Negotiations « 2/2 « How to Not Get Screwed in Real Estate How to Not Get Screwed in Real Estate

Is the agent on your side?

By Larry Schottenstein on December 29, 2009

I was representing a buyer who was ready to offer $960,000 for a home that was listed at $999,000. (from our research it was well priced at $999,000 and a very good deal at $960,000) The home was originally listed at $1.3M and was on the market for over a year so the listing agent [...]

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Should you wait for a better deal?

By Larry Schottenstein on October 19, 2009

I was working with a buyer looking for a nice home in Upper Arlington. They wanted a unique home, which can be difficult to find and they can also be difficult to sell since they may have a limited market. We found an interesting house listed for around $520,000, which is not high end for [...]

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Top 10 Tips for Homebuying

By Angela Murphy on September 29, 2009

A house typically is a family’s largest investment, so buy right and don’t screw up! The purchase can pay off nicely in the long-run, or could cost more than you have. Here are 10 tips to help make a wise decision.

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What is a “low ball offer”

By Larry Schottenstein on August 25, 2009

A “low ball offer” is a real estate term for an offer that is viewed as inappropriate. Some buyers like this approach, especially in a buyers market, because they are fishing for a great deal and use this technique. They are not affraid to make many offers and don’t expect most of them to come [...]

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What to offer on a home

By Larry Schottenstein on August 19, 2009

I am working with a client buying a home between $400,000 and $500,000 in the Gahanna/Blacklick area. When we started he was hyped about getting a great deal. Which is a reasonable expectation in this buyers market. He was defining it by

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