When the Seller Won't Budge

So you finally decided to make an offer on the home you saw three times in the past 30 days. You sit down with your agent and decide on the best price.

Contrary to the REALTORS® CMA you decide to offer below FMV. You wait all night and wonder what the seller will decide. Late the next day, your REALTOR® calls to tell you your offer was countered...FULL PRICE! Woah...now wait a minute, who does this seller think they are you wonder.

Dont take it personal. It does not mean they will not negotiate. All it means is that they do not feel your top line will reach their bottom line, so they dont want to continue negotiations. It does not mean they will not accept less.

They may be willing to accept just slightly higher than your top line. If you are in this situation, dont frett. You may still be able to get your favorite home. You just need to counter no later than a day or two while the iron is still hot.

Nothing excites me more than negotiating real estate deals. It's my business and I can be your greatest asset when you purchase your next home. Call me for a consultation today and see how easy a real estate transaction with me can be.

Copyright © 2009 By Tom Ikonomou, All Rights Reserved. All information provided by this author is only an opinion, is not guaranteed, may be based on information collected from several sources, and may be time sensitive. It is not necessarily representative of the opinions of Best-West Realty Ltd..