Tips for Sellers Weighing an Offer:
Tips for Sellers Weighing an Offer:
Buyers are very aggressive making lowball offers to sellers in a buyer’s market. When should you accept or decline an offer?
Sellers are under pressure trying to decide whether to accept an offer on their home.
There are several questions you should ask yourself or a professional Realtor. Is the buyer pre-qualified or approved? Having a buyer prepared and able to show up at the closing is important to know.
Ask your real estate agent to put a current CMA together so you can see resent sales in your community along with other homes that are currently for sale.
If you need to move quickly due to a job relocation or to avoid foreclosure you may need to accept an offer that is less than what you want.
Be sure that your real estate agent gives you an estimate of your closing costs so you can weigh whether you can even afford to agree to the buyer's offer.
If your property does not sell for another 2 or three months what will that cost you in mortgage payments and up keep.
Know your market for example The Asheville-Weaverville Real Estate Market is picking up and looks like this season will improve over last year. But the Waynesville-Maggie Valley Real Estate for second homes is still soft but showing that it may be stronger but still a buyers market.
There are many more questions I am sure you will have and personal conditions that will help you make the right decision. But rely on your real estate agent to help you that is what you pay them for.