Question: Home offer too low? or reasonable?

( Back )

Answer #1:

Your Realtor needs to be working for you, not the seller. Ask her if she would sign a "buyer's agent" agreement. Of course, if the house is her listing, she can't. (By law the agent represents the seller unless otherwise agreed upon by the purchaser and the agent.)

In any case, make the offer. There is no other way to know the answer than to ask the question. The sellers might have a fall down in the floor fit. Or they might accept your offer. The most likely scenario is that they'll counter-offer with something in between.

Give it a try! You've done your homework and you can lay it all out for the agent.

Answer #2:

I went to zillow.com and typed in the address of every home that we were interested in. It is not "exact" by any means. But it gives you a better idea:) It also shows the price it was purchased for if the tax records are public in that area. I was looking at homes around 200k and zillow estimated most of them at 160-180. Hope that helps!





** Powered by Yahoo Answers