107 Tackling Home Issues In This Hot Market
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Manage episode 204918175 series 2159471
TACKLING HOME ISSUES IN THIS HOT MARKET
Join hosts Michael Lena and Patrick Lynch (Mike & Pat) as they talk about the real estate market in the Tampa Bay area for the past month and the issues dealing with buyers and sellers in a hot market.
This episode started as a true market update, full of facts and data, but as episodes sometimes do, it organically transitioned into the pitfalls and opportunities that a hot market presents. Mike & Pat ran with it and we think you’re going to like it.
Here’s a few of the issues Mike & Pat will explore on this episode
- Multiple offer situations Low inventory, high buyer demand “Move-Up” sellers Home values, are they on the rise? 86% of homes are under 120 days on market & what this means to sellers and agents What it REALLY means if a house is on the market for over 120 days How to work around condition issues from a buyer and seller perspective, there’s opportunities on both sides. Educating the seller about the effect of condition issues How to easily spot homes in the MLS that may have “challenges” Negotiating tips and tricks after a low appraisal, tips on both sides of the deal Presenting the strongest and best offer in a multiple offer situation How to evaluate multiple offers that are all real similar How a personal letter to the seller might get your buyer’s offer accepted How to get a FREE FHA appraisal
13 episodes