How To Review the Offer That You Get

Ensure that you look at the whole offer to understand the situation.

I recently had the pleasure to sit down with a client to go over an offer that we just received on their house. The market has shifted, and things have slowed down regarding the number of showings people are getting on houses, as well as the number of offers coming in.

In this particular case, we've been on the market for a little over 20 days and now we have this offer. At first glance, it wasn't what you would expect. I toyed with how to present this offer to the client so that they would not be offended because it wasn't at asking price. When I sat down with them, I was pleasantly surprised that they wanted to break the offer down and see what we like and dislike about it. 

"Look at the offer in its entirety and don't get offended."

When you get an offer in this market, here are a few things to remember:

  • The buyer liked your house enough to submit an offer, so look at it from that viewpoint.
  • If the offer isn't at the price that you want, remember that you can negotiate.
  • Look at the overall terms of the offer. It may have an excellent close date and no contingencies.

Look at the offer in its entirety and don't get offended. Know that you have buyers out there who want to purchase your home. Try to work it out with the buyer to have a positive outcome. If you have any questions or need assistance, feel free to call me, DM me, or send me an email or text. I look forward to hearing from you.

Post a Comment