Updated over 7 years ago on . Most recent reply
Making an offer on a multifamily in the Bronx
Looking to put an offer in on a multifamily unit in the Bronx. Supposedly there are other offers. The asking price seems similar to other asking prices in the area, however recent sales from 2016 and 2017 do not support the asking price (the sales prices from 2016-2017 are 100,000 - 150,000 less. How low is too low for an offer on a house in the current market? Is there a better site than Zillow to check for recent sales?
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@Michael M. Is this on the MLS? Are you working with an agent? An agent would be your best resource for comps. Who cares about offering too low, find a number that makes sense for you and offer that.