As citizens of the United States we have the Bill of Rights and the Constitution to protect us!What protects a buyer of real estate and what are their rights? Let’s review them…keep in mind that local and state laws will have an impact on Buyer Agency and the nature of disclosure. Also bear in mind the statute of fraud requires any real estate agreement to be in writing. This offers the parties the greatest protection under the law.
Buyer has right to...
Choose neighborhood. Select a lender of their choice. Acceptable financing, closing costs, insurance, and interest rate. Exclusive Representation, to use the REALTOR of their choice. Choose their escrow company or closing attorney. Choose their home inspector. Inspect the property, to perform due diligence to their satisfaction Request repairs or corrections, to resolve objections. Cancel sale based on Due-Diligence, Financing, or Appraisal. Fnal walk-thru inspection. Take possession of the property with certain expectations.
Average Price per Sq Foot— $147 Average Days on Market— 38 Sold Price to Original List Price—Avg. 98 % Absorption Rate—Months Supply of Homes 1.4 ALL LISTINGS Total # Actives 1953 Sold last 30 days 1327 Sold last 365 Days 17739 Listed last 30 days 949 Total Pending Sales 2727 Pending last 30 days 1626 Expired last 30 days 280 Expired 365 Days 4946
Find Out What Your Salt Lake City Utah Home is Worth! Price per Sq Foot—Median $124 Average $133Cumulative Days on Market—Median 8 Average 40Sold Price to Original List Price—Med. 100 % Avg. 98 %Months Supply of Homes 1.8 ALL LISTINGS
Total # Actives 2621
Sold last 30 days 1405
Sold last 365 Days 17053
Listed last 30 days 1192
Total Pending Sales 3135
Pending last 30 days 1907
Expired last 30 days 410
Expired 365 Days 5696 REO/BANK OWNED
Total # Actives 13
Sold last 30 days 20
Sold last 365 Days 328
Listed last 30 days 3
Total Pending Sales 14
Pending last 30 days 9
Expired last 30 days 2
Expired listings 365 Days 16
Months Supply of Homes .6 SHORT SALES
4.3 % of our active listing are Short Sales...
1.5 % of the homes listed in the last 30 days re Short Sales...
5.4 % of the homes pending are Short sales...
2.9 % of pending homes in the last 30 days are Short Sales...
1.4 % of the total homes sold in the last 30 days were short sales... REO/BANK OWNED
4.9 % of our active listings a0e Bank…