Listing Spark

FEBRUARY 6, 2023

Episode Summary In this episode, Aaron Jistel (Broker and Co-Founder at ListingSpark) focuses on how recent changes to Texas Real Estate Commission’s contracts and documents may affect home sellers and buyers. As a seller, this can help to ensure that buyers have the actual cash they are claiming they have.

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Contracts Real Estate Sellers Buyers 36

Housing Wire

JULY 19, 2023

A typical commission dispute arises when, after signing a listing agreement or buyer-broker agreement: A seller-client “cancels” a valid purchase contract. A seller-client cancels a listing. A seller-client permits the property to be foreclosed upon. Confirm that your brokerage documents (e.g.,

Real Estate 370

Real Estate Legal Clients Brokerage 370

Housing Wire

SEPTEMBER 18, 2024

According to NAR , five percent of sellers and four percent of buyers found their agent through another agent’s referral. A referral estate referral occurs when a licensed agent or broker passes along a prospective buyer or seller to another licensed agent to handle a transaction. Everybody’s happy!

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Real Estate Real Estate Agent Agents Brokerage 446

Housing Wire

OCTOBER 23, 2023

This includes financials, organizational documents, agent productivity reports, operating metrics, vendor contracts, lease agreements, employment agreements, insurance documents, and more. From a data lens, transactions can be broken out into three different stages: Valuation , Due Diligence , and Contract.

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Real Estate Brokerage Valuation Contracts 425

Housing Wire

JULY 10, 2024

We’ll walk you through the steps to creating an impressive, concise, and attractive listing presentation document, which you can present in hard copy or digital format. Seller / Buyer/ Balanced). Prepare a pricing strategy Many sellers think they understand pricing as well as you do.

Sellers 413

Sellers Real Estate Agents Clients 413

Movoto

APRIL 8, 2024

After submitting an offer on a home you plan to purchase, a few things might happen – once an offer is accepted (typically, after negotiations but not always), real estate sales agreements come into effect between buyers and sellers. Should the buyer breach the contract (e.g., auctions, cash sales, etc.):

Contracts 36

Contracts Real Estate Property Taxes Inspection 36

Will Springer Realtor

DECEMBER 5, 2023

Our state is at the forefront of improving a document that each buyer and seller receives near the start of the purchase and sale process, and for the first time, our industry will be required to have a contract with buyers. A significant change is coming to the residential real estate scene in Washington.

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Law Buyers Sellers Real Estate 68

Housing Wire

JUNE 11, 2021

A home inspector, hired and paid by the buyer typically, will look at the plumbing, electricity and the overall foundation of the home and then provide a report with their findings. While home inspections aren’t required, they provide the buyer with several important opportunities in the home-buying process.

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Inspection Appraisal Appraisal Process Buyers 436

Housing Wire

OCTOBER 3, 2023

This is a dramatic and peculiar stance, given that same company a couple of years ago launched a $1 million annual advertising campaign touting a 1% listing fee, but only if the seller turned into a buyer for them. Meaning, they were counting on buyer agent compensation to pay their bills. How, then, will a buyer agent get paid?

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Agents Buyers Training Law 413

Housing Wire

APRIL 8, 2021

Get pre-approved to show you mean business: Consider obtaining a pre-approval for a mortgage from a lender by the time you reach the offer stage, as this document can play a key role in the negotiation process. Another seller’s home may need repairs, and you put in your offer the need for a seller credit to pay for them.

Inspection 446

Inspection Sellers Buyers Tools 446

Housing Wire

DECEMBER 8, 2023

You know what you do, but how do you explain it in such a way that a buyer understands your value, the required agency forms and everything involved to make it to the closing table? Ultimately, every homebuyer prospect, every contract and every negotiation is different, but your value should be consistent for all situations and clients.

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Clients Real Estate Inspection Buyers 436

Birmingham Appraisal

FEBRUARY 28, 2023

Homeowners, Don’t Make These Appraisal Mistakes When Selling Your Home As a real estate appraiser, I have seen many mistakes that sellers make during the appraisal process. These mistakes can significantly impact the value of a property and even lead to an appraisal being lower than the contract price.

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Sellers Real Estate Appraisal Appraisal Process 84

Listing Spark

DECEMBER 9, 2020

One of the most common questions we get from our home sellers at ListingSpark is “How do I determine what my closing costs are”? For this article, we are going to focus on the home seller closing costs we would typically see in Texas with a residential sale (commercial sales typically have a different set of fees).

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Sellers HOA Insurance Contracts 69

Empire Appraisal Group

JUNE 29, 2023

million homes in homeowners’ associations (HOAs), most of our members have helped prepare contracts that address issues associated with association rules. For example, both include room for a seller to disclose whether association approval is required. . – With over 1.5 million condominium units (condos) in Florida, and over 3.71

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HOA Contracts Sellers Buyers 78

Housing Wire

MAY 23, 2023

This new development is being propelled by an alleged Fannie Mae “request” that, according to industry sources, was made recently of several lenders active as buyers in M&A deals. The seller continues to have an obligation to manage their company that they still own after an asset deal,” one industry source explained.

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Buyers Sellers Finance Contracts 400

Lamacchia Realty

MAY 6, 2024

Their job is to make sure the sale from the seller to the buyer happens within the confines of the law, while also looking out for your best interests. An attorney offers valuable protection and knowledge for you as a buyer. The attorney will advocate on your behalf as a buyer to include the most favorable terms to protect you.

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Real Estate Legal Law Contracts 74

Housing Wire

MAY 10, 2022

These reports highlight the difference home buyers and potential home buyers have when embarking on the buying process. The report used real time listing data to show the limited housing inventory and the repercussions to home buyers. While it is well documented the homeownership gap by race in the U.S.,

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Housing Market Realtors Buyers Inventory 455

Housing Wire

JUNE 26, 2024

ADR can be ideal for common real estate disputes, like those over commissions between brokerages and their agents, or between competing brokers—or when buyers or sellers claim their agents breached their fiduciary duties. One of those costs, surely, is never again doing business with the other broker, agent, buyer, or seller.

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Real Estate Legal Law Agents 293

PennyMac

AUGUST 31, 2024

During closing, you’ll need to carefully review, approve and sign numerous legal documents that officially transfer ownership of the property to you. Mutual Acceptance of the Offer After negotiation, the buyer and seller agree on the final property price. Here are some of the steps completed prior to closing.

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Inspection Real Estate Agent Sellers Legal 36

Listing Spark

AUGUST 28, 2024

All sellers must fulfill specific legal requirements, and the entire process, from initial listing to final closing, is full of legal documents. They are legally binding contracts and disclosures that can have significant implications. The process can be overwhelming, especially if you’re a first-time home seller.

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Realtors Legal Tools Sellers 36

Hank Miller Team

FEBRUARY 27, 2022

Coming off the frenzied Atlanta 2021 real estate market, it's hard to imagine things could get tougher for home buyers, but they are. Home buyers are rushing to buy ahead of additional rate and/or rent increases, some will be trapped on the hamster wheel of renting. How do home buyers get their offer selected? Is that smart?

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Buyers Inspection Contracts Sellers 52

Listing Spark

OCTOBER 25, 2023

Selling your home can be an exciting and stressful time, especially when you choose to do it as a For Sale By Owner (FSBO) seller. While it may seem like the best approach to save money by avoiding commission fees, it’s essential to be aware of some of the pitfalls that FSBO sellers face when selling their home.

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Sellers Legal Real Estate Real Estate Agent 36

Housing Wire

APRIL 6, 2021

Linda (who asked that her real name not be used) beat out a dozen other prospective buyers in a bidding war by offering $445,000 and waiving all contingencies. With others waiting in line behind her, the seller wouldn’t budge on price. For purchase, we have one buyer who is struggling to get an offer accepted,” she said. “He

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Appraisal Reconsideration of Value Real Estate Agent Sellers 540

Raleigh Realty

AUGUST 17, 2021

Understanding Due Diligence and Earnest Money in North Carolina Real Estate When you go under contract on a home in North Carolina you are going to encounter terms like Due Diligence and Earnest Money. It's important to note that real estate contracts and laws change depending on what state you are in. Due Diligence: What Is it?

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Real Estate Real Estate Agent Contracts Inspection 148

GoForrmz

OCTOBER 26, 2022

From virtual tours to real estate apps, it now takes less time and effort to communicate between sellers and buyers. With GoFormz mobile forms, you can ditch the time-consuming paperwork and sign documents electronically. Technology has now taken over and revamped the way we interact with property. That’s where we come in.

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Real Estate Contracts Clients Real Estate Agent 78

Raleigh Realty

MARCH 23, 2021

The question should I sell my home for sale by owner or without a Realtor® is likely one asked by every home seller with the thought of trying to save money. Buyers want to work with the best local Realtors® to help them when buying a home because it is such a large financial purchase with so many different components involved.

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Real Estate Agent Real Estate Realtors Contracts 133

Lamacchia Realty

SEPTEMBER 20, 2023

EVERYTHING YOU NEED TO KNOW ABOUT CLOSING COST CREDITS Buyers , sellers , and sometimes even real estate agents get confused with how closing cost credits work. Closing cost credits are a great tool to help buyers pay their closing costs and have more money after closing. This enables the buyers to bring less money to closing.

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Sellers Buyers Property Taxes Inspection 74

Lamacchia Realty

FEBRUARY 2, 2023

WHY YOU SHOULD USE A REAL ESTATE ATTORNEY TO SELL YOUR HOME As a home seller you may think you are saving money by not hiring an attorney to guide you through the legal aspects of your sale but in actuality, it could end up costing you more not to! Again, this is a legal document that needs to be done right!

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Real Estate Sellers Legal Inspection 78

Realtor

OCTOBER 16, 2023

for first-time buyers is $12,274 (around 6%), in addition to $1,983 in closing costs. “Even the mortgage lenders with splashy apps and websites still may need a phone call, manual document collection, or other time-consuming steps,” says Zhang. “Many listing agents are requiring that, no matter the price range. .

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Mortgage Real Estate Agent Real Estate Buyers 190

Housing Wire

JANUARY 29, 2024

According to the National Association of Realtors® (NAR), 89% of buyers would recommend their real estate agent to others. Further, their study found that 36% of sellers who worked with an agent found them through a referral by friends or family. The good news is that most clients are excited to share their positive experiences.

Real Estate 413

Real Estate Clients Real Estate Agent Agents 413

Eppraisal

DECEMBER 20, 2022

Whether you are a home buyer or seller, the real estate transaction can sometimes be tricky to navigate. Part 1 of our next two posts will dissect the real estate transaction from the buyer's perspective. Buyers Consultation Once you've identified an agent, set up a consultation.

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Real Estate Buyers Inspection Real Estate Agent 36

Birmingham Appraisal

AUGUST 23, 2023

The agent’s client (buyer or seller) can make an informed buying or selling decision and the appraiser’s client (bank) can make an informed lending decision. Creating Accurate Initial Expectations: Agents and appraisers collaborating early in the process help set accurate expectations for buyers and sellers.

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Agents Appraisal Valuation Appraisal Process 88

Eppraisal

OCTOBER 23, 2023

The seller can reject your bid, make a counteroffer or accept your original proposal. Your response depends on how the seller replies. If the Seller Rejects Your Offer The seller may deny your home purchase offer for various reasons. You can say no to the counteroffer, accept it or propose new changes to the contract.

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Real Estate Agent Sellers Inspection Real Estate 69

Movoto

AUGUST 1, 2024

This new tool is just one of the many ways that Movoto is at the forefront of creating clarity and success for both consumers and Movoto partner agents , as well as a key reason why homebuyers and sellers should work with a Movoto partner agent. What is the Home Touring Agreement? Why work with a Movoto agent?

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Real Estate Agent Agents Real Estate Buyers 36

McKissock

MAY 11, 2022

Before you log too many hours chauffeuring buyers from property to property, make sure they’re truly motivated to navigate the challenges of a hot sellers’ market —from competing with other buyers to committing to contracts that favor the seller. Time is money. 3: They are pre-approved.

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Real Estate Clients Marketing Buyers 77

Lamacchia Realty

JANUARY 18, 2022

Contingent is the status you’ll see on a listing once a seller accepts a buyer’s offer. Contracts written during the purchasing process often attempt to include all possible contingencies that may arise. The escrow process provides a safety net for the buyer to ensure they know everything they need to know about the home.

Inspection 74

Inspection Sellers Buyers Realty 74

Housing Wire

JUNE 9, 2022

That is typically accomplished through whole loan sales or private label securitizations along with hedging — such as the use of third-party forward contracts that allow for bulk loan sales at a future date at a predetermined rate. Yoon added that the new app also will “be built on the backside as blockchain-capable.”

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Marketing Contracts Technology Mortgage 386