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Opinion: Navigating buyer agent compensation

Housing Wire

A buyer submits an offer of $400,000 for the home and $12,000 in compensation for their broker. Expecting to net $392,000, the seller could then counter-offer with $404,000 for the home and $12,000 for the broker. Here is an example of how that might work.

Buyers 425
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How to Conduct a Smooth Real Estate Transaction

McKissock

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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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.

Buyers 450
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Realtor scripts for managing seller expectations

Housing Wire

Instead, suggest that it might be best if you do one at what could be the worst case scenario, the lowest potential price a buyer might come in at, knowing that while that’s not a number they would accept it will at least provide a baseline to start at when calculating a counter offer number.

Sellers 401
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What to do when your buyer wants to make a lowball property offer

Housing Wire

Decide together after that discussion what price should be offered in order for the result to be an accepted (or at least countered) offer. Educate your buyer clients on market and listing facts Meet your buyer in person and educate them on the facts based on your previous two steps.

Buyers 450
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Purchasing & Developing Land - Part 2 - The Process of Purchasing Land

Eppraisal

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.