Special offer

PREPARING THE OFFER

By
Real Estate Agent with Keller Williams Real Estate RS293271

PREPARING THE OFFER

It's typical of the real estate industry, everyone wants to submit a lowball offer.  Your first step is to bring buyers to the reality of your current marketplace.  How do you do this?

Is it a buyers market or is it a sellers market?

Additionally, your other responsibility is to negotiate in the best interest of your buyer.  Keep in mind, negotiating in the best interest of a buyer is not a win/lose goal, you want to do the best you can for your buyer, without creating conflict between buyer and seller.  Fiduciary responsibility, know where you stand!

Provide your buyer with market data that includes recent sales, current listings, sale price as a percentage of list prices and any other information that is important in their decision process.

Randy Benefield
Trademark Property Services & Real Estate Inc., CalBRE, 01976861, 01442405 - Petaluma, CA

I completely agree. I explain to my clients as to what is fair in the present market and that we should be looking for a win/win real estate deal. It creates good will and satisfaction to both sides of the transaction. There is less likelihood of conflict.

Apr 17, 2010 03:31 AM