Purchasers Win and Sellers Win
In this unsettling economic climate, how does a seller price real estate to achieve a winning sell and the buyer gain the prize considered a deal?
Buyers expect a reward to win. Credit worthy buyers are likely able to bring offers that are real and deserve valid considerations. Sellers require a profit to win. Long term owners (those possessing real estate for five to ten years consecutive years or more) are set to achieve success. How do sellers price real estate competitive and get interested buyers, set asking prices high enough to allow negotiations with a range that buyers need to assure themselves they purchased at a discount and sellers achieve a profit?
In 2003 I showed a home reduced in price to generate a quick sale. The established price made the property a superb buy. My buyer customer liked the house and made an offer (87% of list price) on the home. The offer was rejected. When I asked my customer if he would have been satisfied with the purchase price if the home had originally been listed more and he’d offered nearer list price, my customer stated "buying the home at a discounted price was higher priority than finding the right house at any given price point." He refused to pay full list price, despite the fact, the list price was much below comparable homes in the area.
Sellers find it difficult to comprehend that part of the appreciated value in their home has recently evaporated. However, for those selling a home owned for five to ten consecutive or more years, the home's appreciated equity is great enough to permit competitive pricing, room for negotiation, and the seller achieve a profit. When you compare these profits to the worth of stock and retirement portfolios, sellers in South Carolina generally realize fair success in real estate transactions. It is true, some sellers are upside down in their mortgages. However, sellers owning for more than five to ten consecutive years or more, are likely poised for a profit?
If you are an owner with equity to negotiate and a desire to sell, let grace rule and gratitude soar...
Purchasers Win and Sellers Win.
About Robby Milam Robby Milam, Realtor, Master Certified Sales Professional, Asset Realty, Inc., Life Member, Circle of Excellence, Multi-Million Dollar Producer Annually, Lake Murray Specialist, Waterfront Specialist, Executive Homes Sales Professional, Luxury Homes Specialist, Old Homes Listing and Sales Professional
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Local Information for Columbia, SC
Latitude: 34.017105 -- Longitude: -81.010759
Other Area Cities:
Columbia
Cayce
Irmo
Lexington
Forest Acres
West Columbia
Saint Andrews
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Columbia is the state capital and largest city of South Carolina. As of 2006, estimates for the population of the city proper is 122,819. Columbia is the county seat of Richland County, but a small portion of the city extends into Lexington County. The city is the center of a rapidly growing metro area of 703,771. The city's name is derived from a poetic name for Christopher Columbus.
Located just 13 miles northwest of South Carolina's geographic center, Columbia is the primary city of the Midlands region of South Carolina, which comprises several counties in the central portion of the state. As such it is centrally located to the rest of the state. Founded in 1786 as the site of South Carolina's new capital city, it was one of the first planned cities in the United States. The area is often cited for its high quality of life offerings, with its many cultural amenities, parks, and recreational features. -- Source: Wikipedia.com
South Carolina 2000 Census Population Profile Map
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Columbia |
South Carolina |
United States |
|---|
| Population |
116,278 |
4,012,012 |
281,421,906 |
|---|
| Median age |
28.6 |
35.4 |
35.3 |
|---|
| Median age for Male |
27.6 |
34 |
34 |
|---|
| Median age for Female |
29.7 |
36.7 |
36.5 |
|---|
| Households |
42,245 |
1,533,854 |
105,480,101 |
|---|
| Household population |
93,288 |
3,876,975 |
273,643,273 |
|---|
| Average household size |
2.21 |
2.53 |
2.59 |
|---|
| Families |
22,136 |
1,072,822 |
71,787,347 |
|---|
| Average family size |
2.97 |
3.02 |
3.14 |
|---|
| Housing units |
46,142 |
1,753,670 |
115,904,641 |
|---|
| Occupied units |
42,245 |
1,533,854 |
105,480,101 |
|---|
| Vacant units |
3,897 |
219,816 |
10,424,540 |
|---|
Visit US Census
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Robby Milam
Asset Realty, Inc.
1 Whetstone Creek Court
Columbia, SC 29063
VOICE: 803-237-4885
FAX: 803-781-8830
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