A Home Buyer's Representative Agent Will Guide You Through Negotiations

Many of the First Time Home Buyers who are in the market today are facing losing out on many offers prior to finally winning the bid for the house they will buy. I have worked with quite a few lately who have been in multiple offer situations on properties. In this market many buyers are coming in thinking they are not going to have any problems finding a house to buy and that they are going to get a great deal on that house. They have read all the articles about so many foreclosure and short sales that they feel they are truly in a wonderful position to bargain their way into that Sweet Deal! But reality often hits when that first offer is not accepted and the house goes to another hopeful home buyer.

I have lived with many buyers through this disappointment and can tell you from experience that they often lose out because they are being advised by friends and family to start really low. Now, on some houses this might be a good strategy but on other's it can mean not having a chance to get the house at all. You see not everyone will play that low ball game and not everyone will come back to multiple offers with a highest and best reply. Some houses are priced right for the market because the owners want to move and their real estate agent has told them the current market value so they have priced the house accordingly. How will you know what to offer on any individual house? What can you do to increase your chances of winning in this game? Working with a Buyer's Representative can give you the information and experience to make informed choices.

I know Grandpa Jones said that he would never pay asking price for anything but the house you want may require you to do just that. I am aware that your friends managed to get a real deal on the house they bought but perhaps the asking price was too high to begin with so they were able to bargain down because of that. Each house and each buyer is unique. Finding the right combination of house, condition, price, and location will be so much easier with a guide and knowing how much the house is worth is invaluable as you plan your bid.

Paddy Pizappi, Associate Broker for Buyer Representation
RJ Smith Realty - A Real Estate Solutions Company
Serving the Greater Hudson Valley of New York
from Pine Bush, NY at the corner of Orange, Ulster, and Sullivan Counties
For Buyer Tips and Local Information visit www.hudsonvalleyhappeningwithpaddypizappi.com
Call or text to 845-800-7086 or email paddypizappi@realesolutions.com