Boca Market Watch: Sellers are increasingly requesting offers | Joe Hillner | 954-799-6867

Boca Market Watch: Sellers are increasingly requesting offers | Joe Hillner | 954-799-6867

Here's what's making news right now. Opendoor says that sellers are increasingly requesting offers from the iBuyer AFTER listings hit the market. That's a significant change because previously, sellers would request an offer before they even listed the home. And since iBuyers were paying market value or above, in many cases, the seller just accepted the deal.

A holding pattern between homebuyers wary of falling prices and sellers holding onto sweet memories of rapidly rising home prices from a year ago, are causing transactions to stall. Days on market are rapidly shooting up, and sellers are panicked if they haven't gotten offers right away. In that event, many are turning to Opendoor and are requesting that the iBuyer make them an offer.

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7700 Congress Ave Ste 3114 Boca Raton, FL 33487
Joe Hillner
The Hillner Homeselling Team
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To discuss the sale of your home call us now at 954-799-6867

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