Housing Wire

MARCH 25, 2024

During a virtual open house hosted by Keller Williams to answer agent and broker questions about the settlements in the commission lawsuits , the overwhelming message was for real estate professionals to focus on what they can control. Seller concessions is money that is being given by the seller directly to the buyer,” Papasan said.

Purchase and sale agreement 468

Purchase and sale agreement Agents Seller concession MLS 468

Housing Wire

NOVEMBER 20, 2023

Real estate agents are facing a contracting issue that could seriously upend the traditional housing landscape. Under current guidelines, sellers pay a 5-6% commission on a sale which is split between the buyer and listing agents. But what happens if consumers pivot away from buyer agents altogether?

Pre-approval 481

Pre-approval Agents Loan Officer Seller concession 481

Housing Wire

AUGUST 19, 2024

But even though O’Koniewski and her agents have spent months preparing for these changes, she said the date did not come without a sense of trepidation. “I Not that individual agents might be struggling or running into things, but I haven’t seen or heard any horror stories or anything awful yet.” I know quite a few agents it hurt.

Purchase and sale agreement 476

Purchase and sale agreement Agents MLS Seller concession 476

Housing Wire

NOVEMBER 5, 2024

The removal of offers of buyer broker compensation from most MLSs across the country — as mandated by the National Association of Realtors’ (NAR) commission lawsuit settlement agreement — was a massive change for real estate agents and brokers. 17 changes , many considered it best practice to contact an agent and verify this information.

Seller concession 370

Seller concession MLS Agents Sales 370

Housing Wire

SEPTEMBER 18, 2024

Dawn Pfaff is a free-market evangelist, and that informs how she runs MyState MLS. Reasons for opting out At the heart of the matter are NAR rules that, prior to the March 2024 settlement, required listing agents to make blanket offers of compensation to buyer agents on Realtor association-owned MLSs.

MLS 482

MLS Brokerage Seller concession Agents 482

RIS Media

JULY 30, 2024

In May 2024, the California Regional MLS (CRMLS) launched a new feature on its website called, “Concessions in Price.” This allowed listing agents to input and advertise the concessions, and contributions to the buyer’s cost burden, that their seller is willing to make.

Seller concession 119

Seller concession MLS Agents Industrial 119

RIS Media

MARCH 1, 2024

A new Bright MLS survey of 450-plus agents indicated that seller concessions have increased in the Mid-Atlantic housing market. Those interviewed consisted of agents who have worked with sellers in the past six months across the Bright footprint.

Seller concession 128

Seller concession Marketing MLS Agents 128

Inman

MAY 29, 2024

The change allows listings in the California Regional Multiple Listing Service to display whether a homeseller is willing to offer concessions in price — including to cover broker fees.

Seller concession 183

Seller concession MLS Brokerage Agents 183

Inman

JULY 29, 2024

California Regional MLS will continue to allow agents to indicate whether sellers will consider concessions but will no longer have the option to specify a dollar amount or percentage.

Seller concession 151

Seller concession MLS Agents 151

Inman

JULY 17, 2024

California Regional MLS's general counsel talks offers of compensation, seller concessions, steering and buyer agency agreements ahead of his appearance at Inman Connect Las Vegas.

Seller concession 194

Seller concession MLS Brokerage Agents 194

RIS Media

MAY 30, 2024

Beyond the policy changes required by the NAR settlement, Bright MLS has announced a set of system changes to ease subscriber use to help them navigate through the upcoming new normal.

MLS 126

MLS Seller concession Industrial Technology 126

Inman

MAY 30, 2024

In response to NAR's proposed settlement, the nation's second largest MLS will add data fields on June 11 allowing sellers to signal they're willing to offer buyer concessions when they list a home.

MLS 190

MLS Seller concession Brokerage Agents 190

Inman

JULY 18, 2024

The attorney and broker dives into the nuances of seller concessions, steering, buyer agents' jobs, and avoiding future antitrust trouble ahead of his appearances at Inman Connect Las Vegas.

Seller concession 172

Seller concession Industrial Agents MLS 172

Inman

JANUARY 26, 2024

At Inman Connect, Ed Zorn proposed mandating buyer representation agreements, killing the MLS compensation field, adding a concession field, and creating a fund to pay out settlements.

MLS 178

MLS Seller concession Brokerage Agents 178

HomeLight

JANUARY 29, 2021

Additional closing costs may include any seller concessions, attorney fees, and the buyer’s agent’s commission. Beyond these closing costs, FSBO sellers cover expenses normally included in a listing agent’s commission, such as marketing costs. You’re still likely on the hook for the buyer’s agent commission.

Closing costs 98

Closing costs Closing Seller concession Title search 98

BAM Media

OCTOBER 21, 2024

BAM Key Details: According to the newest consumer guide from the National Association of Realtors®, one of the first steps for sellers in working with an agent is negotiating and signing a listing agreement outlining the agent’s services, representation, and compensation.

Seller concession 98

Seller concession MLS Agents As-is 98

Inman

SEPTEMBER 9, 2024

While most reported normal activity in the weeks after the commission rules took effect, some saw an uptick in listing clients refusing to pay buyers' fees, new Inman Intel Index results show.

Agents 179

Agents Seller concession MLS Brokerage 179

HomeLight

JULY 25, 2022

Jesse Allen is an experienced agent who sells homes 52% faster than the average agent in Clarksville, Indiana. While sellers can save money on that side of the transaction, he cautions that they’re still paying the buyer’s agent commission of 2%-3% at closing. home sales, commissions average around 3% for each agent.

MLS 110

MLS Brokerage Agents Seller concession 110

HomeLight

JUNE 29, 2022

Once upon a time, the only place you could find property data was the MLS (multiple listing service) , a series of private databases real estate professionals use to share listing information among one another and broker deals. Agents — and appraisers — use these factors to identify comps. Real Estate Agent. Collier Swecker.

MLS 111

MLS Seller concession Sales Agents 111

HomeLight

MARCH 13, 2022

We’ll also provide a comprehensive overview on the full process to prep, market, and close on your home without the assistance of a real estate agent. Find a Top-Rated Real Estate Agent Near You. FSBO listings statistically sell for less than agent-assisted sales. That 6% is deducted from the seller’s proceeds at closing.

MLS 105

MLS Agents Mortgage pre-approval letter Sales 105

HomeLight

OCTOBER 11, 2022

We’ll also provide a comprehensive overview of the full process to prep, market, and close on your home without the assistance of a real estate agent. FSBO is a method of selling your home without the involvement of a listing agent. That 6% is deducted from the seller’s proceeds at closing. less than agent-marketed sales.

Purchase and sale agreement 110

Purchase and sale agreement MLS Agents Sales 110

HomeLight

OCTOBER 11, 2022

We’ll also provide a comprehensive overview of the full process to prep, market, and close on your home without the assistance of a real estate agent. FSBO is a method of selling your home without the involvement of a listing agent. That 6% is deducted from the seller’s proceeds at closing.

MLS 111

MLS Purchase and sale agreement Pre-approval Agents 111

HomeLight

FEBRUARY 19, 2023

According to Creston Inderrieden, an Elite Agent in Houston , Texas, this will ensure they don’t end up surprised when home prices are higher than initially expected — something that can be difficult to determine simply by driving around. Realtors have access to different online sites that buyers and sellers are not privy to,” she says. “I

MLS 104

MLS Seller concession Agents Sales 104

HomeLight

MAY 25, 2023

We’ll also provide a comprehensive overview of the full process to prep, market, and close on your home without the assistance of a real estate agent. If you don’t have the time or expertise to list your home FSBO, partner with a trusted, top agent in your North Carolina market. Unsure about selling FSBO in North Carolina?

MLS 105

MLS Pre-approval Agents Sales 105

HomeLight

APRIL 27, 2023

We’ll also provide a comprehensive overview of the full process to prep, market, and close on your home without the assistance of a real estate agent. If you don’t have the time or expertise to list your home FSBO, partner with a trusted, top agent in your Utah market. That 6% is deducted from the seller’s proceeds at closing.

MLS 104

MLS Agents Sales Mortgage pre-approval letter 104

HomeLight

MAY 1, 2023

We’ll also provide a comprehensive overview of the full process to prep, market, and close on your home without the assistance of a real estate agent. If you don’t have the time or expertise to list your home FSBO, partner with a trusted, top agent in your Mississippi market. That 6% is deducted from the seller’s proceeds at closing.

MLS 102

MLS Agents Sales Mortgage pre-approval letter 102

HomeLight

DECEMBER 13, 2022

We’ll also provide a comprehensive overview of the full process to prep, market, and close on your home without the assistance of a real estate agent. If you don’t have the time or the expertise to list your home FSBO, working with a top agent in Virginia could be your best bet. Real Estate Agent. Get Started. . Keri Shull.

Purchase and sale agreement 105

Purchase and sale agreement MLS Agents Sales 105

HomeLight

MAY 1, 2023

We’ll also provide a comprehensive overview of the full process to prep, market, and close on your home without the assistance of a real estate agent. If you don’t have the time or expertise to list your home FSBO, partner with a trusted, top agent in your Maryland market. Unsure About Selling FSBO in Maryland?

MLS 100

MLS Agents Mortgage pre-approval letter Sales 100

HomeLight

OCTOBER 1, 2022

We’ll also provide a comprehensive overview of the full process to prep, market, and close on your home without the assistance of a real estate agent. FSBO is a method of selling your home without the involvement of a listing agent. That 6% is deducted from the seller’s proceeds at closing. less than agent-marketed sales.

MLS 111

MLS Pre-approval Agents Sales 111

HomeLight

NOVEMBER 10, 2022

We’ll also provide a comprehensive overview of the full process to prep, market, and close on your home without the assistance of a real estate agent. FSBO is a method of selling your home without the involvement of a listing agent. That 6% is deducted from the seller’s proceeds at closing. less than agent-marketed sales.

Purchase and sale agreement 105

Purchase and sale agreement MLS Agents Pre-approval 105

HomeLight

APRIL 13, 2023

If you don’t have the time or the expertise to list your home FSBO, working with a top agent in Kansas could be your best bet. We analyze over 27 million transactions and thousands of reviews to determine which agent is best for you based on your needs. That 6% is deducted from the seller’s proceeds at closing.

MLS 105

MLS Agents Sales Mortgage pre-approval letter 105

HomeLight

APRIL 27, 2023

We’ll also provide a comprehensive overview of the full process to prep, market, and close on your home without the assistance of a real estate agent. If you don’t have the time or expertise to list your home FSBO, partner with a top agent in your Kentucky market. That 6% is deducted from the seller’s proceeds at closing.

MLS 95

MLS Agents Sales Mortgage pre-approval letter 95

HomeLight

NOVEMBER 21, 2022

We’ll also provide a comprehensive overview of the full process to prep, market, and close on your home without the assistance of a real estate agent. If you don’t have the time or the expertise to list your home FSBO, working with a top agent in Louisiana could be your best bet. Get Started.

MLS 105

MLS Agents Sales Land 105

HomeLight

OCTOBER 14, 2022

We’ll also provide a comprehensive overview of the full process to prep, market, and close on your home without the assistance of a real estate agent. FSBO is a method of selling your home without the involvement of a listing agent. That 6% is deducted from the seller’s proceeds at closing.

Purchase and sale agreement 110

Purchase and sale agreement MLS Seller disclosure Agents 110

The Close

FEBRUARY 20, 2024

Standout sellers: Sellers (and their agents) must focus on marketing, repairs, and competitive pricing to stand out and snag offers. Preparation and presentation: Sellers should focus on depersonalizing and decluttering their homes to appeal to a wide range of buyers. Pricing can fluctuate rapidly in a seller’s market.

Marketing 95

Marketing Debt-to-income ratio MLS Pre-approval 95

HomeLight

APRIL 26, 2023

We’ll also provide a comprehensive overview of the full process to prep, market, and close on your home without the assistance of a real estate agent. If you don’t have the time or expertise to list your home FSBO, partner with a trusted, top agent in your Alabama market. That 6% is deducted from the seller’s proceeds at closing.

MLS 97

MLS Agents Sales Closing 97

HomeLight

DECEMBER 6, 2022

We’ll also provide a comprehensive overview of the full process to prep, market, and close on your home without the assistance of a real estate agent. If you don’t have the time or the expertise to list your home FSBO, working with a top agent in Oregon could be your best bet. That 6% is deducted from the seller’s proceeds at closing.

MLS 105

MLS Agents Sales Inspection 105