Closing costs MLS Seller concession 
Housing Wire
MARCH 15, 2024
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 said he’s also interested in seeing where homes will be listed since they will no longer be required to be in the MLS system.
Housing Wire
APRIL 15, 2024
The GSEs noted that this guidance was not an update to their selling guides but a clarification on the treatment of seller-paid real estate agent fees. CHLA appreciates Fannie Mae’s clarification today that seller payment of buyer realtor commissions will not be counted towards seller concession caps,” a spokesperson wrote in an email.
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Housing Wire
AUGUST 19, 2024
“The fact that we are not allowed to disclose buyers’ agent compensation in the MLS doesn’t seem beneficial to the buyer,” said Pettinelli, an agent at Providence, Rhode Island-based firm Churchill & Banks. Why would we not disclose that info in MLS? How is that protecting buyers?” It doesn’t matter,” O’Koniewski said. “If
HomeLight
JANUARY 29, 2021
Other than that, you’re on the hook for the same closing costs as any other seller. Closing costs without a Realtor® typically average 1% to 7% of the final sale price. Mandatory costs include a long list of fees and taxes from involved parties such as the local and state government and mortgage lenders.
Housing Wire
FEBRUARY 19, 2025
Take the time to walk them through what they can expect from showings to closing day. Showings: Explain how you, as the agent, will find and send properties through MLS searches and set expectations for how you will conduct property tours. Home inspections Home inspections are a vital piece of the homebuying process checklist.
Redfin
JULY 26, 2021
Your realtor uses the MLS to obtain information on three or four homes currently on the market or those that have recently sold in your neighborhood. Almost always, the seller pays the total commission cost. Home seller concessions . Seller concessions are often market-driven. Any seller concessions.
HomeLight
JUNE 29, 2022
Once upon a time, the only place you could find property data was the MLS (multiple listing service) , a series of private databases real estate professionals use to share listing information among one another and broker deals. Only the MLS will have the most up-to-date data, and not every listing portal will have complete location coverage.
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