The flip side would be if a house has been on the market for a month or two (or obviously longer) and making a full price offer. That might be a little foolish : )
Hope that helps ! Good luck. If I knew more info, I could answer the question more specifically.
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You made an offer and accepted right? The offer is depends on the CMA-
meaning Comparable Market Analysis did the agent show you how he come
out with the price. The price come from you not the agent but keep in mind that
the price should supported by the CMA giving advise and also depend on the
condition of the property there are many variables things involve.
Or wait for redfin.com to make it's way to Philadelphia. No sense in letting a buyer's agent keep 3% of the home price for minimal work.
You obviously need the assistance of a professional you will specifically show you by the numbers whether the subject property you are interested in is worth putting in a full price offer or not. I'd be happy to assist you. I can give you a full history of the sold homes in your subjects property's area. We can compare this with the current condition of the home. Only then will we know the best price to offer on the property. Feel free to call to call me anytime direct. Or for starters you can send me an email of the subjects property address. I can begin by looking up some info on the MLS. Also we should discuss important PA real estate agency relatonship disclosure. Its important that you have someone assist you who will solely represent your interest. And if the property is listed the seller has already agreed to paying my fee. As your buyer's agent my services would be of no costs to you.
It is unusual in this market to pay full price, but I have seen mutiple offers on some homes,