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The Price Is Not Always Right

The Price Is Not Always Right.

It is common that a Seller is presented with an offer that is too low. In many cases, this would be because the price is too high with consideration for the Market. In other cases, it is because the prospective Buyer is just low balling you to test the waters. Never get mad at an offer that is too low, and always be appreciative when someone is making a formal offer on your home; simply present a counter offer (and don’t be a wise guy about it i.e. one dollar less than asking price). They may end up coming back at a more reasonable offer. The initial offer is usually not the final offer. Also, there are a number of terms and conditions that may influence the final outcome of a price. You can trust us to help you thoroughly evaluate every proposal without compromising your marketing position.

Negotiating The Right Way.

We take the ethical responsibility of fairly negotiating contractual terms very seriously. Although our loyalty is to you as Seller’s agent, it is our job to find a win-win agreement that is beneficial to all parties involved and hence brings you a sale. You may even have to deal with multiple offers before ratifying the one you judge to be the most suitable for you – and as your agents, we will guarantee a thorough and objective assessment of each offer to help you make the right choice.

The Initial Agreement and Deposit.

An effective agreement is a legal arrangement between a potential purchaser and the property’s seller. Laws vary from state to state, but in order to be a legally binding agreement, the agreement may require consideration. This consideration (initial and additional deposit) is to be held in the closing agent’s escrow account pending the fulfillment of conditions or contingencies in the effective agreement.

Some important tips to keep in mind to streamline the process even further:

  • Keep written records of everything.
    For the sake of clarity, it will be extremely useful to transcribe all verbal agreements including counter-offers and addendums, and convert them to written agreements to be signed by both parties. We will assist you in drafting all the paperwork for your sale and make sure that you have copies of everything. We do not consider an offer an offer unless it is in writing.
  • Stick to the schedule.
    Now that you have chosen your offer, you and the Buyer will be given a timeline to mark every stage in the process of closing the Real Estate contract. Meeting the requirements on time ensures a smoother flow of negotiations and also ensures that each party involved is not in breach of their agreements. During the process we will keep you constantly updated so you will always be prepared for the next step.