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How Fast Are Homes Selling in Cedar Rapids?
Let's put it this way....it doesn't matter whether the home is listed at $90,000 or $400,000, if your home is clean, updated and priced right, it is gone within a week or less. Sometimes selling in the first hours on the market to the first buyer that scheduled a showing with their agent.
I listed a home a couple of months ago in the $235,000 range. It received 7 showings in the first 24 hours and over 30 people came through the open house. We received 6 offers, all over the asking price. So how did the seller choose? Ultimately, it was not about the price. It was about the down payment. The buyer they chose had 20% and everyone else was at 5% or less. There were even two agents that wrote in escalation clauses to try to help their buyers get the house. Another home that I listed in the last week, came on the market at 9:00 am. There were two showings, one at 11:30 and one at 1:00. Both agents sent me an offer for over the asking price. The market moves fast!
So in this crazy Spring market there are 4 things that you need to do in ... more
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