CONTRACTS & OFFERS
OK, here's where it begins to get interesting.
We've found the perfect home in your price range, now what?
We make an offer to purchase.
Purchase offers are based on several factors: comparables properties, market conditions and timing.
- Effective Realtor's price their listings using comparable properties in the area and if they do it right update it to keep the pricing inline.
- Market conditions influence pricing. In today's unstable market properties might be priced a touch higher because of past sales history.
- Timing is an important element; this affects the price by creating urgency in the sale of the property.
Words of unsolicited advice, in today's unstable/declicing/stable market if the property is priced correctly you will still have multiple offers. Don't low-ball these sellers, this often insults them and they will dismiss you as a true buyer.
If the property is priced high (as many are) have your agent run comps and correctly price the home. Trust me this will work alot better then the classic "what the hell are they thinking" tactic.
Contract terms become very important; I'll assist you in writing a solid, fair offer. One that you will feel comfortable with and the seller will take seriously.
If you have any questions drop me a note at javiergonzalezpa@bellsouth.net
