About seven% of new residence profits were available for sale by proprietor (FSBO), this means the sellers did not enlist the solutions of the real estate professional in the process, based on the Nationwide Affiliation of Realtors®’ 2023 Profile of Residence Prospective buyers and Sellers.
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According to the most recent facts from Ice Property finance loan Technologies, traditional financial loans are having a mean of 45 days to close, which isn’t generally a possible timeline for a seller in the hurry.
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