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. While sellers in some parts of the U.S. Seller concessions hit a record in February, with 45.6% and nearly double the 25.5%

Seller concession 52

Seller concession Closing costs Sales Mortgages 52

Housing Wire

MARCH 25, 2024

While this may be similar to how agents in some MLSs note that sellers are willing to provide concessions, Papasan made it clear that seller concessions and commissions are not the same thing. Seller concessions is money that is being given by the seller directly to the buyer,” Papasan said.

Purchase and sale agreement 411

Purchase and sale agreement Agents Seller concession MLS 411

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. LenderPulse requests surveys from 24,000 mortgage professionals across the country on market trends and lender opportunities and challenges. from the Midwest, 16.8%

Mortgages 337

Mortgages Loan Officer Marketing Seller concession 337

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

Housing Wire

NOVEMBER 7, 2023

The guilty verdict of the landmark Sitzer/Burnett commission lawsuit case sent shockwaves across the real estate industry. Adding this cost to their side of the transactions would throw the vast majority of them out of the market entirely.” “VA loans are probably the best loans on the market.

VA loan 448

VA loan Agents Seller concession FHA loan 448

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

Easy Agent Pro

SEPTEMBER 5, 2023

In today’s competitive real estate market , bidding wars have become common. Here, we’ll explore several novel yet effective ways of outwitting competition and increasing your chances of successful bidding in competitive markets. Start by researching the current market conditions where you intend to buy a property.

Earnest money deposit 76

Earnest money deposit Seller concession Purchase and sale agreement Pre-approval 76

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

The Close

DECEMBER 14, 2023

Gross commission income (GCI) is the full amount of money a real estate agent may receive in exchange for representing a buyer, seller, or both in a real estate transaction. GCI is generally calculated by multiplying the commission rate by the final sale price. Fill in your final sale price and commission rate below.

Agents 94

Agents Seller concession Brokerage Closing 94

HomeLight

NOVEMBER 1, 2021

Industry experts estimate that sellers can expect to pay anywhere from 6% to 10% of their home’s purchase price in closing costs when it’s time to sell. So if your home sells for $450,000, you could spend anywhere between $27,000 to $45,000 in seller fees. The seller usually pays their closing costs. Appraisal fee.

Closing costs 75

Closing costs Closing Seller concession Purchase and sale agreement 75

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

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

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. Of course you want the sale to go through, but explaining contingencies in a contract reduces stress for home buyers and builds a feeling of trust and good will between you. Concessions.

Seller concession 79

Seller concession Closing costs Inspection Title search 79

Realty Biz

JUNE 26, 2023

The use of cryptocurrencies, particularly Bitcoin, has been surging over the past years in the real estate industry. There Are Fewer Intermediaries Intermediaries play an important role in the formation of the real estate market's microstructure, connecting sellers and buyers. Provide payment to the home seller in Bitcoin.

Seller concession 76

Seller concession Technology Investor As-is 76

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

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

Housing Wire

MARCH 13, 2024

Moreover, the concept remains a central theme of some arguments contained in the plethora of lawsuits that are now carpet bombing the real estate industry. The centerpiece of this concept is the belief that sellers have the time and the money and are willing to spend the requisite amount of both to market their property effectively.

Seller concession 433

Seller concession Agents MLS Sales 433

HomeLight

JULY 14, 2021

We’ve researched all the ways smoking and real estate values intersect and how smoking indoors potentially affects a home sale, talking to experienced real estate agents about the impact of cigarette damage over time, as well as checking in with cleaning professionals on the best ways to de-funk a smoker’s house.

Seller concession 108

Seller concession Agents As-is Staging 108

HomeLight

APRIL 17, 2024

Selling a home the traditional way can be stressful and time consuming, especially in a shifting market. Alternatively, HomeLight can provide an all-cash offer to purchase your home through our Simple Sale platform. Request Offer Editors note: Opendoor and Offerpad provide an option to list your home on the market.

Seller concession 97

Seller concession Inspection Rent back Closing 97

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. The spring homebuying season never happened , housing inventory remained historically low throughout the year, and sales plummeted. Seasonal trends buckled.

Marketing 64

Marketing Mortgages Investor New Construction 64

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. We break down what the cost of a home sale could look like based on the average U.S. Cost to seller.

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 14, 2023

In this guide, we will review the pros and cons of each approach to help you decide which makes the most sense for your home sale. Get a cash offer with HomeLight’s Simple Sale If you want to sell your house fast in Miami, HomeLight’s Simple Sale all-cash offer platform could be the perfect solution. The company has 4.6

Sales 83

Sales Due diligence Agents Closing 83

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

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).

MLS 68

MLS Agents Sales Proof of funds 68

HomeLight

MAY 1, 2023

When the time comes to move, some tenacious homeowners in Mississippi 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).

MLS 75

MLS Agents Sales Mortgage pre-approval letter 75

HomeLight

MARCH 13, 2022

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. Recently, a blazing hot real estate market and steep rise in equity adds extra incentive to maximize profits. FSBO listings statistically sell for less than agent-assisted sales.

MLS 95

MLS Agents Mortgage pre-approval letter Sales 95

HomeLight

MAY 25, 2023

When the time comes to move, some tenacious homeowners in North Carolina 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).

MLS 84

MLS Pre-approval Agents Sales 84

HomeLight

APRIL 27, 2023

When the time comes to move, some tenacious homeowners in Utah 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).

MLS 81

MLS Agents Sales Mortgage pre-approval letter 81

HomeLight

MAY 1, 2023

When the time comes to move, some tenacious homeowners in Maryland 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).

MLS 72

MLS Agents Mortgage pre-approval letter Sales 72

HomeLight

OCTOBER 11, 2022

When the time comes to move, some tenacious homeowners in Iowa are eager to take over the reins of their home sale and figure out how to sell a house by owner. In recent years, the hot Iowa real estate market and a steep rise in equity added extra incentive to maximize profits. That 6% is deducted from the seller’s proceeds at closing.

MLS 98

MLS Purchase and sale agreement Pre-approval Agents 98

HomeLight

NOVEMBER 10, 2022

When the time comes to move, some tenacious homeowners in Chicago are eager to take over the reins of their home sale and figure out how to sell a house by owner. In recent years, the hot Chicago real estate market and a steep rise in equity added extra incentive to maximize profits. Get Estimate.

Purchase and sale agreement 86

Purchase and sale agreement MLS Agents Pre-approval 86

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

NOVEMBER 21, 2022

When the time comes to move, some tenacious homeowners in Louisiana are eager to take over the reins of their home sale and figure out how to sell a house by owner. In recent years, the hot Louisiana real estate market and a steep rise in equity added extra incentive to maximize profits. Get Started.

MLS 86

MLS Agents Sales Land 86

HomeLight

APRIL 27, 2023

When the time comes to move, some tenacious homeowners in Kentucky 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).

MLS 66

MLS Agents Sales Mortgage pre-approval letter 66