If we are not in a sellers market today, there is no question that we will be in one tomorrow. Unless the home has been on the market for 45 days or longer expectations regarding receiving a discount on the purchase price may need to change to be successful. As the market remains hot you will experience a quick, steady increase in value.
When shopping in hot markets like Royal Oak, Ferndale and the Pointe's pricing is everything and we have to move aggressively. Below is a list of some homes that have sold in the past thirty days above or at asking price.
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New ready to move in homes priced right will sell quickly so be ready to 1) Offer above asking price if necessary, 2) Waive appraisal contingencies if we are confident of value and 3) Write a letter to sellers adding a personal touch.
It's also important that you are properly qualified and you should work with a knowledgeable, aggressive Realtor. Let me help you find the right home at the right price.
