Understanding how buyers determine their offers is key to setting realistic expectations when selling your home. Cash buyers evaluate multiple factors before making an offer, ensuring the numbers align with a profitable investment. The real estate market plays a significant role, as shifting buyer demand and economic conditions directly impact home values. Location is another major factor—homes in desirable areas command higher prices, while properties near busy roads or less attractive surroundings may receive lower offers. Additionally, buyers analyze neighborhood comps, comparing recent sales of similar properties to gauge a fair market price based on factors like square footage, bed and bath count, condition, and lot size. The cost of renovations also influences a buyer’s offer, as investors must calculate the time and expense required to update the home before reselling it. By understanding these elements, sellers can better anticipate offers and position their homes competitively.
source: https://www.expresshomebuyers.com/blog/key-insights-into-cash-home-buyers-valuation-strategies/
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