One of the most important and perplexing questions to answer in real estate is what to offer on a home that interests you. Wouldn't it be nice if there were a simple formula that works in every case? In this episode, we offer our thoughts on what that might be.Video Transcript
hello hello hello hello peeps i make a little dance move with yours preschool pickle lady here diane bro i am the sidekick scum pig randall why thank you i don’t know i like that it’s the happily skunk pizza anyway this is diana randall bro here in prescott arizona coming to you this afternoon to talk to you about with this changing market what to offer when you’re here and you’re ready to pull the trigger yeah you’re not you’re a buyer and you know there’s a house on the market how do you know what to offer how do you know what to offer so the i’m going to cut to the chase here and just tell you the bottom line is you need to have good real estate agents who know what to offer yes no we always always always run a cop first and then we really look at everything and decide hey you know this one was priced a little higher than it should be or this one’s priced just right uh you should have an agent that will always agree to write a copy instead of just diving into and writing an offer right off the bat that’s the first thing always do your homework and make sure your agent will do that due diligence for you and let you know so if you’re looking for some kind of formula oh you always offer five percent class you can’t go buy a formula in this market it’s not like in the 50s where mom and dad would say always go in 10 less sometimes that is the case sometimes that would be a dreadful dreadful mistake yeah so you need to look at uh first of all the home how long has it been on the market is this something that is your dream that you’ve connected to and it’s everything you ever wanted then you don’t want to low ball yeah if you lowball you probably won’t get it yeah if it’s something that makes your heart sing maybe go in a little less yeah um or go in and ask depending on market conditions the competitive situation if we’re anticipating the home may have a lot of um repairs inspection you don’t want to low ball because then they’re not going to be willing to negotiate with you on the repairs i mean they’ve got so many different factors absolutely and you really need to do we strategize with our buyers for every offer we look at all the different factors there are times when we tell people you’re going to have to go well over asked this is about where you know you need to go there are other times when we tell people this one’s been sitting a while they haven’t adjusted they’re asleep at the wheel we think you can not uh knock them for a bit and we come in lower their times i can think of at least a couple of transactions where you know this listing agent has underpriced this home and they don’t know it yet we need to get the offer do full and just go just move fast and everything in between it really depends on the situation and you really need to have some agents who can help you strategize that way it’s all about strategy it’s not formulaic you can’t say a plus b and we’ll get this no every house every property is different every house may be on market days on market maybe longer maybe shorter that all comes into play as well sometimes if it’s been on them for a while you might have some wiggle room and you can go in a little bit lower yeah you know it’s all just a strategy strategy strategy and the situation you got to know the situation you know oh there’s a building project right around the corner that may affect property values how does that play into what we offer you know you got to look at all that stuff and so you need to have agents who are educated they know what’s going on in your current market uh what’s going on uh with this particular neighborhood versus this neighborhood what can i expect so try to get an agent who’s willing to strategize with you let’s sit down over coffee let’s really look at this in depth and get you the offer that you will win that’s right especially if it’s the home of your dreams and why not just get the home to get the home at the best price right so we would like to think and we know that we are the team for you to help you strategize and get you the best deal and just a word of warning i wanted a warning we do a fair number of listings as well and if we have a buyer agent that comes in and we know that person’s not particularly savvy you’re gonna lose value i mean we’ll we we know how to adjust what we do for the seller for that so if whether we’re the selling agents and someone else is the selling agent if that selling agent knows what they’re doing and you have an agent that doesn’t that is a distinct disadvantage make no mistake yes so we hope that if you’re thinking about buying or selling give us a call we love to strategize sit down over a cup of coffee make it happen and lay out a really good plan of action that’s what it’s all about is getting you the best deal on either side and making it happen that’s right all right my friends if you need more information you can go to our website at pickle411.com whether you’re a buyer or seller or somewhere in between that is the place for you they have free information there that will rock you out it’s true i know why there are some times on my name yeah i go by and i watch videos of myself in a moment well i don’t do that i i don’t do that at all but the website is pretty healthy that’s pretty good it’s a lot there i’ve gone there sometimes i forget what it put on there yeah so anyway we hope to hear from you soon and we’d love to plan and strategize with you on your next steps take care and have a wonderful day bye
