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16 Tips to Win a Bidding War on a House

The Close

Ensure Your Client Has Loan Pre-approval Many sellers are anxious to get to the closing table quickly, which drives many to cash buyers , even for a lower price. Also, understand the difference between a prequalifying and a pre-approval letter. In fact, I suggest quite the opposite.

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Buyer’s Market vs Seller’s Market: What’s the Difference?

The Close

I know it’s hard to imagine, but consider putting in your buyer’s specific criteria (three bedrooms, a detached garage, and pool) and the MLS returning over a dozen listings in a neighborhood. This means you’ve got a pre-approval in hand and that you understand the importance of being flexible. Your buyers will need to act fast.

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Vital Steps to Take When Purchasing Your First Home

Realty Biz

This documentation will be necessary when applying for a mortgage pre-approval. It's advisable to reach out to multiple lenders and obtain pre-approval. They have access to the Multiple Listing Service (MLS) and can help you find homes that may not be readily available to the public.

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How to Sell a House By Owner in North Carolina

HomeLight

Sellers should also consider things like whether or not their HOA will allow yard signs (many don’t!) or if they can put their house on the multiple listing service (MLS). Not having agent representation could also lead to paying more in seller concessions. When you list in the MLS, you must include a buyer’s commission.

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How to Sell a House by Owner in New Jersey

HomeLight

Not having agent representation could also lead to paying more in seller concessions. Murphy says some New Jersey towns offer full-day pre-K. Only licensed real estate agents and brokers who are MLS members can post to the MLS. Pay an agent to list your home on the MLS. Not willing to pay for the MLS?

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How to Sell a House With a Realtor®, From Home Prep to Closing Day

HomeLight

Few (or zero) repair requests, contingencies , or seller concessions. The buyer’s financial health (mortgage pre-approval, down payment size, etc.). Often, sellers are so comfortable living in their homes that they’re blind to its live-in condition. Communicate through the inspection and appraisal.

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How to Sell a House by Owner in South Carolina: A FSBO Guide

HomeLight

Not having agent representation could also lead to paying more in seller concessions. To give your home the most exposure, pay to have your home put on your local MLS ( multiple listing service ) — a platform agents use to share properties with one another as well as major real estate sites. South Carolina Flat Fee MLS.