Getting a Deal on a House - Deep Discount Dilemmas
Buyer Tips & Realtor Tips - Deep Discount Hunters; As Gen Y comes out of the woodwork to buy on the heels of Gen X'ers talking about the deep discounts we saw in the years following 2008, we still run into disillusioned buyers thinking they're going to low-ball an offer to buy at a 10-20% discount off the asking price.
It's reasonable to go for a discount, who wouldn't? What a buyer needs to realize, there are only a certain number of homes in any market that are going to meet their needs and that they'll be satisfied with having ownership of. That being said, here's some things to ponder to help you succeed whether you are a buyer, or a buyer's agent.
Getting a Deal on House Today - Expect a 3-5% Discount:
This is good for buyers to read, but this post is also geared towards real estate agents and setting proper expectations. My business partner and fellow Realtor, Marty Snyder, and I pull local market information a lot for ne... read full post