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2024 Bidding Wars – How to Strike and Win

Lamacchia Realty

With an expert in their corner, buyers will have a highly skilled professional to help them implement some of the following tactics to help set their offer apart from others in a bidding war. Some buyers send that message with a heartfelt letter showing how much they love the home. Appeal to their emotions. Real estate is a long game.

Buyers 70
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Why Agents Should Share Their CMA With The Appraiser

Birmingham Appraisal

Understanding the Role of the Real Estate Appraiser When a home buyer finds a home they would like to purchase and have the need to obtain financing they will work with a lender. Each will determine what features move the needle on value for buyers and this will be reflected in their opinion of value.

Agents 89
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2022 Bidding Wars – How to Strike and Win

Lamacchia Realty

In this ultra-competitive market, buyers need to do all they can to make the strongest offer when the right house becomes available. Then buyers will have a highly-skilled professional to help them implement some of the following tactics to help set their offer apart from others in a bidding war. Consider Waiving Inspection.

Sellers 72
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2023 Bidding Wars – How to Strike and Win

Lamacchia Realty

This stalemate has maintained low inventory and competition among buyers for what is available on the market. Buyers need to do all they can to make the strongest offer when the right house becomes available. Compose a Personal Letter Sellers are often more likely to choose a buyer with whom they feel comfortable.

Buyers 41
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Modern FSBO Listing Services: Innovative Tools You Can Use

Listing Spark

Buyers’ agents use this database to search for properties on behalf of their clients, and public-facing websites like Trulia display listing details to prospective homebuyers. Here’s why it matters so much: Many agents and prospective buyers search by price. If you overprice your home, selling it will take longer.

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7 Easy Steps to Reduce Appraisal Revision Requests

Clear Capital

Buying or refinancing a house is stressful for home buyers, and “being able to rely on a timely valuation can make a big difference,” says Heather Khan, Senior Analyst of Quality Assurance at Clear Capital. When this happens, buyers have to build it into the process to avoid deal expirations. Do careful pre-inspection research.

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6 Ways to Prevent Conventional Loan Appraisal Revisions

Clear Capital

By bracketing the salient features of the house in the appraisal report, appraisers sometimes overlook the proximity and location factors. In the home selection process, location is often the first thing that a buyer looks for in the report. When appraisers use distant sales, they might be looking at a different buyer pool. .