Housing Wire

JULY 26, 2024

The majority of real estate sales fall under this category and usually employ a buyer’s and seller’s agent who negotiate on behalf of their respective parties. Contingencies in the agreement protect both parties if problems arise during the appraisal, inspection, or financing stages of the transaction.

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Purchase and sale agreement Finance Closing costs Closing 459

Housing Wire

JUNE 25, 2024

There are three stages that agents and their clients need to be aware of. Stage 1: Preparing for the home appraisal First, if you represent buyers making an offer on a home, it’s vital to include an appraisal contingency in the offer. This stage is critical. How does the home appraisal process work?

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Staging Seller concession Finance Closing costs 397

Housing Wire

AUGUST 23, 2024

Three days before the new business practice changes mandated by the settlement of the National Association of Realtors ‘ commission lawsuit went into effect, HousingWire caught up with top real estate coach Skye Michiels to talk about how his agents are handling the big changes. Are such deals taking place with the agents you work with?

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FHA loan Agents Brokerage Staging 433

Housing Wire

AUGUST 1, 2021

Black Knight is committed to helping all stakeholders involved in a real estate transaction move closer to a secure, paperless closing environment, while shortening the closing timeline to effectively reduce closing costs.

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Closing Loans Closing costs Technology 370

HomeLight

AUGUST 19, 2024

Selling a home in Pennsylvania comes with its share of expenses, including closing costs. Closing costs are various fees and expenses that arise during the final stages of a real estate transaction. These costs typically include taxes, agent commissions, and administrative fees.

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Closing costs Closing Principal Loans 105

Housing Wire

FEBRUARY 14, 2024

The second stage was pioneered by real estate agents that saw how hard the consumer experience was first-hand, so they created the PowerBuyer model to address those issues with less cost relative to iBuyers. This model is still expensive for homeowners because they are paying duplicate closing costs and leaseback fees.

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Backup offer Loan Officer Home sale contingency Branding 448

Housing Wire

SEPTEMBER 6, 2024

The four firms in question all had joint ventures (JVs) or affiliated business arrangements (ABAs) in which real estate agents, who were also business referral sources, were investors. or divest real estate agents from their ownership interests. or divest real estate agents from their ownership interests. illegal.”

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Title Industrial Agents Closing costs 459

HomeLight

AUGUST 20, 2021

If you’re selling a home in Connecticut, you should familiarize yourself with closing costs that sellers pay to finalize the transaction. The average closing costs for home sellers fall between 6% to 10% of the home’s sale price. Connecticut sellers can count on these costs. Agent commissions.

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Closing costs Closing Title search Title 111

HomeLight

NOVEMBER 10, 2021

When you sell your house without the help of a real estate agent, you’ll save money on commission fees but won’t escape closing costs entirely. The same closing fees that apply to an agent-assisted sale will be charged to a FSBO seller, with the exception of the agent commission. Buyer’s agent fee (~3%).

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Closing costs Closing Title Title search 111

HomeLight

NOVEMBER 9, 2021

Closing costs are assumed to be part of doing business in real estate, but do cash buyers pay closing costs? Yes, you can expect charges for attorney hours, taxes, plus title and recording fees to still apply, though the use of cash can greatly reduce a buyer’s closing costs with the elimination of mortgage fees.

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Closing costs Closing Title Title search 110

HomeLight

JUNE 20, 2023

California homeowners looking to upgrade from their starter home to more permanent digs may be surprised by the amount they’ll owe at the end of the sale: Closing costs in California typically range from 6% to 8% of total home sale price. Step one: Talk to an expert! Selling your house soon? years), San Jose (16.7 Learn More 7.

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Closing costs Closing Title Agents 105

Housing Wire

JULY 19, 2021

According to Black Knight , 96% of homeowners have at least 10% equity – meaning they may be able to pay off their loan, closing costs, and agent commissions without paying out of pocket or a short payoff. JC: There is no question that servicer capacity is a big issue.

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MLS Equity Closing costs Sales 448

HomeLight

APRIL 12, 2023

Editor’s note: This post will help answer the question: How much are closing costs in Massachusetts (MA)? The example costs provided are based on median home prices and typical fees. Your closing costs may differ depending on your circumstances and the terms of your home purchase. What are closing costs?

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Closing costs Closing Purchase and sale agreement Title search 104

Housing Wire

APRIL 18, 2023

These points of focus include data collection and entry at any stage of the process. They could also include improving the post-closing process. Even the Consumer Finance Protection Bureau (CFPB) has acknowledged that TRID adversely impacts the operational costs of lenders.

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Mortgages Technology Closing costs Title 370

HomeLight

JUNE 15, 2023

After finding their dream home and signing the purchase contract , most buyers feel on top of the world … until they see the Loan Estimate or preliminary closing statement (if buying in cash). Did the closing costs for the buyer in particular catch you by surprise? Step one: Talk to a few buyer's agents!

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Closing costs Closing Title Inspection 98

HomeLight

AUGUST 21, 2024

As you prepare for this major step, you might be wondering about the closing costs. Closing costs encompass a range of fees and expenses that sellers are typically responsible for during the final stages of a real estate transaction. These include taxes, agent commissions, and other miscellaneous charges.

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Closing costs Closing Staging Principal 59

HomeLight

OCTOBER 28, 2024

You can check real estate websites or consult with a local agent to get an idea of average days on market and recent sale prices. Understanding your motivation will also assist your agent in tailoring the home-selling process to your needs, whether it’s selling quickly or maximizing profit. Can you afford the cost of moving?

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Pre-approval Debt-to-income ratio Equity Loans 110

HomeLight

MARCH 24, 2025

Who pays closing costs in a short sale? Can I hire any agent to handle my short sale? Find a Top Agent For Your Short Sale HomeLight data shows that top-performing agents sell homes more quickly and for more money than average agents. Find Agent 1. How does a short sale affect my credit score?

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Short sale Sales Equity Mortgages 94

Windemere Selling

MARCH 3, 2025

Look to your real estate agent for advice and keep the following guidelines in mind. 3 Know What You Want You and your real estate agent should both be clear about the house you want to buy. Your agent is there to advise you, but you also need a home inspector to assess any hidden flaws, structural damage, or faulty systems.

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Pre-approval Inspection Closing costs Agents 75

The Close

NOVEMBER 25, 2024

This is considered the early stages of a home going into foreclosure. During this stage, the lender sends a Notice of Default to the homeowner, letting them know that legal action is being taken toward foreclosure. Real Estate Agents Investors can work with real estate agents with access to the MLS.

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Hard money loan Investor Loans Finance 96

RIS Media

MARCH 31, 2022

As a real estate broker or brokerage leader, it’s important to focus on and review what you’re offering to help your agents succeed. What feedback have your agents been giving you, and what do they feel could help them boost their business? Agents need to stay current on changes in the industry and their local market.

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Agents Brokerage Technology Closing costs 98

Redfin

JANUARY 10, 2025

The costs and scope of these upfront costs will vary depending on the type and condition of your property, but some major costs to consider are pre-sale home inspections , making repairs or upgrades, home photography, and staging. Subtract your estimated selling costs. Calculate your home equity.

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Seller concession Equity Closing costs Renovation 59

HomeLight

JANUARY 3, 2022

Whether you should use an iBuyer (instant buyer) vs. real estate agent to sell your home is a hot debate in some real estate circles. iBuyer vs. real estate agent summary. The main trade-off is that the offer could be less than what you’d get listing the home with an agent, and you’ll pay a fee for the iBuyer’s services.

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Agents Title Inspection Title search 105

The Close

APRIL 30, 2024

When it’s time for a price reduction, real estate agents must conduct market research and rely on the data. In contrast, a definite pro is that by making a price reduction, real estate agents will start to see increased activity on their listing and hopefully get it under contract quickly. Pricing real estate is an art and science.

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Agents Short sale Staging Sales 98

HomeLight

MAY 31, 2022

Next, we did some research and spoke with Jesse Allen , a top agent who sells over 50% more quickly than the average Jeffersonville , Indiana, agent, in order to break down how to calculate how much money you might walk away with after selling your home. Real estate agent commissions or fees: Averaging 5.8%

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Seller concession Closing costs Staging Sales 124

HomeLight

MAY 31, 2022

According to the Association of Real Estate License Law Officials (ARELLO), there are over 3 million real estate agents with active licenses in the United States, so how do you find a great one? Finding the right real estate agent to sell your biggest investment can feel like a crapshoot if you don’t know what to look for.

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Agents Days on market Closing costs Sales 105

HomeLight

APRIL 19, 2022

The role of a real estate agent is constantly evolving. Whether it’s adapting to new technology or keeping up with the changing markets, real estate agents have to be on their toes and willing to adjust to an ever-changing landscape. Real estate agents are facing competition. We don’t think so. Let’s take a closer look at both.

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Agents Marketing Closing Technology 122

RIS Media

OCTOBER 29, 2020

Closing Costs. Many of these will need to be paid at closing. Sometimes sellers are willing to help with closing costs to make things easier for the buyer. The costs don’t end once you’ve bought the home; you still need to pay to move in. There are many fees to pay when buying a home.

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Pre-approval FHA loan Inspection Closing costs 140

HomeLight

JUNE 14, 2022

Let’s look at what you need to consider when determining the cost to sell a house in Seattle. Ann Nordling , a top real estate agent from Seattle who works with over 70% more single-family homes than the average area agent, notes the cost to sell a house in Seattle will vary on a case-by-case basis within a changing market.

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Seller concession Closing costs Agents Closing 119

HomeLight

FEBRUARY 28, 2022

Partner with a top real estate agent to sell your home fast. Here are a few ways that a real estate agent can help you sell your house fast: Running comps to see what similar homes in your area have sold for. Real estate is a full-time job, so most people choose to hire an agent to help with both a fast sale and a fast purchase.

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Staging Agents Closing costs Sales 114

HomeLight

JANUARY 27, 2022

This is where enlisting help from a top real estate agent comes in handy. According to HomeLight’s data, the top 5% of real estate agents across the U.S. sell homes for as much as 10% more than the average real estate agent. million real estate agents in the U.S., picking the right agent can feel, well, overwhelming.

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Agents Staging Sales As-is 105

HomeLight

SEPTEMBER 27, 2022

Nevertheless, Gina Candelario , a top agent who works with 78% more single-family homes than the average San Antonio, Texas, agent, says sales are good and it’s still a seller’s market. To illustrate, if you sold your Texas Craftsman home for $325,000, the seller’s costs could range from $22,750 to $26,000.

Seller concession 98

Seller concession Closing costs Homeowner’s association Title 98

HomeLight

MAY 3, 2023

“Depending on the price range of the home, I tell my clients that they need to be ready to spend 9%–10% of the sale price on selling costs, including the real estate agent commission and closing costs,” says Joanne McCoy , a top-selling real estate agent in Lincoln, Nebraska. of the property sales price.

Seller concession 111

Seller concession Purchase and sale agreement Inspection Title 111

HomeLight

AUGUST 17, 2022

To get you all the tips for buying a new construction home , we did the research and got insights from Daniel Real , a top agent in Modesto, California , so you can walk through the process with the information you need to help it move as smoothly as possible. Find a buyer’s agent who works with new construction. Find a Buyer's Agent.

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New Construction Construction Agents Inspection 124

HomeLight

OCTOBER 9, 2024

In this post, we share 20 tips used by top real estate agents to show you how to sell a house fast in a slow market. A Top Agent Can Help Top real estate agents can help sell your home more quickly than average. HomeLight’s Agent Match platform can connect you with top agents in your area. Find Agent 1.

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Purchase and sale agreement Inspection Marketing Seller disclosure 105

The Close

SEPTEMBER 19, 2024

By mastering these techniques and learning from real estate counteroffer examples, agents can ensure that buyers and sellers achieve mutually beneficial agreements. By tailoring these terms, the seller sends a clear message about what adjustments would make the offer more acceptable, setting the stage for further negotiation.

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Purchase and sale agreement Agents Inspection Home sale contingency 97

HomeLight

DECEMBER 2, 2021

We detail what costs you’re likely to incur and what sellers pay on average. Kentucky-based Dianna Caldwell , a seasoned agent with 16 years of industry experience under her belt, gave us a rundown of seller costs and what homeowners should budget before they sit down to the closing table. Home staging and preparation.

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Seller concession Staging Inspection Renovation 122