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list price: Old School Pricing Is Out and Price It Right Is In - 05/25/09 12:38 AM
Many sellers are determined to set their listing price higher than they are willing to accept so they have room to negotiate. With the New Millennium buyers they unfortunately will not get any offers. Today's buyers are more educated than any others. The internet gives the buyers the opportunity to research all public records. They know the price of all the homes in the area that sold recently and are on the market. They know the trends, the cost per square foot; they know what the seller paid for the home and how much they owe and sometimes the improvements the … (0 comments)
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list price: One Buyer's Loss is Another Buyer's Second Chance - 05/06/09 02:01 PM
30% of Real Estate Deals Don't Go Thru. Maybe it is more, maybe it is less, but that is a pretty good estimate. So what does that mean to buyers and their agents? It means the property you lost out to in multiple offers or just because someone was faster than you does not mean it is gone forever. We all know that a ratified offer on a short sale means nothing until the lien holders agree. Many REO's and individual sales are falling through today. Many buyers, especially first time buyers get concerned when a property falls out of contract. … (0 comments)
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list price: Offer Prices - 11/13/08 10:53 PM
I have several buyers very confused. They offered the asking price for a Daly City home but were outbid by $50,000. This is not supposed to happen in a buyer's market. The low price is a marketing tool and not a realistic list price. I explained before making a purchase offer, buyers must determine the true present market value. http://www.pruvoices.com/2008/10/what-is-market-value/ They must do the same review as a seller. List pricing is all over the board today with short sales confusing everyone. Many of these short sales never sell. But they do confuse the market. Buyers should compare the market value … (2 comments)
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Lee Ginsburg
San Bruno,
CA
More about me…
Prudential Ca. Realty
Address: 180 El Camino Real, San Bruno, Ca, 94066
Office Phone: (650) 358-3959
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