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Selling a home: When should you reduce the asking price?

Regardless, your ‘offer’ may sound quite attractive, and they might come back with a number much lower than the asking price. Even if they don’t, their answer will probably tell you something. Back in my college days I had to sell my car to move across country for school.

you’ll have to sit down, take a hard look at your house, and ask yourself a few questions. Though some steps of the.

Ask your agent to work up a comparative market analysis (also called a comp or CMA), which will show you the list and sale prices for similar homes that have sold in the last few months. Use that as your guide. "The comparables should be your go-to on a first offer," says Shane Lee on behalf of Realtyhop.

6 steps to making the best home price bid.. If you find a problem, you can reduce your offer or opt not to bid.. that’s a good time to bid low on the home price. Ask your agent’s opinion.

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While selling first might seem like the best bet, it also depends on the market. Research prices in the areas where you’re both buying and selling, legal site nolo explains. You should. and home.

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This data is extremely useful for prospective sellers because it tells them what kind of profit they can expect should they decide to sell. average prices in 2011 were lower than in 2010, when many.

How much below the asking price should you offer on your next home? A third of properties are discounted by an average of 25k. Darlington, South Shields, and Middlesbrough are among the places.

Your home. expansions or remodel should be considered. Resale. How will your home fare in pricing to re-sell? If you buy.

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Here’s how to evaluate the price of any home, so you could make a. market because they didn’t sell, the house in question may be overpriced. Also, if there are many similar properties on the market.

If you priced your home for what you would like or need to get, you haven’t priced it to sell. Buyers don’t care what you need to get; they will pay market value for the home. So find out what.