Housing Wire
MAY 20, 2024
A buyer submits an offer of $400,000 for the home and $12,000 in compensation for their broker. Expecting to net $392,000, the seller could then counter-offer with $404,000 for the home and $12,000 for the broker. The seller could request that their agent not show them any offers that requires them to provide this compensation.
McKissock
JULY 26, 2022
Here are some tips on how to make the real estate transaction process as smooth as possible for you and your buyer clients. Making an offer. Constructing a real estate offer is an art. What if you have two clients interested in the same property? Negotiating counter offers. Counter the counter offer.
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Home Junction
MAY 12, 2020
Market data for real estate can be a blessing when it comes to helping your listing clients respond to off-the-wall, low-ball offers. In one instance, you have sellers enjoying multiple offers on a property and achieving a nice percentage increase above their asking price. As we all know, market conditions fluctuate.
Housing Wire
JANUARY 24, 2024
What constitutes a “lowball” offer, when is it appropriate or not appropriate and how can you encourage your buyer clients to stop insisting on offering a price that’s unlikely to result in an offer? By definition, a lowball offer is an offer that is significantly below market value.
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