What is the Right Price to Offer for a Home in Langley BC? Experienced real estate agents have much to teach you. Andrew Szalontai

The next thing to do after finding a property you want to purchase is to make an offer. How do you determine that right price for a home in Langley BC? The purpose of this article is to advise you how to settle upon an offer.

Tip 1 - Understand the Langley BC First, understand the market conditions thoroughly. The current state of the real estate market in this locale Langley BC For the part several years it had both upswings and downswings. Is it a buyer's market right now, or a seller's market? Is a house likely to sit on the market for weeks, or is it likely to receive multiple offers?

Take a peek at similar homes in the same neighborhood and see what they are selling for currently and in the past couple of months. This will give you a basic value of the property to better prepare you to make an offer.

Tip 2 - Understand Your Seller's Mindset

The goal of making an offer isn't to offer market price. Make your first offer low but still palatable to the seller for best results.

It helps to try and put yourself in the shoes of the sells in order to understand their mindset.

Take into consideration the length of time this house has been on the market. Sellers may be willing to accept a lower price if the listing has been on the market for awhile.

Another thing to look into is how much the seller paid for the property. Selling is part mental, even though this does not affect the houses current value, it effects how the seller views their property. When the seller is likely to make money at any price, it's much easier to haggle. If they're losing big money by selling right now, they may be more likely to pinch pennies.

Tip 3 - It's Not Just the Numbers

Your offer must be considered in its entirety. Your offer acceptance can depend upon the clauses and contingencies in your offer. Craft the best real estate possible offer by working with your agent.

A lot of free info is at your fingertips regarding all things buying-selling-investing in Langley BC real estate. To learn more about the Langley BC real estate market including current homes for sale, property values and more please visit the most complete website online dedicated to everything Langley BC real estate at www.YourPerfectHome.ca. Feel free to contact me if you have any question with real estate or mortgage and I will be glad to answer your questions. You can contact me on my mobile at 778.862.5542 or send me an email to andrew@yourperfecthome.ca.

Warmest Regards,

Andrew Szalontai - It's all about service
Langley BC Real Estate   -   778.862.5542
andrew@YourPerfectHome.ca
Remax Treeland Realty

Comments

Printer version

 Tags: Langley BC real estate, langley bc realtor, remax, andrew szalontai

Article's Author

Andrew Szalontai
Remax Treeland Realty
Langley, BC

Contact Andrew Szalontai