Real estate blog entries tagged with know what your house is worth by Kenneth Cole, NYS Licensed Real Estate Salesperson (Weichert Realtors Appleseed Group, 2043 Richmond Ave. S.I.N.Y. 10314. office phone 718-698-9797, Appleseedhomes.com -)

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know what your house is worth: Sellers, Beware of high prices from your buyer - 03/11/15 03:40 AM

Sellers, Beware of high prices from your buyer
Why would a buyer over bid on a unit that is on the market? Because they want to be the winner on the unit. Maybe its priced low or just right and it's getting a lot of action, the high priced bid will definitely get attention.
What are the pitfalls of accepting a high offer?
Depending on how high over the asking price the offer is, it may not appraise. Now what do you do with that offer? You can lower your price to the appraised number, or you can ask the buyer to … (2 comments)

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