The Boston Globe published this about the pressure buyers have been facing when making an offer on real estate in eastern Massachusetts. That was in 2021. It is looking like the pressure will be lifting in 2024 into 2025. The market: When the housing shortage and high demand gave sellers more offers to choose from,
We’re in the discouraging time of the real estate year, as buyer’s agents. April and May are the peak months for competition among buyers for properties for sale. In other words, bidding war season. There are bidding wars all year, but more so in the spring. As properties are coming onto the market (which began
In August 2021, WBUR published this story about home-buying. The story encouraged buyers to do five things (in bold). A summary of my critiques is in italics after the “advice”: Prepare To Waive Contingencies. No, no. no, no, never. Check The Basement! Seller says you have 15 minutes, good luck! Since you are waiving home
Here we are in the middle of a pandemic and in the hot a humid part of the summer. What does WBUR do? It publishes a “scare the buyers into giving up their rights” article. It is seller propaganda. It is not helpful to buyers. The advice “for buyers” mostly serves the seller’s needs. What’s
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