A cleaner way to judge what is reasonable
A strong offer starts with the close range, not with wishful thinking. In Red Oak, TX, the typical sold price was $395,000 last month, so that is the number I would keep in view first.
That figure tells me what the market has already accepted, which is more useful than chasing a headline list price. It also helps me decide whether an offer is likely to be taken seriously or ignored from the start.
The typical sold price was $395,000 last month. I would compare that figure against the 98.6% sold-to-list rate before writing anything. In Red Oak, TX, that pairing tells me there is room for negotiation, but not much room for sloppy positioning. Start from the sold number. Keep the offer grounded. Be ready to respond quickly.
The typical sold price was $395,000 last month. I would compare that figure against the 98.6% sold-to-list rate before writing anything. In Red Oak, TX, that pairing tells me there is room for negotiation, but not much room for sloppy positioning. Start from the sold number. Keep the offer grounded. Be ready to respond quickly.
