Buyers Target Private Sellers because they save more!

When does it pay to go after a Private Sale or Mere Listing?

When they are negotiating for themselves..

“The average reduction from the private seller’s asking price and the price paid was 8.7% which is a significantly larger discount than the market average of just under 5% over the same period.
“Several people said that they actually targeted private sales because they knew they would buy more cheaply if they didn’t have to negotiate through a professional agent and in a couple of instances boasted that they had saved more $60,000 by buying privately.

What's the logic of that? 

“In all but two cases the buyers considered that they purchased their property more cheaply because there was no agent involved”, he said.

“When asked if they took into account the fact that the seller wasn’t paying an agent’s fee, every buyer surveyed said yes and that they expected to and in most cases did negotiate this amount and more off the price of the property.

“Several of these buyers even stated that the seller willingly offered up that they would look at a lower price because they weren’t paying an agent.

http://www.cprea.com.au/real-estate-accreditation-blog/?bp=23&nid=7717

So if you are selling and you want more; use a full time REALTOR 

David Pylyp   647 218 2414

Cash Back on Closings

Some are now offering Cash Back on closings if you buy with Me. How can I spin this for you?

I know you love this house; Let's take a serious look at the wiring, get the roof inspected, Search the History, Make sure there is a Survey, Confirm your Commitment to Finance on this specific property making sure you can accommodate all the conditions / requirements.

Evaluate How many times this home has been listed. Search the Sales History for how many Price reductions / renewals have been posted to mask Days on Market. Search for similar homes in the same neighbourhood to help you understand the values. Prepare and Present your offer.  Have Offer Accepted.   Select a Lawyer. Deliver Documents.

Order a Home Verified Report.... 

Cash back on closing? Where does that come from?   You signed a Buyers Agency to be represented.   What if the commission offered to selling broker is ONE DOLLAR? Signing a Buyer's Agency means that I keep your secrets, ability and capacity to myself.  The duration of that Buyers Agency is very location and Duration Specific.

I knew you'd love this house... Do you want to go back out and come inside again?