August 1st, 2022 at 11:00 am
Buying things is normally a pretty straightforward exchange: a seller puts a price on something, a buyer pays the price, and the seller gives the thing to the buyer. Of course, real estate doesn’t work quite so simply. There’s often more than one potential buyer in the mix, prices get negotiated, and even when a buyer and seller agree to terms, the house may not be sold.
That leads us to the issue of under contract vs pending and what those terms mean in real estate.
Sale pending vs. under contract both refer to periods when a buy and seller have agreed to terms but before the house is officially sold. At a glance, when a home is listed as “pending,” that means the home is in the final stages of a sale. If a home is “under contract,” there are still a few details that the seller and the buyer are waiting to finalize (such as appraisal value), before the sale can continue into the pending sale stage.
(more…)August 1st, 2022 at 11:00 am
Buying a new home is one of life’s most thrilling and exciting experiences. For first-time homebuyers, it’s a quintessential rite of passage that signals the beginning of a brand new phase of life. And even if you’ve been through the process before, it still represents a fresh start.
(more…)July 29th, 2022 at 11:00 am
Pride of ownership is evident in this beautiful Spanish-Revival-style home at 1928 N. Western Avenue in Los Angeles’ Los Feliz neighborhood. Built in 1929, it was designed by famed architect Harry Hayden Whiteley for director Robert McGowan, who along with Hal Roach became famous in the 1920s with the success of the “Our Gang” series.
(more…)July 25th, 2022 at 11:00 am
You’ve had your eyes on a new property, you’re taking that dream job in the next state over, or you’re ready for a change of scenery—either way, when it’s time to sell your home and find a potential buyer, you can expect your to-do list to substantially grow.
In your pre-sale preliminary research, you’ll likely discover that real estate experts recommend home staging, or preparing your home for showings using existing or new furniture pieces, decorations, and accouterments.
If you’re interested in staging, how much should you budget for the process? In this guide, we’ll explore everything you need to consider about the costs of home staging—from your home’s size to the asking price, and more—and explain some of the pros and cons of staging. For tips on how to make your home look professional and welcoming to potential buyers, read up on staging a home for sale before you decide to put your home up for sale.
(more…)July 25th, 2022 at 11:00 am
Real estate transactions, in some ways, can make you feel like a big Hollywood star. There are people taking pictures of your house. You may have staging that you need to do. People ask you about how you live and what your area is like. Yes, the best agents know how to give their clients the celebrity treatment.
But when it comes to choosing agents and understanding their different roles and responsibilities, what’s the difference between a listing agent and a selling agent?
Simply put, a listing agent (also called a sellers agent) helps clients put their properties on the market to be bought by a potential buyer. Selling agents (also called buyers agent), help clients who are looking to purchase a home. However, there’s a lot more to what each real estate agent does than just that.
To clear things up, let’s take a look at listing agent vs. selling agent.
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