How To Approach That Over-priced Listing You Want to Buy-Barrington Real Estate

By
Managing Real Estate Broker with Barrington Realty Company 471.000044

How To Approach That Over-priced Listing You Want to Buy-Barrington Real Estate

We've seen a number of Barrington homes together, some below your budget, some spot on the budget and others above the budget. You've narrowed it down to a short list and we've been for a second showing on the favorites. Sitting high up there on the first placed podium is the over-priced favorite.

You know - the one with the fabulous kitchen, larger than large master bedroom, sumptuous bathroom and the list of wants and needs has almost all been checked off. Your new home in Barrington has been found. You asked for the data to see how much the property should be sold at and clearly it is over priced for the market, so what are you going to do? Should you try? What will be the strategy for making your offer?

barrington home

Our seller might not be ready for what he considers a low ball offer but if the market tells us a lower price than we should ignore the asking price altogether. It is irrelevant,  and absolutely you should try. I cannot promise you the seller will see that our numbers support our offer and if that happens there is not much we can do. They may make the mistake of rejecting our offer and a year down the line accepting less than you were ready to pay.

We'll come up with an offer strategy based on where the sales price should be, not where the asking price is. If you want to buy the house and it is over-priced don't feel like it is not worth the effort. Try it. To start your Barrington real estate search visit my website today.

Contact:
Corinne Guest
Corinne Guest
Barrington, IL Realtor®/ Royal Advocate Realty
Info@CorinneGuest.com
(847) 363-3686

More information can be found at my Palatine Real Estate website. Research all the villages of Palatine, Deer Park, Inverness and Tower Lakes. Search all the Palatine IL Homes For Sale with no registration required. Sign up for new listings by email.

Providing buyers real estate services in the communities of the Palatine Villages, Palatine IL Homes For Sale, Lake Zurich, Hawthorn Woods, Long Grove and Kildeer.

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Copyright 2010 Corinne Guest All Rights Reserved  - *How To Approach That Over-priced Listing You Want to Buy-Barrington Real Estate


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Ambassador
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Karen Kruschka
RE/MAX Ultimate - Manassas, VA
- "My Experience Isn't Expensive - It's PRICELESS"

Corinne  That is certainly sage advice.  It could be the seller has an agent who didn't know how to price the home and your presentation can bring him to reality

Dec 03, 2010 05:44 AM #1
Rainmaker
335,569
Judy Greenberg
Coldwell Banker Buffalo Grove- 350 Half Day Road - Buffalo Grove, IL
Coldwell Banker - Buffalo Grove - Long Grove Homes

You never know when you have a very motivated seller.  Great advice

Dec 12, 2010 08:48 AM #2
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Rainmaker
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Corinne Guest

Barrington Realty Company
An Independent Barrington Real Estate Brokerage
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