RIS Media

OCTOBER 19, 2020

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.,

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Branding Sales Days on market MLS 132

Housing Wire

NOVEMBER 30, 2021

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?identify?any Agents, one of the biggest factors in property sales is pricing.

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MLS Agents Branding Staging 441

Realty Biz

JANUARY 19, 2024

According to Zillow, houses listed for sale in the first half of May sell six days faster than average. A survey by Realtor.com disclosed that 50% of homes sold in the spring selling season were on the market for less than a month. Set a competitive price using current market trends by analyzing recent sales data.

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Sales Staging As-is Agents 109

Toronto Realty Blog

JANUARY 15, 2021

And other than a “Photos of the Week” in November and an “MLS Exaggerations” in October, we really, truly haven’t run More MLS Musings since September. Should we look at MLS photos or should we roll with the descriptions? I took this screen-shot on the second day of the listing.

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MLS Staging Days on market As-is 56

HomeLight

AUGUST 20, 2021

The average Realtor®’s cut of the sale is 6% of the home sale price. It’s customary for the seller to pay the commission, deducting money from the sale price. Breaking down the Realtor®’s cut of the sale. Take a look at how this percentage translates into dollars per the following home sale prices: Home sale price.

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Sales Agents MLS Staging 109

RIS Media

JUNE 17, 2021

Sales dipped 0.2% drop in listed homes at a time of year when active inventory is normally building for peak summer sales months. But two other metrics confirm that the frenzied seller’s market marches on: Months supply of inventory dropped to 1.1 months and homes changed hands in a mere 28 days. May’s 1.1

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Branding Sales Days on market MLS 81

Toronto Realty Blog

JULY 27, 2022

How do you list it for sale? How the property is marketed and which agent has the listing are factors too, and they’ll overlap with the overall strategy. Then again, there have been a few listings on the market with “strategies” that make no sense, ie. sale price. Now, the sale rate increases to 39.0%.

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Sales MLS Marketing As-is 105

RIS Media

AUGUST 20, 2020

In a significant upward shift, July home sales rose 8.7% over July 2019, halting a streak of year-over-year sales declines triggered by the COVID-19 pandemic. July’s market was blistering hot despite the lowest Months Supply of Inventory (1.7 Seven months into 2020, home sales are just 4.8% year-over-year.

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Branding Sales Days on market MLS 81

HomeLight

MARCH 29, 2022

According to the National Association of Realtors®, cash sales accounted for 23% of existing-home sales last year, up from 16% the year before. The platform is called Simple Sale , and it offers a number of benefits to someone who needs to sell their home quickly and with fewer hassles than a traditional listing. Learn More.

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Sales Agents Closing Staging 97

Toronto Realty Blog

JULY 28, 2023

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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Days on market Principal Agents Sales 86

Toronto Realty Blog

JANUARY 13, 2021

This is merely one sale in the city of Toronto, but it’s telling the tale of a market that is ready to explode. For those of you who think that a market can’t stop on a dime and turn the other way, this is all you need to see. This sale most certainly tells a tale! This time around would be quite different.

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Sales Pre-approval Fixed-rate mortgage MLS 69

The Close

FEBRUARY 20, 2024

When supply exceeds demand, we see a buyer’s market. This phenomenon means there are fewer buyers than there are homes for sale. 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.

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Marketing Debt-to-income ratio MLS Pre-approval 97

RIS Media

SEPTEMBER 20, 2021

August home sales dropped 3.5% from July’s total—and the median sale price slipped 1.2% Despite these drops, August still almost broke records for home sales signaling a still-hot market. August’s low number of days on market (24) and meager months supply of inventory (1.3) Home sales dropped 3.5%

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Branding Days on market Sales MLS 98

RIS Media

JULY 19, 2021

June created the perfect trifecta for a hot housing market: June home sales and prices both set report records, while inventory grew for the first time in 15 months. The month of June, typically the biggest month of the year for home sales, saw sales soar 14.2% The number of homes for sale, meanwhile, grew 1.9%

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Branding Marketing Days on market Sales 98

RIS Media

MAY 17, 2021

On average, April home sales took just 32 days from listing to going under contract, while the median sales price rose to $320,000—both new records in the 13-year history of the report. April home sales in the report’s 53 metro areas were up 5.3% In contrast, home sales in 2020 dropped 13.7% from 2015-2019.

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Branding Days on market Sales MLS 98

HomeLight

SEPTEMBER 20, 2023

The other issue we have (with regular sales) is when you say you’re going to make a repair, you’re kind of locking yourself into needing to find a contractor that can do that repair, and that’s become a challenge.” Sell your house ‘as is’ with a cash offer from HomeLight’s Simple Sale platform.

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As-is MLS Days on market Sales 78

RIS Media

MARCH 18, 2021

The median home price reached $291,000 in February—the highest in the 13-year history of the report—while sales set a new high for the month and inventory continued to drop to record lows. The record February home sales were up 5.7% in the ramp-up toward the seasonally higher sales of spring. in February 2020.

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Branding Days on market New Construction Sales 98

RIS Media

FEBRUARY 17, 2021

Despite record low inventory, January home sales posted a 13.5% That followed four consecutive months of year-over-year sales increases of 19% to 22% on the heels of pandemic lockdowns. – The median sales price of $285,000 was a record for the month of January and 11.8% increase over a year ago. higher than January 2020.

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Branding Days on market Sales MLS 98

The Close

DECEMBER 1, 2022

A comparative market analysis (CMA) determines the market value of a property by comparing it to similar properties that have recently sold, as well as to those currently listed for sale. A CMA is a crucial tool for listing agents determining the right sale price for a property. Days on market.

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Marketing MLS Days on market Sales 105

HomeLight

NOVEMBER 9, 2021

The recent housing market has been hot and competitive due to an extreme lack of inventory. For a seller in a hurry, the shortage of homes means you can anticipate fewer days on market (DOM). How it might take 12-75 days to sell your home. What do days on market mean? Direct Buyer (Simple Sale).

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Purchase and sale agreement Home sale contingency Title search Inspection 94

Windemere Selling

MARCH 8, 2023

As a part of this process, it’s important to understand the different types of markets and how their conditions play into accurately pricing your home. See the latest data on home sales, home prices, mortgage rates and more for your area here: Regional Market Updates What is a seller’s market?

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Marketing Days on market MLS Agents 93

RIS Media

DECEMBER 17, 2020

The housing market continued its extraordinary half-year run of high activity, with November 2020 home sales up almost 20 percent over November 2019—establishing a new high for the month in the 13-year history of the report. November did experience the normal seasonal decline from October, with home sales decreasing 14.5

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Branding Days on market MLS Sales 98

HomeLight

JANUARY 28, 2022

But judging by the importance levied on house comps, comparable sales may be the most important thing in real estate pricing. In real estate, “comps” is a slang term for comparable sales, meaning the sales price of similar properties within a close distance. Source: (Nick Agee / Unsplash). What are comps in real estate?

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MLS Agents Sales Title 103

Real Trends

OCTOBER 11, 2022

To real estate agents, it feels like the market shifted overnight, so imagine what prospective sellers are thinking! They saw neighbors received 10 offers on their house in one day, and a sale for $50,000 over asking price. ” The power of appropriate pricing on day one. What the list to sale price ratio?

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MLS Agents Days on market Principal 98

HomeLight

JANUARY 12, 2024

Melinda is a top-selling agent in Tennesee who completes 18% more sales than the average agent in the state. MLS has a field to mark a listing “as is”? As is” is a type of home sale where it’s understood that no improvements will be made to the property. Crosslin works with his wife, Melinda Crosslin , at Crye-Leike.

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As-is Investor Residential Closing costs 104

Realty Biz

MAY 15, 2022

Real estate comps can be used to determine the value of a property, which can be helpful for a variety of purposes across the real estate spectrum, from buying and selling to investing and making housing market predictions. Let’s look at everything to know about comps in real estate sales. How Are Real Estate Comps Determined?

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Sales Agents MLS Equity 140

Marco Santarelli

NOVEMBER 5, 2023

Several key trends are shaping the Greenville housing market: Rising Home Prices: The median home price in Greenville has experienced steady growth, increasing by 1.6% Reduced Inventory: The number of homes available for sale has decreased significantly, creating a seller's market. Average Sales Price : $385,773 *6.3%

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Marketing Investor Sales Days on market 98

HomeLight

JANUARY 22, 2024

They don’t want to make the repairs themselves to lift the house for sale with a realtor. Most of the time, if the house needs any repairs, most realtors expect the homeowner to make the necessary repairs before they lift the house on the market.” MLS has a field to mark a listing “as is”? yes, according to Jeff Todd.

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As-is Seller disclosure Closing costs Investor 93

HomeLight

JANUARY 3, 2023

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%.

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Purchase and sale agreement Inspection MLS Inspection contingency 106

RIS Media

APRIL 19, 2021

March home sales jumped by one-third over February’s total as demand from hordes of eager homebuyers pushed the median sales price above $300,000 for the first time in the 13-year history of the report. March was only the fifth month in report history with average days on market under 40. in a statement.

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Branding Days on market Sales MLS 66

RIS Media

NOVEMBER 17, 2020

And across 52 markets, the average of 38 days from listing to contract marked the fastest pace of any month in the report’s 13-year history. Defying seasonality in a year upended by the pandemic, October sales were the third-highest year-to-date. Home sales were slightly up compared to September 2020 (+0.1

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Branding Days on market MLS Sales 64

Toronto Realty Blog

JANUARY 26, 2022

Regular TRB-reader, East Yorker , noted that one of the houses profiled is right down the street from where s/he lives and that the sale price was impressive. But even since I ran those stats on the weekend, we’ve seen more sales posted on MLS that defy logic. And that’s just in the freehold market.

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Days on market Sales MLS Title 80

HomeLight

APRIL 28, 2023

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.

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Purchase and sale agreement Inspection Title Inspection contingency 84

Miller Samuel INC

JUNE 28, 2020

That was the beginning of the problem this crisis posed for the industry that lives and dies on sales and rental transactions. While I have been a real estate appraiser and market analyst for 35 years, I dipped my toe into real estate as a sales agent in Chicagoland for six months in the mid-1980s. Lesson learned.

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Marketing MLS Bankruptcy Days on market 59

Redfin

JANUARY 13, 2022

Median sale price: $400,000. Average sale-to-list ratio: 109%. Homes for sale in Oxford. With an average sale-to-list ratio of 109%, buyers should be prepared to face some stiff competition in order to score their dream home in this competitive neighborhood. Median sale price: $505,000. Median sale price: $297,000.

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Days on market Sales Residential MLS 68

HomeLight

NOVEMBER 3, 2022

Links and mentions of North Carolina flat fee MLS companies in this post do not constitute an endorsement. While the market is slowly cooling – or normalizing – home prices remain steady in many North Carolina cities and median days on market are relatively low, although today that can mean a week or two versus a day or two earlier this year.

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MLS Purchase and sale agreement Agents Sales 91

HomeLight

JANUARY 22, 2024

This oftentimes will have to do with unique circumstances that don’t really lend themselves to renovating a property for sale. Sell 'As Is' With a Cash Offer in Virginia HomeLight’s Simple Sale platform will provide a no-obligation, all-cash offer for Virginia homes in almost any condition. Yes Is a real estate attorney required?

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As-is Inspection Equity Renovation 98