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Real Estate Tips
Accepting An Offer >Responding to Low Offers

The beginning of negotiations is usually the end of many months of hard work for the buyer or seller. The work ahead requires skill in order to maintain a strong position.

Sellers can lose their advantage if they do not counter an offer that a buyer has made. Even if the opening offer is beneath what the seller feels is reasonable, it is advisable for the seller to respond with a slight reduction from the asking price. The most important component in negotiating is good communication.

The best way to handle a low offer is to counter it with definite terms that are favorable to the seller. A counter offer has two advantages: 1) it keeps the buyer interested, and 2) it moves the negotiation forward and gives the buyer the opportunity to submit another offer that the seller is more likely to prefer.

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Real Estate Trivia
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What is an encumbrance against a property, which may be voluntary or involuntary?

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There are many different kinds of liens: a tax lien, a judgment lien, a mortgage lien, and a mechanic's lien.
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Suzanne Grace & Associates, REALTOR®, real estate agents and broker for Thousand Oaks, Newbury Park and Simi Valley, California home listings, property and land for sale - NUMBER1EXPERT(tm)

Suzanne Grace & Associates
Prudential Calfornia Realty

2860 Thousand Oaks Blvd
Thousand Oaks CA 91362
Phone: 805-341-4644
Fax: 805-496-0099
Text Message: 805-341-4644
Email: suzannegrace@NUMBER1EXPERT.com
Email: csgrace@verizon.net

MOVE with Grace! Suzanne Grace & Associates is a collaborative team of highly professional agents with unique skills designed to help you realize your dreams and goals as you build a future in real estate.

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