The Close

APRIL 30, 2024

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. Would that help?

Agents 77

Agents Short sale Staging Sales 77

HomeLight

DECEMBER 14, 2021

Source: (Plush Design Studio / Unsplash). What are the average days on market for your listings? The average days on market is how long it takes for an agent’s listings to sell. Select your city and scroll down to view the “Days on Market” figures in the charts. No pressure, right?

Agents 125

Agents Days on market Short sale Closing 125

HomeLight

MAY 19, 2022

Median sales price in Maryland. Average days on market for Maryland. If the home is part of a designated historic district. Preliminary offer: At this stage, some house-buying companies will provide a preliminary offer that is subject to change after a house assessment. No staging. Disclosures. Skip repairs.

As-is 100

As-is Inspection Investor Closing costs 100

HomeLight

MAY 23, 2022

Median sales price in North Carolina. Average days on market for North Carolina. 23 days (from listing to contract). Any known flood hazard or if the property is located in a federally-designated flood hazard area. No staging. Fast facts about selling a house ‘as is’ in North Carolina. 359,600 (April 2022).

As-is 85

As-is Purchase and sale agreement VA loan Inspection 85

HomeLight

MAY 23, 2022

Median sales price in Wisconsin. Average days on market for Wisconsin. 46 Days (from listing to contract). If they filed any insurance claims for damage to the property in the last five years, or if the home is a designated historic building, they will need to disclose that information, as well. No staging.

As-is 107

As-is Inspection Investor Closing costs 107

The Close

DECEMBER 29, 2022

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. Short sale.

Purchase and sale agreement 97

Purchase and sale agreement Title Proof of funds Pre-approval 97