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Real Estate Sellers do have Options
We work with a lot of real estate sellers that are not understanding that they need to be flexible.  As Realtors, it is our job to make them understand that the real estate market currently favors buyers and although this doesn’t mean they have to give the property away, it does mean they have to be open to different scenarios that will ultimately sell their property.
We recently prepared a purchase contract for some Miami Shores buyer clients and the deal never materialized because the sellers were being stubborn and wanted things done their way. It was a very strong offer and I personally thought the sellers were making a bad call. Needless to say, those same sellers had 2 other offers which they also turned down and their property is now priced below those original offers. OUCH!!
Sellers must consider all offers; they should study them carefully and make sure they don’t turn anything down without first giving it good consideration. If you get an offer with a contingency based on a buyer selling their own property, make sure you explain to your seller that it may be the perfect scenario. There are many ways of accepting contingencies without harming the sale of a ... more

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