Sellers Get to Dictate the Terms
In this market, the sellers have the upper hand because buyers are willing to do whatever it takes to get the home.
For example, if you need to find a replacement property to sell your current home, you can make the sale contingent upon securing a new one, or keep possession of the property after escrow closes. With either option, you never have to worry about being homeless. Current buyers have been open to giving the sellers free rent back for as long as needed, just to get their offer accepted.
Many buyers are also waiving contingencies with their offer. This could include the inspection, appraisal, and loan contingencies. If all contingencies are removed, that means that you get to keep the buyer’s full deposit if they decide to back out at any point. You may also save thousands of dollars by selling the property as-is (no repairs or credits).
These are all terms that can be turned in your favor. That’s why it’s crucial to choose the right agent. With nearly 20 years of experience, our team is constantly trained on how to negotiate aggressively on your behalf, so that you can get results like our clients did.