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Updated over 3 years ago on . Most recent reply
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Submitting offers on an ultra competitive market?
I am curious how are investor-friendly agents presenting MLS offers in this market?
I am in El Paso, TX and I personally do CMAs on properties of interest to make sure my clients are not over paying once we have to submit an offer and potentially go over the listing price. I find that 2-3 listings for every 10 are being listed at below market price.
Besides leaving contingencies on the table - inspection, appraisal etc... Would be interested to see how some other agents are successfully getting their offers approved.
Most Popular Reply
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@Yasir Einaudi greetings from the Bay Area, CA!
Call the listing agents; build rapport, and frankly ask if their list price is transparent. Otherwise ask if the sellers are expecting a particular number. Make it known you want to make it a win/win deal, the other side likes to be heard and often times will have them eager to work with you once they sense that. That’s from my experience at least :)