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It’s a seller’s market: What does that mean for contingencies?

Housing Wire

The real estate market is hot right now, and bidding wars are the norm in many parts of the country. For these reasons, you’ll want to be careful about making a contingent offer in today’s red-hot market — not to mention choosy about which contingencies you choose. The post It’s a seller’s market: What does that mean for contingencies?

Marketing 440
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5 Things Homebuyers Need To Know When Making an Offer

Keeping Current Matters

The problem is, in today’s market there just aren’t that many homes available to purchase. Today’s market is dynamic and fast-paced. A skilled agent will do everything they can to help you stay on top of every possible opportunity. In today’s market, that’s often not the case. Brace for a Fast Pace. Bottom Line.

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Listing agents: Don’t ghost your sellers

Real Trends

When you’re the listing agent: Please don’t list and ghost. No matter how much prep, effort and marketing you’ve put into your listing, it’s likely to sell quickly and for over-list price in this seller’s market, which is nothing to brag about. .

Agents 103
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6 Strategies for Representing Buyers in Today’s Market

RIS Media

Coach Your Agents to Greater Success When Representing Buyers Through Preparedness and Hustle. When navigating highly complex, multiple-offer negotiations in the current real estate market, it’s important for agents representing buyers to be prepared, proactive, and provide the best chance to win a bid for their dream home.

Marketing 104
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Tips to Help Buyers Successfully Navigate a Hot Real Estate Market

Realty Biz

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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5 Killer Tips For Beating a Cash Buyer

Realty Biz

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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20% of Winning Home Offers Waived the Inspection Contingency in June, Up From 13% Last Year

Redfin

of successful offers submitted by Redfin agents in select major U.S. markets waived the inspection contingency, compared with just 13.2% The inspection contingency allows the buyer to cancel a purchase or request repairs if they find an issue during the inspection period. In June, 19.9% up from 17.4%