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Making An Offer >Low Offers
You have found the perfect house with everything you wanted--and then some--but the price is more than you want to pay. You decide to go for it anyway, and ask the agent to submit what real estate agents call a "low ball" offer.
Low ball offers sometimes work. If the market is fluctuating and the sellers are anxious, they may just accept it. They may be willing to negotiate if they have listed the house at a higher price than is reasonable. Most sellers are open to offers, but they won't give their house away, especially if the asking price is in line with recent sales of similar homes.
What do you have to lose by making a low offer? If the seller yells and screams, the agent will be the focus of his wrath -- and we don't take it personally. If you really want the house, however, a very low initial offer may irritate the seller to the point that he won't consider a better offer, if you decide to submit one. Design your strategy on the basis of how badly you want the house.
The Palmer Team Long & Foster Realtors 400 Roanoke Street Christiansburg, VA, 24073 OFFICE: 540-382-1072 Joanne Palmer: 540-605-1072 Ricky Palmer: 540-605-1070 Darin Greear: 540-320-5859 Joanne Palmer: joanne@rinerva.com Ricky Palmer: ricky@rinerva.com Darin Greear: darin@rinerva.com
"We believe that our long-term success stems from building trusting relationships with our clients. Buying or selling property is a major event in most people's lives, both financially and emotionally. We strive to eliminate the stress by handling all of the details in a timely and professional manner, so our clients can relax and enjoy their experience. We want to have clients for life, so we try to exceed their expectations every day."
* The data relating to real estate on this website comes in part from the Broker Reciprocity/IDX (Internet Data Exchange) Program of the New River Valley Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Long & Foster REALTORSR are marked with the Broker Reciprocity logo (IDX) and detailed information about them includes the name of the listing broker.
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