Your Complete Real Estate Guide
 Welcome to the CindyFullmer.com Blog

2019-04-01 09:51:12
How Do You Feel About Low-Ball Offers?

How to Deal with a Low-Ball Offer

 
 
 
If you take care to price your home correctly - that is, at a price that is in line with what similar properties in the area have sold for recently - then you have a good chance of selling it at or near your asking price.

That doesn’t mean you won’t get a low-ball offer. You might. So, what do you do when that happens?

First, understand that the buyer may not necessarily be trying to steal away your home at a bargain-basement price. He might simply be mistaken about its true market value. Of course, he might also be coming in at a low price in the hopes he’ll get lucky.

You will never actually know the buyer’s motives. So, it would be a mistake to get angry or dismiss the offer out-of-hand. That low-ball offer might end up being the beginning of a negotiation that results in the sale of your home at a good price.

Your first step is to work with me to determine:

  • Whether the buyer is serious.
  • Whether the buyer is qualified. (For example, does he have a pre-approved mortgage?)
  • How amenable the buyer is to a counter-offer that reflects the true market value of your home.
  • What that counter-offer should be.

This isn’t an easy process. It takes the knowledge and experience of a professional real estate agent like me to get it right.

 
Blog Archive
2019-04-19 11:04:49
Is Your Home in Move-In Condition?

2019-04-05 09:55:13
How Much do You Want to Spend on Your New Home?

2019-04-03 14:01:02
Your Real Estate Investments

2019-04-01 09:51:12
How Do You Feel About Low-Ball Offers?

2019-03-29 10:11:14
Endless Possibilities?

2019-03-28 10:20:55
Showing Tips

2019-03-25 10:00:05
Home-Buying Checklist

2019-03-23 10:09:42
How Fast Do You Need to Sell?

2019-03-22 10:46:41
How Much Is Your Home Worth?

2019-03-19 12:20:29
Top 15 Home Features That Will Sell Your Home Fast—and for More Cash

2019-03-18 10:23:23
Do You Know the Value of Your Investments?

2019-03-14 09:08:10
Overview of Your Selling Process

2019-03-12 09:32:37
Selling Your Home?

2019-03-11 10:24:33
Tie Up Your Loose Ends After You Move!

2019-03-08 14:37:00
Don't Let Multiple Offers Intimidate You!

2019-03-07 10:17:41
Update Your Home Security

2019-03-06 09:46:36
Will You Find the Home You Want?

2019-03-05 10:44:40
Selling Your Home?

2019-03-04 12:06:04
March Forth, My Friends!

2019-03-01 09:14:18
Are You Emotionally Sabatoging Your Sale?

2019-02-28 10:29:57
How Fast Do You Want to Sell Your Home?

2019-02-27 08:54:26
How to Find Your Dream Home

2019-02-26 10:30:44
A Picture Perfect Home

2019-02-25 09:08:52
Take a Walk on the Boardwalk!

2019-02-23 11:02:57
How Can You Tell if Buyers are Serious?

Click here to see ALL articles.


Comment on this Article

Your Name:
Your Email:
Comments:
Verify:  Please enter the numbers shown to help eliminate spam.