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Sugar Land Neighborhoods and Real Estate Guide

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Negotiating Advice for Home Buyers

Here are some helpful tips for Buyers when negotiating a sales offer on a home:

  • Find out the number of days the house has been “on the market” (also referred to as DOM: Days on Market) as well as the pricing history of the home. In Texas, only members of the MLS will have access to this data…it is not publicly available.

NOTE
You cannot use Trulia or Zillow or public tax information to find this information because Texas is a “non-disclose” state on real estate sales figures. Tax records are not accurate sources of real estate sales figure either…the appraised value of a home for tax purposes is usually not related to the actual value or price of the home.

  • Architect presenting home projectAsk the Seller’s agent why the home owner is selling the home. That agent does not have to answer the questions (due to client confidentiality) but typically will. This helps you understand the Seller’s motivation behind the sale.
  • Make sure your Realtor does a Buyer’s CMA (comparative market analysis) to determine the current, probable value of the home. This will prevent you from over-paying for the home and will also prevent you from wasting your time. For example, lender appraisals these days in our area tend to the conservative side. If a Seller is demanding a price that is $50,000 over the current market value of the home, the lender will not loan the money to you to buy it, even if you are willing to pay it. You will either have to come up with the cash to pay the difference, or walk-away from the deal. Better to know earlier rather than later.
  • Do not belittle the Seller or the property to the Seller who has strong emotional ties to the home. As much as possible, minimize emotional responses on both sides.
  • Always make offers or changes to offers in terms in writing…Texas requires written contracts in regards to real estate.
  • If you view a home when a Seller is present, be as friendly and positive as possible. Sellers like to sell to people they like.
  • Do not start mentally decorating the house or arranging furniture in too much detail until you have a deal in writing…be ready to walk away. This is the biggest financial investment you may ever make…stay as rational as possible.
  • Don’t get hung up on a few hundred or even thousands of dollars and lose a deal.  You don’t want to lose a good deal on a $500,000 home over a $300 survey (for example).

Posted in: Buying Home, Real Estate Buying

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sugar land neighborhoods guide

Guide to Sugar Land’s Best Neighborhoods
Free 170+ guidebook to find the best Sugar Land neighborhood for you! Contains helpful tables and data not available on this website. including school lists with current ratings.






 

If you are moving to Sugar Land TX and need help finding the perfect home, then you will want to download the Guide to Sugar Land’s Best Neighborhoods. This 200+ guide lists all of the best Sugar Land neighborhoods, and Sugar Land schools (with ratings), as well as information about the local area expert (Sugar Land real estate agent), Sheila Cox REALTOR. You can also read about Katy vs Sugar Land on my website and get Sugar Land Homes for Sale organized by neighborhood, high school, price, type, etc.

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IMPORTANT: Please read...

  • Texas Real Estate Commission's Information About Brokerage Services
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PRIVACY POLICY: It’s simple…I will not sell or share your info with third-parties. I may email you useful Sugar Land-specific emails from time-to-time to help you, but you can easily unsubscribe from these emails at any time. I am a real estate agent and I may contact you if  you have requested me to do so via a Sugar Land Custom Home Search, a What’s My Sugar Land Home Worth, or one of my other free, no obligation services. If I am unavailable to meet your needs in a timely manner, I may ask you if I can have a respected colleague contact you instead.

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All information on this website is subject to change and should be independently verified...especially before making decisions based on this information. Please note that data on this website is derived from various sources and every effort is made to ensure the accuracy. However, Sheila Cox and Keller Williams assumes no liability or damages due to typos, errors or omissions. No representations or warranties, either expressed or implied, are made to the accuracy of the information herein, or with the respect to suitability, usability, feasibility, merchantability, or condition of any property or neighborhood herein. There is no official relationship between Sheila Cox and any properties or neighborhoods described herein (including but not limited to, owners, schools, management companies, HOAs, and associations) or visa versa.

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Agent: Sheila Cox, Realtor
Broker: Keller Williams Southwest
1650 Highway 6, #350 (Map)
Sugar Land , TX 77478
Phone: (832) 779-2890