Your buyers agent is only professional who can render an opinion, provide research determine what is best interest for all parties secure an executed sales agreement.

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Familyof6: In addition to the sound advice you have already received, you might try and determine what the average home seller sold their home for - versus what they started asking for the home originally. The difference, between the original asking price and the final sales price of area sales, is referred to as the price elasticity of the market. Meaning, what are sellers willing to take around here?

Establishing that percentage might help you and your agent develop a plan of attack.

Before making an unsure offer - do you know a savvy agent in your area? Or would you like me to refer you to one nearby? kevin pellatiro (615)714-7918 kpellatiro@realtracs.com http://signswemustobserve.blogspot.com/

Family,

A good offer is one that is a true reflection of the current local real estate market. Ask your agent to provide you with comparison information that will help you to identify an accurate price range for this property.

Good luck

Have your agent run comps on what SOLD recently in the same are similiar to the house you are interested in. This will give you a good gauge of what to offer. Also, have your agent ask questions to find out the sellers motivation. This will help in making an offer.