Tag Archives: bidding wars

Home prices show signs of leveling off for first time in months

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After five consecutive months of record home prices, the market appears to be plateauing according to several key indicators. Continue reading →

3 strategies for beating institutional investors in a bidding war

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Beating out institutional investors in a bidding war is a lot like beating out other buyers, but with a bit of a twist. Continue reading →

Investor home purchases exceed pre-pandemic levels, hit record high

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Investors purchased 67,943 US homes during the second quarter, for a total value of $48.5B, the highest figure on record, according to Redfin. Continue reading →

Home office eclipses short commute as a buyer must-have, agents say

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Nearly 60 percent of agents surveyed by Homelight said they expect a home office to be a top priority for buyers in a post-vaccine landscape. Continue reading →

It’s a jungle out there: 4 tips for mentally preparing buyers

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From coaching buyers on how to best present an offer to instilling trust in the process, mentally preparing buyers on what to expect is one of the most crucial jobs an agent will have throughout a client’s journey. Continue reading →

Price cuts, while rare in this market, often lead to greater profit: Zillow

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The number of sellers who choose to cut their listing price has dropped by a third over the last year, but a Zillow report found that if the price is dropped at the right time, sellers can net $15,000 over ask. Continue reading →

Summer market will be hot, but not scorching, economists say at Inman Connect

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Daryl Fairweather of Redfin and Jeff Tucker of Zillow said the market would still continue to be strong through the end of 2021. Continue reading →

How to take advantage of the backup offer on both sides of the transaction

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Agents told Inman that they typically only see a small proportion of backup offers become primary offers, but the tactic can still prove beneficial for both seller and backup buyer. Continue reading →