Quote:
Originally Posted by retiredguy123
You are definitely missing something. I always want to know what the seller paid for the property and when they bought it. If they bought it less than a year ago, made no upgrades, and now want to sell it for $100 K more, I am going to make a much lower offer. Many of these sellers are trying to get the buyer to pay for the real estate commission when they should be paying it. Also, real estate agents always use comparable sales to value and price their listings. Why shouldn't a buyer use the same kind of information to determine the value of a property?
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OK ... you can determine the value of the property to you, but it is still not going to make someone sell you his home if he wants his price and if you don't pay it, believe me someone will! To me, complete waste of time.