Remove Days on market Remove Earnest money deposit Remove Inspection contingency Remove Sales
article thumbnail

Received Multiple Offers on Your Home? ‘Highest and Best’ Will Tell You Who Wants it Most

HomeLight

Read on to get a full 360-degree explainer on the risks and rewards of asking buyers for their highest and best, with tips on how to pick a winner depending on your unique priorities for this sale. In Lunger’s market, he’s seen some listings ask for the highest and best on the very first day the home is listed.

article thumbnail

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. Year-over-year, monthly sales in the Phoenix metro area were down nearly 25%.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Sell a House by Owner in Texas

HomeLight

When the time comes to move, some tenacious homeowners in Texas are eager to take over the reins of their home sale and figure out how to sell a house by owner. Often, the decision to go for sale by owner (or “FSBO”) is motivated by a desire to save on agent commissions. That 6% is deducted from the seller’s proceeds at closing.

article thumbnail

How to Sell a House by Owner in Arizona (2022 Updates)

HomeLight

price increase , pushing median sale prices to upward of $350,000. With such impressive sales figures, some sellers may be curious about how to sell a house by owner in Arizona — a decision that could help them save on agent commissions. Median sales price: $449,900 (Feb. Median sales price: $449,900 (Feb. 2022 , a 28.5%

article thumbnail

51 Brilliant Real Estate Tips for Buyers to Edge Past the Competition

HomeLight

Your agent, on the other hand, will be well-versed in the homes for sale in your area. Definitely include an inspection contingency. When you buy a home, you’ll typically want to have it inspected first. Of course, sellers love an inspection-free deal. Sweeten the pot with earnest money.