article thumbnail

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. In these stressful situations, buyers may take comfort in knowing that they’ve put forth their strongest offer. .

article thumbnail

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

Housing Wire

More for Real Estate Enthusiasts. How to negotiate your home purchase offer. 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. A homebuyer’s guide to a competitive housing market.

Buyers 446
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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. 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.

article thumbnail

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. Additionally, make sure the buyer hasn’t offered a lower price because that’s all they’re actually qualified for! Tim and Julie Harris host a podcast for real estate professionals.

Buyers 413
article thumbnail

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

PennyMac

What is a Real Estate Owned (REO) Property? REO, which stands for “Real Estate Owned,” is a term applied to foreclosed properties whose ownership has transferred to the bank or lender. REO properties are attractive to homebuyers or real estate investors for several reasons.