According to the Real Estate law in Indiana, we as the Selling agent, must present ALL OFFERS. Everyone is looking for a deal, so I expect to get some of these rediculous low offers. It is our duty to explain to our seller that the offer is not an insult to his or her beautiful home. The blog by Judi K Barrett has been featured and blogged before, but it is worth repeating.
When is an offer an insult? An offer is never an insult.. an offer is...exactly that, it's an offer to purchase or buy your home or land or commercial property.
The person making the offer has indicated a desire to own your property, home, land.. that is a complement, not an insult.
The person making the offer may not have offered the amount of money that you want, or the other conditions, contingencies in the offer may not be things that you want to do, but it's still an offer to purchase, not an insult. So don't jump up and arch your back like this cat! Calm down and think...
Why in the world do you think a buyer would want to insult or offend you? They are hoping to purchase your real estate. Offending you or insulting you is not a way to establish repoire for making a deal.. so I doubt very seriously if they intended any such bad thing when they offered to buy your property.
The offer has been made.. now it's your turn to respond. Always, ALways, ALWays, ALWAys, ALWAYs, ALWAYS RESPOND. Counter that offer if you cannot accept it. What have you got to lose? And you might gain a sale.
Nothing contained within this post is intended to be legal advice. I am not an attorney and cannot give legal advice. If you need legal advice, you should seek the advice of licensed attorney.
Judi K Barrett, B.S. EDU
118 SE AVE N
IDABEL, OK 74475
Office phone: 580-212-5946
Judi's Cell: 580-212-5919
Integrity Real Estate Services
Our Name Says It All.
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