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Accepting An Offer >Responding to Low Offers
The beginning of negotiations is usually the end of many months of hard work for the buyer or seller. The work ahead requires skill in order to maintain a strong position.
Sellers can lose their advantage if they do not counter an offer that a buyer has made. Even if the opening offer is beneath what the seller feels is reasonable, it is advisable for the seller to respond with a slight reduction from the asking price. The most important component in negotiating is good communication.
The best way to handle a low offer is to counter it with definite terms that are favorable to the seller. A counter offer has two advantages: 1) it keeps the buyer interested, and 2) it moves the negotiation forward and gives the buyer the opportunity to submit another offer that the seller is more likely to prefer.
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| Q |
Over what famous building is aircraft forbidden to fly at any time?
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| A |
No aircraft is permitted to fly over the Taj Mahal in India. |
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Pat Olenick Keller Williams Real Estate 2003 South Easton Road, Suite 108 Doylestown, PA 18901 215-280-6284 patolenick@NUMBER1EXPERT.com
Serving the Bucks and Montgomery home buyers and sellers for over 10 years, Pat has become the REALTOR of choice by helping hundreds to achieve their goals. Pat's commitment to ethical practice and continuing education have inspired the trust and respect of the real estate community. Referrals are a primary source of Pat's business; a testament to the high quality of her service and the personal connection she makes with her clients.
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