents in your selected Colorado market. from February 2022.

Fixed-rate mortgage 86

Fixed-rate mortgage Seller concession Agents Sales 86

HomeLight

APRIL 11, 2023

For this reason, many industry publications will advise that you buy in January or February for a better price. This is when many local markets tend to slow down a bit and homes are more likely to be offered at a slight discount. In this unique market, the best time to buy a house ultimately depends on your move timeline and goals.

Purchase and sale agreement 83

Purchase and sale agreement Agents Seller concession Inspection 83

HomeLight

SEPTEMBER 10, 2022

Of course, the biggest question on your mind is: Has the housing market held strong enough to actually see your home appreciate in value so you won’t lose money? Wiggs is an expert in the industry, working with 70% more single-family homes than the average Yonkers area agent. Our market is shifting a little bit, right?

Closing costs 92

Closing costs Agents Seller concession Closing 92

HomeLight

APRIL 26, 2023

We’ll also provide a comprehensive overview of the full process to prep, market, and close on your home without the assistance of a real estate agent. If you don’t have the time or expertise to list your home FSBO, partner with a trusted, top agent in your Alabama market. less than agent-marketed sales.

MLS 68

MLS Agents Sales Proof of funds 68

HomeLight

APRIL 27, 2023

We’ll also provide a comprehensive overview of the full process to prep, market, and close on your home without the assistance of a real estate agent. If you don’t have the time or expertise to list your home FSBO, partner with a trusted, top agent in your Utah market. less than agent-marketed sales.

MLS 81

MLS Agents Sales Mortgage pre-approval letter 81

HomeLight

MAY 25, 2023

We’ll also provide a comprehensive overview of the full process to prep, market, and close on your home without the assistance of a real estate agent. If you don’t have the time or expertise to list your home FSBO, partner with a trusted, top agent in your North Carolina market. less than agent-marketed sales.

MLS 84

MLS Pre-approval Agents Sales 84

HomeLight

MARCH 13, 2022

Recently, a blazing hot real estate market and steep rise in equity adds extra incentive to maximize profits. We’ll also provide a comprehensive overview on the full process to prep, market, and close on your home without the assistance of a real estate agent. less than agent-marketed sales. As you can see, FSBO is a mixed bag.

MLS 95

MLS Agents Mortgage pre-approval letter Sales 95

HomeLight

MAY 1, 2023

We’ll also provide a comprehensive overview of the full process to prep, market, and close on your home without the assistance of a real estate agent. If you don’t have the time or expertise to list your home FSBO, partner with a trusted, top agent in your Mississippi market. All house sales require marketing.

MLS 75

MLS Agents Sales Mortgage pre-approval letter 75

HomeLight

MAY 1, 2023

We’ll also provide a comprehensive overview of the full process to prep, market, and close on your home without the assistance of a real estate agent. If you don’t have the time or expertise to list your home FSBO, partner with a trusted, top agent in your Maryland market. less than agent-marketed sales.

MLS 72

MLS Agents Mortgage pre-approval letter Sales 72

HomeLight

DECEMBER 6, 2022

In recent years, the hot New Jersey real estate market and a steep rise in equity added extra incentive to maximize profits. As the market shifts, you may have new concerns about how much you can get for your home and the amount of your net proceeds. less than agent-marketed sales. As you can see, FSBO is a mixed bag.

Purchase and sale agreement 78

Purchase and sale agreement MLS Pre-approval Agents 78

HomeLight

APRIL 13, 2023

In recent years, the previously hot Kansas real estate market and a steep rise in equity added extra incentives to maximize profits. As the market shifts, you may have new concerns about how much you can get for your home and the amount of your net proceeds. less than agent-marketed sales. Marketing your home is time-consuming.

MLS 86

MLS Agents Sales Mortgage pre-approval letter 86

HomeLight

NOVEMBER 10, 2022

In recent years, the hot Chicago real estate market and a steep rise in equity added extra incentive to maximize profits. As the market shifts, you may have new concerns about how much you can get for your home and the amount of your net proceeds. less than agent-marketed sales. Marketing your home is time-consuming.

Purchase and sale agreement 86

Purchase and sale agreement MLS Agents Pre-approval 86

HomeLight

OCTOBER 11, 2022

In recent years, the hot Iowa real estate market and a steep rise in equity added extra incentive to maximize profits. As the market shifts, you may have new concerns about how much you can get for your home and the amount of your net proceeds. In the midwest, we don’t see the appreciation jump as high as in bigger markets.

MLS 98

MLS Purchase and sale agreement Pre-approval Agents 98

HomeLight

APRIL 27, 2023

We’ll also provide a comprehensive overview of the full process to prep, market, and close on your home without the assistance of a real estate agent. If you don’t have the time or expertise to list your home FSBO, partner with a top agent in your Kentucky market. less than agent-marketed sales.

MLS 66

MLS Agents Sales Mortgage pre-approval letter 66

HomeLight

NOVEMBER 21, 2022

In recent years, the hot South Carolina real estate market and a steep rise in equity added extra incentive to maximize profits. As the market shifts, you may have new concerns about how much you can get for your home and the amount of your net proceeds. less than agent-marketed sales. As you can see, FSBO is a mixed bag.

Purchase and sale agreement 76

Purchase and sale agreement MLS Pre-approval Agents 76

HomeLight

NOVEMBER 21, 2022

In recent years, the hot Louisiana real estate market and a steep rise in equity added extra incentive to maximize profits. As the market shifts, you may have new concerns about how much you can get for your home and the amount of your net proceeds. less than agent-marketed sales. As you can see, FSBO is a mixed bag.

MLS 86

MLS Agents Sales Land 86