By Lee Davenport According to a recent REALTOR® Magazine article, “buyer and seller agents need to handle multiple-offer situations carefully to avoid accusations of negligence or preferential treatment that violates federal, state, or local fair housing laws or ordinances.” Un-fair housing doesn’t just hurt home buyers and sellers, it hurts all of us. If you as a real estate professional …
Is the Real Estate Market Finally Balancing Out?
By Hazel Emlen
The housing market was off to quite a competitive start at the beginning of 2021. For many buyers, the competition made purchasing a home quite challenging. Some buyers have given up on purchasing a home altogether. From the stress of competing with cash buyers and buyers who waive most or even all contingencies, many first-time home buyers …
Video: Helping Home Sellers Select the Best Offer
By Lee Davenport With inventory shortages affecting most U.S. markets, the National Association of REALTORS® found that there are five offers per listing on average. Wow! That’s nice for home sellers and those of us who are Listing Leaders©. But that also means, now more than ever, we have to educate our clients on how to select an offer without …
Guiding Clients Through Multiple Offers (And Every Real Estate Deal)
By Samantha Jones When I began this blog series in the fall, multiple offer situations were rampant. They were the norm at most price points. Yet, such as the real estate market goes, its a constant ebb and flow. As 2019 rapidly approaches, multiples are becoming less and less common. If I had a dollar, or maybe $20, for every …
5 Tips to Help Sellers Navigate Multiple Offers
By Samantha Jones Autumn is all about embracing change, such as the falling temperatures, pumpkin-spice everything, and shifting markets. While inventory levels fluctuate around the country, it’s still common to receive multiple offers on listings in many areas. Serving as a trusted resource with proper advice for your sellers is just as important heading towards the holidays than ever. On …
How to Win a Multiple-Offer Situation for Your Buyers
By Samantha Jones Multiple offers are the elephant in the room in today’s market. Let’s be honest, it’s a dog eat dog world out there. The majority of real estate markets are moving at supersonic speed. Forget Keeping Up with the Kardashians, we’re striving to keep up with the market. We want to give our buyers an edge over the …
How to Win Your Buyers’ Dream Home
By Drew Heasley If you’re a buyer’s agents in competitive markets like ours here in the suburbs of Philadelphia, then there are a lot of reasons you will need to be extra sharp to win your clients the home of their dreams. But your buyer’s dream home is probably identical to other buyers’ ideal home. The features that draw your …
Best Practices for Multiple Offer Situations
By Scott Newman Real estate is back in 2012 in a big way. Many markets are seeing price increases in response to dwindling inventories as more and more buyers are getting off the fence every day. With that in mind — especially since it’s been so long since we’ve had the opportunity to use the phrase “multiple offer” — I …
Does Your Listing Need a Cut-Off Date?
By Melissa Krchnak Who has an influx of buyers? We sure do! My market (the Inland Empire of Southern California) is crawling with them. Our middle market is sitting a bit, but our entry-level and high-end are moving quite quickly… with multiple offers over asking! That got me thinking: With lower inventory and a ton of activity, should I be …