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Updated over 5 years ago on . Most recent reply

User Stats

9
Posts
1
Votes
Thomas M.
  • Niagara Falls, NY
1
Votes |
9
Posts

Making offers on over priced homes

Thomas M.
  • Niagara Falls, NY
Posted

There is a house for sale in my area that is listed for 60-70k more than it’s market value. The house is in great condition but the sellers think it’s worth the listing price and are almost avoiding the fact that they are pricing their home way over its market value . How do you get a seller to come down to a on their price closer to market value. I know they probably think they are sitting on god but their price is not practical for the area . What would you say/ do to get the seller to come down on their price ?

Most Popular Reply

User Stats

131
Posts
45
Votes
Ryan York
  • Investor
  • Harrison Township, MI
45
Votes |
131
Posts
Ryan York
  • Investor
  • Harrison Township, MI
Replied

@Thomas ModicaAmore I’d say there’s not much you can say. Make your offer and they’ll either accept or waste more money letting it sit. If they’re listing for something that outrageous then they either need a specific number or they aren’t motivated. Either way, shouldn’t affect your offer.

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