Paying a Premium – Who does that!?

Mar 15, 2023

The important thing is that whatever you do make sure you do it knowingly.

Paying a premium is irresponsible if you don’t know you’re doing it!

But sometimes people will knowingly pay a premium.

You need to work out what is the:

  • Bargain price
  • Fair price
  • Premium price

Which one of these you are willing to pay depends on how good a fit the property is to your requirements, and how much you love it.

Some buyers will consciously be willing to pay a premium because for them the property is such a good fit that its not really a premium for them.

Some buyers will see a property they don’t mind but don’t love … and decide that they will only proceed if they can buy it at a bargain price.

The most important thing is that whatever you do should be done consciously and optimally.