Marco Santarelli

MAY 4, 2023

In 2023, despite a cooling housing market and high mortgage rates, turnkey homes are in demand and selling fast. While fixer-uppers, homes with less curb appeal, and those located in less desirable areas are sitting on the market for longer, turnkey homes in good school districts remain hot commodities.

Sales 52

Sales Pre-approval Investor Renovation 52

Realtor.com

JUNE 4, 2021

Chase Robertson The housing market is so hot that some homeowners have become afraid to sell. Many are unwilling to compete in this frenzied housing market , where they could be subjected to the fierce and costly bidding wars that have become commonplace across the U.S. As their families grow, they upgrade to bigger houses.

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Purchase and sale agreement Marketing Rent back Principal 90

HomeLight

APRIL 29, 2021

From cocktail parties to backyard barbecues, it seems like everyone around you is talking about how hot the real estate market is. So does that mean you’re in a buyer’s market or a seller’s market? Like stock prices, the real estate market fluctuates. It can affect: How you prepare your home for sale.

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Marketing Sales Agents Construction 109

Realty Biz

MAY 16, 2021

With existing home inventories super tight and competition among buyers for the few homes that are listed for sale, many have struggled to buy a new home before they leave the one they’re selling. I’d say a third of the current contracts being written have a rent-back of some length, and it’s usually free to the seller,” Marks said. “If

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Purchase and sale agreement Rent back Sales As-is 75

Redfin

MAY 27, 2021

It’s no secret that the US housing market is fiercely competitive right now, with homes selling faster and for more money than pre-pandemic levels. We asked Redfin agents to share the most unbelievable and creative real estate offers they’ve recently worked on or seen that won the deal. Over asking + expenses + furniture = success. “In

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Agents Rent back Inspection Closing 64

Realty Biz

MAY 1, 2022

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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Purchase and sale agreement Rent back Pre-approval Inspection 145

Realty Biz

JULY 7, 2021

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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Inspection contingency Marketing Inspection Rent back 88

The Close

APRIL 28, 2022

In today’s tight inventory market, trying to help buyers with financing and limited funds feels a little like getting into a boxing match with Mike Tyson. Luckily, beating a cash offer on a house is not as hard as many agents think. On the other hand, I have not lifted a finger to help an agent who was rude and standoffish.

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Rent back Closing costs Finance Agents 105

First Team Real Estate

MAY 25, 2021

Southern California home prices hit an all-time high this April as the hot seller’s market got even hotter. Bidding wars are extremely common across the Southern California housing market as tons of buyers compete for limited inventory , helping to drive up median prices. Sales: Up 101%. Sales: Up 97.9%.

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Rent back Closing costs Sales Mortgages 98

RIS Media

APRIL 18, 2022

Take time to understand the current housing market. You’ll want to be sure you understand the current market and what houses are available. Look at recent sale prices, as well as neighborhood trends. Is it a buyer’s market or a seller’s market? All real estate is local, after all.

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Pre-approval Backup offer Due diligence Rent back 119

HomeLight

AUGUST 4, 2022

You have options, such as a rent-back agreement, aka, a lease-back deal, that would allow you to stay in the home you just sold a bit longer to give you time to find a new place, to wait for the next home to be built , or to let your children finish the school year. What is a rent-back agreement?

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Rent back Purchase and sale agreement Closing Renovation 101

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 78

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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Pre-approval Purchase and sale agreement Marketing Inspection contingency 64

HomeLight

APRIL 27, 2022

And according to a recent survey, 83% of real estate agents expect these trends to continue into 2022, though a more balanced market may start to emerge in the second half of the year as interest rates rise. Work with a top agent to develop a strong pricing strategy. Source: (3844328/ Pixabay). Get Estimate.

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Renovation Agents Sales Rent back 100

Realty Biz

MARCH 5, 2021

Real estate agents are urging their clients to go and sell their homes now, or risk missing out on the golden opportunity that the current seller’s market presents. “A The supply of existing homes for sale is at a record low of just 1.9 But real estate agents say people in that situation still have options.

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Equity Rent back Agents Loans 113

Windemere Selling

SEPTEMBER 1, 2021

Above all, the balancing act required to pull off both deals highlights the importance of working closely with a trusted and experienced real estate agent. Sellers may also negotiate a rent-back agreement with the buyers, allowing them to rent the house from the new owners before they move in. Do I buy or sell first?

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Purchase and sale agreement Rent back Loans Agents 52

The Close

FEBRUARY 6, 2024

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.

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Pre-approval Earnest money deposit Inspection Inspection contingency 75

HomeLight

APRIL 29, 2021

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. With 24 years of experience under his belt, Thompson shared a few gems about navigating the home sale journey.

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Purchase and sale agreement Pre-approval Inspection Inspection contingency 96

HomeLight

MAY 5, 2022

Given the recent low-inventory market , many sellers are requesting rent- or lease-back deals , which allow them to remain in the home for a short period of time. We’ve got solutions and options for the specific scenario you face, whether it’s: You need to negotiate a rent-back. And conflicting times.

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Rent back Closing Purchase and sale agreement Agents 107

Real Trends

JULY 15, 2022

The situation in today’s housing market is consistent with that of the previous two years: a lower inventory of houses available for sale than the demand. That said, although houses are still selling, sales have definitely cooled in some areas. A good agent should help a seller make his home as appealing as possible.

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Loan Officer Agents Rent back Finance 52

HomeLight

APRIL 28, 2022

With houses on the market for an average of 18 days as of February 2022 (according to statistics from the National Association of Realtors®), you don’t have much time to sell , pack up the house, and go. Bonnie Fleishman , a top agent in Glen Burnie, Maryland, recommends selling furniture and decor items as part of the house.

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Purchase and sale agreement Rent back As-is Agents 109

Redfin

JULY 28, 2020

of successful offers submitted by Redfin agents in select major U.S. markets waived the inspection contingency, compared with just 13.2% The decision to do so should be made carefully with the guidance of a trusted real estate agent, who can also advise on the possibility of doing a pre-inspection before submitting an offer.

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Inspection contingency Inspection Purchase and sale agreement Pre-approval 59

HomeLight

APRIL 17, 2024

Selling a home the traditional way can be stressful and time consuming, especially in a shifting market. Alternatively, HomeLight can provide an all-cash offer to purchase your home through our Simple Sale platform. Request Offer Editors note: Opendoor and Offerpad provide an option to list your home on the market.

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Seller concession Inspection Rent back Closing 99

HomeLight

AUGUST 31, 2021

Ever since the 2008-2009 recession, cash offers have become more prevalent, accounting for 33% of sales as of 2021 — that’s up from 20% in 2019. If you’re looking to buy a home in such a market, you need to understand how a cash offer on a house works and what makes such an offer appealing to sellers.

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Due diligence Inspection Pre-approval Pre-qualification 79

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. The pandemic has changed the way many people view homes, and on top of that, the market is highly competitive.

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Inspection contingency Purchase and sale agreement Pre-approval Inspection 72

HomeLight

SEPTEMBER 30, 2020

As excited as you are about the prospect of a successful sale, you’re hesitant to sign a contract without knowing you’ll have somewhere to go. On the flip side, the U&O can allow the seller to remain in the home for a certain amount of time after closing (also known as a “rent-back” agreement). Put it in writing.

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Purchase and sale agreement Closing Rent back Investor 55

HomeLight

APRIL 19, 2021

But getting to live in such a cultural epicenter means getting ahead of an exceptionally competitive real estate market. We interviewed real estate experts with decades of experience to help you win a bid on your own home in Manhattan’s hyper-competitive, fast-paced market. Source: (Josephine Baran / Unsplash). million in condos.

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Earnest money deposit Due diligence Inspection Agents 63

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 93

HomeLight

FEBRUARY 25, 2022

If you’ve been looking for “discount agents” or “low commission real estate agents,” Ideal Agent has probably popped up in a search. The company says that their agents will accept a lower commission and still do a great job. What is Ideal Agent? What is Ideal Agent? Full-time agents, not hobbyists.

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Agents Pre-approval Loans Sales 88

HomeLight

FEBRUARY 4, 2022

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. Yes, you can buy a house without the aid of a real estate agent. Source: (LinkedIn Sales Solutions / Unsplash).

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Agents Purchase and sale agreement Due diligence Inspection 97

HomeLight

JUNE 30, 2021

This is why many buyers make offers on their new home that include a sales contingency. With a sales contingency in your offer, you won’t have to close on your new home unless you’ve sold your old home. But a sales contingency could also make it harder to get an offer accepted. Source: (LinkedIn Sales Solutions / Unsplash).

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Rent back Inspection contingency Earnest money deposit Finance 104

HomeLight

MARCH 31, 2021

Does a ‘Sale Pending’ sign materialize on your neighbor’s yard a few days after a “For Sale” sign appears? If these scenarios ring true, chances are you’re in the midst of a seller’s market. A seller’s market exists when there are more homebuyers than available homes.

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Marketing Banks Land Sales 87

HomeLight

JULY 29, 2022

Each option may have advantages that depend on market conditions. Our Home Value Estimator tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. Start by understanding the market. In a buyer’s market.

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Debt-to-income ratio Loans Rent back Equity 109

HomeLight

MARCH 22, 2021

You need to write offers that tell the listing agent your offer has the best terms, lowest risk, and is most likely to cross the proverbial finish line. You can find the group here: HomeLight Agent Community – The Walkthrough. HomeLight’s Agent Resource Center. The best price doesn’t always win a bidding war.

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Agents Inspection Inspection contingency Pre-approval 73

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. We can set you up for automatic alerts when new homes come on the market that fit your wish list, so you are instantly notified about new properties.

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Purchase and sale agreement Rent back Marketing Agents 98

HomeLight

OCTOBER 12, 2020

You need to write offers that tell the seller and listing agent three things: your offer has the best terms. Sarita Dua is a top agent in Portland, Oregon who’s been winning bidding wars all year long — including seven straight in a single weekend. HomeLight’s Agent Resource Center. Links and Show Notes.

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Agents Inspection Inspection contingency Pre-approval 98

HomeLight

JANUARY 7, 2022

We’ve talked to veteran real estate agents to build an end-to-end guide on how to buy a house while selling your own. So, instead of stressing your way through two sales, you can set yourself up for success and have your bags packed for your new home in no time. Real Estate Agent. Real Estate Agent at RE/MAX Results.

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Equity Loans Debt-to-income ratio Closing 104