Vilas Point Real Estate’s Post

⏱️ How long until you get the check when selling? Here's a typical timeline: 1️⃣ Accepted offer - You're under contract! ✍️ 2️⃣ Inspection - Within 7-10 days of offer acceptance 👀 3️⃣ Repairs and renegotiation - Can take weeks 🛠️ 4️⃣ Appraisal - 1-2 weeks for lender valuation 🏘️ 5️⃣ Final walkthrough - 1-2 days before closing 🚶♂️ 6️⃣ Closing - Title transfer and check-in hand! 🏦 Each sale is unique but typically 30-45 days from the offer to check. I'll help you: 📅 Set realistic expectations ⏰ Monitor progress and timelines ✅ Resolve issues that pop up Let's get you from offer to check as quickly as possible! 💸 #Seller #REMAXPreferred #VilasPointRealEstate #AcceptedOffer

As a homeowner/investor, if my listing agent/broker is not showing my properties to potential buyers due to not having a buyer contract... You aren't doing your job and you're in breach of your fiduciary and other obligations. How are you going to sell a property without showing it?! What needs to happen is the responsibility of showing a property needs to come back on the listing agents and buyer's agents can come in after buyer's have decided they want to make an offer and need help closing. Today's buyer's agents turn into offer, coordinating & closing agents which btw, there are plenty of ways to provide value/make money. Negotiation, loans, appraisals, inspections, repairs, remodeling, title, escrow... closing agents can and should make money from their referrals to all of the other trades and necessary service providers that are needed to close.

4 Reasons To Get Pre-approved ➡️ Educate yourself on loan options ➡️ Allow yourself to plan for the future ➡️ Know what you can afford ➡️ Position yourself as a serious buyer Trudy Finlayson REALTOR DRE# 01146431 NMLS# 1994910 | NMLS# 902882 ☎️ (909) 215-6286 #HomeBuyingTips #PreApproval #SeriousBuyer #FinancialPlanning #RealEstateAdvice #YourRealEstateExpert

This is how the transaction should go for first time buyers and repeat buyers.

Whether it's a good time to buy or sell depends on multiple factors, and many caring real estate professionals are around to help you make that decision. We recommend connecting with a Realtor and loan officer first and then leaning on us for your title and closing services. We are here to help with every new chapter! ☎️ 636-240-5261 🖥️ securitytitlestl.com

Here are my 3 tips for a seamless closing..   01 – Prepare: make sure you have all the necessary documentation and paperwork in order, well before the closing date.   02 – Clear Communication: Maintain open communication with all parties involved in the transaction, including your real estate agent, lender, title company, and the seller (if applicable).   03 – Schedule a final walk-through: Final walk-throughs are so important as they ensure the property is in the agreed-upon condition.   I hope these tips will help minimize any stress you have during the final stage of your transaction! 🙌   If you are thinking of buying or selling, 💬 message me and we can walk through the steps of the closing process 👇   #closingtips #closingday #realestateagent #moveyourway #KellerWlliamsRealtyPremier 

Swipe for tips, but keep reading for an industry secret 🤐 One overlooked benefit of having agent representation is the relationships agents have with others in the industry. Whether it's an offer that comes in from an agent who is known for getting deals done or a lender being used who has the reputation of being easy to get ahold of, relationships with others in the industry can impact your transaction in the most positive way! There are so many lenders and agents and contractors and inspectors I know I can call who will be happy to help me out. When it comes to buying or selling in 2024, those relationships are invaluable! It's more than the highest offer. It's more than good terms. Real estate has always been about relationships. ❤️

Why Cross-Qualifying Buyers is Non-Negotiable for Seller’s Agents In today’s fast-moving real estate environment, the stakes are high for sellers. Ensuring that buyers are financially qualified is crucial to preventing costly delays and failed escrows. As a seller’s agent, cross-qualifying buyers before accepting offers allows you to identify any financial red flags early on, which can save time, reduce stress, and ultimately protect your client’s interests. 🚀 This extra layer of diligence strengthens your negotiating power and gives your client peace of mind, knowing that the buyer can successfully close on the property. Making cross-qualification a standard part of your listing process shows professionalism and foresight. ✅ Are you currently using cross-qualification to safeguard your deals? If not, it’s time to start. Reach out to a trusted lender and get the conversation going today! Let’s connect and discuss best practices to streamline this process. #RealEstateProfessionals #CrossQualification #SellerRepresentation #MortgageInsights #LockeYourLoan

I talked about the buyer’s side this morning, but what about the seller’s side? Curious about how the recent NAR settlements are affecting selling right now? Here's a quick breakdown of what sellers need to know! 📝 . ➡️ Traditionally, you and your agent pick a listing price, which includes a portion for the buyer's broker. This is listed in the Multiple Listing Service (MLS) for all agents to see. Now, with the new settlement, your agent can’t advertise that compensation in the MLS. . ➡️ As a seller, you can still offer to pay the buyer's broker, but it's something you'll decide with your agent, case by case. Everything will be documented in writing, and your agent will follow the new rules as they come out. . ➡️ Remember, some buyers might need their broker's fee covered because they can't afford it themselves. If you choose not to pay the buyer's broker, you might miss out on those buyers. . Communication with your agent is key—make sure they can clearly convey your decisions to potential buyers and their brokers. Choose an agent with strong communication skills to ensure a smooth process. . Click here for more!  https://lnkd.in/ebZEH44G (Disclaimer: Some rules have changed since this recording for VA loans, you should always talk to your lender about what is and isn't allowed.) . #leighbrown #onecommunity