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Home Buying in 45066 : Real Estate Advice

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  • Local Info0
  • Home Buying5
  • Home Selling1
  • Market Conditions2

Activity 6
Tue Sep 28, 2010
Barbara Kachenko answered:
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Thu Sep 27, 2012
Elizabeth Spear answered:
In a slower moving market for sellers, sellers will sometimes settle for less than they'd prefer just to wrap up and move on. Listing price reflects a seller's wants, with typically some built in room to negotiate down to meet the buyer's offer. We've seen this gap between asking and buyer final offer grow a bit as homes have been on the market longer. The sellers who don't want to adjust down, pass on the offers, and those that are williing to adjust negotiate a deal. The net of this is home sales gapping. It's not particular to Springboro, but a general condition for the market overall.
If we can help further, please let us know!
Bill & Liz Spear
RE/MAX Elite
Serving Warren County
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0 votes 8 answers Share Flag
Tue Feb 26, 2008
Jaime Druck answered:
If you are questioning the conflict of interest you can ask that agent to have their manager or another agent out of the office present the offer to keep things unbiased. There is a Realtor code of ethics where the agent should be fair in representing all parties involved. You shouldn't steer clear of his listings because that would limit your possible homes. I think regardless of the representation the key is to work to achieve the same common goal of you buying & a seller selling. I work as a team and when we have a buyer interested in one of our listings I work exclusively with one side while she works with the other. ... more
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Wed Jul 8, 2009
David M. Childress answered:
That IS surprising. I have never had that problem in my area. I would strongly object to a sellers offering such a small opportunity for buyers to see their home.
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Sat Feb 9, 2008
Mary Starkey answered:
Kim, I had a 2x6 construction home on the market last summer in Springboro at Woodland Greens, but it was built in 1988. However it was beautifully updated. Not many people look specifically for that type of construction and as far as I know, builders are using 2x4 for new homes unless it is a custom built and specifically requested. The cost of a 2x6 may be cost prohibitive. ... more
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Thu Jun 9, 2011
Patti Pereyra answered:
It is never rude to make an offer, period. I think it's nice that you worry about appearing rude, but I always tell my sellers, an offer is an offer. It means somebody cared enough to take the time to consider your property. Hopefully, you can meet somewhere in the middle and both parties can feel the end result is a win-win.

As to your specific question, I don't know what's going on in Vancouver, so hopefully somebody will chime in here, but I can tell you that a fixed percentage off ask price cannot effectively be applied across the board. Without knowing if the property in question if priced right to begin with, it is impossible to say whether or not 10-15% would be lowball, just right, or heck - even too much!

Put your head together with an area Realtor who can present you with solid "sold" comps, and formulate an offer based on what is happening right now in the neighborhood.

Good luck to you!
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