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

The Close

In real estate, the market is tied to the basic economic rule of supply and demand, which determines if a market is a buyer’s market vs seller’s market. Sure, certain seasons might have more foot traffic than others, but the housing market could vary drastically from neighborhood to neighborhood.

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Your Dream Home Appraised Lower than Your Offer: Now What?

HomeLight

According to California real estate agent Ed Kaminsky , an appraisal is a “verification process” that the market did its job and the market value for your home is accurate. They’ll find at least three homes, Kaminsky says, that are similar in size, age, location, and condition to compare sale prices and evaluate market conditions.

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16 Tips to Win a Bidding War on a House

The Close

Ensure Your Client Has Loan Pre-approval Many sellers are anxious to get to the closing table quickly, which drives many to cash buyers , even for a lower price. Also, understand the difference between a prequalifying and a pre-approval letter. FAQs What is a bidding war?

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Vital Steps to Take When Purchasing Your First Home

Realty Biz

By following these steps, you can easily navigate the real estate market. This documentation will be necessary when applying for a mortgage pre-approval. It's advisable to reach out to multiple lenders and obtain pre-approval. Understanding the basics of home buying and getting prepared financially is critical.

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How to Sell a House By Owner in North Carolina

HomeLight

We’ll also provide a comprehensive overview of the full process to prep, market, and close on your home without the assistance of a real estate agent. If you don’t have the time or expertise to list your home FSBO, partner with a trusted, top agent in your North Carolina market. less than agent-marketed sales.

MLS 81
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How to Sell a House By Owner in Iowa: A Hawkeye State FSBO Guide

HomeLight

In recent years, the hot Iowa real estate market and a steep rise in equity added extra incentive to maximize profits. As the market shifts, you may have new concerns about how much you can get for your home and the amount of your net proceeds. In the midwest, we don’t see the appreciation jump as high as in bigger markets.

MLS 95
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How to Sell a House by Owner in New Jersey

HomeLight

In recent years, the hot New Jersey real estate market and a steep rise in equity added extra incentive to maximize profits. As the market shifts, you may have new concerns about how much you can get for your home and the amount of your net proceeds. less than agent-marketed sales. As you can see, FSBO is a mixed bag.