The Close

FEBRUARY 20, 2024

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. It’s easy to sketch out an area in the MLS and do some quick napkin math to find out the months of inventory. The first would be your local MLS.

Marketing 92

Marketing Debt-to-income ratio MLS Pre-approval 92

Redfin

JUNE 28, 2022

In addition to real estate commissions, you may also have to pay for: Repair and renovation. Seller concessions. If you’re looking for certain interior features or more space, it may make more sense to renovate your current house. Plus qualifying renovation costs are tax-deductible. Landscaping and lawn care.

Staging 62

Staging Renovation Closing costs Agents 62

The Close

FEBRUARY 6, 2024

That showed the sellers that my clients were more invested and serious about purchasing the home. Don’t Ask for Seller Concessions In many transactions, asking the seller to cover some of the associated home purchasing costs is customary. But every little concession is important when you’re in a bidding war on a house.

Pre-approval 75

Pre-approval Earnest money deposit Inspection Inspection contingency 75

HomeLight

FEBRUARY 19, 2023

With the multiple listing service (MLS) at their fingertips, a real estate agent can run a comparative market analysis (CMA), which will come up with an estimated selling price for a home based on three to five comparable homes in the area that have sold recently. Or perhaps there were seller concessions that weren’t included in the price.

MLS 81

MLS Seller concession Agents Sales 81

Realty Biz

JANUARY 19, 2024

They have access to the Multiple Listing Service (MLS) and can help you find homes that may not be readily available to the public. When making an offer, consider factors such as the condition of the property, any necessary repairs or renovations, and the length of time the house has been on the market.

Debt-to-income ratio 100

Debt-to-income ratio Pre-approval Purchase and sale agreement Inspection 100

HomeLight

NOVEMBER 21, 2022

Not having agent representation could also lead to paying more in seller concessions. The internet has changed how people shop for houses, but it also changed how agents look up houses in the MLS. Only licensed real estate agents and brokers who are MLS members can post to the MLS. Not willing to pay for the MLS?

MLS 86

MLS Agents Sales Land 86

HomeLight

APRIL 13, 2023

Not having agent representation could also lead to paying more in seller concessions. Chandler notes that a seller will get the highest return by renovating kitchens and bathrooms, but something as simple as a paint job can also make a huge difference. When you list in the MLS, you must include a buyer’s commission.

MLS 86

MLS Agents Sales Mortgage pre-approval letter 86