Remove Industrial Remove Seller concession Remove Staging
article thumbnail

‘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. Consequently, mortgage industry executives believe buyers will pay agents out of pocket or ask sellers to pay their agent fees through concessions.

article thumbnail

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

Housing Wire

REsides, an independently owned MLS based in South Carolina, has a similar comment box that can be used for seller concessions. The DOJ isn’t the only remaining legal threat to the real estate industry. Defendants in the Batton cases, both of which are in the pretrial stage , have filed motions to dismiss.

MLS 482
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Much Should I Budget to Sell My House? Here’s the Average Cost

HomeLight

We detail what costs you’re likely to incur and what sellers pay on average. Kentucky-based Dianna Caldwell , a seasoned agent with 16 years of industry experience under her belt, gave us a rundown of seller costs and what homeowners should budget before they sit down to the closing table. Seller concessions.

article thumbnail

Does Smoking Inside a Home Affect Its Value? Should You Still Buy It?

HomeLight

The house looks clean and is staged well, but it has a persistent cigarette odor that seems to have seeped into the walls. Agent Jessica Smith , who is based in Alabama and has more than seven years’ experience in the industry, says that motivated sellers will take care of the smoke problem before they put the house on the market. “If

article thumbnail

Opendoor vs Offerpad: How Do These Homebuying Companies Match Up?

HomeLight

They also offer a home listing option for home sellers. If you sell to them, you can skip making repairs, cleaning your home, and keeping it clean for showings, and staging. They offer a quick closing process designed to suit home sellers who need a fast transaction or just don’t want to be bothered with the fuss of listing.

article thumbnail

What to Expect When Selling a House Within a Year of Purchase?

HomeLight

Wiggs is an expert in the industry, working with 70% more single-family homes than the average Yonkers area agent. can add up quickly and include: Staging and house prep fees (varies). Seller concessions (2% to 6% to financially help the buyer). Get a Free Home Value Estimate. Realtor commissions for the sale (5% to 6%).

article thumbnail

Sell Your House Fast in Miami: Expert Strategies for a Quick Sale

HomeLight

This process takes away the stress and uncertainty that comes with listing your home traditionally and dealing with buyers who come with contingencies and want seller concessions. You won’t have to complete repairs, stage the home, or prepare for open houses or showings. The company has 4.6

Sales 104