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Does Days on Market (DOM) Matter in Real Estate

Realty Biz

Days on Market, also known as DOM, is a widespread commercial term, which applies to all markets and products, be it a cake, a pair of shoes, or a real estate item. This concept has everything to do with the idea of “freshness” or actuality that any type of product has on a specific market. DOM on The Real Estate Market.

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Tips and Strategies For a Successful Spring Home Sale

Realty Biz

Stage your home to showcase its best features and create an inviting atmosphere for potential buyers. According to Zillow, houses listed for sale in the first half of May sell six days faster than average. Set a competitive price using current market trends by analyzing recent sales data. during this period.

Sales 108
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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?identify?any Agents, one of the biggest factors in property sales is pricing.

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More MLS Musings!

Toronto Realty Blog

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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The Realtor’s Cut of the Sale is 6%: We Breakdown Commission by Sale Price

HomeLight

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.

Sales 109
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What Is Simple Sale? A Platform for Selling Your Home Fast

HomeLight

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.

Sales 88
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Buyer’s Market vs Seller’s Market: What’s the Difference?

The Close

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.