Buyers are BOLD! I think I'm happy to see that!??


Buyers are BOLD! I think I'm happy to see that!??
By Scott Rogers • March 1, 2012
Recent negotiations I've been a part of, or have heard about.... SELLER: $299,000 BUYER: $225,000 SELLER: $239,000 BUYER: $215,000 SELLER: $495,000 BUYER: $300,000 Needless to say, more and more buyers are making low offers on properties that are currently for sale. Buyers would call the offers aggressive. Sellers would call the offers ridiculous, absurd, far-fetched, tear-inducing, etc. I do think, however, that this is an important part of a real estate market that is regaining its foothold and seeing what home values really are, what they should be, and what they could be. Even if some (many?) of these low offers don't go anywhere, and even if they hurt the feelings of some sellers, I think that in a big picture sense it is good that buyers are making these offers. It puts the local real estate market in a lot better position than when buyers were just sitting on the sidelines thinking sellers' prices were too high, and not being willing to do anything about it. Buyers.....keep 'em coming! Sellers.....let's brace ourselves, and work hard to try to make a deal work! Receive Updates by Email Recent Articles: There Are Plenty Of Types Of Houses That Exist That Just Are Not Available To Purchase Home Sales By Price Range In The City Of Harrisonburg Are You Compromising On Aspects Of Your Next Home That You Can Or Cannot Change Later? How Much Slower Are The Winter Months In Our Local Housing Market? Rockingham County and New Home Sales Drive Surge in Area Housing Market Find The Balance Between Optimistic And Realistic Home Pricing Room Size Is Difficult To Understand Solely From Real Estate Photos How Much Would You Value Not Having To Prepare Your Home For Showings? One Out Of Four Homes Is Taking Longer Than A Month To Sell Consider The Cost Of Your Planned Renovations When Planning Your Offer
Have any questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com
Based on information from the Harrisonburg-Rockingham Association of REALTORS® or its MLS, for the period Jan 1, 2000 through Nov 21, 2024 (unless otherwise noted).
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