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What Do I Do When I Get An Offer?
Eight Tips For Homesellers
What do I do when I get an offer? That’s a common
question asked by my vendors.
If the offer is at or above your asking price, the answer may be
easy. But remember, money is not the only consideration. You may
prefer a lower offer with better terms and conditions or a more
convenient closing date. When all factors are favourable and the
price is right, sign the offer and “reel” the purchaser in.
Typically, with my assistance, you’ll negotiate. It’s an art
(somewhat like fishing), where you may give and take over price,
terms and special conditions. Even vendor-take-back financing,
possession date or included chattels may come into play.
Here are some tips to help you throughout the process . .
(1) Aim for a SALE!
Remember, while your aim is to get as much as you can for your
home, the purchaser’s aim is to find your lowest acceptable
price. In the end, however, your both angling for the same catch
. . . a sale on the best possible terms for both of you.
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