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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 
Exactly how many islands are included in the group called the 1000 Islands?

A 
There are actually 1,864 islands in the 80-mile stretch in the St. Lawrence River, between Ontario, Canada and New York State.
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The Steve Schwab Group, REALTOR®, real estate agents and broker for Portland, Beaverton and Tigard, Oregon home listings, property and land for sale - NUMBER1EXPERT(tm)

The Steve Schwab Group
Steve Schwab Group / RE/MAX Equity Group

9790 SW Nimbus
Beaverton, OR. 97008
Phone: 503-780-7599
Fax: 503-626-8994
Email: steveschwab@NUMBER1EXPERT.com

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