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

Housing Wire

Mimi Foster, a real estate agent, told MarketWatch the home was like “walking into a crime scene.”. She received multiple cash offers that were well over the asking price. If you’re looking to buy a home, be prepared to make an offer higher than what’s listed. But guess what? Low-inventory is partly to blame.

Buyers 442
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How to Conduct a Smooth Real Estate Transaction

McKissock

In these stressful situations, buyers may take comfort in knowing that they’ve put forth their strongest offer. . Free Guide : Become a social media master with this free Social Media Toolkit for Real Estate Agents. Negotiating counter offers. If the seller does not find the initial offer acceptable (e.g.,

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What to do when your buyer wants to make a lowball property offer

Housing Wire

Decide together after that discussion what price should be offered in order for the result to be an accepted (or at least countered) offer. Educate your buyer clients on market and listing facts Meet your buyer in person and educate them on the facts based on your previous two steps.

Buyers 441
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10 Real Estate Tips BEFORE You Sell Your Home

Raleigh Realty

Find A Reputable Real Estate Agent Probably the most valuable tip you can take with you when you are selling your home is to find a real estate agent that will guide you through the process. A great Agent will net you more money even while paying a commission.

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

PennyMac

Real estate agent: A real estate agent will be able to find REO offerings from multiple lenders in your desired area. Online services: Other online services, such as Zillow , offer tools to look up foreclosures by certain characteristics or in certain areas.