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Price Reduction in Real Estate: A 5-step Guide for Agents

The Close

The primary indicator is obvious: The house just sits on the market while everything around it is flying off the shelves. You must evaluate if a price reduction is necessary by looking at the absorption rate and the average days on market (DOM) for that location. But it’s critical to dig deeper.

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6 of the Top We Buy Houses for Cash Companies in Lakeland, Florida

HomeLight

This company assigns customers to a designated coordinator who provides updates and works directly with you. They also specialize in quick sales, stating on their website that they usually deliver a cash offer within one hour and can close in as little as seven days. The company also takes pride in its customer relationships.

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How to Sell Your House Fast With a Realtor’s Expertise

HomeLight

Here’s how you can check to see if your agent is up to the task: Average days on market: Days on Market (DOM) is a real estate term for the amount of time between when your house goes on the market and when it goes under contract with a buyer, an event that switches your listing status from active to pending.

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How to Sell a House by Owner in Colorado

HomeLight

Higher interest rates have been cooling the housing market nationwide, and real estate in Colorado is no exception. Inventory is starting to rise along with the average number of days on market as of September 2022. Average days on market : 46 (November 2022). Closing costs.

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Need Help Selling Your House? These 6 Pros Can Help

HomeLight

For added insight, we interviewed Sherry Ekdawy , a top-selling agent, designer, and contractor in Phoenix, Arizona. A top real estate agent in your local market. If you choose to list your home on the market, you need a seasoned local real estate agent with experience selling homes like yours.

Staging 111
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30 real estate social media post ideas (+ popular agents to follow)

Housing Wire

Design a photo with the testimonial included, then use the caption to express gratitude for the review. To demonstrate this, share regular updates with posts that include stats, such as the average sale prices in your city or in desirable neighborhoods, the number of active listings, the average days on market, and more.

Agents 401
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How To Pick a Real Estate Agent Who’s Right for You

HomeLight

Days on market: how many days the home stayed on the market. An experienced agent who knows the market “has that knowledge that you don’t have as a seller,” says Biedenharn. As an example, a buyer can offer a seller their asking price and try to work closing costs into the deal.

Agents 104