Utah County Homes Offer to Purchase Pricing Factors - Utah Home Loans

Utah County Homes Offer to Purchase Pricing Factors - Utah Home Loans

There are many factors to consider when you are trying to determine what price to offer for a Utah County new home. Gathering and analyzing information form comparable sales helps to establish the range of prices you should consider. More weight should be given to the most recent sales of like properties in the Utah County local area. Other factors to consider include condition of the property, improvements, the current market, and the circumstances behind the Utah County seller's decision to sell.

When looking for homes for my Utah County buyer clients, I have found that the Seller's Motivation can have a dramatic affect on the price of the home. The most common "Motivated Seller" is someone who has already bought his or her next home or is relocating to a new area. They will be under the gun to sell the home quickly or face the prospect of making two mortgage payments at the same time. Since that can drain a bank quickly, most sellers want to avoid such a situation and may be willing to give up thousands of dollars to avoid the possibility.

Family crises can be a motivation for a seller to make a quick deal. However, when you see a real estate ad that mentions, divorce, motivated seller, relocation, or something to that affect, beware. Many times this kind of ad is designed to generate phone calls and leads rather than sell the home.

There are times when the Utah County seller truly is distressed, willing to make a quick sale and sacrifice thousands of dollars. With the seller's permission, the listing agent will post this information on the Multiple Listing Service. They may also inform other agents during office meetings or by flyer sent to other real estate agents. Provided this information has been made generally available to Utah County Realtors, your Utah County Realtor should know when a seller is truly motivated and when it is just "puffing" designed to elicit interest in the property.

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Posted Friday Aug 21

Robert A. Hulme Realtor, Loan Officer Utah Homes
AMP Mortgage Xpress - Utah Select Realty

Robert A. Hulme Realtor, Loan Officer Utah Homes : Loan Officer in Alpine, UT

Office: (801) 763-1001

Mobile: (801) 885-2586

Loan Officer, Realtor GRI, E-Pro, ABR and BYU Graduate (Marketing) 1989

Utah County Homes Offer to Purchase Pricing Factors - Utah Home Loans

Robert A. Hulme Realtor, Loan Officer Utah Homes AMP Mortgage Xpress - Utah Select Realty

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Robert A. Hulme Realtor, Loan Officer Utah Homes
AMP Mortgage Xpress - Utah Select Realty