Housing Wire

SEPTEMBER 8, 2023

Much of that average time to close tends to pile up in the title and settlement stage of the process. More than a few real estate agents have come to dread calling the closing company to find out when they can close. Even many real estate professionals can’t really tell consumers what’s going on during that period.

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Title Purchase and sale agreement Technology Closing 418

Housing Wire

DECEMBER 8, 2023

Are you looking to get licensed as a real estate agent in Arizona? Prospective Arizona real estate agents must fulfill a 90-hour prelicensing program from an Arizona Department of Real Estate (ADRE)-approved school and pass a six-hour contract writing course , for a total of 96 class hours. out of 5 stars Rating: 4.5 out of 5.

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HR Purchase and sale agreement Pre-approval Staging 434

Toronto Realty Blog

NOVEMBER 4, 2024

But as I write this blog post (over the weekend), I can only guess as to how October sales will look. In my monthly “TRREB Stats” blog post, I always examine three essential statistics in our real estate market: price, sales, and new listings. That , in my opinion, is the number-one reason why sales are slow right now.

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Sales Purchase and sale agreement Agents Pre-approval 106

Toronto Realty Blog

NOVEMBER 14, 2024

If a property sold for $2,000,000 but there was $100,000 worth of chattels included, then we would want the historical MLS to reflect this so we can continue to accurately evaluate properties via “comparable sales.” Could the listing agent not have waited five seconds for her to move? What about virtual staging ?

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MLS Purchase and sale agreement Staging Agents 98

Redfin

MARCH 7, 2025

Comparable sales (comps) Reviewing recent sales of similar homes in your area, called real estate comps , helps determine a fair listing price. How to price your home for sale A good starting point is to get your Redfin Estimate , which gives you a ballpark figure of what your home is worth and what price you could sell your house for.

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Sales Purchase and sale agreement Pre-approval Agents 66

HomeLight

JANUARY 17, 2024

Buying a house is a major milestone, but what happens when you have second thoughts, or you can’t fulfill the agreement you signed? Backing out of a home purchase isn’t a decision made lightly, yet it’s a scenario that buyers might face. But what’s the real meaning of backing out of a home purchase?

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Purchase and sale agreement Debt-to-income ratio Title search Finance 111

HomeLight

MAY 27, 2021

When you signed the listing contract to put your house on the market, you had high hopes for a quick sale. And now you’ve realized that even the listing agreement with your agent has expired. And now you’ve realized that even the listing agreement with your agent has expired. Where does that leave you?

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Purchase and sale agreement Staging Agents Brokerage 105

Realtor.com

DECEMBER 6, 2021

With an offer in hand, you might be asking what commission an agent would receive if the agent were to get involved at this stage of the home-selling process. We’ve broken down the home-selling process into steps to see what an agent could help you with. Watch: 5 Things to Do Before Listing Your Home for Sale.

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Purchase and sale agreement Agents Title Closing 116

HomeLight

JANUARY 28, 2022

Most real estate agents get paid through commissions. Commissions are typically calculated as a percentage of a property’s sale price, though some brokerages will charge a flat fee. The average real estate agent commission rate nationwide is 5.8% The average real estate agent commission rate nationwide is 5.8% Find Agent.

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Agents Purchase and sale agreement Brokerage MLS 119

The Close

MARCH 13, 2025

Selling a house with tenants in place can add an extra layer of complexity to the sale of an investment property. For a smooth sale, you will want to do all you can to minimize the impact on the tenant while maximizing your profitability during the sale. Knowing the type of lease will help you determine your legal options.

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Investor Purchase and sale agreement Staging Sales 52

HomeLight

JUNE 28, 2022

If you’re selling or buying a home, you may be wondering what kind of agent you need to hire. What’s the difference between a buyer’s agent, a listing agent, a seller’s agent, a Realtor®, and a broker? What qualifies an agent to meet your unique homeownership needs? Real Estate Agent. Transactions.

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Purchase and sale agreement Agents Brokerage Backup offer 110

Toronto Realty Blog

JANUARY 27, 2023

The letters “SC” on an MLS listing mean the property is “sold conditionally,” and agents not only know this, but are quite accustomed to seeing it on listings. An agent in my brokerage asked this last week. SCE What in the world is that? But what the heck is SCE? “Is that a typo?

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Purchase and sale agreement Sales MLS Closing 98

HomeLight

FEBRUARY 4, 2022

If you haven’t purchased a home before, you probably have lots of questions about the process. And if you’ve recently overheard a work colleague gloating about how they easily bought a house without a real estate agent, one of those questions might be whether you actually need to hire an agent at all. And lots more!

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Agents Purchase and sale agreement Due diligence Inspection 115

RIS Media

AUGUST 10, 2021

Here are some proven sales strategies to help drive your agent’s success every day and week, setting more appointments, converting more leads and making more sales happen for your team and for themselves. Teach your agents to have a relentless focus on setting a certain number of listing appointments every week.

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Sales Purchase and sale agreement Agents Staging 98

HomeLight

FEBRUARY 27, 2021

According to HomeLight’s transaction data analysis, the national average real estate agent commission rate is 5.8% of the final home sale price. So, who pays for real estate agent commission? In the National Association of Realtors’ (NAR) 2020 survey, 77% of sellers reported that they paid for the agents’ commission.

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Agents Purchase and sale agreement Staging MLS 98

The Close

SEPTEMBER 19, 2024

These negotiation strategies are vital elements of real estate transactions and often determine the success or failure of a property sale. By mastering these techniques and learning from real estate counteroffer examples, agents can ensure that buyers and sellers achieve mutually beneficial agreements.

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Purchase and sale agreement Agents Inspection Home sale contingency 97

HomeLight

OCTOBER 9, 2024

The sale of a home is often attached to big life changes stamped with a deadline. Even in an active housing market, timing your sale can be challenging. 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. Find Agent 1. Looking to Sell Fast?

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Purchase and sale agreement Inspection Marketing Seller disclosure 105

HomeLight

MARCH 23, 2021

You may wonder, what does a real estate agent even do? According to the National Association of Realtors®, 88% of homebuyers purchased their home in 2020 through a real estate agent , and for good reason. Real estate agents are essential advocates through the homebuying process. What is a real estate agent?

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Agents Purchase and sale agreement Inspection MLS 105

Redfin

AUGUST 4, 2021

Keeping track of the differences between a listing agent, selling agent, seller’s agent, and even buyer’s agent can be a bit challenging, so learning to quickly recognize what these terms refer to in real estate can help you move forward confidently with buying or selling your home. What is a listing agent?

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Agents Purchase and sale agreement Inspection contingency Title 74

HomeLight

SEPTEMBER 15, 2021

Even if you’re listing your home without a Realtor’s® help, you’ll still need to gather the necessary paperwork for the sale and fill it out correctly. We hope it helps illuminate this tricky part of the sale, while giving you an honest idea of just how complex real estate transactions can be! Original sale contract.

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Purchase and sale agreement Inspection Title Pre-approval 116

HomeLight

AUGUST 30, 2021

Or maybe, you signed a purchase agreement with a real estate agent and have heard nothing but crickets since. Run through our list of checkpoint questions below to determine if your real estate agent is fulfilling their obligations. Does your real estate agent answer your calls, texts, and emails within 24 hours?

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Purchase and sale agreement Earnest money deposit Agents Staging 105

HomeLight

NOVEMBER 30, 2022

With this shifting landscape in mind, arguably the most important first step in your homebuying journey is knowing how to pick a real estate agent. According to a National Association of Realtors report, 86% of buyers said their agent was a useful source of information when navigating the homebuying process. Get Started.

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Agents Purchase and sale agreement Technology Seller concession 111

Realty Biz

DECEMBER 15, 2022

These days, having a neutral third party to make sure everyone is satisfied with the sale and purchase can give both buyer and seller more peace of mind. . Many home buyers and sellers know that escrow is a financial arrangement with a third party who holds money or other property until the terms of the sale are complete.

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Purchase and sale agreement Inspection Title Finance 127

HomeLight

JANUARY 5, 2022

Unlike taking your house off the market , withdrawing from a purchase contract can cost you big time. In this blog, we explain under what circumstances a seller may cancel a home purchase agreement. Why might a seller want to back out of a home sale? But are you stuck? Not necessarily.

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Purchase and sale agreement Backup offer Inspection Agents 111

HomeLight

MAY 2, 2023

Most real estate agents in California get paid through commissions. Commissions are typically calculated as a percentage of a property’s sale price, though some brokerages will charge a flat fee. The average agent commission rate nationwide is 5.8% As top San Francisco Bay area agent Carl Medford explains, “Typically, 2.5%

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Purchase and sale agreement Agents Staging Brokerage 110

HomeLight

JANUARY 18, 2024

There is a chance that you’ll come across the “time is of the essence clause” in your purchase agreement. Find a Top Agent With Experience in Contingency Offers If you need to make an offer on a home with contingencies, you’ll want a top agent by your side who can avoid pitfalls and secure the home you want.

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Purchase and sale agreement Inspection Closing Staging 111

Realtor.com

OCTOBER 29, 2020

Most purchase agreements have contingencies —things that buyers must do before the real estate transaction is official, explains Jimmy Branham , a Coral Springs, FL, real estate agent at the Keyes Company. If something is wrong, you can request that it be fixed—or you can back out of the sale. Clear the title.

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Closing Earnest money deposit Inspection contingency Purchase and sale agreement 139

Redfin

MARCH 4, 2025

In this Redfin article, well review the real estate forms you should get ready at each stage in the process of selling your home. Of course, you may need specific paperwork depending on your situation or local laws in your area, so be sure to consult with your real estate agent or attorney during the home selling process.

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Purchase and sale agreement Title Inspection Pre-approval 31

RIS Media

OCTOBER 4, 2021

(TNS)—As you prepare to finalize a home purchase, there’s an important step to take before the closing: the final walkthrough. A final walkthrough is an opportunity for you, as the homebuyer, to visit and assess the property you’re purchasing before the closing. What Is the Final Walkthrough Before Closing? are working properly.

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Closing Purchase and sale agreement Inspection Staging 105

GeekEstate

OCTOBER 29, 2021

This market map real estate technology companies operating across every phase of the home purchase value chain. These companies have collectively raised more than $30B in venture capital, and range from seed stage businesses to public companies. Novel real estate agent and brokerage models.

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Technology Marketing Purchase and sale agreement Equity 136

HomeLight

MARCH 31, 2022

Early 2022 data from Florida Realtors® indicates a 23% increase in median sales price and a 33.3% With such impressive sales figures, some Florida sellers may be curious about how to sell a house by owner in Florida — a decision that could help them save on agent commissions. drop in median time on the market. Get Started.

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Purchase and sale agreement Inspection Title Inspection contingency 111

HomeLight

MARCH 31, 2022

price increase , pushing median sale prices to upward of $350,000. With such impressive sales figures, some sellers may be curious about how to sell a house by owner in Arizona — a decision that could help them save on agent commissions. Median sales price: $449,900 (Feb. 2022 , a 28.5% increase from the year.

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Purchase and sale agreement Inspection Inspection contingency MLS 110

HomeLight

JANUARY 3, 2023

Year-over-year, monthly sales in the Phoenix metro area were down nearly 25%. Sellers who may have been wondering about how to sell a house by owner in Colorado during the hot seller’s market of 2021-2022 may now face stronger headwinds and more discerning buyers, according to top real estate agents surveyed by HomeLight.

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Purchase and sale agreement Inspection Inspection contingency MLS 115

HomeLight

MARCH 31, 2022

Selling a house often goes something like this: You’re halfway through sorting a random box of clutter when your real estate agent calls and reminds you that she needs a copy of your property survey. Contact a real estate agent about one to three months in advance of when you want. Real Estate Agent. Real Estate Agent.

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Purchase and sale agreement Title Inspection Agents 122

HomeLight

MAY 27, 2021

In a home sale, the occupancy date is when a buyer has the legal right to move into their newly purchased home. We asked top Washington real estate agent Greg Barkley , who sells homes 19% quicker than the average Spokane agent, about how mix-ups around occupancy dates affect sellers. When do you have to move out?

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Purchase and sale agreement Closing Staging Loans 100

HomeLight

APRIL 21, 2022

Marketing your home “for sale by owner” (known as FSBO ) or selling to an iBuyer (instant buyer) like Opendoor or Offerpad are options that may seem to prioritize profit and speed, respectively. Depending on the time of year and sales in your area, the season may impact your profit potential even more. What factors come into play here?

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Purchase and sale agreement Staging Agents Home sale contingency 115

HomeLight

JANUARY 21, 2025

As a first-time seller, youre likely familiar with the home sale process from when you were on the buyers side of the table. Our expert-backed primer, with input from top-selling Phoenix-based agent Dave Zajdzinski , will brief you on common, unexpected situations first-time sellers encounter. Find an Agent 1.

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Sales Purchase and sale agreement Inspection Closing 95