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How to Conduct a Smooth Real Estate Transaction

McKissock

Here are some tips on how to make the real estate transaction process as smooth as possible for you and your buyer clients. Making an offer. Constructing a real estate offer is an art. Number of days on market. Negotiating counter offers. they may come back with a counter offer.

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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? More for Real Estate Enthusiasts.

Buyers 442
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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 434
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Opinion: Navigating buyer agent compensation

Housing Wire

A buyer submits an offer of $400,000 for the home and $12,000 in compensation for their broker. Expecting to net $392,000, the seller could then counter-offer with $404,000 for the home and $12,000 for the broker. The seller could request that their agent not show them any offers that requires them to provide this compensation.

Buyers 370
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10 Real Estate Tips BEFORE You Sell Your Home

Raleigh Realty

Selling Your Home: 10 Real Estate Tips and Tricks When you bought your home, you likely felt a great deal of excitement, as well as some apprehension. 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.

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Market Data for Real Estate Helps Counter Low-Ball Offers

Home Junction

Market data for real estate can be a blessing when it comes to helping your listing clients respond to off-the-wall, low-ball offers. As we all know, market conditions fluctuate. When it’s a buyer’s market, there are the reasonable buyers who might come in a little low on an offer.

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Appraisals 101: What to Expect From the Home Appraisal Process

Raleigh Realty

Like making counter-offers and going through the home inspection process, the home appraisal can be a sticking point between buyer and seller. A home appraisal determines the fair market value of a home. The appraiser starts with the fundamentals of real estate, that being location. What is a Home Appraisal?