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Under Contract vs. Pending: A Home Buyer’s Guide to Status Tags

HomeLight

Searching for a home to buy can be a time of excitement and anxiety. You may be building an online watchlist of homes you’re interested in seeing, but then you notice a label tagging your favorite property listing as “under contract” or “sale pending.” Can you make an offer on a home that’s under contract?

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Warren Buffett: Real estate agent commission structure “has worked out very well”

Housing Wire

” He also shared that he has never negotiated down an agent’s commission, despite his last home sale fetching an over $7 million price tag.

Agents 480
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$30 billion savings from ‘a la carte’ commissions?

Real Estate News

New research from the Federal Reserve puts a price tag on changing agent compensation, pushing for it to be independent of the price paid for the home.

Agents 267
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CoreLogic and Restb.ai bringing new AI tools to nation’s fourth-largest MLS

Housing Wire

AI tools, such as photo tags or ALT-Text technology, will automatically extract information from listing photos and generate captions for each one of them. Homebuyers will be able to upload a photo of a desired home in OneHome and search for listings with the same feature, thanks to the image matching capabilities.

MLS 340
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13 video marketing best practices for your real estate business

Housing Wire

The story might highlight the historical features of the home or explain how a starter home helped buyers build their lives together. Just like an in-person walkthrough, viewers need to see themselves in the home to imagine how they will make it their own. Tagging topics relevant to your video. Customizing a thumbnail.

Marketing 491
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L.A.’s Biggest Home Price Disparities: Same Street, Wildly Different Price Tags

Point2Homes

Home of the rich and famous, it comes as no surprise that Los Angeles is one of the metro areas with the highest total housing value in the nation. But sometimes, an incredible exception appears among the ultra-high price tags. The five homes on our list managed to fetch their former owners between $1 million and $8 million in profits.

Sales 58
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The true cost of luxury homes is much higher than the price tag

Realty Biz

Luxury home buyers are racing to snap up supersized homes with extra upgrades and tons of amenities, but many are at risk of going over their budgets as they do, experts say. It’s very emotional,” Adam told the Wall Street Journal of the home buying process. It’s an issue that affects even the wealthiest of buyers.

As-is 83