When you find a home you love along 30A, you’ll want to make an offer quickly – otherwise, you could miss out.
But should you offer more than what the seller is asking?
Here’s what you need to know.
Should You Make an Offer Over Asking Price?
Making the highest offer will certainly make you stand out – but it’s not always necessary (or even a good idea). If you’re considering offering more than what the seller is asking, remember:
- Your mortgage payments will be higher than they would if you paid the asking price.
- You might not even have any competition, so it’s possible that you’re throwing away thousands without it being necessary.
- If you’re caught up in a bidding war, don’t let your emotions get the best of you – you could end up to committing more than you’re really comfortable with.
Your real estate agent can help you determine if a home is fairly priced as-is. He or she will let you know how competitive the market is, too, and whether there are other bidders.
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How Much Should You Offer Over Asking Price?
It’s hard to decide how much to offer over asking price (if it’s the right move for you), so you and your real estate agent can work together to come up with a competitive offer. Your agent knows what the market’s like and how likely the seller will be to accept based on different figures.
Before you decide to offer more than what the seller is asking, see if your agent can find out what’s motivating the seller. Sometimes sellers want people to close quickly, skip asking for repairs or meet other conditions, and that can be more valuable than an offer higher than list price.
Are You Buying a Home Along 30A?
If you’re thinking about buying a home for sale on 30A, we can help you. Call us at 850-213-3048 to tell us what you’re looking for – we can help you find it.
In the meantime, check out all our listings or get specific with these links: