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Received Multiple Offers on Your Home? ‘Highest and Best’ Will Tell You Who Wants it Most

HomeLight

As a next step, your agent suggests going with a “highest and best” strategy to see if any of these offers rise to the top of the pile. Highest, best, and NOT final,” means that once a buyer has been outbid, the listing agent notifies each buyer, giving them a new deadline to meet the current offer, or pull their offer altogether.

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Is Your Realtor Doing a Good Job? Answer These 6 Questions to Find Out

HomeLight

Or maybe, you signed a purchase agreement with a real estate agent and have heard nothing but crickets since. Run through our list of checkpoint questions below to determine if your real estate agent is fulfilling their obligations. Does your real estate agent answer your calls, texts, and emails within 24 hours?

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‘Real Housewives’ Star Teresa Giudice’s Home Sale Falls Through: What Went Wrong?

Realtor.com

Yet real estate experts and agents have theories about what went wrong. . For one, as a general practice, a closing takes an average of 50 days. So Giudice’s willingness to wait an additional 200-plus days in sale pending status was quite unusual—and probably a bad move on her part. . “Yes,” says Ailion.

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How to Sell a House by Owner in Colorado

HomeLight

Inventory is starting to rise along with the average number of days on market as of September 2022. Often, the decision to go for sale by owner (or, “FSBO”) is motivated by a desire to save on agent commissions. Within three weeks of marketing on their own, 80% to 85% of FSBO people will contract with a real estate agent.

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How to Sell a House by Owner in Texas

HomeLight

Often, the decision to go for sale by owner (or “FSBO”) is motivated by a desire to save on agent commissions. While FSBO can work, it does come with some risks, including the possibility of selling your house for less than market value. Unsure about selling FSBO in Texas? That 6% is deducted from the seller’s proceeds at closing.

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51 Brilliant Real Estate Tips for Buyers to Edge Past the Competition

HomeLight

Ready to hit the market, buy your dream home and conquer this whole homeownership thing? But there’s so much to keep track of along the way: hiring an agent, getting a mortgage, making offers, and closing the deal. Hiring an agent. Hiring an agent is a big deal. First things first: Don’t skip hiring an agent!

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How to Sell a House by Owner in Arizona (2022 Updates)

HomeLight

With such impressive sales figures, some sellers may be curious about how to sell a house by owner in Arizona — a decision that could help them save on agent commissions. While FSBO can work, it does come with some risks, including the possibility of selling your house for less than market value. What's Your Arizona Home Worth?