The last Sale Price- how is it related to Current Market Value? When Buyers are interested in submitting an offer on a property, one of the questions they often ask is- what was the last sale price? How much did the current owners pay for the home? Generally, they believe this information is useful in […]
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How to Price a Home for Sale
Sometimes Realtors run into all kinds of funny notions that prospective Sellers have with regards to the price of a home. Particularly, the price of their home. Common criteria that Sellers want to use to price a home; If I buy ‘X’ Property, it requires $20,000 in renovations. We can’t list my house for less […]
The Value of a Buyer Agent
The value of a good Buyer Agent…. What I’m Running Into Lately: Lately as the Listing Agent of a few different properties, I have been approached by potential buyers that are interested in submitting an offer, and although they have an Agent in mind that they *could* work with (and have not signed a Buyer […]
The Escape Clause, AKA ‘The Bump Clause’
Sometimes conditional offers have within their conditions an ‘escape clause’. An escape clause is commonly found when there are conditions within an offer that will take longer than the typical 7-10 day time frame for the Buyer to meet. A good example of this type of situation would be an offer conditional on the sale […]
Negotiating for a Successful Outcome
Negotiating for a successful outcome in real estate negotiations is a critical skill that is often under valued and over looked by both professionals as well buyers and sellers alike. Often times an offer will come in lower than asking, and rather than negotiating for a successful outcome, the offer will be outright rejected. Both buyers […]
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