Buyer Tip: Get the Comps Before Making an Offer

by Osman Parvez

Buyer Tip: If you're getting ready to purchase a property and want to make a smart offer, ask your Buyer's Agent to find what sold in the neighborhood recently and what is currently on the market. These are what realtors refer to as the "comps."

Example: The Realty Unique Team has a listing at 205 Agate Way in Broomfield. We've priced it aggressively and it's available for a quick close. The adjacent streets are Beryl, Coral, Daphne, and Emerald. To help a client see the value and make a smart offer, I prepared an investor packet showing sold and currently listed properties on these streets (since June 2005). Click here for a copy.

Most realtors will analyze the market when they are attempting to get a listing, but few will help their buyer clients see the value in certain properties or prepare a competitive offer. Getting the comps is the best way to determine market value for buyers too.

If you are getting ready to shop for a home in Boulder or surrounding communities in Colorado, and would like the services of a Buyers Agent that can provide a sophisticated analysis of value, please contact us. In nearly all buying situations, the services of a Buyers Agent are paid by the seller, so there's nothing to lose. It's the best deal in real estate. We look forward to adding value to your next real estate transaction.

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The ideas and strategies described in this blog are the opinion of the writer and subject to business, economic, and competitive uncertainties.   We strongly recommend conducting rigorous due diligence and obtaining professional advice before buying or selling real estate. 

Please Note

This document contains forward-looking statements. You are strongly cautioned that investment results are subject to business, economic and other uncertainties. There are no guarantees associated with any forecast and the opinions stated here are subject to change at any time. Always consult your financial advisor before making an investment decision.