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How do I gauge what price to offer on a private treaty sale?

Posted by admin on March 6, 2019
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When making an offer on a private treaty property you should consider where you see value as compared to other similar properties you have looked at. The sales agent will be able to give you some guidance as to what a realistic figure would be, giving consideration to interest from other buyers, the seller’s expectations, recent comparable sales and other properties currently for sale. Many private treaty properties are advertised with an ‘offers over’ figure or even a listed asking price to give you guidance. Note that you are able to make a lesser offer.

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