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

Housing Wire

By definition, a lowball offer is an offer that is significantly below market value. This is where the problem can start — in practice, agents and their clients consider a an offer to be a lowball if it’s significantly below the asking price. Asking price and market value are not always the same thing.

Buyers 427
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Understanding the Basics of Buying Your First Home - Part 2 - Researching and Finding Your Dream Home

Eppraisal

Now that you've assessed your financial readiness, obtained a pre-approval for a mortgage, and engaged a real estate agent, it's time to dive into the exciting process of researching and finding your dream home. In the first blog of our series, we covered the basics of preparing yourself for buying your first home.

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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 #3: Not having a professional home appraisal Appraisal firms can determine your property’s real market value.

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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. Selling your house as-is has the apparent advantage of relinquishing the need to deal with your old place when you prepare to move to your new home. What does it mean to sell your home as-is?

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4 Ways to Help Manage Client Expectations

McKissock

Real estate transactions are similar to putting together a jigsaw puzzle. One of the main responsibilities of a real estate agent is to effectively organize all the competing interests of a transaction (or pieces of the jigsaw puzzle). Agents should prepare a full seller-net sheet for their sellers.

Clients 87
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7 Common Questions Clients Have Before Selling Their Home

McKissock

Between the complexities of the real estate market and the changeable landscape of financing and property value, your clients likely have an abundance of questions regarding the sale of their home. We took a poll of some recent sellers and found the following questions to be the most frequent. An open house.

Clients 84
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28 real estate circle prospecting ideas, tips, tools & scripts

Housing Wire

In an ever-changing real estate market, agents are looking for the best way to generate leads. In light of the recent NAR lawsuit outcome , seller leads are even more crucial. There are numerous tech tools available to agents to help with prospecting. It’s a great time for real estate in [Area Name].