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From consultation to closing: The definitive homebuying checklist

Housing Wire

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. Set the stage: Educate your clients on the market This is your time to shine!

Closing 372
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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 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.

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Borrowers exiting forbearance may choose to sell their homes – What role do servicers play?

Housing Wire

According to Black Knight , 96% of homeowners have at least 10% equity – meaning they may be able to pay off their loan, closing costs, and agent commissions without paying out of pocket or a short payoff. JC: There is no question that servicer capacity is a big issue.

MLS 448
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Selling FSBO? Tally Your Closing Costs Without a Realtor

HomeLight

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.

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What Home Sellers Need to Know about Closing Costs in Kentucky

HomeLight

In Kentucky, the average closing costs for sellers are approximately 2% of the sale price or $3,000 for a $150,000 home (which is the average selling price across the state) and the agent’s commission, which is 5-6% of the sale price or up to $9,000 on a $150,000 home sale for a total of approximately $12,000 in costs.

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30 real estate social media post ideas (+ popular agents to follow)

Housing Wire

Sixty percent of agents surveyed believe that social media provides higher quality leads than the MLS. This could include posting information regarding down payments, typical closing costs to expect, first-time homebuyer programs available, and tips on navigating lending.

Agents 435
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How to Buy a Preforeclosure Home in 9 Steps

The Close

This is considered the early stages of a home going into foreclosure. During this stage, the lender sends a Notice of Default to the homeowner, letting them know that legal action is being taken toward foreclosure. Real Estate Agents Investors can work with real estate agents with access to the MLS.