|
"We have come across a number of buyers that want to view
properties, and find something they like before they put their
own property on the market to sell. We also have serious sellers,
who are not particularly interested in accepting an offer that
contains a suspensive condition where the buyer still has to sell
their property."
Can you imagine if you are seriously looking to buy another
property and come across your dream home with exactly what you've
been looking for, only to find that the seller is not prepared
to accept your offer, as it contains a condition that you have
to sell your own home?
There's absolutely nothing wrong with making an offer with a
condition that you first have to sell your property. However it's
highly recommended that before you do, you ask your agent to give
you a fair and realistic value on your own property, so that when
you do find a seller that's prepared to accept your offer with
a suspensive condition, it doesn't come crashing down when you
cannot sell your own home because you expected more money than
what buyers are prepared to pay.
One must be very realistic and understand that market forces
will prevail and that you will have to pay a realistic price for
the home that you want; and on the other hand you will also have
to accept a realistic price for your property, otherwise it won't
sell.
There are buyers that are "over optimistic" about what
they can get and go in making offers that are low on properties
that they would like to buy, but would not accept a realistic
offer on their own property. You can't buy cheap and sell expensive.
If you want to buy before you sell, do your sums. After all it
is the buyers and not the sellers that dictate the property price.
Free booklet on Pricing Your Home Right call ANTHONY VAN DER
RIET - CELL: 082 659 3431
|