When making an offer on a house being sold privately, how much below the asking price should you go? While there's no definitive answer, insights show that about 4-6% off the asking price is typical. But, during the pandemic, discounts have been closer to 2.8% in key areas. Want to know how to strategize your offer? Comment below with your questions and let's dive into the factors that could influence your discount!
Did you know that before the pandemic, nearly 75% of private house sales involved offers below the asking price? Today, a 5-10% reduction is often a good starting point for negotiations. Curious about what factors play into this? Keep reading to learn how market conditions and property specifics can change the game. Interested in strategies tailored to your area? Contact our experts to guide your next big move.
Thinking of making an offer on a private house sale? Common practice suggests starting with 5-10% off the asking price. However, your offer should be heavily informed by factors like the property condition, time on market, and the local comps. For a personalized analysis, send us a message and make your offer stand out.
Has the pandemic changed how much buyers should offer below the asking price? Recent data show a smaller 2.8% discount trend in capital cities. But remember, every property is unique. Adjust your offer based on market conditions, seller's motivation, and comparable sales. What's your approach when placing an offer? Share your thoughts in the comments!
Negotiating a home price can be daunting. While it's common to start with a 5-10% cut from the asking price, the final number can significantly vary depending on your market insights. Don’t guess—get informed. Contact us today for a comprehensive market analysis and make a confident offer.
House hunting? Before you make an offer, understand that discounts on private sales averaged between 4-6% before the pandemic. In today's market, it might be closer to 2.8%. Personalized consultation can give you the edge. Get in touch with our team to strategize your perfect bid today.