Sarasota Real Estate Group Homes and Condos for Sale in Florida
  • Home
  • Home Values
  • Sarasota
  • Venice
  • Manatee
  • Charlotte
  • Search
  • Videos
  • Blog
Login
941-357-1027

Sign in to your account

Need to reset your phone number?

Don't have an account with us?

Click here to sign up.

Your Real Estate Search Starts Here

TO
Advanced Search

Address Search

 <<  Negotiating an Offer Pt 1  | Making and Negotiating an Offer | Now Under Contract >>

 

Making and Negotiating an Offer

...Contuniued

Public Records

County public records are usually available on-line and can show other things that might work to your benefit.  Many county clerks maintain a free access site for basic information about people and property which you can search for.  Has there been a divorce filed?  Does the seller have any liens or lawsuits pending against them?  What did the seller pay for the home, how much was the original mortgage, and has it been paid off?  You can’t necessarily put a dollar figure on what you might find but it may clue you in to a seller who is more motivated than they may lead on.

Counties will also maintain a tax roll which can usually be found on line as well.  Does the advertised square footage in the MLS match what the county says?  If there are additions, were the proper permits pulled?  Much of this sort of information is on-line and can be found for free.

Homes without Mortgages

Many times we find homes of retirees who came to Florida years ago and now, for health or other family reasons need to sell.  Quite often these homes will not have a mortgage and the sale of the property is at the direction of a relative.  This situation can work for you as there is no emotional attachment to the property.  They really just want the money.

Negotiating a Real Estate Sale

Don't go in with a take or leave it attitude.  Everyone needs to feel like they got something in the negotiation.  Your initial offer should be part of an overall strategy.  Going into low may be counterproductive.  An owner may dig in early and wind up costing you more than if you came in a little higher.  In other words, don't tick off the seller if they have priced the home well.  Your objective is to buy at a price you would purchase the home for or less.  Look on your negotiation as incrementally pulling the seller closer to your position.  Sweeten the pot a little bit each time you counter.  Many times you can tell how motivated the home seller is by their first counteroffer.

Keep the Good Will

You also don’t want to negotiate out good will.  When you get close, look at that extra couple of dollars as keeping good will in the deal.  Just take it.  Real estate transactions are complex and rely on a lot of people to get the job done.  In this era of increased scrutiny by the lenders, you may get to the wire and find something is not done by the lender or something else is not done to the lender’s satisfaction.  This may require an extension.   If the seller is not happy with you, you might have just given them a reason to kill the deal. You will never know if tough negotiation on your part has motivated the seller to find a back up offer just waiting for you to get blown away.

The Reality of Researching your Real Estate Deal

Your due diligence, best efforts and all the real estate science in the world should get you the best deal.  You might find a seller who wants what they want and the facts don’t count.  In these situations you just have to make a decision that you are comfortable with.  Stick within your bounds.  Sometimes, it’s just not meant to be and you must be prepared to move on.

Cash is King!

Cash offers put you at the head of the class.  Our real estate contracts here in Sarasota have the option of purchasing without any financing contingency.  The best advice for cash transactions is to add an appraisal contingency if there is any concern regarding value.  Short of having the cash or knowing 100% financing is no issue, your position is greatly enhanced by obtaining loan approval before you even look at any real estate.  This is different than a pre-approval in that a preliminary credit report is all that is pulled in the pre-approval.  An outright mortgage loan approval requires you to apply for a loan up front and go through some of the approval process.  You then become the next best thing to an all cash buyer.  The seller will know that if they sign your offer, the house is sold.

We do this Alot

Having rapport with a trusted  real estate professional can be an asset to you.  Every home and situation is different and there are a whole host of other factors that may come into play.  A real estate agent who is the local expert generally will have insight and local knowledge which can only work to your benefit.  We sell homes every month of the year so our knowledge is built to help you.  We have built a system which includes many professionals who work together for you.  We look forward to using our experience to work for you.

Continue on to Now That You are Under Contract >>

New MLS Listings Updated Daily

4245 Fawn Meadows Cir, Clermont image
4245 Fawn Meadows Cir, Clermont $499,900

Welcome Home! This extremely well maintained 4/3 with 3 car garage is in search of a new forever family. Your first impression is the welcoming front porch, with plenty o...

  • 4 Beds
  • 3 Baths
  • Dearcroft At Legends/Legends Master Asso SubDv.
  • 34711 Zip Code
5301 Snead Drive, Winter Haven image
5301 Snead Drive, Winter Haven $354,900

Wonderful Corner Lot featuring the popular Biscayne floor plan with 3 bedrooms, 2 baths and a nice screened in lanai. This home has new solar panels (Feb 2022) which you...

  • 3 Beds
  • 2 Baths
  • Lake Ashton West Ph 01 SubDv.
  • 33884 Zip Code
160 Silver Maple Road, Groveland image
160 Silver Maple Road, Groveland $565,000

This ENERGY EFFICIENT, SOLAR POWERED 3 bedrooms 3 baths home, 2 CAR PLUS GOLF GART and BUILT-IN STORAGE garage and DEN/OFFICE could be yours! NO REAR NEIGHBORS, with S...

  • 3 Beds
  • 3 Baths
  • Cascades/Groveland Ph 5 SubDv.
  • 34736 Zip Code
4910 100th Drive E, Parrish image
4910 100th Drive E, Parrish $399,900

Move-In Ready, Harrison Ranch Home on A Premium Lot! Welcome home to this move-in ready 3 bedroom, 2 bathroom 1,814 sqft home located in the renowned community of Harriso...

  • 3 Beds
  • 2 Baths
  • Harrison Sub H W SubDv.
  • 34219 Zip Code
10279 Julia Isles Avenue, Oxford image
10279 Julia Isles Avenue, Oxford $559,000

A NEARLY NEW REWARDING OASIS PEACEFULLY SITUATED IN THE FAMILY COMMUNITY OF ENCLAVE AT LAKESIDE LANDING THAT IS POWERED BY SOLAR ENERGY : Upgraded features with resort l...

  • 3 Beds
  • 2 Baths
  • Enclave/Lakeside Lndgs SubDv.
  • 34484 Zip Code

Address Search

Like or Share
Loading likes...

SarasotaOne How-To Videos

  • Search, Save, and Favorite your Picks
  • How to Find Foreclosures
  • How to Search Multiple Counties
  • Advanced Search - Tips and Tricks

Buying a Home in Florida

  • Finding a Home in Southwest Florida
  • Real Estate Financing
  • Seeing Your Florida Home
  • Making and Negotiating an Offer
  • Making and Negotiating an Offer Pt. 2
  • Now that you are Under Contract
  • Home and Other Types of Inspections
  • Florida Home Owner Insurance
  • Title Insurance
  • Closing Your Florida Dream Home

Home Buying Tips by Type

  • Buying a New Home in Florida
  • Buying a Florida Foreclosure
  • Buying a Florida Short Sale
  • Buying a Single Family Florida Home
  • Buying a Florida Condominium

Southwest Florida Real Estate

  • Sarasota Real Estate
  • Venice Florida Real Estate
  • Manatee County Real Estate
  • Charlotte County Real Estate
  • Pinellas County Real Estate
  • Hillsborough County Real Estate

Foreclosures

Recent Blog Posts

  • 5774 Stone Pointe Dr - SOLD
  • June 2022 Sarasota Market Update
  • SOLD - 10% OVER Asking - 5325 Murdock Ave, Sarasota FL 34231
  • Meadows Pool Home
  • Three Bed Cul-de-Sac Sarasota Home
  • Belle Villino Condo in Sarasota
  • 4015 Burlwood Rd, Sarasota FL
  • 137 Hourglass Dr, Venice FL
  • 4957 Rutland Gate - SOLD - CASH
  • 7125 River Club Blvd Lakewood Ranch FL
  • Home
  • Advanced Search
  • Custom Market Report
  • Sell My Sarasota Home
  • Buying
  • About Us
  • Featured Properties
  • Contact
  • Foreclosures
  • Blog
  • Our Terms of Use
  • RSS
  • Site Directory
  • Closing Costs
  • Resources

Sarasota Real Estate Group and SarasotaOne are wholly owned registered trademarks - USTPO #5,265,486
Sarasota Real Estate Group
Sarasota, FL
941-357-1027

Sarasota Real Estate listings provided by
Mid-Florida Regional MLS.
Content by John Woodward, Broker
© 2004-2022 - All Rights Reserved

Sarasota and Nearby Homes for Sale

  • Sarasota Real Estate
  • Sarasota Downtown
  • Siesta Key Real Estate
  • Longboat Key Real Estate
  • Waterfront Property
  • Manatee County
  • Charlotte County, FL
  • Pinellas County
  • Hillsborough County, FL
  • Our Real Estate Videos
IDX Real Estate Websites by
• Accessibility • Terms • Privacy