3 Things home buyers consider when making an offer
So, you've viewed a great place, now what?
In addition to getting reports on sale prices of nearby comparable homes and market stats from a REALTOR®, there are three major ways buyers can determine a winning bid:
Next, decide how much you are willing to pay for a home. Remember, the advertised price of a house is just a starting point – it may take quite a bit of negotiating to arrive at a final cost.
Tip: The value or disadvantage of certain home features can help or hurt resale, this is where a good REALTOR® can help. In some areas, a swimming pool actually detracts from a home's value and makes it harder to sell. In neighbourhoods with two-car, attached garages, a single-car or detached garage may affect the home sale and future value.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
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