Real Estate Situations That Are Becoming More Common These Days

Real Estate Situations That Are Becoming More Common These Days

The world of real estate changes quickly and these days, situations that were rare in the past are starting to become more commonplace. Whether you are looking to buy or sell a home, it helps to understand what kinds of things are common in the current market. By gaining more insight into common real estate occurrences, you can make sure that you are prepared, whether you are buying or selling.

Real Estate Situations That Are Becoming More Common These Days: Waving Inspections

Inspections are an important part of the home buying process, but recently, buyers have been much more likely to waive their inspection. The reasoning for this is because with such a competitive market, buyers really need to make their offer stand out. Deciding against an inspection is risky, but it can shorten the timetable for a purchase and decrease the negotiations that need to occur. This can be very appealing to sellers, especially when they are looking to sell their property quickly.

Cash Offers

One thing you should keep in mind when you are looking at the current housing market is that cash offers are becoming far more common. Cash offers give you direct contact with the buyer. These kinds of situations tend to move along more quickly than the traditional sale of a home with a mortgage. Cash offers give a competitive edge to buyers and make things move very quickly.

Real Estate Situations That Are Becoming More Common These Days: Escalation Clauses

Since the housing market is incredibly competitive for buyers right now, it is not uncommon for a home to have multiple offers even within a day or two of putting their home on the market. This has made it essential for buyers to try to make their offers more competitive. Part of this has resulted in offering well over asking price, but that isn’t the only impact to be seen. In fact, escalation clauses have become much more common over the past few years. These clauses give buyers the ability to slowly raise their price as other offers come in. This is a good method for buyers to give themselves a competitive edge without offering too much too quickly.

The housing market is always changing, and no one knows what might be the most common situations in the future. But for now, the three things above tend to be common elements in real estate transactions. Understanding those situations will help you to make smarter choices on the real estate you buy and sell.

Check out this article on how to bring more attention to your home on the market!

 Steelbridge Realty LLC  is a Licensed Real Estate Brokerage that utilizes cutting-edge marketing techniques and data-driven Real Estate solutions in today’s ever-changing environment. Our group of professionals have decades of experience and have navigated through many business cycles. Our diverse background gives us the tools to guide people towards successful decisions.

 



 

$1,795,000
Land For Sale
Active
0.4175
ACRES
LEE
COUNTY
3508 Stuart Ct
Fort Myers, FL 33901
York Manor Subdivision
$5,800,000
Land For Sale
Active
1.3945
ACRES
LEE
COUNTY
1215 & 1233 Braman Ave
Fort Myers, FL 33901
Fort Myers Subdivision
$15,950,000
Single Family Home For Sale
Active
4
BEDS
9
TOTAL BATHS
10,033
SQFT
1240 Coconut Dr
Fort Myers, FL 33901
Palm Gardens Subdivision
New Listing - 3 weeks online
$890,000
Single Family Home For Sale
Active
3
BEDS
3
TOTAL BATHS
3,467
SQFT
1249 Osceola Dr
Fort Myers, FL 33901
Riverside Subdivision
$1,545,000
Single Family Home For Sale
Pending With Contingencies
4
BEDS
5
TOTAL BATHS
3,848
SQFT
1266 Gasparilla Dr
Fort Myers, FL 33901
York Manor Subdivision
$1,422,000
Single Family Home For Sale
Pending
3
BEDS
3
TOTAL BATHS
3,445
SQFT
2943 Valencia Way
Fort Myers, FL 33901
Valencia Terrace Subdivision
New Listing - 2 weeks online
$2,290,000
Single Family Home For Sale
Active
3,230
SQFT
3752 Harold Ave
Fort Myers, FL 33901
Fort Myers Subdivision
Price Change - 5 days ago
$599,000
Single Family Home For Sale
Active
3
BEDS
3
TOTAL BATHS
2,503
SQFT
1362 Braman Avenue
Fort Myers, FL 33901
Becklers Riverside Add Subdivision
$1,875,000
Single Family Home For Sale
Active
4
BEDS
4
TOTAL BATHS
4,684
SQFT
3232 Mcgregor Blvd
Fort Myers, FL 33901
Riverside Subdivision
$6,000,000
Single Family Home For Sale
Pending
5
BEDS
5
TOTAL BATHS
7,719
SQFT
2844 Valencia Way
Fort Myers, FL 33901
Lynns Add Subdivision
$479,000
Single Family Home For Sale
Pending With Contingencies
3
BEDS
4
TOTAL BATHS
1,784
SQFT
1414 Alhambra Dr
Fort Myers, FL 33901
Fort Myers Subdivision
$5,499,900
Single Family Home For Sale
Pending With Contingencies
5
BEDS
6
TOTAL BATHS
5,093
SQFT
3914 W Riverside Dr
Fort Myers, FL 33901
Fort Myers Subdivision
New Listing - 2 weeks online
$569,000
Single Family Home For Sale
Active
3
BEDS
2
TOTAL BATHS
1,903
SQFT
1353 Sunbury Dr
Fort Myers, FL 33901
La Chelle Manor Subdivision
New Listing - 6 days online
$1,150,000
Single Family Home For Sale
Active
4
BEDS
4
TOTAL BATHS
3,147
SQFT
1326 Cordova Ave
Fort Myers, FL 33901
Poinciana Park Subdivision
$519,000
Single Family Home For Sale
Pending With Contingencies
3
BEDS
2
TOTAL BATHS
1,802
SQFT
1520 Ricardo Ave
Fort Myers, FL 33901
Fort Myers Subdivision
New Listing - 3 weeks online
$199,900
Land For Sale
Active
0.19
ACRES
LEE
COUNTY
1461 Barcelona Ave
Fort Myers, FL 33901
Fort Myers Subdivision
Price Change - yesterday
$2,795,000
Land For Sale
Active
1.1381
ACRES
LEE
COUNTY
1301 Poinciana Ave
Fort Myers, FL 33901
Poinciana Park Subdivision
New Listing - 3 weeks online
$599,900
Single Family Home For Sale
Active
6
BEDS
3
TOTAL BATHS
2,925
SQFT
1473 Barcelona Ave
Fort Myers, FL 33901
Valencia Terrace Subdivision
$3,990,000
Single Family Home For Sale
Pending
4
BEDS
6
TOTAL BATHS
5,934
SQFT
1201 Carlene Ave
Fort Myers, FL 33901
Caloosa View Subdivision

 

Leave a Reply