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Accepting An Offer >Low Offers

In every real estate market, there are buyers who make offers that are far below the current market value of the property. How should you react if your agent brings you one of these "low ball" offers? Here are some scenarios for the seller.

If your home is priced very close to its fair market value, you can simply reject the offer and be reasonably confident that a better one will appear. However, if you have priced your home higher than other comparable homes in the neighborhood, the offer may not be unreasonable.

Ask your real estate agent for advice about the buyer's overall strategy. Do they really want your house or will they move on to another property if you make a counter offer? Can they afford to pay a higher price? Are there ways to close the gap with a small owner take-back, or with terms that will increase your bottom line? Take a hard look at your asking price and explore all your options before saying "no", especially if you are selling in a buyer's market.

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Q	What are considered the ideal conditions for a seller's market?
A	In a seller's market, prices are firm and good houses are sold before advertised or as soon as they show up in the MLS.
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Movers!! Beltmann Group - North American Van Lines
The Beltmann Group has been a local presence here in the Twin Cities for many years!
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The Home Solutions Team, REALTORŽ, real estate agents and broker for Woodbury, St. Paul and Minneapolis Minnesota home listings, property and land for sale - NUMBER1EXPERT(tm)

The Home Solutions Team
Keller Williams Premier Realty
8425 Seasons Parkway
Woodbury, MN. 55125
651-209-8250
651-303-1750
651-209-8267
Fax: 651-389-9323
Email: Team@YourHappyHome.com
Stronger As A Whole. The Home Solutions Team is made up of some of the most widely recognized real estate professionals in the Twin Cities region. They have over 40 years combined experience helping families buy and sell real estate. Working together over the past few years, it made sense to bring the combined experience under one roof making the team stronger than the independent professionals. By working together, we can provide the client with a broad spectrum of experience, market knowledge, and marketing ability, all the while preserving the commitment to outstanding customer service.

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