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Hidden Inventory

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Real Estate Agent with Coldwell Banker Realty MD RE License 579412

Hidden Inventory

In some parts of our country, the real estate market is still going strong and not showing any signs of cooling off.  Maryland is one of those areas.

I have a listing that is Active/Under Contract, the other day I received a phone call from another agent asking about that listing and what the story was with the status. The buyer for my client’s home has a home to sell, and it is on the market but it hasn’t yet gotten an offer.  It occurred to me that we haven’t done this in a while, since before COVID in fact. Our MLS used to list the contingency or the reason the sale was in Active/Under Contract status but it no longer does so agents have to pick up the phone and dial the listing agent and ask the agent. 

The real estate market is shifting, we are seeing home sale contingencies again, we haven’t seen those since before COVID. 

Where else might you find hidden inventory? 

  • Auctions
  • Zillow - For Sale By Owner
  • Militarybyowner.com
  • ForSaleByOwner.com
  • Facebook Marketplace
  • Craigslist
  • Wholesalers

The market is changing and we are starting to see home sales and other contingencies so don’t wait and pick up the phone and call the listing agent to find out what the contingency is and whether there is an opportunity for your buyer, there.

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Creating generational wealth, one home at a time. If you are thinking of buying a home,  did you know I can help you find a home for as little as $1000 of your own money?  Thinking about selling a home in  Maryland give me a call at 410-292-0100 or start your search here and I'll talk about the market conditions and what your home could be worth in today's marketplace if you are thinking of selling.  If you are considering buying a home, there is no better time than now to buy. The tax savings and wealth building alone are worth the plunge into today's market. Coldwell Banker and I are connected with some of the world's brightest and best real estate agents and can assist with your move here to Maryland or anywhere in the United States or abroad.  Ask me how.

During these trying times, Coldwell Banker and I are equipped with the latest technology to sell your home using Virtual Open Houses, Virtual showings, electronic signing, virtual inspection, and even online closings.   You can contact me through Snapchat, Duo, Skype, Google Chat, WhatsApp, text messaging, or simply by phone.  We take your and your family's health and safety very seriously.  

June Piper-Brandon ~ Associate Broker ~ MRP, SRES, ABR, AHWD, CDPE, ePro

Coldwell Banker

410-292-0100 - Direct   410-461-7600 Office

June Piper Brandon - Agent with Century 21 New Millennium

June Piper Brandon - Agent with Century 21 New Millennium

Comments(6)

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Sham Reddy CRS
Howard Hanna RE Services, Dayton, OH - Dayton, OH
CRS

Great tips June to find hidden inventory!!!

  • Auctions
  • Zillow - For Sale By Owner
  • Militarybyowner.com
  • ForSaleByOwner.com
  • Facebook Marketplace
  • Craigslist
  • Wholesalers
Jul 20, 2024 09:26 AM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hello June - picking up the phone, networking and digging deeper in multiple ways into what is happening in any real estate market is good business in my opinion.  The rewards can be plentiful for all who participate.  

Jul 21, 2024 05:07 AM
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Prop. Mgr, Wenatchee, WA

Hi June,
You're right; there are multiple avenues to find willing sellers.  Put on the thinking cap.

Jul 21, 2024 09:43 AM
Wayne Martin
Wayne M Martin - Oswego, IL
Real Estate Broker - Retired

Good morning June. Must say contracts with contingencies have been gone for a while, especially the buyer having to sell their present home. Times change. Way back, buyers did not even apply for a mortgage until they had a firm contract. What's next? Time will tell. Enjoy your day.

Jul 27, 2024 05:30 AM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Good morning June,

Not sure how I missed your post but glad to see Carol Williams featured it in her Saturday series. I agree the market is shifting and we are starting to see home sales with contingences so by not picking up the phone and calling the listing agent you could miss out on an opportunity!  

Jul 27, 2024 05:56 AM
Michael J. Perry
Fathom Realty - Lancaster, PA
Lancaster, PA Relo Specialist

There is also resales/usda.gov to see repo,s that are available.  ……………………………..

Jul 27, 2024 06:57 PM