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Is a low offer a good idea?
While your low offer in a normal market might be rejected immediately,
in a buyer's market a motivated seller will either accept or make a counteroffer.
Full-price offers or above are more likely to be accepted by the seller.
There are other considerations involved:
* Is the offer contingent upon anything, such as the sale of the buyer's current house?
If so, a low offer, even at full price, may not be as attractive as an offer without that condition.
* Is the offer made on the house as is,
or does the buyer want the seller to make some repairs or lower the price instead?
* Is the offer all cash, meaning the buyer has waived the financing contingency?
If so, then an offer at less than the asking price may be more attractive to the seller
than a full-price offer with a financing contingency
Contact Information
Mary Lou Ciambriello P.A. - Realtor, Realtor®
Re/Max Advantage Plus - Delray Beach Office900 East Atlantic Avenue Delray Beach, Florida 33483
Toll free: 1.888.332.2122 / Phone: 561.330.7219
Cell: 561.305.7139 / Fax: 561.278.3900
E-mail: Click here / Website: HELLOMARYLOUGOODBYEHOUSE.COM
Equal Housing Opportunity. This material is based on information which we consider reliable, but because it has been supplied by third parties, we cannot represent that it is accurate or complete and should not be relied on as such. This offering is subject to errors, omissions, change of price or withdrawal without notice.
