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‘Find buyers before agents!’ Mortgage industry reacts to the NAR settlement

Housing Wire

Mortgage pros have closely monitored the commission lawsuit developments since a Kansas City, Missouri jury determined that NAR, HomeServices of America , and Keller Williams conspired to inflate or maintain high commission rates through NAR’s so-called Participation Rule. Assisting homebuyers and their agents adds more to an LO’s plate.

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Selling your home? Make sure you’re aware of hidden costs

Housing Wire

From staging fees, home improvements, repairs and seller concessions, there are several hidden costs involved in the selling process. 5 reasons to refinance your mortgage right now. Staging Costs. To attract potential buyers, sellers have to make sure their home is aesthetically pleasing. Bottom Line.

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How Much Does It Cost to Sell a House?

Redfin

Don’t forget to stage your front porch and back patio too. There are several benefits to staging your home. Two of the most important are the potential increase in the sale price and the shortened time between listing and selling that a staged home typically provides. . Almost always, the seller pays the total commission cost.

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What Happens After Making an Offer on a House?

Windemere Buying

However, celebrating at this stage in the buying process could leave you heartbroken if your offer isn’t accepted. Revealing what goes on behind the curtain in this critical stage of the buying process will help you understand what to expect next. First, let’s take a look at the three ways a seller can respond to your offer.

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8 Ways Home Buyers Can Get Their Offer Accepted

Realty Biz

If you want to give yourself a better chance of having your offer accepted, making it as clean and straightforward as possible will appeal to the seller. Any proposal full of contingencies or seller concessions isn’t going to look as good. It’s something you really should consider to make your offer stronger.

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Georgia Sellers: Here’s a Round Up of Your Closing Costs

HomeLight

This total cost includes: Prep costs: $5,238 for pre-listing home improvements such as lawn care, painting, staging, and more. Seller’s closing costs in Georgia. Although many closing costs are negotiable, sellers in Georgia are traditionally on the hook for the following: 1. We often encourage [sellers] to keep an eye on that.

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Buyer’s Market vs Seller’s Market: What’s the Difference?

The Close

Pro Tip Sellers can get frustrated when their listing sits on the market, waiting for a buyer. For agents, offering advice on cost-effective improvements, staging tips, and accurate pricing is essential. FAQ How do interest rates affect a buyer’s or seller’s real estate market? That’s the price of a new car!