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Buyers are being picky — here’s how you can navigate it as a real estate agent

Housing Wire

For what felt like a moment in time, buyers enjoyed the luxury of being incredibly picky, carefully selecting what felt like their dream homes in a market that had shifted towards more favorable conditions. While I hate to be the bearer of bad news, that era is almost most definitely drawing to a close.

Agents 449
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Brand Report: Three Months of Record-Breaking Home Sales

RIS Media

The streak of record-shattering home sales stretched to three months in September, as closings rose 21.1 On average, homes sold in a mere 39 days—a full week faster than in September 2019. percent year-over-year as the number of homes on the market dropped to an all-time low in the 13-year history of the report. Nashville, Tenn.,

Branding 134
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Going, Going, Gone! Homes Are Selling the Fastest in These Markets

Realtor.com

Median days on market in April: 8. The fastest-moving market on our list was Ogden, a mountain town less than 40 minutes north of Salt Lake City. Median days on market in April: 10. Median days on market in April: 12. Median days on market in April: 15. Getty Images. Manchester, NH.

Marketing 133
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Brand Report: RE/MAX Releases February National Housing Data

RIS Media

from January’s and 42% year-over-year, as buyers continued to close on properties in greater numbers than sellers opted to list their homes. “It’s a complicated, competitive market, with buyers having to act quickly and aggressively to get the home they want. Days on Market – Average of 53 Metro Areas.

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How to Conduct a Smooth Real Estate Transaction

McKissock

Constructing a real estate offer is an art. In order to reach an acceptable agreement with the most favorable terms, make sure your buyers are aware of the market and the most important factors when constructing an offer. Number of days on market. Closing dates. Requests to sellers to pay closing costs.

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How to Do a Comparative Market Analysis: A Step-by-Step Guide

The Close

Days on market. A solid comp is a property that has been: Sold in the last 12 months (or, in fast-moving markets, the last six months) Near to your subject property on the map Closed within a reasonable number of days on market and sale terms. Don’t Forget Your Micro Market Trends. Property details.

Marketing 105
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Median Home Prices Hit $405,000 for the First Time

RIS Media

With demand beginning to moderate as some home shoppers are priced out of the market and new construction at near 16-year highs, inventory is expected to hit positive territory year-over-year this summer. Median Days on Market: Change from March 2021: -11. March 2022 Housing Metrics – National: . Median Listing Price: .