Sellers have the advantage in this market. My office and I work hard to do everything to keep our clients informed. We use every tactic we can find to give our client the best advantage over other buyers in a bidding war. In order not to grossly overpay or buy without rights, our clients will
How well do exclusive buyer’s agents do, in the face of a tough seller’s market? Here are results for the hardest seller’s market we have faced, ever! Our report card for the first three quarters of 2015: No clients waived their home inspections in order to buy a house. No clients waived mortgage contingency unless
When the spring market came, it came! The snows in February slowed the beginning, then, wow. Because demand remains high, we are seeing more competitive bid situations (bidding wars) than we did in 2014. We are pleased for our clients who have bought so far this year. Our report card, first half of 2015: All
Recently, one of my agents presented an Offer through an auction that was a hybrid of bidding war and true auction. The story: The Listing Agent conducted the auction well. It took about 10 phone calls between us over a 45-minute period, and it was done. Then she checked with her seller. Then the
We are pleased for our clients who have bought in 2014. They bought a house or condo in eastern Massachusetts without bidding wildly over asking price or throwing away their rights. Many had to make multiple offers before getting one accepted. But, in the end, they got the best property they could at the best
At most social occasions, I have been getting a lot of sympathy these days. “Are you OK?” they ask, expecting tales of bankruptcy and nervous breakdown. “I hear there are ten offers on every property and everything sells for $50,000 above asking price.” The stories are true, but they are not true. Some properties are
In the most competitive Seller’s market since the late 1980s, how did we do? We are pleased for our clients who have bought in 2014. They did buy a house or condo in eastern Massachusetts without bidding wildly over asking price or throwing away their rights. Summary: No clients waived their home inspections in order