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Update Dallas | A central hub for market and real estate news affecting the Dallas region.

A central hub for market and real estate news affecting the Dallas region.



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Ask the Expert: What’s the Most Common Question From Buyers? 

May 2nd, 2014 | by The Update
For-sale-sign-closeup-shutterstock_114295243.jpg

Photo / Shutterstock

Joan Eleazer

Eleazer, Joan headshot
A: In a market where homes are selling quickly and the inventory of homes for sale is still low, buyers have a lot of questions. Will I be competing with other offers? If it’s a really good property, do I need to make an offer over the list price to have the opportunity to get this home? Will there be other inventory coming on the market later in the spring? It’s all about being able to find a home now. c: 214.537.5923 | jeleazer@briggsfreeman.com | theeleazergroup.com

Amy Detwiler

Amy Detwiler
A: Buyers are definitely worried about paying over asking price to get a home. But the market conditions remain strong, and we are in an appreciating market. When you’re buying a home in a good neighborhood, your investment is perhaps a little more solid and could justify paying above the asking price. If you find the right house, it could be OK to invest a little more if you plan to stay there. It’s a longer-term, but firm, investment. c: 214.536.8680 | adetwiler@briggsfreeman.com | amydetwilerdallas.com

Wynne Moore

Wynne Moore
A: With properties selling so quickly, buyers are asking a lot of questions about home prices. They don’t want to overpay, and they want to know whether they’ll be able to get their money back when they sell. When I have a client interested in a house that I think is drastically overpriced, I tell them we can put in an offer below asking price, but they must be willing to lose it. It’s a difficult situation. c: 817.781.7060 | wmoore@briggsfreeman.com| wynnemoore.com

Alex Trusler

alex-trusler
A: The biggest question from any buyer is: What do I offer for the property? Buyers are worried about what the market is doing in terms of home price increases, and they want to ensure they do not overpay for a home. At the same time, they don’t want to miss out on the right house because of the low inventory levels – and they worry they won’t be able to find another. c: 214.755.8180 | atrusler@briggsfreeman.com| trusler-seale.com

To connect with an expert Realtor from Briggs Freeman Sotheby’s International Realty, click here.

For more beautiful homes, see briggsfreeman.com. Click here to see the latest in real estate news. CEO Robbie Briggs independently owns and operates Briggs Freeman Sotheby’s International Realty with six offices in Dallas, Uptown, Lakewood, Ranch and Land, The Ballpark and Southlake.

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