Low Ball Offers - How do you Respond?

Posted by Longhorn Realty LLC on Tuesday, November 26th, 2013 at 7:37am.

How to Respond to Low OffersHomes and Land for Sale in Central TexasSo you the Seller received a low offer on your Austin area home, a very low offer. Should you be insulted or offended and refuse to provide a counteroffer? Isn't it always cool on these real estate shows on cable when a seller refuses to respond to an offer?  In the real world selling a home can be a very personal matter and someone telling you by way of a low offer that your home isn't worth as much as you think can come across as insulting and offensive.

Another way of looking at it is someone is interested in buying your property and receiving offers is just part of the process. You want to get offers that's why you listed your property!  You also have to understand most people would like to get a very good deal on a purchase and don't we all?

In this situation one thing is guaranteed, if you don't respond the opportunity is probably dead. You listed your property for a reason and getting offers, good or bad,  is what you need to sell your property. You should always welcome and respond to all offers. Who doesn't enjoy getting a great deal, so some buyers logic is why not try a low offer first. Most offers can be negotiated upwards so if you want to find out how serious a buyer is promptly respond to all offers.

Contact Longhorn Realty about listing your home today!

Don Honeycutt, Broker/REALTOR®
Longhorn Realty, LLC - Cell: 512.289.2121

If you enjoyed this post, please share.

Leave a Comment