1. Check your emotions. A purchase offer, even a very low one, means someone wants to purchase your home. Unless the offer is laughably low, it deserves a cordial response, whether that’s a counteroffer or an outright rejection. Remain calm and discuss with your agent the many ways you can respond to a lowball purchase offer.
2. Counter the offer. Unless you’ve received multiple offers, the best response is to counter the low offer with a price and terms you’re willing to accept. Some buyers make a low offer because they think that’s customary, they’re afraid they’ll overpay, or they want to test your limits. A counteroffer signals that you’re willing to negotiate. One strategy for your counteroffer is to lower your price, but remove any concessions such as seller assistance with closing costs, or features such as kitchen appliances you’d like to take with you.Daniel Fornes
Realtor & Mortgage Broker
www.danielfornes.remax.com
No comments:
Post a Comment