Should I reject a lowball offer?

Should I reject a lowball offer?

It is important to keep in mind in the market we are in right now, there are less buyers vying for more homes so they will try to get the best deal possible. You need to not take it personally, and discuss with your agent what the best way to respond to the lowball offer is. Any offer received is a good offer. Negotiations begin with the understanding that an offer is the first step, a starting point.

Buying and selling real estate is a business transaction and should be treated that way. The sell is not possible without negotiations and negotiations are not possible without an offer.

The process of selling or buying a house is somewhat of a rollercoaster ride. There are many ups and downs that can occur in the process, it is usually something that can be overcome in a way that all parties are satisfied.

Do not underestimate the power of making a counter offer. Not only does it communicate to buyers that you value your home, but that you believe you have priced it effectively, but it also brings to light just how serious the buyers is about purchasing the home.

The key is communication. As long as there is an open line of communication between all parties, no matter how low the offer started at, if this is the right home for the buyer, the sale will most likely happen.