Ginny's RI House Hunt Blog: September 2015

When the Home Sellers Want More Money than the Buyers Offer Price

When the Home Sellers Want More Money than the Buyers Offer Price

 

Oh, it must be a low offer you say.  Truthfully it may not be.  An offer on a house in RI coastal real estate that is within a couple of thousand dollars from the asking price is real estate fortune cookiesconsidered a great offer.  It may be that you could counter and get the asking price.  However, the question is about a seller actually questioning the sales price for the home.
 
What is a good real estate agent to do?  Well if you did your homework before the offer came your sellers' way, you should know if it is a great offer or a lowball offer.  You have done your comparable analysis of similar homes with similar amenities, square footage, updates on everything from well to roof, right?  Then you can substantiate that the offer is one worth taking or one that needs re-negotiating.
 
 Yes, it is not to insult the home sellers that buyers may start with a low offer.  They think they need to play a game of how low can they get the house for.  But if they play too long another buyer may come along.  
 
Sellers if you agreed to that sales price just a week ago, why is it not right now?  Because you got an offer in the first few days, right?  You are second guessing yourself.  Remember your first offer is usually your best offer.  Take a deep breath and review the comparable properties that sold with your agent and then look at the price of the offer.  It may be the right one to negotiate with.  Good luck!
 
When the Home Sellers Want More Money than the Buyers Offer Price
                                                  ~~~~~~~~~~~~~~~~~~~~~~~~~~
 
Ginny Lacey Gorman is your go to North Kingstown Rhode Island waterfront and luxury real estate agent for southern RI real estate and beyond…knowing the geographic area, schools, happenings and important tidbits of local information. Email her ​at ​Ginny@RiHouseHunt.com to make an appointment to discuss your real estate needs.
 
Waterfront, oceanfront, luxury and coastal Rhode Island estate are my specialty but all of RI is my backyard.  When you are in need of a real estate professional and specialist for your buying, selling or relocating needs and an internet savvy Realtor® who sells RI houses in this real estate market, call Ginny Gorman at  401.529.7849 today.

This blog © and its contents is original to Ginny Lacey Gorman

the RI waterfront Realtor of Choice

 

Ginny L. Gorman, a purveyor of Fine RI Waterfront Real Estate   

Specializing in waterfront, ocean front, vacation, coastal and luxury homes for sale in North Kingstown, South Kingstown, Narragansett, Jamestown, Charlestown, East Greenwich, Exeter, West Greenwich RI and beyond ...  I sell dreams!  Because there is no place like home...the RI Real Estate Agent in the Sparkly Red Shoes.

 

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Comment balloon 46 commentsGinny Gorman • September 29 2015 04:53AM
When the Home Sellers Want More Money than the Buyers Offer Price
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