HomeLight

OCTOBER 5, 2020

But what if it’s a different kind of sale … for example, how much should you offer on a short sale? Enter the short sale : a solution for the seller, and a special opportunity for a buyer. What’s a short sale? Short sales are unique because they require the approval of the seller’s lender.

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Short sale Sales Banks Due diligence 92

HomeLight

OCTOBER 11, 2021

You’re on the hunt for a new home, and in addition to aligning yourself with an experienced agent , you’re also probably spending a lot of time perusing various real estate sites and researching available homes in your area. You see a house you love, but the listing shows that it is an “active pending short sale.”. Wait, what?

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Short sale Sales Banks Backup offer 101

HomeLight

MARCH 30, 2021

You may have heard a little bit about short sales — enough to know that this type of real estate listing can present some opportunities to get a good deal. But while short sales offer potential opportunities , they come with plenty of potential pitfalls as well. Know if a short sale is the best option for you.

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Short sale Sales Pre-approval Closing costs 80

HomeLight

JULY 6, 2023

That’s why it’s important for your real estate agent to keep your property’s status up to date, both in the multiple listing service (MLS) that agents cooperatively use, as well as in online marketplaces, which pull data from the MLS. contingent,” so you can present your home accurately and still meet your selling goals.

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MLS Backup offer Inspection contingency Purchase and sale agreement 105

The Close

FEBRUARY 19, 2025

Whether youre a new or experienced real estate investor, you may have asked, What is a real estate short sale? The simple answer is that a short sale is when a homeowner owes more for their home than its current market value and puts it up for sale. What Happens in a Real Estate Short Sale?

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Short sale Sales Due diligence Purchase and sale agreement 52

Housing Wire

DECEMBER 13, 2021

The National Rental Home Council data raises questions about why corporate single-family home ownership is a focus for some real estate agents , and, well, journalists in diagnosing the housing market’s ills. Certainly, the great financial crisis accelerated the growth and development of the single-family home industry.

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Investor Industrial As-is Marketing 435

Lab Coat Agents

APRIL 8, 2022

One of the most frequently asked questions at LCA is, “How much time should real estate agents spend on lead generation every day?” ” It is recommended by many successful real estate agents and some of the top real estate coaches that three hours of lead generation per day is what is needed for a six-figure business.

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Agents Short sale MLS Staging 98

HomeLight

JUNE 30, 2024

A Top Agent Can Help You Find A House You Can Afford We analyze millions of home sales to find buyer’s agents who will show you the right home at the right price. Agents don’t pay us to be listed, so you get the best match. Our service is 100% free, with no catch. Get Started What are foreclosure websites?

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Short sale Banks Investor Finance 115

HomeLight

AUGUST 31, 2021

You’re reading through a new MLS listing, and you believe you found your ideal home. But right as you’re about to call your real estate agent, you notice there’s a line in there that labels it a foreclosure. Let’s take a look at the most common foreclosure sales and how they work. Short sale. Pre-foreclosure.

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Pre-approval Short sale Banks Finance 111

Realty Biz

JANUARY 1, 2021

Today the process for finding foreclosed homes is nearly the same as searching traditional MLS home listings online. . To find homes in pre-foreclosure you can search sites that specialize in this or you can have an experienced local agent help you out. Short Sales . Jordan Matin, Portland Homes for Sale.

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Short sale Pre-approval Banks Loans 114

Realty Biz

MARCH 2, 2023

Check MLS Websites MLS platforms have some of the best bargains in the housing market. These websites include images and detailed descriptions of the houses for sale. Look at Short Sales or Foreclosures When the owner fails to pay their mortgage, the lender can take back the property and evict the occupants.

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Sales MLS Short sale Banks 120

HomeLight

OCTOBER 11, 2024

A Top Agent Can Help You Find A House You Can Afford We analyze millions of home sales to find buyer’s agents who will show you the right home at the right price. Agents don’t pay us to be listed, so you get the best match. This requires looking at MLS listings more closely and checking a few government records.

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MLS Sales Inspection Agents 111

Point2Homes

DECEMBER 8, 2020

Essentially, contingent listings still have contingencies to be fulfilled in order for the sale to go through, so the seller may still be open to other offers. Homes for sale may be subject to different contingent statuses, which may also be referred to differently, according to the individual multiple listing service (MLS).

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Purchase and sale agreement Backup offer Home sale contingency Short sale 145

HomeLight

MAY 28, 2021

By not understanding the difference between the various types of agents and their specialties, you could waste time looking at houses that aren’t quite right, or spend more money than you should have because your agent lacked the specialist knowledge needed for your search. Realtors® vs. agents vs. brokers. So let’s dig in.

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Agents Brokerage Design Short sale 105

The Close

DECEMBER 19, 2022

We have some tried-and-true ways to make more money as a real estate agent so you can build a thriving business no matter what. Ideally, form a team that includes a real estate agent, an attorney, a contractor, and a banker. 3 Types of Real Estate Investing Every Agent Needs to Know. Get Guaranteed Quality Leads.

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Agents Investor Property Management Development 105

HomeLight

FEBRUARY 4, 2022

Here’s a riddle for you: What do government websites, real estate agents, and a drive around the block have in common? This happens in one of two ways : through the local court or sheriff’s office in a judicial foreclosure, or through the mortgage company in a power of sale or non-judicial foreclosure. Barnett is one of these agents.

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Agents Banks MLS Title 104

HomeLight

MAY 10, 2021

For instance, an agent is an agent, right? While most agents work as either a buyer’s agent or listing agent depending on the particular transaction, some work regularly as buyer’s agents exclusively. If you’re a buyer, you don’t technically need to use a buyer’s agent. What is a buyer’s agent?

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Agents Inspection Brokerage Closing 105

HomeLight

APRIL 30, 2021

Your listing agent comes to you with a fairly thick package of paperwork and says: “Here’s the comparative market analysis (CMA) for your house — let’s talk about what we should sell it for.” So, we spoke with a couple of top agents in two different parts of the country to simplify it all for us. What goes into this process?

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Agents Marketing Due diligence Sales 100

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 83

Windemere Buying

AUGUST 16, 2023

That’s why it is so important to find an agent that can not only help you navigate the home search process while answering your questions and addressing your needs from start to finish. Most importantly, your agent should care about your happiness and ensuring that you find the right home for you. Working with a Buyer’s Agent 2.

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Agents Short sale MLS As-is 76

Realty Biz

MAY 8, 2023

Investing in real estate is not as simple as going to the MLS and finding what you want, as competition for housing is fierce in many cities. Non-market decision The Multiple Listing Service (MLS) does not list all properties for sale. MLS listing must be consulted. You may see features marked "Coming Soon" in the MLS.

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Marketing MLS Inspection Investor 97

The Close

OCTOBER 14, 2024

Real estate agents will benefit big time by creating a Zillow agent profile. Visit Zillow Step 1: Sign Up for a Free Zillow Account Zillow homepage sign-in (Source: Zillow ) On the Zillow Premier Agent (ZPA) landing page, click the blue “Get Started“ button below the text. Fill out the details in each window and click “Submit.”

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Agents Land Branding Sales 82

HomeLight

JULY 27, 2021

That person is a buyer’s agent. So, let’s think about this helpful real estate agent showing you around. The seller covers both the seller’s agent’s fees and the buyer’s agent’s fees in most cases. In fact, a 2020 NAR study found that 77% of sellers reported paying for agents’ fees. See that person?

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Purchase and sale agreement MLS Agents Brokerage 111

The Close

SEPTEMBER 4, 2020

Some of the most successful luxury real estate agents in the country struggled just as hard. That’s why we talked to 18 top-producing luxury real estate agents to learn how they got their first listing, how you can keep your funnel filled with seller leads, and their advice for buyer’s agents who want to become listing agents.

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Agents As-is Sales Development 111

Realty Biz

NOVEMBER 18, 2021

A Broker Price Opinion (BPO) is very similar to an appraisal except that a real estate broker (or agent) does it rather than a lender’s appraiser. A BPO is also similar to a comparative market analysis (CMA) that real estate agents use to suggest a listing price to a seller. Bank-owned property sale of a foreclosed property.

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Short sale Inspection Loans Banks 110

HomeLight

APRIL 30, 2021

A real estate agent performs a comparative market analysis, or CMA , before your home hits the market to help arrive at a decent asking price. Some agents charge from $100 to $200 for a CMA, says George Herring , a top real estate agent and single-family homes expert serving the Dallas, Texas, area. Actually, there is.

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Marketing MLS Agents Renovation 111

The Close

AUGUST 6, 2024

As their agent, you must also know how to protect your clients through the as-is selling process and understand the nuances such as navigating inspections and disclosures. A seller also may sell a home as-is at full market value, even if the repairs are minor, if they’re underwater on their mortgage, or if it is a short sale.

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As-is Agents Purchase and sale agreement Inspection 78

HomeLight

DECEMBER 9, 2021

But, unfortunately, an instant sale is that elusive unicorn a homeowner usually only dreams about. One of Cumberland County ’s top agents with 469 transactions under her belt, Kathryn Townsend , brings us back down to Earth and clarifies that a typical transaction can be wrapped up between 30 to 45 days. What is a quick home sale?

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Sales Short sale Agents Pre-approval 105

HomeLight

OCTOBER 27, 2021

“If you can get to a home as a preforeclosure before it goes into foreclosure, that’s the best route,” explains Donny Piwowarski , a top-selling agent who works with 84% more single-family homes than the average agent in his region of Tracy , California. “A In preparation for making your offer, talk to your agent about what seems fair.

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Purchase and sale agreement Inspection Homeowner’s association Title 110

HomeLight

AUGUST 25, 2020

That’s where selling a house off market can be the better option, says real estate agent Jim Griffin , a top real estate agent in Johnson City, Tennessee. By contrast, an off-market listing doesn’t ever appear on the MLS or get marketed to the broader public. “An How “off market” deals changed in 2020.

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Marketing MLS Pre-approval Sales 78

HomeLight

MARCH 30, 2022

In a HomeLight survey of top agents, 58% expect the upswing in cash offers to continue throughout 2022 as sellers want convenience, speed, and certainty. When you add in agent commissions, you could save an average of $31,000 in selling costs, according to HomeLight data. Keep it simple with HomeLight’s Simple Sale platform.

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Sales Investor Renovation Staging 111

HomeLight

AUGUST 16, 2021

You can look for these homes on the multiple listing service (MLS) or on various auction sites. But the best, most personalized and local way is to connect with a real estate agent in your area who has helped other buyers looking for this type of property. Finding REO homes: How the experts do it. Check them often. “In

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Banks Pre-qualification Investor Short sale 105

HomeLight

MAY 23, 2022

According to Indiana real estate agent Jesse Allen , the biggest reason he sees people try to sell their homes “as is” in Indiana is because they don’t have the funds to make any repairs and their property is in a state of disrepair. MLS has field to mark a listing “as is”? Real Estate Agent. Average days on market for Indiana.

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As-is Purchase and sale agreement Inspection Closing costs 118

HomeLight

SEPTEMBER 1, 2020

According to top Florida Real Estate agent Troy Walseth , who has 27 years experience under his belt, “You really can’t buy a ‘foreclosure.’ You can buy a short sale, or you can buy a bank-owned property — but the foreclosure is just what’s happening in the process.”. Step 1: Find the right agent.

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Banks Inspection contingency Inspection FHA loan 98

Marco Santarelli

DECEMBER 20, 2020

Let’s learn how to find investment properties for sale. How To Find Investment Properties For Sale: Search For Off-Market Deals. Once the property hits the MLS, you’re going to be in a bidding war with others considering buying the same property. When you search a site like realtor.com, you’ll be searching the MLS.

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Sales MLS Renovation Investor 80

HomeLight

MARCH 19, 2022

I tell my sellers that we are a team, and if they’ll do their part, I’m going to do my part,” says Brandi Abram , a top-selling real estate agent in Lawrence, Kansas. A Realtor® is not exactly the same thing as a real estate agent, though they’re similar. In fact, 82% of recent sellers hired the first agent they met.

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Closing Due diligence Staging Agents 105