Where is Mark Spain now?
Spain is now an anchor at Lynchburg, Virginia’s WSET (TV).
How much do Mark Spain agents make?
How much does a Real Estate Agent make at Mark Spain Real Estate in the United States? Average Mark Spain Real Estate Real Estate Agent yearly pay in the United States is approximately $84,497, which meets the national average.
Is Mark Spain a real person?
Mark Spain is a second generation real estate agent and entrepreneur. He is a graduate of the University of Georgia’s Terry College of Business where he majored in Business Management. His firm, Mark Spain Real Estate, has grown to over 125 employees across seven offices.
Is Mark Spain a local realtor?
1 sales team in the southeast for Keller Williams Realty, the Mark Spain Team has just made a significant change for their organization. Founder Mark Spain has announced he is leaving the Keller Williams family and launching his own independent real estate brokerage Mark Spain Real Estate.
What is a guaranteed offer?
A guaranteed sale is where a real estate agency agrees to purchase a property from the seller for a specific amount if it goes unsold for a certain time period.
What does active under contract in real estate mean?
“Active Under Contract” is a real estate term that indicates the status of real property (single family home, condo, townhome, etc.) that has been put up for sale wherein a seller has accepted an offer from a buyer, but the deal has not yet closed. This term is primarily used in the State of California.
Can a seller accept another offer while under contract?
A seller cannot accept another offer if the listing became “in-contract.” A home is “in-contract” after the buyer and the seller have signed the contract.
What is the difference between pending sale and under contract?
UNDER CONTRACT – indicates a property where an offer has been written and accepted by both parties. Many things can go awry during the under contract period and a fair number of homes will come back on the market. PENDING – means that all of the above have been satisfied.
Can a seller reject a full price offer?
Home sellers are free to reject or counter even a contingency-free, full-price offers, and aren’t bound to any terms until they sign a written real estate purchase agreement.
Can a seller accept two offers?
Sellers can accept the “best” offer; they can inform all potential purchasers that other offers are “on the table”; they can “counter” one offer while putting the other offers to the side awaiting a decision on the counter-offer; or they can “counter” one offer and reject the others.
What comes first under contract or pending?
The home is under contract and all contingencies have been removed (that is, the requirements met). Basically, a sale pending property is much closer to being sold than an under contract property.
Should you ever offer asking price?
Many people put their first offer in at 5% to 10% below the asking price as a lot of sellers will price their houses above the actual valuation, to make room for negotiations. Don’t go in too low or too high for your opening bid. If you make an offer that’s way below the asking price, you won’t be taken seriously.
What is a lowball offer?
A lowball offer is a slang term for an offer that is significantly below the seller’s asking price, or a quote that is deliberately lower than the price the seller intends to charge. To lowball also means to deliberately give a false estimate for something.
Can a Realtor lie about other offers?
Yes, the occasional real estate agent might lie about an offer. However, the vast majority would never do so. In real estate personal recommendations and reputation are critical to success. The loss to an agents professional reputation and the subsequent impact on their business would far outweigh any financial gain.
Can a seller back out of accepted offer?
The contract has yet to be signed – If the contract hasn’t been officially signed, a seller can back out of the deal at any time without any issues. If the seller doesn’t want to wait for the buyer to find another source of financing, then they are allowed to walk away from the deal.
Is pending and under contract the same thing?
‘Under Contract’ is probably the most accurate way to describe a pending or ‘contingent’ sale. It means the same as the other statuses above; a buyer and seller have agreed to terms and have executed a contract. But, the contract has yet to go to closing.
How much should I offer on a house below asking price 2020?
What is considered a lowball offer?
A lowball offer refers to an offer that is far less than the seller’s asking price or is deliberately too low, as a means of starting negotiations. Lowball offers are typically used as an incentive to get a seller to lower the price on something, particularly if the seller is in need of quick funding.
Can you offer 10 below asking price?
However, if you find out from the estate agent the sellers motivation is finding the highest offer, you may have to submit a less cheeky offer, only 5-10% below asking price, which the estate agent should advise the seller to consider, as this is actually the true value of the house.
How do you tell if a house has an offer?
Drive past the house, if possible, and check the sign in the front yard. Look for a “sale pending” rider attached to the sign. You might also see “under contract” or “contract pending.” These riders all mean that the seller has received an offer that’s pending on the house.