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Homes are selling well over listing prices as buyers compete against each other

Housing Wire

If you’re looking to buy a home, be prepared to make an offer higher than what’s listed. In today’s market, sellers are juggling multiple offers at once. Meaning, they’re less likely to entertain a low offer or even make counter-offers. As a serious home shopper, make sure to lead with your best foot forward.

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How to Conduct a Smooth Real Estate Transaction


Negotiating counter offers. If the seller does not find the initial offer acceptable (e.g., because they feel the offer price is too low, too many repairs or inspections are requested, etc.), they may come back with a counter offer. They may be surprised by a counter offer.


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Purchasing & Developing Land - Part 2 - The Process of Purchasing Land


Negotiating a Purchase Price Again, the tax assessor's office can give you a ballpark figure around which offers and counter-offers can hover. While it might seem counter-intuitive, appraising vacant land is more daunting than doing so for improved land.

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5 Tips to Sell Your Home for the Most Money This Fall

Lamacchia Realty

In addition, if you do receive an offer in the first week that is less than you hoped, think twice before you deny it. There is always room to counter-offer and negotiate. Motivated sellers attract motivated buyers.

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Appraisals 101: What to Expect From the Home Appraisal Process

Raleigh Realty

Like making counter-offers and going through the home inspection process, the home appraisal can be a sticking point between buyer and seller. You can practically feel the keys landing in your hand, especially if you're a first-time homebuyer. But before you do there's one last factor to consider: the home appraisal.

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10 Real Estate Tips BEFORE You Sell Your Home

Raleigh Realty

Once an offer comes in that piques your interest, inform your real estate agent so they may inform the buyer in a timely manner. If there are any counter-offers you wish to execute, make sure to also address those as quickly as possible.

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Market Data for Real Estate Helps Counter Low-Ball Offers

Home Junction

In most cases, the smart thing to do is come back with a counter-offer, even if it is a small reduction. The smart thing to do is not get into an argument. Or, try to one up the buyer and tell them the asking price just went up another 10%. Negotiating experts say it’s best to always try to keep discussions moving.