Toronto Realty Blog

FEBRUARY 20, 2025

In order to build a condominium in Ontario, the developer will pre-sell units, that don’t yet exist, and when a certain threshold is met (ie. But practically, she had paid about $1,700 per square foot for the condo in pre-construction several years ago, and the condo wasn’t worth anywhere near that today. Technically.

Development

Redfin

APRIL 4, 2025

Whether you’re selling a home in Denver, CO or a condo in Phoenix, AZ , a pre-listing appraisal can provide an accurate estimate of your homes value before it hits the market. What is a pre-listing appraisal? A pre-listing appraisal is a professional estimate of your homes value, completed before you put it on the market.

Pre-approval

BAM Media

JUNE 24, 2025

If the number in the MLS doesn’t say “cell,” don’t assume it is. Instead, come prepared with a printed itinerary, MLS sheets, and bullet-point notes. They don’t read the MLS instructions. If the MLS says “Include pre-approval and buyer financials,” don’t just send over an agreement with nothing attached.

Agents

Lab Coat Agents

MAY 15, 2025

home listings are well below where they were pre-pandemic. Instead of relying on the MLS alone, explore off-market opportunities. probate attorneys, divorce lawyers, and financial advisors), and scouring public records for owners of pre-foreclosure and tax-delinquent properties. However, active U.S.

Pre-approval

Inman

JULY 30, 2025

We've all been new at some point in our real estate careers. Annette DeCicco shares ways to spot an inexperienced agent if you're the more seasoned pro in a transaction, and mistakes to avoid if you're a newbie.

Agents

Rochester Real Estate

NOVEMBER 5, 2015

Delayed showings involve listing a property on MLS but postponing visits for a certain period. Instead of immediately allowing showings after listing a property on the Multiple Listing Service (MLS), the listing or seller’s agent strategically delays visits for a predetermined period, typically 3 to 7 days.

MLS

Rochester Real Estate

NOVEMBER 5, 2015

The first step to buying a house in New York is to assess your financial readiness and get pre-approved for a mortgage. Realtors excel at researching properties using the Multiple Listing Service (MLS). Navigating the Mortgage Approval Process Securing a mortgage is a vital step in buying a house.

Purchase and sale agreement

Redfin

JUNE 17, 2025

Time to prepare: a bumpable status gives you a window to get pre-approved and prepare a strong offer. Submit a pre-approval letter: Show sellers you’re financially ready and serious by including a pre-approval with your offer. How can I tell if a home is bumpable?

Backup offer

HomeLight

JULY 29, 2025

Fast facts about selling a house ‘as is’ in Kentucky Median sales price in Kentucky $285,000 Average days on market (DOM) for Kentucky 13 days Disclosures Kentucky law requires sellers to disclose material facts about the property through the Kentucky Sellers Disclosure of Property Condition MLS has a field to mark a listing “as is”?

As-is

Luxury Real Estate Blog

JULY 7, 2025

Realtor.com Zillow MLS Homes.com LuxuryRealEstate.com Leading Real Estate Companies Of The World Mayfair International Realty Top 10 Real Estate FAQs: Who is the top realtor in Atlanta? Begin by scheduling a consultation to determine your needs, goals, and pre-approval status. How do I start the home buying process?

Pre-approval

AAOA

MAY 5, 2025

These homes are typically under foreclosure, in pre-foreclosure, or have already been repossessed by a lender or bank. This can be a win-win for investors and sellers, but it often requires you to negotiate and get approval from your lender quickly. What is a Distressed Property? But what actually makes a property distressed?

Bankruptcy

Marco Santarelli

FEBRUARY 8, 2025

Lisa Sturtevant , the chief economist at Bright MLS, highlighted the “mixed bag” aspect of the report. He said that the job market remains reasonably strong, noting that job growth over the past three months has averaged a gain of 237,000 , which is likely above what can be sustained for the whole year.

Mortgages

Housing Wire

NOVEMBER 20, 2023

Savvy sellers are consumers who will choose to have a seller agent complete a basic MLS listing, then take the process into their own hands by fielding orders directly from buyers rather than give 3% to have offers brought to them. Smart loan officers will offer to work directly with listing agents to vet offers and provide pre-approvals.

Pre-approval

Housing Wire

FEBRUARY 1, 2021

The great promise of short sales and other distressed pre-foreclosure sales as a foreclosure alternative is most fully realized in a competitive and transparent online auction marketplace, according to recent data from the Auction.com Market Validation Program (MVP) for pre-foreclosure sales. Pre-Foreclosure Potential.

Sales

Housing Wire

JUNE 3, 2024

For specific questions such as ‘What’s the difference between pre-approval and a prequalification?’, We chose Roof AI for its seamless integration with the MLS. “We have expanded our capabilities to better answer questions about properties, neighborhoods and the real estate process.,” They don’t need to do that anymore.”

Technology

Housing Wire

NOVEMBER 13, 2023

In Florida, getting licensed as a real estate agent begins with the completion of an approved 63-hour Sales Associate prelicensing course. Self-paced online Gold Coast School $263 Classroom, livestream, or online MLS Campus Real Estate School $83.88 out of 5.

Purchase and sale agreement

Housing Wire

NOVEMBER 8, 2021

Agents listing older or more rundown homes will frequently leave notes in the MLS saying that the home will not pass VA appraisal and therefore they are not accepting any VA offers. This, however, doesn’t stop VA buyers from submitting an offer on the home. That never happens when a VA loan is involved.

VA loan

Housing Wire

OCTOBER 22, 2023

Texas residents interested in becoming a real estate agent must first complete 180 hours of approved coursework to be eligible to sit the state licensure exam. After you complete all six courses, you’ll have to take and pass the pre-license course final exam. That’s a longer program than in most states. How much exactly?

Pre-approval

Housing Wire

NOVEMBER 30, 2023

Your path to real estate licensure begins with 120 hours of classes in an approved Ohio real estate license education program. Step 1: Complete the prelicensing education requirements Applying for an Ohio real estate agent license starts with fulfilling the 120-hour sales associate pre-licensing education requirement.

Brokerage

BubbleInfo

MAY 9, 2024

A new $3,000,000+ listing hit the MLS this week that was offering a 1/2% commission to the buyer’s agent. They also noted that to show the property, buyer-agents needed to submit proof of funds (bank statement) and pre-approval letter plus a 24-hour notice was required.

Proof of funds

Realty Biz

MARCH 17, 2021

You aren’t just there to search the MLS. Explain the difference between pre-qualified and pre-approved. Too many people get a pre-qualification letter from their bank and think that this means they can close on the property. Help them get pre-approved for a mortgage.

Pre-approval

RIS Media

OCTOBER 22, 2020

– Coming Soon: Homes that are listed as coming soon in your MLS are technically not allowed to be shown but can accept offers prior to showing. If the listing agent is allowed to disclose the other offers, make sure to obtain written approval from the seller before discussing this. This is not the case.

Earnest money deposit

Realty Biz

FEBRUARY 21, 2023

Listing Alert ( [link] ), a real estate mobile solution for agents that communicates pre-market listings within a brokerage, today announced the company has joined the RE/MAX Approved Supplier program. The RE/MAX Approved Supplier Program provides a list of vetted organizations providing business services to agents.

Pre-approval

RIS Media

SEPTEMBER 25, 2020

” It’s also a free lead because it’s in your MLS. Real Estate Express is the nation’s premier online real estate school, providing pre- and post-licensing courses, continuing education courses, and professional development to hundreds of thousands of real estate agents across the country. No problem.

Pre-approval

The Close

FEBRUARY 14, 2024

After all, a new listing on the MLS gets the most attention in the first week. Selling a home is the same—it’s not just a sign in the yard and a posting on the MLS. Navigating the Selling Process Myth #8: Getting Pre-approved Should Happen After Finding Your Perfect Home House hunting can be exhausting.

Pre-approval

HomeLight

OCTOBER 20, 2022

Many FSBO sellers will purchase a pre-listing appraisal. The buyer’s lender will probably require their own appraisal as part of their loan approval process. Pre-inspection. Getting a pre-listing inspection can facilitate a quicker sale because it eliminates surprises – and gives the seller time to fix major flaws.

Purchase and sale agreement

Windemere Buying

FEBRUARY 15, 2023

Mortgage Pre-Approval Another way you can supercharge your home search efforts is to get pre-approved for a mortgage. Pre-approval has several benefits for prospective home buyers. They have access to the Multiple Listing Service (MLS) , the largest network of homes on the market.

Pre-approval

Realty Biz

JANUARY 1, 2021

Today the process for finding foreclosed homes is nearly the same as searching traditional MLS home listings online. . Pre- Foreclosures . A property goes into pre-foreclosure when a mortgage company notifies the borrower that they are in default on their loan. They will also be listed in the county and city courthouses. .

Short sale

Easy Agent Pro

SEPTEMBER 3, 2020

Provide urgency by reminding them that their homes are far more attractive now, in summer, than fall so their photos will stand out in the MLS, should they decide to sell in the fall real estate market. Getting pre-approved for a mortgage before shopping for a home is even more important when someone chooses autumn to shop for a home.

Marketing

HomeLight

OCTOBER 5, 2020

” She adds, “You need a strong pre-qualification letter from a legitimate lender, and there’s no getting around that. There is a process you must follow to get pre-approved for a mortgage. And it’s even better if you can get pre-underwritten. Let’s take a more in-depth look at these requirements.

Short sale

HomeLight

JANUARY 3, 2024

Oriana Shea , a top-rated agent in California who has been helping homebuyers for 26 years, says that, depending on local multiple list service (MLS) rules and where the property is located, a listing might actually be tagged as “contingent” rather than under contract. What contingencies might be attached to ‘under contract’ listings?

Purchase and sale agreement

Toronto Realty Blog

JULY 11, 2024

Not so much in terms of my memories and experiences, but rather conversations and explanations that we had many, many years ago about the utterly ridiculous system of “occupancy” that occurs in the pre-construction world. Let’s say that there’s a 66-storey building in Toronto and all the units have been pre-sold.

Pre-approval

BAM Media

AUGUST 7, 2024

When it comes to the NAR settlement —based on a survey that was done with BAM and 1000watt—77% of sellers are willing to offer buyer agent compensation outside of the MLS. Also, these buyers are typically pre-approved. They’re willing to adapt to new rules. If they need financing, they’ve been financially vetted.

Agents

HomeLight

MAY 25, 2023

or if they can put their house on the multiple listing service (MLS). While you don’t need a real estate agent to do this in North Carolina, you also can’t do it yourself — you would need to hire a flat-fee MLS listing service to do it for you, and you’d still have to provide your own listing information and photos.

MLS

HomeLight

OCTOBER 11, 2022

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. Only licensed real estate agents and brokers who are MLS members can post to the MLS. Not willing to pay for the MLS?

Purchase and sale agreement

HomeLight

SEPTEMBER 20, 2022

That’s because even if the homeowner has approved the offer, “the lender can come back six months later and say, ‘No, we will not accept this price.’ So you’re going to be waiting a long time — and you might never get approval.”. You can search for short sales directly through the MLS , which lists them, sometimes flagged directly.

Short sale

Realty Biz

APRIL 17, 2021

The power of a good marketing plan and a strong MLS listing is at the core of getting a bidding war started. Expect it to take several weeks before your house is ready to be listed on the MLS. The house is newly listed on the MLS but you’re not going to allow it to be shown for about a week. Step 2 – Plan ahead.

MLS