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Homes are selling well over listing prices as buyers compete against each other

Housing Wire

In case you didn’t know, we’re living in a seller’s market. But even though home prices are at record highs , buyers are still in the market. Not only are they shopping, but they’re putting down offers well over the listing price. Are you in the market for a home? A homebuyer’s guide to a competitive housing market.

Buyers 442
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How to Conduct a Smooth Real Estate Transaction

McKissock

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. Number of days on market. There can be situations in a strong sellers’ market where more than one offer is received at the same time.

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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.

Buyers 422
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10 Real Estate Tips BEFORE You Sell Your Home

Raleigh Realty

Depending on where you live, the market may move a little slower, but in most areas, homes are not staying on the market for long once they are listed. For those that may want to try the for sale by owner route, it is important to remember that even the person who founded forsalebyowner.com used a Real Estate Agent.

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The REO Guide: 10 Steps to Buying a Bank-Owned Home

PennyMac

Some homebuyers are intimidated by foreclosed and bank-owned homes because they often require more renovations — and a different type of negotiation — than other options on the market. What is a Real Estate Owned (REO) Property? Step 1: Browse Available REO Properties.