One of the signs of the active real estate market here in the Andover area is that we often see multiple offers on a home listed for sale. Yes, that’s correct…multiple offers! If you’re selling a home that’s a nice feeling. For buyers it’s a different feeling. Some buyers are tempted to retreat….fearful of competing with other buyers–fearful of paying too much for a home—fearful of engaging in a ”bidding war.” Others are tempted to jump into the competition and make a needlessly high offer. My advise to buyers in this situation is to study the market with your Realtor. If the home suits your needs , is in your price range and is to your liking….make an offer. But make an offer based on a careful analysis of the market. Your Realtor can show you what similar homes have sold for in the neighborhood or in the Andover area in recent months. Make your offer based on that analysis….not based on what the competing offer(s) may be. Remember also that there are other points to consider in preparing and negotiating an offer. Financing criteria, closing dates, and escrowed payments are other important points your Realtor can negotiate on your behalf. The offer that is ultimately accepted may not be the one offering the highest price. To learn more about buying a home here in the Andover area contact Paulette Zuena at REMAX Partners, Andover, MA.
-
Latest
- Just listed…North Andover home for sale 42 Lacy Street
February 9, 2012
by: Paulette Zuena • listing, North Andover Real Estate
- How IS the housing market in Andover and North Andover?
January 16, 2012
by: Paulette Zuena • Andover Real Estate, market update, North Andover Real Estate
- How to build wealth by investing in real estate
January 9, 2012
by: Paulette Zuena • Andover Real Estate, North Andover Real Estate
- Just listed…North Andover home for sale 42 Lacy Street
Categories
Archives
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- June 2009
- May 2009
- April 2009
- March 2009
- February 2009
- January 2009
- December 2008
- November 2008
- October 2008
- September 2008
- August 2008
- July 2008
- June 2008
- May 2008
- April 2008


