Realty Biz

NOVEMBER 11, 2020

When you begin an online search for a home, you may find some sale statuses you don’t fully understand. It is fairly obvious what is meant when homes have a status of “for sale” or “sold,” but some statuses may not be as clear. For example, if a home sale is contingent or pending, can you still make an offer?

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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.

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HomeLight

JANUARY 3, 2024

Sometimes you come across a home for sale that checks off every box on your list, but the listing status says that it’s “under contract” or “sale pending.” In most cases, there are contingencies in the buyer’s offer that need to be cleared before the transaction is moved to the more solid “sale pending” status.

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Realty Biz

MARCH 17, 2021

You aren’t just there to search the MLS. Know what must happen in order to close, or you won’t make the sale. 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.

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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.

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HomeLight

AUGUST 31, 2021

You’re reading through a new MLS listing, and you believe you found your ideal home. The exact steps vary from state to state, but let’s take a general look : Pre-foreclosure: As the name implies, a pre-foreclosure isn’t in foreclosure yet, but it’s on the way there. Different types of foreclosure sales. Short sale.

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Toronto Realty Blog

JANUARY 13, 2021

Rosy views on the housing market have helped drive overall household sentiment back to pre-pandemic levels even with the country dealing with a second wave of COVID-19 cases and new lockdowns. I currently have a five-year, fixed-rate mortgage approved at 1.30%. This sale most certainly tells a tale!

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Toronto Realty Blog

JUNE 2, 2021

He said that based on conversations he’s having with inspectors throughout the province, he believes that less than 25 per cent of all home sales are being inspected. Almost every property on which I have submitted an offer so far this year has featured a “pre-home inspection.” So what’s the problem?

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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. Short Sales . Jordan Matin, Portland Homes for Sale.

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Ryan Serhant

APRIL 29, 2022

Complete 90 hours of state-approved pre-licensing education. Apply for a provisional sales associate license. Complete 90 hours of state-approved pre-licensing education. . Most pre-licensing courses in Oklahoma can be taken online or in person. Apply for a provisional sales associate license. .

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Kyle Handy

MAY 10, 2023

Drop Off the Pre-Listing Package Once you have completed your comparative market analysis, now’s a good time to go drop off a real estate pre-listing package (for occupied homes) A pre-listing package is a “surprise” bonus and sets the stage for your appointment.

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The Close

FEBRUARY 20, 2024

This phenomenon means there are fewer buyers than there are homes for sale. You can expect quicker sales and potentially rising prices due to high competition and scarce supply. A seller’s market will have few homes for sale and plenty of buyers scrambling to make an offer. When supply exceeds demand, we see a buyer’s market.

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Real Trends

OCTOBER 1, 2022

What do the new pending listings and sales tell you? It’s not good enough to just be pre-approved. Your buyer needs to be under loan approval, pending identification of the property and possibly the appraisal — nothing else! In a shifting market, this may adjust up, down, or stay the same. The post Game on!

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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. Additionally, a Texas real estate sales agent must be sponsored by a licensed broker in order to perform any real estate services on behalf of their clients. How much exactly?

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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.

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The Close

FEBRUARY 6, 2024

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. A seller could just end up choosing one of the offers handed in.

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Kyle Handy

MARCH 13, 2023

MLS Campus Real Estate School A course focused on mathematics and other fundamentals. MLS Campus Real Estate School is an excellent school for agents who are struggling with the mathematics sections of the real estate exam. They have pre-license, post-license, continuing education, and broker post-license courses.

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HomeLight

FEBRUARY 27, 2021

Today, the success of your home sale hinges on your ability to sell your home online. Whether you sell your house to a cash buyer like an iBuyer or list your home on the market, you’ll encounter digital processes at almost every phase of the sale. Selling For Sale By Owner (FSBO). Pros: You can sell your home 100% online.

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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. Study after study shows that for-sale-by-owner almost universally results in a lower sales price. You will need to prepare the house for sale. The pre-qualified mortgage amount for the buyer is also important.

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Realtor.com

NOVEMBER 28, 2022

. “Two-thirds of homeowners right now are sitting on a sub-4% mortgage, and about a quarter are sitting on a sub-3% mortgage,” says Lisa Sturtevant , chief economist of the Bright MLS. “Getting the proceeds from the sale of your home can take some time, maybe longer than you expect,” warns Hale.

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RIS Media

SEPTEMBER 25, 2020

” It’s also a free lead because it’s in your MLS. Join Johnson’s 90-day Bootcamp to quickly gain skills to generate new listings, buyers, sales, lead conversion, presentations, marketing, social media, and more. So how do you reach out to expired listings and convert them? ” Don’t have a buyer?

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Real Trends

MARCH 13, 2023

With rising interest rates affecting home sales, 2023 purchases are expected to drop from 5.8 The rapid changes within the market over the past few years have agents constantly adjusting to new conditions and client expectations, all while trying to maintain sales. million to 5.1 How will AI impact real estate?

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Ryan Serhant

APRIL 27, 2022

Complete 72 hours of state-approved pre-licensing education. Complete 72 hours of state-approved pre-licensing education. . The pre-licensing education includes the 48-Hour Salesperson Pre-Examination Course and the 24-Hour Missouri Real Estate Practice (MREP) Course. Pass the course final exam.

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Ryan Serhant

APRIL 28, 2022

Complete 60 hours of state-approved pre-licensing education. Complete 60 hours of state-approved pre-licensing education. . The first step to becoming a real estate agent in the state of Mississippi is completing the 60-Hour Salesperson Pre?Licensing Pre-licensing courses in Mississippi can be taken online. .

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Pre-approval Brokerage Agents As-is 52

Ryan Serhant

MARCH 29, 2022

Complete 70 hours of state-approved pre-licensing education. Complete 70 hours of state-approved pre-licensing education. . The Montana Board of Realty Regulation (MBRR) requires all prospective real estate agents to complete 70 hours of pre-licensing education before taking the real estate licensing exam.

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HomeLight

NOVEMBER 9, 2021

If you need to move even more swiftly than that, selling to an online direct buyer through a platform like HomeLight’s Simple Sale could take as little as 10 days. The Simple Sale process frees you of the hassle of staging your home and jumping through hoops for the buyer’s lender. Direct Buyer (Simple Sale). Traditional Sale.

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Purchase and sale agreement Home sale contingency Title search Inspection 83

HomeLight

JANUARY 3, 2023

Year-over-year, monthly sales in the Phoenix metro area were down nearly 25%. Often, the decision to go for sale by owner (or, “FSBO”) is motivated by a desire to save on agent commissions. Once you’ve seen what’s required, you can roll up your sleeves and get started with your FSBO sale in Colorado.

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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.

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Real Trends

JUNE 7, 2023

Off-market listings” or “quiet listings” are homes that are for sale but aren’t listed on multiple listing services (MLS). By reaching out to absentee owners via postcard or phone and having a pre-approved, serious buyer with an offer lined up often has the power to change minds.

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HomeLight

AUGUST 25, 2020

With an off market sale, “people are able to sell their home without worry, know it’s done, and be able move on to the next chapter of life and … still put a sizable amount of money in their pocket and hit their financial goal,” Griffin says. The structure “had to be taken down to the studs,” not the ideal condition for a conventional sale.

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Marketing MLS Pre-approval Sales 54

Ryan Serhant

MARCH 16, 2022

Meet the pre-qualifications. Complete 40 hours of approved VT pre-licensing education. Meet the pre-qualifications. . Meet the pre-qualifications. . You must meet a few pre-qualifications from the Vermont Real Estate Commission (VREC) before you can start working on your license education.

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HomeLight

MARCH 31, 2022

Early 2022 data from Florida Realtors® indicates a 23% increase in median sales price and a 33.3% With such impressive sales figures, some Florida sellers may be curious about how to sell a house by owner in Florida — a decision that could help them save on agent commissions. Average home sale price in Florida: $530,419 (Jan 2022).

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Point2Homes

JUNE 23, 2021

You will still need to check MLS listings, research the local market, consider your financing options, obtain an appraisal and inspection, make an offer , negotiate and close the deal. Yet, the addendum can also specify that the sale must be closed by a set date. If the sale is not closed by then, you can find yourself paying a fee.

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HomeLight

SEPTEMBER 30, 2021

When the appraisal comes in lower than your offer price, it’s either an opportunity for you to renegotiate the sales price with the seller — or it’s going to completely derail your home sale, and you’ll have to start over again. Updated September 30, 2021. Now, what should you do if that happens? Option 2: Find a new lender.

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Ryan Serhant

APRIL 15, 2022

Meet the pre-qualifications. Meet the pre-qualifications. In Texas, you need to meet some pre-qualifications before you can start your real estate licensure journey. In Texas, you need to meet some pre-qualifications before you can start your real estate licensure journey. File your license application. Take the exam.

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Realty Biz

JANUARY 12, 2021

Today, traditional investing involves finding available properties on the internet-based MLS (multiple listing system). It means proving you are pre-qualified for a loan before you know what house you might buy. Once you have an offer accepted, a whole new set of people start looking at the agreement to see if they approve.

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Purchase and sale agreement Pre-qualification Pre-approval MLS 69

HomeLight

SEPTEMBER 15, 2022

Once you’ve made the decision to sell your house, you likely have two main goals: to complete the sale as quickly as possible and to hit that magic number when it comes to price. Greater competition among buyers, which can lead to a sale price higher than market value. Tell me about some that have been similar to my property.

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