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Mimi Foster, a realestateagent, told MarketWatch the home was like “walking into a crime scene.”. She received multiple cash offers that were well over the asking price. If you’re looking to buy a home, be prepared to make an offer higher than what’s listed. But guess what? Low-inventory is partly to blame.
Instead, suggest that it might be best if you do one at what could be the worst case scenario, the lowest potential price a buyer might come in at, knowing that while that’s not a number they would accept it will at least provide a baseline to start at when calculating a counteroffer number.
In these stressful situations, buyers may take comfort in knowing that they’ve put forth their strongest offer. . Free Guide : Become a social media master with this free Social Media Toolkit for RealEstateAgents. Negotiating counteroffers. If the seller does not find the initial offer acceptable (e.g.,
Find A Reputable RealEstateAgent Probably the most valuable tip you can take with you when you are selling your home is to find a realestateagent that will guide you through the process. A great Agent will net you more money even while paying a commission.
Realestateagent: A realestateagent will be able to find REO offerings from multiple lenders in your desired area. Online services: Other online services, such as Zillow , offer tools to look up foreclosures by certain characteristics or in certain areas.
Decide together after that discussion what price should be offered in order for the result to be an accepted (or at least countered) offer. Educate your buyer clients on market and listing facts Meet your buyer in person and educate them on the facts based on your previous two steps.
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