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Reverse Offers

With inventory starting to accumulate in the higher prices. A technique that could help sell is called a reverse offer. If you have a buyer that has come back for a second look. Prepare a written offer of your rock bottom line including any concessions any personal property and present it to the buyer or buyer's agent. Letting them know that you are serious.

Posted by Rob Aubrey Real Estate Group on 09/01/2007 02:51 AM

Comments (5)

real estate, selling

5 Comments on Reverse Offers

SEP

2007

Interesting approach. In a lagging or difficult to sell market, why not just drop to that bottom price for the whole world to see...that way it may attract the buyer evenif you don't have one sniffing around right now.??

I agree that the adjusted price amy attract more buyers. Sellers get real nervous in a declining market. Getting to present their rock bottom line is a step in the right direction

Interesting approach. I have never heard of that before. I guess the only risk of dropping the price to the same level is you will probably then get offers below the rock bottom price.