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Stefan Peterson, zavvie chief data officer and co-founder, explains the impact on the typical consumer: “A Denver buyer with a traditional mortgage and a loancontingency had to make offers on an average of seven homes before winning the day.” ” Peterson added, “Homebuyers with all cash averaged just 1.1
According to zavvie, consumers gained a huge advantage when working with a Power Buyer versus using a traditional mortgage with a loancontingency. The report also examines offer strength, offer acceptance rates, service fees, average concessions, time to close, and customer satisfaction. For more information, visit zavvie.com.
Selling with an agent: Using the CMA as a guide, Realtors® draw on localized industry experience to advise homeowners about determining a home’s ideal list price — one that isn’t too low or too high. inspection and loancontingency time frames. whether it makes sense counter to a higher purchase price.
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