Your Offer Price

Before you set an offer price for a home, the Rush Team can help you complete a Home Market Analysis. The Rush Team Home Market Analysis presents an opportunity to review and evaluate the facts before you make a very important decision.

Our Home Market Analysis will:

  • Show what's happening in the local real estate market right now
  • Show what homes are selling for in the neighborhood and what other buyers are willing to pay for them
  • Show you competing homes in the neighborhood and how their price compares to the home you are considering

This analysis will help you look at the home you are considering to buy in relationship to competitive properties both active and sold.

Factors that should not affect your offer price:

  • The original cost of the property - The price is determined by today's market value, not yesterday's or what the seller previously paid for the property.
  • Opinions of friends or neighbors - Many times people far removed from the market certainly have strong opinions about real estate, but if they are not involved in the day to day happenings, many times myths become facts and cloud reality.
  • Don't assume that you have to start at a number considerably less than the asking price - i.e. "I have always heard that you are supposed to start 10% below the asking price." Typically, if there was that much room in the asking price, the buyer would have the asking price reduced closer to what they expect the home to sell for.
  • Don't do a per square foot analysis - Each home is different in terms of features and amenities despite square footage. Each of us could build a home with the same square footage, but with differing amenities and have totally different prices.

The Rush Team's objective is to provide you with the most current real estate information so that you are able to make an intelligent and accurate decision with your offer price. Our goal as a buyers agent is to advise you on market value and keep you from paying too much for a property based on the analysis that we have done.

Ask The Rush Team


Real Estate Tools

For Buyers... 
Why Buy a Home?
Buyer's Checklist
How to Use Comparable Sales
Your Offer Price...
Financing Your Purchase

For Sellers...
Top 10 Tips For Selling a Home
Making Your House Ready to Sell
Your Asking Price...
Showing Your Home
How to Use Feedback

 

 

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