What Buyers Can Do in an Extreme Sellers’ Market

Here is some bright news for buyers, according to Realtor.com, new MLS listings were up in early to mid-April by about 40% over last year. But that statistic needs to be kept in context. At this time last year, pandemic fears were in full swing. Listings dropped while people tried to figure out what was

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2020: Buyer and Seller’s Market

Buyers and Sellers So far, 2020 hasn’t been the year we’ve been expecting in more ways than one. The most apparent event plaguing the world is the coronavirus pandemic, which is forcing millions of people across the world to quarantine and stay at home. This change in our daily operations has had a major impact

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Why Dual Agency in Real Estate Is Bad For Buyers and Sellers

What is Dual Agency and How Does it Work? There are lots of things in a real estate transaction that a layman has no idea about. Most people do understand the basics of representation. For example a “seller’s real estate agent” represents a seller and a “buyer’s real estate agent” represents a buyer. Pretty simple

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What determines the value of a home?

While both the house and location will factor into the value of a property, in the end, it is an appraiser that actually drives or rather determines a property’s actual value. Say what? to put it simply: Appraisals determine property values Property values are important to buyers Property values are important to sellers Lenders want

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Ten Seller Deliveries at a Commercial Real Estate Closing

When buying a house, the seller typically will sign a deed and hand over the keys. However, commercial real estate transactions are usually more complicated, and most sellers of commercial properties have more deliverables. Buyers who do not get these items from sellers at the closing may find themselves trying to track down the sellers’

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Clients with children look to move more urgently than those without

Home sellers with children are usually in much more of a hurry to sell than those who don’t have kids, new survey from the National Association of Realtors has found. The survey, part of the NAR’s 2018 Moving with Kids report, found that 26 percent of sellers with kids aged under 18 say they need

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Zillow expands its Zillow Offers program to Atlanta

Online real estate listings giant Zillow says homeowners in Atlanta will soon be able to sell their homes to it directly, in an expansion of its popular Zillow Offers program.

Sellers are relying on “bump clauses” to fetch a better price on their homes

Sellers are increasingly adding in something known as a “bump clause” to their real estate transaction contracts, as a way of getting assurance that they’re receiving the best possible offer on their properties.

Sellers spend an average of $18,000 to sell their homes

Selling a home in the U.S. costs an average of $18.342 according to a new study on the hidden costs of selling carried about by Zillow and Thumbtack.

Report: Homeowners are putting off moving & building more equity

Most homeowners are delaying moving, with the typical seller living in his or her home for 10 years before deciding to sell, according to the National Association of Realtor’s 2017 Profile of Home Buyers and Sellers.

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