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2024 Bidding Wars – How to Strike and Win

Lamacchia Realty

Due to rising rates and home prices that have continued to influence consumer spending, 2023 saw the lowest inventory in recorded history, and in 2024, sellers are still hesitant to enter the market. Offer Over Asking Sellers often price their homes aggressively to incite bidding wars. Real estate is a long game.

Buyers 70
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Why Agents Should Share Their CMA With The Appraiser

Birmingham Appraisal

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. The goal of a CMA is to provide sellers with an accurate estimate of their property’s worth based on its characteristics and the current market conditions.

Agents 86
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2022 Bidding Wars – How to Strike and Win

Lamacchia Realty

Inventory initially dropped in March 2020 as a result of sellers pausing on listing their homes and that number has stayed extremely low since. The first line of defense is hiring an experienced REALTOR® who is an expert at handling the complexities of multiple offers. Consider Waiving Inspection.

Sellers 72
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2023 Bidding Wars – How to Strike and Win

Lamacchia Realty

Since then, as rates and inflation have continued to influence consumer sentiment and spending, inventory has remained low as sellers hesitate to dive into the market. The first line of defense is hiring an experienced REALTOR® who is an expert at handling the complexities of multiple offers in this adjusting market with higher rates.

Buyers 41
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Modern FSBO Listing Services: Innovative Tools You Can Use

Listing Spark

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. Showing Tools and Resources When you have an agent, they coordinate showings with other realtors or hold an open house to get prospective buyers into your home.

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Houston Housing Market Forecast: Current Data & 2021 Predictions

Houston Properties

Avoid 9 Costly Mistakes Sellers Make. Top Ranked Realtors: Paige Martin & The Houston Properties Team. For certain parts of the economy, usually in the upper-income brackets, they didn’t carry a lot of debt and they couldn’t go out to spend their money. 2020 ended favoring sellers. Do You Want To Buy A Home Now?