Maine Real Estate For Sale !


"Can I Make An Offer On That Maine Real Estate" Or "How Much Should I Offer For The Property?"


Buying Maine real estate for less money than the number scribbled on the price tag hanging from it.

In castlethirty years of listing, marketing, selling Maine real estate this question comes up often. Many times it is asked in a way to suggest isn't there a formula written somewhere in a book explaining offers are always blank amount? As if the real estate buyer and property seller are reading from the same manuscript, rule statutes, applying the same logic and bound by the same axioms. It does not work that way.

     And like people, property situations and their price tags are all different. The seller may owe more than the property is worth and is upside down hoping someone rescues him. He may not consider a short sale negotiating process with a mortgage holder if there is one. And is bent on getting a chunk of change from this real estate sale. Do you want it that bad to fix his real estate wagon by peeling off more large denomination bills to make that seller's dream come true? Is the property worth it to you..forget what the listed price is.

      To help the property owner hit a real estate home run by delivering a big fat easy to hit pitch. Is that your game plan?  If a real estate buyer right off the bat has a little talk with himself, herself to remember you should never get so attached, fixated on a property that money is no object, much of the emotional upheaval if the seller bursts their bubble to "steal" the property can lessen or be eliminated. Usually the buyer does not HAVE to buy. And if you remember that in many cases the seller is not obligated to sell for less. He may have wanted more than the listed price and emphatically told his real estate broker in a harsh tone as he reluctantly went along with it saying that figure is firm, set in concrete. No ifs, ands or buts about it.

Don't even bring me anything less to consider or off with your head. He may be luke warm on selling at all too.

And you may be looking at a specific performance case to make, force him sell if he decides"no thanks" because of all your interest and admiration in his castle, his dump, land, farm, lake front, whatever being peddled... Regardless if you pay the listed price or not.

     In Maine with 30, 40, 50 thousand dollar residential properties common, not much room to drop 20 thousand dollars like the case of a 1.4 million dollar price property in the city, on the west coast. Many times the real estate price is the price. No haggling. You pay what the real estate tag says or move along, waiting for a seller with more motivation, pressure or a clock ticking to let a similar property go for less. Or you come back to the same property months, years later when the seller's health, job, family, marital situation makes him a whole different cat to deal with across the real estate negotiating table.

     maine run down homeWhat is the least a real estate seller, owner will take for the place depends on the time period it has been on market, their personal situation or desire to move. Knowing the dynamics of why the seller has that red, white and blue real estate sign on his lawn and those ads, blog posts, videos running in rotation is key to getting inside his head to figure out what YOU might do if you were that seller.

     And remember just because you decide to bite the bullet and pay the listed price, that is no guarantee you are the new, soon to be owner. The contigencies in your contract, the time period to close, size of your deposit and your history with the owner can play in to the real estate script on how this movie ends.

     If you the real estate buyer go in saying offer 20% of what the seller wants to find a bottom line, a common meeting crowd, you may burn all your bridges in one fell swoop. The seller is insulted, takes it personal that you are the last person he would sell to with your laundry list of all the things wrong with the property. You know, the letter you wrote to accompany the skinny "where's the beef" offer that outlines how lucky the owner is that you came along to take the damaged tainted property no one will ever want off his hands. For a big discount. And remember when toying with offers on real estate you really want, are excited about. You can pay more than the listed price to assure you get it. But that is a real estate multiple offer situation that is another subject for a future real estate blog post here on Active Rain.

     Maine REALTOR Andrew Mooers, Broker | 207.532.6573

Log on

youtube icon chicklet,mooers realty youtube videos  twtter icon chicklet,mooers realty twitter  flickr icon chicklet,mooes realty flickr photostream  facebook icon chicklet,mooers realty facebook page  linkedin icon chicklet,mooers realty linkedin activerain blog rss feed, feed icon mooers chicklet blogger icon chicklet,mooers realty blogger site wordpress icon chicklet,meinmaine blog digg icon chicklet,digg mooers realty  google ning chicklet   mooers realty tumblr site  maine listings real estate logopinterest logo chicklet




Comment balloon 2 commentsAndrew Mooers | 207.532.6573 • January 12 2010 07:46AM
"Can I Make An Offer On That Maine Real Estate" Or "…
Buying Maine real estate for less money than the number scribbled on the price tag hanging from it. In thirty years of listing, marketing, selling Maine real estate this question comes up often. Many times it is asked in a way to suggest isn't… more
Maine Real Estate Broker Lists, Markets, Sells Property But What Is…
Who is this Maine REALTOR Andrew Mooers? Where did he come from, how did he get there, what is he all about? Your real estate story. Have you written it or better yet made a career real estate video verbatim without script or copy, off the cuff? Why… more
Your Doctor Has 300 Million Patients.. Is It An Issue If She Struggles…
Does size matter? The size of your doctor, your kid's athletic physical education teacher? Is the country picking on over weight people? Is the problem our drive thrus and western diet and hurry hurry pace of life? Do overweight… more
Dell Computer Continues Poor Service, Deceptive Sales Practices And…
Bigger is better. Not necessarily. Whether a business is big or small, standing behind the product and any rebates offered to entice you to buy is key. Whatever widget or service a company sells or provides, follow thru when a screw up happens… more
(Loud Chainsaw Sound, Blue Smoke Smell) "Ouch, They Cut My…
"Price reduction on Maine real estate in aisle 6! We have a Blue Light Special for a limited time ME property shoppers! " Everyone likes a bargain.. take a gander at this home on 49 Spaulding Lake Road, Oakfield Maine 04763 The Maine… more
436 ActiveRain Real Estate Blog Comments… Wow.. That Is Some Kind Of…
Reading a blog headline that catches your fancy, gets your attention is one thing. Getting the online blog post reader to finish it is another. And to poke them hard enough so they stumble in to the comment bar and contribute their two cents of… more
A Real Estate Newspaper Ad In The Hartford Courant, Boston Globe, NY…
It's the 1970's -1980's and a Maine real estate broker plants a sign, lists a property. Ads in some large outside newspapers run over a weekend campaign, brochures printed up for tourist information centers and some direct mail and then wait… more
Ah Excuse Me… (Clearing Throat Nervously) Could Someone Help Me…
You are working on your Joomla real estate site and an error message appears.. lots of them. As you add another extension. Oh oh. Sometimes the error is due to a "unzip me" file in the zip file you download to that Joomla site. Many… more
Ever Think Of Food As Vital To The US's National Security. Think…
Money in the bank if it won't buy anything has little value, is only good for starting a fire. When you really reduce it down to what you need.. the Lexus, Rolex, Hummer and a box full of precious jewelry is not that useful. The condo is the islands,… more
Maine, Ready To Move To 35 Bates Road, Linneus Maine And Own A Nearly…
Buying a Maine farm just makes sense. You have to eat, you can grow food you know is healthy. Wholesome, tasty and you planted it. Watched it grow. Nutured it to harvest time. It came from the back forty acres. Not from halfway around the world… more