Making a Million Dollar Offer

Here we are in July 2006... lots of activity in the Real Estate market. I'm currently working on representing a client looking to buy in the Loch Lomond area (Pt. San Pedro and Peacock Gap) of San Rafael. Homes are fairly higher end out here... not much "fixer" opportunity, and homes are in the $1.1 million to $3 million range. So, there are many "comps" to set high prices. When evaluating a home for a purchase client, I go back 2 years in historical area sales within 10 miles, all sales on the subject street, and a one year "Active, Pending, Withdrawn and Sold" history to get a pulse on all activity... then we look for any challenges the subject property faces and try to come in with the most competitive and logical offer with a fast close, tight financing and try to avoid the ping-pong of counteroffers. Looking to Buy California? Pat Townsley, Realtor. 800-646-5527. www.PTRE.net