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Portrait of a pre-foreclosure peacemaker

Housing Wire

Sometimes the seller wants one month rent back. Fostering homeownership Sandoval and her investor partners typically perform heavy renovation on the distressed properties they purchase before reselling them back into the retail market, mostly to owner-occupant buyers. I give them everything. Here are your options.

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6 Strategies for Representing Buyers in Today’s Market

RIS Media

Agents can help buyers write the very best initial offer by contacting the listing agent to find out their preferred terms for closing dates and occupancy, rent backs if necessary, financing or cash options, so that they can put the best terms in their initial offer. Be relentless and resourceful.

Marketing 105
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Listing agents: Don’t ghost your sellers

Real Trends

If you have clients that are thinking about offering, keep in mind that the offers we have already received are well above list price, have waived inspection and appraisal, and are willing to honor the Seller’s request of a free 60-day rent-back.” So not cool.

Agents 104
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What Is a Home Sale Contingency?

HomeLight

The house stays on the market and it’s marked in the MLS as an active first right. At that point, the buyer can either drop the home sale contingency and purchase the house outright, or they can back out of the deal. Offer to accept a rent-back agreement. In Allen’s market, this term is more common.

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Buying a House Online? How to Get it Done in 15 Steps

HomeLight

They’ll know whether offering a rent-back period could sweeten the deal, or if it’s more common to pay seller closing costs. Your agent can set you up with MLS access, filtered for your criteria. They worry that the buyer could back out of the sale at the walkthrough if they see something they don’t like.

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Why Hire a Real Estate Agent? 11 Reasons Why Buyers Should Work With A Pro

HomeLight

Particularly in a seller’s market where homes are moving faster than MLS syndication to third-party websites can keep up with, you’ll want to be among the first to know when a new property is about to become available. What if you could sweeten the deal for a seller by offering them a rent-back clause ?

Agents 115
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Tempted by Those ‘We Buy Houses’ Ads? Weigh the Pros and Cons

HomeLight

Unlike a normal buyer, they won’t negotiate closing dates, offer a rent back period, or make other concessions. They’re not scouring the multiple listing service (MLS) and buying on the traditional market because they wouldn’t make money when they turned around and sold those homes. Cash buyers may have hidden fees.