Eric Cunliffe
Eric Cunliffe
drift larger looks markets offers percent presented smaller tend toward
In competitive markets where two offers are presented to the seller, the one with 20 percent down looks better than one with a smaller down payment. But sellers still tend to drift toward someone with a larger down payment.
knock market price slow
In a slow market you want to price to sell. If you price too high... you'll knock yourself out of the running.
counter hot offer
If you make a low-ball offer you won't even get a counter offer in a hot market.
agent commission lower negotiate seller
The seller can try to negotiate with his or her agent for a lower commission if you don't have an agent. But they aren't obligated.
ask buyer contract says unless
Unless the contract says 'as is' everything is up for negation. Even then, the buyer usually still has the right to ask for repairs or back out of the contract.