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What Is an Appraisal Gap? How It Works and What Buyers Should Know

Redfin

Cleanliness and staging don’t officially impact value, but a well-kept home can leave a better impression. In contrast, properties near busy roads, industrial areas, or those with limited access to local conveniences may appraise for less. >>Read: Appraisal gap FAQs How do you cover an appraisal gap without cash?

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Top Frequently Asked Questions From Home Sellers

Rochester Real Estate

This certainly is due to the fact that selling a home isn’t a process that is practiced regularly by home owners and also that rules, regulations, and the industry change on a daily basis. The top frequently asked questions from home sellers begin to accumulate before even starting the home selling process.

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‘Find buyers before agents!’ Mortgage industry reacts to the NAR settlement

Housing Wire

Loan officers and mortgage executives expect home sellers and homebuyers to negotiate more aggressively on commission paid to buyer agents, potentially bringing costs down. Consequently, mortgage industry executives believe buyers will pay agents out of pocket or ask sellers to pay their agent fees through concessions.

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Game of chicken: Private MLSs stare down DOJ over settlement terms

Housing Wire

REsides, an independently owned MLS based in South Carolina, has a similar comment box that can be used for seller concessions. The DOJ isn’t the only remaining legal threat to the real estate industry. Defendants in the Batton cases, both of which are in the pretrial stage , have filed motions to dismiss.

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

HomeLight

We detail what costs you’re likely to incur and what sellers pay on average. Kentucky-based Dianna Caldwell , a seasoned agent with 16 years of industry experience under her belt, gave us a rundown of seller costs and what homeowners should budget before they sit down to the closing table. Seller concessions.

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Does Smoking Inside a Home Affect Its Value? Should You Still Buy It?

HomeLight

The house looks clean and is staged well, but it has a persistent cigarette odor that seems to have seeped into the walls. Agent Jessica Smith , who is based in Alabama and has more than seven years’ experience in the industry, says that motivated sellers will take care of the smoke problem before they put the house on the market. “If

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

HomeLight

They also offer a home listing option for home sellers. If you sell to them, you can skip making repairs, cleaning your home, and keeping it clean for showings, and staging. They offer a quick closing process designed to suit home sellers who need a fast transaction or just don’t want to be bothered with the fuss of listing.