Should Your Agent Advise on Home Price?

Finding a home to buy is the exciting part, but for many home buyers, deciding on the home offer price is terrifying.

Home buyers regularly turn to real estate agents to ask how much to offer. After all, their agent works that neighborhood, understands the trends and real estate markets, knows what kind of offers are likely to get accepted and can advise them every step of the way, right?

Right and wrong.

As many home buyers will attest, the question of "how much to offer" is commonly met with resistance by real estate agents. What? Why? Is there a reason a real estate agent will not tell you how much to offer? This practice probably doesn't make sense to you, does it?

There are circumstances under which I will advise my buyers on pricing, and also circumstances under which they need to make a decision based on the information provided. Here is what your agent might not tell you: read more

More Articles by Elizabeth Weintraub, click below:

• Avoiding Offer Rejection
  
• Making Agents Work For You
  
• Open House Etiquette

_{©2007 Elizabeth Weintraub}

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