In many cases, the seller’s agent alerts other agents of the “coming soon” listing, giving those agents an opportunity to notify their buyers before the listing goes public. Having a buyer’s agent could give you a heads-up on new listings. This can give you a serious advantage in ...
Buying a home is a big investment and selling a home is an investment opportunity. Real estate agents ensure there are no surprises afterclosing. Real estate agents typically represent one side of the transaction: working with either sellers or buyers. Seller’s agents or listing agents help cli...
If the situation is right, sometimes the owner might be willing to help with these costs. These areseller concessionsand could save you thousands when buying your new home. A seller’s concession is also sometimes called a seller’s assist. In this scenario, the seller pays some or all of...
Realtors often assume that consumers have a firm grasp of all the real estate terms we do, but that is rarely the case. A home buyer or seller often will have no idea of the meaning of contingent. It would not be unusual to see a listing status you are unfamiliar with in a listing ...
“One real estate attorney cannot represent both the buyer and the seller at the same time,” says Whitman. “In most home purchases, it’s common for at least the buyer to have a real estate attorney. In some states, an attorney must be involved in at least part of a real estate tr...
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settlementby the National Association of Realtors. Starting in August 2024, buyers may need to compensate their agents directly — but it will depend on the details of each individual deal. So you as the seller may, or may not, be on the hook to pay your buyer’s agent’s fee as ...
1. Negotiate and sign the purchase agreement How long it takes:About 10 days to two weeks at most. Closing cannot begin until both the buyer and seller sign a purchase and sale agreement for the home. The purchase and sale agreement describes the transaction in detail, including the home pr...
??? The process was a bit overwhelming at times, but using an escrow account made everything feel a lot more secure. It was a great way to protect ourselves and our investment. Big thanks to our realtor and escrow agent for their help! #HomeSweetHome” Another...
See how much real estate commission you’ll pay to sell your home and how the commission is split between the brokers and the agents.