From Condos to Mansions - Edward sells them all!
"I must say working with Edward was a wonderful experience. Even though we had listed a low-end condominium for sale, I felt that as if Edward still treated us as if we were a high-end dollar client. He seemed to go the extra mile in helping us sell our unit. All phone calls and questions were quickly answered. Also, we felt like Edward thoroughly researched the area to price the condo accordingly. I will definitely recommend Edward to family and friends, and it will be a pleasure to work with him again in the future."
Chris and Jill Henderson, Dell
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Making An Offer >Evaluating the First Offer
Your dining room table is the scene of high drama. Your home has been listed for sale for six weeks, and finally, the first offer has come in. You are meeting with the agents, and are very excited until they mention the price--it is a lot less than you expected.
Before you feel offended, however, remember that the first offer is often just the beginning of a negotiating process. Your agent can help you weigh the good and bad points, evaluating the price in relationship to the terms or conditions of the sale. Sometimes an offer with a low price can look quite attractive once you understand all of the terms. If you are willing to make some compromises, the buyers may accept a counter offer that will give you more money. A lower price from highly qualified buyers may be better than one from people who may have difficulties with financing. Keep in mind that your first negotiated price is often your best price!
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| Q |
How much does a celebrity's name boost the price of a property?
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| A |
Typically no more than 5 percent, but there are exceptions--the greater the fame, the higher the price!
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See More Real Estate Trivia > |
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