WHAT TO OFFER?

While we don't have a crystal ball, our experience provides us with a good intuition that keeps us two or three steps ahead of the game. Negotiating can be a quick one step process or can take multiple offers and counter offers over a period of days.

We always present your offer to purchase in person to the seller and their agent. By doing so we gain valuable insight to what we should anticipate the process will require to get you the very best price. 

Many factors come into play in the initial offer. Some say "always offer 10% less". Unfortunately, this route could end you up in second place on that competitively priced "perfect" home for your needs. And, second place is no fun.

Things to consider are:

How long has the property been on the market? If the home has been languishing on the market for over 45 days without an overdue price reduction that might tell you something about the motivation of the sellers.

If a new listing, how competitively priced is the property? I've had situations where the home was so well priced, multiple offers were received within days. In this situation, offering a few hundred dollars over list made the difference in owning versus second place.

Current market conditions can play a big factor. We are full time REALTORS® active in the local market who know what's happening in the market and can advise you accordingly.

Our best advice would be to "get good advice and listen to it!" Too low an initial offer could insult the Seller doing irrepairable harm to the prospect of good faith future negotiations. Too high, and you may be leaving money on the table. This is when you could benefit from the experience of a RE/MAX® Buyers Agent.