Inspections are a crucial step in buying a home. Even though some buyers have waived home inspections to compete in intense bidding wars, it’s always a risky decision.1
While the vast majority of homes under contract do reach the closing table, no one likes to see transactions fall apart. Home inspections can play a significant role in moving properties back on the market.
Use the tools and resources that are provided with your membership. They are incredibly helpful and insightful!
It’s clear that 2023 was challenging for homebuyers and agents alike, but 2024 market forecasts signal increased buyer activity.
In the recent “NAR Real Estate Forecast Summit,” NAR Chief Economist Lawrence Yun reported that the number of existing-home sales declined an estimated 18% in 2023 after another near 18% drop in home sales in 2022. That puts 2023 on track as the worst year for home sales since 2008 and 1995. Read Full Issue.
In last month’s issue of Today’s Buyer’s Rep, we discussed the importance of clearly and frequently articulating your value as a buyer’s representative. Since recent court cases have brought agent compensation and representation into the limelight, it’s critical that you’re prepared to clearly answer consumers’ questions related to the benefits you provide and how you charge for your services.
