Remove 2019 Remove Buyers Remove Open Houses Remove Sellers
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Download these 9 real estate prospecting letter templates that actually work

Housing Wire

We negotiated to get the sellers the highest price possible. There are still plenty of buyers interested in this area. In fact, we had (number) offers, which means there are still ready, willing, and qualified buyers eager to make an offer! Many of us are in sellers’ markets with very low inventory.

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Are Open Houses Worth It?

Eppraisal

Historically, open houses have been a marketing staple for listing agents. Open houses can be an effective tool in a buyer's real estate market. However, we are in a sizzling hot seller's market right now. " The Covid-19 pandemic also changed the concept of open houses.

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HousingStack Phase 4: Lead conversion

Housing Wire

So the products I’ve put into this category are really focused on either helping agents win listings or helping them convert lookers into buyers. The first is listing tools – the products designed for you to convert potential sellers into listing contracts. Seller tools / Buyer conversion tools.

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What Could Make Home Prices Drop in 2023?

Empire Appraisal Group

Buyer demand has dropped due to rising rates, and seller supply slowed too, creating an uneasy balance. But if buyers drop or sellers expand more, it will impact prices. housing market is in an uneasy state of equilibrium. What Could Make Home Prices Drop in 2023? Source: What Could Make Home Prices Drop in 2023?

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Home Inspections: What Buyers Can and Cannot Do

Will Springer Realtor

(This is an updated post from one originally published in January 2019.). One of the most valuable components to a buyer’s offer is the home inspection contingency, an opportunity to check the condition of the property before agreeing to close the deal. The buyer’s broker will review timelines and help find a reputable inspector.

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Current Real Estate Industry Trends

D Fritz Appraisals

Live-streamed open houses, virtual walkthroughs, masks and sanitizer waiting at listed homes became common as the first weeks wore on. As a result, in June the number of homes on the market was much closer to 2019 numbers and sales in June 2020 in the VREB region surpassed sales from June 2019. Condo sales are down 3.2%

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Price Adjustments and the 2023 Market

Lamacchia Realty

Now, a year and a half later, with rates up to 8%, buyer affordability is significantly diminished. Furthermore, potential sellers with covid-era mortgage rates of around 3% aren’t actually listing because it means they’d have to give up that historic rate and trade it in for one that is two to three times higher.