Housing Wire

SEPTEMBER 18, 2024

This manifesto has helped MyState develop a national footprint with listings for all types of properties, including single-family homes, manufactured homes, newly built homes, foreclosures and even land. REsides, an independently owned MLS based in South Carolina, has a similar comment box that can be used for seller concessions.

MLS 482

MLS Brokerage Seller concession Agents 482

Housing Wire

AUGUST 30, 2024

I’m proud of the fact that we are leading the way with our use and development of these agent resources. Homeownership is still one of the most important elements of living the American Dream.

Branding 435

Branding Agents Technology Seller concession 435

HomeLight

NOVEMBER 1, 2021

To explore the potential drawbacks of paying for buyer closing costs as the seller, we spoke with Tara Limbird , an Arkansas-based agent who heads a team of real estate pros that was nationally ranked at the top one half of 1% of Realtors®. Buyers and sellers generally pay for their own closing costs — but everything’s negotiable.

Closing costs 97

Closing costs Closing Seller concession Purchase and sale agreement 97

HomeLight

JANUARY 29, 2021

Additional closing costs may include any seller concessions, attorney fees, and the buyer’s agent’s commission. Beyond these closing costs, FSBO sellers cover expenses normally included in a listing agent’s commission, such as marketing costs. Seller concessions. See this state by state guide for details.

Closing costs 98

Closing costs Closing Seller concession Title search 98

HomeLight

MAY 31, 2022

Census Bureau and the Department of Housing and Urban Development (HUD), new home sales fell 16.6% Seller concessions: Incentives to encourage buyers to close the deal. Seller concessions: $1,875 (0.5%). Seller concessions. That balance is shifting. According to the U.S. Recording fees. Attorney fees.

Seller concession 124

Seller concession Closing costs Staging Sales 124

Easy Agent Pro

SEPTEMBER 5, 2023

Are there upcoming developments or infrastructure projects that could impact property values? By considering creative incentives such as seller concessions or a flexible closing timeline, you can make your offer more appealing and increase your chances of securing the property. Pay attention to emerging trends in the market.

Earnest money deposit 104

Earnest money deposit Seller concession Purchase and sale agreement Pre-approval 104

HomeLight

JULY 12, 2022

Seller concessions. Home sales tend to involve several rounds of negotiation between the buyer and seller. Because of their potential to endanger the sale and the strength of the current sellers’ market, Kennedy says, “A lot of sellers aren’t willing to absorb those costs.”. Seller concessions.

Seller concession 111

Seller concession Closing costs Renovation Title search 111

Realty Biz

DECEMBER 7, 2022

Although replacing the roof may seem like a logical course of action, it may be more beneficial to negotiate a seller's concession with the home buyer. It is not unusual to be able to get a buyer to take a reduced concession off the price of the house or as a credit vs. doing a roof replacement.

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Seller concession Inspection As-is Development 98

HomeLight

APRIL 14, 2023

Agent commissions take the largest chunk out of the seller’s profits. Other closing costs generally incurred by California home sellers include transfer taxes , property taxes, and mortgage loan payoff. But Navarro cautions that seller concessions vary by county in California because the real estate markets differ. “In

Closing costs 105

Closing costs Closing Purchase and sale agreement Title 105

HomeLight

JUNE 29, 2022

The sold price also may fail to reflect any seller concessions , or money the sellers had to pay to repair the garage, replace the carpet, or cover the buyer’s fees at closing. County records typically don’t indicate if any seller concessions were involved, such as credits for repairs or closing costs.

MLS 111

MLS Seller concession Sales Agents 111

HomeLight

SEPTEMBER 14, 2022

If new housing developments offer first-time buyer down payment assistance or a fixed interest rate, those options could lure buyers away. Hire a top agent who really understands your market and has the experience to develop a winning strategy. The more you know about the various incentives will help you compete in the market.

Marketing 122

Marketing Inspection Staging Seller concession 122

HomeLight

MARCH 19, 2022

Develop a plan to achieve your selling goals. Few (or zero) repair requests, contingencies , or seller concessions. Develop an effective pricing strategy. Find Agent. The buyer’s financial health (mortgage pre-approval, down payment size, etc.). An all-cash offer. Source: (Anouk Doe / Pexels).

Closing 105

Closing Due diligence Staging Agents 105

HomeLight

MAY 28, 2021

While deals and seller concessions may be tough to come by, there are a few things you can do to make a competitive offer. Homes here tend to be mid- to high-rise condominium developments and single-family homes. Like many beach towns across the country, the market in Myrtle Beach is hyperlocal and competitive.

Inspection 93

Inspection Seller concession Pre-approval Agents 93

Marco Santarelli

AUGUST 2, 2024

Potential Long-Term Effects on Housing Supply The long-term consequences of these shifting dynamics may lead to: Decrease in New Construction : Builders may become reluctant to break ground on new developments due to uncertainty about future market conditions. Q7: How can high interest rates lead to decreased home construction?

Marketing 52

Marketing Seller concession Investor Principal 52

HomeLight

AUGUST 25, 2020

Seller concessions (2% – 6%). Bill Samuel, a property investor and owner of Blue Ladder Development , offers up a real-world example: A home purchased in June of 2020 for $246,000 will cost the buyer $5,145 in transaction fees (title, attorney, transfer stamps, etc.) A possible second set of closing costs if buying a new home.

Principal 96

Principal Equity Title Seller concession 96

Marco Santarelli

SEPTEMBER 26, 2024

Buyer Negotiating Position One of the most notable developments in September 2024 is the shift in negotiating power towards buyers. While sellers used to hold all the cards—often getting multiple offers and selling above asking price—the current market dynamics suggest that sellers are becoming more flexible.

Marketing 52

Marketing Seller concession Closing costs As-is 52

The Close

FEBRUARY 20, 2024

Think: school districts, local amenities, or economic development. Once you dig into certain neighborhoods, you’ll find that some have much cooler markets than others. There are lots of reasons for this. This is why a local market analysis is extremely important for agents.

Marketing 98

Marketing Debt-to-income ratio MLS Pre-approval 98

HomeLight

OCTOBER 30, 2020

However, as the Department of Housing and Urban Development (HUD) mentions in its guidelines to avoiding foreclosure : “Foreclosure doesn’t happen overnight.” You’ll also need to factor in any fees for staging and preparing the house for sale, your real estate agent commission , closing fees, seller concessions, and moving costs.

Short sale 105

Short sale Banks Equity Mortgages 105

HomeLight

NOVEMBER 30, 2022

I think the biggest thing is developing that relationship through the interview. Other ways agents can help with affordability, he says, is coming up with other possible solutions such as buying down the interest rate, negotiating seller concessions, and encouraging saving more for the down payment. Gauge connections.

Agents 111

Agents Purchase and sale agreement Technology Seller concession 111

Redfin

JUNE 28, 2022

Seller concessions. Sell to an investor: Another option is selling to a developer or a real estate investor. In addition to real estate commissions, you may also have to pay for: Repair and renovation. Landscaping and lawn care. Home staging, photographs, and cleaning services. Transition and overlap costs. Potential tax bill.

Staging 63

Staging Renovation Closing costs Agents 63

HomeLight

OCTOBER 14, 2022

Any known issues related to preferential assessment, development or property rights. Not having agent representation could also lead to paying more in seller concessions. What equipment and appliances will/may be sold with the property and known issues. Questions related to the fill or expansive soil on the property.

Purchase and sale agreement 110

Purchase and sale agreement MLS Seller disclosure Agents 110

HomeLight

DECEMBER 13, 2022

Not having agent representation could also lead to paying more in seller concessions. Whether the property is subject to a community development authority. Marketing your home is time-consuming. You’ll still have selling costs, which may include transfer taxes and settlement fees.

Purchase and sale agreement 105

Purchase and sale agreement MLS Agents Sales 105