Question Details

Art Myers, Home Buyer in Browns Mills, NJ

if i see a home i like how do i go abot making an offer lower than the asking price. after

Asked by Art Myers, Browns Mills, NJ Fri Oct 19, 2007

i looked at the property and went through the house.

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4
I would select a Realtor to represent you in making the offer. If you do not have one ask family, friends or work associates for a referral. Have you Realtor pull the comparable sales to determine value and structure your offer accordingly.
0 votes Thank Flag Link Fri Oct 19, 2007
Pam Winterba…, Real Estate Pro in Danville, VA
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Just drop an offer... People are giving discounts, so go ahead and ask for them. BTW.. Be prepared to hear no and settle somewhere in the middle...
0 votes Thank Flag Link Fri Oct 19, 2007
Art,
Was the home for sale by owner or did you see it through the listing agent? Either way it is a good idea if you get your own representation. Do you know any Realtors or can you get a referral from a friend or family member who has bought or sold lately? Having good representation will insure you don't overpay and they will also cover all the details, i.e. closing date, time of possession, inspections, disclosures, taxes, etc.
It is a great time to buy, good luck on your offer.
Michael
0 votes Thank Flag Link Fri Oct 19, 2007
Find a realtor to represent you. There are a lot of aspects other than price when you make an offer. The realtor will help you with a comparable analysis for the house and prepare a good offer for the house. They will negotiate for you so you don't have to do it yourself, they will guide you through inspection, loan, escrow process.

Also, the commission for the agent you use will be paid by the sellers, not you.. So, there is only advantages for you in hiring a good realtor to work with you.

Sylvia
0 votes Thank Flag Link Fri Oct 19, 2007
Sylvia Barry,…, Real Estate Pro in Marin, CA
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