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Elizabeth's Home Buying / Selling Blog

By Elizabeth Weintraub, About.com Guide to Home Buying / Selling

Choosing Home Offer Pricing

Wednesday July 11, 2007
Although purchase offers consist of many variables, the most important aspect for many home buyers is choosing the home offer price.

Picking the price to offer on a home is crucial, yet few home buyers do their homework beforehand. Most buyers select a price based on the homes they have seen. They compare inventory and list prices to each other, often without asking for crucial information that could have a huge influence on the final purchase price.

Unlike shopping for groceries or clothing, the list price of a home is rarely indicative of its value. Sellers can ask any price they want. It doesn't always mean they will get it or that the price is reasonable. Before making any offer, here are seven elements to examine . . . read more

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© 2007 Elizabeth Weintraub

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