Remove MLS Remove Pre-approval Remove Pre-qualification
article thumbnail

How to get a real estate license in Texas

Housing Wire

Texas residents interested in becoming a real estate agent must first complete 180 hours of approved coursework to be eligible to sit the state licensure exam. After you complete all six courses, you’ll have to take and pass the pre-license course final exam. That’s a longer program than in most states. How much exactly?

article thumbnail

Ways Real Estate Agents Can Aid Homebuyers

Realty Biz

You aren’t just there to search the MLS. Explain the difference between pre-qualified and pre-approved. Too many people get a pre-qualification letter from their bank and think that this means they can close on the property. Help them get pre-approved for a mortgage.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Getting Frustrated With House Hunting? Here Are 18 Tips to Try

HomeLight

Tip 1: Get pre-approved for a mortgage first. The best way to know for certain what you can afford is to get pre-approved for a mortgage. Begin by knowing the difference between pre-approval and pre-qualification , and look at your loan options. Tip 11: Pay close attention to the MLS.

article thumbnail

Buying a Short Sale Property? Your Guide to Short Sale Requirements for Buyers

HomeLight

” She adds, “You need a strong pre-qualification letter from a legitimate lender, and there’s no getting around that. There is a process you must follow to get pre-approved for a mortgage. And it’s even better if you can get pre-underwritten. Let’s take a more in-depth look at these requirements.

article thumbnail

20 Home Buying Tips for First- or Second-Time Buyers

HomeLight

If you are approved for up to $450,000, I recommend shopping for homes between $350,000 and $425,000,” says Wordelman. “In If your area is on the cusp of a second MLS system, make sure your agent prepares searches using both regions,” she says. “As I see so many offers come across my desk without pre-qualification letters,” he says. “A

article thumbnail

Selling a Home at Auction: Pros, Cons, and How to Get Started

HomeLight

The National Association of Realtors agrees that auctions can accelerate a sale, in addition to offering these key benefits for sellers: Higher visibility among pre-qualified, prepared buyers who are ready to buy. Step 4: Determine the qualification process for bidders. Your home will be visible to pre-qualified, serious buyers.

article thumbnail

The Homebuyer’s Definitive Guide to Open House Do’s and Don’ts

HomeLight

Buyers can find open houses through their agents, the multiple listing service (MLS) , social media , or just by driving around and looking for signs. For example, you can keep details about pre-qualification between you and your real estate agent. Have a pre-approval letter ready in case you fall in love.