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Key Differences Between Creative and Traditional Real Estate Investing

Realty Biz

Today, traditional investing involves finding available properties on the internet-based MLS (multiple listing system). It also requires qualifying for a bank loan based on passing a set of rigid qualification standards. It means proving you are pre-qualified for a loan before you know what house you might buy.

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Selling a Home at Auction: Pros, Cons, and How to Get Started

HomeLight

The National Association of Realtors agrees that auctions can accelerate a sale, in addition to offering these key benefits for sellers: Higher visibility among pre-qualified, prepared buyers who are ready to buy. Step 4: Determine the qualification process for bidders. Your home will be visible to pre-qualified, serious buyers.

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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

If your clients are concerned about getting approved for a loan, you can remind them that a co-borrower agrees to back the borrower in a mortgage loan. Simply put, this measures the number of days a property is for sale, from the day it is listed on the multiple listing service (MLS) to the day a buyer and seller are under contract.

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How to Sell a House by Owner in New Jersey

HomeLight

Murphy says some New Jersey towns offer full-day pre-K. 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. Pay an agent to list your home on the MLS. List your home online.

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How to Sell a House By Owner in Alabama

HomeLight

When you list in the MLS, you must include a buyer’s agent commission. If you choose not to list in the MLS so you can forgo the buyer’s agent commission, you’ll seriously limit the exposure your home will get. Only licensed real estate agents and brokers who are MLS members can post to the MLS.

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