Although the Girdwood real estate market is still a Seller's market in some segments and price points, most of the segments and price points have become quite balanced. As a Buyer, it's not wise to think that you have the upper hand and believe that it is a Buyer's market. Here are some thoughts you may want to consider as you ponder your position when you get ready to make an offer:
- An offer more than 10% off List Price will most likely be rejected.
- You've probably got more choices today than you have had for years. Move on if you're not going to reach an agreement with the Seller.
- You might consider negotiating items other than price, such as repairs, dates, and closing costs.
- If you want to justify your low offer with a list of reasons, make sure they can hold water and are not merely to justify your not wanting to pay market value.
- Lastly, it's a small town.....be respectful when you see the Seller around town.
Enjoy the snow this week!