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Reply to "what is an "all cash buyer" worth to selling price?"
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[quote=Anonymous][quote=Anonymous]We're about to buy in Bethesda/Potomac, and we're fortunate to have cash on hand to buy the house (just sold our current house ...) What is that worth to a seller in percent terms? I'm thinking maybe it gets us 4-5%? There's one place we're looking at that I think is priced on the high side - I'm hoping we can get it for 10% below asking with a combo of it being priced high and the cash offer - is that realistic?[/quote] What does your real estate agent think is a fair price. It seems like that would be the most useful information. Get your agent to find comps and find a good price to offer. You can always come up, but I'm not sure why you think having cash makes it so much more attractive and thus the seller losing thousands for getting to sell to a cash buyer. [/quote]
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