Housing Wire

AUGUST 25, 2022

The company also launched temporary rate buydowns, which allows borrowers to receive lower mortgage rates at the beginning of their loan terms by using seller concessions as part of the payment. It comes at a time in which the housing market favors buyers and seller concessions become more frequent.

Mortgages 397

Mortgages Equity Loans Seller concession 397

Housing Wire

AUGUST 30, 2024

HW: How important is it to educate clients about the “new normal” in residential real estate post-August 17? We have both an opportunity and, I’d suggest, an obligation to show up for our customers instead of focusing our marketing efforts on showing off how great we are. How do you recommend agents communicate these changes?

Branding 410

Branding Agents Technology Seller concession 410

McKissock

JUNE 14, 2022

Besides location, one of the most important factors in a residential property’s value is the health of its local real estate market. Increase in seller concessions. A change in the prevalence of seller concessions within the market provides insight into current and changing market conditions.

Seller concession 75

Seller concession Marketing Lending Renovation 75

Realtor.com

DECEMBER 10, 2020

Make sure to attend and review the findings of the home inspection,” says Steve Kaminski , head of residential lending at TD Bank. “It’s Better to move forward with the home inspection, and then use the findings as a potential bargaining chip.

Closing costs 142

Closing costs Inspection Closing Rent back 142

HomeLight

SEPTEMBER 14, 2022

Offering different seller concessions to potential buyers can help make your house stand out and give that extra nudge for a faster sale. Market directly to investors – contact real estate investors who buy residential homes. Sweeten the deal. Make your house move-in ready.

Marketing 122

Marketing Inspection Staging Seller concession 122

BAM Media

JULY 31, 2024

residential brokerage firm by agent count in 2022. Compensation, Commission: Separate the listing agent’s commission from any buyer concessions and state it as a dollar amount or hourly rate. Seller Concessions: Indicate a willingness to negotiate concessions without specifying dollar amounts for buyer agent compensation.

Purchase and sale agreement 52

Purchase and sale agreement Pre-approval Seller concession Title 52

Marco Santarelli

AUGUST 2, 2024

Investor Behavior Shift The changing interest rate environment also influences how investors approach the housing market: Shift to Investment Properties : Many investors identify opportunities in residential properties, looking to capitalize on increasing rental demand. Q8: Are there any strategies for buyers dealing with high mortgage rates?

Marketing 52

Marketing Seller concession Investor Principal 52

HomeLight

DECEMBER 13, 2022

Not having agent representation could also lead to paying more in seller concessions. This includes when crucial information is held back, or if the seller misrepresents the facts about any significant defects within the home or property. According to the Virginia Residential Property Disclosure Act (§ 55.1-700)

Purchase and sale agreement 105

Purchase and sale agreement MLS Agents Sales 105

HomeLight

MAY 25, 2023

Not having agent representation could also lead to paying more in seller concessions. This requirement not only protects the buyers from any “surprises” like leaking roofs or broken water heaters, but also protects the sellers from potential litigation. Marketing your home is time-consuming.

MLS 105

MLS Pre-approval Agents Sales 105

HomeLight

NOVEMBER 21, 2022

Not having agent representation could also lead to paying more in seller concessions. Since South Carolina is not a “ Caveat Emptor ” or “buyer beware” state, a residential property seller is generally required to disclose the condition of the home to the buyer. Marketing your home is time-consuming.

Purchase and sale agreement 102

Purchase and sale agreement MLS Pre-approval Agents 102

HomeLight

APRIL 26, 2023

Not having agent representation could also lead to paying more in seller concessions. Property condition disclosure In Alabama, a residential property seller is generally not required to disclose the condition of the home to the buyer except if defects might cause an immediate risk to the buyer’s health or safety.

MLS 97

MLS Agents Sales Closing 97

HomeLight

OCTOBER 11, 2022

The easiest way to do this is for the seller and buyer to sign and date the disclosure. The Iowa State Bar Association also provides a Residential Property Seller Disclosure Statement form. Not having agent representation could also lead to paying more in seller concessions. Why sell a house by owner in Iowa?

MLS 111

MLS Purchase and sale agreement Pre-approval Agents 111

HomeLight

MAY 1, 2023

Not having agent representation could also lead to paying more in seller concessions. Property condition disclosure In Maryland, a residential property seller is generally required to disclose the condition of the home to the buyer before closing. Marketing your home is time-consuming. Require everything in writing.

MLS 100

MLS Agents Mortgage pre-approval letter Sales 100

HomeLight

APRIL 27, 2023

Not having agent representation could also lead to paying more in seller concessions. Property condition disclosure In Utah, a residential property seller is generally required to disclose the condition of the home to the buyer. This form is called a Utah Seller’s Property Condition Disclosure.

MLS 104

MLS Agents Sales Mortgage pre-approval letter 104

HomeLight

NOVEMBER 14, 2022

Not having agent representation could also lead to paying more in seller concessions. However, as a FSBO seller, you’ll need to complete and share the required forms yourself. Marketing your home is time-consuming. You’ll still have selling costs, which may include transfer taxes and settlement fees.

Purchase and sale agreement 103

Purchase and sale agreement MLS Agents Pre-approval 103

HomeLight

DECEMBER 6, 2022

Not having agent representation could also lead to paying more in seller concessions. In New Jersey, a residential property seller is generally required to disclose known material defects that cannot be easily observed. Marketing your home is time-consuming. But this doesn’t mean you’re off the hook.

Purchase and sale agreement 103

Purchase and sale agreement MLS Pre-approval Agents 103

HomeLight

MAY 1, 2023

Not having agent representation could also lead to paying more in seller concessions. Property condition disclosure In Mississippi, a residential property seller is generally required to disclose the condition of the home to the buyer as soon as practicable and possible before the transfer of title. See the next step!)

MLS 102

MLS Agents Sales Mortgage pre-approval letter 102

HomeLight

OCTOBER 14, 2022

Whether you hire a listing agent or not, the Illinois Residential Real Property Disclosure Act requires sellers to disclose known defects and problems with a property to prospective buyers. Sellers are required to provide disclosures of known problems to buyers before signing the real estate contract.

MLS 102

MLS Agents Sales Mortgage pre-approval letter 102

HomeLight

APRIL 13, 2023

Not having agent representation could also lead to paying more in seller concessions. Property condition disclosure In Kansas, a residential property seller is generally required to disclose the condition of the home to the buyer, typically within three to five days after accepting an offer. Require everything in writing.

MLS 105

MLS Agents Sales Mortgage pre-approval letter 105

HomeLight

NOVEMBER 21, 2022

Not having agent representation could also lead to paying more in seller concessions. In Louisiana, a residential property seller is generally required to disclose the condition of the home to the buyer before they make an offer. Marketing your home is time-consuming. Require everything in writing. See the next step!).

MLS 105

MLS Agents Sales Land 105

HomeLight

DECEMBER 6, 2022

Not having agent representation could also lead to paying more in seller concessions. In Oregon, a residential property seller is generally required to disclose the condition of the home to the buyer. Marketing your home is time-consuming. Require everything in writing. Remember you can counter-offer and negotiate.

MLS 105

MLS Agents Sales Inspection 105

HomeLight

APRIL 27, 2023

Not having agent representation could also lead to paying more in seller concessions. But I’ve also seen sellers who wanted to wait a week to respond to an offer. Marketing your home is time-consuming. You’ll still have selling costs, which may include transfer taxes and settlement fees.

MLS 95

MLS Agents Sales Mortgage pre-approval letter 95

HomeLight

OCTOBER 1, 2022

Sellers aren’t required to hire a real estate attorney in Ohio, but FSBO sales typically warrant legal and professional oversight of some kind to avoid an abundance of legal risk. For example, in Ohio, you’ll need to meet a number of mandatory disclosures and complete a Residential Property Disclosure form.

MLS 111

MLS Pre-approval Agents Sales 111

HomeLight

DECEMBER 8, 2022

Not having agent representation could also lead to paying more in seller concessions. In Washington State, a residential property seller is generally required to disclose the condition of the home to the buyer. Marketing your home is time-consuming. Require everything in writing. Look for a good real estate attorney.

MLS 105

MLS Agents Sales Inspection 105

HomeLight

NOVEMBER 23, 2022

Not having agent representation could also lead to paying more in seller concessions. This puts the onus on a home buyer to find out if a property has any major defects before purchasing it, and means that a residential seller is not generally required to disclose the condition of the home to the buyer.

MLS 104

MLS Agents Sales Closing 104

HomeLight

SEPTEMBER 15, 2022

During a recession, any seller concession you can promote to reassure the buyer will usually shorten your days on the market. Some of the typical seller concessions can include closing costs, minor repairs, or fixtures to incentivize a buyer to say yes to your home. Market directly to residential real estate investors.

Seller concession 111

Seller concession Inspection Agents Renovation 111

HomeLight

NOVEMBER 10, 2022

Not having agent representation could also lead to paying more in seller concessions. In Chicago, a residential property seller is generally required to disclose all known material defects in writing prior to signing the sales contract (unless you never occupied the property or managed the property).

Purchase and sale agreement 105

Purchase and sale agreement MLS Agents Pre-approval 105

HomeLight

NOVEMBER 21, 2022

Not having agent representation could also lead to paying more in seller concessions. In Nebraska, a residential property seller is generally required to disclose using a seller’s disclosure form on or before the effective date of the purchase contract. Marketing your home is time-consuming. See the next step!).

MLS 105

MLS Agents Sales Mortgage pre-approval letter 105

HomeLight

OCTOBER 18, 2022

Megan’s Law Disclosure require sellers to let a buyer know that information about the location of registered sex offenders is available from local law enforcement agencies and on the state-operated website. Residential Earthquake Hazards Report (pg. Be prepared for seller concessions.

Purchase and sale agreement 110

Purchase and sale agreement Inspection Closing costs Staging 110

HomeLight

OCTOBER 20, 2022

In a FSBO scenario, the seller assumes the responsibilities that would normally fall to their agent such as pricing the home , arranging showings , and negotiating the deal. Not having agent representation could also lead to paying more in seller concessions. Confirm your residential home sale disclosures.

MLS 108

MLS Agents Mortgage pre-approval letter Sales 108