Just Make an Offer!
Friday, February 27th, 2009The price of a home is a marketing tool. Simply stated, the price gets a pool of buyers within a certain price range to look at the home and discover all the wonderful things about the property and whether or not it fits their particular needs. The value of a home…now that is another story.
A motivated seller should, in theory, be setting the price of their home at, below or near the true value of the home. However, there are many factors involved in setting the price of the home, including the expertise of the listing agent, money owed, location of the home, amenities with in the home, and the list goes on.
In this ever changing market and the market conditions, the only way to find out the true value of the home is to MAKE AN OFFER! The price tag is just a starting point. So if you are a buyer and find a home you desire to purchase, don’t complain that the price is too high, or that the counters are not granite, or that the landscape is too bare…just MAKE AN OFFER. Then and only then will you have the ability to negotiate the price and discover the true value or worth of the home in today’s marketplace.