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2024 Bidding Wars – How to Strike and Win

Lamacchia Realty

As predicted , 2024 has started with low inventory, and mortgage rates have remained relatively stable in the high 6’s and low 7’s. They should be well known, respected among agents in the area, and highly specialized in mortgage lending. Real estate is a long game.

Buyers 70
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Why Agents Should Share Their CMA With The Appraiser

Birmingham Appraisal

One tool the agent uses to price the property is the Comparative Market Analysis or CMA, and by sharing this with the appraiser they can better understand what went into the agent’s pricing strategy. Related posts: The Pitfalls of Outlier Sales in Pricing a Listing What is bracketing and why should Realtors do it?

Agents 89
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2022 Bidding Wars – How to Strike and Win

Lamacchia Realty

They should be well known, respected among agents in the area, and highly specialized in mortgage lending. If you widen the search bracket to reflect homes $50K under your budget, you may have an easier time winning a bidding war because you’ll be able to offer much higher than the asking price. Consider Waiving Inspection.

Sellers 72
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2023 Bidding Wars – How to Strike and Win

Lamacchia Realty

They should be well known, respected among agents in the area, and highly specialized in mortgage lending. If you widen the search bracket to reflect homes $50K under your budget, you may have an easier time winning a bidding war because you’ll be able to offer much higher than the asking price. Real estate is a long game.

Buyers 41