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Courts may change buyer-seller fees in Florida. Tom Hudson. January 18, 2024 at 1:06 PM. ... An agent selling the house offers a commission to an agent who works with the eventual buyer. That ...
The median time between a seller listing their house and signing a contract took a few more days in September compared to August: Martin: 59 days, up from 48 St. Lucie: 46 days, up from 45
Some U.S. state real estate commissions – notably Florida's [5] after 1992 (and extended in 2003) and Colorado's [6] after 1994 (with changes in 2003) created the option of having no agency or fiduciary relationship between brokers and sellers or buyers.
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An earnest money deposit from the buyer(s) customarily accompanies an offer to buy real estate and the deposit is held by a third party, like a title company, attorney or sometimes the seller. The amount, a small fraction of the total price, is listed in the contract, with the remainder of the cost to be paid at the closing.
When a seller makes a low-ball offer this means an item or service is offered at a lower price than what is needed actually for the desired profit margin to be realized. The seller makes the offer with the intent of quickly raising the price in order to increase profits and/or with the intent of selling would-be buyers additional, more ...
A seller’s market is six months’ inventory or less. “We’re just not getting any buyer activity,” he said. “Last year, about 50% of our deals were cash.
The "mirror image rule" states that if you are to accept an offer, you must accept an offer exactly, without modifications; if you change the offer in any way, this is a counter-offer that kills the original offer and the original offer cannot be accepted at a future time. [41]
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