It’s difficult, but try your best not to be insulted by the offer.
I know it’s hard!! But buyers listen to so many ‘experts’. Economists. Friends and neighbors. National or state news reports that may be far different from your local market. Sometimes it’s wishful thinking on their part, hoping they’ll find someone who is at the point of desperation. Sometimes it’s trial and error. And occasionally, it may be that they are lacking buyer’s comps for the property they’re considering and don’t really understand the value of the homes in your neighborhood.
First communicate....... … (153 comments)
low ball offers: Things to Ponder Before You Submit a Low Ball Offer
- 06/10/10 03:02 AM
What was your first reaction when seeing this property? Assuming that you’ve been there in person before writing an offer, the initial price must have been within your reasonable range, or you would have skipped it altogether. Was there something objectionable about the property supporting a lower price? Is the home price overpriced or in step with the current market? How does the price per square foot compare with others of equal size, location and condition? Is there a surplus of properties, or are inventory levels below average? What kind of seller is in the equation? If this is a … (103 comments)
Real estate market and local information for the Tri Valley communities of Livermore, Pleasanton, and Dublin, CA. Search for homes for sale, things to see and do, what it's like to live here.
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