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Real Estate Tips
Accepting An Offer >Responding to Low Offers

The beginning of negotiations is usually the end of many months of hard work for the buyer or seller. The work ahead requires skill in order to maintain a strong position.

Sellers can lose their advantage if they do not counter an offer that a buyer has made. Even if the opening offer is beneath what the seller feels is reasonable, it is advisable for the seller to respond with a slight reduction from the asking price. The most important component in negotiating is good communication.

The best way to handle a low offer is to counter it with definite terms that are favorable to the seller. A counter offer has two advantages: 1) it keeps the buyer interested, and 2) it moves the negotiation forward and gives the buyer the opportunity to submit another offer that the seller is more likely to prefer.

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Real Estate Trivia
Q 
What is the earliest residential building that remains in Manhattan?

A 
Fraunces Tavern, built in 1719, is where George Washington delivered his Farewell Address to his officers in 1783.
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Ricky Nolin, REALTOR®, real estate agent and broker for Augusta, Fort Gordon and Evans, Georgia home listings, property and land for sale - NUMBER1EXPERT

Ricky Nolin
Keller Williams Realty Augusta Partners

3633 Wheeler Rd Suite 125
Augusta, GA 30909
706-868-3772
Fax: 706-868-3782
rickynolin@RickyNolin.com

Ricky is your leading source for all of your greater Columbia and Richmond Counties real estate needs.


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