Get the Latest Listings Before Anyone Else!
"SMOOTH AND PLEASURABLE EXPERIENCE"
"How canI ever express my appreciation for the professionalism with which you sold my home in Wellington"
Read Quote >
View All Quotes >
Maximum Service Team is one of The Top Selling Real Estate Experts™
Find Out More >
|
Real Estate Tips
Accepting An Offer >Low Offers
In every real estate market, there are buyers who make offers that are far below the current market value of the property. How should you react if your agent brings you one of these "low ball" offers? Here are some scenarios for the seller.
If your home is priced very close to its fair market value, you can simply reject the offer and be reasonably confident that a better one will appear. However, if you have priced your home higher than other comparable homes in the neighborhood, the offer may not be unreasonable.
Ask your real estate agent for advice about the buyer's overall strategy. Do they really want your house or will they move on to another property if you make a counter offer? Can they afford to pay a higher price? Are there ways to close the gap with a small owner take-back, or with terms that will increase your bottom line? Take a hard look at your asking price and explore all your options before saying "no", especially if you are selling in a buyer's market.
|
Real Estate Trivia
| Q |
What classic 1932 movie scene was filmed between 923 and 935 Vendome Street in the Silver Lake district of Los Angeles?
|
| A |
Laurel and Hardy tried to lug a heavy piano up a really long outdoor stairway in "The Music Box." |
 See More Real Estate Trivia > |
|
NUMBER1EXPERT®
© Best Image Marketing and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.
|
- NUMBER1EXPERT 
