Changes are going into effect on 8.17.24 for home selling and hobe buying. https://lnkd.in/e_HH5nbN
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After August 17th, Home Buying & Selling will never be the same 🚨 The NAR Settlement removes co-broke commission fields from the MLS. Home buyers seeking help from an agent will need buyer agency agreements that clearly define their agent's compensation. Purchasing a home will be more expensive for home buyers since they will need to budget to pay their agent in addition to the rising home costs and interest rates. Home sellers can offer concessions to reduce the buyer's cost burden, making their homes more marketable. However, concessions will likely be rare in competitive markets, and buyers must prepare to pay more to compete.
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According to reports, 80% of sellers who did NOT use an agent have regrets about their home sale, and 54% wish they used a real estate agent, according to a survey of recent home sellers: #realestate #equity #realtors
Home Sellers Who Used an Agent Earned $79,000 Higher Profit Than Nontraditional Sellers
prnewswire.com
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Ever stumbled upon 'Contingent' vs 'Pending' in property listings and wondered what they mean? 🤔🏠 Contingent deals are still waiting on certain conditions to be met, while pending sales have cleared those hurdles and are just awaiting closure. Understanding these terms can significantly impact your home buying strategy. Let's dive into why knowing the difference matters in your property hunt! https://lnkd.in/gGX-uw8X #RealEstateTerms #HomeBuyingTips #ContingentVsPending
Contingent vs Pending
newamericanfunding.com
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4 signs a pending home sale will fall through How often does a pending home sale fall through? A pending sale may be referred to as “under contract” by some real estate agents. Regardless of terminology, the meaning is the same. A sale is considered pending until the seller formally accepts an offer from a buyer. Once the offer is accepted, a contract must be signed by both parties. For this reason, “under contract” is slightly more specific to the overall time a real estate transaction spends as “pending.” At the time of closing, both parties agree to sign all necessary documents. Once signatures have been completed, the deal is closed. https://lnkd.in/gbwHi9CA
4 signs a pending home sale will fall through | RealTrends Verified
realtrends.com
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Ever stumbled upon 'Contingent' vs 'Pending' in property listings and wondered what they mean? 🤔🏠 Contingent deals are still waiting on certain conditions to be met, while pending sales have cleared those hurdles and are just awaiting closure. Understanding these terms can significantly impact your home buying strategy. Let's dive into why knowing the difference matters in your property hunt! #RealEstateTerms #HomeBuyingTips #ContingentVsPending https://bit.ly/3QU2pwn
Contingent vs Pending
newamericanfunding.com
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Ever stumbled upon 'Contingent' vs 'Pending' in property listings and wondered what they mean? 🤔🏠 Contingent deals are still waiting on certain conditions to be met, while pending sales have cleared those hurdles and are just awaiting closure. Understanding these terms can significantly impact your home buying strategy. Let's dive into why knowing the difference matters in your property hunt! #RealEstateTerms #HomeBuyingTips #ContingentVsPending https://bit.ly/3QU2pwn
Contingent vs Pending
newamericanfunding.com
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Ever stumbled upon 'Contingent' vs 'Pending' in property listings and wondered what they mean? 🤔🏠 Contingent deals are still waiting on certain conditions to be met, while pending sales have cleared those hurdles and are just awaiting closure. Understanding these terms can significantly impact your home buying strategy. Let's dive into why knowing the difference matters in your property hunt! #RealEstateTerms #HomeBuyingTips #ContingentVsPending https://bit.ly/3QU2pwn
Contingent vs Pending
newamericanfunding.com
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Ever stumbled upon 'Contingent' vs 'Pending' in property listings and wondered what they mean? 🤔🏠 Contingent deals are still waiting on certain conditions to be met, while pending sales have cleared those hurdles and are just awaiting closure. Understanding these terms can significantly impact your home buying strategy. Let's dive into why knowing the difference matters in your property hunt! #RealEstateTerms #HomeBuyingTips #ContingentVsPending https://bit.ly/3QU2pwn
Contingent vs Pending
newamericanfunding.com
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Ever stumbled upon 'Contingent' vs 'Pending' in property listings and wondered what they mean? 🤔🏠 Contingent deals are still waiting on certain conditions to be met, while pending sales have cleared those hurdles and are just awaiting closure. Understanding these terms can significantly impact your home buying strategy. Let's dive into why knowing the difference matters in your property hunt! #RealEstateTerms #HomeBuyingTips #ContingentVsPending https://bit.ly/3QU2pwn
Contingent vs Pending
newamericanfunding.com
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Ever stumbled upon 'Contingent' vs 'Pending' in property listings and wondered what they mean? 🤔🏠 Contingent deals are still waiting on certain conditions to be met, while pending sales have cleared those hurdles and are just awaiting closure. Understanding these terms can significantly impact your home buying strategy. Let's dive into why knowing the difference matters in your property hunt! #RealEstateTerms #HomeBuyingTips #ContingentVsPending https://bit.ly/3QU2pwn
Contingent vs Pending
newamericanfunding.com
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