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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. See the difference?

Buyers 446
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Pros and Cons of Selling Your Home As-Is

Cleveland Appraisal Blog

However, sometimes properties may have specific problems that are too serious and can’t go unnoticed at an open house. In that case, potential buyers will lay down an ‘as-is’ offer, which means they will acquire the home in its current condition. No repairs, no costs. No need to spend money on repairs.

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Buyers, Don’t Make These House Hunting Mistakes!

Lamacchia Realty

BUYERS, DON'T MAKE THESE HOUSE HUNTING MISTAKES! Not Hiring a Buyer’s Agent Some home buyers believe it’s better to work with the listing agent directly hoping they’ll get a better deal than if they hire a buyer’s agent. A buyer’s agent looks out for your best interests. 6 MISTAKES TO AVOID 1.

Buyers 74
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5 Mistakes to Avoid When Selling Your Home

Appraisal Hub

One day you’re optimistic because you met a seemingly committed buyer at the open house or showing, and the next day you’re frustrated because they changed their mind or didn’t follow through. Mistake #1: Over- or under-pricing If you price your home incorrectly, your home may become less attractive to potential buyers.

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7 Common Questions Clients Have Before Selling Their Home

McKissock

Q: “What are methods to determine the value of my home?”. A Comparative Market Analysis (CMA) : An informal evaluation that determines the market value of a property by comparing it to similar properties in the same area. Q: “What factors can influence the value of my home?”. An open house.

Clients 84
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5 Reasons to Buy a Home This Fall

Zillow

Real estate markets ebb and flow, just like the seasons. The spring market blooms right along with the flowers, but the fall market often dwindles with the leaves - and this slower pace could be good for buyers. If you’re in the market for a home, here are five reasons why fall can be a great time to buy.

Sellers 67
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4 Ways to Help Manage Client Expectations

McKissock

In fact, most clients now believe a buyer should be able to identify one of three home options, negotiate a favorable sales price, and close on that property in half an hour just like they do on TV! Sellers and buyers need to have a clear understanding of who can and will have access to the property in question.

Clients 87