Charlie Ragonesi Big Canoe Realestate's Blog

What's in a Counter offer ?

Recently I had some folks put an offer in on a home. The offer was good . The home was a foreclosure. We expected a counter offer. We got one . It was from the Bank at 900 less than asking price. So what is in a counter offer? Some times an insult. When an offer is not "low ball" there is often an expectation that the other side will not be silly and try to play "hardball"

The negotiation, in this case, keeping the buyer from walking, is just one place where we Realtors earn our money. If you are working with a seller and get a decent offer, but must counter then make it a decent counter. Because what is in a counter offer for you may be a buyer who gets insulted and walks.

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Charlie Ragonesi All Mountain Realty Big Canoe and Mountain Blog

On line at www.allmountainrealty.com Call at 706 579 1098

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4 commentsCharlie Ragonesi • July 12 2010 04:19PM
What's in a Counter offer
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Recently I had some folks put an offer in on a home. The offer was good The home was a foreclosure. We expected a counter offer. We got one It was from the Bank at 900 less than asking price. So what is in a counter offer? Some times an insult… more