How much should I offer for the house?

By
Real Estate Agent with RE/MAX Leading Edge www.GoldenResults.com 71785

How much should I offer for the house?

Realtors hear this question a lot. There are lots of answers.

How much do you want the house?

Let's look at the Market Stats and see the facts and current trends.

What is your No Tears Number? Your No Regrets Price?

If 5 to 8 to 10 percent if the market is moving, and you, too have selected one of these best buys, what number do you want to try?

Retrieve Golden Results with Cheryl Ritchie, RE/MAX Leading Edge, for all your Southern Maryland and Anne Arundel County Real Estate Services. Visit www.GoldenResults.com. 

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Comments (3)

Dan Hopper
Dan Hopper - Gold Way RE - Westminster, CO
Denver Broker / Real Estate Advocate

Cheryl, this is always the question of the day from the Buyers!  It is our job to provide the Market conditions and anything else we can provide to "inform" the buyers so they can make a good decision.  Every home will have it's own unique qualities and it is up to the buyer to determine if their offer will secure a contract.  Of course, we then get the next question, "what do you think it's worth?" or "What would you offer?".

Simple answer, "I am not going to live there so it does not matter what I think a buyer should offer!" 

Aug 06, 2013 09:49 PM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Sheila, The term No Tears Number is a good one and says a lot about it from both directions.

Aug 06, 2013 09:52 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Great approach... so long as the buyer really understands the comps. I've had people suddenly decide they want to offer 75% of asking price in a community where everything sells at 95% of asking price and they just dig in their heels on their offer.

Aug 06, 2013 10:02 PM