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 80

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

APRIL 29, 2021

You’ll simply show the house to a few buyers, pick the best offer, wait for closing, and pocket some cash. The home sale process involves a long list of steps, and your execution of each impacts your final sale price. As with most things in life, preparation is the key to a successful home sale. Garage door: 94%.

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Redfin

JULY 28, 2020

markets waived the inspection contingency, compared with just 13.2% Waiving these contingencies is a common strategy homebuyers use to make their offers more competitive by assuring the seller that the deal will close without unforeseen hiccups and negotiations. In June, 19.9% during the same month in 2019. up from 17.4% Methodology.

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Redfin

JULY 30, 2020

Almost half (45%) of people who bought a home in the past year made an offer on a property that they hadn’t seen in person, the highest share since at least 2015, according to a Redfin-commissioned survey in May and June of more than 1,400 people across 29 major markets. Yaaran said. They must have thought I was mad, but we won!

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HomeLight

MARCH 20, 2023

That means a large majority of homebuyers must consider the sale of their current home prior to buying a new one. Most often, this type of scenario calls for a home sale contingency. Find a Buyer's Agent What is a home sale contingency? Thus, the purchase agreement is “contingent” on the sale of the buyer’s existing home.

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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. According to recent data from NAR , home sales are receiving an average of 4 offers, and our FirstTeam agents regularly see bidding wars that capture upwards of 20 offers!

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Purchase and sale agreement Rent back Marketing Agents 98

Realtor.com

OCTOBER 29, 2020

That’s why we’ve put together a home closing checklist, which outlines your action points in those few days leading up to settlement. Keep this closing process list handy to know you’ve done what you need to in order to close the deal. If something is wrong, you can request that it be fixed—or you can back out of the sale.

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HomeLight

FEBRUARY 4, 2022

If you haven’t purchased a home before, you probably have lots of questions about the process. Source: (LinkedIn Sales Solutions / Unsplash). Work with you to write a compelling purchase offer. Coordinate with the closing attorney and seller’s agent to finalize the sale. … An agent is your advocate.

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Agents Purchase and sale agreement Due diligence Inspection 91

HomeLight

JANUARY 28, 2022

We buy houses” companies are flippers who purchase properties “as is” for cash and renovate them, generating a profit at resale. We buy houses” operations are cash buyers or house buying companies that purchase homes directly from homeowners. Buy-and-hold investors are individuals who offer competitive prices for market-ready homes.

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HomeLight

OCTOBER 1, 2020

Here’s how it works: The appraiser will find at least three nearby comparable homes ( “comps” ) that are about the same size and age as yours, which were sold recently (typically within the past three to six months), and the appraiser will then use regression models and their market knowledge to come up with the value of your coveted property.

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Purchase and sale agreement Short sale Rent back Sales 80

HomeLight

MARCH 28, 2022

Simple Sale provides cash offers for homes nationwide for when a traditional listing doesn’t work. Close in as little as 10 days. If you purchased the home recently, such as a year or two ago, it’s possible you haven’t built up much equity yet. No staging, no repeated showings, no agent commissions. What’s your home worth?

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Purchase and sale agreement Equity Agents Staging 111

HomeLight

SEPTEMBER 11, 2020

Even a pandemic failed to slow down the 2020 real estate market. That means buyers who want to close a deal need to come prepared with their A-game when it comes to making an offer. To help you set yourself up for success, read our primer with expert-backed tips for deciding on and presenting the strongest possible offer.

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HomeLight

MAY 24, 2021

If you’re looking to buy in 2021, then you already know that the market is white-hot. Home sales have skyrocketed, and home inventory is historically low. That means it’s a prime seller’s market — and a potentially tough go for hopeful buyers. Our expert-backed guide is here to help. Talk to your agent about the market.

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HomeLight

JANUARY 28, 2021

What’s more, 48% of agents believe home values in their market will continue to climb over the next six months, and 46% noted bidding wars were increasing in their market. Purchase demand: Will you find a buyer? Purchase demand has reached an all-time high. year over year in December 2020 to $309,800.

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As-is Purchase and sale agreement Agents Equity 102

Realty Biz

MAY 16, 2022

In most areas of the US, there have been bidding wars on nearly every house that hits the market. With so few homes for sale, buyers are fighting over each property that hits the market. Earnest money can be five percent of the purchase price and in some circumstances even more. For buyers, it has been excruciating.

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Earnest money deposit Purchase and sale agreement Rent back Inspection 95