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It's Not Full Price But Is It The Best Price?

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Real Estate Agent with The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803

As a home seller on Long Island, you probably dream of getting a buyer who will make a full price offer on your house.

 

Well, imagine you receive a strong offer the first few days after being listed. It's a strong offer, but not the full offer you were expecting. Should you snatch that offer and start packing, or do you make a counter-offer?

 

It's human nature that sellers may now think they listed it too low. "We should have listed it higher". But, most of the time, it was the right price, at the right time, with the right buyer!

 

We have seen sellers refuse a strong offer at the start, and then receive less substantial offers as time goes by. Keep in mind, a home is worth only what a buyer is willing to pay for it at the time it is on the market. Before you turn down a great offer, think about it. It may be the best deal for you!

 

When you're ready to sell your house on Long Island, do what many of your neighbors are doing...Hire Realtors Lawrence "Larry" and Sheila Agranoff.

 

Call Our Cell 631-805-4400.

 

Search Here For Long Island Homes and Condos

 

 

If your home or condo is listed with another broker, this is not a solicitation of the property.

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                                                    Sheila & Larry Agranoff

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Lawrence "Larry" & Sheila Agranoff are more than just Real Estate Agents. To attain the designation of REALTORS®, we have proven to be more knowledgeable & experienced, above and beyond the average requirements. Being part of the network referred to as REALTORS®, you can be sure we will cater to your Real Estate needs with superior professional practices.
 
If your home is listed with another broker, this is not a solicitation of property. This does not suggest broker has property currently available. Reproduction of text/images contained herein without the express written consent of the authors is strictly prohibited. Sale May Be Subject To Term & Conditions of An Offering Plan. Disclaimer: While information is believed to be accurate it's represented subject to errors, omissions, changes or reliance on information & must be verified by prospective consumer. The authors disclaim liability for any damages/losses, direct or indirect resulting from anything contained herein or the accuracy of comments or opinions of visitors.​©2008-2023.
 
 
 
 
 
 

 

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Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Larry and Sheila.  The old adage of the first offer being the best offer is very often true.  The decision to accept or counter needs to be made without emotion and from the current market facts.

Oct 07, 2015 09:14 PM
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Lawrence "Larry" & Sheila Agranoff. Call 631-805-4400 (c). I have been a buyer and seller many time, fortunately I learned this lesson a few times, but made up my mind not to fall in love with what I was selling, but much more difficult for a homeowner.

Great topic!

Oct 07, 2015 09:26 PM
Roger D. Mucci
Shaken...with a Twist 216.633.2092 - Euclid, OH
Lets shake things up at your home today!

It could get ugly when greed takes over.....some sellers just don't get it!

Oct 07, 2015 10:04 PM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I hope home sellers will read this post. Thank you for sharing.

Oct 07, 2015 10:15 PM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

It is so true. When an offer comes in quick the seller immedaitely thinks that they priced too low and are leaving money on the table. You would think they would be thankful.

Oct 07, 2015 10:32 PM
1~Judi Barrett
Integrity Real Estate Services 116 SE AVE N, Idabel, OK 74745 - Idabel, OK
BS Ed, Integrity Real Estate Services -IDABEL OK

Lawrence "Larry" & Sheila Agranoff. Call 631-805-4400 (c) , You are so right on with this post.. we see this happen over and over.  Today is American Tag Day.  Tag, you're it.. time to tag someone. 

Oct 07, 2015 10:39 PM
Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

Good morning Larry and Sheila. In my experience with few exceptions, the first offer is generally the best one.

Oct 07, 2015 10:50 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Larry & Sheila, it is all up to the Seller, but if it is a fair offer, maybe they should consider it! 

Oct 07, 2015 11:03 PM
Roy Kelley
Retired - Gaithersburg, MD

This is good reading for home sellers. The first offer is often the best offer that will be received. 

Oct 08, 2015 12:00 AM
Amanda S. Davidson
Amanda Davidson Real Estate Group Brokered By Real - Alexandria, VA
Alexandria Virginia Homes For Sale

Larry and Sheila, so true! I find 95% of the time the first offer is the best. If it's strong it's something to seriously consider. 

Oct 08, 2015 03:14 AM
Rebecca Gaujot, Realtor®
Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

This has happened twice for one of my buyers. We made the offer, it was not accepted and both sellers regret it. I even had one seller call me personally to see if my buyer still wanted his property. No, I said he has moved on.

Oct 08, 2015 04:04 AM
Wayne Zuhl
Remax First Realty II - Cranford, NJ
The Last Name You'll Ever Need in Real Estate

In my experience, the first offer is usually the best offer. There's no benefit in trading a bird in the hand for one in the bush.

Oct 08, 2015 08:25 AM
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

Emotions and sales do not mix. Well put Larry & Sheila, your dealing with the things they did not teach us in class.

Oct 08, 2015 08:41 AM
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce

The first offer can often be the best offer...full or nearly !

Oct 11, 2015 07:26 PM
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Welcome To Our Long Island World of Real Estate We are Long Island's Premiere REALTORS® representing Nassau and Suffolk County Long Island New York, including Residential Homes, Luxury Homes, Ultra Luxury Real Estate, Condo/Townhouse, 55 and Over Communities, Gated Neighborhoods and Corporate Relocation Specialists! Interested in selling your Long Island Home or Condo? Contact Lawrence and Sheila Agranoff to get a professional estimate and get your residence SOLD. Cell: 631-805-4400

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