First-Time Home Buyer Guide

There are many factors that influence the market value of a home. Your agent will give you the insight and information you need to make an offer you’re comfortable with. Some of the factors to consider include:

How long the home has been on the market If the price has been reduced

How much the home is worth, your agent will provide a comparable market analysis Showing the list and sale prices for similar homes in your area if there are multiple offers Other items that might be included in the sale (furniture, hot tub, etc.) The list to sale price ratio, an indication of how competitive the market is for homes in this area Why the seller is selling Once the offer is written, your agent will present it to the seller agent. At that point the seller can accept your offer, reject it or counter it to start the negotiation process. Your agent will work with you to plan a strategy to ensure the most advantageous terms and acceptable pricing for you and your budget.

10 things that happen after an offer is accepted

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