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Updated over 3 years ago on . Most recent reply

User Stats

86
Posts
50
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Yasir Einaudi
  • Realtor
  • El Paso, TX
50
Votes |
86
Posts

Submitting offers on an ultra competitive market?

Yasir Einaudi
  • Realtor
  • El Paso, TX
Posted

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

User Stats

52
Posts
28
Votes
Julian Gonda
  • Realtor
  • Bay Area, CA
28
Votes |
52
Posts
Julian Gonda
  • Realtor
  • Bay Area, CA
Replied

@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 :)

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