Remove Days on market Remove Design Remove MLS Remove Short sale
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How Long Does a Short Sale Stay On Your Credit Report? Myth vs. Reality

HomeLight

One of them is a short sale. The process is complicated and confusing, often leaving a worrisome question in its wake: How long does a short sale stay on your credit? What is a short sale? Typically, it’s best to list it at market value to recoup as much money as possible. The process. The timeline.

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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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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

Days on market (DOM). As a seller’s agent, you’re counting the days a listing is on the market. Simply put, this measures the number of days a property is for sale, from the day it is listed on the multiple listing service (MLS) to the day a buyer and seller are under contract.

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Selling a House ‘As Is’ in Wisconsin

HomeLight

Median sales price in Wisconsin. Average days on market for Wisconsin. 46 Days (from listing to contract). MLS has field to mark a listing “as is”? Fast facts about selling a house ‘as is’ in Wisconsin. 265,501 (April 2022). Disclosures. Is a real estate attorney required? Exceptions.

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Selling a House ‘As Is’ in North Carolina

HomeLight

Median sales price in North Carolina. Average days on market for North Carolina. 23 days (from listing to contract). MLS has field to mark a listing “as is”? Any known flood hazard or if the property is located in a federally-designated flood hazard area. 359,600 (April 2022). Disclosures. Main home systems.

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Selling a House ‘As Is’ in Maryland

HomeLight

Median sales price in Maryland. Average days on market for Maryland. MLS has field to mark a listing “as is”? If the home is part of a designated historic district. Fast facts about selling a house ‘as is’ in Maryland. Disclosures. Yes, according to Umanzor, there is an as-is addendum for agents to complete.

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