Orlando Hooks

Many factors influence the price that a seller expects to get for their home. While only you can decide how much you feel comfortable offering for a property, we can gather critical information for you regarding the factors that impact how much you should consider paying for the home. These factors include:

• How long the home has been on the market
• If the price has been reduced
• The prices for other comparable homes in the area
• If there are multiple offers
• Other items that might be included in the sale – furniture, hot tub, etc.
• The “list to sale price ratio,” an indication of how competitive the market is for homes in this area.
• Why the seller is selling
• Whether the seller is offering an assumable loan or financing

By Orlando Hooks