YOUR NEIGHBOR’S NEGOTIATIONS WILL AFFECT YOUR HOME SALE.
By Jo Olson, Retired - HOMEFRONT Realty @ LAKE Roosevelt
Your neighbors left money on the negotiation table. They sold too quickly, took the first offer and closed $10,000 less than they should have. Why? Personally I believe it was their agents fault. The local real estate market is hot in spots and not in others. Even with low inventory, prices in some areas are not escalating like others. I believe that if there is a ready and willing buyer and the seller and buyer can agree on price and terms a real estate transaction should be able to close. It can of course if the terms are cash, but if the terms include financing, as in the buyer needs to secure a loan to make the purchase, it just might not happen. We have that appraisal hoop to leap through. The other day I started to think about how your neighbor’s negotiations could affect your hom...