Realtor.com

JUNE 4, 2021

from a year earlier, and the number of homes for sale fell to record lows earlier this year. That scarcity has helped lift home prices to all-time highs and has started to slow down the pace of sales. But sellers today often receive multiple bids, and those with contingency clauses are unlikely to be accepted, agents say.

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Purchase and sale agreement Marketing Rent back Principal 90

HomeLight

APRIL 28, 2022

Bonnie Fleishman , a top agent in Glen Burnie, Maryland, recommends selling furniture and decor items as part of the house. Hold a garage sale. Moving boxes are of course available for purchase, but you can pick up moving boxes for free at grocery and liquor stores, or ask a friend who recently moved if they can donate a few.

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Purchase and sale agreement Rent back As-is Agents 111

HomeLight

MAY 5, 2022

“I’ve had people literally crying in the driveway, moving vans in the driveway, and the other people haven’t moved out yet,” recalls Nicole Solari , a top agent and first-time homebuyer specialist in Fairfield, California. We’ve got solutions and options for the specific scenario you face, whether it’s: You need to negotiate a rent-back.

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Rent back Closing Purchase and sale agreement Agents 105

Redfin

MAY 7, 2021

I always advise potential sellers to look at the homes on the market, and if they don’t see anything they like, I recommend that they wait to list until they do,” said Portland, OR Redfin real estate agent Rebecca Walter. In a seller’s market, you may be tempted to put an offer on a home that’s contingent on the sale of your current home.

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Purchase and sale agreement Marketing Equity Loans 79

Redfin

JULY 28, 2020

of successful offers submitted by Redfin agents in select major U.S. The inspection contingency allows the buyer to cancel a purchase or request repairs if they find an issue during the inspection period. Active listings—the count of all homes that were for sale at any time during a given month— dropped 20.7% In June, 19.9%

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Inspection contingency Inspection Purchase and sale agreement Pre-approval 59

Redfin

FEBRUARY 2, 2021

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. 2) Get a Great Real Estate Agent. Your buyer’s agent can provide you with keen insights into specific neighborhoods, such as walkability, schools, and other local amenities.

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Pre-approval Purchase and sale agreement Marketing Inspection contingency 65

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. I never would have chosen to buy a house this way, but I’d rather take a risk with my home purchase than take a risk with my family’s health,” Sanchez said. “I

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Inspection contingency Purchase and sale agreement Pre-approval Inspection 73

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. We analyze over 27 million transactions and thousands of reviews to determine which agent is best for you based on your needs.

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Home sale contingency Purchase and sale agreement Sales Earnest money deposit 88

HomeLight

FEBRUARY 4, 2022

If you haven’t purchased a home before, you probably have lots of questions about the process. 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. And lots more!

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Agents Purchase and sale agreement Due diligence Inspection 93

HomeLight

JANUARY 28, 2021

In HomeLight’s Q4 2020 survey of over 1,000 top real estate agents, 74% of respondents said that home prices were on the rise in their area, in spite of the winter season. 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.

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HomeLight

OCTOBER 1, 2020

It’s good to understand the market of the moment,” says Madison-based real estate agent Lynn Holley , who works with 72% more single-family homes than the average agent in Madison. Short sales in the neighborhood . In some cases, short sales may be to blame for a low appraisal. So, what can you do? A shifting market .

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Purchase and sale agreement Short sale Rent back Sales 83

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. But no one wants to be taken advantage of, conned, or ripped off. “We Request Offer.

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Purchase and sale agreement Investor Agents Sales 108

HomeLight

MARCH 28, 2022

Simple Sale provides cash offers for homes nationwide for when a traditional listing doesn’t work. No staging, no repeated showings, no agent commissions. If you purchased the home recently, such as a year or two ago, it’s possible you haven’t built up much equity yet. Receive a cash offer in as few as 48 hours.

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Purchase and sale agreement Equity Agents Staging 113

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

HomeLight

SEPTEMBER 11, 2020

Basic overview: You’ll work with your agent to deliver the offer to the seller’s agent on the forms used in your state. The seller will either accept your offer (in which case it becomes your purchase agreement ), or will counter your offer (you can accept or counter again), or the seller could also flatly decline.

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Earnest money deposit Purchase and sale agreement Inspection contingency Home sale contingency 79

HomeLight

MAY 24, 2021

Home sales have skyrocketed, and home inventory is historically low. Our expert-backed guide is here to help. Therefore we’re giving them a leg up where they could compete against all-cash offers or the average agent that’s just getting the basic pre-qualification,” he says. Your budget is $300,000. Not so fast.

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Pre-qualification Pre-approval Purchase and sale agreement Loans 104

Realtor.com

OCTOBER 29, 2020

Most purchase agreements have contingencies —things that buyers must do before the real estate transaction is official, explains Jimmy Branham , a Coral Springs, FL, real estate agent at the Keyes Company. If something is wrong, you can request that it be fixed—or you can back out of the sale. Clear the title.

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Closing Earnest money deposit Inspection contingency Purchase and sale agreement 139

Realty Biz

MAY 16, 2022

With so few homes for sale, buyers are fighting over each property that hits the market. The call is made to your real estate agent within 30 minutes of seeing the home pop up online and you schedule a showing immediately. For sellers, it has been a dream come true. Welcome to the home buying nightmare of the last few years.

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Earnest money deposit Purchase and sale agreement Rent back Inspection 95