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DOJ thumps RealPage with another antitrust lawsuit over AI-driven rent pricing

Housing Wire

As a result, landlords can align rental prices, and tenants are limited in their ability to successfully negotiate counter offers or seek discounts. This type of conduct is egregious.” The complaint alleges that landlords using YieldStar agreed to provide RealPage “competitively sensitive data” that isn’t available to the public.

Landlords 435
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Homes are selling well over listing prices as buyers compete against each other

Housing Wire

If you’re looking to buy a home, be prepared to make an offer higher than what’s listed. In today’s market, sellers are juggling multiple offers at once. Meaning, they’re less likely to entertain a low offer or even make counter-offers. As a serious home shopper, make sure to lead with your best foot forward.

Buyers 476
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Opinion: Navigating buyer agent compensation

Housing Wire

A buyer submits an offer of $400,000 for the home and $12,000 in compensation for their broker. Expecting to net $392,000, the seller could then counter-offer with $404,000 for the home and $12,000 for the broker. Here is an example of how that might work.

Buyers 465
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Realtor scripts for managing seller expectations

Housing Wire

Instead, suggest that it might be best if you do one at what could be the worst case scenario, the lowest potential price a buyer might come in at, knowing that while that’s not a number they would accept it will at least provide a baseline to start at when calculating a counter offer number.

Sellers 446
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How to Conduct a Smooth Real Estate Transaction

McKissock

Negotiating counter offers. If the seller does not find the initial offer acceptable (e.g., because they feel the offer price is too low, too many repairs or inspections are requested, etc.), they may come back with a counter offer. They may be surprised by a counter offer.

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Seller concession

San Jose Real Estate

The seller might counter offer that since they are living in the home, they want that access restricted to 5 or 10 days. If the buyer agrees, that’s a concession.

Sellers 36
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10 Real Estate Tips BEFORE You Sell Your Home

Raleigh Realty

Once an offer comes in that piques your interest, inform your real estate agent so they may inform the buyer in a timely manner. If there are any counter-offers you wish to execute, make sure to also address those as quickly as possible.