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Buyers Road or Sellers Lane..???

If you have listened to, well, really any news lately I'm sure you're under the impression it's a buyer's market.  Well, this is true in a lot of instances.  How could it not with the historic low interest rates, the unbelievable inventory, and all time low home prices.
Well, I'm here to remind the buyers to be extremely careful about being too arrogant.  You will absolutely be getting a good deal, but it doesn't mean you have to offer $30,000+ less than the list price to get it.  Sellers have been hit extremely hard and have lowered and lowered and lowered their prices over the last few years.  A "good deal" doesn't necessarily mean getting the home for $50,000 less than it's listed for.  A good deal means looking at the comps and evaluating the market for what it is.  The price has already dropped, it just didn't happen on the offer paperwork.
Here's another spin.  Although we're in a buyer's market, the sellers are getting smart and ending in scenarios where they come out on top.  What do I mean??  Well, in the last month or so, I have entered into SEVERAL multiple offer situations.  The sell of a home ... more

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