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DEAR TZ – HOW MUCH SHOULD I OFFER ON THIS HOUSE IN UNION COUNTY?

Dear TZ,File:Welcome mat 2.jpg

We’ve been looking all over Union County and finally found a house in Clark that we love! How much should we offer on it?

Bob and Bernice Buyer

Dear Bob and Bernice,

Congratulations and welcome to Clark! You’re going to love it here!

When you put an offer in on an house, your agent will show you some comps which are comparable homes that have sold in the area.

You’ll also want to look at the ratio of sale price to list price for similar homes. In Clark for example, the average home sells for 95% of list price.

So what do you offer?  Well, you really need to make an offer that you can afford and one that you think is a fair offer to the homeowner.  So if their list price is accurate, you may want to come in close or at list price.  If they’re priced competitively you may even want to come in above list price.

Your REALTOR(R) can offer advice, but ultimately the decision is YOURS.  Put yourself in the seller’s shoes and think how you would feel if someone offered what you’re going to offer on the house.

Lastly, you may want to take a few minutes time to pen a handwritten letter telling the sellers about you and your family and how you’re looking to forward to making their home yours.   Make it personal, tell your story.   It may make the difference if a similar offer comes in.

Best of luck!

– Wayne and Jean

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Comments on: "Dear TZ – What’s a good price to offer on a house in Union County?" (1)

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