The Close

FEBRUARY 20, 2024

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. In this scenario, sellers have the upper hand in negotiations.

Marketing 91

Marketing Debt-to-income ratio MLS Pre-approval 91

HomeLight

JUNE 29, 2022

Once upon a time, the only place you could find property data was the MLS (multiple listing service) , a series of private databases real estate professionals use to share listing information among one another and broker deals. Only the MLS will have the most up-to-date data, and not every listing portal will have complete location coverage.

MLS 108

MLS Seller concession Agents Sales 108

HomeLight

OCTOBER 14, 2022

With an average of 59 days on market, she sells properties 51% faster than the average agent. Forrester says Pennsylvania FSBO sellers she encounters typically choose that route “because they want to save money and they think that by not paying commission they’re going to come out ahead.”. Marketing your home is time-consuming.

Purchase and sale agreement 87

Purchase and sale agreement MLS Seller disclosure Agents 87

HomeLight

SEPTEMBER 30, 2022

Marketing your home is time-consuming. Not having agent representation could also lead to paying more in seller concessions. In Wisconsin’s shifting market, “Condition is really going to drive days on market ,” Labus says. Only licensed real estate agents and brokers who are MLS members can post to the MLS.

Purchase and sale agreement 79

Purchase and sale agreement MLS Agents Inspection 79