Dear TZ - How much should I offer on this house in Union County?

By
Real Estate Agent with Samsel & Associates 0790808
https://activerain.com/droplet/BKg

Dear TZ,File:Welcome mat 2.jpg

We've been looking all over Union County and finally found a house in Clark that we love! How much should we offer on it?

Bob and Bernice Buyer

 

Dear Bob and Bernice,

Congratulations and welcome to Clark! You're going to love it here!

When you put an offer in on an house, your agent will show you some comps which are comparable homes that have sold in the area.

You'll also want to look at the ratio of sale price to list price for similar homes.  In Clark for example, the average home sells for 95% of list price.  

So what do you offer?  Well, you really need to make an offer that you can afford and one that you think is a fair offer to the homeowner.  So if their list price is accurate, you may want to come in close or at list price.  If they're priced competitively you may even want to come in above list price.  

Your REALTOR(R) can offer advice, but ultimately the decision is YOURS.  Put yourself in the seller's shoes and think how you would feel if someone offered what you're going to offer on the house.  

Lastly, you may want to take a few minutes time to pen a handwritten letter telling the sellers about you and your family and how you're looking to forward to making their home yours.   Make it personal, tell your story.   It may make the difference if a similar offer comes in.

Best of luck!

- Wayne and Jean

 

Please note that all information is reliable but not guaranteed.  Please consult with your Real Estate professional before making any Real Estate decisions.  

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~ Wayne & Jean 

Union County, NJ - a great place to live and work!

If you're looking to buy or sell a property in Union County, call us at 908-917-4189 or email TeamZuhl@gmail.com.

 

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All opinions, information and data provided is deemed reliable but is subject to errors and omissions. Not intended to solicit other Brokers' clients. We cooperate with them fully. 

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Topic:
Home Buying
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New Jersey Union County
Tags:
buying a home
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Rainmaker
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Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Home and Condo Specialists

This is definitely a FAQ that most buyers need help on, but as you state it may be priced right and after going over the comp sales, offering close to list may be the answer!

May 28, 2012 10:00 PM #1
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Rainmaker
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Wayne and Jean Marie Zuhl

The Last Names You'll Ever Need in Real Estate
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