How to Deal with a Low-Ball Offer
“You will never find time for anything. If you want time you must make it.” Charles Buxton
“Ask yourself your secret of success. Listen to your answer, and practice it.” Richard Bach
“Things turn out best for the people who make the best of the way things turn out.” John Wooden
Not intended to cause or induce the breach of, cancellation of, assignment of, or to interfere in any way with the existing agency agreement of another REALTOR®.
If you take care to price your home correctly —
that is, at a price that is in line with what similar
properties in the area have sold for recently —
then you have a good chance of selling it at or
near your asking price.
That doesn’t mean you won’t get a low-ball offer.
You might. So what do you do when that happens?
First, understand that the buyer may not
necessarily be trying to steal away your home at a
bargain-basement price. He might simply be
mistaken about its true market value. Of course,
he might also be coming in at a low price in the
hopes he’ll get lucky.
You will never actually know the buyer’s motives.
So it would be a mistake to get angry or dismiss
the offer out-of-hand. That low-ball offer might
end up being the beginning of a negotiation that
results in you selling your home at a good price.
Your first step is to work with your REALTOR® to
determine:
• How serious the buyer is.
• How qualified the buyer is. (For example, does
he have a pre-approved mortgage?)
• How amenable the buyer is to a counter-offer
that reflects the true market value of
your home.
• What that counter-offer should be.
This isn’t an easy process. It takes knowledge
and experience to get it right. That’s why working
with a good REALTOR® is essential.
Looking for a REALTOR® who is an expert at this
stuff? Call today.
INFORMED
THE
If you see a haze of condensation on
your window, should you be
concerned? Maybe. Maybe not. It
depends on a number of factors.
First of all, an occasional build-up
of condensation is normal and
often the result of fluctuating
humidity in the home. Usually, it’s
nothing to worry about. If you’re
using a humidifier, try adjusting the
levels. If the humidity is being
generated naturally, try placing a
dehumidifier nearby. Also, remove
any plants and firewood from the
area, as they can release a
surprising volume of moisture into
the air.
Do you see moisture in between the
panes of glass that make up the
window? If so, that means the seal
has failed and moisture has crept in.
Double and triple pane windows
often contain a gas (argon, for
example) that boosts the insulating
qualities of the window. When the
seal fails, the gas disappears, making
the glass colder and often allowing
condensation to creep in. Eventually,
you’ll want to get it replaced.
If you see moisture build-up
anywhere on the frame of the
window, particularly at the joints,
that could be a sign of water leaking
through. That’s an issue you should
get checked out immediately by a
window contractor.
Concerned about Condensation on Windows?
Think, Act... Live!