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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.
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Connie Webb Century 21 Bell Real Estate 2103 Warren Avenue Cheyenne, WY. 82001 Toll Free: 800-221-5064 Phone: 307-635-0336 Fax: 307-632-6125 Email: Connie@Move2Cheyenne.com
Connie Webb takes a positive approach to life and you can see it in everything she does. From spending time with her family to helping her clients reach their dreams, Connie always has a smile on her face and a winning attitude in her heart.
Connie brings that same positive approach to her career as a leading real estate professional in Laramie County. Her clients can count on her to be there when they need her, to listen closely to their needs and to provide strong guidance and support during the entire real estate process. Connie loves what she does and it shows. Her positive approach to life helps her to make a positive difference in the lives of her clients.
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