Analysis

Current Market, Buyers vs Sellers

UPDATED BY J. CHARLES LENDING TREC CE PROVIDER 11343-CEP READ 1 MIN

In this episode

Buyers are able to get aggressive right now and sellers understand the current state of the market. We go Beyond the Rate to talk strategy going into an offer.

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Show notes

We discuss some strategies right now that buyers can employ to make aggressive offers and secure properties for 5-10% under list prices. There are 3 types of sellers, find the one that has to sell.

The part worth repeating

Just make an offer. You never know what the seller will take, and an offer starts the negotiation process.

Common questions

How do we identify a good property to target?

Find a house you like first. We want you to like the home first, but if it’s been sitting for a while or there’s been a recent price reduction then make an offer. The worst that can happen is they say no.

This is the first hour of our TREC continuing education course.

Mortgage Markets Class (TREC course 39644-RECE) is 2 hours of approved elective credit for licensed Texas agents, taught live at your office. Same material, in depth, with your team's questions answered in the room.

See the course