Lynn911 Dallas Realtor & Consultant, Loan Officer, Credit Repair Advisor
The Michael Group - Dallas Business Journal Top Ranked Realtors
Realtor, GRI, CSSN
John Hall & Associates
Do inspections if the report comes out well then we can't see a reason not to buy it. It's a deal take advantage of it.
all the best
Dave & Lisa
With normal listing especially short sales you are quick to realize that the agent is just pricing to get the property noticed especially if you know your market. Doing a quick comp pull on realist will let you know if the property will sell for such a low value.
It also depends on the properties condition mold holds a huge discount considering that your buyers pool has just been diminished. And other factors come in to play when pricing homes.
I think as a agent in the business you have to be able to determine for yourself if the property is going to sell for such a low price then educate your clients on why the pricing might be so low.
Let a RE/MAX Agent bring you home...
Samantha James-Tharp, PA
909 W. Midway Road
Fort Pierce, FL 34982
I hope this helps.
David Jaffe-SRES, CDPE
Bank owned usually underprice to create a multiple offer situation but they usually accept an offer too quickly so they don't maximize the sale price.
I think it's a good strategy if the property shows in immaculate perfect condition and the Sellers have a reasonable expectation (and enough equity) to go ahead and sell after two weeks to the highest bidder.