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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 home product makes lawn mowing easier than ever?

A 
The Robomow, a robot lawn mower manufactured in the UK by Friendly Machines, can cut 6,000 square yards of lawn all by itself.
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Schultz Home Team, REALTOR®, real estate agent and broker for Marco Island, Naples and Hideaway Beach, Florida home listings, property and land for sale - NUMBER1EXPERT™

Schultz Home Team
Premiere Plus Realty

235 N Collier Blvd
Marco Island, FL 34145
239-821-3839
Fax: 305-503-8574
SchultzHomeTeam@NUMBER1EXPERT.com

The internet is a great place to start searching for your Next Home, but nothing can replace the benefits you get when you work directly with a professional Realtor that has experience and in depth market knowledge. If you have any questions about Marco Island or the Real Estate market here, I am available to personally assist you in your search. Just send an email or give me a call and I will be happy to help.


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