You want to buy a home in Northern Virginia.
You've searched the market, and your search has lead you to a home that beats your expectations. It's nicer than you expected.
You and your Realtor check the recent sales, and you quickly see that the house is priced $25,000 over the highest and best comparable "comp" house sold.
What do you do?
You make an offer equal to the highest, most recent comparable "comp" house sold with a similar floor plan. The seller rejects your offer, and sends back a message saying you can buy the house at the seller's price, or not at all.
What do you do?
You have 3 options:
1. You can give the seller his price, then let the appraiser from your bank be the bad guy when he appraises the house within values of recent sales of similar comps.
2. You can try to meet him half-way, and see if the seller will budge.
3. You can move on, shop other homes, let the seller marinate as he continues to get lots of lookers and no offers. Who knows? You might find and even NICER house that's priced at the market. Or you could go back to the seller and see if marinating has eased his willingness to negotiate a batter price.
You can find out more about how my 25 years of experience negotiating with stubborn sellers could work for you. Text or call me at 703-677-1120.
Negotiating is a skill that is developed over time. That's why you need an experienced Realtor who negotiates over 100 contracts each year working for you.
Call or text me now at 703-677-1120 to find out how I can help you get your dream home.
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