Scripps News

When a home is sold, agents typically split a commission that equals about 5%-6% of the purchase price. New changes could cause a significant shift in how real estate agents are compensated.

Homebuyers, real estate agents face major change starting Aug. 17

GOBankingRates

According to Newsweek, millennials are driving a trend of young, self-made millionaires who break the mold of the traditional trust fund baby. Instead of relying on inherited wealth and old money,...

Top 5 States Where Rich Millennials Are Buying Homes, According to Real Estate Agents

Sandy Post

Working with a real estate agent can give both buyers and sellers an edge in what continues to be a challenging real estate market.
                Agents, brokers and Realtors are professionals with distinct expertise and knowledge of buying and selling homes. That expertise is evidenced by how many people rely on real estate professionals yearly. A 2022 Zillow Group Consumer Housing Trends report found that 88% of homeowners choose to list their homes with a real estate agent when it comes time to sell.
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Six tips to find the right real estate agent

Tampa, FL

Business Insider

In almost all of the largest US cities, more home sellers are cutting their asking prices than at the same time last year.

Home sellers are getting more desperate in these 10 cities — and that's good news for buyers

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Trailer Empire

The National Association of Realtors (NAR) is steering through a sea of change following its landmark antitrust settlement. With a tight deadline approaching on August 17, the 1.5 million-member trade group is busy rolling out new consumer guides that cast recent changes in a favorable light, despite a backdrop of controversy and evolving industry norms.

NAR's Settlement Shifts: What Homebuyers and Sellers Need to Know

TheStreet

The personal finance personality explains his homebuying views.

Dave Ramsey shares strong words on buying a home and real estate now

While we adhere to strict editorial guidelines, partners on this page also provide us earnings. Are you planning to sell your home? Before you start counting your capital gains, consider digging into what costs you could incur during the stages before the sale. A new report from St. Louis-based Clever...

Planning to sell your home in 2024? Here’s how much you’ll have to spend before you can enjoy any profit

Colorado State

Fort Collins, CO

Distractify

Ever since 2021, the housing market has spiraled out of control, with mortgage rates skyrocketing and more corporations owning private residences than ever before. In fact, it's now harder for the average American to purchase a house than it was for folks during the Great Depression. It seems like some folks are attempting to take advantage of the fervor surrounding people's obsessions with securing real estate in specific parts of the country.Like these home sellers spotted by a TikToker named Meg (@megherita) who uploaded a viral clip discussing an overpriced house she and her boyfriend have been closely monitoring in...

“Overpriced” Home Shocks Woman Once She Sees What Sellers Bought It for Only 7 Years Prior

The thrill of selling your home can quickly turn into a daunting and expensive experience, especially when you factor in the hefty commission fees of a realtor. With the average realtor commission ranging from 4-6% of the sale price, it's no wonder that many homeowners are seeking alternative ways to sell their property without breaking the bank.

Bye-Bye Commission: The Ultimate Guide to Selling Your Home Without a Realtor

When it comes to the NAR settlement—based on a survey that was done with BAM and 1000watt—77% of sellers are willing to offer buyer agent compensation outside of the MLS. They’re willing to adapt to new rules. What that means is you have to be ready to...

How to Explain 4 Positives of Offering Buyer Agent Compensation to Sellers

Selling a home is one of the largest money moves most people make in their whole lives. While it can be a lucrative way to build wealth, the process is fraught with potential pitfalls. Rachel Cruze,...

5 Mistakes To Avoid When Selling Your Home, According to Money Expert Rachel Cruze

Conway Gittens: I’m Conway Gittens reporting from the New York Stock Exchange. Here’s what we’re watching on TheStreet today. Wall Street begins a new week with a focus on economic data. Investors are keen to see if readings on consumer and producer prices nudge the Federal Reserve towards a ...

Retirees set for historic cost of living adjustment increase

Charlotte, NC

Fox Business

A new report published by Realtor.com found that the share of available home listings that saw a price cut in July rose to the highest level in two years.

Home prices are finally starting to fall – and they dropped the most in these 3 cities

NewsNinja

"They accidentally gave us 2 washers and a dryer when we only ordered 1 of each". Last month, Lowe’s experienced a glitch that lowered the price of its $2,300 Midea jumbo capacity refrigerator to just $169.

‘Lowe’s messed up’: Shopper says they got $2,300 fridge at Lowe’s for just $169

The “MisinfoNation” series returns with a new chapter in Donie O’Sullivan’s investigation into the pervasive surge of misinformation targeting American elections. Tune into “The Whole Story with Anderson Cooper” on Sunday, August 11 at 8pm ET/PT.

Listen to what Trump supporter says will happen if he loses in November

Chambersburg, PA

Trenton Miller recorded himself running through homes for sale and went viral. Now other brokers pay him $1,500 to film speed tours of their listings.

A 19-year-old real-estate agent has found an ingenious new way to sell homes and make money

SmartAsset

A real estate purchase agreement is a document used in property transactions. It serves as a binding contract between buyer and seller, detailing all the essential terms and conditions of the sale like purchase price and closing date to contingencies and specific responsibilities. This agreement ensures that both parties are on the same page, paving […] The post What Is a Real Estate Purchase Agreement? appeared first on SmartReads by SmartAsset.

What Is a Real Estate Purchase Agreement?

New Jersey State

The price of housing has become absurdly expensive, making it difficult to imagine the halcyon days of the post-WWII American Dream, when home ownership was a lot more affordable. Unfortunately, the...

How Much Homes Could Cost in Every State in 2030

Will it be easier to buy a house next year, and should we expect a housing market crash? Here's how to prepare based on housing market predictions for 2024.

Housing market predictions 2024: What homebuyers should know

Indiana State

It hasn’t been quite so easy to sell a house in 2024. High mortgage rates are making buyers pause. Nearly a third of homes stayed on the market for more than 30 days across the entire U.S. as of July 2024, according to Realtor.com data reviewed by Cash For Home, a company that arranges cash offers.

How long will it take to sell a home? It depends on the state where you live.

NewsBreak

Biggest shakeup in a century set to hit real estate agents this week: Here’s how they’re preparing

Realtors across the country are bracing for a seismic shift in the way they do business. Starting August 17, new rules will roll out that overhaul...

Biggest shakeup in a century set to hit real estate agents this week: Here’s how they’re preparing

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