Most everyone (except sellers) have been enjoying the lower prices for homes and properties for several years. People have become accustomed to writing an offer much lower than the asking price and in many cases achieving a huge discount on their home purchase.
Although in some cases, this can still be achieved, in many it is not. Being a buyer's agent, one of my newest challenges is to get my client's to realize, the steeply discounted pricing on homes is going by the wayside. It seems like no matter how hard I try to break their mindset, many of them still refuse to accept the reality.
I am open to suggestions on how to help me achieve this. I typically show them the comps where most homes are selling at 96% of list price and yet, they still want to low-ball an offer. Help!
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