When it comes time to determining the dollar amount of your offer, your
RE/MAX associate can provide information on the prices of similar homes
that are currently on the market and those that have sold recently in the
surrounding area. Then you'll be better prepared to make an informed decision.
Find out how motivated the seller is. The house may have been on the market
for quite some time and the sellerr may have other obligations. Find out if
the asking price has been reduced. It's also good to know when and for how
much the sellers purchased the home. Owners who have accumulated considerable
equity will be willing to bargain more than those who may be faced with an
overall loss.
You'll probably wish to make an initial offer that is lower that what you
would actually be willing to pay.
Once you have decided on the initial price, terms and conditions, your RE/MAX
associate will communicate your offer, sometimes known as an Offer To Purchase
to the seller or the seller's representative on your behalf.
