Richard Haddad

Managing Editor at HomeLight

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Articles

When Should a Seller Buy Down the Interest Rate for a Buyer?

6 days ago | homelight.com | Richard Haddad

If a child can’t reach an apple on a tree, do you lower the branch or give them a step stool? This is the concept behind the question, “When should a home seller buy down the interest rate for a potential buyer?” High interest rates have left many buyers stretching to afford today’s monthly mortgage payments. To close a deal, you might receive a request to lower your asking price.
How to Buy Investment Property: An Expert Shares 6 Tips

1 week ago | homelight.com | Richard Haddad

Theodore Roosevelt once said that every person who invests in well-selected real estate “adopts the surest and safest method of becoming independent.” Experienced investors will agree that a well-selected property is key, but few would label the process as “sure or safe.”However, with the right plan, patience, and determination, many ordinary Americans have found financial independence or helpful passive income through real estate investing.
What Is a Full-Service Realtor? What Sellers Can Expect

1 week ago | homelight.com | Richard Haddad

Selling a home for the first time presents a wave of “must get it right” tasks, such as setting the price, prepping the house, marketing it to stand out, and negotiating to close the deal with the most proceeds. This is where a full-service Realtor can turn the tide in your favor. But what “full services” does a full-service Realtor provide? How much will it cost? And how do you know if you’re hiring someone you can trust?
How Much Does the Date My Home Was Built Matter When Selling It?

1 week ago | homelight.com | Richard Haddad

If you’re preparing to sell an older house, you might be concerned about what buyers will think. But how much does the date a home was built matter? The answer depends on how well you’ve cared for the house, how it’s marketed, and your ability to think like a buyer. “Sellers should be very aware that buyers need to feel like everything is in good working order,” explains top Colorado Springs agent Aubrey Cook. “The best way to put that in a different perspective is if you buy an older car.
NAR’s Announces New Multiple Listing Options for Sellers Policy

1 week ago | homelight.com | Richard Haddad

If you’re planning to sell your home soon, a new policy from the National Association of Realtors (NAR) could give you more control over how your listing is shared, who sees it, and when. The recently announced Multiple Listing Options for Sellers policy works alongside NAR’s existing Clear Cooperation Policy (CCP) to offer sellers more marketing choices — including greater privacy during the early stages of selling a home.
Selling Your Home? Why a Build-to-Rent Move Could Make Sense Today

2 weeks ago | homelight.com | Richard Haddad

If you’re thinking about selling your home, you’re not alone in weighing your next move carefully. With today’s elevated home prices and higher interest rates, many homeowners who locked in a low mortgage rate during the pandemic are reluctant to jump into another purchase. Enter the build-to-rent (BTR) option. Build-to-rent homes are newer, professionally managed single-family houses built specifically for renting.
When Do You Get Money From Selling Your House?

2 weeks ago | homelight.com | Richard Haddad

You’ve finally got what looks like a solid contract to sell your home and a closing date on the calendar. Now you’re wondering: When do you get money from selling your house? Knowing when your sale proceeds will hit your account can help you plan your next move — whether that’s buying another home, covering moving expenses, or paying off debts. Most sellers receive their money shortly after closing, but exactly how soon depends on a few key details.
FSBO Statistics: Will You Save Money Selling By Owner?

2 weeks ago | homelight.com | Richard Haddad

In today’s market, home sellers are looking for ways to keep as much of their sale proceeds as possible. Some sellers choose to take the “For Sale By Owner” (FSBO) route to avoid paying Realtor fees. But will you save money selling by owner? What do the latest FSBO statistics tell us? In this post, we provide key FSBO statistics to help you decide if selling by owner is the right path for you. We’ve also researched the numbers to show you estimated FSBO statistics in each state.
Listing on the MLS Without a Realtor

2 weeks ago | homelight.com | Richard Haddad

If you’ve decided to take the “For Sale By Owner” (FSBO) route to sell your home, you can still get your listing on the MLS without a Realtor. In fact, having your house appear on the multiple listing service is not only possible, but in most cases it’s a must if you want to have a profitable and timely sale. Here’s what you need to know about how the process works, what it might cost, and how to decide if this DIY approach fits your selling goals.
What’s the Average House Price in the USA?

3 weeks ago | homelight.com | Richard Haddad

As a homeowner, every mortgage payment you make is an investment in yourself. Even if only a small portion of it goes toward your principal loan balance, it’s typically better than paying rent. If you were to sell your home today, how would your investment stack up against the average house price in the USA? In this post, we’ll look at the current numbers, how house prices have changed over time, and how to get a more personalized estimate for your property.