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‘Find buyers before agents!’ Mortgage industry reacts to the NAR settlement

Housing Wire

Loan officers and mortgage executives expect home sellers and homebuyers to negotiate more aggressively on commission paid to buyer agents, potentially bringing costs down. He shows up for open houses and teaches courses at real estate brokerage firms, which allowed him to build relationships with agents throughout his career.

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Game of chicken: Private MLSs stare down DOJ over settlement terms

Housing Wire

While no legal statute presently outlaws these practices, the MLSs might be engaging in a game of chicken with the Department of Justice (DOJ) and the law firms that have won or settled commission lawsuits against NAR and several major brokerages. The DOJ isn’t the only remaining legal threat to the real estate industry.

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What Is the Cost to Sell a House in Texas?

HomeLight

What are common expenses for home sellers in Texas? Staging: $78 to $109 per hour , or about $7,765 for a 2,000-square-foot home. Seller concessions. A concession occurs when a seller agrees to use part of the proceeds from their home sale to cover some, or all, of a buyer’s closing costs. Selling expense.

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What Is the Cost to Sell a House in Seattle?

HomeLight

Staging the home: $745-$2,664. Seller concessions. Seller concessions can contribute to the overall cost to sell a house in Seattle. These indirect costs may include seller concessions and buyer incentives. Seller concessions. Use a discount-commission agent or brokerage.

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What Is the Average Cost to Sell a House in California?

HomeLight

You can probably expect to run into these common expenses for home sellers in California: Prepping your house for sale. Seller concessions. Staging the house: $2,200. Seller concessions. Seller concessions might be a cost to sell a house in California. Seller concessions.

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What Is the Cost to Sell a House in Massachusetts?

HomeLight

You can probably expect to run into these typical expenses for home sellers in Massachusetts: Prepping your house for sale. Seller concessions. Staging the house: $2,300. Seller concessions. Seller concessions are indirect costs that you may offer to the buyer to make your home more attractive.

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Fees and Costs Associated With Selling a House in 2023

HomeLight

Staging and prep costs 1%-4% Inspections and repairs varies Title, settlement, and taxes 1%-3% Seller concessions 0%-6% Get a Free Home Value Estimate Enter a few details about your home and we’ll provide you with a preliminary estimate of home value in less than two minutes. That puts your commission at 18,000.