HomeLight

MAY 31, 2022

In recent years, we’ve experienced a seller’s market – and many homeowners have been eager to take advantage of the situation. During the pandemic years, plunging interest rates were counter-balanced by rising home sales. Census Bureau and the Department of Housing and Urban Development (HUD), new home sales fell 16.6%

Seller concession 124

Seller concession Closing costs Staging Sales 124

HomeLight

JUNE 16, 2022

You’re likely wondering how much you might make on the sale, but also anxious about how much it will cost to make it happen. Days on the market or DOM is the number of days a property has been on the market from the time it’s listed for sale until the house is taken off the market with a signed contract. Get Estimate.

Seller concession 109

Seller concession Closing costs Inspection Agents 109

HomeLight

JUNE 16, 2022

Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. of the home’s final sale price. Seller concessions. Prepping your house for sale. Staging the house: $2,300.

Seller concession 110

Seller concession Closing costs Inspection Closing 110

HomeLight

SEPTEMBER 27, 2022

After new home sales set records in 2021 , the Texas housing market cooled in recent months, generally seeing decreases for homes under $400,000 that offset increases for homes priced over $750,000. To illustrate, if you sold your Texas Craftsman home for $325,000, the seller’s costs could range from $22,750 to $26,000.

Seller concession 98

Seller concession Closing costs Homeowner’s association Title 98

HomeLight

JUNE 14, 2022

Embarking on a sales transaction of that size calls for some planning, including understanding the costs, potential proceeds, and how long your home might be on the market so you can anticipate your next move. You can probably expect to run into these common expenses for home sellers in Chicago: Prepping your house for sale.

Seller concession 110

Seller concession Purchase and sale agreement Closing costs Title 110

HomeLight

JANUARY 29, 2021

If you’re selling For Sale By Owner, you’ll save on the listing agent’s commission. Other than that, you’re on the hook for the same closing costs as any other seller. Closing costs without a Realtor® typically average 1% to 7% of the final sale price. to 1% of the sale price in escrow fees.

Closing costs 98

Closing costs Closing Seller concession Title search 98

HomeLight

MAY 3, 2023

Depending on the price range of the home, I tell my clients that they need to be ready to spend 9%–10% of the sale price on selling costs, including the real estate agent commission and closing costs,” says Joanne McCoy , a top-selling real estate agent in Lincoln, Nebraska. Selling fee Typical % of sale price Real estate agent commission 5.8%

Seller concession 111

Seller concession Purchase and sale agreement Inspection Title 111

HomeLight

JUNE 24, 2022

This free automated valuation model (AVM) tool will use recent sales transactions, local market trends, and your home’s latest selling price, to provide a preliminary range of value for your property in under two minutes. The estimate is a ballpark indicator of how you might set the sale price. Preparing your home for sale.

Seller concession 104

Seller concession Closing costs Inspection Homeowner’s association 104

HomeLight

JULY 12, 2022

First-time buyers were responsible for 27% of those sales, down from 31% in May 2021. All-cash sales accounted for 25% of May transactions, up from the 23% recorded a year ago. Higher prices and mortgage rates conspired to slightly slow sales, which were down 2.6% no more than $2,500 on repairs and staging. Get Estimate.

Seller concession 111

Seller concession Closing costs Renovation Title search 111

HomeLight

OCTOBER 20, 2022

In the current shifting market, sellers in Austin have several strategies to consider. End-of-year listings have historically garnered the highest sales prices in the Austin market. The cost to sell a house in Texas generally averages about 7% to 8% of the final sale price. Common expenses for home sellers in Austin.

Seller concession 110

Seller concession Purchase and sale agreement Closing costs Inspection 110

HomeLight

APRIL 14, 2023

In this guide, we will review the pros and cons of each approach to help you decide which makes the most sense for your home sale. Get a cash offer with HomeLight’s Simple Sale If you want to sell your house fast in Miami, HomeLight’s Simple Sale all-cash offer platform could be the perfect solution. The company has 4.6

Sales 104

Sales Due diligence Agents Closing 104

HomeLight

NOVEMBER 7, 2022

Whether or not you’ll want to push back or negotiate with the buyer will depend on hyperlocal, recent sales trends, so consult your Realtor® to discern promising offers and know what latitude market conditions may or may not allow. The cost to sell a house in Texas generally averages about 7% to 8% of the final sale price.

Seller concession 104

Seller concession Purchase and sale agreement Inspection Closing costs 104

Redfin

JULY 26, 2021

The average cost of selling a home in the US is approximately 10 – 15 percent of your home’s sale price. Though not mandatory, the presale inspection provides insight into what might need to be repaired and what may hinder a sale or cause it to fall through altogether. Don’t forget to stage your front porch and back patio too.

Seller concession 71

Seller concession Inspection Closing costs Staging 71

HomeLight

SEPTEMBER 14, 2022

Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. When a market turns down, and the number of buyers decreases, knowing every potential issue that could affect the sale of your home can be important.

Marketing 122

Marketing Inspection Staging Seller concession 122

Realty Biz

MARCH 27, 2022

If you want to give yourself a better chance of having your offer accepted, making it as clean and straightforward as possible will appeal to the seller. Any proposal full of contingencies or seller concessions isn’t going to look as good. Don’t Ask the Seller to Include Excluded Items. Make a Strong Bid.

Purchase and sale agreement 117

Purchase and sale agreement Earnest money deposit Seller concession Finance 117

HomeLight

MARCH 31, 2021

The last thing you want is sticker shock when you review these subtractions in your seller’s settlement statement. The Georgia Association of Realtors reports that closing costs in Georgia typically range 5% to 10% of the home’s sale price. Georgia requires sellers to pay a transfer tax before they record the deed. Transfer tax.

Closing costs 105

Closing costs Closing Purchase and sale agreement Title search 105

Realtor.com

DECEMBER 10, 2020

But it’s not the only negotiable part of the sale—there are plenty of other ways to haggle aside from list price. “In In most parts of the country, sellers often have multiple bids right now,” says Danielle Samalin , CEO of Framework Homeownership. “In Just remember: It’s not a given that the sellers will be willing to budge.

Closing costs 142

Closing costs Inspection Closing Rent back 142

HomeLight

APRIL 17, 2024

Alternatively, HomeLight can provide an all-cash offer to purchase your home through our Simple Sale platform. 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. Opendoor vs Offerpad: How are they different?

Seller concession 115

Seller concession Inspection Rent back Closing 115

HomeLight

SEPTEMBER 15, 2022

When you overprice your home, especially during a recession, it’s one of the biggest mistakes that a seller can make. Overpricing leads to future price reductions , which can stall your home sale and place a stigma on your property listing that can act as a scarlet letter to buyers. How Much Is Your Home Worth Now? Get Estimate.

Seller concession 111

Seller concession Inspection Agents Renovation 111

HomeLight

MARCH 19, 2022

An above-average sale-to-list price ratio (meaning they on average fetch more for their sellers than their peers). Work With a Top Real Estate Agent for a Great Home Sale. Your agent should also provide an overview of the entire sales process so you’re ready for next steps. Selling in your price point. An all-cash offer.

Closing 105

Closing Due diligence Staging Agents 105

HomeLight

JULY 25, 2022

Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. Comparable properties nearby : Real estate comps are recent nearby home sales that affect the sale price and value of your home. Get Estimate.

Closing costs 111

Closing costs Equity Short sale Agents 111

HomeLight

NOVEMBER 10, 2021

The same closing fees that apply to an agent-assisted sale will be charged to a FSBO seller, with the exception of the agent commission. If a buyer uses an agent, a seller may also be asked to pay all or part of the buyer’s agent commission. For reference, on a $250,000 home sale, that amounts to $15,000 in commission fees.

Closing costs 111

Closing costs Closing Title Title search 111

HomeLight

FEBRUARY 25, 2022

When owners need to sell their home in a shorter time frame, how to determine if the sale is worth pursuing can be confusing. One way the IRS taxes capital gains from a home sale is based on whether or not the property has been owned long term or short term. That is where the five year rule comes into play.

Seller concession 111

Seller concession Closing costs Inspection Agents 111

HomeLight

OCTOBER 30, 2020

Whatever stage you’re in, it’s natural to feel paralyzed with disappointment, sadness, and a sense of panic when those overdue notices and warnings come from your mortgage company. Don’t let any stigma keep you from making wise financial decisions about the sale of your home. You’re not alone in facing foreclosure.

Short sale 105

Short sale Banks Equity Mortgages 105

HomeLight

JULY 25, 2022

Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. Comparable properties nearby : Known as real estate comps , recent nearby home sales affect the sale price and value of your home. Get Estimate.

Closing costs 110

Closing costs Short sale Equity Sales 110

HomeLight

SEPTEMBER 10, 2022

Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. Request a cash offer: You can skip repairs and preparations and request an all-cash offer from a home-buying service such as HomeLight’s Simple Sale platform.

Closing costs 111

Closing costs Agents Seller concession Closing 111

HomeLight

FEBRUARY 8, 2023

Instead, she says it’s best to price a home at the market value to attract more buyers, and then multiple bids could potentially drive up the ultimate sale price. Top agents agree that it’s important for sellers to be realistic about their home’s value. That means for a $750,000 sale, the transfer tax will be $3,000.

Purchase and sale agreement 105

Purchase and sale agreement Inspection Investor Agents 105

HomeLight

AUGUST 25, 2020

You could forfeit any chance at making a profit — or even face a loss on the sale. To help you navigate an earlier-than-expected home sale, we talked with a top real estate agent and some seasoned property investors to create this in-depth guide. As with any home sale, you’ll have to cough up some costs. Overlap costs (1% – 2%).

Principal 96

Principal Equity Title Seller concession 96

HomeLight

MARCH 13, 2022

When the time comes to move, some tenacious homeowners are eager to take over the reins of their home sale and figure out how to sell a house by owner. With millions of homes sold each year, a modest portion of sellers — about 7%-8% , historically — choose to list “For Sale By Owner” (or FSBO — pronounced fizz-bow). Learn More.

MLS 105

MLS Agents Mortgage pre-approval letter Sales 105

Redfin

JUNE 28, 2022

That could mean fewer interested buyers, fewer offers, and possibly a smaller sales price. How to prepare for your home sale. Home staging, photographs, and cleaning services. Seller concessions. You can estimate your equity by subtracting what you owe on your home loan from the potential sales price.

Staging 63

Staging Renovation Closing costs Agents 63

Windemere Buying

JUNE 22, 2022

However, celebrating at this stage in the buying process could leave you heartbroken if your offer isn’t accepted. Revealing what goes on behind the curtain in this critical stage of the buying process will help you understand what to expect next. First, let’s take a look at the three ways a seller can respond to your offer.

Purchase and sale agreement 52

Purchase and sale agreement Inspection contingency Backup offer Seller concession 52

HomeLight

OCTOBER 11, 2022

When the time comes to move, some tenacious homeowners in Iowa are eager to take over the reins of their home sale and figure out how to sell a house by owner. With millions of homes sold each year, a modest portion of sellers — about 7%-8% , historically — choose to list “For Sale By Owner” or FSBO (pronounced fizz-bow).

MLS 111

MLS Purchase and sale agreement Pre-approval Agents 111

HomeLight

OCTOBER 1, 2022

When the time comes to move, some tenacious homeowners in Ohio are eager to take over the reins of their home sale and figure out how to sell a house by owner. With millions of homes sold each year, a modest portion of sellers — about 7%-8% , historically — choose to list “For Sale By Owner” (or FSBO — pronounced fizz-bow).

MLS 111

MLS Pre-approval Agents Sales 111

HomeLight

APRIL 26, 2023

When the time comes to move, some tenacious homeowners are eager to take over the reins of their home sale and figure out how to sell a house by owner in Alabama. With millions of homes sold each year, a modest portion of sellers — about 7% in 2021 and 10% in 2022 — choose to list “For Sale By Owner” (or FSBO — pronounced fizz-bow).

MLS 97

MLS Agents Sales Closing 97

HomeLight

MAY 1, 2023

When the time comes to move, some tenacious homeowners in Maryland are eager to take over the reins of their home sale and figure out how to sell a house by owner. With millions of homes sold each year, a modest portion of sellers — about 7% in 2021 and 10% in 2022 — choose to list “For Sale By Owner” (or FSBO — pronounced fizz-bow).

MLS 100

MLS Agents Mortgage pre-approval letter Sales 100

The Close

FEBRUARY 20, 2024

Preparation and presentation: Sellers should focus on depersonalizing and decluttering their homes to appeal to a wide range of buyers. This phenomenon means there are fewer buyers than there are homes for sale. What Is a Seller’s Market? Key Takeaways: Sellers’ advantage: Sellers have the upper hand due to limited supply.

Marketing 98

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

HomeLight

OCTOBER 11, 2022

When the time comes to move, some tenacious homeowners in Michigan are eager to take over the reins of their home sale and figure out how to sell a house by owner. With millions of homes sold each year, a modest portion of sellers — about 7%-8% , historically — choose to list “For Sale By Owner” (or FSBO — pronounced fizz-bow).

Purchase and sale agreement 110

Purchase and sale agreement MLS Agents Sales 110