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Other terms, such as closing dates and concessions, may play powerful roles in the strengths of competing offers. Regardless of the strengths and weaknesses of the competing offers, the seller can only negotiate one offer at a time until there is a binding contract. Negotiating counteroffers. Acceptance!
Real estate agent: A real estate agent will be able to find REO offerings from multiple lenders in your desired area. Online services: Other online services, such as Zillow , offertools to look up foreclosures by certain characteristics or in certain areas. Some of these tools are free to use, while others may charge a fee.
However, with proper preparation, the right tools , and an understanding of the market, FSBO sellers can potentially overcome these hurdles. Online valuation tools can provide a starting point, but they may not account for recent upgrades or unique features of your property.
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