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An estate sale is a popular way to distribute a family member’s possessions after death. It involves selling items directly out of the home they belonged to. However, estate sales are not limited to the belongings of deceased individuals. They can also be held by individuals who want to se...
In real estate, a conditional offer is a condition of sale that is agreed upon by both the buyer and the seller. The time frame set is important when it comes to such offers because if the condition isn't met within the specified time, the agreement is void and the buyer receives the ...
In real estate, a cash offer is made by a buyer who doesn’t need to take out a loan to finance the home they’re planning to purchase. Adie Kriegstein, an agent withCompass, explains that a cash offer doesn’t always mean literal cash. “A ‘cash offer’ refers to an offer made ...
An exclusive right to sell agreement protects the real estate agent, but it can have benefits for the seller, too. Learn more here.
A real estate contract is a legal contract for the purchase or exchange of land and property between parties. Most real estate...
Automated valuation models (AVMs) are software-based pricing models used in the real estate market to value properties. AVMs are more efficient and consistent
A real estate investment trust (REIT) is a type of company that owns and manages income-producing properties. Learn more about this investment option here.
Understanding an Aggregator Aggregators are essentially service providers who eliminate some of the effort issuers need to go through in creating a mortgage-backed security. Depending on what the end customer is looking for, aggregators can seek out and purchase a defined type ofmortgagefrom a dive...
After the wholesale real estate contract is in place, the wholesaler attempts to find an interested investor. Once found, the wholesaler reassigns the contract to the investor at an agreed-upon higher price. The difference in prices is known as the wholesale fee and can be 5% to 10% of the...