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zavvie Releases 2022 Seller Preferences Report

RIS Media

According to the report, consumers gained an advantage when working with a Power Buyer versus using a traditional mortgage with a loan contingency. iBuyer “prep and repairs” fees drop: Called a seller concession, they decreased in 2021 to an average of 3.1% Using a Cash Offers program, homebuyers averaged just 1.1

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zavvie Reveals new iBuyer and Power Buyer Report

RIS Media

According to zavvie, consumers gained a huge advantage when working with a Power Buyer versus using a traditional mortgage with a loan contingency. iBuyer “prep and repairs” fees drop: Called a seller concession, they decreased in 2021 to an average of 3.1% submitted offers before successfully purchasing a home.

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Use These 8 Strategies to Get Yourself a Home in 2022’s Real Estate Market

HomeLight

Only include essential contingencies. Speaking of contingencies, Peterson says the fewer, the better. If you must include contingencies, such as a loan contingency or appraisal contingency to secure a mortgage, try to include as few as possible. The sooner you do this, the better.