Asked by Adamcarnahan, Lancaster County, PA • Fri Apr 17, 2009
I understand it is a buyers market and list prices do not seem to reflect this as much in Lancaster PA as they do in the nation in general. My fiancee's brother who deal in large quanities of real estate in Florida told us it is not uncommon for potiental buyers to make offers well below list price. Our realitor tells us no less then 5%, but the brother in Florida comes up with a valid point that the price will drop 5% even if we dont make an offer. He say's 5% is common in a stable market and suggested our realitor is out of touch with todays market. What he is saying makes sense to me. What does everybody else think?
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