Dialogue

• Looking to buy a house? Let's talk about making an offer below asking price!
• Did you know? Before COVID, 75% of houses sold privately were discounted!
• Yep, that's right. Discounts typically ranged from 4% to 6%.
• But what about now? In late 2021, the median discount was 2.8% in major cities.
• So, where does that put you today?
• Aiming for 5-10% below asking price is common in balanced markets.
• But wait, there's more to consider!
• Market conditions are crucial. Is it a buyer's or seller's market?
• What's the property condition like? Needs work or move-in ready?
• How long has that house been on the market?
• Don't forget to check comparable sales in the area.
• And, most importantly, what's the seller's motivation?
• Remember, there's no one-size-fits-all rule here!
• Every property is different, and so is every market.
• Get insights from your real estate agent. They'll help you craft the perfect offer.
• Want that dream home? An informed offer is your first step!
• What's your strategy when making an offer? Tell me in the comments!
• How much below asking would you offer if you were buying today?
• If you found this helpful, like and share for more tips!