Buyers: Q & A Should I Offer the Asking Price or Higher?

Dated: May 15 2024

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Five Factors to Consider When Determining Your Offer Price💰⁠

⁠1. What have similar homes in the area sold for recently?⁠

⁠2. How long has the home been on the market?⁠

⁠3. What is the market like in the area? Is it a buyer's market, seller's market or balanced market?⁠

⁠4. Are there any other offers on the table?⁠

⁠5. At what price would you feel that you "over-paid" for the home?⁠

⁠Remember - Your agent is there to help guide you through these factors and pull relevant information that will help you determine what price to offer, so make sure your offer price is strategic and data driven - That's what i'm here for :)relevant information that will help you determine what price to offer, so make sure your offer price is strategic and data driven - That's what i'm here for :) ⁠

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Angelica Olmsted

Angelica’s path into real estate is rooted in a life full of diverse experiences and a deep appreciation for what “home” means. Growing up as an Air Force brat meant constant moves, and later, h....

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