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Buying For Sale By Owner Real Estate in Ann Arbor Michigan
- Real Estate Relocation
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“For Sale By Owner” homes very often overpriced
No-one denies that, on occasion, you can negotiate directly with the sellers and save money. However, most buyers assume that if they buy directly from an owner they will get a lower price. Since the owners wouldn’t have to pay a commission, they could pass along their savings to the buyers. But why would they want to? Most sellers don’t take on the burden and expense of selling their own home so they can give buyers a better price. They do it to pocket more money for themselves. Ann Arbor real estate sellers are no different!
In fact, as often as not, people selling their own homes overprice them. They’re hoping to find some “bargain-hunting” buyers who will be hoodwinked into believing they are saving money because there’s no agent involved. In addition, even if the home appears to be priced right, it may suffer from hidden defects. Buyers moving in from out of town to Ann Arbor Michigan are the most vulnerable to assessing the value of For Sale By Owners. The home may be a steal compared to house prices in their home town, but may not be a good deal here in Ann Arbor Michigan.
How do you buy a For Sale By Owner without getting hurt? Use a Realtor! Once you request a FREE “Relocation to Ann Arbor Michigan” relocation package (click on link above) a top Ann Arbor Real Estate agent will contact you and send you information on homes in Ann Arbor Michigan. He or she will also be able to show you homes that are not listed and help you negotiate a great deal on any home, whether the home is traditionally listed or listed by an individual owner.
Choose a real estate agent with experience to help you!
Many buyers start their Ann Arbor Michigan home search randomly. They see a home listed on a Ann Arbor Real Estate site and in their initial excitement call the listing agent. Firstly, that agent is already working for the seller and cannot represent the buyer’s best interests. Secondly, you have no idea about the agent other than the fact that they have the listing. Real estate sales follow the same 80-20 rule found in most fields. Eighty percent of the agents do 20 percent of the business, and the top 20 percent of the agents do 80 percent of the business. You need a Ann Arbor Real Estate agent with a proven track record of not just sales, but of helping buyers. Ann Arbor Real Estate agents referred by New Quest have experience in helping buyers relocating to Ann Arbor buy a home for the right price!
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Ann Arbor is a city in the U.S. state of Michigan and the county seat of Washtenaw County. As of the 2000 census, the city had a total population of 114,024. Supposedly named for the spouses of the city's founders and for the stands of trees in the area, Ann Arbor is best known as the location of the main campus of the University of Michigan, which moved there from Detroit in 1837. The city's economy, which was once noted for production of agricultural implements, carriages, furniture, pianos and organs, pottery, and flour, is now dominated by education, high-tech, and biotechnology. Average home prices and property taxes are well above the state and national medians. The city is also well known locally as a destination for dining out and entertainment, as it contains a wide and eclectic variety of restaurants and performance venues. -- Source: Wikipedia.com
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Census Data for Ann Arbor, Michigan
| Ann Arbor | Michigan | United States | |
| Population | 114,024 | 9,938,444 | 281,421,906 |
| Median age | 28.1 | 35.5 | 35.3 |
| Median age for Male | 27.4 | 34.3 | 34 |
| Median age for Female | 29 | 36.6 | 36.5 |
| Households | 45,693 | 3,785,661 | 105,480,101 |
| Household population | 101,635 | 9,688,555 | 273,643,273 |
| Average household size | 2.22 | 2.56 | 2.59 |
| Families | 21,708 | 2,575,699 | 71,787,347 |
| Average family size | 2.9 | 3.1 | 3.14 |
| Housing units | 47,218 | 4,234,279 | 115,904,641 |
| Occupied units | 45,693 | 3,785,661 | 105,480,101 |
| Vacant units | 1,525 | 448,618 | 10,424,540 |
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