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eXp Realty launches Exclusives app

Housing Wire

1 brokerage by transaction side count announced the launch of eXp Exclusives , which will be open to eXp agents and their clients in the U.S. Through eXp Exclusives, participants will be able to share off-market and pre-market listings with other eXp agents and their clients through a mobile app. On Tuesday, the nation’s No.

Realty 397
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Download these 9 real estate prospecting letter templates that actually work

Housing Wire

Check out Wise Pelican Typically, you’d mail the just sold letter to homeowners who live around a property you just helped your client to sell. We negotiated to get the sellers the highest price possible. Even if you’re months or even years away from moving, a seller’s prep session is one of the services I offer homeowners.

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New American Funding partners with EasyKnock on sale-leaseback program

Housing Wire

California lender New American Funding has partnered with EasyKnock, a New York startup that buys homes and rents them back to sellers, allowing clients to access their home equity through non-traditional means. The majority of its revenue comes from rents, set at market rates by using third-party data.

Tenants 325
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Buyers Face Extreme Risks When Sellers Extend Their Stay

Will Springer Realtor

In a sellers’ market where new listings are scarce, owners are requesting time – days or weeks – to find their next residence and move. Once the home is sold, roles are reversed … with a twist: Buyer becomes owner and landlord while seller turns tenant, highly protected by state and local occupancy laws. Two weeks come and go.

Sellers 36
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Opinion: Here’s the latest data on what Realtors are witnessing in the housing market

Housing Wire

Another measure the housing market, is whether a Realtor had a client who had a distressed sale in the last month. In 2008, 49% of Realtors had a client with a distressed sale, today it is only 1%. Investors may have been attracted to the market as they saw rents increase for tenants.

Realtors 379
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How Commission Works with Sellers and Buyers

Eppraisal

This is called cooperating commission with whatever company brings the buyer or tenant. Commission for Buying or Leasing a Home Typically, the commission for buying or leasing a property is paid by the seller or landlord to the buyer's brokerage firm. Then, at closing, they split the commission with the other brokerage.

Sellers 36
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Various Shades of Buyer Representation

Eppraisal

Sellers usually pay real estate commission, and the seller’s brokerage cooperates and shares commission with the buyer’s brokerage. If the seller’s brokerage is not cooperating and sharing commission, you may find yourself paying your buyer’s brokerage the commission. Treat all clients honestly.

Buyers 36