Should Your Agent Tell You How Much to Offer for a Home?

Many home buyers rely on their agent's advice, and expecting a buyer's agent to pick a home offer price is a crucial expectation of most home buyers.

Sometimes, I have a very strong feeling what the sellers may accept. That's because I've already spoken to the listing agent, probed for seller motivation, asked about other offers and run the comparable sales.

I check out the listing agent's performance as well. For example, if the listing agent hasn't sold very many homes, it is entirely possible that listing agent might be very motivated to move the property.

Moreover, buyers generally base a sales price on the homes that are available for sale, which doesn't necessarily indicate the prices of the homes that are selling . . . read more about Home Offer Price.

More Articles by Elizabeth Weintraub:

• Home Buying Negotiation Tips
  
• 10 Tips for Writing Purchase Offers
  
• Making Lowball Offers

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Technorati tag: home offer price

_{At the time of writing, Elizabeth Weintraub, DRE # 00697006, is a Broker-Associate at Lyon Real Estate in Sacramento, California.}