Remove As-is Remove Days on market Remove MLS Remove Sales
article thumbnail

Existing home sales ended the year with a whimper in 2022

Housing Wire

The phrase “in like a lion, out like a lamb” is typically used to describe the month of March, but it is also applicable to existing home sales trends in 2022. month-over-month increase in January , existing home sales trended downward throughout the rest of the year. On a yearly basis, existing home sales were down 34% in December.

Sales 341
article thumbnail

Does Days on Market (DOM) Matter in Real Estate

Realty Biz

Days on Market, also known as DOM, is a widespread commercial term, which applies to all markets and products, be it a cake, a pair of shoes, or a real estate item. This concept has everything to do with the idea of “freshness” or actuality that any type of product has on a specific market. DOM on The Real Estate Market.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Selling a House ‘As Is’ in Tennessee

HomeLight

Melinda is a top-selling agent in Tennesee who completes 18% more sales than the average agent in the state. MLS has a field to mark a listing “as is”? MLS has a field to mark a listing “as is”? As is” is a type of home sale where it’s understood that no improvements will be made to the property.

As-is 97
article thumbnail

The Relationship Between Leverage & ‘Days On Market’

Toronto Realty Blog

If a property came onto the market today for $599,900, you went to look at it, and you were quite interested, how much would you offer? What type of market are we in? “We just came onto the market today.” ” “I got a cold call on the for-sale sign today, and I’m showing it to them tomorrow.”

article thumbnail

Selling a House ‘As Is’ in Michigan

HomeLight

They don’t want to make the repairs themselves to lift the house for sale with a realtor. They don’t want to make the repairs themselves to lift the house for sale with a realtor. MLS has a field to mark a listing “as is”? Looking into selling a house “as is” in Michigan? They don’t have the time.

As-is 84
article thumbnail

Selling a House ‘As Is’ in Virginia

HomeLight

This oftentimes will have to do with unique circumstances that don’t really lend themselves to renovating a property for sale. Sell 'As Is' With a Cash Offer in Virginia HomeLight’s Simple Sale platform will provide a no-obligation, all-cash offer for Virginia homes in almost any condition. Yes Is a real estate attorney required?

As-is 89
article thumbnail

Selling a House ‘As Is’ in PA (Pennsylvania)

HomeLight

The other issue we have (with regular sales) is when you say you’re going to make a repair, you’re kind of locking yourself into needing to find a contractor that can do that repair, and that’s become a challenge.” Sell your house ‘as is’ with a cash offer from HomeLight’s Simple Sale platform.

As-is 71