It is a Buyer's Market. Buyers automatically assume that they can offer thousands below listed price . I am an Accredited Buyer's Representative and help buyer's negotiate the price but also advice buyers to be careful and not insult the sellers by giving a list of reasons why they made a low offer. They find fault with every thing in the house. This may back fire. Sellers may refuse to sell the house to a person who criticizes every thing about the house.
If you make a low offer you can make it based on comparable sales and mention a few major repairs that you may need to make but at the same time compliment the sellers about some things about the house.
You can also suggest that you are offering the price based on recent sales and based on fact that you can settle quickly( if that is the case ) or if you are a pre approved buyer.
Hire a Buyers Agent to help you negotiate the price .
When you read about events please check the year for the event as some people find information a year later and think it is for that year. . The posts remain online even after the event.
Gita Bantwal is a Realtor with RE/MAX Centre Realtors in Bucks County, a Northern suburb of Philadelphia. You can view 1000s of listings on her web site www.GitaBantwal.com
She can be reached at 215-343-8200x124 or direct 215-275-8491 or via email firstname.lastname@example.org
If you would like a FREE MARKET EVALUATION OF YOUR HOME IN PHILADELPHIA, BUCKS or MONTGOMERY COUNTY call me at 2152758491
Gita specializes in Active adult communities and is a Seniors Real Estate Specialist. She holds the ABR designation (Accredited Buyers Representative) and specializes in selling to first time buyers as well as move up buyers.Gita also hold the CRS designation , Certified Residential Specialist and the CDPE designation as well. Information about real estate market is deemed to be correct but is subject to errors and omissions and should be verified independently.. Opinion expressed by me or others in my post and comments is not to be construed to be legal advice.I am licensed in Pa. Check real estate laws in your state as they may be different than in Pa.