What to Do When You Get an Offer on Your Property

Homes for Sale - Realtor Karen J. McLinden

Residential Real Estate, Commercial Real Estate, New Construction, Investment Property, Rentals

Areas Include But Not Limited To: Fall River, MA - Swansea, MA - Somerset, MA - Westport, MA - Dartmouth, MA - Tiverton, RI - Assonet, MA - Freetown, MA - Berkley, MA - Taunton, MA - Dighton, MA - Rehoboth, MA - Seekonk, MA - Warren, RI - Portsmouth, RI - Middletown, RI - Little Compton, RI - New Bedford, MA - Lakeville, MA - Middleboro, MA - Fairhaven, MA - Wareham, MA

First Time Home Buyers, Relocating Assistance, Short Sale Assistance

What to Do When You Get an Offer on Your Property
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RECEIVING AN OFFER

Okay ! This is it ! You're almost done ! Here are a few things to keep in mind when you receive an offer:

When you receive the first offer remember that the buyers have usually been looking for a while and know when a new house is for sale. They know the market. Most sellers refuse the first offer without even negotiating it. Later on they end up selling for less.

Look seriously at all offers. Toughen up and be prepared for low offers. Most sellers are insulted by low offers. Sit down, take a breath and put the figures down on paper. Sometimes with a little negotiating, things can be worked out. You can counteroffer or we can let the buyer know that the offer was too low but if they would like to put in another offer you would be willing to consider it. Also remember to weigh the importance of contingencies in each offer.

Below is a list of expenses that could be involved in a sale and a Net Proceeds Estimate that can be used to figure out approximately what you will walk away with. Please feel free to call or email me if you would like me to figure it out for you.

Expenses

This is a list of estimated expenses that can be involved in a sale.

Estimate

Net Proceeds Estimate form to print

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"When You're # 1, You Can Do Things Others Can't" - Source: 2006 Ad Tracking Study. This survey included 1202 telephone interviews (via computer assisted program) with a national random sample of adults (ages 25-54) who have either bought or sold a home within the past two years or plan to purchase or sell a home within the next two years. Brand awareness questions are based on a sample size of 1202 respondents with a margin of error of +/- 2.4% at 90% confidence level. The study was conducted between March 6th-October 2nd, 206 by Millward Brown, a leading research organization.