Lamacchia Realty
JUNE 21, 2022
For the past few years, with inventory at historically low levels , sellers were coming pretty close to naming their price and buyers were paying. The low rates made it possible to offer more on a home as the cost of borrowing was lower and therefore, sellers weren’t the ones competing, buyers were. The same will be true for sellers.
Birmingham Appraisal
FEBRUARY 20, 2024
It’s important to understand that collaboration does not mean that both parties must work together so that the deal closes at the contract price no matter what. While the agent acts on behalf of their seller, it is important for their pricing strategy to also be based on the most up-to-date and accurate market data.
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Town & Country Residential Appraisals
DECEMBER 16, 2019
This means that over the years we have received properties from real estate agents on properties where we had a question as to the rationale used to develop a contract price. They tell, “How much do sellers want,” but not the other half of the story, “how much are buyers willing to pay.” Sometimes they aren’t “comps” at all.
Birmingham Appraisal
SEPTEMBER 26, 2023
Some people will say that it is market value because you have a willing buyer and a willing seller. For sellers, this can be appealing, as it may justify a higher asking price. Including an exceptionally high sale in an area with mainly moderate values can give a false impression of what typical buyers and sellers can expect.
Listing Spark
MARCH 18, 2024
Buyers in that pricing bracket will look at other properties that make more sense for the price, and your home will stagnate on the active market. Electronic Signature Tools Today’s contracts often accommodate digital signatures rather than conventional wet signatures on printed documents.
Lamacchia Realty
MARCH 26, 2024
Source Inventory rises when more sellers are listing than buyers are buying. The chart below shows the median time to contract, which is the number of days it takes for the property to be considered off the market. When there are market changes it often takes sellers time to first realize it and then be willing to accept it.
Appraisal Today
APRIL 14, 2023
The degree and cost to cure becomes an issue to buyers and sellers, and a challenge for appraisers. Appraisers sought to bracket the subject using three comparable sales. We have learned how to address areas that tend to be sticking points for Fannie Mae and Freddie Mac, such as bracketing elements of comparison. percent from 6.40
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