What do I do when I get an offer? That’s a common question from my sellers. If the offer is at list price or above, the answer may be easy. But keep in mind, money is not the only consideration. You may prefer a lower offer price with better financing or a more convenient closing date. With my assistance, we’ll negotiate where we may give and take over price, terms and contingencies.
Here are some tips to help you when an offer comes in:
Aim for a sale-Remember, while our aim is to get as much as you can for your home, the buyer’s aim is to find out how low you will go.
Know your buyer-You will need to learn as much as you can about whether or not the buyer can afford to purchase your home. You’ll gain peace of mind knowing the buyer is qualified.
Relax-Keep communications on an agreeable level. At all stages of negotations, be as flexible as possible. You won’t want to lose the sale even if the buyer is not so agreeable, work with them. Remember tip “Aim for a sale”?
Consider all offers-Give consideration to all offers, even if the offer is way lower than your asking price. Outright rejection is seldom wise. With my coaching, we might be able to make a counteroffer close to your asking price. It will let the buyers know that while you are not inflexible, neither are you so anxious to sell.
Respond quickly-When an offers comes in, there is usually a time-frame for us to respond. When buyers make an offer, they are in the mood to buy. But moods can change. Be sure to respond within the time-frame stated on the sales contract.
Be patient-Exercise confidence and patience as the buyer considers your counteroffer. Be positive and be forthcoming with all information requested.
Add some extras-Sometimes it will help if you include some extras for example, lawn furniture, riding mower or snow blower especially if you are moving to Fla. You won’t need it down there. See what the buyer may want and consider leaving it as part of the deal.
Finally, each offer will be different but if you use the above tips you should be able to walk through the offer part with no problem.
Oh, by the way, I am never to busy for your Referrals!
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