Industrial Pre-approval Seller concession 
Housing Wire
NOVEMBER 20, 2023
In order to survive, buyer agents will need to show this value to buyers and be willing to have clients pay a set fee or a pre-negotiated percentage of the sale price to secure the business. An originator can usually get a buyer into that home for less than $20,000 through a mixture of seller concessions and strategic financing.
Housing Wire
JULY 4, 2024
As industry professionals, we have a responsibility to foster belief in the possibility of homeownership. It may mean drilling down and familiarizing yourself, and your potential clients, with the ins and outs of credit repair, loan pre-qualification and pre-approval, and even basic personal finance and budgeting.
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Housing Wire
JANUARY 13, 2023
Going from a volatile rate environment in the latter half of 2022 to a market with lower, more stabilized rates, there’s optimism spreading across the industry that buyers will come back. Connie Kim: There seems to be optimism in the mortgage industry at the start of the new year. Pre-pandemic, I did $1.7 billion in 2021.
Easy Agent Pro
SEPTEMBER 5, 2023
Setting a Realistic Budget and Obtaining Pre-Approval Before engaging in bidding wars, creating a realistic budget is essential. Once you’ve established a budget, seek pre-approval from a reputable lender. Determine how much you can afford by considering income, expenses, and desired lifestyle.
BAM Media
JULY 31, 2024
In addition, the CFA shared eXp’s new seller contract, which CEO Leo Pareja first shared with the BAM audience last week. Recent CFA research has shown that these contracts have the potential to harm or help home sellers depending on their clarity and content.” For industry news, edutainment and humor, sign up for the BAM newsletter.
The Close
FEBRUARY 20, 2024
This means you’ve got a pre-approval in hand and that you understand the importance of being flexible. Guidance for Sellers in a Buyer’s Market For those sellers in a buyer’s market, you must be strategic about selling your home. The dark red areas notated on the map below have a severe housing shortage.
HomeLight
MAY 25, 2023
Not having agent representation could also lead to paying more in seller concessions. This is standard industry practice among agents. In the perfect world, buyer and seller should never meet,” says Richter. Have the pre-inspection done so that you can be ahead of any potential issues,” Richter suggests.
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