When a house goes under contract, it means a seller has accepted an offer from a buyer. But that doesn’t always mean the house is completely off the market. Learn why home purchase contracts can and do fall through.
To afford homeownership in a competitive market, our data shows millennials are willing to take risks, including buying a home sight unseen, purchasing a fixer-upper, and offering over asking price.
SimpleShowing is a real estate brokerage that advertises discounted listing fees for home sellers, as well as large commission rebates for buyers. Based on SimpleShowing reviews from past customers, the potential savings seem genuine. However, the way this company creates those savings may come with tradeoffs — especially when it comes to agent selection.
If you sell your home conventionally, you’ll typically pay a 3% real estate commission to the two agents who handle your transaction: your listing agent and the buyer’s agent. That equals a 6% total commission.
Sellers owe a number of fees at closing, including realtor commission fees, transfer taxes, recording fees, title insurance, and more. Here’s what they are, how much you can expect to pay, and how to save on many seller closing costs.