Are there any guidlines on how much of an offer to give vs a listing price?
As an example, if a co-op is $475,000 should I calculate let's say 10% less and offer $427,500?
Answers (1)
FIRST ANSWER
June it depends on the seller's motivation, if he NEEDS to sell, he will negotiate until it is sold. If the seller WANTS to sell but does not have to sell, then you will face an uphill battle. Just offer that most you can and provide as much documentation (credit report, w2's, bank statement) to make your offer stronger.
Good Luck
Henry
917-497-0729
http://www.QueensLIRealtor.com
Web Reference: http://www.HenryCunalata.com
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