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Deciding to sell your home is a big step, and setting the right price is crucial. But what happens when your home isn’t getting the attention you hoped for? In these cases, it might be time to consider a real estate price reduction....
Why this article matters: Bigger broker offices are yet to initiate any effort to comply with the paradigm shift mandated by California’s 2024 contract-law anti-price fixing legislation for brokers expecting a fee for representing a buyer. Th...
Key Takeaways
Realtors use a Comparative Market Analysis (CMA) to price homes, comparing them to recently sold, active, and expired listings.
Market conditions, such as whether it’s a buyer’s or seller’s market and interest rates, ...
Key takeaways:
List price is the initial asking price.
Sell price is the final, agreed-upon price.
The difference between the two reflects market status and negotiation outcomes.
In the world of real estate, you’ll often hear terms li...
Why this article matters: When forming a broker price opinion (BPO), a broker looks beyond the property itself to the various market factors which influence its value. These include the local zoning and natural hazards which impact the property...
How does the Dane County single family home market vary by price? Here's a little insight using our inventory snapshot from August 6th.
Percent of listings under contract
According to our August 6th snapshot, the under $400,000 price categor...