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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 441
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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. In these stressful situations, buyers may take comfort in knowing that they’ve put forth their strongest offer. . Free Guide : Become a social media master with this free Social Media Toolkit for Real Estate Agents.

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

Housing Wire

Mimi Foster, a real estate agent, told MarketWatch the home was like “walking into a crime scene.”. She received multiple cash offers that were well over the asking price. If you’re looking to buy a home, be prepared to make an offer higher than what’s listed. In today’s market, sellers are juggling multiple offers at once.

Buyers 450
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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

If the owners are trying to sell by means of their own resources -- a sign or classified advertisement, say -- it is still wise to keep a buyer's agent on hand. On the other hand, if there is no evidence of intent to sell, the agent can help you contact and negotiate with the owner.

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Market Data for Real Estate Helps Counter Low-Ball Offers

Home Junction

In one instance, you have sellers enjoying multiple offers on a property and achieving a nice percentage increase above their asking price. It is during those times that homeowners will really come to depend on their agent for assistance. Experienced agents are familiar with this dance. They feel insulted. It can get ugly.

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The REO Guide: 10 Steps to Buying a Bank-Owned Home

PennyMac

Real estate agent: A real estate agent will be able to find REO offerings from multiple lenders in your desired area. Online services: Other online services, such as Zillow , offer tools to look up foreclosures by certain characteristics or in certain areas. Step 6: Make an Offer.