Realty Biz

MAY 16, 2021

A lot of home sellers have tried to get around the problem by asking for a leaseback or rent-back agreement after the transaction has closed, to give them more time to find a new home. Such an option enables the seller to rent the home back from the buyer for a specified period of time at an agreed upon rate. “I’d

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Purchase and sale agreement Rent back Sales As-is 75

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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Realty Biz

MAY 1, 2022

Lean on your buyer’s agent for what they have seen with other properties. Let The Seller Rent Back The House. Another tactic to sweeten your offer is to allow the seller to rent back their house from you. Offer Well Over The Asking Price. Be prepared to make an offer that is higher than the asking price.

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Purchase and sale agreement Rent back Pre-approval Inspection 145

The Close

APRIL 28, 2022

Luckily, beating a cash offer on a house is not as hard as many agents think. Many listing agents today will not review the offers for three to four days after the property becomes active. Some buyer’s agents believe the best strategy is to wait until the last minute before submitting an offer. Offer a Signing Bonus.

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Rent back Closing costs Finance Agents 105

Sotheby's International Real Estate

MARCH 19, 2021

Wealthy Chinese buyers drawn to European castle estates, agents say – South China Morning Post. How a “Rent Back” Could Help You Win the Bid on Your Dream House – Apartment Therapy. Palatial 57th Street Co-Op Offers Old-World Sophistication for $3.5M – 6 SQFT. Is this the year of the suburb?

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RIS Media

JULY 8, 2021

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.

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Marketing MLS Agents Rent back 101

RIS Media

APRIL 18, 2022

Allowing the seller to rent back for a specified amount of time. Speak to your real estate agent about what to expect. You can expect the seller’s listing agent to require it as well. Your agent can help you get pre-approved for a mortgage in the current market. This one is a biggie.

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Pre-approval Backup offer Due diligence Rent back 110

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

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 But real estate agents say people in that situation still have options. As such, many sellers might be unsure of what to do next.

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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

Windemere Selling

JUNE 14, 2021

Talk to your agent about real estate trends in your local market to understand which housing options tend to be available at certain times of year. By working closely with your agent , you can negotiate a longer closing period or a rent-back agreement with the new owners. Seasonality plays a role as well.

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Hank Miller Team

FEBRUARY 27, 2022

A rent back? The Agent Situation As always, the benefit of working with seasoned, experienced professionals cannot be overstated. Experienced agents know what questions to ask and many listing agents prefer working with seasoned agents, that can be an advantage. Is it price? Contingencies? Closing date?

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Due diligence Rent back Inspection Agents 52

First Team Real Estate

MAY 25, 2021

If you’re working with an experienced FirstTeam agent, they will be able to help you find a home sales strategy that works for you and your unique goals, timeline, and needs. Work with a buyer’s agent to help protect your interests while also being as aggressive as possible with your home offers.

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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. Connect with a Top Agent. Find Agent. Get Estimate.

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Renovation Agents Sales Rent back 99

HomeLight

APRIL 29, 2021

For expert insight, we spoke with Kurt Thompson , a top real estate agent and former president of the Massachusetts Association of Realtors®. ” Start by clearing off flat spaces like your kitchen counter — an essential task, according to nearly 97% of real estate agents surveyed by HomeLight.

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Purchase and sale agreement Pre-approval Inspection Inspection contingency 95

Realtor.com

JUNE 4, 2021

But sellers today often receive multiple bids, and those with contingency clauses are unlikely to be accepted, agents say. Some sellers negotiate rent-back agreements, so they can stay in their home for a month or longer after selling while they house hunt. Others move in with family or find a short-term rental.

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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. Rent-back agreement. If you’ve found a buyer and you need extra time to move out, consider negotiating a seller rent-back agreement. Options if you need more time.

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Purchase and sale agreement Rent back As-is Agents 109

Real Trends

JULY 15, 2022

Because of today’s tight market agents have a great opportunity to assure sellers get the best price for their home. A good agent should help a seller make his home as appealing as possible. This only makes the process harder for the buyer and his agent. What you need in today’s market. Access to Data.

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Loan Officer Agents Rent back Finance 52

Realty Biz

JULY 7, 2021

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. Before you write up your offer, have your agent contact the selling agent to learn if there are other offers on the house. Offer to rent back to the seller.

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Inspection contingency Marketing Inspection Rent back 88

HomeLight

MARCH 31, 2022

To succeed in getting a seller to consider your offer, you need to work in advance with your real estate agent to assess the best bargaining tools to entice the seller to move your offer to the top of the list. The most important thing you can do is to sit down with an experienced real estate agent and discuss your options.

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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. You can also consider requesting a rent-back agreement from potential homebuyers. 6) Don’t buy… for now.

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Purchase and sale agreement Marketing Equity Loans 79

Realtor.com

JANUARY 6, 2021

Jennifer Lenz , a real estate agent at Dolly Lenz Real Estate in New York City, has been privy to many high-profile splits and shares that divorce settlement details typically hinge on the prenups and other contractual obligations that were in place before the marriage. Hidden Hills estate: Kardashian West. . Wyoming ranch: West.

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Land Rent back Design Renovation 105

Redfin

JULY 28, 2020

of successful offers submitted by Redfin agents in select major U.S. 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. In June, 19.9% during the same month in 2019. up from 17.4%

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Inspection contingency Inspection Purchase and sale agreement Pre-approval 59

Marco Santarelli

MAY 4, 2023

Your real estate agent can advise you on whether you need to waive contingencies and kick in a high down payment to have your offer accepted. By offering a flexible closing timeline and allowing the sellers to rent back the home or vacate the property at their pace, you may have a better chance of winning the bid.

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Sales Pre-approval Investor Renovation 52

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. 45% of surveyed homebuyers said they made a bid on a home without first seeing it in person, up from 28% in 2019.

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Inspection contingency Purchase and sale agreement Pre-approval Inspection 73

HomeLight

APRIL 19, 2021

Condos cost 30% more on average than co-ops,” says Dylan Hoffman , a local agent with over 19 years of experience, who’s sold 37% more properties than the average New York agent. A top agent will help you remain competitive even in a cash market. Why use a top agent to buy a house in Manhattan? million in condos.

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Earnest money deposit Due diligence Inspection Agents 63

Redfin

FEBRUARY 2, 2021

2) Get a Great Real Estate Agent. Having a great real estate agent by your side throughout this process can help make everything go more smoothly and aid you in making an offer quickly when the time comes. The home buying process can be stressful and sometimes overwhelming. How to Make Your Best Offer .

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Pre-approval Purchase and sale agreement Marketing Inspection contingency 65

HomeLight

AUGUST 31, 2021

Jason Bragg , a top-selling agent in North Carolina’s Winston-Salem area, reports that cash offers are especially common in 2021 among buyers who are downsizing. You can counter this concern by talking with your real estate agent and making sure you have done research to verify that the house isn’t likely overpriced.

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Due diligence Inspection Pre-approval Pre-qualification 78

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 87

HomeLight

APRIL 29, 2021

To help us understand both buyer’s and seller’s markets, we spoke with top real estate agent Kim Rock. The 13-year industry veteran has a track record for selling homes fast — her listings close 65% quicker than the average Philadelphia agent. Only 36% of surveyed agents shared this sentiment. How much you’ll net for your home.

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Marketing Sales Agents Construction 109

HomeLight

APRIL 17, 2024

In normal home sales, many real estate agents are negotiating rent-back periods for home sellers. Opendoor charges a daily rate which is calculated based on: home value, utility costs, and days of rent-back. It’s worth it to talk to an experienced agent and see what they could do for you. Trustpilot : 4.6

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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. An agent is your advocate. And lots more!

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Agents Purchase and sale agreement Due diligence Inspection 96

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

HomeLight

SEPTEMBER 30, 2020

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). Marc Lagrois , a top Michigan real estate agent, says occupancy after closing is a very common occurrence. Put it in writing. Be specific.

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Purchase and sale agreement Closing Rent back Investor 54

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

JUNE 30, 2021

Christina Roberto , an agent in Georgetown, Texas, who works with 78% more single-family homes than the average agent in her area, has had offers with sales contingencies accepted even in a hot seller’s market. If the contingency isn’t met, it usually means that you can drop out of the purchase and get your earnest money back.

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Rent back Inspection contingency Earnest money deposit Finance 104

HomeLight

NOVEMBER 30, 2023

While your home shopping journey technically started with getting preapproved for a mortgage and looking at houses, it often doesn’t feel official until your agent submits an offer. Find a Buyer's Agent To Navigate the Homebuying Process Working with a trusted real estate agent can help you ensure you are submitting your best offer.

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Rent back Agents Renovation Mortgages 81