What percentage of the asking price is generally considered an appropriate first offer in today's market?

Karen Sewell
Karen Sewell
Home Buyer
12866

Mon Apr 27 2009, 09:37 - Home Buying in Glens Falls - 1 answer
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Shelley Englert
Shelley Englert
Agent
Glens Falls, NY
FIRST ANSWER

Hello Karen,

There is no exact set percentage. The best way to determine percentage or offer is to ask the Realtor working for you to do a CMA (Comparative Market Anaylsis). This would allow comparison between your desired or a similiar home that is pending or sold. You would be able to justify your offer price. This would be your best objective.

If you have more questions or need additional information please contact me.

It is Beautiful today. Hope our summer is looking just as nice.

Sincerely,

Shelley Englert, Realtor
shelley@all-americanproperties.com
(518) 812-5510

Mon Apr 27 2009, 11:29
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