Your First Buyer Is Your Best in South Jersey
by: Jeff Quintin, on May 23, 2016 - Home Seller Tips
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In our marketplace, inventory is extremely low and demand is increasing. Multiple offer situations are likely. Additionally, spring is the busiest real estate season of the year. Needless to say, the South Jersey housing market is hot!
In real estate, 99% of the time, your first offer is your best offer. It’s not about where you start, but about where you end up. The average sale price is about 94% of listing price. If that first offer is 94% of the asking price or even higher, remember that’s the sale price average in our area.
If you’re thinking about buying or selling a home in the surrounding area, give me a call or send me an email. I’d be happy to answer any questions you might have!