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A newly released episode of the RealEstate Insiders Unfiltered Podcast explores the future state of buyer and seller relationships in the housing market after the National Association of Realtors ‘ (NAR) business practice changes take effect Aug. But there is a risk that offers of compensation could disappear.
Buyers , sellers , and sometimes even realestateagents get confused with how Closing Cost Credits or Sellers Concessions really work. Lately with all the realestate settlement talk they have often been referred to as Sellers Concessions. What is considered a closing cost?
One of the decisions you will have to make is which realestate company and realestateagent you will choose to list your home for sale. Your realestateagent or an appraiser can help guide you on pricing the home. You will have to agree on a list price and a sales price for the home.
Ask a realestateagent for their educated opinion on how much you may be able to sell your home for. Contingency Clauses: Factor in potential additional costs associated with contingencies in your offers, like appraisal gaps or post-inspection repair requests. Use these resources to get a sense of local market trends.
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