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Portrait of a pre-foreclosure peacemaker

Housing Wire

Helping the seller understand the true market value of the home given the condition can also be a challenge. After-repair value is the estimated market value of a property in fully repaired condition. Sometimes the seller wants one month rent back. These scenarios are not like vanilla deals,” Sandoval said.

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Rent-Back Agreement: What It Is, How It Works, and What Buyers and Sellers Should Know

Redfin

A rent-back agreement offers a flexible solution, allowing the seller to stay in the home after closing and pay rent to the buyer for a short period—essentially renting it back while preparing for the next move. What is a rent-back agreement? How does a rent-back agreement work?

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9 Telltale Signs a Home Showing Went Well

Redfin

or “Do they need a rent-back?” They may be preparing to make a competitive offer: In fast-moving markets, buyers want to know if there’s a deadline or multiple offers in play so they can act quickly and strategically. It varies by market, but nationally, sellers often receive an offer after 10-25 showings.

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What Is the Cost of Selling a House in Michigan?

HomeLight

Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. Theres lots of buyer activity in the market, and because its still generally a sellers market, were seeing home values continue to appreciate.

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9 Smart Tips for Making an Offer on a House That Stands Out

Redfin

In today’s competitive housing market, it’s not just about the price — it’s about presenting yourself as the most appealing buyer. In the average market, a typical earnest money deposit is 1-3% of the home’s purchase price. In contrast, a buyer’s market may offer more flexibility and negotiating room.

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Best and Final Offer (BAFO): What It Means For Buyers and Sellers

Redfin

If you’re selling or buying a home in a competitive market, you might hear the term best and final offer (BAFO) thrown around. Closing timeline: Aligning with the seller’s preferred timeline—or offering a rent-back—can give you an edge. Imagine a seller puts their home on the market and gets five offers all at once.

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How Long Does a Seller Have to Respond to an Offer?

Redfin

They received multiple offers In competitive housing markets , sellers can get multiple offers in a single weekend. Flexible move-out or rent-back options: Sellers who haven’t secured their next home may appreciate extra time to move or stay temporarily after closing. Simpler, cleaner offers usually win.