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How a transparent marketplace provides a proven path to benefit homeowners

Housing Wire

One prominent scheme involved unlicensed “short sale facilitators” charging upfront fees to distressed homeowners and often representing “straw buyers” with lowball offers. She will offer to list the home for sale on the MLS if there is enough time before the scheduled auction.

MLS 389
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How Long Does a Short Sale Take? What to Expect When You’re Buying Short

HomeLight

Between searching for, viewing, negotiating , inspecting, and possibly renegotiating on a home, the road to the closing table is rarely a short one. And if the house you’ve landed on is listed as a short sale, you could be in for a long ride. What exactly is a short sale? It’s a long sale.

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Existing home sales fell in June while monthly median sales price spiked

Housing Wire

The good news is that the housing recession that was predicted by some economists has not materialized, noted Lisa Sturtevant, chief economist for Bright MLS. With positive inflation news and a strong labor market, the possibility that the Fed will be able to bring the economy in for a “soft landing” is improving.

Sales 289
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Hit Them With Your Best Shot: How Much to Offer on a Short Sale

HomeLight

But what if it’s a different kind of sale … for example, how much should you offer on a short sale? Enter the short sale : a solution for the seller, and a special opportunity for a buyer. What’s a short sale? Short sales are unique because they require the approval of the seller’s lender.

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Through the eyes of the single-family rental lobby

Housing Wire

This includes time with the National Association of Real Estate Investments Trust and the Urban Land Institute. From 2007 to 2014, institutions accounted for about 2% of homes that were purchased out of foreclosures and short sales, which is out of five million-plus homes.

Investor 399
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Price Reduction in Real Estate: A 5-step Guide for Agents

The Close

Don’t forget to update the listing in your MLS so it will syndicate to Zillow, Realtor.com, and other syndicated sites. Luxury listings have a smaller buyer pool, so they inherently have a longer sales timeline. Commercial real estate and raw land also can take longer to sell than residential real estate. Would that help?

Agents 78
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How to Make Money as a Real Estate Agent: 9 Strategies to Earn More

The Close

These ads direct potential sellers to Market Leader’s landing page and potential buyers to your personally branded, IDX search-enabled site. The company links with an agent’s MLS to provide an up-to-date list of all the expireds and FSBO listings in your area, along with the property owners’ names and telephone numbers.

Agents 105