Housing Wire

JANUARY 17, 2024

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.

Finance 482

Finance Seller concession Loan Officer Loans 482

Housing Wire

AUGUST 30, 2024

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

Branding Agents Technology Seller concession 435

Housing Wire

JANUARY 13, 2023

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.

Pre-approval 418

Pre-approval Marketing Seller concession Mortgages 418

HomeLight

NOVEMBER 10, 2021

Unless they’re buying brand-new construction , buyers consider your home “used” and wonder how soon they’ll have to replace or repair something, such as a major appliance. Sellers typically pay between 6%-10% of the final sale price in closing costs to cover: Agent commissions. Seller concessions. Prorated property taxes.

Inspection 122

Inspection Title Seller concession Renovation 122

HomeLight

NOVEMBER 21, 2022

Not having agent representation could also lead to paying more in seller concessions. Sometimes a roof looks like it’s in rough shape and really it’s just dirty because we’re so humid – we have so much humidity down here – and if you soft wash your roof it can look brand new. Marketing your home is time-consuming.

MLS 105

MLS Agents Sales Land 105

HomeLight

SEPTEMBER 15, 2022

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?

Seller concession 111

Seller concession Inspection Agents Renovation 111