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How to Conduct a Smooth Real Estate Transaction

McKissock

Negotiating counter offers. If the seller does not find the initial offer acceptable (e.g., because they feel the offer price is too low, too many repairs or inspections are requested, etc.), they may come back with a counter offer. They may be surprised by a counter offer.

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The REO Guide: 10 Steps to Buying a Bank-Owned Home

PennyMac

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 , offer tools 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.

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Market Data for Real Estate Helps Counter Low-Ball Offers

Home Junction

Unfortunately, in these situations, sellers may believe their home is still worth a decent asking price and become emotional when these crazy offers come in. There are tools they can use to help that homeowner feel confident about their price point with strategies on how to deal with any hard-driving buyers. They feel insulted.

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Selling a House Without a Realtor in Texas: An Essential Guide

Listing Spark

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.