- Dec 19, 2013
- 10,478
- 9,125
Where in L.A. county? Prices are stupid right now. Bidding wars on every property it seems.
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I know bro, West Covina area
Okay I usually use NT for everything
Currently in the market to purchase a home
and I had a question about how to offer
My previous agent said they look at the last few sales in the division and come up with a price
For the last two years it was three properties in that division that sold for
107k (Right next door) 3B 2Br
106k (Left side next door) 3B 2br
122k (3 houses down) 3B 2br
The property I'm looking at is listed for 135k
What would a good offer price be
Was the 122k more recent?
I would look at other 3brs 2baths in near by divisions that are also for sale to get a good gauge. See what they are selling for.
Two years is too far back to look at comps try to look about 2-5 miles away for the last 3-6 months.
Similar square footage, BR/BA etc.
Speaking as a realtor, this is what any competent one would do.Sometimes realtors can fish around for a number by asking if they have any offers in or offers that were rejected to get you kinda close to the number.
Just hit the market today,Our posts crossed. Ok looks like a flip.
How long has it been on the market? Either way your 120 isnt too far off to at least get a counter.
Damn i need to move down south... all i can get for that price here is a shack. And delaware aint even poppin like that lol
For real. I couldn't even purchase a one bedroom apartment in Boston for that
It's crazy how different the COL is.
I live in the Bay Area and I pay $2,800/month to rent a 3br/2ba house 45 mins away from San Fransisco. $3,000 1 br are the norm for SF/Berkeley. It's wild out west.
Damn bros, looks like someone came in with an all cash offer for the house ... on to the next one.