Jared with The Christiansen Team brings to light something we in the real estate business deal with on a frequent basis. Hope you find time to check out Jared's post and leave him a message. See you in the Rain
After getting Deb pre-approved I showed her some homes in South West Fort Wayne. After four showings we found "the one". She asked if we could see it again the following day, and asked me to bring a purchase agreement because she was ready to make an offer.
I ran my comps and found that the home was priced pretty well for the area. Since we were asking the seller to pay for Deb's closing costs, a survey, and a home warranty, I recommended offering around 92% of list price. I thought that if we offered that we could come to an agreement around 96% of list price and everybody wins. What she said next threw me for a loop.
"I hear what you are saying Jared, but my hairdresser said I should offer 60% of list price. You know. Cause it's a buyer's market."
"What the WHAT?" was my response.
Deb went on to tell me that her hairdresser got a great deal on a home a few years ago. She said that she bought it for around 60% of list price. Yeah, it was listed for $20,000 and she got it for $12,000. It was also in the highest crime rate area in Fort Wayne, it was a HUD home, and it needed work.
I told Deb that if she wanted to get a deal like that we needed to start looking in the same place her hairdresser lives. I also told her that if she was going to take real estate advice from her hairdresser that she should start taking hair style advice from me, and that next time she needed her hair did to CALL ME! I'll do it! I have a set of clippers!! Plus I'd probably be a lot cheaper. :)
We shared a laugh, and she came to her senses. We ended up getting the home for a little less than I expected and everybody ended up happy. Oh, and her hair LOOKED GREAT AT CLOSING!
If you are in the market to buy a home in ANY area (not just Fort Wayne), please do yourself a favor and trust your Realtor®. It's our job to know the market inside and out, and it's our job to get our buyers a home at the best possible price... but probably not for 60% of list price in most cases. Thanks for stopping by!
Whether you are buying, selling, downsizing, or relocating to Fort Wayne...
THE CHRISTIANSEN TEAM CAN HELP!
260.704.0843 or JaredChristiansen@remax.net
Albuquerque Homes and Lifestyle Blog
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John McCormack Owner/Managing Broker, e-PRO
505-980-4576 / John@AlbuquerqueHomes.com
Search Albuquerque Homes For Sale * Search Albuquerque Homes & Lifestlye
If your considering Buying, Selling or Relocating to Albuquerque or Rio Rancho, NM and need a Professional Realtor It would be my pleasure to help you!
Be sure to visit my AlbuquerqueHomes.com website for total access to all available homes in the following New Mexico communities: Albuquerque, Rio Rancho, Los Ranchos, Placitas, Bernalillo, Tijeras, Sandia Park, Cedar Crest, Bosque Farms, Los Lunas & Belen.
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