Buyers need new support to stay on top of tight offers | RE Insider
Although there is still an inventory shortage, cash buyers can use this time to enjoy a wider selection of homes than buyers who are taking out a loan.
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Although there is still an inventory shortage, cash buyers can use this time to enjoy a wider selection of homes than buyers who are taking out a loan.
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It's no secret there aren't many homes out there on the market. The secret is the Realtor may have one in his pocket, so to speak. Specifically, it's called a pocket listing. And that's similar to an off-market sale.
“There is still a huge demand, without question,” said Bonnie Heatzig, executive director of luxury sales at Douglas Elliman in South Florida.
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Real estate agent and licensed attorney Bonnie Heatzig of South Florida experienced this real estate horror story firsthand during a final walk-through in a $2 million waterfront home.
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Increase the curb appeal: “Plant fresh flowers in your garden,” suggested Bonnie Heatzig, executive director of luxury sales at Douglas Elliman, a real estate company in South Florida.
Although there is still an inventory shortage, cash buyers can use this time to enjoy a wider selection of homes than buyers who are taking out a loan.
Read more...
“There is still a huge demand, without question,” said Bonnie Heatzig, executive director of luxury sales at Douglas Elliman in South Florida.
Read more...
Cash offers allow buyers to sidestep a lender’s appraisal, advises luxury real estate authority Bonnie Heatzig, making them far more attractive to sellers — especially in markets where houses regularly sell for above estimated market value....
Those challenges included the inability for Heatzig’s mother to communicate with family. Strict visitation policies in the hospitals forced families to say goodbye to their loved ones from a distance.
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“It’s very unfortunate,” Heatzig said. “She would have been the first one in line to get the vaccination, but that was not an option at the time, and she contracted COVID-19. She did have Parkinson's so she was vulnerable. There were ma...