Thursday, September 14, 2006

How much should I offer??

It's only natural for buyers to want to negotiate on the sale price in order to feel they have received the highest value for their purchasing dollars. The negotiations during a purchase agreement can be especially daunting for first time home buyers, as they have often gotten advice from parents and other respected sources to "never make a full price offer", "you can always come up".

Just what is a proper price to offer on a property? I read a great report and will post a link to it here. Before posting the link, may I offer any buyer to walk into the office on any day, and ask me or another agent to pull up a report of all recently sold properties in whatever location in which they have an interest. There are always a few exceptions to the rule, of course, but most often one will find results very similar to the percentages listed by the author in the article you will be reading. Click on the link in the next line:

Lowballing in a cool housing market

Thanks,
Best regards,
Jim Dvorovy




Monday, September 11, 2006

Home Selling from A to C (Acceptance to Closing)

There is a super article posted on the National Association of Realtors website that lists some of the pitfalls that may cause a delay in the closing of a transaction. The article gives a great synopsis of the transactional process from the perspective of both the buyer and the seller. If it would be of interest to know what is taking place each step of the way, as well as the length of delay time caused by typical "snags", please browse the article:


http://www.realtor.org/realtororg.nsf/pages/post_contract_pitfalls

Thanks,
Best regards,
Jim Dvorovy