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

Housing Wire

They might ask to rent back their home for a certain amount of time, hold off the deal until they find a new home, or ask you to assume a solar panel lease or loan, if there’s one in place. If they get a better deal or an offer that doesn’t hinge on contingencies, they can back out and go with the new buyer instead of you.

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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. Keep that person looped in on the progress of the showing and offer period so that they can update interested buyers and their agents with up-to-date information, as dictated by your client. . It all rolls down from the listing agent, every time.

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5 Things Homebuyers Need To Know When Making an Offer

Keeping Current Matters

A skilled agent will do everything they can to help you stay on top of every possible opportunity. And, as soon as you find the right home for your needs, that agent will help you draft and submit your best offer as quickly as possible. Lean on a Real Estate Professional. Half of the homes are being sold above list price.”.

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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% during the same month in 2019.

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Redfin Agents Share the Most Unique Offers that Recently Won the Deal

Redfin

With the continued shortage of supply and increasing demand for homes, buyers – and their real estate agents – are left with no other choice but to bring out their most competitive and creative offers to win the deal. . I had a buyer who had submitted several offers and was ready to pull out all the stops for their dream home.

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5 Killer Tips For Beating a Cash Buyer

Realty Biz

Lean on your buyer’s agent for what they have seen with other properties. Waive The Home Inspection. One of the bigger stumbling blocks in any home purchase is the home inspection. You’ll take a big worry off the seller’s plate by waiving the inspection. Let The Seller Rent Back The House.

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16 Tips to Win a Bidding War on a House

The Close

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.