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Don’t Lose a Sale Over Pennies: Keep Your Word When Selling Your Home

By
Real Estate Agent with Berkshire Hathaway HomeServices Preferred Real Estate, Inc.; www.AuburnOpelikaALRealEstate.com

Don’t Lose a Sale Over Pennies: Keep Your Word When Selling Your Home

Imagine this: your home has been sitting on the market for 150 days or more, and finally, you get a buyer who makes a verbal offer. You agree, but the next morning, you wake up and decide to ask for an extra $1,000. While that might seem like a small amount, it could have a huge impact on the deal.

Changing terms after a verbal agreement can frustrate the buyer and damage your trustworthiness. Even though verbal agreements aren’t typically enforceable, keeping your word goes a long way in maintaining a smooth transaction. By trying to squeeze out an additional $1,000, you’re essentially buying back your own house. If your home was listed at $500,000, is it really worth risking the deal over a minor amount?

Don’t let impatience derail your sale! Stick to your word, and let’s get that home sold.

#KeepYourWord #bhhs #HomeSellingTips #RealEstateAdvice #TrustTheProcess #CloseTheDeal #RealtorGuidance

Posted by

 

Laura Sellers

Associate Broker, Realtor, GRI

Berkshire Hathaway HomeServices 

Preferred Real Estate, Inc.

1810 E. Glenn Avenue, Suite 130

Auburn, AL 36830

Phone: 334-332-7263

Fax: 1-888-217-3682w

 

www.AuburnOpelikaALRealEstate.com 

 

TO VIEW HOMES FOR SALE IN THE AUBURN-OPELIKA AREA PLEASE CLICK HERE.

 

EXPERT IN AUBURN - OPELIKA - REAL ESTATE SERVICES

If you are buying or selling  property in the Auburn - Opelika, AL  area, my team and I will provide you with the service that you need.  We're the #1 real estate company in Auburn's #1 office.  

Please call me today at (334) 332-7263.

 

To view homes for sale in the Auburn - Opelika area please click here. 

 

Referrals are always welcomed and appreciated, Thank-you!

 

 

Show All Comments Sort:
Wayne Martin
Wayne M Martin - Oswego, IL
Real Estate Broker - Retired

Good morning Laura. You are correct. You pay interest on your mortgage until you pay it off. Time costs you money. Choose wisely. Enjoy your day.

Oct 24, 2024 05:43 AM
Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em: golfArizona@cox.net

Thanks for sharing, make it a great Thursday and enjoy your upcoming 

weekend! Bill 

Bill Salvatore, Realtor- Arizona Elite Properties

Oct 24, 2024 08:19 AM
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Prop. Mgr, Wenatchee, WA

Hi Laura,
Verbal agreement may or may not be legally binding, but they are morally binding. When you lose the trust of those you are dealing with, it is almost inpossible to gain it back.

Oct 24, 2024 10:51 AM
Mark Don McInnes, Sandpoint-Idaho
Sandpoint Realty LLC - Sandpoint, ID
North Idaho Real Estate - 208-255.6227

Ones word should be their priority.  If gone back on should give the other side a hint as to how any transaction most likely will proceed.  m

Oct 25, 2024 02:08 PM