Easy Agent Pro

SEPTEMBER 5, 2023

In today’s competitive real estate market , bidding wars have become common. When multiple buyers are vying for the same property, it can be challenging to secure a winning bid. Setting a Realistic Budget and Obtaining Pre-Approval Before engaging in bidding wars, creating a realistic budget is essential.

Earnest money deposit 78

Earnest money deposit Seller concession Purchase and sale agreement Pre-approval 78

Redfin

SEPTEMBER 2, 2020

Already familiar with how to make an offer on a house , you submit what you believe is a competitive offer and anxiously wait for a response. The seller’s final decision may come down to who can win the bidding war. . What is a bidding war? When should you stay out of a bidding war?

Pre-approval 78

Pre-approval Loan contingency Agents Banks 78

Windemere Selling

JUNE 28, 2023

Knowing how to negotiate as a seller will give you confidence as you and your agent work out a deal with the buyer. How to Negotiate Home Price The right offer looks different for everyone, so how should you negotiate with a buyer? There probably won’t be a lot of competition among buyers and bidding wars aren’t as common.

Staging 70

Staging Agents As-is Marketing 70

Realty Biz

MARCH 13, 2024

Making Competitive Offers Offering above the asking price and waiving contingencies like financing and inspections have become common tactics for winning in bidding wars. But carefully consider how high you’re willing to go and the risks involved. This gives you a price range to target in your home search.

Pre-approval 91

Pre-approval Marketing Inspection Closing costs 91

RIS Media

SEPTEMBER 8, 2020

Because of this, many buyers are in the midst of bidding wars. In order to help your clients make it through this challenging time, here are four tips to help your clients win a home-buying bidding war. This can help put you at the top of the bidding list. Ask About Pain Points. Money Talks .

Agents 78

Agents Sales As-is Marketing 78

Redfin

FEBRUARY 22, 2021

You may shortly find yourself in a real estate bidding war if you’re one of the many first-time homebuyers looking to buy in competitive markets like Austin, TX or Denver, CO. You may also think the only way to win the house is by putting in the highest offer. Eliminate contingencies during a real estate bidding war.

Pre-approval 71

Pre-approval Inspection Lending Renovation 71

RIS Media

AUGUST 2, 2021

However, a bidding war can be fast-paced and dizzying, with the potential for a costly mistake. Guide your sellers through a bidding storm with these tips for success. Offers in hand, how to select? It isn’t as simple as the highest bidder wins. It isn’t as simple as the highest bidder wins.

MLS 98

MLS Agents Staging Closing 98

Realty Biz

MARCH 27, 2022

Getting a house under contract is challenging, with bidding wars becoming the norm and not the exception. Getting a house under contract is challenging, with bidding wars becoming the norm and not the exception. To make sure you are the winning home bidder, there are things you can do to improve your chances.

Purchase and sale agreement 116

Purchase and sale agreement Earnest money deposit Seller concession Finance 116

RIS Media

OCTOBER 22, 2020

Bolin suggests a few places where you can beat a bidding war by finding a home that might not be listed yet. If any of the options above haven’t helped you find a home early to avoid bidding wars, you may have no choice but to work with the homes that are available now—and that’s okay.

Earnest money deposit 125

Earnest money deposit Pre-approval Marketing Proof of funds 125

The Close

FEBRUARY 20, 2024

You can expect to see: High real estate inventory Fewer interested buyers Sellers ready to negotiate Pro Tip Need to snag more buyer leads? Strategic pricing is key: Sellers (and their agents) should price homes to attract buyers—this could spark a bidding war that drives up the price. Check out zBuyer at the link.

Marketing 93

Marketing Debt-to-income ratio MLS Pre-approval 93

Realty Biz

MAY 1, 2022

Tips For Beating Cash Offers. We will be going over everything you need to know on how to beat a cash offer for the house you love. Do you know how to beat a cash offer in real estate? How low is the inventory? 2) How low is the demand for houses? A cash offer on a house is undoubtedly hard to beat.

Purchase and sale agreement 145

Purchase and sale agreement Rent back Pre-approval Inspection 145

Broke Agent Media

APRIL 6, 2023

Find out what they are—and how to fix them! Here’s how…’].” #2—Ask Some examples: “ What if I could show you how to get more offers with one simple hack?” “ Are you tired of scrolling through endless listings without finding your perfect home?” “ What if I told you I had a secret for getting your offer accepted in a bidding war?” #3—Make

Agents 98

Agents Brokerage Development Marketing 98

RIS Media

SEPTEMBER 20, 2021

While it’s fascinating to see how many people still live in fear of that exact scenario happening again, the truth is, we’re not even close to the market crashing! How was I so sure right at that moment, during the height of the lockdown, that the market wouldn’t crash? One reason: inventory. What are buyers doing?

Marketing 109

Marketing MLS Sales As-is 109

Realty Biz

DECEMBER 5, 2022

With bidding wars being the norm and not the exception, many buyers were waiving their inspection to strengthen their offer. How to Negotiate Problems Found at a House Inspection. It's the point in time where understanding how to negotiate after a home inspection becomes crucial.

Inspection 137

Inspection Earnest money deposit Purchase and sale agreement Inspection contingency 137

HomeLight

AUGUST 17, 2022

According to recent data from the National Association of Realtors (NAR) , housing inventory is on the rise, which means bidding wars are becoming less common. So, now is the time to use these five tips from Dr. Bell to create a seller seminar that will help you get new listings. Tip #2: Target FSBOs.

Agents 99

Agents Title Marketing As-is 99

RIS Media

APRIL 29, 2021

Bidding wars and all-cash offers are the norm, but your team might not be closing as many deals as usual—simply because properties are scarce. Bidding wars and all-cash offers are the norm, but your team might not be closing as many deals as usual—simply because properties are scarce. It’s a win–win!

Brokerage 98

Brokerage Branding Agents Closing 98

The Close

APRIL 28, 2022

Here’s how it works. Think of it this way: If your buyer’s offer is on the table, at least they will have a fighting chance, and if you follow some of my other suggestions, your buyer’s offer may even win! After getting punched in the face a few times, you have to decide to either quit or come up with another strategy. Don’t do this!

Rent back 105

Rent back Closing costs Finance Agents 105

Marco Santarelli

MAY 4, 2023

Anything that is staying on the market for more than 48 hours without a booked showing is in a less desirable location and definitely not in tip-top, showable condition. How Should First-Time Homebuyers Buy/Bid for Turnkey Homes? Why Turnkey Homes for Sale are Selling Fast in 2023?

Sales 52

Sales Pre-approval Investor Renovation 52

Realtor.com

JANUARY 5, 2023

Neill could understand their disappointment, given the COVID-19 era of red-hot bidding wars had ebbed alarmingly fast. .” When Atlanta-based real estate agent Maura Neill agreed to sell a home this fall, she knew she faced an uphill battle. For one, the housing market had cooled significantly. Still no bites. Realtor.com®

Agents 123

Agents Marketing As-is Mortgages 123

Real Trends

DECEMBER 19, 2022

How will they have a major impact on the lives of their clients, communities, and the economy? Many in the business have called the last two years a bit of a “money grab,” as agents were falling on listings and properties were selling over asking with multiple offers and bidding wars. Accountability is key.

Agents 126

Agents Inspection As-is Branding 126

Real Trends

OCTOBER 3, 2022

So how do you improve your communication skills, so you can optimize your performance as a real estate agent? It doesn’t have to be difficult — most of the tips below are intuitive, easy to put into practice, and can be applied to a lot more than just your professional life. Master body language. Control your voice.

Agents 83

Agents Closing costs As-is Investor 83

HomeLight

JUNE 17, 2022

This gets more attention from buyers who then submit multiple bids – often over the asking price – in order to compete and ultimately “win” the house as the highest bidder. This led to several buyers going into a bidding war and the best offer came in at $432,000 which was a $12,000 increase for the seller.

Inspection 108

Inspection Pre-approval Inspection contingency Renovation 108

HomeLight

JUNE 28, 2021

Here are seven tips for selling your house fast in Brew City. Simmons says that the Milwaukee seller’s market is so hot that 98% of buyers are waiving inspection contingencies to win bidding wars on homes. Milwaukee’s lakefront lifestyle and robust job market has long attracted homebuyers looking to settle in.

Inspection 108

Inspection Inspection contingency Staging Agents 108

HomeLight

APRIL 29, 2021

From cocktail parties to backyard barbecues, it seems like everyone around you is talking about how hot the real estate market is. Like weights on opposite sides of a balance scale, a change to one end tips the scale’s balance, affecting the other. It can affect: How you prepare your home for sale. Homes sell faster.

Marketing 109

Marketing Sales Agents Construction 109

Redfin

MAY 27, 2021

With the continued shortage of supply and increasing demand for homes, buyers – and their real estate agents – are left with no other choice but to bring out their most competitive and creative offers to win the deal. . What set the winning party apart was how much they were willing to pay above the next highest offer.

Agents 66

Agents Rent back Inspection Closing 66

Redfin

FEBRUARY 2, 2021

How has the pandemic affected the market? Furthermore, you’ll receive a pre-approval letter from your lender indicating how much of a mortgage you’ve been approved for. A seller’s market is when there are more homebuyers in a particular area looking to purchase a home than actual houses listed for sale. However, even if the U.S.

Pre-approval 66

Pre-approval Purchase and sale agreement Marketing Inspection contingency 66

Redfin

AUGUST 11, 2020

Key takeaways for the 4-week period ending August 2: A record-high share of homes are selling fast: 46% of homes sold within the first two weeks on the market, the highest level since at least 2012 (as far back as our data on this measure goes). Home sale prices were up 9% year over year to another new all-time high of over $311,000.

Marketing 87

Marketing Sales Agents As-is 87

HomeLight

MARCH 30, 2022

In a rising market the way we are today and how quickly homes are going up in value, when you get into some bidding wars you don’t have to worry will the house be appraised or not because it’s not based on a mortgage,” Colofranson explains. Benefits of real estate cash buyers. Reduce the time it takes to close your sale.

Sales 101

Sales Investor Renovation Due diligence 101

The Residential Specialist

DECEMBER 31, 2020

Here are some tips for making the process as smooth as possible. Love isn’t the only battlefield when a real estate market is ripe with multiple offers, and sometimes you need to add a more personal touch to a bid in order to win. People want to move—and they want to move quickly. Prepare your sellers. Buyers Can Get Personal.

Backup offer 98

Backup offer Pre-approval Agents Banks 98

HomeLight

NOVEMBER 23, 2020

Low inventory collided with low interest rates and made bidding wars a regular thing. Bidding wars more common than ever. ” As I think back about how this year played out, I hope this podcast helped answer that question for you every week. Join our Facebook community for The Walkthrough listeners.

Agents 88

Agents As-is Marketing Industrial 88

The Close

APRIL 26, 2022

Inventory here in Colorado is tighter than it has ever been and homes sell the first weekend they’re listed. It’s enough to make any buyer agent want to throw in the towel. . Here on The Reynolds Team , giving up is not an option. Our agents use a 10-step search plan to find homes for their desperate buyers. The Reynolds Team Agents.

Backup offer 76

Backup offer Purchase and sale agreement MLS Agents 76

HomeLight

JUNE 7, 2021

Have you ever watched a testimonial video where the client spends five minutes talking about how great their real estate agent is? Let’s figure out how to make the best video testimonials in your market, the kind of videos that will set you apart from the competition, the kind that buyers and sellers will find irresistible.

Agents 68

Agents As-is Marketing Staging 68

Redfin

AUGUST 21, 2020

As a homebuyer, you have choices about how you approach the transaction. Here’s how to make an offer on a house that could actually win the deal. . You don’t want to get drawn into a bidding war if you can avoid it. You don’t want to get drawn into a bidding war if you can avoid it.

Pre-approval 77

Pre-approval Purchase and sale agreement Inspection Title 77

HomeLight

MARCH 22, 2021

The best price doesn’t always win a bidding war. In part two of our Walkthrough series on winning bidding wars, Sarita Dua continues her explanation of the 3 C’s of winning bidding wars (confidence, communication, and creativity), how to beat an all-cash offer, and how to write offers that the listing agent will love.

Agents 74

Agents Inspection Inspection contingency Pre-approval 74

HomeLight

OCTOBER 12, 2020

There’s more to winning a bidding war than price. Sarita Dua is a top agent in Portland, Oregon who’s been winning bidding wars all year long — including seven straight in a single weekend. your offer has the lowest risk. your offer is most likely to cross the proverbial finish line.

Agents 98

Agents Inspection Inspection contingency Pre-approval 98

HomeLight

MARCH 15, 2021

If you want to win more bidding wars, you can’t keep writing offers the same way you always have. And winning often comes down to something other than price or closing date. In this episode of The Walkthrough, Portland agent Sarita Dua shares how she won seven straight bidding wars in a single weekend.

Agents 80

Agents Backup offer Inspection Closing 80

Housing Wire

JANUARY 22, 2021

The property type you opt for will ultimately impact your cash flow, how much work and maintenance the home requires, and the wealth you’re able to build over time. How much house can you afford to buy? 5 tips for finding the right mortgage lender for you. Here are house offer letter samples to win a bidding war.

Property Management 397

Property Management Land Mortgages As-is 397