Redfin

MAY 27, 2021

It’s no secret that the US housing market is fiercely competitive right now, with homes selling faster and for more money than pre-pandemic levels. We asked Redfin agents to share the most unbelievable and creative real estate offers they’ve recently worked on or seen that won the deal. Over asking + expenses + furniture = success. “In

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Agents Rent back Inspection Closing 65

HomeLight

APRIL 29, 2021

From cocktail parties to backyard barbecues, it seems like everyone around you is talking about how hot the real estate market is. So does that mean you’re in a buyer’s market or a seller’s market? Like stock prices, the real estate market fluctuates. Seller’s market: The odds are in your favor. Home prices rise.

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Marketing Sales Agents Construction 109

Realty Biz

JULY 7, 2021

There may not be enough houses on the market right now, but more are coming on the market every day. There may be rare local circumstances where this will work but it should only be based on the advice of a trusted real estate agent. In today’s market, a good strategy is looking at houses below the top end of your budget.

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Inspection contingency Marketing Inspection Rent back 88

Realty Biz

MAY 16, 2021

“Timing a purchase and sale is incredibly difficult in most markets but especially when most sellers won’t accept an offer contingent on the sale of the buyer’s home,” he said of the reality of today’s market. If the buyer doesn’t want to give the seller a rent-back, they just won’t get their offer accepted.”.

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Purchase and sale agreement Rent back Sales As-is 75

Realty Biz

MAY 1, 2022

If you are looking to buy a home in a hot seller’s market, there is a strong likelihood you’ll be up against buyers who will be making a cash offer. Research The Current Real Estate Market. When trying to beat a cash offer, it’s essential to understand the current local real estate market? Let’s dive in!

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Purchase and sale agreement Rent back Pre-approval Inspection 145

Redfin

MAY 7, 2021

Homeowners in a seller’s market face a conundrum. You can expect high prices in a competitive housing market where homes are selling in record time. Here are six options to consider when deciding on selling and buying in a seller’s market. 6 options for selling and buying in a seller’s market.

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Purchase and sale agreement Marketing Equity Loans 79

HomeLight

AUGUST 4, 2022

You have options, such as a rent-back agreement, aka, a lease-back deal, that would allow you to stay in the home you just sold a bit longer to give you time to find a new place, to wait for the next home to be built , or to let your children finish the school year. What is a rent-back agreement?

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The Close

APRIL 28, 2022

In today’s tight inventory market, trying to help buyers with financing and limited funds feels a little like getting into a boxing match with Mike Tyson. Luckily, beating a cash offer on a house is not as hard as many agents think. On the other hand, I have not lifted a finger to help an agent who was rude and standoffish.

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Rent back Closing costs Finance Agents 105

RIS Media

APRIL 18, 2022

Take time to understand the current housing market. You’ll want to be sure you understand the current market and what houses are available. Is it a buyer’s market or a seller’s market? Is it a buyer’s market or a seller’s market? All real estate is local, after all.

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Pre-approval Backup offer Due diligence Rent back 110

Redfin

FEBRUARY 2, 2021

What is a Seller’s Market? A seller’s market is when there are more homebuyers in a particular area looking to purchase a home than actual houses listed for sale. A seller’s market usually results in rising home prices and stiffer competition among homebuyers. How has the pandemic affected the market?

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HomeLight

MAY 5, 2022

Given the recent low-inventory market , many sellers are requesting rent- or lease-back deals , which allow them to remain in the home for a short period of time. We’ve got solutions and options for the specific scenario you face, whether it’s: You need to negotiate a rent-back. And conflicting times.

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Rent back Closing Purchase and sale agreement Agents 105

Realty Biz

MARCH 5, 2021

Real estate agents are urging their clients to go and sell their homes now, or risk missing out on the golden opportunity that the current seller’s market presents. “A The problem is that the market works both ways, and the majority of sellers will have to buy a replacement home to move into.

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Equity Rent back Agents Loans 113

Windemere Selling

SEPTEMBER 1, 2021

Above all, the balancing act required to pull off both deals highlights the importance of working closely with a trusted and experienced real estate agent. Sellers may also negotiate a rent-back agreement with the buyers, allowing them to rent the house from the new owners before they move in. Do I buy or sell first?

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Purchase and sale agreement Rent back Loans Agents 52

The Close

FEBRUARY 6, 2024

I contacted the listing agent only to learn that all offers were due by 5:00 p.m. Offer Above Asking Price When your buyers are competing with others in a multiple-offer situation, and the listing agent is asking for the “highest and best” offer, it’s a good idea to suggest offering more than the asking price.

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Hank Miller Team

FEBRUARY 27, 2022

Coming off the frenzied Atlanta 2021 real estate market, it's hard to imagine things could get tougher for home buyers, but they are. Depends on how motivated the buyers are and how well educated they are to the proclivities of the market. This market is unlike any prior one, there are buyers that must and will buy a home.

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Due diligence Rent back Inspection Agents 52

Windemere Selling

JUNE 14, 2021

Talk to your agent about real estate trends in your local market to understand which housing options tend to be available at certain times of year. If your home is still on the market, understand that a fully staged home will be fundamentally different from the one you’re used to. Seasonality plays a role as well.

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First Team Real Estate

MAY 25, 2021

Southern California home prices hit an all-time high this April as the hot seller’s market got even hotter. Bidding wars are extremely common across the Southern California housing market as tons of buyers compete for limited inventory , helping to drive up median prices. Becky Beavers of DQNews says the 20.2% Advice for Buyers.

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HomeLight

APRIL 27, 2022

And according to a recent survey, 83% of real estate agents expect these trends to continue into 2022, though a more balanced market may start to emerge in the second half of the year as interest rates rise. Work with a top agent to develop a strong pricing strategy. Source: (3844328/ Pixabay). Get Estimate.

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Renovation Agents Sales Rent back 98

HomeLight

APRIL 29, 2021

For expert insight, we spoke with Kurt Thompson , a top real estate agent and former president of the Massachusetts Association of Realtors®. “Sellers don’t always understand the condition that their property should be in bringing onto the market,” says Thompson. Then there’s the inevitable delay.

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Purchase and sale agreement Pre-approval Inspection Inspection contingency 94

Real Trends

JULY 15, 2022

The situation in today’s housing market is consistent with that of the previous two years: a lower inventory of houses available for sale than the demand. Because of today’s tight market agents have a great opportunity to assure sellers get the best price for their home. What you need in today’s market.

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Loan Officer Agents Rent back Finance 52

HomeLight

MARCH 31, 2022

leading to bidding wars in many of the major markets. To succeed in getting a seller to consider your offer, you need to work in advance with your real estate agent to assess the best bargaining tools to entice the seller to move your offer to the top of the list. You generally see those in a normal market.”

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Marco Santarelli

MAY 4, 2023

In 2023, despite a cooling housing market and high mortgage rates, turnkey homes are in demand and selling fast. While fixer-uppers, homes with less curb appeal, and those located in less desirable areas are sitting on the market for longer, turnkey homes in good school districts remain hot commodities.

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Sales Pre-approval Investor Renovation 52

HomeLight

APRIL 28, 2022

With houses on the market for an average of 18 days as of February 2022 (according to statistics from the National Association of Realtors®), you don’t have much time to sell , pack up the house, and go. Bonnie Fleishman , a top agent in Glen Burnie, Maryland, recommends selling furniture and decor items as part of the house.

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Purchase and sale agreement Rent back As-is Agents 109

Redfin

JULY 28, 2020

of successful offers submitted by Redfin agents in select major U.S. markets waived the inspection contingency, compared with just 13.2% The decision to do so should be made carefully with the guidance of a trusted real estate agent, who can also advise on the possibility of doing a pre-inspection before submitting an offer.

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Inspection contingency Inspection Purchase and sale agreement Pre-approval 59

Redfin

JULY 30, 2020

Redfin agents cite health concerns around the pandemic and competition fueled by a worsening housing shortage as reasons more buyers are bidding on homes before visiting them. The pandemic has changed the way many people view homes, and on top of that, the market is highly competitive.

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HomeLight

APRIL 19, 2021

But getting to live in such a cultural epicenter means getting ahead of an exceptionally competitive real estate market. We interviewed real estate experts with decades of experience to help you win a bid on your own home in Manhattan’s hyper-competitive, fast-paced market. Source: (Josephine Baran / Unsplash). million in condos.

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HomeLight

AUGUST 31, 2021

Cash offers are more popular in some markets than others; for buyers trying to find a house in an area where cash offers are prevalent, competing against those offers can be a discouraging part of the homebuying process. Keep in mind that the number of cash offers floating around fluctuates with the market and at different price points.

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Due diligence Inspection Pre-approval Pre-qualification 77

HomeLight

APRIL 17, 2024

Selling a home the traditional way can be stressful and time consuming, especially in a shifting market. Request Offer Editors note: Opendoor and Offerpad provide an option to list your home on the market. In normal home sales, many real estate agents are negotiating rent-back periods for home sellers.

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Seller concession Inspection Rent back Closing 96

HomeLight

SEPTEMBER 30, 2020

On the flip side, the U&O can allow the seller to remain in the home for a certain amount of time after closing (also known as a “rent-back” agreement). Marc Lagrois , a top Michigan real estate agent, says occupancy after closing is a very common occurrence. Maintain homeowner’s insurance. Put it in writing. Be specific.

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Purchase and sale agreement Closing Rent back Investor 54

HomeLight

FEBRUARY 25, 2022

If you’ve been looking for “discount agents” or “low commission real estate agents,” Ideal Agent has probably popped up in a search. The company says that their agents will accept a lower commission and still do a great job. What is Ideal Agent? What is Ideal Agent? Full-time agents, not hobbyists.

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Agents Pre-approval Loans Sales 85

HomeLight

FEBRUARY 4, 2022

And if you’ve recently overheard a work colleague gloating about how they easily bought a house without a real estate agent, one of those questions might be whether you actually need to hire an agent at all. Yes, you can buy a house without the aid of a real estate agent. An agent is your advocate. And lots more!

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Agents Purchase and sale agreement Due diligence Inspection 94

HomeLight

MARCH 22, 2021

You need to write offers that tell the listing agent your offer has the best terms, lowest risk, and is most likely to cross the proverbial finish line. You can find the group here: HomeLight Agent Community – The Walkthrough. HomeLight’s Agent Resource Center. The best price doesn’t always win a bidding war.

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Agents Inspection Inspection contingency Pre-approval 72

HomeLight

MARCH 31, 2021

If these scenarios ring true, chances are you’re in the midst of a seller’s market. A seller’s market exists when there are more homebuyers than available homes. He explains what a seller’s market looks like and what to expect if you’re a homeowner thinking about selling in these ideal conditions.

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Marketing Banks Land Sales 84

First Team Real Estate

MAY 21, 2021

In order to get your home offer accepted in today’s tight seller’s market, you’ve got to be quick, smart, and totally in sync with your real estate agent. We can set you up for automatic alerts when new homes come on the market that fit your wish list, so you are instantly notified about new properties.

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Purchase and sale agreement Rent back Marketing Agents 98

HomeLight

OCTOBER 12, 2020

You need to write offers that tell the seller and listing agent three things: your offer has the best terms. Sarita Dua is a top agent in Portland, Oregon who’s been winning bidding wars all year long — including seven straight in a single weekend. HomeLight’s Agent Resource Center. Links and Show Notes.

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HomeLight

JUNE 30, 2021

Christina Roberto , an agent in Georgetown, Texas, who works with 78% more single-family homes than the average agent in her area, has had offers with sales contingencies accepted even in a hot seller’s market. If the contingency isn’t met, it usually means that you can drop out of the purchase and get your earnest money back.

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HomeLight

JULY 29, 2022

Each option may have advantages that depend on market conditions. Our Home Value Estimator tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. Start by understanding the market. In a buyer’s market.

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