How Much Over Asking Price Should I Offer on a Home in 2024?

If you’re wondering how much over asking price to offer in 2024, you’re far from alone. The question sits at the heart of nearly every real estate conversation today—especially for those eyeing a property they don’t want to lose. In this new market climate, it’s no longer just about throwing in an offer and hoping for the best. It’s about making a confident, calculated move that gives you the edge without overpaying.

As a seasoned REALTOR and Broker at Uncommon Realty, I’ve helped countless buyers navigate this exact scenario. My team and I don’t leave you to guess. We give you precision, insight, and a tactical advantage—because offering on a home for sale is serious business. This isn’t the time for maybes.

So let’s break it down together. The goal here is clarity, confidence, and a winning plan.

TL;DR – How Much Over Asking Price to Offer in 2024:

1. In 2024, knowing how much over asking price to offer is about strategy, not guesswork.
2. Your offer should reflect the true market value of the home, not just the listing price.
3. Robbie English and his expert team bring unmatched insight and negotiation strength to your offer.
4. Your personal financial limits matter more than emotions—don’t get swept up in a bidding war.
5. Smart strategy beats risky gambles—work with someone who knows how to win without overspending.

Understand Why the Asking Price Isn’t Always the Real Price

Let’s get one thing out of the way: in 2024, asking prices are often more of a conversation starter than a final word. Some homes are priced attractively low to spark competition. Others are aspirational, padded by wishful thinking from sellers who expect a bidding war. Either way, you can’t rely on the sticker price alone to determine how much to offer.

That’s why I dig deep. I analyze what similar properties have actually sold for, how long they stayed on the market, and how your desired home compares. We’re not just looking at photos—we’re looking at context. We’re asking: is the list price even close to fair market value?

This matters because offering over asking when the price is already inflated can cost you big. But if the price is low by design, you’ll need to step in strong and fast to avoid losing out.

What a Home Is Worth—and What It’s Worth to You—Aren’t Always the Same

Before placing any offer on a home for sale, we’ll talk about what the home is worth based on data. But we’ll also talk about what it’s worth to you. There’s a difference.

Some homes check every box. Others are good fits, but not great ones. If this is the home that truly works for your lifestyle, your goals, and your future, it may be worth a stretch. But not an emotional, over-the-top one.

Together, we’ll calculate a smart ceiling—your walk-away number. Once that’s set, we don’t chase. We plan.

Why Every Market Move Needs a Mastermind

Not every real estate agent can guide you on how much over asking price to offer in 2024. But I can, because this is what I teach across the country. As a national real estate speaker and licensed instructor, I don’t just practice strategy—I build it, refine it, and help agents across the U.S. adopt it.

My clients get more than just a tour guide. They get a dedicated partner in the trenches who’s studied this craft for decades and engineered it for their success. I’ve committed my entire career to mastering real estate so that you can win when it counts most.

Yes, It’s Competitive—But That Doesn’t Mean You Overpay

Homes in Austin—and many areas around Central Texas—still receive multiple offers. That part hasn’t changed. But the nature of competition has.

In 2024, smart sellers and savvy buyers are reading the market with a little more caution. That means opportunities exist—but only for buyers who come prepared. Over the years, I’ve seen buyers regret bidding too high more than I’ve seen them regret staying disciplined.

We’ll take stock of the competition. How many buyers are circling the home? How long has it been on the market? What’s the activity level behind the scenes? I’ll uncover those insights and share them with you. This gives us the playbook to know if you need to push hard—or hold your line.

Your Financial Framework Must Lead the Way

Let’s be clear: no home is worth financial instability. Even the perfect one.

Before we even talk numbers, we’ll break down your full budget. What’s your loan approval amount? How much cash are you comfortable bringing to the table? Can you cover a potential appraisal gap if needed? All of this matters, especially if you’re going above asking.

Together, we’ll factor in your future costs, risk buffers, and your financial tolerance for any surprises. You should never offer more than you can comfortably manage—not just today, but long term.

I’ve worked with hundreds of buyers who thought they needed to overspend to win. Most didn’t—and those who did, did it with eyes wide open and smart protections in place. That’s the difference the right real estate guidance makes.

Strategic Offers Win Homes—Not Just High Ones

When you’re trying to secure a home for sale, price is only one part of the equation.

A strong offer is also about structure. I help my clients build offers with strategic elements sellers value: clean terms, smart timelines, and flexible options. Sometimes we’ll include escalation clauses. Sometimes we won’t. Sometimes we’ll waive contingencies. Other times, we’ll keep protections in place while still being competitive.

This is where experience matters. I know what sellers prioritize, and I tailor your offer accordingly. It’s never a copy-paste job. It’s customized, smart, and strong.

When to Stretch—and When to Step Away

There’s a difference between making a bold move and making a reckless one.

I’ll help you recognize both.

If the home you’re eyeing has long-term potential—due to location, development plans nearby, or unique property features—it might make sense to stretch slightly beyond asking. But only if the fundamentals check out.

On the other hand, if the price is being driven by buyer frenzy alone with no supporting value underneath, it’s okay—smart, even—to walk away. I’ve seen clients do just that, and land better homes days or weeks later. You don’t need to win every battle to win the war.

The Reality of Appraisals and Lending

When you go over asking, you might run into an appraisal gap.

That happens when the lender’s appraiser values the home lower than what you agreed to pay. In that case, the lender covers only the appraised value, and you cover the rest in cash. If you can’t—or don’t want to—your deal could fall apart.

This is why the number you offer must align with your risk comfort. I’ll explain the exact scenarios where appraisal gaps are likely and when they aren’t. Then we build your offer with protections (or planned strategies) around that possibility.

No blindspots. No surprises.

The Long-Term Lens: What Will This Home Be Worth Later?

I always encourage my clients to look down the road. You’re not just buying a home—you’re buying into a future.

In Austin and the surrounding areas, some pockets are poised for major appreciation. Others are steady and stable. Either way, you want to know: will this home hold its value if I need to sell in a few years? Will it attract future buyers?

I’ll help you evaluate that potential. Not from guesswork—but from experience, insight, and a deep knowledge of local trends.

Why Buyers Who Work with Me Win More Often

I’m not a rookie. I’m not guessing. And I’m not learning on your deal.

As a Broker and REALTOR at Uncommon Realty, I bring decades of experience to every client relationship. I’ve built my practice on one simple goal: to make you smarter, stronger, and more competitive in every real estate pursuit.

Buyers who work with me understand how much over asking price to offer in 2024 because I take the time to explain it, personalize it, and execute a plan with them—not for them. I teach other agents how to master real estate, and I use those same strategies for your benefit.

Whether it’s your first time or your tenth, you deserve to work with someone who makes you feel confident every step of the way.

Making the Right Offer at the Right Time

You don’t get a second shot at a first offer. That’s the reality.

When you find a home you love, timing and strategy collide—and your next steps matter. That’s why having a professional like me by your side isn’t optional. It’s essential.

Don’t make an offer on a home for sale without knowing the terrain. Don’t guess how much over asking price to offer in 2024 based on outdated advice or someone else’s experience. Let’s build a strategy around your goals, your resources, and the current conditions.

And when we do? You’ll know that every dollar in your offer was spent with purpose—and with a plan to win.

Ready to Make Your Move?

If you’re gearing up to make an offer on a home for sale in Austin or beyond, now’s the time to get serious. Let me help you determine exactly how much over asking price to offer in 2024 based on current conditions and your unique goals.

I’m Robbie English with Uncommon Realty, and I’m here to help you play smarter, not just harder. Let’s talk before you take your next step—because with my guidance, you’re not walking into a deal… you’re walking in prepared to win.