It is a question we get on almost a daily basis. Someone sees a home listed for sale (or rent) on this site and emails or calls asking: Will they take $X for this home? Where X typically equals 20 to 50 percent below the listed price. Here is the only way I know to answer this question. It’s in multiple parts, please bear with me. 1) It’s not our listing: It is highly unlikely that the … [Read more...]
Ask the Broker: Is it legal to place offers on multiple homes?
Sean sent this question in a couple of days ago: Question: There are a lot of bank owned homes up in Anthem - is it legal to place 2 separate offers on 2 different houses? The short answer is yes, it’s perfectly legal (at least in Arizona) to place multiple offers on multiple properties. Your mileage could vary in other states. But, I’d be remiss if I didn’t discuss the potential … [Read more...]
Making an Offer on a Home. It’s not all about the Benjamin’s…

If you read enough Q&A sites, talk to enough people, and listen closely, you will often hear this when people talk about making an offer on a home: “We put in a full price offer and didn’t get the house!” or “The seller’s accepted an offer from someone who offered less than we did!” Most peoples gut instinct leads them to believe that what matters in making an offer on a … [Read more...]











I'm Jay Thompson, and I have a little blogging problem... Welcome to The Phoenix Real Estate Guy, or "TPREG" as I fondly refer to it.