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

Housing Wire

Has the seller recently corrected negative feedback? Has the seller recently rejected offers? What else can the listing agent tell you about the seller’s situation, preferred deal terms like closing and possession dates, etc., which can help you put together an acceptable offer? If so, what was the reason?

Buyers 442
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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. Bottom line.

Buyers 442
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How to Conduct a Smooth Real Estate Transaction

McKissock

In order to reach an acceptable agreement with the most favorable terms, make sure your buyers are aware of the market and the most important factors when constructing an offer. Requests to sellers to pay closing costs. Other terms, such as closing dates and concessions, may play powerful roles in the strengths of competing offers.

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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. The first thing you should do: call your agent, tell them the appraisal price is the highest you're willing to pay, and have them tell the seller so. What is a Home Appraisal?

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

Eppraisal

Contacting the Seller The first question a buyer must answer is whether the lot is listed for sale or not. For a property that is listed with a real estate broker, the prospective purchaser should retain an experienced buyer's real estate broker to facilitate negotiations with the seller's broker.

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

Lamacchia Realty

Motivated sellers attract motivated buyers. 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. Seller Resources. Additional Resources. Fall Home Maintenance To-Dos! September 29, 2020.

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Market Data for Real Estate Helps Counter Low-Ball Offers

Home Junction

Market data for real estate can be a blessing when it comes to helping your listing clients respond to off-the-wall, low-ball offers. In one instance, you have sellers enjoying multiple offers on a property and achieving a nice percentage increase above their asking price. As we know, in some situations, sellers will cave in.