Vegas Real Estate

Conditions that can effect your offer

Market conditions

Property condition & features

Location

How much do you want the home?

Property condition & features

When making an offer consider the condition and features of the home. Generally, your Realtor will run comps to show you the sales activity surrounding the home you are interested in purchasing. These comps will show a high and low end of what similar houses have sold for. 

Usually the low end of what homes have sold for will have less upgrades and features, and probably were in less than adequate condition compared to a home that has sold in the high end of these comps. If you find that the condition and features of the home are less than adequate, but is priced on the high end of comps, it would not be uncommon to offer a lower price that would better reflect the condition of the home.

On the other hand, if the property has lots of upgrades and better features, and is in excellent condition, it may very well be priced at or above the high end of the comps.

So, be sure to consider these important factors with your Realtor when writing up an offer to purchase your next home.

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Written By The Roberts Team