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022 2023 20251 hours ago Use that as your guide to homebuying. “The comparables should be your go-to on a first offer,” says Shane Lee on behalf of Realtyhop. “If, for instance, a …
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6 hours ago The authors surveyed more than 200,000 homes listed in Delaware, New Jersey, and Pennsylvania from 2005 to 2009 and found that homes priced 10% to 20% higher than similar homes saw a bump.. It’s
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2 hours ago It is important to know what the seller's bottom price is. In your conversation, work your way there by asking what repairs they are willing to do. Use the money you save to furnish your new home
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$300,000,4 hours ago When it’s reasonable to offer 20% or more below the asking price. For a home that is priced at $300,000, asking for 20% off asking price could save you a whopping $60,000! One of the most significant factors that will work to your benefit when offering below asking is if it’s an active buyer’s market. When the market is in the buyer’s
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$5,0004 hours ago But be prepared to split the difference with the seller. Caution: Even in a balanced market, you can have someone swoop in with a better offer, so you don’t want to drag negotiations on forever. A difference of $5,000 on a $250,000 probably …
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$346,800Just Now For a $346,800 home sale — the current median home value in the U.S.— that would translate to roughly $18,900 in realtor fees. [1] Sticking with the above example, were you to negotiate 1% off your commission, you’d save over $3,500. If you knocked off 2%, your savings would jump to $6,900. That’s real money!
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1 hours ago Topic #1 to avoid: Your price floor. You'll want to think twice before broaching particular topics or sharing some information with your real estate agent. Among the things home sellers should not say, the lowest price you are willing to take is probably a no-no. "The primary thing I tell people not to discuss is the minimum price they will
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9 hours ago Rather than giving a price, sellers say something like, “There are many options, and I need to understand your needs before I can give you an accurate quote.”. Fourth, you could offer a range based on average deal size or high and low price points. This response is meant to help the prospect without overpricing them.
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5 hours ago 9: Only Bring Me Serious Offers. A listing agent following their legal and ethical duty will keep you informed of all offers that you receive. However, if you tell the listing agent that you don't want to hear offers below a certain price, he or …
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2 hours ago Prevu Real Estate is a low commission company that operates in California and select cities in the Northeastern U.S. Prevu advertises a 1.5% listing fee for sellers, as well as a sizable 2% rebate for eligible home buyers. Overall, …
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2 hours ago General Tips. 1. Butter up the agent – If you can build rapport with the agent, they will be more inclined to feel like you two are “working together” rather than facing off against one another. The other agent is more likely to show their hand and reveal details about what it will take to come to terms on an offer. 2.
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$200,000,6 hours ago You can increase your asking price by enough to still get as high as your list price after paying the buyer’s closing costs. If your list price is $200,000, and the buyer offers $190,000 with
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6 hours ago For instance, if a shifting market is the reason for the low appraisal, bring the numbers and information to support that theory and ask the seller to lower the price to reflect the new market realities. If the appraiser used the best comps, you can ask your agent to run a CMA (comparative market analysis) to help support that. If the home is
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8 hours ago 10 ways to deal with lowballing clients. Click To Tweet. 3. Put the buyer in the seller’s shoes. Encouraging a buyer to empathize with a …
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Just Now if you want to laugh your rear ends off check this out have you ever been out bided by the same agent who showed you a property.i have I found a house in my neaborhood got with a agent told them to put a bid in for me asking price was 16.500 I bid 15000 when I lost and the people moved in they got a running there mouth in my area keep in mind I know everyone in that neaborhood …
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6 hours ago If you're selling a home, a good real estate agent will help you set the right price, market the home professionally, qualify the buyers, and expertly negotiate and finalize the deal. A …
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5 hours ago You owe it to yourself – and your family – to find out everything you can about a home, especially since it will most likely be the largest investment you’ll ever make. To help you get started, we’ve created a list of 66 questions to ask when buying a house, broken down into each stage of the homebuying process to help keep you informed.
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In addition to being counterproductive, causing mistrust, and erecting a barrier between the buyer and seller, evading the price question is inefficient. You won’t learn if you’re dealing with a comparison shopper or a prospect who truly can’t afford your solution.
"The primary thing I tell people not to discuss is the minimum price they will accept," notes Babbitt. "When you tell your agent your lowest price, they are going to shoot for that price in the contract. No agent will set the bar any higher than he or she has to set. Neither would you if you were in their shoes."
Purchasing a house is going to cost a pretty penny, but if you know what is reasonable to offer below asking price, you might be able to save some coin. Buyers often want to know how much below asking price they can offer that the seller would accept — or at the very least be open to negotiation.
To help you get started, we’ve created a list of 66 questions to ask when buying a house, broken down into each stage of the homebuying process to help keep you informed. As you well know, buying a house is a significant investment. Before you start house hunting, think through your goals for homeownership.