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Buyers: Get used to writing at or over asking.....the shift has started

By
Real Estate Broker/Owner with Metro Life Homes RS-78439 / BRE #01708344

I have so many buyers right now that are going through a psychological struggle in their original perception of what the Los Angeles market is like, versus the actual reality.

We have really fired up in the $450k and below market!

Some buyers are having a hard time when the properties they are interested in are going into escrow quickly and/or with multiple offers.

Some are still thinking you can get a property for well below asking.

But it usually sinks in after they lose the 2nd or 3rd property that they need to step up to the plate if they really want that property.

Almost all properties are listed with a very competitive price these days, so ANY price you pay at or over listing is going to be a GREAT price when you look back in a few years.

Don't be a casualty to mis-perception!  If you have developed a good relationship with your Realtor and trust their judgement, follow their lead and let the comps for the property do the talking!

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