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Real Estate Tips

Accepting An Offer >Low Offers

In every real estate market, there are buyers who make offers that are far below the current market value of the property. How should you react if your agent brings you one of these "low ball" offers? Here are some scenarios for the seller.

If your home is priced very close to its fair market value, you can simply reject the offer and be reasonably confident that a better one will appear. However, if you have priced your home higher than other comparable homes in the neighborhood, the offer may not be unreasonable.

Ask your real estate agent for advice about the buyer's overall strategy. Do they really want your house or will they move on to another property if you make a counter offer? Can they afford to pay a higher price? Are there ways to close the gap with a small owner take-back, or with terms that will increase your bottom line? Take a hard look at your asking price and explore all your options before saying "no", especially if you are selling in a buyer's market.

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Real Estate Trivia

Q 
What is the most populous state in the United States?

A 
California, with 35.9 million people.
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The Charles Hayes Team, REALTOR®, real estate agent and broker for Mobile, Grand Bay, Irvington, Theodore, Tillmans Corner, Saraland, and Semmes, Alabama home listings, property and land for sale - NUMBER1EXPERT

The Charles Hayes Team
Coldwell Banker, Charles Hayes Real Estate, Inc.

1120 Hillcrest Road
Mobile, AL. 36695
251-633-6300
251-421-7070
Fax: 251-633-6679
Email: charleshayes@NUMBER1EXPERT.com

Charles E. Hayes wants to be your real estate agent! With over thirty years in the real estate industry, he has extensive knowledge of the real estate market in the area, and he works with both buyers and sellers. Charles specializes in new home construction. He also has two full-time assistants who are also Realtors and a closing agent to help you. Having his team work for you makes buying or selling your new home nearly effortless. Call or email him today!!!

CNHS Equal Housing MLS REALTOR RELO


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