A trusty and experienced agent could spot when a buyer – despite making a low offer – is smitten with the house and are willing to raise their offer.
a.) Number of similar homes on the market.
b.) Number of similar homes sold and closed since the listing’s inception.
c.) Number of listings that expired unsold.
d.) Number of pending transactions.
e.) Number of new similar listings (your competition) with the data sheets and pricing
By knowing all these information, you would have an wise estimate on the lowest and highest price you can expect.
