Buyers It’s Okay to Make a Full Price Offer

Birmingham Alabama Home Buying Tips, Birmingham-Hoover Metro Area ReattorWhat’s Wrong with A Full Price Offer?

Where do buyers get the notion that there is something wrong with making a full price offer? If a property is priced right (and agents know when a property is priced right), it’s okay to make a full price offer instead of just pulling a number out of your hat.

You Mean I can Offer LESS Than What They are Asking?

When it comes time to ask that all important question “what do you want to offer?” buyers more than likely don’t have a clue as to what they should be offering. It’s important to review comparative sales data for the area to ensure that you don’t offer too much for the house. 

But the best chances for successful negotiations, you must start with a number that makes sense.  It other words, your offer price should be backed up with concrete data that supports your offer.  By doing so, your real estate agent is armed with the ammunition that s/he needs to negotiate the absolute best price for you.

Are Buyers Prepard on the Hows and Whys of Making Offers?  

Real estate agents spend a great deal of time preparing presentations for sellers including CMAs so that they understand the importance of PROPERLY pricing their home. But when it comes to workng with buyers, preparing a comparative market analysis is an often overlooked step in the process.  Buyers should expect their agents to do a good job of preparing CMAs for them and EXPLAINING how this information is used when deciding on an offer price?

Losing at All Costs is Not a Bargain at All

As a buyer, If you have really fallen in love with a house and want to make an offer, in cases where the house is appropriately priced, is it worth it to haggle over price (particular if the difference is not significant) and loose out to another buyer?  Unfortunately many buyers realize that the answer is NO only after they have lost the home to another buyer.

Would You Like to Make a Full Price Offer?

If you are absolutely smitten with a house, it’s okay to put this option on the table.  If the home appears to be everything (or almost everything) that you want and contains nearly everything on their wish list and to top it off it’s appropriately priced…………….  It’s Okay to Make a Full Priced Offer.

Birmingham-Hoover Metro Area Real Estate

I, Charita Cadenhead, am a trusted and competent Realtor®.  Bham WIiRE Realty is a small fish in a big pond, but we can swim with the best of them.  By continually sharpening my skills and remaining dedicated to my craft, you can trust and believe that every client, without exception, gets the very best service that I have to offer (before, during and after the sale).  And that, without compromise, is Bham WIiRE Realty’s promise to you.

Whether you’re looking to buy real estate your sell your existing property, call or send me and email today, so we can discuss how I can best serve your Birmingham-Hoover Metro area real estate needs!

You’ve Got Options!

Charita H. Cadenhead
Bham WIiRE Realty, LLC
(205) 321-1200 – Office
(205) 527-1112 – Direct
(888) 371-8221- Fax
bhamwiire@gmail.com

Comments

  1. Charita…..great post for potential buyers to read….when you find a home that is priced right, and it fits all of your needs, you know for sure that you’d better pay the price or you’ll lose it….those are the homes that end up in a bidding war if you wait too long.

    • Charita Cadenhead says:

      Barbara that is exactly what I want people to know. The price one pays (or in this case is unwilling to pay) could cost them the home that they want more than anything. And more often than not, the difference between asking price and target offer price is just not worth the lost. The questions become: how badly do I ‘really want this house? Is price haggling really worth risking not getting the house? Unfortunately many mind out that the answer is “no” only have they have lost the house to savvy buyer.

Speak Your Mind

*