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This proves your expertise to clients and allows you to provide them with knowledge about the real estate market. The average days homes stay on the market is 117 days; the median days on market is 77 days. 80% of buyers financed their home purchase, and 23% of people financed 80% to 89% of the home.
While you want your clients to be prepared, focus primarily on the immediate next steps and reiterate the key details as you progress through each stage of the transaction. Set the stage: Educate your clients on the market This is your time to shine! How will these factors affect a potential offer?
Summary Planning your open house Marketing your open house Hosting your open house Open house follow-up ideas The full picture Open house ideas: Planning your next event Not every one of your clients wants or needs to hold an open house, but you can certainly play up your open house events to help you reach your real estate career goals.
To demonstrate this, share regular updates with posts that include stats, such as the average sale prices in your city or in desirable neighborhoods, the number of active listings, the average days on market, and more. Staging ideas There’s a science to staging, but a lot of people don’t know that.
Zillow's Methodology: How They Predict the Heat Their “hottest market” ranking isn't just a guess; it's based on a sophisticated index that takes several factors into account: Forecasted Home Value Appreciation: This looks at how much Zillow expects home values to increase over the coming year. Shorter times suggest high demand.
There’s the “as-is” where the seller knows they have a very marketable piece of property, and they just want a clean contract all the way through closing, says Ryan Hvizda , a top-selling real estate agent in New Hampshire and an expert in the single-family homes market. MLS has a field to mark a listing as is?
The recent housing market has been hot and competitive due to an extreme lack of inventory. For a seller in a hurry, the shortage of homes means you can anticipate fewer days on market (DOM). How it might take 12-75 days to sell your home. Buyer’s financing method. What do days on market mean?
Active listings: Homes currently on the market that buyers are comparing to yours. Days on market: How long comparable homes took to sell, which helps gauge buyer demand. Alternatively, you might need to improve the presentation of your home, whether through repairs, staging, or professional photography.
Fast facts about selling a house as is in Princeton Median sales price in Princeton $510,000 Average days on market (DOM) for Princeton 18 days Disclosures Princeton law requires sellers to disclose material facts about the property through the Seller’s Property Condition Disclosure Statement.
2025) $455,000 Average days on market (DOM) for Nevada 47 days Disclosures Nevada law requires sellers to disclose material facts about the property through the Sellers Real Property Disclosure Form Does MLS have a field to mark a listing as is? Curious to know more about the Simple Sale experience?
The Numbers Don't Lie: A Deeper Dive into the Data Let's break down some of the key data points that highlight Manchester's hot market status: Median List Price: $579,000 in January (a nearly 4% increase from the previous month). Days on Market: 46 days , significantly lower than the national median.
Home staging and preparation. If the buyer finances the home purchase, their lender typically caps seller concessions. Home staging and preparation. Or selling it for market value or above marketmarket value,” says Caldwell. “So Seller concessions. Local taxes and transfer fees. Home pre-inspection.
Fast facts about selling a house as is in Idaho Median sales price in Idaho $481,500 Average days on market (DOM) for Idaho 77 days Disclosures Idaho law requires sellers to disclose material facts about the property through the Sellers Property Condition Disclosure Form MLS has a field to mark a listing as is?
Keep it simple to set the stage for a speedy home sale in Grand Junction. If you want to sell your house fast in Grand Junction, then home staging is a must before opening your door to prospective buyers. According to a survey of top agents, nearly 83% say that a staged home sells faster than an unstaged one.
Evaluate their marketing plan: A good agent will have a clear, comprehensive marketing plan for your home. This should include professional photos, online listings across multiple platforms, open houses, and possibly staging services. Ask how they plan to make your home stand out in a competitive market.
McAllen remains incredibly affordable, but the local housing market’s steady rise in home values and a population increase of over 11% since 2020 has also caught the eye of real estate investors, particularly those seeking out single-family properties to rent out. Stage your McAllen home, but keep it simple.
Fast facts about selling a house as is in Rhode Island Median sales price in Rhode Island $470,000 Average days on market (DOM) for Rhode Island 34 Disclosures Rhode Island law requires sellers to disclose material facts about the property through the Real Estate Sales Disclosure Form. [If
Some programs available to low-to-moderate income homebuyers and first-time homebuyers include: Golden State Finance Authority (GSFA). The California Housing Finance Agency (CalHFA) has approved lenders that can qualify first-time homebuyers for a variety of home loans. Median days on market: 10. Median days on market: 8.
Every house, every market, and every individual sale will vary in terms of days on market and closing timelines. In fact, 24 days from list to offer is pretty swift, historically speaking. In the current pandemic climate, some closings have dragged on more like 60 days. Your sale could be different.
Otherwise, you’ll need to find another way to finance these costs. Use this basic formula to estimate your home’s equity: Current market value of home ($500,000). –. We’ll match you with the three top agents for your home sale based on their average list to sale price, days on market, and client reviews.
What are the average days on market for your listings? The average days on market is how long it takes for an agent’s listings to sell. Select your city and scroll down to view the “Days on Market” figures in the charts. Always ask to see this number, and compare it between the agents you interview.
Fast facts about selling a house ‘as is’ in New York Median sales price in New York $380,000 Average days on market (DOM) for New York 50 Disclosures New York law requires sellers to disclose material facts about the property through the The Property Condition Disclosure Statement. MLS has a field to mark a listing “as is”?
I imagine people might be afraid of rising mortgage rates, frustrated by lack of inventory, confused about contingencies, and discouraged by days on market. We don’t talk about a market downturn or bubble; we refer to the shift in the market and what we’re seeing as a result of the shift. This can be scary for buyers!
Skip repairs and close in as few as 10 days. Average days on market for Texas. 37 days in Q1 of 2022 according to Texas Realtors®. Stage the home: Even if a home is outdated, Martin says staging can bring it into its best light. Request Cash Offer. Fast facts about selling a house ‘as is’ in Texas.
Stage the key rooms in your home. Hiring a top real estate agent, pricing your home correctly, and effectively marketing your listing are all steps to consider if you want to sell your house fast. What would your marketing plan for my home look like? Does your service fee include staging? Go neutral, neutral, neutral.
Once you have access, you can download the data into spreadsheets and calculate important housing market metrics such as median sales price, average price per square foot, total inventory, total sales, and median days on market. How to stage your home properly. Current news affecting housing markets.
In order to reach an acceptable agreement with the most favorable terms, make sure your buyers are aware of the market and the most important factors when constructing an offer. Number of days on market. Factors to consider include: Comparable properties. Closing dates. Requests to sellers to pay closing costs. Repairs (if any).
Research days on market The average days on market is another important factor to consider. Days on market refers to how long a house in your area typically sits on the market before it’s sold. What was I thinking?” It’s important to know this statistic for both your current area and your target area.
We partner with 28,000 agents in our nationwide network to find the highest rated agents that know your market. average days on market ( DOM ) to show how fast they’ve sold homes like yours. Finally, the independent finance site Moneyunder30 rated HomeLight 9/10. The finance site caters its advice to young adults.
Clients maximize the value of their quick home sale with a competitive top market offer and no additional fees, commission or upfront costs. Median days on market for Ohio. Lynn goes the extra mile for all of her clients by doing light staging to properties that need it. Request Offer. Average sales price in Ohio.
Lower than average days on market. Once you’ve selected a few agents online, scope out their website, social media, reviews, property listings, and more to see how they professionally market themselves. Some agents include the cost of services like moving and staging in their fee. High sale-to-list price ratio.
The primary indicator is obvious: The house just sits on the market while everything around it is flying off the shelves. You must evaluate if a price reduction is necessary by looking at the absorption rate and the average days on market (DOM) for that location. But it’s critical to dig deeper.
Even if you have the luxury of a few months to report to the new station, the timeline doesn’t leave much wiggle room in the typical 70 days it takes to sell a house from list to close. Complicating matters is that your spouse didn’t return from a deployment in time to help with packing, clean up, or crunching the finances.
The interesting part about that last seller, and the conversation that ensued, was that we were going to move heaven and earth to get the property ready for staging on August 21st, so we could list on the 25th, review offers on the 31st, all so we could avoid listing after Labour Day. Avoid listing after Labour Day ?
Average days on market for Maryland. Umanzor says that homes sold “as is” in the area typically sell for less than regular listings and have a reduced buyer pool, which is why he always provides an offer to help finance home improvement projects for his sellers prior to listing a house. Median sales price in Maryland.
Days on market: how many days the home stayed on the market. Key marketing strategies top agents recommend to sell homes faster and at higher price points include: Taking professional photos. Staging a home for a quick sale. How do you plan to market my home? Connect with a Top Agent.
Fast facts about selling a house ‘as is’ in Colorado Median sales price in Colorado $545,000 Average days on market (DOM) for Colorado 50 Disclosures Colorado law requires sellers to disclose material facts about the property through the Colorado Seller’s Property Disclosure Form. MLS has a field to mark a listing “as is”?
Staging and taking photos. When you sell to an iBuyer, you skip staging and showings and will likely close faster due to the lack of lender involvement. Consider starting with HomeLight’s Simple Sale platform — we provide cash offers for homes in almost any condition and allow sellers to close in as little as 10 days.
Days on market: The speed at which houses are selling can be telling. If houses are sitting on the market for a while, you may get a better deal … but is there a reason why buyers are shying away from a particular area? Line up your financing. There’s a difference between the two stages.
Fast facts about selling a house ‘as is’ in Minnesota Median sales price in Minnesota $334,900 Average days on market (DOM) for Minnesota 32 days Disclosures Minnesota law requires sellers to disclose material facts about the property through the Minnesota Seller’s Property Disclosure Statement.
Fast facts about selling a house ‘as is’ in Oklahoma Median sales price in Oklahoma $235,000 Average days on market (DOM) for Oklahoma 44 days Disclosures Oklahoma law requires sellers to disclose material facts about the property through the Residential Property Condition Disclosure Statement.
Average days on market for Massachusetts. Staging each room to showcase its potential. Staging the backyard with lawn furniture, a grill, etc. These are standards related to the overall condition of a property which will play a role in the willingness and/or ability of a lender to finance a buyer’s loan.
That doesn’t mean that you won’t get an acceptable offer, but “the cash buyer just has a little bit more leverage than someone who’s financing.” HomeLight Simple Sale closing, for example, can take as little as 10 days. You won’t have to complete repairs, stage the home, or prepare for open houses or showings.
Skip repairs and close in as few as 10 days. Even qualified buyers can run into problems with financing. But if you do end up working with a financed buyer, be aware that different mortgage types (such as conventional loans or government-backed FHA, USDA, or VA loans) have different minimum property standards.
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