HomeLight

APRIL 29, 2021

To help us understand both buyer’s and seller’s markets, we spoke with top real estate agent Kim Rock. The 13-year industry veteran has a track record for selling homes fast — her listings close 65% quicker than the average Philadelphia agent. Seller’s market: The odds are in your favor. Source: (yi sk / Unsplash).

Marketing 110

Marketing Sales Agents Construction 110

HomeLight

JULY 29, 2022

It helps to know where the market is now and where it’s headed. In a buyer’s market. In a buyer’s market , inventory exceeds demand, typically resulting in homes spending more days on market , and thus, resulting in pressure on the seller to reduce the price or offer concessions to incentivize a buyer.

Debt-to-income ratio 110

Debt-to-income ratio Loans Rent back Equity 110

HomeLight

APRIL 21, 2022

According to a 2021 National Association of Realtors® survey, financing difficulties were responsible for 29% of closing delays and 10% of terminated contracts. If you accept it, your sale can close in as few as 10 days, often concluding with a moving date of your choosing. Does the offer meet your primary selling objective?

Inspection contingency 106

Inspection contingency Home sale contingency Pre-approval Agents 106

HomeLight

DECEMBER 14, 2021

How many sales did they close in the last few months? A quick glance at a few of their online profiles gives you a good idea of their market activity. Q: What is your “days on market” average? A: The days on market is the number of days, on average, for the agent to sell a home. It’s a huge red flag.

Pre-qualification 102

Pre-qualification Earnest money deposit Agents Days on market 102

HomeLight

DECEMBER 14, 2021

How many sales did they close in the last few months? A quick glance at a few of their online profiles gives you a good idea of their market activity. Q: What is your “days on market” average? A: The days on market is the number of days, on average, for the agent to sell a home. It’s a huge red flag.

Earnest money deposit 91

Earnest money deposit Agents Days on market Sales 91

HomeLight

JANUARY 28, 2021

Many Realtor boards publish monthly market reports featuring data on local home prices and days on market trends to give you a more precise gauge of market temperature. A Move Safe agent prioritizes digital tools and virtual closings, as well as cleaning the property between showings. Source: (CDC / Unsplash).

As-is 103

As-is Purchase and sale agreement Agents Equity 103

HomeLight

MARCH 31, 2021

Lack of supply is a significant factor that contributes to a seller’s market. Let’s take a look at some factors that may contribute to an inventory shortage: An insufficient supply of new builds to close the gap: When builders aren’t keeping up with buyer demand, the result intensifies a housing imbalance.

Marketing 81

Marketing Banks Land Sales 81