Spring housing will be a huge bust right (Raleigh: for rent, new house)
Raleigh, Durham, Chapel Hill, CaryThe Triangle Area
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You didn't include a spiff for the buyers agent in the listing?
With the market crazy like it is right now, wouldn't that be a good negotiation item, for the buyer to say they will cover their own realtors fee, or for a seller to say they won't pay it, since it will sell regardless?
With the market crazy like it is right now, wouldn't that be a good negotiation item, for the buyer to say they will cover their own realtors fee, or for a seller to say they won't pay it, since it will sell regardless?
Sellers should focus specifically on their Net Proceeds from sale.
People get hung up on line items and miss the bottom line.
So, sure, if a buyer says they will single out a line item and cover it, it can appeal to some sellers who lose sight of their Net Proceeds as the primary consideration.
I asked because the poster should clarify the true costs, and not just one line item.
There is a current ethically-deficient practice of some firms advertising a very small "listing fee," without mentioning, or greatly downplaying, that the MLS requires a clear compensation offering to any agent bringing a successful buyer.
Man in this market more than ever I would want an agent to help sell my home if only to assist me sift through the dozens of offers to make sense of the madness and pick the right / best one with all the different factors at play.
Man in this market more than ever I would want an agent to help sell my home if only to assist me sift through the dozens of offers to make sense of the madness and pick the right / best one with all the different factors at play.
Srsly imagine dealing with all those people looking at your home? No thanks.
I think we have another year or two of this current craziness. I feel like at some point prices will stabilize. I think there are a lot of people coming here with fat wallets. I see more and more homes in the $800-900k range go for WAY over asking. Yes, I realize agents price low, yadda yadda yadda. I saw something go for $200k over this past week, I think it was in Apex, maybe a listing for $900k that went for 1.1 million? Still, that is showing there were numerous interested parties and at that higher price point.
In 2017 we would have been snickering about new builds for $1 million in Apex and Holly Springs, but they are becoming more commonplace.
One chart I saw says the region has 60% less homes than pre-pandemic and the worst deficit in the nation. A couple of weeks ago I was perusing Zillow owned homes for sale. At that that time they had approximately 50 homes for sale. Today there is literally one home for sale. I do wonder the percentage of investor vs home buyers….
One chart I saw says the region has 60% less homes than pre-pandemic and the worst deficit in the nation. A couple of weeks ago I was perusing Zillow owned homes for sale. At that that time they had approximately 50 homes for sale. Today there is literally one home for sale. I do wonder the percentage of investor vs home buyers….
Zillow lost over half a billion dollars flipping houses, and quit buying.
That explains their drop in holdings.
Wow reading this conversation is confusing me more than before. I sounds like I should check with multiple agents to see who can offer me the best route. If homes are still selling more than asking price that would be a plus. I need to get off my Kirster as the car guy says I think sooner than later. Thanks all for chiming in with the info. Very informative.
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