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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. Asking price and market value are not always the same thing. Determine if the listing is priced correctly Determine the actual market value of the subject property. Has the seller recently corrected negative feedback?

Buyers 450
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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. The type and range of information you have to provide in the seller’s property disclosure will, of course, depend on the legal regulations of the state where you have the property.

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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. Marketing efforts are neutralized.

Clients 84
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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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Understanding the Basics of Buying Your First Home - Part 2 - Researching and Finding Your Dream Home

Eppraisal

Attending Open Houses and Home Showings Take advantage of open house events to explore properties in person Schedule private showings with your real estate agent for a more personalized experience Bring a checklist of important considerations to evaluate each property C.

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4 Ways to Help Manage Client Expectations

McKissock

Sellers and buyers need to have a clear understanding of who can and will have access to the property in question. For sellers, they need a clear understanding of what showings, open houses, and inspections could entail. Access to the property is a common sticking point between sellers and buyers during a transaction.

Clients 87
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5 Reasons to Buy a Home This Fall

Zillow

Sellers tend to put their homes on the market in the spring, often listing their homes too high right out of the gate. These sellers have fewer chances to capture buyers after Labor Day. By October, you are likely to find desperate sellers and prices below a home’s market value.

Sellers 67