Great post written by Margaret Rome. I tell my sellers this all the time! Thanks Margaret!
Is it negotiable?
This is almost always the second question after asking for the price.
Hmm...Isn't everything in life negotiable?
I have seen many low offers that have made it through to closing.
You cannot insult me with a low ball offer and I will not allow my seller to be insulted.
The people who visited your home, showed your home and made NO offer...were the insulting ones.
When someone takes time to write, submit, provide financial proof, choses a lender, a title company, produces earnest money, decides on various dates.. closing, inspections etc.. and...
signs forty pages..
that is not an insult..that is an offer!
The seller does NOT have to accept.. but it is the start of negotiations.
Please respond with a thank you.
Even in a sellers market, even if it is really low, even if you and the seller "think" it's an insult...do NOT convey that to the buyer and agent.
If it cannot be negotiated...just an
" We appreciate the offer but no thank you."
works very well.
Even when there are multiple offers...this is the right response.
If you are thinking about buying or selling a home
Call Margaret Rome