Making an offer is one of the last steps in the home buying process. It lets the seller know that you are interested in the house and can start the negotiation process.
There is no standard percentage below the asking price to make an offer, making it more of a guessing game. Working with a real estate agent can help ensure that you make the best offer and increase your chances of getting the house. It is important that you do not make on offer that is too low, since you can risk insulting the seller who may decline to work with you.
If you are very serious about buying a particular house, hire an appraiser. They will be able to give you a better estimation of the home’s value. You can also do this after making an offer, but make sure to stipulate it in the purchase contract to let the seller know.
For all of your buying or selling real estate needs in Northern San Diego, contact the real estate experts at The Alan Shafran Group. We can help you through the entire home buying process and help to ensure that you make the right offer on the home of your dreams.