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Multiple offers on your home can seem like a dream come true, but they can also be a source of stress. ... “The property must make value at the contracted price in order for the sale to go ...
She doesn’t see the prices of the housing coming down any either because she is receiving multiple offers on houses she has listed including a three-family in Fall River with offers $10,000 ...
In: Multiple Offers “Because there’s so little inventory, there will still be multiple offers on properties, but buyers will be hesitant to pay much more than asking price,” said McElroy.
Submission of offers by interested buyers. Multiple offers may result in bidding, with best offer (not necessarily the highest bid) being awarded the sale. A single offer may often be below the initial asking price, resulting in negotiation between the buyer and seller over the final price, or possibly the rejection of the offer by the seller.
To be enforceable, the offers and acceptances must be in writing (Statute of Frauds, Common Law)and signed by the parties agreeing to the contract. Often, the party making the offer prepares a written real estate contract, signs it, and transmits it to the other party who would accept the offer by signing the contract.
Flat-fee multiple listing service or flat-fee MLS refers to the practice in the real estate industry of a seller entering into an "à la carte service agreement" with a real estate broker who accepts a flat fee rather than a percentage of the sale price for the listing side of the transaction.
You’re looking at lower utilities, property taxes, insurance — everything costs less. Plus, as Van Soest pointed out, “With cash in hand from the sale, retirees can more easily make ...
A multiple listing service (MLS, also multiple listing system or multiple listings service) is an organization with a suite of services that real estate brokers use to establish contractual offers of cooperation and compensation (among brokers) and accumulate and disseminate information to enable appraisals.
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