OK.... I have recently submitted 2 awesome CASH offers on behalf of 2 different buyer clients only to be told to "pound sand" in so many words.... Both offers were for above the tax value of the properties in question, and had very few contingencies (buyers were bending over backwards to accomodate the seller in every way possible except that in both cases the offers were not full price).
Here is my deal--- there are very few reasons in my mind for a seller not to counter at all! You have a FISH on the LINE! Someone out there likes your property- counter at $1 less than asking price if you must, but please counter!!!! The buyer is offering what they want to pay for your property and it is the Buyers in the end that determine the sales price.
Perhaps the first offer from a buyer is not the best and final offer they would make, but if a seller says "thanks but no thanks" and doesn't counter, one may never know what the buyer would have come up with if the two sides had gone back and forth just a bit.
You the seller, are free to disagree, but please consider a counter offer- Don't be insulted by a lower offer than you wanted- be motivated to try to show the buyer why you think the house should sell at a higher $ and try to work with them....
Whew, I feel better....
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