Exclusive Right to Sell is a contract that grants an exclusive right to sell a property, ensuring commission even if you make the sale yourself. In light of the 2024 NAR agreement, the contracts themselves have undergone many changes and provide the seller more control than ever over commission details.The overwhelming majority of all papers devoted to the Exclusive Right to Sell are written from the...
Typically, your buyer's agent will submit your purchase offer to the listing agent, and the latter will present it to the seller on your behalf. However, due to post-NAR settlement procedures, it's not such a straightforward process anymore, because the buyer is now an unrepresented party who's vulnerable to the consequences of implied agency, your state has certain regulations regarding buyer agency, and...
Indeed, the FHFA finds itself facing an issue that it can no longer ignore. As noted in the FHFA's most recent annual report to Congress, the FHFA is requesting statutory authority to enforce mortgage fraud directly, whether it be through being allowed to file suit in federal or state court, or by pushing Congress to create a special federal civil cause of action for such enforcement actions. At first...
There comes a point in time in which mobile home sellers realize that despite following all the online guidelines to selling a mobile home, such as cleaning the unit, getting an appraisal, listing it on major websites, and finding a buyer, something goes wrong. After weeks into the escrow period, it all falls apart as the park manager denies the seller's buyer for no particular reason, the financing falls...
When it comes to affordable living in a national market where affordability seems but a memory, Topeka, Kansas offers something unique. It ranks among the best cities for price-sensitive buyers, and the statistics prove it.A Price Gap That Speaks VolumesWhat distinguishes Topeka’s real estate scene is its significant discount to the rest of the nation. As per Redfin, the median sales price for houses in...