Housing Wire
JANUARY 24, 2024
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.
Housing Wire
JULY 9, 2021
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.
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McKissock
JULY 26, 2022
As a buyer agent , it is your job to be the voice of reason, the buffer, and sometimes the peacemaker. In order to reach an acceptable agreement with the most favorable terms, make sure your buyers are aware of the market and the most important factors when constructing an offer. Requests to sellers to pay closing costs.
Eppraisal
JANUARY 29, 2023
Contacting the Seller The first question a buyer must answer is whether the lot is listed for sale or not. For a property that is listed with a real estate broker, the prospective purchaser should retain an experienced buyer's real estate broker to facilitate negotiations with the seller's broker.
Raleigh Realty
FEBRUARY 19, 2022
Like making counter-offers and going through the home inspection process, the home appraisal can be a sticking point between buyer and seller. The first thing you should do: call your agent, tell them the appraisal price is the highest you're willing to pay, and have them tell the seller so.
Home Junction
MAY 12, 2020
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. As we know, in some situations, sellers will cave in. Usually because they have to.
PennyMac
DECEMBER 22, 2020
In many cases, lenders are motivated sellers who do not want to sit on their REO inventory, and (depending on the bank’s history with the property) these homes may be priced at a discount. Real estate agent: A real estate agent will be able to find REO offerings from multiple lenders in your desired area.
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