article thumbnail

Portrait of a pre-foreclosure peacemaker

Housing Wire

My mom and stepdad went into pre-foreclosure,” said Sandoval, a real estate agent and investor who specializes in working in low-income, often Latino neighborhoods in Southern California. “I Sometimes the seller wants one month rent back. When this happens, Sandoval works with the owner to provide a graceful exit.

article thumbnail

It’s a seller’s market: What does that mean for contingencies?

Housing Wire

They might ask to rent back their home for a certain amount of time, hold off the deal until they find a new home, or ask you to assume a solar panel lease or loan, if there’s one in place. If they get a better deal or an offer that doesn’t hinge on contingencies, they can back out and go with the new buyer instead of you.

Marketing 468
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What’s a Rent Back Deal? (And Two Other Reasons A Seller May Still Be in the House After Closing)

HomeLight

I’ve had people literally crying in the driveway, moving vans in the driveway, and the other people haven’t moved out yet,” recalls Nicole Solari , a top agent and first-time homebuyer specialist in Fairfield, California. We’ve got solutions and options for the specific scenario you face, whether it’s: You need to negotiate a rent-back.

Rent back 111
article thumbnail

5 Things Homebuyers Need To Know When Making an Offer

Keeping Current Matters

A skilled agent will do everything they can to help you stay on top of every possible opportunity. And, as soon as you find the right home for your needs, that agent will help you draft and submit your best offer as quickly as possible. Lean on a Real Estate Professional. Half of the homes are being sold above list price.”.

article thumbnail

Listing agents: Don’t ghost your sellers

Real Trends

When you’re the listing agent: Please don’t list and ghost. Keep that person looped in on the progress of the showing and offer period so that they can update interested buyers and their agents with up-to-date information, as dictated by your client. . It all rolls down from the listing agent, every time.

Agents 104
article thumbnail

Ideal Agent Reviews: Is the Discount Realtor Referral Service Worth it?

HomeLight

If you’ve been looking for “discount agents” or “low commission real estate agents,” Ideal Agent has probably popped up in a search. The company says that their agents will accept a lower commission and still do a great job. What is Ideal Agent? What is Ideal Agent? Full-time agents, not hobbyists.

Agents 105
article thumbnail

Why Hire a Real Estate Agent? 11 Reasons Why Buyers Should Work With A Pro

HomeLight

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. Yes, you can buy a house without the aid of a real estate agent. An agent is your advocate. And lots more!

Agents 115