Broke Agent Media

MARCH 28, 2023

Is your market heating up or slowing down this spring? The dichotomy of the current market has some areas seeing multiple offers flood in while others are experiencing a slower pace and a rise in seller concessions. So, which markets are cooling off the quickest? Strong workforce.

Seller concession 98

Seller concession Marketing Sales Industrial 98

HomeLight

DECEMBER 2, 2021

Keep in mind that fees may vary widely based on your location, market conditions, and whether your home requires repairs before selling. We detail what costs you’re likely to incur and what sellers pay on average. Sample seller expenses for a $453,300 house. Cost to seller. Seller concessions. < 1%.

Seller concession 122

Seller concession Staging Inspection Renovation 122

The Close

FEBRUARY 20, 2024

Competition is lower for a home, and the number of days on market increases for listings. A buyer’s market can be determined by calculating the months of inventory. Anything more than six months is traditionally considered a buyer’s market. In this scenario, sellers have the upper hand in negotiations.

Marketing 98

Marketing Debt-to-income ratio MLS Pre-approval 98

Redfin

DECEMBER 27, 2023

Other contributors to the quieter rental market: Strong new construction in the apartment industry, and fewer new households forming (two or more people living together). Median days on market soared beyond one month as the market cooled In 2023, homes spent an average of 37 days on the market , a full ten days more than 2022.

Marketing 66

Marketing Mortgages Investor New Construction 66

HomeLight

SEPTEMBER 30, 2022

Marketing your home is time-consuming. Not having agent representation could also lead to paying more in seller concessions. In Wisconsin’s shifting market, “Condition is really going to drive days on market ,” Labus says. This is standard industry practice among agents.

Purchase and sale agreement 104

Purchase and sale agreement MLS Agents Inspection 104

HomeLight

OCTOBER 14, 2022

With an average of 59 days on market, she sells properties 51% faster than the average agent. Forrester says Pennsylvania FSBO sellers she encounters typically choose that route “because they want to save money and they think that by not paying commission they’re going to come out ahead.”. Marketing your home is time-consuming.

Purchase and sale agreement 110

Purchase and sale agreement MLS Seller disclosure Agents 110

Real Trends

JANUARY 2, 2023

Real estate is a roller coaster for most agents: tough market conditions, personnel issues and fierce competition can leave any agent or other entrepreneur feeling defeated. An increasing number of agents are exiting the industry because of these roller coaster conditions.

Seller concession 105

Seller concession Agents Mortgages Marketing 105