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Here’s the key to being an empowered real estate professional in 2022

Housing Wire

What matters for your market (wherever you are) is what patterns are developing near you. new listings, sold listings, days on market, off-market listings?—?will the trends and patterns that are unique to your market and will allow you to? up-to-date, reliable data comes directly from your MLS.

MLS 437
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What is MLS? Multiple Listing Service Explained

Redfin

While first-time homebuyers and even seasoned homeowners might have heard of MLS, they may not be familiar with the role it plays throughout the home buying and selling process. Understanding how the MLS factors into the process can help you get the most out of your purchase or sale. What an MLS is and how it works. What is MLS?

MLS 73
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The Most Fascinating Listing I Have Ever Seen!

Toronto Realty Blog

I don’t have an official “record book” for this, but I don’t recall a property being listed twenty-two times without an on-market sale. I can’t post the address, for obvious reasons, but here is the MLS listing: If you’re reading this on your phone, you probably can’t even see the whole image!

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Buyer’s Market vs Seller’s Market: What’s the Difference?

The Close

Competition is lower for a home, and the number of days on market increases for listings. A buyer’s market can be determined by calculating the months of inventory. Anything more than six months is traditionally considered a buyer’s market. Traditionally, the number of days on market is low.

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Answering sellers, ‘My neighbor sold over asking in one day, so I should too’

Real Trends

. “If they tell me they would likely take it off the market, I have to make a business decision and decide whether or not I want that listing.” ” The power of appropriate pricing on day one. But, today’s market requires agents to be more creative in their marketing, according to Ailor.

MLS 98
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How to Do a Comparative Market Analysis: A Step-by-Step Guide

The Close

DON’T FORGET: You can get a lot of this information from the MLS (from previous times your subject property has been listed), from tax records and county/township websites, and most importantly, from the owner of the property. Days on market. Whenever possible, you should get your data from your local MLS.

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Greenville Housing Market Forecast 2023: Will it Crash?

Marco Santarelli

year-over-year increase New vs. Sold Listings New Listings : 1,697 vs. 1,320 September 2022 New Listings: 1,921 Sold Listings : 1,468 There were 1,697 new listings submitted to the MLS last month. Days on Market Days on Market : 40 Days September 2022: 27 Days The average days on the market for homes listed in September 2023 was 40 days.