Warren County Ohio Real Estate News and Observations: Sometimes You Overpay And It's Okay

Sometimes You Overpay And It's Okay

For most homebuyers, it's critical to get the best possible price on their next home.  That's part of the service I provide as their real estate agent.  I'll analyze the current market and past sales.  What SHOULD be the right price for the home they're considering.  And if there's ANY chance that they'll need to sell the home in the near future, getting the lowest price is even more essential.

But sometimes, getting the lowest price is NOT what the buyer wants, and may not even be in their best interest (say whuuuuut???)

Sometimes, a particular home has to be THE one.

And that home gets the same pricing review from me. 

And the buyers and I will have a frank discussion about that price.

The pros and cons of "overpaying" for that home.

Appraisal risks.

Would waiting for another home to come on the market be a better play?

How critical is their timeline?

Put all that in the mixer and make an informed decision.

And then my job is to execute their desires. 

GET THAT HOME.

And it may be perfectly okay to overpay.

The buyers don't plan to sell.

They've got cash so an appraisal doesn't matter.

They don't want to wait for the next opportunity because this one is JUST RIGHT.

So in this case, my role is no longer about getting my buyers a big savings, but instead giving them the smoothest possible path to holding the keys in their hands.

It's what's going to make them happiest, and happy clients are my goal.

Serving Cincinnati home buyers and sellers,

Bill & Liz aka BLiz

 

Serving Warren County Ohio & Adjacent Areas

 

The Liz Spear Team of RE/MAX Elite
Elizabeth Spear, ABR, CRS, Ohio License SAL.2002007747

William (Bill) Spear, CRS, Ohio License SAL.2004011109  Kentucky 77938
Ask for us by name if you visit the office!

EHO Two locations: Lebanon & Mason, OH
Bill Direct:  513-520-5305
Liz Direct: 513-265-3004     
Fax: 866-302-8418

MailTo:  Liz@LizSpear.com

Search Homes:  Https://WarrenCountyOhioRealEstate.com

Our Website:  www.LizTour.com

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Comment balloon 2 commentsLiz and Bill Spear • September 05 2019 02:24AM

Comments

Good morning Spear Team. Sometimes paying the price for what you want is worth the cost! A hard lesson to learn. Enjoy your day!

Posted by Wayne Martin, Real Estate Broker - Retired (Wayne M Martin) 14 days ago

Good morning Bill. This is thoughtful and on the money. I bought a FSBO in NJ overpaid, knew it and it didn't matter in time.

Posted by Sheila Anderson, The Real Estate Whisperer Who Listens 732-715-1133 (Referral Group Incorporated) 14 days ago

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