Easily Hide Calculations into the Offer To Purchase Real Estate

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How to Hide Calculations into the Offer To Purchase Real Estate

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hi everybody Davis parks Broker of Maxima one Greater Atlanta Realtors and this weeks contract tip has to do with estimates for your buyer and your seller regarding their real estate transaction so whenever if you are working with the public whether youre working with a buyer or a seller as part of your service to them you really should help them calculate what their bottom line costs are going to be with the buyer definitely you are going to want to get the assistance of their loan officer to nail down a lot of the low related costs and so forth and so on for a seller youre going to want to include their payoff cost and other miscellaneous cost like that but again it is not totally up to you to determine their actual bottom line but you should help them determine an estimate so they have some sort of idea as to what it is going to cost them or what they are going to net at the end of the transaction and one of the things that I really want to bring to your attention in this video a

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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

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What do you say to a real estate agent?

What to Say When Contacting a Realtor Work with one realtor. If you are unsure about the terms of your contract, ask your agent. Be specific with how you prefer to communicate. Be realistic. Express your needs and wants. Schedule appointments. Ask questions. Thank them for their time.

Can an estate agent tell you the amount on other offers?

Can you find out other offers on a house? Estate agents are legally required to tell potential buyers of other offers on the property but not the offer amount. So, if youre trying to buy a home and someone else makes an offer, the estate agent must tell you about any other offers.

Why do realtors show houses over budget?

There are several reasons a realtor might do this: To give you more realistic expectations of the features, size, and age of houses that are in your budget. To introduce you to the trade-offs youll be making within your budget (many of the features may be available in the tier up)

What is a cheeky offer on a house 2023?

A cheeky offer is defined as an offer that is between 10-25% below the asking price on a property. Sellers tend to put their property on the market for a higher price. This means that potential buyers can offer a lower amount in the hopes of purchasing a property at a lower price.

Should I look at houses over my budget?

Ideally, you want to find a home within your desired price range, but staying under budget might not be as prudent as you might think. Barbara Ireland, a real estate agent at DJK Residential in New York, encourages buyers to look at properties in preferred locations that are slightly above budget.

Should you negotiate what you pay in real estate commissions?

Why you should negotiate real estate commission. Real estate commissions are absolutely negotiable. Real estate agents are independent contractors, and although they may be tied to paying a certain amount to their broker, they usually have some flexibility in what percentage they can charge.

Do you thank your real estate agent?

The Bottom Line. Letting your real estate agent know that you appreciate them and everything theyve done to help you get into a new home is always a good idea. Writing a thank you note to your REALTOR shortly after closing on your new home is a simple and affordable way to express your gratitude.

Can you offer below guide price?

In general, its considered reasonable to offer 5 to 10% less than the guide price at the start of negotiations. You could even drop your offer to 15% below the guide price if you feel that the property has been considerably overvalued or its been on the market for a long time.

Can you lower the price after offer accepted?

Can you negotiate the house price after the offer has been accepted? Yes, it is legal and quite common, especially if the survey of the property reveals extensive damage, to negotiate a house price after an offer has been accepted.

Should you tell an estate agent your budget?

Should I be upfront about what I can afford? No. Keeping your real budget limit under wraps can put you in a stronger position. But do let the estate agent know that youre interested to see any properties that fit your criteria, even if they cost a bit more than youve said youre willing to pay.

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