Stacey-Ann's Blog


When To Pay Full Price


Many buyers have the mistaken idea that homes are being sold for tens of thousands of dollars below their list price.  That does happen occasionally but it is important to know that there are times when houses are priced very well and they are actually selling for list price or ABOVE.  It is critical to do good market research and trust the advice of your agent in trying to decide what to offer on a home you love.


When is it ok to pay full price for a house?  If you listen to the national news, you might think it's NEVER a good idea to pay full price for a house, after all, they say it's a buyer's market--the buyer is in control.  However, real estate is local, so just because the national news may be all doom-and-gloom, doesn't mean your local market is.  Secondly, the market can vary at different price points, so it really pays to have a REALTOR guide you through the process.  Basically, there are a few times when offering full price makes absolute sense:

  • There is nothing else in your price range and you want to be certain you get your offer accepted.  Remember, the point of buying a house is just that, BUYING not submitting repeated offers trying to save a thousand bucks and missing out on a great house that fits your criteria.
  • The seller priced the house below market value so it represents a good investment, even at full list price.
  • You have reason to believe circumstances will soon change meaning you need to buy now or be stuck renting for the next few years.  This could be anything from a pending interest rate change that will render you unable to qualify for as much house as you need, or perhaps a need to buy now or extend your lease for another year.

It's not always about the price.  If you are going to be in your new house for at least three to five years, the difference of a thousand bucks on the front end will not likely even be noticable at the other end.  Smart buyers with knowledgable agents recognize that SOMETIMES a Full Price Offer makes perfect sense.

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If you or someone you know would like information about buying, selling, or renting a home in Prince George's, Montgomery,  Charles, Calvert, Anne Arundel, Howard, and/or Baltimore Counties please contact Dr. Stacey-Ann Baugh of Century 21 New Millennium.


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Donations made to charity with every successful closing!

Dr. Stacey-Ann Baugh

Century 21 New Millennium

240-481-3565 (C)

202-546-0055 (O)




Information deemed reliable but not guaranteed! 




Comment balloon 1 commentDr. Stacey-Ann Baugh • May 24 2011 09:48PM


I like the name "Drick". How cool is that? I saw his blog too and agree.

Posted by Ellie McIntire, Luxury service in Howard County & Catonsville (Ellicott City Clarksville Howard County Maryland Real Estate) over 7 years ago

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