If you're on the fence about whether to reject or accept an offer to purchase, you may be pondering over a third option: submitting a counteroffer.
Deciding to counter-offer can be a tough decision for first-time and experienced house sellers alike. However, with the right preparation and research, you can handle submitting a counteroffer with confidence.
Even though your home’s initial asking price is not set in stone, you likely have expectations about how much your home should be sold for. If a homebuyer submits an offer to purchase that falls below your expectations, assessing your residence can help you make the best-possible decision.
For instance, if your home is in great condition and has unique aspects worthwhile to buyers, when a low offer is submitted, you may want to consider countering the offer. This can give you a better idea if the potential buyer is financially flexible and helps you to get an offer closer to what you think your home is worth.
Housing market data can help home sellers make informed decisions as they sell their home.
It's beneficial to examine the prices of similar properties being sold in your area. This can help you determine if an offer meets your needs and industry standards, or if it falls too low.
A real estate agent is a house selling expert who can allocate the necessary time and resources to help you review an offer to purchase. They can provide a recommendation about whether to counter a homebuying proposal and review all available information to see if this is the best course of action.
Using the aforementioned tips, you can perform a full evaluation of an offer to purchase and proceed accordingly.
As a dedicated Real Estate professional, my goal is to provide the highest level of service to my clients. Since 2002, I have been proudly serving the Metrowest area and beyond as a REALTOR. I believe in offering comprehensive information to meet all your Real Estate needs. My website features a wide selection of online tools designed to provide you with the most current Real Estate information. I take great pride in assisting my clients in the utmost professional manner.
I hold the ASP (Accredited Staging Professional) designation, which allows me to assist in staging your home to market it in its best light. Additionally, I have an SRES (Senior Real Estate Specialist) designation, which has equipped me with the knowledge to work with seniors ready to move into their next chapter of living, possibly in a smaller home and/or a community with more social activities.
I welcome the opportunity to represent you in the sale or purchase of your next home!
