HomeLight

SEPTEMBER 30, 2021

If you’re financing your purchase with a mortgage loan, your new property most likely needs to undergo an appraisal to complete the transaction process. Lenders will almost always require an appraisal to be done by an independent third party if you’re getting a mortgage loan. Option 5: Pay more for the house. What is an appraisal?

Pre-approval 98

Pre-approval Seller concession Finance Banks 98

HomeLight

FEBRUARY 19, 2023

With the multiple listing service (MLS) at their fingertips, a real estate agent can run a comparative market analysis (CMA), which will come up with an estimated selling price for a home based on three to five comparable homes in the area that have sold recently. Or perhaps there were seller concessions that weren’t included in the price.

MLS 104

MLS Seller concession Agents Sales 104

HomeLight

MARCH 13, 2022

Disclaimer : While this is a general guide, rules concerning FSBO sales and yard signs may vary state-by-state or even from MLS to MLS, while each state has its own regulations for what sellers are required to disclose to buyers. Not having agent representation could also lead to paying more in seller concessions.

MLS 105

MLS Agents Mortgage pre-approval letter Sales 105

HomeLight

OCTOBER 11, 2022

In a study by Bright MLS , MLS-listed homes went under contract in an average of 11 days compared to 31 days for off-MLS homes, such as FSBO properties, which eventually ended up being promoted through the MLS. Not having agent representation could also lead to paying more in seller concessions.

Purchase and sale agreement 110

Purchase and sale agreement MLS Agents Sales 110

Realty Biz

JANUARY 19, 2024

Interviewing and selecting a buyer's agent and choosing a mortgage lender and real estate attorney are vital steps. From preparing your finances and exploring mortgage options to calculating your budget, these steps set you on the right path toward finding your dream home. Let's get started on your path to homeownership.

Debt-to-income ratio 100

Debt-to-income ratio Pre-approval Purchase and sale agreement Inspection 100

The Close

FEBRUARY 20, 2024

I know it’s hard to imagine, but consider putting in your buyer’s specific criteria (three bedrooms, a detached garage, and pool) and the MLS returning over a dozen listings in a neighborhood. Rising interest rates can help cool down a hot seller’s market by reducing affordability for buyers. The first would be your local MLS.

Marketing 98

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

HomeLight

APRIL 27, 2023

FSBO sellers generally put a yard sign up with their name and phone number on it, and they may also advertise online on a FSBO website, pay a flat fee service to advertise on the MLS , and list their home in some online classifieds and social media sites. When you list in the MLS, you must include a buyer’s commission.

MLS 104

MLS Agents Sales Mortgage pre-approval letter 104

HomeLight

OCTOBER 11, 2022

Not having agent representation could also lead to paying more in seller concessions. To give your home the most exposure, pay to have your home put on your local MLS ( multiple listing service ) -– a platform agents use to share properties with one another as well as major real estate sites. Not willing to pay for the MLS?

MLS 111

MLS Purchase and sale agreement Pre-approval Agents 111

HomeLight

MAY 25, 2023

Sellers should also consider things like whether or not their HOA will allow yard signs (many don’t!) or if they can put their house on the multiple listing service (MLS). Not having agent representation could also lead to paying more in seller concessions. When you list in the MLS, you must include a buyer’s commission.

MLS 105

MLS Pre-approval Agents Sales 105

HomeLight

MAY 1, 2023

Not having agent representation could also lead to paying more in seller concessions. When you list in the MLS, you must include a buyer’s commission. If you choose not to list in the MLS so you can forgo the buyer commission, you’ll seriously limit the exposure your home will get. Not willing to pay for the MLS?

MLS 100

MLS Agents Mortgage pre-approval letter Sales 100

HomeLight

MAY 1, 2023

This includes finding a way to get the home listed on the MLS (multiple listing service), any social media advertising, and even the “for sale” signs for your home, all of which have specific rules and best practices. Not having agent representation could also lead to paying more in seller concessions.

MLS 102

MLS Agents Sales Mortgage pre-approval letter 102

HomeLight

APRIL 13, 2023

Not having agent representation could also lead to paying more in seller concessions. When you list in the MLS, you must include a buyer’s commission. If you choose not to list in the MLS so you can forego the buyer commission, you’ll seriously limit the exposure your home will get. Not willing to pay for the MLS?

MLS 105

MLS Agents Sales Mortgage pre-approval letter 105

HomeLight

APRIL 27, 2023

In a study by Bright MLS , MLS-listed homes went under contract in an average of 11 days compared to 31 days for off-MLS homes, such as FSBO properties, which eventually ended up being promoted through the MLS. Not having agent representation could also lead to paying more in seller concessions.

MLS 95

MLS Agents Sales Mortgage pre-approval letter 95

HomeLight

DECEMBER 13, 2022

In a study by Bright MLS , MLS-listed homes went under contract in an average of 11 days compared to 31 days for off-MLS homes, such as FSBO properties, which eventually ended up being promoted through the MLS. Not having agent representation could also lead to paying more in seller concessions.

Purchase and sale agreement 105

Purchase and sale agreement MLS Agents Sales 105

HomeLight

APRIL 11, 2023

She goes on to say that buyers now “can sometimes receive seller concessions that can be used to buy down their interest rates, and then they’re not waiving important contingencies that they’ve had to waive in the past couple of years.” Bottom line: When is the best time to buy a house in Colorado?

Fixed-rate mortgage 105

Fixed-rate mortgage Seller concession Agents Sales 105

HomeLight

APRIL 26, 2023

Not having agent representation could also lead to paying more in seller concessions. When you list in the MLS, you must include a buyer’s agent commission. If you choose not to list in the MLS so you can forgo the buyer’s agent commission, you’ll seriously limit the exposure your home will get.

MLS 97

MLS Agents Sales Closing 97

HomeLight

NOVEMBER 10, 2022

Not having agent representation could also lead to paying more in seller concessions. To give your home the most exposure, pay to have your home put on your local MLS ( multiple listing service ) — a platform agents use to share properties with one another as well as major real estate sites. Not willing to pay for the MLS?

Purchase and sale agreement 105

Purchase and sale agreement MLS Agents Pre-approval 105

HomeLight

OCTOBER 1, 2022

Not having agent representation could also lead to paying more in seller concessions. To give your home the most exposure, pay to have your home put on your local MLS ( multiple listing service ) — a platform agents use to share properties with one another as well as major real estate sites. Not willing to pay for the MLS?

MLS 111

MLS Pre-approval Agents Sales 111

HomeLight

NOVEMBER 21, 2022

Not having agent representation could also lead to paying more in seller concessions. To give your home the most exposure, pay to have your home put on your local MLS ( multiple listing service ) — a platform agents use to share properties with one another as well as major real estate sites. South Carolina Flat Fee MLS.

Purchase and sale agreement 102

Purchase and sale agreement MLS Pre-approval Agents 102

HomeLight

NOVEMBER 21, 2022

Not having agent representation could also lead to paying more in seller concessions. The internet has changed how people shop for houses, but it also changed how agents look up houses in the MLS. Only licensed real estate agents and brokers who are MLS members can post to the MLS. Not willing to pay for the MLS?

MLS 105

MLS Agents Sales Land 105

HomeLight

DECEMBER 6, 2022

Not having agent representation could also lead to paying more in seller concessions. To give your home the most exposure, pay to have your home put on your local MLS ( multiple listing service ) — a platform agents use to share properties with one another as well as major real estate sites. Not willing to pay for the MLS?

Purchase and sale agreement 103

Purchase and sale agreement MLS Pre-approval Agents 103

HomeLight

NOVEMBER 21, 2022

Not having agent representation could also lead to paying more in seller concessions. To give your home the most exposure, pay to have your home put on your local MLS ( multiple listing service ) — a platform agents use to share properties with one another as well as major real estate sites. Not willing to pay for the MLS?

MLS 105

MLS Agents Sales Mortgage pre-approval letter 105

HomeLight

OCTOBER 14, 2022

Not having agent representation could also lead to paying more in seller concessions. To give your home the most exposure, pay to have your home put on your local MLS ( multiple listing service ) — a platform agents use to share properties with one another as well as major real estate sites. Not willing to pay for the MLS?

Purchase and sale agreement 110

Purchase and sale agreement MLS Seller disclosure Agents 110

HomeLight

DECEMBER 6, 2022

Not having agent representation could also lead to paying more in seller concessions. To give your home the most exposure, pay to have your home put on your local MLS ( multiple listing service ) — a platform agents use to share properties with one another as well as major real estate sites. Not willing to pay for the MLS?

MLS 105

MLS Agents Sales Inspection 105

HomeLight

SEPTEMBER 30, 2022

Not having agent representation could also lead to paying more in seller concessions. To give your home the most exposure, pay to have your home put on your local MLS ( multiple listing service ) — a platform agents use to share properties with one another as well as major real estate sites. Not willing to pay for the MLS?

Purchase and sale agreement 104

Purchase and sale agreement MLS Agents Inspection 104

HomeLight

NOVEMBER 23, 2022

Not having agent representation could also lead to paying more in seller concessions. To give your home the most exposure, pay to have your home put on your local MLS ( multiple listing service ) — a platform agents use to share properties with one another as well as major real estate sites. Not willing to pay for the MLS?

MLS 104

MLS Agents Sales Closing 104

HomeLight

DECEMBER 8, 2022

Not having agent representation could also lead to paying more in seller concessions. To give your home the most exposure, pay to have your home put on your local MLS ( multiple listing service ) — a platform agents use to share properties with one another as well as major real estate sites. Not willing to pay for the MLS?

MLS 105

MLS Agents Sales Inspection 105

HomeLight

OCTOBER 14, 2022

Not having agent representation could also lead to paying more in seller concessions. To give your home the most exposure, pay to have your home put on your local MLS ( multiple listing service ) -– a platform agents use to share properties with one another as well as major real estate sites. Not willing to pay for the MLS?

MLS 102

MLS Agents Sales Mortgage pre-approval letter 102

HomeLight

MARCH 19, 2022

Few (or zero) repair requests, contingencies , or seller concessions. The buyer’s financial health (mortgage pre-approval, down payment size, etc.). Often, sellers are so comfortable living in their homes that they’re blind to its live-in condition. An all-cash offer. Source: (Anouk Doe / Pexels).

Closing 105

Closing Due diligence Staging Agents 105

Redfin

JUNE 28, 2022

Seller concessions. A listing description accompanies your house’s photos and spec sheet on the MLS which then can be seen on real estate websites. Your listing agent should be able to write an excellent description of your house for the MLS. Landscaping and lawn care. Home staging, photographs, and cleaning services.

Staging 63

Staging Renovation Closing costs Agents 63

The Close

FEBRUARY 6, 2024

That may sound like a lot to add, but when your buyers roll it into their mortgage, it should not change their monthly payment so much that it prevents them from qualifying for their loan. That showed the sellers that my clients were more invested and serious about purchasing the home. Or it could end up in a bidding war.

Pre-approval 76

Pre-approval Earnest money deposit Inspection Inspection contingency 76

HomeLight

OCTOBER 20, 2022

Not having agent representation could also lead to paying more in seller concessions. To give your home the most exposure, pay to have your home put on your local MLS ( multiple listing service ) -– a platform agents use to share properties with one another as well as major real estate sites. Not willing to pay for the MLS?

MLS 108

MLS Agents Mortgage pre-approval letter Sales 108

HomeLight

APRIL 29, 2022

If you list on Opendoor, they generally estimate a 5% service charge, 1% closing costs, and 0%-2% seller concession costs. It enables you to avoid double moves and mortgages. What does Realtor.com offer home sellers? Is there a cost for home sellers to use Realtor.com? Other services provided by Opendoor.

Agents 105

Agents MLS Home sale contingency Closing 105