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Susan Weaver
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What is the Right Price to Offer for a Home in Hollywood FL? Learn from Experienced Real Estate Expert Susan Weaver.

What is the Right Price to Offer for a Home in Hollywood Florida? Learn from Experienced Real Estate Expert Susan Weaver
 
 
Once youíve found a home youíre interested in purchasing, the next step is putting an offer on the table. How do you determine that right price for a home in Hollywood Florida? In this article, Iíll show you exactly what you should consider when youíre picking a number for your offer.

Tip 1 ñ Understand the Hollywood Florida Real Estate Conditions

The first step is to consider what the market conditions are. Real estate conditions in Hollywood Florida have had both upswings and downswings in the last several years. Is it a buyerís market right now, or a sellerís market? Is a house likely to sit on the market for weeks, or is it likely to receive multiple offers?

Look into what other similar houses in the area are selling for, both currently and in the last few months. This will give you a good baseline value to base your offer of.

Tip 2 ñ Understand Your Sellerís Mindset

The goal of making an offer isnít to offer market price. The goal of your offer is to make an offer thatís as low as possible that will be accepted by the seller.

In order to achieve this, itís important to understand the mindset of the seller.

One thing to look into might be how long the house has been listed. If itís been listed for several months already, they may be more likely to want to sell for a lower price.

Another thing to look into is how much the seller paid for the property. Although this doesnít affect its current value, it has an impact on the sellerís mentality. If the seller is already making a profit no matter how much they sell it for, theyíre likely to be more lenient. If theyíre losing big money by selling right now, they may be more likely to pinch pennies.

Tip 3 ñ Itís Not Just the Numbers

Your offer must be considered in its entirety. The clauses and contingencies have a big impact on whether or not your offer will be accepted. Work with your real estate agent to craft the best offer possible.

There is a lot of free information available to you about buying, selling or investing in Hollywood Florida real estate. For complete information about the Hollywood Florida real estate market including current homes for sale, property values and more please visit the most complete website online dedicated to everything Hollywood Florida real estate at www.SueWeaver.com. Please feel free to contact me with any of your real estate or mortgage related questions and I will be more than glad to answer your questions. Call me on my cell at 954.668.9056 begin_of_the_skype_highlighting FREE 954.668.9056 end_of_the_skype_highlighting or email me at Sue@SueWeaver.com.

For FREE Instant Email Notification of  Hollywood Florida Real Estate  &  Hollywood Beach Florida Real Estate  short sales, foreclosures and regular listings, as soon as they become available, please visit our website at http://www.Hollywood-Beach-Florida-Real-Estate.com  or email me at  Sue@SueWeaver.com.

For FREE Instant Email Notification of  Hollywood  Florida Real Estate and Hollywood Beach Florida Real Estate  short sales, foreclosures and regular listings, as soon as they become available, please visit our website at http://www.SueWeaver.com  or email me at  Sue@SueWeaver.com.

For FREE Instant Email Notification of  Hollywood  Florida Foreclosures  and Hollywood Beach Florida Real Estate  short sales, foreclosures and regular listings, as soon as they become available, please visit our website at http://www.SueWeaver.com  or email me at  Sue@SueWeaver.com.

Subscribe to my youtube Southeast Florida Real Estate channel at        http://www.youtube.com/user/susierealtor.

Visit my active rain real estate blog at http://activerain.com/blogs/sueweaver.

Read my Southeast Florida Real Estate Blog at http://www.southeastfloridarealestateblog.com.

And my Florida Beaches Real Estate Blog at http://www.florida-beaches-real-estate.com/

My other websites:

Hallandale Beach Real Estate:   http://www.Hallandale-Beach-Real-Estate.com

Fort Lauderdale Beach Real Estate:  Http://www.Fort-Lauderdale-Beach-Real-Estate.com

Sunny Isles Beach Real Estate:  http://www.Sunny-Isles-Beach-Real-Estate.com

Posted on August 31, 2012 at 2:04 pm by Susan Weaver

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