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Killer Negotiating in a SELLER’S Market?????

 

A thought to all home buyers:

 

Okay, so now the inventory of homes are at an all time low, and we’re looking at a 4 month inventory of homes ..possibly 3. And this is the time that you want to offer a lowball price on a property that you KNOW will have multiple offers.  WRONG!

 

The BELOW than “normal” interest rates to date have made history. THAT IS A FACT.  Lower prices and lower interest rates meant lower monthly mortgage payments.  Those that do not have all cash down have to rely on making ends meet with a monthly budget allotted for a mortgage payment. AGREED? AGREED!!

 

Okay, so now the inventory of homes are at an all time low, and we’re looking at a 4 month inventory of homes ..possibly 3. And this is the time that you want to offer a lowball price on a property that you KNOW will have multiple offers.  WRONG!

 

If you need sound advice regarding the current market value on a home you would like to make an offer on….ask your REALTOR® for current comparable properties.  If your REALTOR gave you good comps and you try to be a killer negotiator, then be prepared to lose that home you really love.

 

 If you really love that home, you give it your best shot.

 

 OR LOSE THAT HOME you really loved.

 

 Sounds like common sense to me.

 

 

 

                                                       

 

Celeste "Sally" Cheeseman  is a Realtor-Associate® and Certified Residential Specialist (CRS) with Century 21 Liberty Homes in Mililani, Hawaii. With a sharp understanding that a listening ear is the key to a client's needs  she serves the island of Oahu (Honolulu County) and all Hawaii Military Relocations, Hawaii Retirees, Hawaii Job Transfers and Hawaii Residents, Home Buyers and Sellers.

 

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Hawaii Real Estate and Relocation Blog.

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Comment balloon 21 commentsCeleste "SALLY" Cheeseman • August 13 2012 09:09AM
Killer Negotiating in a SELLER’S Market?????
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A thought to all home buyers: Okay, so now the inventory of homes are at an all time low and we’re looking at a 4 month inventory of homes. possibly 3. And this is the time that you want to offer a lowball price on a… more
CROSSING OVER THAT FINE LINE
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Why would one professional in the Real Estate Industry step over the line into another’s profession? Not only is it wrong and unethical, but more often than not will kill a deal. Stepping over that fine line will not only create a bad… more