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01267 : Real Estate Advice

  • All4
  • Local Info0
  • Home Buying0
  • Home Selling3
  • Market Conditions1

Activity 3
Mon Mar 18, 2013
Vera Gonzalez answered:
Ed,

Depending on your area. People will generally say on a Saturday or Sunday afternoon. I had a seller who had the most traffic in their area on Thursday night between 4-9 pm.

Vera ... more
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Sun Nov 11, 2012
Lisa-marie Lemaire answered:
Hi Mxeid,

If you would like I can hook you up on the MLS ( which is a database that every Real Estate agency uploads their listings onto) I just did a search for you and nothing came up there, but others in surrounding towns did. Also the system is updated throughout the day, so you would have up to the minute listings. ... more
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Wed Sep 8, 2010
Don Tepper answered:
There's no magic number, either in the past or today. Offering 20% less may result in a great buy (if accepted), or--if the property's overpriced--may not be a good deal at all. Same with 30%. As other agents will advise, first you need to know the comps. List price means very little; it may or may not be close to the real market value. Good agents will set the list price at or slightly below the comps, but there are a lot of other agents out there, and a lot of owners looking for yesterday's higher prices. So, don't focus on the list price. Focus on comps--the recently solds.

Second, regarding "insulting the owner," get over it. So what? You come in low, and the owner has 3 choices: (1) accept, (2) counter, or (3) reject. If he accepts, fine. (Except that means you could have gotten it for less.) If he counters, fine; that means you're in the ballpark. And if he rejects, then you move on.

You're not competing for Miss Congeniality. You're trying to buy a house. Base your offer on the comps, and then, if you wish, go below those.
... more
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