A practical read on negotiating when recent closings beat asking prices
If you are trying to decide how aggressive to be before you make an offer, the answer is to stay focused and specific. In Forest Hills, NY, recent accepted deals averaged 103.4% of asking last month, so I would prepare for firm pricing on the right property instead of assuming every seller has room to come down.
The clearest guide for buyers right now is that recent offers in Forest Hills, NY landed at 103.4% of asking over the previous 30 days. A typical sale also took 26 days, which tells me the right listings can still move without much hesitation once they attract attention. That does not mean every home deserves a premium offer. Supply stood at 8.57 months last month, which gives buyers more options overall, so I would separate well-positioned homes from stale or mismatched listings rather than applying the same offer strategy to everything you see. Get fully clear on your ceiling before you tour. Move quickly when a home is aligned on price, condition, and fit. Do not negotiate against yourself on weak listings, and do not drag your feet on the few that are clearly priced to win attention.
About Lissette Abreu
Lissette Abreu is a licensed Real Estate Professional affiliated with Remax Team, specializing in the Forest Hills market. With a focus on strategic marketing and deep local knowledge, Lissette Abreu provides clients with expert guidance in navigating complex real estate transactions. View full profile →