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

Housing Wire

More for Real Estate Enthusiasts. How to negotiate your home purchase offer. Mimi Foster, a real estate agent, told MarketWatch the home was like “walking into a crime scene.”. She received multiple cash offers that were well over the asking price. A homebuyer’s guide to a competitive housing market.

Buyers 476
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DOJ thumps RealPage with another antitrust lawsuit over AI-driven rent pricing

Housing Wire

The Department of Justice (DOJ) continues to take aim at alleged antitrust violations in the real estate industry. 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.”

Landlords 435
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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 460
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Realtor scripts for managing seller expectations

Housing Wire

However, I cannot promise you that the home will sell for this price because the real estate market is a lot like the stock market, it goes up and down and is very unpredictable. In this setting-the-expectation conversation, you want to be sure to let them know how and how often you will be communicating with them.

Sellers 441
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How to Conduct a Smooth Real Estate Transaction

McKissock

Here are some tips on how to make the real estate transaction process as smooth as possible for you and your buyer clients. Making an offer. Constructing a real estate offer is an art. In these stressful situations, buyers may take comfort in knowing that they’ve put forth their strongest offer. .

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10 Real Estate Tips BEFORE You Sell Your Home

Raleigh Realty

Selling Your Home: 10 Real Estate Tips and Tricks When you bought your home, you likely felt a great deal of excitement, as well as some apprehension. For those that may want to try the for sale by owner route, it is important to remember that even the person who founded forsalebyowner.com used a Real Estate Agent.

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Market Data for Real Estate Helps Counter Low-Ball Offers

Home Junction

Market data for real estate can be a blessing when it comes to helping your listing clients respond to off-the-wall, low-ball offers. In one instance, you have sellers enjoying multiple offers on a property and achieving a nice percentage increase above their asking price. As we all know, market conditions fluctuate.