What to do when your buyer wants to make a lowball property offer

Let’s talk about lowball offers. What constitutes a “lowball” offer, when is it appropriate or not appropriate and how can you encourage your buyer clients to stop insisting on offering a price that’s unlikely to result in an offer? By definition, a lowball offer is an offer that is significantly be
Read MoreBright MLS teams up with Collabra Technology

Agents subscribed to Bright MLS now have access to a built-in advertising tool through a new partnership with Collabra Technology, according to an announcement on Tuesday. Through the Bright MLS platform, subscribers will have access to Collabra’s AdBuilder, which lets agents plan and schedule paid
Read MoreDemand for mortgages picks up: MBA

Mortgage demand continued to increase last week, as seen in an uptick in purchase activity. Mortgage applications rose by 3.7% in the week ending Jan. 19 compared to one week earlier on a seasonally adjusted basis, per the Mortgage Bankers Association‘s (MBA) weekly mortgage applications survey. “Co
Read MoreDataDigest: Fannie Mae’s market view gets rosier, but traders get more skeptical

Last month, DataDigest explored market experts’ expectations for 2024, with the consensus calling for a moderately better housing market than 2023. But a meeting of the Federal Open Market Committee the following week set off a market frenzy over expectations of interest rate cuts, moving mortgage r
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