Home Seller, Doraville, GA/ Staten Island, NY
There are as many reasons to change a price as you can imagine. The owner may have gotten their new property tax assessment & realize the house is still worth more than they are currently listing it for. Realtors always tell the seller to lower the price. The realtor wants a quick sale, they don't have their life savings, hard work, &memories tied up in the house. They may 'know the neighborhood' but they don't live on that block, they really don't know how solid the neighborhood really is & by law they cannot discuss issues about the neighborhood. Look at 'comps' in the neighborhood - remember detached houses are worth more than attached houses, raised ranches are worth more than cape cods, etc. Factor in the added value of established landscape. Regardless of what the current owner paid for the house originally - they still need to live somewhere - so they need to get the money out of the house that will put them into a similar property somewhere else. If the seller doesn't like your offer they will reject it. If you hold to a low offer the seller may have someone else already interested in it. Your realtor doesn't know all the offers on the house, they have only partial knowledge. If you like the house - look at your finances - without everyone pressuring you & decide if you want to live there & make your offer. When you stop being a 'buyer' & become an 'owner' you'll reaize Life is really better as a 'owner'. Good Luck - Of course I have a house for sale on S.I. Contact me if your interested ina detached house in Manor Heights. Glad you''re buying a house on Staten Island - it is great , hope you enjoy it for years to come.