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How to Determine Your Offer - Pt 2

Last Updated on 11 September 2012 Published on 11 March 2013 Phil
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Comparable Sales in the Multiple Listing Service

Most of the public is aware that the Multiple Listing Service is a private resource where Realtors list properties available for sale. Recently, the public has been able to access some of that information on such sites as Realtor.com, MSN HomeAdvisor, and others.

Once a property is sold and the transaction has closed, the

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How to Determine Your Offer - Pt 1

Last Updated on 11 September 2012 Published on 04 March 2013 Phil
Hits: 1776

Determining Your Offer Price

When you prepare an offer to purchase a home, you already know the seller’s asking price. But what price are you going to offer and how do you come up with that figure?

Determining your offer price is a three-step process.

First, you look at recent sales of similar properties to come up with a price range. Then, you analyze additional data, such as the condition of the

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