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5 Things Homebuyers Need To Know When Making an Offer

Keeping Current Matters

The problem is, in today’s market there just aren’t that many homes available to purchase. Today’s market is dynamic and fast-paced. An agent can help you consider what levers you can pull that might be enticing to a seller, like: Offering flexible rent-back options to give the seller more time to move out. Bottom Line.

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20% of Winning Home Offers Waived the Inspection Contingency in June, Up From 13% Last Year

Redfin

markets waived the inspection contingency, compared with just 13.2% Winning offers waived the appraisal contingency at a similar rate—20.6%—up The inspection contingency allows the buyer to cancel a purchase or request repairs if they find an issue during the inspection period. In June, 19.9%

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Tips to Help Buyers Successfully Navigate a Hot Real Estate Market

Realty Biz

There may not be enough houses on the market right now, but more are coming on the market every day. When the market demands it, your highest offer should be at the high end of the market analysis. In today’s market, a good strategy is looking at houses below the top end of your budget.

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Buying in a Seller’s Market: 9 Ways to Win

Redfin

What is a Seller’s Market? 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. A seller’s market usually results in rising home prices and stiffer competition among homebuyers. How has the pandemic affected the market?

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Is a Home Sale Contingency Clause Always Necessary? Here Are Your Options

HomeLight

leading to bidding wars in many of the major markets. For instance, getting preapproved for a mortgage is imperative in the 2022 tight market. Eliminating this important contingency can be tricky, but it may be the only way to get your offer accepted in a competitive market. You generally see those in a normal market.”

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16 Tips to Win a Bidding War on a House

The Close

That’s not including the luxury market—the median sold price in my area in Florida is around $300,000. When you remove the possibility of your buyers backing out, you’re giving that seller peace of mind that your clients are in it to win it. Offer Rent Back The possession date is often a point of negotiation in any sale.

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Survey: Almost Half of Recent Homebuyers Made an Offer Sight-Unseen, the Highest Share on Record

Redfin

Almost half (45%) of people who bought a home in the past year made an offer on a property that they hadn’t seen in person, the highest share since at least 2015, according to a Redfin-commissioned survey in May and June of more than 1,400 people across 29 major markets. Sight-unseen offers can also pose risks to sellers.