Remove Branding Remove Closing Remove Seller concession
article thumbnail

Reverse purchase financing: The financing option no one is talking about

Housing Wire

Recently, Interested Party Contributions (or seller concessions) have been allowed with HECM for Purchase loans. This is a huge boon for the program as seller concessions have not been allowed within the FHA-insured program since its inception. stares down the barrel of a considerable economic downturn.

Finance 482
article thumbnail

Show up, don’t show off: Laura O’Connor is redefining success in real estate

Housing Wire

While these are important and have a place in marketing an agent or a brand, I think of these as “showing off.” Partnerships, which are all about relationships, are important for any business owner, whether that is at the brand, brokerage or agent business level. They are focused on a “look at me, aren’t I great” message.

Branding 435
Insiders

Sign Up for our Newsletter

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

article thumbnail

Top LO Ben Cohen thinks first time buyers will return to the housing market this year

Housing Wire

Kim: So would you say it’s a seller’s market right now? I ask because we’re seeing a lot of seller concessions, such as temporary rate buydowns offered to buyers. . I would almost classify it as a seller’s market, because sure, they might not have 20 people who want to buy that home like they did 18 months ago.

article thumbnail

11 Things to Do Before Listing Your Home That Are Worth the Effort

HomeLight

We’re here to help you prioritize the big stuff with these recommendations for impactful pre-listing tasks that will resonate with buyers, plus a suggestion for materials and paperwork to gather now to help prevent closing delays. Make sure the windows open and close, and repair any that stick. Seller concessions.

article thumbnail

How to Sell a House By Owner in Louisiana: A Pelican State FSBO Guide

HomeLight

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. In an agent-assisted sale, the seller typically pays a commission amounting to around 6% of the sale price, which is then most often split 50/50 with the buyer’s agent. Transactions.

MLS 105
article thumbnail

14 Mistakes to Avoid When Selling a House in a Recession

HomeLight

Peters explains that a house reaches its peak of value on the first day listed because it’s brand new at that point. Trusting a brand new or part-time real estate agent with one of your largest assets, because they’re a friend of a friend, is a common mistake that will usually help them more than you. How Much Is Your Home Worth Now?