Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 10 years ago on . Most recent reply

User Stats

3
Posts
0
Votes
Brad Ickes
  • Somerset, PA
0
Votes |
3
Posts

For sale by owner help

Brad Ickes
  • Somerset, PA
Posted
I am in the midst of a deal currently on a for sale by owner duplex. I am rather new to investing and have more of a construction background than the real estate side. The biggest question and maybe the easiest to most that I have is what is the best way to find the market value prior to submitting an offer for this property? My issue is that I have known the owner my whole life which I feel as though makes it hard to negotiate. I am working with a realtor on other deals so I am not sure if I can ask them what they feel as though it would go on the market for or not. I know this house needs some obvious repairs which the owner either doesn't realize or is in denial of and I plan to have a home inspection done to negotiate off of but am still finding it hard to figure out the baseline. This owner has no idea what the value is and I feel she thinks it is higher than it's worth. Any help on how to proceed would be appreciated.

Loading replies...