I got a great listing in Reston on Wednesday; and it was well prepared. (about 2 weeks). This listing showed very, very well. The first two buyers that looked at it wanted to buy it. We got an offer immediately, and accepted it. It was taken off the market in 2 days.
This is an example of buyers taking advantage of the low interest rates, and other stimilus incentives.
Short Sales....foreclosures....stimulus Plan 2009......I think all this is can quickly lead to a buyer or seller to look for clear, straight advice.Is there a question you want to ask?
In this market buyers are thinking that there are many reasons to ask a seller to discount more than the low listing price. Most retailers are discounting, most of the service industry is discounting, so why can't I get a seller to reduce a homes price to a steal just for me?
Sellers, most of them, are moving and buying another home somewhere else, or find themselves having to sell for economic reasons. The listing price is usually set with expectations to sell quickly. This is not the case if a bank is selling...a foreclosure. Buyers need to be careful thinking that they are a great negotiator when they offer a price much lower than the list price. This will hardly ever result in a serious sale.
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