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What to do when your buyer wants to make a lowball property offer

Housing Wire

What constitutes a “lowball” offer, when is it appropriate or not appropriate and how can you encourage your buyer clients to stop insisting on offering a price that’s unlikely to result in an offer? By definition, a lowball offer is an offer that is significantly below market value.

Buyers 438
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Homes are selling well over listing prices as buyers compete against each other

Housing Wire

But even though home prices are at record highs , buyers are still in the market. Not only are they shopping, but they’re putting down offers well over the listing price. A buyer in Austin, Texas paid $1 million over a home’s listing price. How to negotiate your home purchase offer. Are you in the market for a home?

Buyers 450
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How to Conduct a Smooth Real Estate Transaction

McKissock

As a buyer agent , it is your job to be the voice of reason, the buffer, and sometimes the peacemaker. Here are some tips on how to make the real estate transaction process as smooth as possible for you and your buyer clients. Making an offer. Constructing a real estate offer is an art. Competing with other buyers.

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10 Real Estate Tips BEFORE You Sell Your Home

Raleigh Realty

Find A Reputable Real Estate Agent Probably the most valuable tip you can take with you when you are selling your home is to find a real estate agent that will guide you through the process. A great Agent will net you more money even while paying a commission. So how do we determine how much you should be listing your home for?

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Purchasing & Developing Land - Part 2 - The Process of Purchasing Land

Eppraisal

Once a suitable piece of vacant land becomes available, a prospective buyer must then determine what price is worth the acquisition. Contacting the Seller The first question a buyer must answer is whether the lot is listed for sale or not. Subsequently, the process of conveyance must proceed.

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Market Data for Real Estate Helps Counter Low-Ball Offers

Home Junction

It is during those times that homeowners will really come to depend on their agent for assistance. When it’s a buyer’s market, there are the reasonable buyers who might come in a little low on an offer. Then there are the extreme opportunistic buyers. Experienced agents are familiar with this dance.

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Appraisals 101: What to Expect From the Home Appraisal Process

Raleigh Realty

Like making counter-offers and going through the home inspection process, the home appraisal can be a sticking point between buyer and seller. As a buyer, you're entitled to a copy of your appraisal report promptly and no later than three days before your closing date. Finding that rare all-cash offer isn't easy.