Questions Realtors Should Ask Buyers

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How Much to Offer on a House: Should You Go Below or …

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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Should You Set the Asking Price of a Home High or Low?

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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11 Questions to Ask the Owners of the Home You're Buying

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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Is It Too Low? What Is Reasonable to Offer Below Asking …

$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

Estimated Reading Time: 9 mins

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Negotiating Home Purchase Price Zillow

$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 …

Estimated Reading Time: 7 mins

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Negotiating Realtor Commission: 10 Tips for Lowering Fees

$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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3 Things Sellers Should Never Say to Real Estate Agents

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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5 Highly Effective Ways to Respond to Pricing Questions

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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10 Things You Should Never Tell the Listing Agent

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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Top 10 Low Commission Real Estate Agents + Companies

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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SECRETS TO REAL ESTATE NEGOTIATING FROM A TOP AGENT

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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5 Negotiating Strategies When Selling Your Home Investopedia

$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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Buyers: Here’s How to Negotiate with a Seller After a Low Appraisal

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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How To Deal With Buyer Clients Making Lowball Offers Inman

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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Why You Can’t Trust Real Estate Agents When Buying A House

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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5 Steps to Picking the Right Agent to Sell Your Home Kiplinger

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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66 Questions to Ask When Buying a House Redfin

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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Frequently Asked Questions

Should you ask the price question when selling a home?

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.

Should you tell your real estate agent your lowest price?

"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."

Can you offer below asking price when buying a house?

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.

How many questions should you ask when buying a house?

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.