Low Ball Offer? That's Great!

RECEIVED A LOW BALL OFFER?  TURN THAT OFFER AROUND!   Receiving a low offer on your home can be a disappointment. You have planned well, staged your home, provided great curb appeal, have many updates and have priced it correctly. But you can turn that low offer into something fantastic if you do not take the offer personally and look at it in a business sense. This is why it is very important to hire a Realtor to sell your home. The Realtor will take the emotion out of the process and act as a buffer between the Seller and Buyer or Seller and Buyer's Agent. It cannot be an emotional process as so much will be overlooked. So let's look at the positives of a low offer. You HAVE an offer! Someone is interested. Someone likes your house and someone thought enough of your house to take the time to write an entire Agreement of Sale! That's great news! Now that you have the offer it's negotiation time! I cannot tell you how many times I have seen low ball offers only to bring them right back up to where the Seller wanted to be. In one instance the initial offer was off by $30,000.00. A few Buyers haven't realized that the market has leveled out and that the Sellers are definately back to true market values when listing their homes. That's okay it can be worked with and eventually you may get the outcome you originally wanted. When you receive a low ball offer let the Realtor speak for you. He or She will take the disappointment out of the situation, they can take the anger out of the situation and the disbelief we sometimes see as well. Without those emotions they can then turn a low ball offer into an offer the Seller will be happy receiving. Jennifer Daywalt, Realtor RE/MAX Results Realty Phoenixville's Home Town Realtor Top Realtor 2004-2011 www.JenniferDaywalt.remax.com Author of "Ask The Realtor" in The Phoenix RE Blogger for The Phoenix 610-489-7355 Main - 610-999-7693 Direct