Why Did You Raise The Price Of This Lakeland Florida Short Sale?
The other day I had a call from a prospective buyer who was watching my listing on one of my Lakeland Florida short sales like a hawk. This buyer called and said that,”I thought prices were coming down in Lakeland Florida, why did you raise the price on this property?”
Well, Mr. Buyer! This home is being offered as a cooperative short sale and the lender told me that the price of this home will be X amount regardless of what the property’s actual asking price may be at the time when I listed the property. This is actually quite common amongst short sales in Lakeland Florida after the seller’s lender has done their evaluation process.
As a Lakeland Florida short sale agent, I always recommend to base an offer on the true value of the home and not be so much concerned of the listing price. Have your buyer’s agent do a comparable market analysis or have an appraisal done. Then make an offer and arm yourself with those aforementioned supporting documents when presenting your offer to the seller’s listing agent.
Quiet frankly, when it comes to Lakeland Fl homes listed as short sales, 9 out of 10 times are good deals as long as it is priced right and are in good condition. These homes will not stay on the market for a long time and you can expect listing agents responding to give your highest and best offer.
Next time when you watch a short sale in Lakeland Florida like a hawk, please consider that when you like a home don’t wait too long. I would not put so much weight on the asking price, it’s the true market value of a Lakeland FL short sale I would consider the most.
Copyright © 2012 By Petra Norris *Why Did You Raise The Price Of This Lakeland Florida Short Sale?*
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