Sale vs Listing Price Leelanau and Benzie Real Estate.com – Buyers Making Real Estate Offers

Sale vs Listing Price Leelanau and Benzie Real Estate.com – Buyers Making Real Estate Offers and what considerations go into the process.

Real Estate Buyers lets discuss  an Offer and look at Sale vs Listing Price!

Buyers always ask “What should my offer be”  Most of the time they want to low ball an offer to see what happens.   Not a bad strategy however there are other considerations.  Are there multiple offers?  Does the property have a lot of interest?  Property was just listed on the market? How badly do you want the property and willing to possibly lose a deal.  Lots to consider.  Homes which have a lot of issues or things that need to be fixed also plays a role.  Homes needing work will be on the market for a while till the right buyer comes along.  Maybe the home needs a lot of work but is a steal at the price.  These things effect the timing and are a consideration when making an offer.  The thing to remember is how will you feel knowing you missed out for only a few thousand dollars more? Your best and final offer should be what you are willing to pay and walk away if not accepted.

Here is an example of the current market.  A graph showing what the listing price vs sale price.  Take a look.  Also note the time of year when sellers get the higher price.  This does not mean you should wait to make an offer if you like something.  Inventory is low and the opportunity could be lost.

Buyer's Real Estate offer
sale vs listing price

What the graph shows is sale price is rarely 5% less than listing price, give or take a little.  Graph doesn’t take into consideration any price reductions that may have occurred.   Best time to buy is probably beginning and end of year if you want to pay less.  What is available at that time and is it something your interested in.  Is it time to make an offer?

Leelanau and Benzie Real Estate.com offering Real Estate Services to buyers looking to buy properties up North in the Grand Traverse, Leelanau and Benzie areas. My hope is you found this blog interesting and informative.

Need help contact visit our website for more information.

https://www.leelanauandbenzierealestate.com

Real Estate Statistics for Sleeping Bear Dunes Area | Leelanau, Benzie and Grand Traverse for 2018

Looking for Real Estate Market Statistics in the Sleeping Bear Dunes Area?  We are here to help let us know what you need.  We have put together the 2018 Stats for the 3 counties for your convenience.  An added bonus is the sold and prices for waterfront in Leelanau, Glen Lake and Lake Michigan…Feel free to request the info for any area or lake.

Leelanau and Benzie Real Estate.com  Servicing the Sleeping Bear Community.

https://www.leelanauandbenzierealestate.com  and go to MLS Search at top of page and scroll down to Market Stats

 

Lake Michigan Waterfront for Sale in Benzie County

Lake Michigan Waterfront Search All the listings all the time. Updated daily!

Lake Michigan Waterfront

Check out this site dedicated to Properties on the Lake Michigan Shoreline in Benzie County home to Sleeping Bear Dunes National Lakeshore.

Enjoy this magnificent area in Scenic Benzie County

Enjoy it’s amazing recreational opportunities in and outside of the National Park.

Make your dreams come true in this beautiful area where you work, play and live  surrounded by nature and pristine waters.

Lake Michigan Waterfront Homes and Lots Available

Lake Michigan Waterfront Homes and Lots NOW Available

Check out this site for waterfront homes on Lake Michigan in Leelanau and Benzie Counties, home to the Sleeping Bear Dunes National Lakeshore.

Lake Michigan Waterfront

Waterfront properties in Leelanau and Benzie Counties Sleeping Bear Dunes

Waterfront Properties in Sleeping Bear Dunes Area

Search various lakes in the area and villages.

Sleeping Bear Dunes Listings

Sleeping Bear
Empire Bluff / Sleeping Bear