To write a practical contract on a home you covet can be difficult. Why? Because we’re trying to blend deep personal emotions and sound business principles at the same time.That’s the
The Art of Making An Offer
Dated: December 15 2021
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To write a practical contract on a home you covet can be difficult. Why? Because we’re trying to blend deep personal emotions and sound business principles at the same time.
That’s the reason we work so closely with our buyers to ensure that, regardless of how much they want a property, they don’t lose sight of negotiating the most value for the most acceptable price.
First question: Will this be a “home” or an “investment”? A "home" is where you plan to live for five years or more while covering all the family’s needs and expenses along the way. At or near the top of your list are commuting, schools and proximity to all necessities and conveniences.
If this purchase is an investment, you’re looking at the numbers, paint colors, custom features and any touches that make the property more appealing. Personal preferences do not matter. You’re evaluating where the property ranks in the local real estate market and its potential return in the future.
today’s market of historically low inventory, sellers are in the driver’s seat. We work very hard to negotiate the best deal possible for the buyers, but it’s not uncommon to pay over the asking price, even the appraisal, to obtain your “dream home.”
At Georgia Move, we provide you with comparables on every showing. When you express interest in a property, we run the numbers. We scour numerous locations, square footage and prices while also evaluating age, upgrades and unique factors, among other considerations. We then provide you with a high and low estimate for your property of interest.
From there, the next steps are yours. Should we write the offer in the range we submitted to you? Higher than that range? Lower? We’ll also familiarize you with the market in your preferred area and the likelihood of multiple offers.
Although many agents focus solely on price when writing a contract, we know from our experience that anything can be negotiated (among them: new roofs, water heaters, HVAC systems and more).
Stephen Molloy & Hannah Moore
As a five-star, top one-percent, award-winning real estate agents, Stephen & Hannah has helped clients buy and sell more than 850 homes throughout Georgia during the last nine years. By working closel....
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