In a seller's market, it can be tough to get your buyers offer accepted. Sellers have all the power and they know it. But agents are succeeding in this market and getting their offers accepted and you can too. Hey, it's Andy Mandel with Real Estate Agent Masterclass and in this video we'll teach you five tips that will help get your buyers offer accepted in a seller's market. It doesn't always mean you have to be the highest price by $50,000.

The first tip is to get your clients to be realistic. In a seller's market, they're not going to get the home for a steal and it's important that their expectations are in line with the current reality. It's important to have a consultation with buyers about average sales price to list price, the number of…

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Some Highlights

  • Today’s housing market is the direct result of low supply and high buyer demand. Here’s what that means for you and your plans to buy or sell.
  • For buyers, expect competition, be ready to move fast, and be prepared to submit your strongest offer. For sellers, know your house will be the center of attention and that it’ll likely sell quickly and get multiple offers.
  • If you’re ready to move, let’s connect to talk about our local area and how you can take advantage of today’s unprecedented housing market.

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If you’re thinking about buying or selling a home, you’ll want to keep a pulse on what’s happening with mortgage rates. Rates have been climbing in recent months, especially since January of this year. And just a few weeks ago, the 30-year fixed mortgage rate from Freddie Mac approached 4% for the first time since May of 2019. But that climb has dropped slightly over the past few weeks (see graph below):

The recent decline in mortgage rates is primarily due to growing uncertainty around geopolitical tensions surrounding Russia and Ukraine. But experts say it’s to be expected.

Here’s a look at how industry leaders are explaining the impact global uncertainty has on mortgage rates:

Odeta Kushi, Deputy Chief Economist at First…

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Hey, it's Andy with the Mandel team at Remax, and I'm here to bring you your March, 2022 housing market update.

As always, for the purposes of this video, we're gonna be giving you the leading indicators, showing you where the real estate market is headed, not where it's been. So we're not gonna talk about lagging indicators like closed sales price, 'cause if something closed last month, it really went under contract 30, 60, maybe even 90 days ago. So that's really what the real estate market was doing a few months ago. I'm gonna show you what's going on right now so you know where the real estate market is headed in the future so you can make an informed decision for your family. Now in this video, we're gonna be talking about single-family…

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